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1 year ago

Choose all the scenarios below that would cause a decrease in the supply of labor in the agricultural industry.

Business

1 answer:

Alika [10]1 year ago

7 0

Answer:

b. As the population in the United States ages, fewer workers have the physical ability to work in the industry.
d. Due to global warming, working conditions on farms have become undesirable for more and more people.
e. The adoption of strict immigration laws reduces the number of legal and illegal immigrants in the United States.
h. New machinery is replacing workers in the harvesting of crops.

Explanation:

With workers getting older and being unable to be as productive as they used to be, they will have to drop out of industries that require physical strength including farming. This will therefore reduce people working in agriculture.

With global warming having made working in the fields much more harsh, people are avoiding careers that would keep them outdoors including farming which has led to a drop in the labor supply for agriculture.

A significant portion of workers in agriculture are immigrants so when immigration laws limit the number of immigrants coming in, labor supply in agriculture will reduce.

New machinery reduces the need for workers in agriculture so the more they are bought, the less workers are needed. This will therefore directly reduce the number of people working in agriculture.

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During the current year, Brewer Company acquired all of the outstanding common stock of miller Inc. paying $12,000,000 cash. The

Lesechka [4]

Answer:

See the explanation below:

Explanation:

The merged details are first sorted as follows:

Details Book Value ($) Fair Value ($)

Accounts receivable 1,800,000 1,625,000

Inventories 2,700,000 4,000,000

Property Plant and Equipment 9,000,000 11,625,000

Accounts payable 3,000,000 3,000,000

Bonds payable 4,500,000 4,125,000

The calculation will now be done using the fair value as follows:

Total fair value of assets = $1,625,000 + 4,000,000 + 11,625,000 = $17,250,000

Total fair value of liabilities = $3,000,000 + 4,125,000 = $7,125,000

Fair Value of Miller Inc. Equity = $17,250,000 - $7,125,000 = $10,125,000

Goodwill from the acquisition = $12,000,000 - $10,125,000 = $1,875,000

The journal entries will look as follows:

<u>Details Dr ($) Cr ($) </u>

Goodwill 1,875,000

Miller Inc. Equity acquired 10,125,000

Cash 12,000,000

<u>To record the acquisition Miller Inc. </u>

7 0

2 years ago

If inflation is higher than what was expected, Select one: a. debtors receive a higher real interest rate than they had anticipa

Marianna [84]

Answer:

The correct option is B

Explanation:

Inflation is the measure which is quantitative in nature as the rate at which the average level of price of the selected goods and services in the economy rises over the year or time period.

It is stated or expressed in terms of percentage, because it indicates or explains the decrease or fall in the purchasing power of currency of the nation.

So, if the inflation is higher than what is expected, then the creditors who invested their money, will receive lower rate of interest then they anticipated as their is decrease of fall in the currency of the nation.

7 0

2 years ago

Wilson is offered a job in Kansas City that pays $50,000 and a job in Dallas that pays $60,000. Which pair of CPIs would ensure

Svetradugi [14.3K]

Answer:

option C is correct CPI in Kansas City is 125 and in Dallas is 150.

Explanation:

given data

Kansas City pays = $50,000

Dallas that pays = $60,000

solution

we know that CPI base year is always = 100

first we get here real salary value in Kansas City that is express as

Real Value = Salary in Kansas City × (CPI base year ÷ CPI current year) ..........1

put her value we get

Real Value = $50,000 × $\frac{100}{125}$

Real Value = $40000

and now we get here real salary value in Dallas that is express as

Real Value = Salary in Dallas City × (CPI base year ÷ CPI current year) ..........2

put her value we get

Real Value = $60,000 × $\frac{100}{150}$

Real Value = $40000

so now we can see that both value is same in both city with CPI Kansas City = 125 and CPI Dallas = 150

so here correct option is c. 125 in Kansas City and 150 in Dallas

4 0

2 years ago

QUESTION 11 Given the following information, calculate the equity dividend rate for this investment: first-year NOI: $18,750; be

Alja [10]

Answer: D. 2.2%

Explanation: Equity Dividend Rate is calculated by dividing the Before Tax Cash Flow by the Acquisition price. If you need the answer in percentage form, you then multiply by 100.

Here, before-tax cash flow = $11,440

Acquisition price = $520,000

So Equity Dividend Rate = $\frac{11440}{520000}$ X 100

Equity Dividend Rate = 2.2%

In this question, you do not need the Net Operating Income (NOI). You only need the NOI if the Before Tax Cash Flow is not given and the debt service payment is. If this is the case, you subtract the debt service payment from the NOI to get the Before Tax Cash Flow.

4 0

2 years ago

You are the marketing analyst for Better Beans Coffee Company, which has nine stores nationwide. The company wants to build two

yaroslaw [1]

Question Completion:

Existing Store Revenue 2nd Store Cannibalization Revenue Net Revenue

Revenue Estimate Drop Increase for

Market

Los Angeles 1,450,000 1,570,000 10% 145,000 1,425,000

Houston 1,400,000 1,475,000 25% 350,000 1,125,000

Orlando 2,100,000 2,155,000 30% 630,000 1,525,000

Atlanta 1,600,000 1,780,000 55% 880,000 900,000

Chicago 1,950,000 1,730,000 40% 780,000 950,000

San Diego 3,400,000 3,090,000 10% 340,000 2,750,000

Portant 1,000,000 1,075,000 25% 250,000 825,000

Dallas 2,000,000 1,850,000 60% 1,200,000 650,000

Boston 2,300,000 2,200,000 50% 1,150,000 1,050,000

1. Ignoring cannibalization rates for now, what two markets have the highest net revenue increases when adding a second store?

San Diego and Orlando

Atlanta and Dallas

Orlando and Dallas

San Diego and Portland

Dallas and Portland

2. What two markets should be chosen for a second store based on management's criteria that the cannibalization rate for the existing store should be less than 30%

Note: Cannibalization rates and net revenue increase amounts need to be considered when making this determination.

San Diego and Orlando

San Diego and Los Angeles

Chicago and Los Angeles

Chicago and Portland

San Diego and Portland

Answer:

Better Beans Coffee Company

1. San Diego's $2,750,000 and Orlando's $1,525,000 presented the highest net revenue increases when adding a second store.

2. Based on management's criteria that the cannibalization rate for the existing store should be less than 30%, San Diego with 10% and Los with 10% Cannibalization rates should be chosen.

Explanation:

Cannibalization Rate is a measure of the impact of new products or the presence of new stores on sales revenue for existing products or stores. Cannibalization happens when a business, like the Better Beans Coffee Company, opens a new store in a town where there is an existing store. It can also happen when Better Beans releases new coffee products. Consumers' attention and demand for existing products can decrease, as a switch to new products or new stores takes place.

4 0

2 years ago