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2 years ago

According to the National Association of Colleges and Employers, the average starting salary for Chemical

Business

1 answer:

prisoha [69]2 years ago

4 0

Answer:

Explanation:

When we have more students that enjoy studying history than enjoy studying math and science needed to get a degree in Chemical engineering , this will lead to a large no of history graduates in the labor market making the availability of chemical engineers graduate to be fewer and the demand for it higher.

This in effect cause a higher income for the chemical engineers as they become more of a scarce resources compared to history despite the students spending the same number of years to graduate in the college.

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As the new general manager of a regional cable service, Joe is studying the formal configuration of groups and individuals in re

Brums [2.3K]

Administrative restructuring; done at managerial level for effective decision making and delegation of power down the order.

 Explanation: 

According to the narration given in the above statement the general manager is of the view that too much layer of manager will hamper the decision making and effective delegation of work.

So, after a detailed study of manager’s role and responsibility at the level he decided to downsize the structure from 10 managers to 3 managers who will report to him for making effective decisions.

He has delegated power to the new managers and by doing so it has reduced the burden of the Joe. By doing this the organisation objectives and goals can be met at the targeted time.

8 0

1 year ago

For the most recent year, Camargo, Inc., had sales of $546,000, cost of goods sold of $244,410, depreciation expense of $61,900,

weqwewe [10]

Answer:

Explanation:

As we know that time interest earned ratio = Income before interest and taxes / interest expense.

Sales = 546000

less: cost of goods sold = (244410)

Gross profit 301590

Less: expenses

Depreciation expense =( 61900 )

Profit before interest and taxes 239690

Less: tax

(239690 * 23%) = (55128)

Profit 184562

Profit - Retained earning Addition = Interest

184562 - 74300 = 110262.

Interest earned ratio = 239690 / 110262 = 2.17 times

3 0

2 years ago

Gomez runs a small pottery firm. He hires one helper at $13,000 per year, pays annual rent of $5,500 for his shop, and spends $2

alisha [4.7K]

Answer:

(a) $35,000

(b) $8,000

Explanation:

(a) Accounting profit:

= Total revenue - Explicit cost

= $75,000 - (wages + Annual rent + Material cost)

= $75,000 - ($13,000 + $5,500 + $21,500)

= $75,000 - $40,000

= $35,000

(b) Economic Profit:

= Total revenue - Explicit costs - Implicit costs

= $75,000 - (wages + Annual rent + Material cost) - (Income from investment + Earnings as a potter + Worth of entrepreneurial talents)

= $75,000 - ($13,000 + $5,500 + $21,500) - ($5,500 + $19,000 + $2,500)

= $75,000 - $40,000 - $27,000

= $8,000

8 0

2 years ago

g A project has an initial cost of $6,900. The cash inflows are $850, $2,400, $3,100, and $4,100 over the next four years, respe

statuscvo [17]

Answer:

It will take 3.13 years to recover the initial investment.

Explanation:

Giving the following information:

A project has an initial cost of $6,900. The cash inflows are $850, $2,400, $3,100, and $4,100 over the next four years.

The payback is the time required to cover for the initial investment.

Year 1= 850 - 6,900= - 6,050

Year 2= 2,400 - 6,050= - 3,650

Year 3= 3,100 - 3,650= - 550

Year 4= 4,100 - 550= 3,550

To be more accurate:

(550/4,100)= 0.13

It will take 3.13 years to recover the initial investment.

6 0

2 years ago

If a company wanted to quickly identify which employees speak spanish, what would be the best way to do this?

lina2011 [118]

The best way to do this would be have a section in the application for the job in question that asks applicants to list all fluent languages. This way it is easy to tell when a person is able to speak a different language, like spanish, and when the potential employee is not bilingual.
Hope this helps you.

5 0

2 years ago