The average yearly wage for African Americans in the United States as of December 15, 2022, is $78,975. That comes out to about $37.97 an hour, in case you need a quick pay calculator.
What does the typical white male earn annually?In 2021, the median income in the US was $69,717. Top paying positions: The best paid jobs in 2021 were chief executives and nurse anesthetists, who both made over $200,000. US earnings by gender: In 2021, the median male wage was $50,391, which was 27% greater than the median female wage of $36,726, which was.
What will a Black man make on average in 2022 in America?Black men's median weekly wages were $922, or 77.3 percent, less than White men's median weekly earnings ($1,192).
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Which of the following would not be a part of a company's human resources?
A Managers
B. Full-time employees
C. Temporary employees
D. All would be included as human resources
ou want to buy a new sports car from Muscle Motors for $76,000. The contract is in the form of a 60-month annuity due at an APR of 7.15 percent, compounded monthly. What will your monthly payment be
Answer:
$1510.28
Explanation:
The monthly on the purchase of new sports car can be computed using the pmt excel function as shown below:
=pmt(rate,nper,-pv,fv)
rate is APR of 7.15% expressed in monthly terms i.e 7.15%/12
nper is the number of months that payments would last i.e 60 months
pv is the cost of the new sports car i.e $76000
fv is the balance owed after the 60th payment i.e $0
=pmt(7.15%/12,60,-76000,0)=$1510.28
Please Help!!!!
What are some reasons that companies might not be addressing Gen Y leadership development programs? Discuss
Due to the way they were taught, Generation Y really has a propensity to struggle with problem solving, failing, accepting and learning from errors, and having realistic expectations. Independence, accountability, and responsibility are all reduced.
What tactics should managers take when interacting with Generation Y workers?What Every Manager Needs to Know About Managing Generation Y
Help them get used to working there without alarming or insulting them.Provide them trustworthy educational experiences that will enable them to be successful in their careers.Prevent them from self-destructing.What can be a drawback for Gen Y workers?The stereotypes about millennials include being too relaxed, impatient, and lazy. Employers of Generation Y workers say that these people have low standards for pay, a poor work ethic, and difficulty focusing and concentrating. They seem to be hopping jobs in an outrageous manner.
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What will produce more accurate results when giving a survey?
A. Using the word "frequently" in a question
B. Creating face-to-face interviews
C. Adding boxes to check for answers
D. Creating an open questions
Answer:
Option B; Creating face-to-face interviews
Explanation:
Research has shown that face-to-face interviews tend to produce more accurate results when giving a survey. So the correct answer is option B.
Sadie is a reporter who has researched an in-depth article about the prevalence of mercury found in local fish. During her investigation she finds that although a few fish have been caught with high levels of mercury, for the most part, they are rare. Considering that Sadie’s organization needs to sell ad space, which title will she MOST likely pick for this article?
A.
No Cause for Alarm with Local Fish
B.
Few Fish Affected by Mercury, Study Finds
C.
Mercury Levels Not an Issue Here
D.
Toxic Ingredients in Local Seafood
The title that Sadie is most likely to pick for the article, considering that her organization needs to sell ad space, is B. Few Fish Affected by Mercury, Study Finds.
Why is the title appropriate ?The title of Sadie's investigation accurately portrays the rarity of local fish with high mercury levels. It puts forward an optimistic perspective by emphasizing the low incidence of mercury within these aquatic species, possibly sparking interest from advertisers and readers.
However, choosing option A which says No Need to Worry About Local Fish, may undermine concerns related to mercury poisoning risks in fish, hindering engagement from people and marketers alike.
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To help audiences understand large amounts of information, which visuals are the most suitable?
different between isoquant and isocost
True False
An employee's loyalty to colleagues, managers, or the company is a common reason that prevents employees from reporting ethical misconduct in the company.
It is a true statement that an employee's loyalty to colleagues, managers or the company is a common reason that prevents employees from reporting ethical misconduct in the company.
What is an ethics in business?The business ethics refers to any standards for the morally right and wrong conduct in business. It is also defined as those conduct that are “legal” and “ethical” which enhances the law by outlining acceptable behaviors beyond government control.
In the context of ethics, a misconduct means any wrongdoings but not limited to any criminal, fraudulent, illegal or dishonest activity that constitutes a breach of trust. However,
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Which of the following income and expense items is NOT recorded initially directly in equity?
A. The impairment of goodwill in accordance with IAS 36 Impairment of Assets, where the entity is confident that the factors giving rise to the impairment will reverse in a future period.
B. An increase in the fair values of land & buildings, where the revaluation method is used to account for land & buildings in accordance with IAS 16 Property, Plant & Equipment.
C. A change in the fair value of an investment in another entity, which is classified as an available-for-sale financial asset in accordance with IAS 39 Financial Instruments: Recognition & Measurement.
D. Foreign currency translation adjustments arising on the translation of a foreign operations financial statements from their functional currency in accordance with IAS 21 The Effects of Changes in Foreign Exchange Rates.
The income and expense items that is NOT recorded initially directly in equity is A. The impairment of goodwill in accordance with IAS 36 Impairment of Assets, where the entity is confident that the factors giving rise to the impairment will reverse in a future period.
What is equity?Equity can be regarded as the ownership interest in property which can be used in the offset by debts or other liabilities.
It should be noted that there are some of the income and expense items which is been recorded in this , this can be increase in the fair values of land & buildingsas well as others.
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Which of the following types of contracts does not fall within the statute of frauds? Select one: A. Contracts not performed within six months B. Contracts for the sale of goods totaling more than $500 C. Contracts for one party to pay the debt of another party if the initial party fails to pay D. Promises made in consideration of marriage E. Agreements related to an interest in land
Answer:
Correct Answer:
C. Contracts for one party to pay the debt of another party if the initial party fails to pay
Explanation:
In a business setting which exist between two parties, when there is a renegation of agreement between the parties involved by one person, then there is consequences. In a situation where the renegation of agreement was deliberate, then, fraud is said to have occurred.
Option C does not fall within the statue of fraud.
The type of contract that does not fall within the statute of fraud is when the one part agrees to pay the debt of another party.
The following are the situations where the fraud could have existed:
Contract not performed for six months. The sale of goods is more than $500.The promise is made for marriage. Agreements are to be done for land.Therefore we can conclude that the type of contract that does not fall within the statute of fraud is when the one part agrees to pay the debt of another party.
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4. True or False? Patchwriting is considered a form of plagiarism. (required) O True O False
The given statement " Patchwriting is considered a form of plagiarism." is True. Patchwriting is defined as copying or paraphrasing from a source text and then changing a few words or phrases while maintaining the overall structure and meaning of the original text.
While patchwriting may seem like a legitimate way of writing, it is still considered plagiarism because the writer is essentially using someone else's ideas and work without giving proper credit. This type of writing is a violation of academic integrity, which is why it is important for students to avoid patchwriting and instead use their own words to express their thoughts and ideas.
To avoid patchwriting, students can practice proper citation methods, such as citing sources and using quotation marks when using the exact words from a source text. Additionally, students can work on improving their paraphrasing skills, which involves using their own words to convey the same ideas as the original text without changing the meaning. By avoiding patchwriting, students can ensure that they are producing original and authentic work that is free from plagiarism.
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Sunland Corporation sells three different models of a mosquito “zapper.” Model A12 sells for $47 and has unit variable costs of $32.90. Model B22 sells for $94 and has unit variable costs of $65.80. Model C124 sells for $376 and has unit variable costs of $282. The sales mix (as a percentage of total units) of the three models is A12, 60%; B22, 15%; and C124, 25%.
If the company has fixed costs of $267,806, how many units of each model must the company sell in order to break even? (Round Per unit values to 2 decimal palces, e.g. 15.25 and final answers to 0 decimal places, e.g. 5,275.)
Answer:
A12 = 7,400 units * 60% = 4,440 units
B22 = 7,400 units * 15% = 1,110 units
C124 = 7,400 units * 25% = 1,850 units
7,400 units
Explanation:
Calculation of breakeven point :-
Total breakeven point :-
Total fixed costs / weighted average unit contribution margin
= $267,806 / $36.19
= 7,400 units
Model breakeven point :-
total breakeven point* sales mix
A12 = 7,400 units * 60% = 4,440 units
B22 = 7,400 units * 15% = 1,110 units
C124 = 7,400 units * 25% = 1,850 units
The weighted average contribution margin for Sunland Corporation's mosquito zapper models is 46.3%, calculated by taking the sales mix of each model into account. This figure indicates the proportion of each dollar of sales that contributes to covering fixed costs and generating profit.
The weighted average contribution margin is crucial for determining the company's profitability and making informed decisions about product mix and pricing strategies.
It reflects the overall efficiency of production and the ability to cover fixed expenses. By understanding the contribution margin for each model and their respective sales mix, Sunland Corporation can optimize its product offerings, focus on high-margin models, and allocate resources effectively to maximize profitability.
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Which of the following tips can help you engage the audience as you speak?
A. Budgeting time
B. Using notecards
C. Speaking quietly
D. Eye contact
Answer:
D. Eye Contact
Explanation:
The answer D. Eye contact because that is an essential thing to help you engage with your audience when you are doing a speech.
Answer:
D. eye contact
Explanation:
on edge
When is the advisable time to start building or adding to your own professional network?
Question 5 options:
a)
Upon graduation
b)
When you need a job
c)
Whenever you have time
d)
Right now
Answer:
A. Upon Graduation
Sam wants to earn $300 in 1 year at 3% interest rate. How much will he need to invest today
Answer:
3 mouth or 3 day
Explanation:
pa brainlish po
Identify two employment laws which might affect
easyJet plc's business activities.
Answer:
EasyJet Plc is the eighth largest airline in the world and the second biggest in Europe, . The business generated revenue per passenger of £58 compared with a cost per seat . The return on capital employed was just under 12% in 2017. regarding Brexit which might impact on both revenue and costs going forward.
Explanation:I dont have one
B. Matching Type. Match Column B with Column A
Answer:
B. Matching Type. Match Column B with Column A
1. Safety equipment ⇒ C. Must be worn.
2. Danger signs ⇒ D. Inflammable
3. Safety information ⇒ E. Warning Do not touch.
4. Caution signs ⇒ B. No Smoking
5. Serious injuries ⇒ A. First Aid
In the midst of closing procedures, Echo Corporation's accountant became ill and was hospitalized. You have volunteered to complete the closing of the books, and you find that all revenue and expense accounts have zero balances. The Dividends account has a debit balance of $18,750. The Retained Earnings accounts has a beginning credit balance of $134,000. Expenses totaled $325,500 and revenues totaled $364,400.
Prepare journal entries to complete the closing procedures as of year-end. To close the Dividends account.
Answer:
Revenues Dr $364,400
Income summary Cr $364,400
(Closing revenue accounts)
Income summary Dr $325,500
Expenses Cr $325,500
(Closing expense accounts)
Income summary Dr $38900
Retained earnings Cr $38900
(Transferring balance in income summary to retained earnings)
Dividends Dr $18,750
Retained earnings Cr $18,750
(Closing of dividends)
Onini, Inc. produces one product with two production levels: 20,000 units and 80,000 units. At each production level, Onini's per-unit costs for Costs A, B, and C are:
Cost A (per unit) Cost B (per unit) Cost C (per unit)
Production = 20,000 $12.00 $15.00
$20.00
Production = 80,000 $12.00 $11.25
$5.00
What type of cost is each?
A. Cost A is variable, Cost B is mixed, and Cost C is fixed.
B. Cost A is fixed, Cost B is variable, and Cost C is mixed
C. Cost A s variable, Cost B is fixed, and Cost C is mixed.
D. Cost A is fixed, Cost B is mixed, and Cost C is variable.
Answer:
A
Explanation:
Fixed costs are costs that do not vary with output. e,g, rent, mortgage payments
If production is zero or if production is a million, Mortgage payments do not change - it remains the same no matter the level of output.
Hourly wage costs and payments for production inputs are variable costs
Total fixed cost = 20,000 x 20 = 400,000
80,000 x 5 = 400,000
c is fixed cost
Variable costs are costs that vary with production
If a producer decides not to produce any output, there would be no need to hire labour and thus no need to pay hourly wages.
Variable cost is constant per unit produced. Thus A, is variable cost
Mixed cost is cost that combines fixed cost and variable cost
Risk is a necessary ‘evil’ evil’, support this assessment and give advice risk
managers on how to resolve the effects.
For a high-risk investment, managers require a high reward.
DUE SOON! AND SO CONFUSED ABOUT HOW TO FILL THIS OUT, PLEASE SOMEONE HELP ME
1. Control measures for working in a hot kitchen:
Provide adequate ventilation or air conditioning to maintain a comfortable temperature and reduce humidity levels.Use personal protective equipment (PPE) such as breathable clothing and hats to protect from direct sunlight and heat.Take frequent breaks in cool, shaded areas to help regulate body temperature.2. Control measures for working with damaged or ineffective tools on a construction site:
Conduct regular inspections of tools to identify any damage or wear and tear.Replace any damaged or ineffective tools immediately.Train workers on the proper use of tools and equipment to minimize the risk of accidents and injuries.What is control measure in Risk management?Risk control measures are actions taken in response to a risk factor that has the potential to cause workplace accidents or harm. Control measures can be designed to either reduce or eliminate risks, with the latter obviously being preferred.
Control measures are the safeguards put in place to protect employees from the risks and hazards that exist in the workplace. As a result, control measures are an essential component of risk assessments in organizations.
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Give me a good example of operation and management please.
Answer:
Answersendiri goblob is a great place to work for a well and very friendly and friendly and welcoming hotel you are welcome to join us and join us in the evening and join us in the following luxury hotels in North Wales . Because he can't afford to stay there for a few days and we are away for a few weeks and we have booked for another holiday in the next few months we will be staying at the hotel
A firm's average product tends to?
A firm's average product (AP) is the total output produced by the firm divided by the quantity of input used to produce it. In other words, it measures the average amount of output that can be produced with each unit of input.
What is tendency?
The tendency of a firm's average product will depend on the specific production process and the level of inputs used. Generally, when a firm first starts to increase its input of a particular factor of production (e.g. labor or capital), the average product of that factor will also increase up to a certain point. This is because the additional input is contributing more to the output than the previous unit of input.
However, as the level of input continues to increase, the average product of that factor will eventually start to decline.
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complete question:
What is the tendency of a firm's average product?
The brand changes form part of a strategic plan the group conceived in September last year called Ekuseni (the Zulu word for “dawn”)”
“Pick n Pay and its new CEO are taking the fight to competitors in a strategy..”
“Pick n Pay yesterday launched a new strategic plan…”
Evaluate the proposed strategy that Pick n Pay is planning to implement, including in your evaluation, the potential risks attached to the proposed new strategy
Pick n Pay's proposed strategy, known as Ekuseni, aims to implement changes in their brand and take the fight to competitors. The strategy, conceived in September last year, focuses on strategic planning and was launched recently. While the strategy holds potential for success, there are risks associated with its implementation.
1. Pick n Pay's proposed strategy, called Ekuseni, includes changes to their brand and a competitive approach to rivals. This strategic plan was conceived in September last year, with the term Ekuseni referring to "dawn" in Zulu.
2. The strategy aims to revamp the brand image and position Pick n Pay as a strong competitor in the market. By taking the fight to competitors, the company intends to gain a competitive edge and attract more customers.
3. The launch of the new strategic plan indicates that Pick n Pay is committed to implementing this strategy and achieving its goals. It demonstrates the company's intention to adapt and stay relevant in the evolving market.
4. However, like any strategic plan, there are potential risks associated with its implementation. These risks include customer resistance to changes in the brand, increased competition from rivals, and potential financial strains due to the cost of rebranding and marketing efforts.
5. Customer resistance is a common risk when brands undergo significant changes. If the proposed strategy doesn't resonate with Pick n Pay's target market, it could lead to a decline in customer loyalty and affect sales.
6. Additionally, taking the fight to competitors may trigger retaliatory actions from rival companies. This could result in intensified competition, price wars, and potential market share loss for Pick n Pay.
7. Finally, implementing a new strategic plan involves financial investments. The cost of rebranding, marketing campaigns, and operational changes may strain the company's resources, potentially impacting its financial stability.
In conclusion, while Pick n Pay's proposed strategy holds promise for the company's growth and competitiveness, there are risks involved. Proper planning, market research, and effective execution will be crucial to mitigating these risks and ensuring the success of the strategy.
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Cook Company processes and packages frozen seafood. The year just ended was Cook's first year of business and they are preparing financial statements. The immediate issue facing Cook is the treatment of the direct labor costs. Cook set a standard at the beginning of the year that allowed two hours of direct labor for each unit of output. The standard rate for direct labor is $27 per hour. During the year, Cook processed 60,000 units of seafood for the year, of which 4,800 units are in ending finished goods. (There are no work-in-process inventories). Cook used 123,500 hours of labor. Total direct labor costs paid by Cook for the year amounted to $3,087,500.
Required:
a. What was the direct labor price variance and the direct labor efficiency variance for the year?
b. Assume Cook writes off all variances to Cost of Goods Sold. Prepare the entries Cook would make to record and close out the variances.
c. Assume Cook prorates all variances to the appropriate accounts. Prepare the entries Cook would make to record and close out the variances.
Answer:
Cook Company
a. The direct labor price variance and the direct labor efficiency variance for the year:
Direct labor price variance = (Actual rate - Standard rate) * Actual hours
= $247,000 Favorable
Efficiency variance = (Actual hours - Standard hours) * Standard rate
= $94,500 Unfavorable
b. If all variances are written off to the Cost of Goods Sold:
Journal Entries:
Debit Work in Process $247,000
Credit Direct labor variance $247,000
To record the favorable direct labor price variance.
Debit Direct labor variance $94,500
Credit Work in Process $94,500
To record the unfavorable direct labor efficiency variance.
Debit Direct labor variance $152,500
Credit Cost of Goods Sold $152,500
To close the direct labor price variance.
c. The appropriate accounts are not indicated, though they should be Raw materials, Work in Process, and Cost of Goods Sold. However, the ratios are not given for prorating.
Explanation:
a) Data and Calculations:
Standard direct labor hours per unit = 2
Standard rate per direct labor hour = $27
Production units = 60,000
Ending Finished goods = 4,800
Cost of goods sold units = 55,200
Actual direct labor hours used = 123,500
Standard hours = 120,000 (2 * 60,000)
Actual direct labor costs = $3,087,500
Actual direct labor price = $25 ($3,087,500/123,500)
Standard direct labor costs = $3,240,000 (120,000 * $27)
a. The direct labor price variance and the direct labor efficiency variance for the year:
Direct labor price variance = (Actual rate - Standard rate) * Actual hours
= ($25 - $27) * 123,500
= $247,000 Favorable
Efficiency variance = (Actual hours - Standard hours) * Standard rate
= (123,500 - 120,000) * $27
= $94,500 Unfavorable
b. If all variances are written off to the Cost of Goods Sold:
Analysis of Journal Entries:
Work in Process $247,000 Direct labor variance $247,000
Direct labor variance $94,500 Work in Process $94,500
Direct labor variance $152,500 Cost of Goods Sold $152,500
($247,000 - $94,500)
The average starting salary for this year's graduates at a large university (LU) is $20,000 with
a standard deviation of $8,000. Furthermore, it is known that the starting salaries are normally
distributed.
a. What is the probability that a randomly selected LU graduate will have a starting salary
of at least $30,400? (3 marks)
b. What is the probability that a randomly selected LU graduate will have a salary of
exactly $30,400? (2 marks)
c. Individuals with starting salaries of less than $15600 receive a low income tax break.
What percentage of the graduates will receive the tax break? (2 marks)
d. If 189 of the recent graduates have salaries of at least $32240, how many students
graduated this year from this university? (3 marks)
Answer:
a) The probability that a randomly selected LU graduate will have a starting salary of at least $30,400 = P(x ≥ 30400) = 0.0968
b) The probability that a randomly selected LU graduate will have a salary of exactly $30,400 = 0.000021421
c) Percentage of students that will receive a tax break = 29.12%
d) Total Number of graduates this year = 3,000
Explanation:
This is a normal distribution problem with
Mean = μ = $20,000
Standard deviation = σ = $8,000
a) The probability that a randomly selected LU graduate will have a starting salary of at least $30,400 = P(x ≥ 30400)
We first normalize or standardize $30,400
The standardized score for any value is the value minus the mean then divided by the standard deviation.
z = (x - μ)/σ = (30400 - 20000)/8000 = 1.30
The required probability
P(x ≥ 30400) = P(z ≥ 1.30)
We'll use data from the normal probability table for these probabilities
P(x ≥ 30400) = P(z ≥ 1.30) = 1 - P(z < 1.30)
= 1 - 0.90320
= 0.0968
b) The probability that a randomly selected LU graduate will have a salary of exactly $30,400
Here, we will use the normal distribution formula. The normal distribution formula is presented in the attached image
P(X = x) = f(x) = [1 ÷ σ√(2π)] × e^(-0.5z²)
x = $30,400
σ = $8,000
z = 1.30
P(X = 30400) = f(30400) = 0.000021421
c) Individuals with starting salaries of less than $15600 receive a low income tax break.
What percentage of the graduates will receive the tax break?
Required probability = P(x < 15600)
We first normalize or standardize $15,600
z = (x - μ)/σ = (15600 - 20000)/8000 = -0.55
The required probability
P(x < 15600) = P(z < -0.55)
We'll use data from the normal probability table for these probabilities
P(x < 15600) = P(z < -0.55)
= 0.29116 = 29.116% = 29.12%
d) If 189 of the recent graduates have salaries of at least $32240, how many students
graduated this year from this university?
We first find the percentage of LU graduates with salaries more than $32240
Required probability = P(x ≥ 32240)
We first normalize or standardize $32,240
z = (x - μ)/σ = (32240 - 20000)/8000 = 1.53
The required probability
P(x ≥ 32240) = P(z ≥ 1.53)
We'll use data from the normal probability table for these probabilities
P(x ≥ 32240) = P(z ≥ 1.53) = 1 - P(z < 1.53)
= 1 - 0.93699
= 0.06301 = 6.301%
So, 6.301% of the graduates this year = 189
Total Number of graduates this year = (189/0.06301) = 2999.5 = 3000 graduates this year.
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When you are checking out at the grocery store, the machine asks whether you want to pay with your debit card or your credit card. You have both and more than enough money in your bank account to pay the bill. What is a disadvantage of paying with your credit card?
A. The money won't be taken from your bank account immediately.
B. You pay an extra fee to the grocery store if you use your credit card.
C. You will generally have several weeks to pay for what you've just bought.
D. You are running up debt whenever you use your credit card.
Answer: The most drawback is paying the interest. Which the answer is D
Explanation: Credit cards tend to charge high interest rates, which can drag you deeper and deeper in debt if you're not careful.
Jill's Job Shop buys two parts (Tegdiws and Widgets) for use in its production system from two different suppliers. The parts are needed throughout the entire 52-week year. Tegdiws are used at a relatively constant rate and are ordered whenever the remaining quantity drops to the reorder level. Widgets are ordered from a supplier who stops by every three weeks. Data for both products are as follows:
a. What is the inventory control system for Tegdiws? That is, what is the reorder quantity and what is the reorder point?
b. Find the total inventory costs if using inventory policy.
This is a case considering safety stock (make sure to use the right formulas)
Holding cost per unit per year is given as a percentage of item cost
Reorder point is the level of inventory that the firm holds in stock and when the inventory level reach this point, the firm must reorder the item.
How to represent the informationEconomic Order Quantity refers to the number of unit the company should add to the inventory and the order is made to minimize the total inventory cost. It maintains a balance between ordering costs and carrying costs.
EOQ act as a review inventory system to monitor the inventory level continuously and once the level reaches the reorder point, a fixed quantity of the order is placed. Thus EOQ helps in calculating reorder points and optimal reorder quantity to avoid a shortage of inventory.
A periodic review system also called a fixed interval to reorder system has four original economic order quantity assumptions: -
There are no restrictions on lot size.ordering cost and carrying costdemand should be independentThe lead time is constant.Read more about review inventory system here:
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You are appointed by the trade union to represent the members of the union on resolving disputes on discrimination involving salary. Explain ways that can be used to resolve the disputes.
As the appointed representative of the trade union in resolving disputes related to salary discrimination, there are several ways to address and resolve such issues. Collaboration, evidence-based discussions, and a commitment to equality are essential in resolving disputes related to salary discrimination effectively.
Negotiation and Mediation: Encourage open dialogue between the involved parties, including the affected employees, management, and relevant stakeholders. Engage in negotiation and mediation to explore potential solutions and reach a mutually agreeable resolution. This can involve discussing concerns, presenting evidence of salary disparities, and working towards a fair and equitable compensation structure.
Collect and Analyze Data: Gather comprehensive data on salaries, job roles, qualifications, and performance evaluations to identify any discriminatory patterns. Conduct a thorough analysis to determine if there are significant differences in pay between individuals based on protected characteristics (such as gender, race, or age). This data can serve as evidence in support of addressing the discriminatory salary practices.
Policy Review and Implementation: Review existing policies and procedures related to salary determination and promotion practices within the organization. Identify any gaps or biases that contribute to discrimination. Advocate for the development and implementation of fair and transparent policies that promote equal pay for equal work and provide guidelines for salary negotiations, evaluations, and promotions.
Legal Support: If informal resolution attempts are unsuccessful, seek legal assistance to address the salary discrimination issues. Consult with labor or employment lawyers who specialize in discrimination cases to explore legal options, including filing complaints with relevant authorities or pursuing litigation if warranted.
Awareness and Training: Promote awareness and education on issues of salary discrimination within the organization. Conduct workshops, training sessions, or seminars to educate employees and management about equal pay rights, anti-discrimination laws, and the importance of fair and unbiased salary practices. This can help foster a culture of inclusivity and equity within the workplace.
Monitor and Follow-Up: Regularly monitor and review salary practices and the implementation of agreed-upon resolutions. Ensure compliance with any newly established policies and continue to address any emerging issues or concerns promptly. Ongoing monitoring and follow-up are crucial to ensure sustainable changes and prevent future occurrences of salary discrimination.
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to estimate the growth rate of a particular stock, we can . multiple select question. use the historical dividend growth rate. use the average market dividend yield use the average bank's annual cd rate use security analysts' forecasts
Security analysts' estimates and the past dividend growth rate can both be used to estimate a stock's growth rate.
What exactly are dividends, exactly?A gift—cash or anything else—that a company gives to its stakeholders is known as a dividend. dividends are payments made in a number of different methods, such as stocks, money transfers, and other formats. A corporation's board of trustees must receive authorization before deciding on its dividend.
How are dividend payments made?The majority of employers choose to pay their particular . in addition in cash. These payments are often made using a check or an electronic wire transfer. As a kind of remuneration, some corporations may distribute tangible products, investment instruments, or real estate to its stockholders.
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1. Define consumption, Investment, and saving. 2. Currently the Ethiopia's Investment is not increasing. Please explain some of the major reasons for non increment if investment? 3. One of consumption theory is Modogliani's life cycle theory. Briefly explain the modogliani's life cycle hypothesis.
Consumption in economics is the use of goods and services by households. Consumption is distinct from consumption expenditure, which is the purchase of goods and services for use by households.
Investment is traditionally defined as the "commitment of resources to achieve later benefits". If an investment involves money, then it can be defined as a "commitment of money to receive more money later"
Saving is the process of setting aside a portion of current income for future use, or the flow of resources accumulated in this way over a given period. Savings may take the form of increases in bank deposits, purchases of securities, or increased cash holdings.
Factors affecting investment
1. Interest rates (the cost of borrowing)Economic growth (changes in demand)Confidence/expectations Technological developments (productivity of capital)Availability of finance from banksOthers (depreciation, wage costs, inflation, government policy)
The life-cycle hypothesis (LCH) is an economic theory that describes the spending and saving habits of people throughout a lifetime. The theory states that individuals seek to smooth consumption throughout their lifetime by borrowing when their income is low and saving when their income is high.
The concept was developed by economist Franco Modigliani and his student Richard Brumberg in the early 1950s.
Consumption will depend on
C= consumption
W = wealth
R = years until retirement. Remaining years of work
Y = income
T = remaining years of life
It suggests that for the whole economy, consumption will be a function of both wealth and income.
The implication is that if we have an aging population with more people in retirement, then wealth and savings in the economy will run out.
Before life-cycle theories, it was assumed that consumption was a function of income. For example, the Keynesian consumption function saw a more direct link between income and spending.
However, this failed to account for how consumption may vary depending on the position in the life cycle.
Criticisms of Life Cycle Theory
It assumes people run down wealth in old age, but often this doesn’t happen as people would like to pass on inherited wealth to children. Also, there can be an attachment to wealth and an unwillingness to run it down.People may lack the self-control to reduce spending now and save more for the future.Government means-tested benefits for old people may provide an incentive not to save because lower savings will lead to more social security payments.It assumes people are rational and forward-thinking. Behavioral economics suggests many people have motivations to avoid planning.The life cycle is easier for people on high incomes. They are more likely to have financial knowledge, and they also have the ‘luxury’ of being able to save. People on low incomes with high credit card debts may feel there is no disposable income to save.So, life cycle hypothesis people seek to maintain roughly the same level of consumption throughout their lifetimes by taking on debt or liquidating assets early and late in life (when their income is low) and saving during their prime earning years when their income is high.
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