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1 year ago

At its height, what percentage of american workers were employed in an automotive-related industry?

2 answers:

7 0

The percentage of American workers that were classified as employed in the industry that is automotive-related is only 20%. There were only 2 out 10 Americans who are working on this job. Automotive jobs cover auto dealerships, and manufacturing plants.

Luda [366]1 year ago

6 0

Answer:

The percentage of American workers are 20 percent

Explanation:

The Automotive industry deals with the manufacture, repairs and maintenance of automobiles of all type and shapes. in this ind of industry the workers needed are usually highly skilled workers who can assemble and maintain automobiles Engines, the electrical section of the Automobile and also the other mechanical parts that make up the automobile.

At the height of the Automotive industry about 20 % of American workers were directly or indirectly employed to work in this industry in one way or the other although the percentage was reasonable but didn't encompass the vast majority of American workers because of the level of skills required by the industry.

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Last year a certain bond with a face value of $5,000 yielded 8 percent of its face value in interest. If that interest was appro

Katen [24]

Answer:

bond's selling price is $6154

Explanation:

given data

face value = $5,000

interest = 8 % of face value

rate = 6.5 %

to find out

bond's selling price

solution

we find interest that is

interest = 8 % of face value

interest = 8 % × 5000

interest = 400

so we consider bond selling price is x

bond selling equation will be

interest = rate × bond selling price

400 = 0.065 × x

x = 6154

so bond's selling price is $6154

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1 year ago

Hunt Company purchased factory equipment with an invoice price of $90,000. Other costs incurred were freight costs, $1,100; inst

saul85 [17]

Answer:

Acquisition cost of the Equipment = $94,000

Double declining depreciation rate = 25%

Explanation:

a. The computation of the acquisition cost of the equipment is shown below:-

Acquisition cost of the Equipment = Invoice cost + Freight costs + Installation wiring and foundation + Material and labor costs used in testing

= $90,000 + $1,100 + $2,200 + $700

= $94,000

b. The computation of double declining depreciation rate is here below:-

Double declining depreciation rate = 1 ÷ Depreciation life × Times

= 1 ÷ 8 × 2

= 0.125 × 2

= 0.25

= 25%

8 0

1 year ago

Rough Stuff makes 2 products: khaki shorts and khaki pants for men. Each product passes through the cutting machine area, which

ozzi

Answer:

$8,000

Explanation:

khaki shorts khaki pants

machine minutes per unit 15 24

contribution margin per unit $16 $32

CM per machine minute $1.067 $1.33

minimum demand 3,000 3,000

machine minutes required 45,000 72,000

total machine minutes available 288,000

total machine minutes remaining 171,000

production 0 7,125

total production 3,000 10,125

total contribution margin $48,000 $324,000

if 100 more machines hours are added, then production time increases by 6,000 minutes which can be used to produce 250 more khaki pants. Contribution margin will increase by 250 x $32 = $8,000

I calculated contribution margin per minute, but you could also calculate contribution margin per hour to determine which product is more profitable. Contribution margin per hour for shorts = $64, and for pants = $80. The answer will not change.

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1 year ago

The business judgment rule is important because it reflects the principle that ________, not _________, have the greatest latitu

Shalnov [3]

Answer: d. company directors; shareholders

Explanation: The conduction and management of a business usually involve making controversial decisions or taking actions that might put the business at risk. In a general sense, greater profits calls for greater risks. As such, the business judgement rule states that the board of directors should be allowed to make such decisions without fear of prosecution by shareholders who might object while acknowledging that managers are not capable of making optimal decisions at all times. The rule therefore aid in protecting a business's board of directors from slight legal allegations about the conduct of business. It is thus important because it reflects the principle that company directors, not shareholders, have the greatest latitude to run companies.

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1 year ago

What cultural shift lead to the rise in popularity of Whole Foods?

WITCHER [35]

Answer:

The spike in the number of people who wanted to eat healthier.

Explanation:

Whole Foods is aimed at selling the most high-quality organic products. Organic is allegedly healthier than regular food (since they are required not to use chemicals to treat them), and this helped Whole Foods when the "eat healthier" fad came around in the US and other countries.

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1 year ago