A law was passed increasing the minimum wage by 30%. The owner of a small landscaping business must now pay all of her laborers 30% higher wages.
What is the minimum amount the owner must now charge customers for labor to balance her increased operational expenses?
Note: Disregard associated increases in taxes, such as FICA.
A.No increase is needed
B.15%
C.30%
D.60%

Answers

Answer 1

Answer:

30%

Explanation:

just took the test.

Answer 2

The minimum amount the owner must now charge customers for labour to balance her increased operational expenses is 30%. The correct option is c.

What are operational expenses?

Operational expenses, operating expenditure, operating expense, operational expenditure or OPEX is an ongoing cost for running a product, business, or system. Its counterpart, a capital expenditure, is the cost of developing or providing non-consumable parts for the product or system.

For example, the purchase of a photocopier involves CAPEX, and the annual paper, toner, power and maintenance costs represent OPEX. For larger systems like businesses, OPEX may also include the cost of workers and facility expenses such as rent and utilities.

In business, an operating expense is a day-to-day expense such as sales and administration, or research & development, as opposed to production, costs, and pricing.

In short, this is the money the business spends to turn inventory into throughput.

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Related Questions

Avery works for Proctor and Gamble as a market researcher in the United States. P&G is interested in launching a new line of shampoo in India and has asked her to look into doing research to support this decision. Since Avery is not familiar with the language or the culture, what should she do?

Answers

Because Avery does not understand the language or culture of India, to enable her research on the shampoo launch she should hire a local research firm.

Why is this the best way to go?

A local research firm would know the language and culture of India and so would be able to find better insight than Avery could.

All Avery has to do is to pay the local firm and they will do the work and document their findings in English or any other language that Avery would prefer.

In conclusion, Avery should hire a local firm.

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PLZ I NEED HELP THIS IS IN FOUNDATIONS BTW PLZ HELP WITH WORK. :/

What will be the result if the formula if inserted into cell and copied down the column so that the cell references were correct? Select all that apply.

A. The comments for Ryan would be, "Good effort!"
B. The comments for Latisha would be, "Well done!"
C. The comments for Kate would be, "Good effort!"
D. The comments for Tom would be, "Well done!"

Answers

Answer:

i dont understand this, please give more info

Explanation:

In a barter economy, prices are stated in terms of relative prices. How many prices would a trader of a particular good need to know in a barter economy with 20 goods

Answers

The number of prices the trader will need to know is 190 barter prices.

Mathematically, it will be:

(20 x 19)/ 2 = 190 barter prices.

Let's understand what barter economy is all about.

Barter economy

A barter economy refers to the economy where transactions for goods and services are exchanged for goods and services. In other words, goods and services are used to pay in order to get another goods and services.

In the barter economy, money isn't needed and not used as a medium of exchange.

Barter-based economies are known to be one of the earliest. This type of economy actually predates monetary systems.

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A good internal control to protect cash is to make cash payments using:.

Answers

a lockbox to keep the money safe when accepting cash payments

What type of popular loan is available for entrepreneurs through non-profits, foundations, and community organizations

Answers

SBA microlenders is a popular loan is available for entrepreneurs through non-profits, foundations etc.

What is a Loan?

This is referred to as money or material goods given to another party in exchange for future repayment. The repayment is usually paid with some amount of interest.

Small Business Administration microlenders is a popular loan which is given to  entrepreneurs through non-profits, foundations, and community organizations.

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Mike's Café in June has revenue receipts of $75,000.00. His cost of goods
sold was $ 22,753. What is his food cost percentage for the month

Answers

Answer: 30.3%

This is a simple division problem

First let's take our given value of  $75,000

and our other value of $22,753

Now we must divide the $22,753 by $75000

22,753/75,000

=0.30337

Convert the decimal into a percentage

30.3%

Which of the following is NOT a way to sustain product sales?
A. Selling or licensing a product
B. Selling products in regions areas where the customer base is weak.
C. Discounting the product
D. Modernizing or altering the product

Answers

Answer:

The marketing process consists of four elements: strategic marketing analysis, marketing-mix planning, marketing implementation, and marketing control.

Explanation:

Brainly please.?

It should be noted that Selling products in regions areas where the customer base is weak is not a way to sustain product sales.

What is Product sales?

Product sales serves as the process of selling a product or service so that the seller can get a return.

Therefore, it is important to sell where there is potential customer and a strong base of customers for more gains.

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Kieran likes to see all the facts before making a decision. He does not appreciate it when his team members try to push or persuade him into making a decision. He'd rather see as much information as possible and then form his own conclusions. What type of leadership style most represents Kieran?

Answers

Through his attitudes of forming his own conclusions without being pressured by his team members, it is correct to say that the leadership style that most represents Kieran is the controlling style.

Characteristics of a controlling leader

It is usually a leader who has experience in the decision-making process in his area of ​​expertise and uses a top-down approach, where decisions are more controlled and hierarchical.

Therefore, a controlling leader tends to be more autocratic and bureaucratic regarding control and decisions.

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Gargantua Equipment Corporation registers its trademark as provided by federal law. This registration gives notice that the mark belongs exclusively to Gargantua. This notice is

Answers

The company registers its trademark as provided by federal law, thus the notice is national.

What is trademark?

A trademark simply means a type of intellectual property that consists of a recognizable sign, or design that identifies products from a particular source.

Since Gargantua Equipment Corporation registers its trademark as provided by federal law and this registration gives notice that the mark belongs exclusively to Gargantua. This notice is national.

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If you were a self-employed freelance writer, what type of retirement account

might you set up?

A. An individual retirement account

B. A 401(k) plan

C. A pension plan

D. A 403(b) plan

SUBMIT

Answers

Answer:An individual retirement account

Explanation:

Answer:

A. is your answer

Explanation:

You receive the following order: Progesterone 5% cream Apply as directed 4 oz Your pharmacy stocks progesterone cream 10%. How much cream base is needed to fill the order

Answers

The cream base is needed to fill the order is mathematically given as

X=60g

Cream base for  the order

Question Parameters:

Progesterone 5% cream Apply as directed 4 oz (120g)

Your pharmacy stocks progesterone cream 10%.

Generally the equation for the required cream  is mathematically given as

[tex]X=\frac{weight*Progesterone percentage }{progesterone cream percentage}[/tex]

Therefore

[tex]X=\frac{120*5}{10}[/tex]

X=60g

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All businesses are required to make sure that the disabled can ______. A. Afford the things they need to buy b. Easily access all areas of the business c. Find a job that meets their needs d. Be approved for store credit cards Please select the best answer from the choices provided A B C D.

Answers

According to the sentence, all businesses are required to make sure that the disabled can include option B: Easily access all areas of the business.

What is the term business about?

A business is defined as the firm that involves in the activities of commercial and industry such as trading of goods and services.

A business can earn profit, if they lower their prices, provide good quality and quantity and open their branches in the rural or urban areas.

The owners need to channelize their items through the usage of modern technologies like broadcast, television or internet. So, that the people who are unable to earn the service at the right time can survive in the particular area.

Therefore, correct option is B.

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Patrick Smith has $5,000 to invest in a small business venture. His partner has promised to pay him back $8,200 in five years. What is the return that this investment earns

Answers

The return on investment that Patrick Smith earns is 10.4%.

What is the rate of return?

In order to determine the return on investments, the internal rate of return has to be determined.  Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator

IRR = 10.4%

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What are examples of Information Technology careers? Select five options. Web Developer Video Game Designer Computer Programmer Security Guard Information Security Analyst Purchasing Manager Computer User Support Specialist Product Safety Engineer.

Answers

The examples of Information Technology careers are:

Web DeveloperVideo Game Designer Computer ProgrammerInformation Security AnalystComputer User Support Specialist

What is Information Technology?

Information Technology or IT is the study of computer applications that store, retrieve, transmit, or manipulate data. Simply it refers to the use of computers to store, process, or exchange data.

IT career is the job under which an individual helps the organization or other individuals to manage their digital infrastructure, data processes, or troubleshoot technical issues.

The IT careers involve a career in web development, video game designing, computer programming, and so on.

Therefore the correct options are a, b, c, e, and g.

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Answer:

A B C E G

Explanation:

On edg 22

Because a brand name is already well established, a firm can spend ______ resources to develop consumer brand awareness when introducing a brand extension.

Answers

Answer:

Investment

Explanation:

When companies incur selling and administrative costs, those costs ________.

Answers

Answer:

increase

Explanation:

According to Thorstein Veblen, a business or company going bankrupt is the analogous process to the idea of ______ in the natural (biological) world

Answers

A business or company that is going bankrupt is due to the concept of conspicuous consumption.

What is bankruptcy?

Bankruptcy simply means a legal proceeding when a person is unable to pay the outstanding debts.

According to Thorstein Veblen, a business or company going bankrupt is the analogous process to the idea of conspicuous consumption in the natural world.

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If 2010 is the base year, then the inflation rate in 2015 equals a. [(CPI in 2015 - CPI in 2014) / CPI in 2010] x 100 b. [(CPI in 2015 - CPI in 2010) / CPI in 2010] x 100 c. [(CPI in 2015 - CPI in 2014) / CPI in 2014] x 100 d. [(CPI in 2015 - CPI in 2010) / CPI in 2014] x 100

Answers

If 2015 is the base year, the inflation rate is [(CPI in 2015 - CPI in 2010) / CPI in 2010] x 100 .

What is the consumer price index?

The consumer price index is a measure of inflation. Inflation is the rise in general price levels in an economy.

CPI = (cost of basket of goods in current period / cost of basket of goods in base period) x 100

Inflation rate = (CPI in current year - CPI in base year) /  CPI in base year x 100

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If you produce goods manufactured from sheet metal, what subcontractor supplies your raw materials?
-a primary metal manufacturing subcontractor
-a car manufacturer
-a tool-and-die subcontractor
-a mining company

Answers

Answer:

I think it is a tool-and-die subcontractor

Explanation:

A tool and die maker is someone who sets up and operates a variety of computer-controlled or mechanically-controlled machine tools to produce precision metal parts, instruments, and tools. I think that fits the bill for sheet metal. Mining company supplies ores. Car manufacturer is a throw away. Primary focuses on smelting an refining the ores they got from the mining company

Answer: C

George works in an office where smoking is allowed. George develops lung cancer and sues his company, Lennie L. L. C. , for hazardous work conditions. What kind of court will this matter be tried in? a. Civil court b. Criminal court c. Appellate court d. Kangaroo court Please select the best answer from the choices provided A B C D.

Answers

Answer:

The answer is A) a civil court.

Explanation:

Civil courts concern legal actions of all types and matters except for criminal disputes, so a civil court would be used for George to be tried in.

Scenario B. Eco Lawn Care Corp., a company that manufacturers environmentally friendly lawn care products, has been operating as a business for a year. The CEO, Markus, started his venture by deciding on the activities that would be involved and what his goals and objectives for the business were. He then started to recruit professional chemists and other personnel and grouped them according to their responsibilities. Every month Markus conducts a meeting where he brings attention to those who are doing good work and motivates everyone to achieve organizational goals. He also checks the daily productivity of each of the workers, monitoring them and providing training to those with low productivity. Markus monitors his employees and provides training to those who are performing poorly. In this case, which of the following functions of management is Markus performing?
a. planning.
b. organizing.
c. leading.
d. controlling.
e. decision making.

Answers

The management function that Markus perform is planning.

What is planning?

Planning in management refers to steps to be taken in order to achieve an organization set goals and objectives. It means changes and challenges to anticipate, and how to utilise the available human and material resources to reach the expected outcome.

With regards to the above, Marcus is putting in place resources to achieve the organization's goals by taken steps like inspection, training and employee motivation.

Hence , the management function that Markus perform is planning.

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Discuss two reasons why government may impose taxes on alcohol and tobacco

Answers

Answer:

I discussed with my friend

When it comes to transferring funds and mobile banking, what does it mean to "authenticate" the transaction?.

Answers

Answer:

Explanation:

Short answer is when it says to Authenticate the Transaction it means to Make sure that the person is actually you and you are wanting to make the purchase.

How did the oil and gas industry improve louisiana’s economy?.

Answers

Answer:

While the oil and natural gas industry generates more than 260,000 jobs in Louisiana, it is also building communities, neighborhoods and local economies for the workers and their families. In fact, for every job created in the energy sector, 3.4 additional jobs in other sectors are created.

Enumerate atleast 5 Food Processing tools and their uses​

Answers

Precision controls.

Pressure gauges.

Scales and weighing systems.

Thermometers.

Timers.

Explanation:

In the context of problem solving, _________ involves handling one element of the problem at a time.

Answers

It should be noted that in the domain  of problem solving, Serial memory processing involves handling one element of the problem at a time.

What is Serial memory processing?

Serial memory processing  can be regarded as tge process of attending to and processing one item at a time.

This is different from parallel memory processing, because it focus on an item per time.

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if the state minimum wage is higher than the federal minimum wage, which minimum wage is used?

1.Federal
2.Both
3.State
4 Neither​

Answers

1.federal because imagition limits

An e-commerce manufacturer wants to invest $85000 in making the factory mold for a new product. Each unit will cost $2.10 to make, plus an additional $0.15 in packaging. This good will sell for $30 each but the manufacturer will incur the $5/unit shipping cost.

1. What is the fixed cost?
2. What is the variable cost?
3. What is the contribution margin?
4. What is the break-even point?
5. How many units must be sold to earn $75000 in profit?

Answers

The fixed cost is $85,000.

The variable cost per unit is $7.25.

The contribution margin is $22.75.

The break-even point is 3,736.26.

The units to be sold to have a profit of $75,000 is 7033

What are the cost functions?

A fixed cost is a cost that does not change with the level of output of the good produced. Variable cost is the cost that changes with the level of output. Contribution margin is selling price per unit les variable cost per unit. Breakeven point is the point where total selling price is equal to total cost price.

Variable cost = $2.10 + $0.15 + $5 = $7.25

Contribution margin = selling price - variable cost

$30 - $7.25 = $22.75

Break-even point = $85000 /  $22.75 = 3736.26

Profit = selling price - cost price

$75,000 = (30y) - ($85,000 + 7.25y)

Where y is the number of units

$75,000 = 22.75y - 85,000

$160,000 = 22.75y

y = 7033

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There were 80 people in the houses I visited. 16 of them were children under the age of 16, 25 people had full-time jobs, and 8 had part-time jobs. There were 10 retirees, 5 full-time homemakers, 7 full-time students over age 16, and 3 people who were disabled and cannot work. The remaining people did not have jobs, but all said they would like one. 3 of these people had not looked actively for work for three months, however.
Find the labor force, the unemployment rate, and the participation rate implied by the survey taker's report.

Answers

The labor force that can be depicted from the information about the people will be 36.

How to calculate the labor force

The labor force will be:

= 25 + 8 + 3

= 36

The unemployment rate will be:

= Unemployed/Labor force × 100

= 3/36 × 100

= 8.33%

The participation rate will be:

= Labor force/Adult population × 100

= 36/(80 - 16) × 100

= 56.25%

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a.Which point on the graph shows that if the country produces 8 million alarm
clocks, it can only produce 16 million DVD movies?
b.Which point on the graph shows that if the country produces 6 million DVD
movies, it can produce 20 million alarm clocks?
c. If the country produces 25 million alarm clocks, how many DVD movies can it
produce?
d. If the country produces 20 million DVD movies, how many alarm clocks can it
produce?
e. How many alarm clocks can the country produce if it produces 11 million DVD
movies?
f. What does Point G represent on the graph?
g. What does Point F show on the graph?

Answers

a. The point on the graph shows that if the country produces 8 million alarm clocks, it can only produce 16 million DVD movies is point B.

b. The point on the graph that shows if the country produces 6 million DVD

movies, it can produce 20 million alarm clocks is point D.

c. If the country produces 25 million alarm clocks, the number of DVD movies it can produce is 0.

d. If  the country produces 20 million DVD movies, the number of alarm clocks it can produce is 0.

e. The number of alarm clocks it can produce is 15 million.

f. Point G on the graph represents inefficient production.

g. Point F on the graph show unattainable production levels.

What is the production possibility curve?

The production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.  The PPC is concave to the origin.

Point outside the curve or to the right of the curve means that the production level is not attainable given the level of resources Points inside the production possibilities curve means that the nation's resources are not being fully utilised.

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