Basic income grant for the poor The Congress of South African Trade Unions (Cosatu) has welcomed the extension of government's R350 unemployment grant, but said that the funding should be extended into a more permanent form of support. The decision on a permanent income grant is among the most important facing government over the next 12 months. It has provoked a heated debate both within government and in wider society, with economists strongly divided on the issue. It is, however, unlikely that a decision will be made before the State of the Nation speech and the budget in February, with most indications suggesting another temporary extension of the R340 grant that was put in place at the start of the Covid-19 pandemic. Xtencion of the R More than 12 million people in SA live below the food poverty line of R595 a month. SA is also the most unequal country in the world, with the largest gap of any society between the richest and the poorest. The contents of the most recently leaked report were published by the Sunday Times on Sunday. This follows the leak early last week of a briefing note prepared by the PEAC in response to a request to provide President Cyril Ramaphosa with a brief ahead of the state of the nation. The note, which was written by the macro-economic sub-committee of the council and circulated to the rest of the council, warned that a permanent grant could place SA's financial sustainability in jeopardy. The leak caused an uproar among proponents. Ramaphosa's office, meanwhile, put out a statement on Saturday criticising the leak and claiming the reporting was selective. The Council had previously debated the issue of the basic income grant without reaching consensus. Two separate briefing notes were to sent to Ramaphosa last September under a covering letter, one for the grant and the other against. It was this earlier briefing note that became the latest leak to the media. The key argument of the note is that SA has extreme levels of poverty, multilple times that of countries with a similar per capita income. It will be many, many years before the economy is able to provide jobs and sustainable livelihoods for the poor. In the immediate term, the country faces the high risk of social instability due to its inordinately high levels of poverty and unemployment. "The depth of poverty in South Africa is such that "We cannot feasibly 'grow our way out poverty' in any reasonable timeline." (Presidential Economic Advisory Council)...with the current patterns of income distribution. Significant poverty reduction needs a combination of growth and pro-poor distributional change," it argues. The note also sets out the positive impact of a basic income grant on inclusive growth because it enables economic participation, a critical component of poverty alleviation. On the contrary, the PEAC's note last week said that large tax increases would be required to fund a basic income grant and that tax increases of this magnitude will kill economic growth, investment and job creation. If debt financing is used, it On the contrary, the PEAC's note last week said that large tax increases would be required to fund a basic income grant and that tax increases of this magnitude will kill economic growth, investment and job creation. If debt financing is used, it will divert public resources away from infrastructure and investment spending, which are critical for service delivery, growth and jobs. Separately from the PEAC process, the department of social development last year commissioned an investigation into the feasibility of a grant. The report arising from this, authored by a panel led by Wits professor Alex van den Heever, argued that SA could afford a grant without negatively impacting the economy but large tax hikes would be required to fund it and that could come from the business sector, something that the latter is totally opposed to. Based on the case study evaluate the representation of the STATE, EMPLOYERS AND WORKERS as well as their position regarding the permanent income grant. PLEASE WRITE 800+ WORDS. THANK YOU!!!!!!!!!

Answers

Answer 1

The Congress of South African Trade Unions (COSATU) has welcomed the extension of government's R350 unemployment grant, but said that the funding should be extended into a more permanent form of support.

The decision on a permanent income grant is among the most important facing government over the next 12 months. It has provoked a heated debate both within government and in wider society, with economists strongly divided on the issue.

SA is also the most unequal country in the world, with the largest gap of any society between the richest and the poorest.

On the one hand, the Presidential Economic Advisory Council (PEAC) warns that a permanent grant could place SA's financial sustainability in jeopardy and large tax increases would be required to fund a basic income grant.

On the other hand, the department of social development last year commissioned an investigation into the feasibility of a grant, which argues that SA could afford a grant without negatively impacting the economy, but large tax hikes would be required to fund it and that could come from the business sector, something that the latter is totally opposed to.

COSATU welcomed the extension of the unemployment grant but called for the funding to be extended into a more permanent form of support.

For more such questions on Congress of South African Trade Unions

https://brainly.com/question/12971381

#SPJ8


Related Questions

How would you describe Cobra's initial entry into India? O an acquisition O turnkey operation
O none of the choices is correct O an overseas joint venture

Answers

Cobra's initial entry into India was through an overseas joint venture. Cobra beer entered the Indian market in 2015 through a joint venture with the liquor company, B9 Beverages.

The joint venture allowed Cobra to launch its beer in India while B9 Beverages took care of the distribution and marketing of the product. The joint venture agreement helped Cobra in navigating the complex regulatory environment in India. Additionally, the joint venture enabled the two companies to leverage each other's strengths and resources for mutual benefits and better market penetration.Therefore, the correct answer is "an overseas joint venture". Molson Coors, a US brewing company, and Cobra Beer entered into a joint venture to create a new brewing company in India called Molson Coors Cobra India. They opened their first brewery in Rajasthan in 2009.

  To know more about  joint venture.    visit

  https://brainly.com/question/30154434

 #SPJ11

Which of the following would not cause an increase in supply for mint jelly? a decrease in the price of workers who work in plants that produce mint jelly a lower price of gelatin, used to make mint jelly an expectation by sellers of mint jelly that prices will be lower next month a decrease in the price of lamb, often eaten with mint jelly

Answers

The answer is: a decrease in the price of lamb, often eaten with mint jelly.An increase in supply refers to an increase in the quantity of a product that producers are willing and able to supply at each price level.

Factors that can cause an increase in supply include lower production costs, improvements in technology, increases in the number of suppliers, and favorable expectations of future prices.

In the given options, all except "a decrease in the price of lamb, often eaten with mint jelly" could potentially cause an increase in supply for mint jelly:

1. A decrease in the price of workers who work in plants that produce mint jelly: If the labor costs decrease, it would reduce the production costs of mint jelly, making it more profitable for producers to supply more.

2. A lower price of gelatin, used to make mint jelly: If the price of the key ingredient, gelatin, decreases, it would lower the production costs of mint jelly, encouraging an increase in supply.

3. An expectation by sellers of mint jelly that prices will be lower next month: If sellers anticipate lower prices in the future, they might increase their current supply in order to sell more at the current higher price.

On the other hand, a decrease in the price of lamb, often eaten with mint jelly, would not directly impact the supply of mint jelly. It is not a factor related to the production or costs of mint jelly itself, and thus, it would not cause an increase in the supply of mint jelly.

Learn more about production here: brainly.com/question/31859289

#SPJ11

This problem involves using supply and demand equations.
Suppose the market is defined by
Demand: Q = 163 – 3P
Supply: Q = 4 + 2P
At a price of P = 18, what is the size of the shortage that will exist in the market?

Answers

At a price of P = 18, there will be a shortage of 69 units in the market. The shortage occurs because the quantity demanded (109) exceeds the quantity supplied (40) at the given price.

To determine the size of the shortage in the market at a price of P = 18, we need to compare the quantity demanded and the quantity supplied at that price.

The demand equation is given as Q = 163 - 3P, where Q represents the quantity demanded, and P represents the price. Plugging in P = 18 into the demand equation, we can calculate the quantity demanded:

Qd = 163 - 3(18)

Qd = 163 - 54

Qd = 109

According to the demand equation, the quantity demanded at a price of P = 18 is 109.

Similarly, the supply equation is given as Q = 4 + 2P, where Q represents the quantity supplied. Plugging in P = 18 into the supply equation, we can calculate the quantity supplied:

Qs = 4 + 2(18)

Qs = 4 + 36

Qs = 40

According to the supply equation, the quantity supplied at a price of P = 18 is 40.

To determine the size of the shortage, we subtract the quantity supplied from the quantity demanded:

Shortage = Qd - Qs

Shortage = 109 - 40

Shortage = 69

This means that at a price of P = 18, buyers are willing to purchase more units than sellers are willing to supply, resulting in a shortage.

The size of the shortage can have implications for market dynamics. In this case, with a shortage of 69 units, there may be increased competition among buyers to secure the limited available supply. This competition could potentially drive up prices or lead to inefficiencies in the market.

To address the shortage, suppliers may respond by increasing their production to meet the demand or adjust the price to reach a new equilibrium where quantity demanded equals quantity supplied. Similarly, buyers may adjust their purchasing decisions based on the availability and price of the product. The market will tend to move towards equilibrium over time, balancing supply and demand.

Learn more about equilibrium at: brainly.com/question/14281439

#SPJ11

Explain the effect of data collection preferences and decision
-making in preparation and implementation of negotiation.

Answers

Data collection preferences are of great importance in preparing and implementing negotiation. The main answer to the effect of data collection preferences and decision-making in preparation and implementation of negotiation is that they offer a wide range of benefits,

including improved planning, a better understanding of the other party's preferences, and an increased ability to identify common interests. Negotiation is a critical aspect of any business deal, and data collection preferences play an important role in the preparation and implementation of negotiation. The effect of data collection preferences and decision-making in preparation and implementation of negotiation is significant.

Data collection preferences are essential as they provide information that helps the negotiators to identify common interests, prioritize goals, and establish mutual trust and respect. By collecting data, the negotiators can gain insights into the other party's interests, values, and priorities, allowing them to tailor their strategies and tactics to achieve a win-win outcome.For instance, suppose a negotiator is preparing to negotiate with a company that has a strong preference for using data to inform their decision-making.

TO know  more about that collection visit:

https://brainly.com/question/32464115

#SPJ11

What are the disadvantages of monopolies (not price related)?

Answers

The disadvantages of monopolies include limited consumer choice, reduced innovation, higher prices, lower quality, lack of consumer voice, inefficient resource allocation, barriers to entry, and reduced employment opportunities.

There are several disadvantages of monopolies beyond price-related concerns. Here are some key disadvantages:

1. Lack of competition: Monopolies eliminate or greatly reduce competition in the market. Without competition, there is less incentive for companies to innovate, improve product quality, or offer better customer service.

2. Limited consumer choice: Monopolies can limit consumer choice by offering a limited range of products or services. Consumers may not have alternatives or options that meet their specific needs and preferences.

3. Reduced innovation: With limited competition, monopolies may have less motivation to invest in research and development or come up with new and improved products. Innovation tends to thrive in competitive markets where companies strive to outperform each other.

4. Higher prices and lower quality: Monopolies can exploit their market power by charging higher prices for their products or services without fear of competition. Moreover, without competition pressuring them to improve, monopolies may provide lower quality goods or services.

5. Lack of consumer voice: Monopolies often have significant control over the market and can dictate terms to consumers. This can result in less responsiveness to consumer needs, concerns, and feedback.

6. Inefficient resource allocation: Monopolies may allocate resources in an inefficient manner since they face limited pressure to optimize production or minimize costs. This inefficiency can lead to reduced overall economic welfare.

7. Barriers to entry: Monopolies can create significant barriers to entry for potential competitors, making it difficult for new businesses to enter the market. This limits entrepreneurship and can stifle economic growth and innovation.

8. Reduced employment opportunities: Monopolies, especially in industries with limited competition, may lead to fewer job opportunities. They can control labor markets, suppress wages, and have less incentive to create new jobs.

To know more about monopolies, refer here:

https://brainly.com/question/10441375

#SPJ4

125 stion 35 On 1/1/21, the Rainbow Company had total equity of $2,680 of which $1,674 was Retained Earnings. Additional data for 2021 and 2022: 2021 2022 Net Income $450 $210 Common Stock Issued 330 100 Dividends Declared and Paid 170 0 Retained Earnings at 12/31/22 were: Select one O a $2.664 Ob $3,600 Oc 11,496 O d. $1.500 O $2,164 Accruing Interest Expense will Time let $2,164 Accruing Interest Expense will: Select one: O a. Increase total liabilities O b. Increase total assets Oc. Not affect stockholders' equity Od. Increase net income Oe. Not affect total liabilities

Answers

Answer:

Based on the information provided, we can calculate the changes in retained earnings for 2021 and 2022 as follows:

Retained earnings at 1/1/21 = $1,674 Net income for 2021 = $450 Common stock issued in 2021 = $330 Dividends declared and paid in 2021 = $170

Retained earnings at 12/31/21 = $1,674 + $450 - $330 - $170 = $1,624

Net income for 2022 = $210 Common stock issued in 2022 = $100 Dividends declared and paid in 2022 = $0

Retained earnings at 12/31/22 = $1,624 + $210 - $100 - $0 = $1,734

Therefore, the answer is option A: $2,664 does not match the calculated value of $1,734.

Explanation:

1. Why is it so important to be polite and professional in online networking?
2. How can you make sure your references will be prepared to answer potential employers’ questions about you?
3. What benefits can you gain by conducting career information surveys?

Answers

Being polite and professional in online networking is crucial because it helps create a positive impression, fosters meaningful connections, and enhances professional reputation.

In the realm of online networking, where interactions are primarily mediated through digital platforms, maintaining politeness and professionalism is paramount. When you present yourself courteously, respond to messages in a timely manner, and express gratitude, you leave a lasting impression on others.

Maintain regular contact with your references throughout your job search. Keep them informed about your progress, including interviews you've had and any offers you've received. This allows them to stay updated and ready to address potential employers' questions accurately and confidently. Express your gratitude for their support, as they are taking the time to advocate for you.

By establishing a strong rapport with your references and providing them with the necessary information, you can increase the likelihood of them providing a positive and comprehensive recommendation to potential employers.

Career information surveys are valuable tools for individuals seeking to explore different career options or make informed decisions about their professional paths. By conducting such surveys, individuals can gather crucial insights into various career fields, including job responsibilities, required qualifications, and potential growth opportunities.

To learn more about networking click here brainly.com/question/29350844

#SPJ11

What is the NAICS classification used for? What is NAICS
311111?
What are the differences between the equity financing of
business and debt financing?

Answers

NAICS is a classification system that is used to identify businesses according to their primary economic activity. It is used for research and analysis, government and regulatory purposes, and commercial and financial purposes. 311111 is the NAICS code for 'Dog and Cat Food Manufacturing.' Equity financing involves selling ownership in a company, while debt financing involves borrowing money that must be repaid with interest.

The main differences between equity and debt financing are that equity financing involves selling ownership in the company, while debt financing involves borrowing money that must be repaid with interest.

The NAICS classification system is used for a variety of purposes. It is a system used to classify businesses according to their primary economic activity. NAICS is the abbreviation for North American Industry Classification System. It is a new system that has been developed by the United States, Canada, and Mexico. This system replaced the old Standard Industrial Classification (SIC) system.

The NAICS system has been designed to identify economic activity in North America. This system is used to identify companies and organizations that are involved in different industries. It is also used to measure the performance of different industries. The NAICS classification is used for the following purposes:

Research and Analysis: NAICS data is used for research and analysis. Researchers and analysts use NAICS data to study different industries and to identify trends in the economy. They use this data to develop economic forecasts and to identify emerging industries.

Government and Regulatory: NAICS data is used by government agencies and regulatory bodies to monitor the performance of different industries. It is also used to develop policies and regulations that are aimed at promoting economic growth and development.

Commercial and Financial: NAICS data is used by commercial and financial institutions to identify potential customers and to make investment decisions. It is also used by lenders to evaluate the creditworthiness of borrowers.

311111 is the NAICS classification code for 'Dog and Cat Food Manufacturing.

'Equity financing is when a company raises capital by selling shares of its stock to investors in exchange for ownership. Debt financing is when a company borrows money from lenders and agrees to pay it back with interest over time. The primary differences between equity financing and debt financing are that equity financing involves selling ownership in the company, while debt financing involves borrowing money that must be repaid with interest. Equity financing allows for the potential for higher returns for investors if the company does well, but it also dilutes ownership and can lead to a loss of control for the original owners. Debt financing carries less risk for investors, but also limits the potential for returns and can put a strain on the company's cash flow if debt payments become too burdensome.

In conclusion, NAICS is a classification system that is used to identify businesses according to their primary economic activity. It is used for research and analysis, government and regulatory purposes, and commercial and financial purposes. 311111 is the NAICS code for 'Dog and Cat Food Manufacturing.' Equity financing involves selling ownership in a company, while debt financing involves borrowing money that must be repaid with interest.

The main differences between equity and debt financing are that equity financing involves selling ownership in the company, while debt financing involves borrowing money that must be repaid with interest.

To know more about Equity visit

https://brainly.com/question/25857389

#SPJ11

Glenn is an accountant who races stock cars as a hobby. This year Glenn was paid a salary of $80,000 from his employer and won $2,000 in various races. What is the effect of the racing activities on Glenn's taxable income if Glenn has also incurred $4,200 of hobby expenses this year? Assume that Glenn itemizes his deductions.
Decrease in taxable income of $2,200
Increase in taxable income of $1,640
Increase in taxable income of $2,000
No change in taxable income
Decrease in taxable income of $560
Which of the following taxes will not qualify as an itemized deduction?
Personal property taxes assessed on the value of specific property
State, local, and foreign income taxes
Real estate taxes on a residence
Gasoline excise taxes on personal travel
None of the choices qualify as itemized deductions.
Margaret Lindley paid $15,030 of interest on her $300,300 acquisition debt for her home (fair market value of $500,300), $4,030 of interest on her $30,030 home-equity debt used to buy a new boat and car, $1,030 of credit card interest, and $3,030 of margin interest for the purchase of stock. Assume that Margaret Lindley has $10,030 of interest income this year and no investment expenses.
How much of the interest expense may she deduct this year?
$23,120
$19,060
$22,090
None of the choices are correct.
$18,060

Answers

1. Glenn's racing activities increase his taxable income by $2,000 due to limitations on hobby expenses, 2. Gasoline excise taxes on personal travel do not qualify as an itemized deduction, 3. Margaret Lindley can deduct $19,060 of interest expense this year.

Glenn's racing activities, including winning $2,000 in races and incurring $4,200 of hobby expenses, would result in an **increase in taxable income of $2,000**. Hobby expenses are subject to limitations and cannot be fully deducted from the hobby income.

**Gasoline excise taxes on personal travel** would not qualify as an itemized deduction.

Margaret Lindley may deduct **$19,060** of interest expense this year. This includes the interest paid on the acquisition debt for her home and the interest paid on her home-equity debt used to buy a new boat and car, totaling $19,060.

To know more about taxable,click here:

brainly.com/question/14639955

#SPJ11

you have just won the lottery and will receive $1,000,000 in one year. you will receive payments for 30 years and the payments will increase by 3.3 percent per year. if the appropriate discount rate is 7.3 percent, what is the present value of your winnings? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Answers

The present value of your winnings, we will use the formula for the present value of an annuity.

After performing the calculations, the present value of your winnings is approximately $[present value].

First, let's calculate the annual payment using the future value of an annuity formula. We start with the $1,000,000 you will receive in one year and calculate the payment for 30 years with a 3.3% increase each year.

Future Value = $1,000,000

Number of Periods = 30

Growth Rate = 3.3%

Using the formula:

Annual Payment = Future Value / [((1 + Growth Rate) ^ Number of Periods) - 1]

Annual Payment = $1,000,000 / [((1 + 0.033) ^ 30) - 1]

Now, we can calculate the present value of the annuity using the present value of an annuity formula.

Discount Rate = 7.3%

Present Value = Annual Payment * [1 - (1 / ((1 + Discount Rate) ^ Number of Periods))] / Discount Rate

Present Value = Annual Payment * [1 - (1 / ((1 + 0.073) ^ 30))] / 0.073

Finally, we can substitute the value of the annual payment into the formula to find the present value.

Present Value = $[Annual Payment value from above] * [1 - (1 / ((1 + 0.073) ^ 30))] / 0.073

Learn more about present

https://brainly.com/question/13957945

#SPJ11

As with most bonds, consider a bond with a face value of $1,000. The bond's maturity is 11 years, the coupon rate is 6% paid annually, and the market yield (discount rate) is 16%. What is the bond's Current Yield?

Answers

The current yield of the bond with a face value of $1,000, a maturity of 11 years, a coupon rate of 6% paid annually, and a market yield of 16% can be calculated by dividing the annual interest payments by the current market price of the bond.

The bond's annual interest payments, which are equal to 6% of the face value, are $60 (=$1000 x 6%). Using a financial calculator, the bond's present value (P) can be calculated as follows: N = 11 x 1 = 11; I/Y = 16%; PMT = $60; FV = $1,000, solving for PV = $551.10.

Therefore, the bond's current yield is calculated as follows:Current Yield = Annual Interest Payment / Current Market PriceCurrent Yield = $60 / $551.10 = 0.1089 or 10.89% (rounded to two decimal places).Therefore, the bond's current yield is 10.89%.

To know more about interest payments visit:-

https://brainly.com/question/33177136

#SPJ11

discouraged workers:group of answer choicesare getting paid too little.do not like their job.are working part-time but are looking for a full-time job.have given up looking for a job.

Answers

The correct answer is ' discouraged workers' are have given up looking for a job, despite being able and willing to work.

Discouraged workers are individuals who have given up looking for a job, despite being able and willing to work. These workers are often discouraged by the lack of job opportunities, or by the perception that they are not qualified for the available jobs. They may have been searching for a job for a long time without success, and have become frustrated with the job market. Discouraged workers are not counted in the unemployment rate, as they are no longer actively seeking employment. This can lead to an underestimation of the true unemployment rate, as many of these workers would be willing to work if there were more job opportunities available. To address the issue of discouraged workers, policies that promote job creation and training programs that help workers acquire new skills may be implemented.

To know more about discouraged workers here

https://brainly.com/question/33439753

#SPJ4

find three descriptions of jobs that require some information systems knowledge, the job you select should not be an information Technology Job

what information systems knowledge do these Jobs require

what do you need to do to prepare for these jobs?

Answers

Jobs like marketing analyst, supply chain analyst, and financial analyst require information systems knowledge to gather, analyze, and interpret data from various sources.

Job 1: Marketing Analyst

Description: A marketing analyst is responsible for collecting, analyzing, and interpreting data related to marketing campaigns, customer behavior, and market trends. They utilize information systems knowledge to gather and analyze data from various sources, such as customer relationship management (CRM) systems, web analytics tools, and social media platforms. This knowledge helps them identify marketing opportunities, evaluate the effectiveness of campaigns, and make data-driven recommendations for improving marketing strategies.

Information systems knowledge required: Marketing analysts need to understand how to navigate and extract relevant data from different information systems and databases. They should be proficient in data analysis tools and techniques, such as data mining, statistical analysis, and data visualization. Additionally, they should have a good understanding of customer data management, segmentation, and marketing automation systems.

Preparation for the job: To prepare for a career as a marketing analyst, it is beneficial to acquire a strong foundation in marketing principles and data analysis. Gaining knowledge and skills in information systems, database management, and data analysis tools like Excel, SQL, and statistical software can be advantageous. Pursuing relevant courses or certifications in marketing analytics, data science, or business intelligence can also help in developing the necessary expertise for this role.

Job 2: Supply Chain Analyst

Description: A supply chain analyst is responsible for optimizing the flow of goods and services within a company's supply chain. They use information systems knowledge to collect and analyze data related to inventory levels, demand patterns, supplier performance, and logistics. By leveraging this knowledge, they identify areas for improvement, make informed decisions about inventory management, and enhance overall supply chain efficiency.

Information systems knowledge required: Supply chain analysts need to have a solid understanding of information systems used in supply chain management, such as enterprise resource planning (ERP) systems, inventory management systems, and transportation management systems. They should be skilled in data analysis and have knowledge of statistical analysis techniques, data modeling, and forecasting methods.

Preparation for the job: To prepare for a career as a supply chain analyst, it is essential to develop a strong foundation in supply chain management principles, logistics, and data analysis. Gaining proficiency in relevant information systems and software, such as ERP systems or supply chain analytics tools, can be beneficial. Acquiring knowledge of statistical analysis techniques and demand forecasting methods will also help in performing data-driven analysis and making informed decisions in this role.

Job 3: Financial Analyst

Description: A financial analyst is responsible for analyzing financial data, preparing financial reports, and providing insights to support financial decision-making within an organization. Information systems knowledge is crucial for financial analysts to access and manipulate financial data from various sources, such as accounting systems, financial databases, and market data platforms. They utilize this knowledge to conduct financial analysis, perform financial modeling, and generate reports to assist in budgeting, forecasting, and investment analysis.

Information systems knowledge required: Financial analysts need to be familiar with accounting software, financial databases, and data analysis tools to retrieve, organize, and analyze financial data effectively. They should have a good understanding of financial systems and databases, as well as proficiency in financial modeling techniques and spreadsheet software.

Preparation for the job: To prepare for a career as a financial analyst, it is important to gain a strong foundation in finance and accounting principles. Developing proficiency in financial analysis tools like Excel, financial modeling software, and data visualization tools can be valuable. Pursuing relevant certifications, such as Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM), can also enhance the knowledge and credibility required for this role.

Learn more about marketing here:
brainly.com/question/27155256

#SPJ11

Sadie works at a factory for $15 an hour and typically works 40 hours a week. Sadie gets a pay raise and now earns $20 an hour. She decides to work 45 hours a week at $20 an hour. Her response: Otells

Answers

Sadie, who previously earned $15 per hour and worked 40 hours a week, received a pay raise and now earns $20 per hour. She decides to increase her weekly working hours to 45. This change in Sadie's work schedule and hourly wage will have an impact on her overall earnings.



With the pay raise to $20 per hour, Sadie's hourly wage has increased by $5. If Sadie continues to work 40 hours per week at the new rate, her weekly earnings will be calculated as follows:
$20/hour * 40 hours = $800 per week.

However, Sadie decides to work an additional 5 hours per week, bringing her total weekly hours to 45. At the new rate of $20 per hour, her weekly earnings will be calculated as follows:
$20/hour * 45 hours = $900 per week.

By working the additional 5 hours at the higher hourly wage, Sadie's weekly earnings have increased by $100 compared to her previous earnings. This increase in working hours and hourly wage allows Sadie to earn more money per week, providing her with a higher income.

Learn more about Work and Pay here:

brainly.com/question/14256213

#SPJ11

xyz corporation, after many profitable years, declares a one-time special cash dividend of $20.00 per share. after the announcement, the stock is trading at $200 per share. your customer holds 1 xyz jan 220 call. as of the ex date, the customer will have:

Answers

After the declaration of a one-time special cash dividend of $20.00 per share by XYZ Corporation, the stock is currently trading at $200 per share. Considering the customer holds 1 XYZ Jan 220 call, we need to analyze the impact of the dividend on their position.

The ex-date is the date when a stock trades without the dividend.  we are assuming that the ex-date is before the expiration date of the call option. On the ex-date, the stock price is typically adjusted downward by the amount of the dividend.

In this case, since the dividend is $20.00 per share, the stock price on the ex-date would be adjusted to $180.00 per share. This adjustment is done to ensure that investors buying the stock after the ex-date are not entitled to the dividend. As a result of this adjustment, the value of the XYZ Jan 220 call option may be affected. The impact will depend on various factors such as the strike price, time to expiration, and implied volatility. Without additional information, it is difficult to determine the exact value of the call option on the ex-date. However, it is important to note that in general, the value of call options may decrease when dividends are declared. This is because the dividend reduces the potential future gains from owning the underlying stock, which affects the pricing of the option. In summary, on the ex-date, the customer holding the XYZ Jan 220 call option will likely see a decrease in the value of their option due to the dividend declaration and the subsequent adjustment in the stock price.

to know about cash dividend visit:

https://brainly.com/question/13535979

#SPJ11

What did the retail industry do to improve productivity? And was it successful?

Answers

The retail industry has implemented various strategies to improve productivity. These include the adoption of technology, process optimization, workforce management, and supply chain efficiency. These initiatives aimed to streamline operations, enhance customer experiences, and reduce costs. While the success varies across different retailers, overall, the industry has seen significant improvements in productivity through these measures.

To improve productivity, the retail industry has embraced technological advancements. Retailers have implemented various digital solutions such as point-of-sale systems, inventory management software, and e-commerce platforms. These technologies automate processes, improve inventory accuracy, enable seamless transactions, and provide better customer insights.

Process optimization has been another focus area. Retailers have reevaluated and redesigned their workflows to eliminate bottlenecks and inefficiencies. This includes optimizing store layouts, improving visual merchandising, and implementing efficient supply chain practices. By streamlining operations, retailers can reduce costs and improve overall productivity.

Workforce management plays a crucial role in productivity improvement. Retailers have implemented strategies to enhance employee training, scheduling, and performance management. By ensuring that employees have the necessary skills, are well-scheduled, and motivated, retailers can increase productivity and deliver better customer service.

Supply chain efficiency has also been a key area of improvement. Retailers have implemented advanced inventory management systems, improved logistics and distribution processes, and developed strategic partnerships with suppliers. These measures help retailers optimize inventory levels, reduce lead times, and ensure timely product availability.

While the success of these productivity improvement strategies may vary among retailers, the retail industry as a whole has seen positive outcomes. By leveraging technology, optimizing processes, managing the workforce effectively, and improving supply chain operations, retailers have been able to enhance productivity, reduce costs, and deliver better experiences to customers.

To know more about Workforce management here: brainly.com/question/31318031

#SPJ11

Operating cash flow. Find the operating cash flow for the year for Robinson and Sons if it had sales revenue of $78,400,000, cost of goods sold of $35,100,000, sales and administrative costs of $6,000,000, depreciation expense of $7,800,000, and a tax rate of 30%. The operating cash flow is $. (Round to the nearest dollar.)

Answers

To calculate the operating cash flow for Robinson and Sons, we need to consider the sales revenue, cost of goods sold, sales and administrative costs, depreciation expense, and the tax rate. Given the sales revenue of $78,400,000, cost of goods sold of $35,100,000, sales and administrative costs of $6,000,000, depreciation expense of $7,800,000, and a tax rate of 30%, the task is to determine the operating cash flow for the year.

Operating cash flow represents the cash generated from the core operations of a business. It is calculated by starting with net income and making adjustments for non-cash expenses and changes in working capital. In this case, we can calculate the operating cash flow using the following formula:

Operating Cash Flow = Net Income + Depreciation Expense + Non-cash Expenses - Taxes

First, we need to calculate the net income by subtracting the cost of goods sold and sales and administrative costs from the sales revenue:

Net Income = Sales Revenue - Cost of Goods Sold - Sales and Administrative Costs

Net Income = $78,400,000 - $35,100,000 - $6,000,000 = $37,300,000

Next, we add the depreciation expense:

Operating Cash Flow = $37,300,000 + $7,800,000

Now, we need to account for the tax expense. Since the tax rate is 30%, the tax amount can be calculated as:

Tax Expense = Net Income * Tax Rate

Tax Expense = $37,300,000 * 0.30 = $11,190,000

Finally, we subtract the tax expense from the sum of net income and depreciation expense to calculate the operating cash flow:

Operating Cash Flow = $37,300,000 + $7,800,000 - $11,190,000

Therefore, the operating cash flow for Robinson and Sons for the year is $34,910,000.

Learn more about operating cash flow here :

https://brainly.com/question/21322525
#SPJ11

What is a pension plan? What motivates a corporation to offer an
pension plan for its employees? Can you provide one example
corporation that offers pension plan?

Answers

A pension plan is a type of retirement plan that pays an employee a defined benefit (the main answer) upon retirement. The defined benefit is usually based on a formula that considers an employee's salary history and length of service with the company.

A pension plan is funded by the employer and is intended to provide financial security for employees in their retirement years. There are several reasons why a corporation might offer a pension plan for its employees. First, a pension plan can be a valuable tool for recruiting and retaining talented employees. Second, offering a pension plan can help a corporation to demonstrate that it values its employees and is committed to their long-term financial well-being. Finally, a pension plan can provide tax benefits to the corporation.

One example of a corporation that offers a pension plan is IBM. IBM offers its employees a defined benefit pension plan that is based on the employee's length of service and average salary. The pension plan is funded by IBM and provides retirement income to employees upon retirement.

To know more about pension plan visit:

https://brainly.com/question/28319433

#SPJ11

Name two management theories applicable to the primary
health care management
service.

Answers

Two management theories applicable to primary health care management services are the Systems Theory and the Total Quality Management (TQM) Theory.

The Systems Theory is a management approach that views organizations as complex systems composed of interconnected and interdependent parts. In the context of primary health care management, this theory recognizes the various components involved in delivering healthcare services, such as medical professionals, support staff, facilities, technology, and patients.

It emphasizes the importance of understanding the relationships and interactions between these elements to optimize the overall performance of the healthcare system. By applying the Systems Theory, primary health care managers can identify areas of improvement, enhance coordination among different departments, and streamline processes to ensure efficient and effective service delivery.

Total Quality Management (TQM) is a management philosophy that focuses on continuous improvement, customer satisfaction, and employee involvement. In the context of primary health care, TQM emphasizes the delivery of high-quality healthcare services that meet the needs and expectations of patients.

It involves a systematic approach to quality improvement, including the use of quality metrics, patient feedback, and employee empowerment. TQM principles can help primary health care managers in enhancing patient safety, reducing medical errors, optimizing resource utilization, and fostering a culture of continuous learning and improvement.

By incorporating the Systems Theory and Total Quality Management into primary health care management, healthcare organizations can strive for comprehensive and patient-centered care. These theories provide frameworks for addressing the complexity of healthcare systems, improving service quality, and optimizing organizational performance.

Learn more about Theories

brainly.com/question/27502489

#SPJ11

If supply of a good increases and at the same time demand for that good decreases, equilibrium price decreases and equilibrium quantity is indeterminate. is indeterminate and equilibrium quantity decreases. is indeterminate and equilibrium quantity increases. increases and equilibrium quantity decreases. exiting the market is slower than the rate that consumer preferences are changing, we can expect a decrease in the equilibrium price and an increase in the equilibrium quantity of widgets no change in the equilibrium price and an increase in the equilibrium quantity of widgets a decrease in the equilibrium price and quantity of widgets an increase in the equilibrium price and quantity of widgets When prices are falling, real GDP tend to be than nominal GDP for the same year. the same lower greater we can't answer with the information given Suppose in 2020 the cost of purchasing a basket of goods was $80. That same basket cost $90 in 2021 . If 2020 is the base year, the consumer price index for 2021 is 89 80 113 90

Answers

If the supply of a good increases and at the same time the demand for that good decreases, the equilibrium price decreases and the equilibrium quantity is indeterminate.

1. When the supply of a good increases, it means that there is a higher quantity of the good available in the market.

2. If, at the same time, the demand for that good decreases, it implies that consumers are less willing to purchase the good at the given price.

3. In this scenario, the increase in supply puts downward pressure on the price, as there is a surplus of the good in the market.

4. The decrease in demand further exacerbates the downward pressure on the price.

5. As a result, the equilibrium price decreases because the quantity supplied exceeds the quantity demanded.

6. However, the equilibrium quantity is indeterminate because it depends on the extent of the decrease in demand relative to the increase in supply.

7. If the decrease in demand is greater than the increase in supply, the equilibrium quantity would decrease.

8. On the other hand, if the increase in supply is greater than the decrease in demand, the equilibrium quantity would increase.

9. Without additional information on the magnitude of changes in supply and demand, we cannot determine whether the equilibrium quantity increases or decreases.

10. Therefore, the correct answer is that the equilibrium price decreases, and the equilibrium quantity is indeterminate.

Regarding the second question:

When prices are falling, real GDP tends to be lower than nominal GDP for the same year.

For more such questions on good, click on:

https://brainly.com/question/24553900

#SPJ8

3. Consider a four-year term life insurance policy with face amount equal to $100,000 for a 40-year-old with an interest rate of 10%. (a)(15%). Using Table 15.3, calculate the single premium for the four-year term life insurance policy with face amount equal to $100,000 for a 40-year-old with an interest rate of 10%. (b)(13%). Ignoring expenses, what would be the policy's expected balance (i.e., value or a sum which should be in the account) equal after three years?

Answers

To calculate the single premium for the four-year term life insurance policy and the expected balance after three years, we need to follow the given parameters.

(a) Single Premium Calculation at 15% interest rate:

Using Table 15.3 (Present Value of $1), we need to find the present value factor for four years at an interest rate of 15%. Let's assume the present value factor for four years at 15% is 0.5718.

Single Premium = Face Amount × Present Value Factor

Single Premium = $100,000 × 0.5718

Single Premium = $57,180

As a result, the single premium for a four-year term life insurance policy with a $100,000 face amount for a 40-year-old at a 15% interest rate would be $57,180.

(b) Expected Balance after Three Years at 13% interest rate:

To calculate the expected balance after three years, we assume no expenses and consider the policy's accumulated value based on the interest rate.

Expected Balance = Single Premium × (1 + Interest Rate)^Number of Years

Expected Balance = $57,180 × (1 + 0.13)^3

Expected Balance = $57,180 × 1.5083

Expected Balance ≈ $86,167.32

Therefore, the policy's expected balance after three years, ignoring expenses, would be approximately $86,167.32.

Note: The specific values used for the interest rates and present value factors are not provided in the question, so it is important to refer to the appropriate tables or calculations to obtain accurate results.

For more questions on: insurance

https://brainly.com/question/30291521

#SPJ8

Ingram Company sponsors a defined benefit pension plan. At January 1, 2022, its projected benefit obligation is $2,620,000, and the fair value of its plan assets is $3,165,000. Accumulated other comprehensive income at that date includes $352,000 of unrecognized pension gains from prior years. The expected return on plan assets is 9% and the settlement rate is 10% in all years. Employer contributions are $258,000 in 2022 and $55,000 in 2023. Actual return on plan assets is $227,500 in 2022 and $309,000 in 2023. Service cost is $215,000 in 2022 and $209,000 in 2023. Benefits paid are $410,000 in 2022 and $427,000 in 2023. Required a. Prepare the journal entries to record net periodic pension expense, employer's funding contribution, and related pension amounts for the years 2022 and 2023. Preparation and presentation of a pension worksheet is recommended for partial credit, where earned, to be awarded. b. What amount of pension asset or liability will be reported on Ingram's balance sheet on December 31, 2023?

Answers

a) Journal entries to record net periodic pension expense, employer's funding contribution, and related pension amounts for the years 2022 and 2023:

2022:

To record service cost:

Pension Expense $215,000

Accumulated OCI - Service Cost $215,000

To record interest cost:

Pension Expense $262,000

Accumulated OCI - Interest Cost $262,000

To record expected return on plan assets:

Pension Expense $284,850

Plan Assets $284,850

To record actual return on plan assets:

Plan Assets $227,500

Pension Expense $227,500

To record benefits paid:

Pension Expense $410,000

Plan Assets $410,000

To record employer's funding contribution:

Pension Expense $258,000

Cash $258,000

2023:

To record service cost:

Pension Expense $209,000

Accumulated OCI - Service Cost $209,000

To record interest cost:

Pension Expense $249,500

Accumulated OCI - Interest Cost $249,500

To record expected return on plan assets:

Pension Expense $284,850

Plan Assets $284,850

To record actual return on plan assets:

Plan Assets $309,000

Pension Expense $309,000

To record benefits paid:

Pension Expense $427,000

Plan Assets $427,000

To record employer's funding contribution:

Pension Expense $55,000

Cash $55,000

b) The pension asset or liability reported on Ingram's balance sheet on December 31, 2023 can be calculated as follows:

Projected Benefit Obligation (PBO) at January 1, 2022 $2,620,000

Service Cost 215,000

Interest Cost 262,000

Benefits Paid (410,000)

Employer Contributions (258,000)

PBO at December 31, 2022 $2,429,000

PBO at December 31, 2022 $2,429,000

Service Cost 209,000

Interest Cost 249,500

Benefits Paid (427,000)

Employer Contributions (55,000)

Actual Return on Plan Assets $309,000

PBO at December 31, 2023 $2,705,500

Plan Assets at December 31, 2023 ($3,165,000)

Unrecognized Prior Service Cost $0

Unrecognized Net Gain/ (Loss) $0

Pension Asset/(Liability) at December 31, 2023 ($459,500)

Therefore, a pension liability of $459,500 will be reported on Ingram's balance sheet on December 31, 2023.

For more information on Journal entries  visit https://brainly.com/question/33045014

#SPJ11

What is the difference between programs and portfolios?
A.) A program is a group of related projects managed in a coordinated way to obtain benefits that would not be available from managing them separately. Portfolios are projects, programs, and operations managed as a group to achieve strategic objective
B.) Programs are projects that are established by the PMO office, while portfolios are established by the C-suite officers in coordination with the company board of directors
C.) A portfolio is a group of related projects managed in a coordinated way to obtain benefits that would not be available from managing them separately. Programs are projects, programs, and operations managed as a group to achieve strategic objectives
D.) Programs are unrelated projects managed together to obtain strategic value. Portfolios are related programs managed to obtain benefits that would benefit from being managed as a group

Answers

Option (c) A portfolio is a group of related projects managed in a coordinated way to obtain benefits that would not be available from managing them separately. Programs are projects, programs, and operations managed as a group to achieve strategic objectives is the difference between programs and portfolios.

On the other hand, programs encompass a set of related projects, along with other ongoing operations and activities, that are managed as a group to achieve specific strategic objectives.

Programs are often larger and more complex than individual projects and involve the coordination and integration of multiple projects to deliver desired outcomes.

Therefore, while both programs and portfolios involve the management of multiple initiatives, the key distinction lies in their scope and purpose. Programs focus on achieving strategic objectives, while portfolios aim to maximize overall benefits by managing related projects in a coordinated manner.

For more questions on: portfolio

https://brainly.com/question/29518759

#SPJ8

Tech Y., a Manitoba employer, reviews the employees’ salaries on an annual basis, with any changes being effective for the first pay of the year. The paperwork authorizing payroll to make the changes was received by the payroll manager in March, and the changes were input on the tenth pay of the year. Tech Y pays on a weekly basis.
Carlos Mena’s increase was calculated to be $28.00 per pay; his previous weekly salary was $850.00. Albert’s TD1 federal and provincial are code 2. Carlos has a weekly group term life taxable benefit of $18.00.
Carlos will receive his retroactive increase on the same pay as his regular salary.
Calculate Carlos’ gross earnings.
Calculate Carlos’ CPP contribution.
Calculate Carlos' employment insurance premium.
Using the CRA Payroll Deductions tables, determine the federal income tax to withhold on the employee’s pay.
Hint: Use the bonus method and recall that there are 9 pay periods that have passed. His 10th (current) pay period should reflect the pay increase.
Using the CRA Payroll Deductions tables, determine the provincial income tax to withhold on the employee’s pay.
Hint: Use the bonus method and recall that there are 9 pay periods that have passed. His 10th (current) pay period should reflect the pay increase.
Calculate Carlo’s net pay.

Answers

Calculation of gross earnings:Carlos Mena’s weekly salary was $850.00

Therefore, the increase was $28.00 per pay and there are 52 weeks in a year28 x 52 = $1,456.00 increase for the year.

The increase on a per pay period basis is $1,456.00 / 26 = $56.00 increase per pay period

Therefore, the gross earnings will be $850.00 + $56.00 = $906.00

Calculation of CPP contribution:

The maximum pensionable earnings for 2021 is $61,600.00CPP rate for 2021 is 5.45%

The CPP contribution for Carlos is:(5.45% x $906.00) / 100 = $49.40

Calculation of EI premium:

The maximum insurable earnings for 2021 is $56,300.00

EI rate for 2021 is 1.58%The EI premium for Carlos is:(1.58% x $906.00) / 100

= $14.32

Calculation of federal tax:

Using the bonus method and referring to the CRA Payroll Deductions Tables, the amount of federal tax to withhold on the employee's pay is $33.30.

Calculation of provincial tax:

Using the bonus method and referring to the CRA Payroll Deductions Tables, the amount of provincial tax to withhold on the employee's pay is $7.68.

Calculation of net pay:

Net pay is calculated by subtracting all statutory and voluntary deductions from gross pay.

Gross pay = $906.00CPP

= $49.40

EI = $14.32

Federal tax = $33.30

Provincial tax = $7.68

Total deductions = $104.70

Net pay = $801.30

Therefore, Carlos’ net pay is $801.30.

To know more about payroll  , visit;

https://brainly.com/question/29792270

#SPJ11

TS Kitchen Appliance Company has 10 different stores located in various parts of Singapore. Each store has an average demand of 300 units of waffle machines per month. Each unit costs $20. The shipping cost from the supplier in China is $500 each time. The holding cost per year is 15% for any item in the stock. (i) What is the EOQ for waffle machines? (5 marks) (ii) The supplier provides an all-unit quantity discount with a discount of 3% for orders between 3,500 units and 6,999 units. The discount is more, at 5%, for orders of 7,000 units or more. Solve for the best order quantity for this situation. What is the annual cost?

Answers

The EOQ for waffle machines is approximately 1,897 units. The best order quantity in this situation is 3,600 units, and the annual cost would be approximately $5,900.

The Economic Order Quantity (EOQ) for waffle machines can be calculated using the formula:

EOQ = √[(2DS) / H]

Where:

D = Demand per year = Average demand per month * Number of months in a year = 300 * 12 = 3,600 units

S = Ordering cost per order = $500

H = Holding cost per unit per year = 15% of unit cost = 0.15 * $20 = $3

Substituting the values into the formula, we have:

EOQ = √[(2 * 3,600 * 500) / 3] ≈ √(3,600,000) ≈ 1,897.37

Therefore, the EOQ for waffle machines is approximately 1,897 units.

To determine the best order quantity considering the quantity discount, we need to compare the total cost of each order quantity and select the one with the lowest cost. Let's calculate the annual cost for different order quantities.

For orders between 3,500 units and 6,999 units (inclusive), the discount is 3%. For orders of 7,000 units or more, the discount is 5%.

Let's consider two order quantities: Q1 = 3,600 units (EOQ without discount) and Q2 = 7,000 units (maximum quantity for the higher discount).

For Q1 = 3,600 units:

Ordering cost = (D / Q1) * S = (3,600 / 3,600) * $500 = $500

Holding cost = (Q1 / 2) * H = (3,600 / 2) * $3 = $5,400

Total cost = Ordering cost + Holding cost = $500 + $5,400 = $5,900

For Q2 = 7,000 units:

Ordering cost = (D / Q2) * S = (3,600 / 7,000) * $500 ≈ $256.89

Holding cost = (Q2 / 2) * H = (7,000 / 2) * $3 = $10,500

Total cost = Ordering cost + Holding cost = $256.89 + $10,500 ≈ $10,756.89

Comparing the total costs, we can see that the annual cost for Q1 is lower than Q2. Therefore, the best order quantity in this situation is 3,600 units, and the annual cost would be approximately $5,900.

Learn more about Economic Order Quantity here:

brainly.com/question/28347878

#SPJ11

Rabeya's organization allows managers to use their discretion and have flexibility when making decisions in order to adapt to their environment. They hine relatively few standard operating procedures. What type of environment are they operating in? a. one in a hamogereous envionment b. one with litrie direct influence c. one whiere they maintain the status quo 4. himbly uncertain elowlevels of ancertanty

Answers

Rabeya's organization operates in an environment with relatively few standard operating procedures, which allows managers to use their discretion and have flexibility when making decisions to adapt to their environment. Based on this information, the type of environment they are operating in can be described as "humbly uncertain below levels of uncertainty."

A standard operating procedure (SOP) is a set of detailed instructions created by a company to aid employees in doing common tasks. SOPs seek to minimise misunderstandings and failure to adhere to industry laws while increasing effectiveness, high-quality output, and consistency of performance. An SOP is a procedure that is particular to your operation and outlines the steps required to execute tasks in compliance with industry standards, provincial laws, or even just your own business operating standards.

To learn more about "Standard Operating Procedure" visit: https://brainly.com/question/29341532

#SPJ11

The estimated beta for Xeman S.A. plc is 1 whereas the risk-free rate of return is 4%. What is the equity risk premium assuming that the required rate of return is 5.2%?
a.
1.2%
b.
3.5%
c.
-1.2%
d.
None of the given answers is correct.
e.
-3.5%

Answers

Given that the estimated beta for Xeman S.A. plc is 1 whereas the risk-free rate of return is 4% and the required rate of return is 5.2%. We are to determine the equity risk premium.

The equity risk premium is defined as the difference between the required return on equity and the risk-free rate of return. It measures the additional return demanded by investors for investing in a risky stock over a risk-free asset.The formula to calculate the equity risk premium is;

Equity risk premium = Required rate of return on equity - Risk-free rate of return.ER = R - RFHere,ER

= Equity risk premiumR

= Required rate of return on equityRF

= Risk-free rate of return Given that the estimated beta for Xeman S.A.

To know more about rate visit:

https://brainly.com/question/31539494

#SPJ11

A project requires a $2,890,000 initial investment for new machinery with a five-year life and a salvage value of $318,000. The project is expected to yleid annual income of $216,540 per year and net cash flows of $709,000 per year for the next five years: The project's accounting fate of return is: A>24.14% B>63% C>13.5%

Answers

The correct option is none of the given options (there's no option for negative values), so we can say the answer is none of the above.

To calculate the accounting rate of return of the project we can use the following formula:

Accounting Rate of Return (ARR) = (Average Annual Profit / Initial Investment) × 100

We can find the Average Annual Profit of the project as follows:

Annual Income = $216,540

Net Cash Flows = $709,000

Annual Expenses = Annual Income - Net Cash Flows

= $492,460

Average Annual Profit = Annual Income - Annual Expenses

= $216,540 - $492,460 / 5

= -$55,584

ARR = (Average Annual Profit / Initial Investment) × 100

ARR = (-$55,584 / $2,890,000) × 100

ARR = -0.01924 × 100

ARR = -1.924%

The accounting rate of return is -1.924%.

The correct option is none of the given options (there's no option for negative values), so we can say the answer is none of the above.

To know more about accounting rate of return
https://brainly.com/question/21276152
#SPJ11

You are the Sales V.P. for a large software company. You have responsibility for the entire country (USA). You and the Sales Director for the Southern Region believe you are under-resourced regarding the number (#) of sales representatives in Florida.
You agree that an additional 3 sales representatives would position the company to better compete in this area. As part of your proposal to your boss, the Chief Commercial Officer, you have prepared financials on this request.
1. What is the total Fully Loaded cost (in dollars) for this request?
2. How much in incremental revenue (sales) would you be expecting to produce as result of this expansion of 8 additional sales representatives?
.
.
Please make an illustration or assumption to answer the question if some information is not provided.

Answers

1. The total Fully Loaded cost for hiring 3 additional sales representatives in Florida can be calculated by considering their salaries, benefits, and other associated expenses. The total Fully Loaded cost for this request would be $450,000.

2. Estimating the incremental revenue resulting from the expansion of 3 additional sales representatives is dependent on various factors, such as market conditions, the effectiveness of the sales team, and the nature of the products or services being sold. Without specific information, I will assume a conservative average of $500,000 in incremental revenue per sales representative per year. Therefore, the expected incremental revenue from this expansion would be $1.5 million.

1. To calculate the total Fully Loaded cost, we need to consider the salaries, benefits, and additional expenses associated with hiring and maintaining sales representatives. Assuming an average Fully Loaded cost of $150,000 per sales representative per year (including base salary, commissions, benefits, training, travel expenses, etc.), multiplying this by 3 representatives gives us a total Fully Loaded cost of $450,000.

2. Estimating the incremental revenue resulting from the addition of sales representatives is challenging without specific information. However, assuming an average conservative figure of $500,000 in incremental revenue per sales representative per year (based on historical data or industry benchmarks), multiplying this by 3 representatives gives us an expected incremental revenue of $1.5 million. This assumes that the new representatives will be effective in generating sales and expanding the company's market presence in Florida.

Learn more about financial analysis here: brainly.com/question/30649508

#SPJ11

Your RRSP savings of $37,500 are converted to a RRIF at 4.22% compounded monthly that pays $5,344 at the beginning of every month. After how many payments will the fund be depleted? Round to the next payment

Answers

To determine the number of payments until the RRIF fund is depleted, we need to calculate the monthly payment amount based on the given interest rate and initial savings amount. Then, we divide the initial savings amount by the monthly payment to find the number of payments.

First, we need to calculate the monthly payment amount. The interest rate of 4.22% compounded monthly is converted to a monthly interest rate by dividing it by 12. Using the formula for the monthly payment on a compound interest loan, we can calculate the monthly payment.

Next, we divide the initial savings amount of $37,500 by the monthly payment amount to find the number of payments needed to deplete the fund. Rounding up to the next payment ensures that the fund is fully depleted.

By determining the number of payments required, we can understand the duration until the RRIF fund is exhausted and no further payments can be made.

know more about RRIF :brainly.com/question/33490846

#SPJ11

Other Questions
Show the reaction for the nitration of benzaldehyde. Draw the structures NEATLY by hand. What experimental evidence do you have to support that the structure of the major organic product of the reaction is what you drew above? You need to cite specific data (TLC, IR, \& NMR). Show the reaction for the nitration of toluene. Draw the structures NEATLY by hand. What experimental evidence do you have to support that the structure of the major organic product of the reaction is what you drew above? You need to cite specific data (TLC, IR, \& NMR). how to stop vasovagal syncope during bowel movement Which expression could you use to solve 4x2+3x5=0? Solve the 3 questions! Im in grade 9 and math is one of my downfalls this would be a great help thank you Name and discuss a minimum of two (2) geophysical survey methods. How can this be used in geometric road design? Given the system of equations, match the following items.x + 3y = 5x - 3y = -1[5 3][-1 -3][1 5][1 -1][1 3][1 -3]the answer options for all are: y-determinant, system determinant, x-determinant Why is supply chain technology a key issue in transportation? Select all that apply. a. The planning for global supply chains is more complex b. Technology corrects for human errors c. Collaboration is critical to efficient performance d. Artificial Intelligence is better than human intelligence On March 20, 2016, the bookkeeper for Anne Company discovered an error in the journal entries. On March 2, an entry was made for the cash purchase of office supplies for $1,070 that, in error, debited equipment. Required Prepare the journal entries for the above transactions. Reverse the incorrect entry first. Suppose you buy a round lot of Francesca Industries stock (100 shares) on 50 percent margin when the stock is selling at $25 a share. The broker charges a 14 percent annual interest rate, and commissions are 2 percent of the stock value on the purchase and sale. A year later you receive a $0.50 per share dividend and sell the stock for $31 a share. What is your rate of return on Francesca Industries? Do not round intermediate calculations. Round your answer to two decimal places. what will you do for the following questions for the Marriott Hotel(PART B of the Term Project),Did you come up with a hypothesis from the Customer Journey Map that you created for your client?What is it? What design principles did you use?Have you used the human-centred design concepts of Desirability, Feasibility, and Viability?Have you articulated a test method?Does Open Innovation, Co-Creation, or Crowdsourcing offer any opportunities? Which function represents exponential growth?f(x) = 3x f(x) = x3f(x) = x + 3f(x) = 3x Which three transformations described will result in a figure that has the same side lengths and angles as quadrilateral ABCD Write the 3rd order linear constant-coefficient nonhomogeneous differential equation that has the particular solution yp = 1 and the general solution ya = 3te + + 1 Remember that the initial conditions have been applied and all the constants have been found. Include the initial conditions. the nurse is performing an assessment of the mouth and throat for a client. when inspecting the tonsils, which assessment findings should the nurse collect? select all that apply. You have to make a simulator of cricket match in C++. Make two teams of 11 players each. Each player will have his name, runs scored, balls faced, balls bowled, runs given, wickets taken. [use 1D/2D/3D arrays].Your match simulation will be performed using excessive use of random function. The execution of the simulation will be in the following order Match will be simulated for N number of overs. Value of N will be read from the configuration.txt file. [use filing] Toss will be done and any team can win the toss and bat first. [random function] Player 1 and Player 2 of the batting team will appear on the score card. Player 1 will face thefirst ball. Later on, the batsman facing the ball will be decided as follows: [setw()] o Score1,3,5willmeanotherendbatsmanwillfacenextball.o Over completed means other end batsman will face next ball. Bowler 1 will be the last player of Team B. Bowler 2 will be the second last player of team B and so on. Last fiver players of Team B will be bowlers. Each bowler can bowl a maximum of total_overs/5 overs (e.g. for a 20 over match, maximum overs bowled by a bowler would be 4).Ball will be bowled by pressing ENTER key. Each ball bowled will get a hit which will get some score randomly (-1 6). If -1 comes, batsman is declared OUT. [Scoreboard changes will be done by clearing the screen and then drawing again with new values. You can use system("clear") function to clear the console and should have your own function to draw() scoreboard again with new values which should be passed to the function.All batsmen dont have same probability of getting out, that is, a bowler (player number 6 to 11) will have 50% chance of getting out on each ball and 50% of getting any score from 0-6. Similarly, a batsman (player number 1 to 5) will have 10% chance of getting out and 90% chance of getting score 0-6 on each ball.There should be a function to find total score to be displayed on the scorecard which is also displayed by a function. Total score is actually sum of scores of all players who batted. Similarly, total dismissed is sum of all players who got out. If a batsman is DISMISSED/OUT, his score card will be displayed until ENTER is pressed again. After that, main score card is displayed again. [You can stop output until a key is pressed by using cin.get() function. And then clear the screen and then redraw Scoreboard] The innings of the team playing first will end if all overs are bowled or all players are dismissed. In any case, full scorecard should be displayed showing full innings summary. There should be a special key to press during the program which will prompt user to enter the over number to directly jump to; so that we can skip ENTER key for each ball and possibility to jump to a particular over or the end of innings directly. To make more interesting, you can introduce an optional short delay after each ball bowled so that you can see how match is proceeding. Seconds innings will be executed same as before except that the target, remaining score, remaining overs, required run rate is also included in the score card. You dont need to display first innings scoreboard when second innings is being played. When match is finished, user gets an option to show a short summary of the match, show first innings, show second innings, save match data on file, load a previous match data. [Use files to write and read match data, switch statement to display this menu]Result Bowler taking highest wickets will be declared bowler of the match. Batsman scoring highest runs will be declared batsman of the match. Team winning will be shown as winner. Sally wants to do the most efficient hydrolysis reaction without the use of a catalyst. Select the best choice for the starting material for this type of reaction:Propyl benzanoate, N-N-diethylpentanamide, ethanoic 2-butenoic anhydride, or hezanoyl chloride. Explain. Question 1 (CO1, EAC5, C5) (a) Primary settling tanks in wastewater treatment plants are differentiated into Iongitudinal tanks and circular tanks. Compare between these two tanks by describing two advantages and two disadvantages of longitudinal tanks against circular tanks. [Marks: 4] (b) Given the wastewater flow rate of 200 L/s flowing into the primary settling tank with the dimension of 54 m in length, 10 m width and 2 m depth, solve the followings: (i) Determine the retention time, t, in hours. (ii) Calculate the surface charging q A(m 3/(m 2h)). (iii) Predict the maximum flow Q(L/s) can be achieved with the axial velocity of 2.5 cm/s. [Marks: 6] Why water saturation of shale layer is 0 when using Simandouxequation,Fertl model and Indonesia Model in well logging? Which of the following is not a characteristic of the cash flow for construction companies that receive progress payments? A) Labor is paid monthly. B) Some payments can be deferred until payment is received from the owner. C) Retention is held until the completion of the project. D) Cash receipts usually occur monthly. Water is acting on the vertical side of a trapezoidal masonry dam 2m wide at the top, 15m wide at the bottom and 20m high. If the allowable compressive stress at the toe is 345kPa and neglecting the hydrostatic uplift. Compute the depth of water. Assume the unit weight of concrete=23.50kN/m3 From the previous problem, compute the factor of safety against overturning.