Barry and Mary have accumulated over $5.5 million during their 50 years of marriage. They have five children and two grandchildren. What is the total amount removed from Barry and Mary's estate in 2020 if they gift the maximum allowable amount to their children and grandchildren without incurring any gift taxes

Answers

Answer 1

The total amount removed from Barry and Mary's estate in 2020 if they gift the maximum allowable amount is $210,000.

Gift tax allowance for 2020 is $15,000

Number of donors = 2

A. Gift allowance for children :

Gift allowance = $15000× Number of donors ×Number of children

Gift allowance= $15000×2×5

Gift allowance= $150,000

B. Gift allowance for grand children:

Gift allowance = $15000× Number of donors ×Number of grand children

Gift allowance = $15000×2×2

Gift allowance = $60,000

Total amount of estate removed from Barry and Mary's estate in 2020

Total amount of estate removed= A + B

Total amount of estate removed= $150,000 + $60,000

Total amount of estate removed= $210,000

Inconclusion the total amount removed from Barry and Mary's estate in 2020 if they gift the maximum allowable amount is $210,000.

Learn more here:https://brainly.com/question/7576901


Related Questions

can anyone tell about abdullah al wiswasy the UAE'S first teacher??​

Answers

Abdullah al-Wiswasy was a famous educator and the UAE's first teacher.

Abdullah al-Wiswasy's services to the educational field were significant in the United Arab Emirates. He was the driving force behind the UAE's educational system's modernization and advancement. His contributions to the UAE's education system earned him the moniker "the father of education" in the UAE. Abdullah al-Wiswasy was instrumental in introducing modern and efficient education to the UAE's remote regions.

He made it possible for Emirati youth to receive a well-rounded education regardless of their location, thanks to his groundbreaking approach to education. Abdullah al-Wiswasy is known as a visionary educator who worked tirelessly to bring education to the masses. He was a teacher and educational supervisor in Dubai before retiring in 1968, after which he worked as a member of the UAE's Federal National Council, which advises the UAE's government.

He received numerous accolades during his lifetime, including the UAE's "Teacher of the Nation" title, which was awarded posthumously. Abdullah al-Wiswasy will be remembered as one of the UAE's most influential and dedicated educators.

Know more about United Arab Emirates here:

https://brainly.com/question/30522709

#SPJ8

Increased flexibility in scheduling has become an important benefit for employers to offer because of:

Answers

Increased flexibility in scheduling serves as important benefit for employers to offer because of:

1)the increase in single parent homes

2)the increase in two-income families

Scheduling  serves as a process of arranging as well as  controlling and optimizing work when  carrying out a production process.

It is important for employers to have Increased flexibility in scheduling because of the rise in single parent home.

Learn more at:

https://brainly.com/question/9917659?referrer=searchResults

true or false. Indemnification is protection for owners and officers of a corporation against personal liability, so long as they are acting in their official capacity and reasonably?

Answers

Answer:

true

Explanation:

I've had this question

in preparation of standard cost we consider what situation macroeconomics or microeconomics???​

Answers

When preparing standard costs, we primarily consider microeconomics, which is the study of the behavior of individual consumers, firms, and industries. Standard cost is the estimated cost of producing a unit of product or service, based on historical data and budgeted costs.

It is used as a benchmark to compare actual costs with expected costs and to analyze the variances between them. In order to determine standard costs, we need to consider the cost of each individual input such as direct materials, direct labor, and overheads. This analysis is done at the microeconomic level because it involves the behavior and decision-making of individual firms and their interactions with suppliers, customers, and competitors.

The macroeconomic factors such as inflation, interest rates, and unemployment rates may also have an impact on the cost of production but these are generally outside the scope of standard cost analysis. Therefore, while macroeconomics can indirectly influence the cost of production, the focus of standard cost analysis remains on the microeconomic factors that affect the cost of individual inputs.

Overall, standard cost preparation involves a detailed microeconomic analysis to determine the estimated cost of producing a product or service, which is then compared with the actual costs to identify any variances and improve the cost efficiency of the firm.

For more such questions on standard costs

https://brainly.com/question/17177941

#SPJ11

Scientific management were more concerned with the problems at the.........a. operational b.High level​

Answers

Answer:

The correct option is a. operational level​.

Explanation:

Scientific management is a management theory that examines and combines workflows. Its fundamental goal is to increase economic efficiency, particularly worker productivity at thee operational level.

Operational level is a level at which operational activities of a business are carried out. Operational activities are company functions that are directly tied to supply of goods and/or services to the market. Basic business activities include producing, distributing, marketing, and selling a product or service.

Therefore, the correct option is a. operational level​. That is, scientific management were more concerned with the problems at the operational level​.

Explain the three main cloud delivery models. Select one model and research how a
particular business can leverage it for business advantage.

Answers

Answer:

The three main cloud delivery models are Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS).

IaaS provides businesses with access to virtualized computing resources such as servers, storage, and networking. It allows them to build and manage their own applications and infrastructure in the cloud. PaaS provides a platform for businesses to develop, deploy, and manage their own applications without worrying about the underlying infrastructure. SaaS provides access to applications hosted and managed by a third-party provider. It allows businesses to use software without installing or maintaining it themselves.

I choose IaaS

A business can leverage the IaaS model to gain a competitive advantage by quickly scaling up or down their computing resources per their business needs. This can be particularly beneficial for businesses with fluctuating demand or requiring significant computing resources for a short period. IaaS helps businesses avoid the costs associated with purchasing and maintaining their own hardware. Corporations also avoid the time and resources to set up and configure their infrastructure.

[You don't have to struggle with answers, essays, and research papers. Get them instantly from proffrank01[at]gm ail. c om. Score maximum points with outstanding papers. Cheers]

For instance, Airbnb has leveraged the IaaS model. As the company has grown rapidly, its computing needs have also increased, particularly during peak travel seasons. To handle the increased demand, Airbnb uses Amazon Web Services (AWS) to quickly scale up its computing resources as needed, allowing it to handle many users and bookings. Consequently, Airbnb avoids the costs and complexities of managing its own infrastructure. Furthermore, it ensures that its platform is always available and responsive to users.

Explanation:

The three main cloud delivery models are Software as a Service , Platform as a Service, and Infrastructure as a Service .

What are the cloud delivery models?

SaaS: In this model, a third-party provider hosts applications and makes them available to customers over the internet. Users can access the software through a web browser or a specialized application.

PaaS: In this model, the provider delivers a platform for customers to develop, run, and manage their own applications without having to build and maintain the underlying infrastructure.

IaaS: In this model, the provider offers virtualized computing resources over the internet, such as servers, storage, and networking.

Learn more about cloud on

https://brainly.com/question/19057393

#SPJ1

What should every potential investor secure first before starting an investment plan?​

Answers

Before you make any decision, consider these areas of importance:

Draw a personal financial roadmap. ...

Evaluate your comfort zone in taking on risk. ...

Consider an appropriate mix of investments. ...

Be careful if investing heavily in shares of employer's stock or any individual stock. ...

Create and maintain an emergency fund etc.

An example of a stakeholder in a company is a supplier.
Question 1 options:
True
False

Answers

The answer is true and there is more examples

Based on the information in the case, which of the following barriers and challenges to managing diversity that were identified in the text appear to have been present at LeasePlan?

Answers

Based on the information in the case, it was definitely NOT an atmosphere that discourages people from having different viewpoints. This is further explained below.

What is a case?

Generally, a case is simply defined as a single occurrence of a certain kind; a case in point.

In conclusion, It was most certainly NOT an environment that inhibits individuals from having alternative perspectives, given the facts of the case.

Read more about case

https://brainly.com/question/13409982

#SPJ1

How is the Sole Trading business financed?

Answers

Answer:

Sources of Finance for a Sole Trader

The sole trader can invest his own savings into his business for expansion. Retained Profit. A profitable business generates a positive net income every year. Sale of Assets.

1. By giving yourself a safety cushion on all sides of the vehicle you improve your ability to? 1. stop 2. maneuver 3. think 4. all of the above

Answers

Answer: 4

Explanation: All of the above

Where should you be on the focus-chaos scale to benefit from this course?

Answers

Based on the focus-chaos scale, to benefit from any course, you have to be on the left side of the scale.

What is the focus-chaos scale?

This is a scale that is used to describe the focus and planning attribute of different types of people.

The people on the left are in the focus section and then to organize their lives well and embarked on planned activities. Youl'll have to lean towards this side to benefit from most courses as they require you to be organized in your learning.

The right side has the chaotic people who may not be organized, but someone find a way to live life successfully. It is harder to pass courses using this.

The complete question wasn't given so I gave a general discussion.

Find out more on the benefits of planning ahead at https://brainly.com/question/22829786

#SPJ1

Write about three pages (750 words) on one of the following topics. In writing your essay, feel free to build on insights from the discussion boards. Drawing on insights from the religion module, compare and contrast how you imagine life to be different for a believer, an agnostic, and an atheist. Imagine a society without literature, music, visual arts, dance, and so forth. Reflect on what would be lost, what gained. I’ll evaluate your exams mainly by the following criteria: Originality of your ideas Development of thoughts Style of writing

Answers

A believer would find solace and guidance in their faith, deriving meaning and purpose from their religious practices.

What would be an agnostic's approach to life?

An agnostic would approach life with an open mind, seeking answers through rational inquiry and personal experience.

An atheist, lacking belief in deities, would rely on reason and evidence for understanding the world. In a society devoid of literature, music, visual arts, and dance, profound losses would occur.

The expressions of human creativity, emotional catharsis, and the exploration of diverse perspectives would vanish. Cultural richness, intellectual stimulation, and the shared human experience would be greatly diminished.

However, new avenues for innovation and problem-solving may emerge as attention shifts to other forms of knowledge and human endeavors.

Read more about essays here:

https://brainly.com/question/25607827

#SPJ1

9. What pointer appears when pointing to a hyperlink?

A. I-beam
B. Hand
C. Crosshair
D. Double arrow

Please help ASAP

Answers

Answer:

B. Hand

Explanation:

Hand pointer is a specific cursor, the one that looks like a hand, and with the index finger extended, like as it points to something.

The pointer shows the user the exact location of the cursor and helps him input the information.

The name pointer is given as it points the information to the user.

Taxes are costly to market participants because they
a. transfer resources from market participants to the government.
b. alter incentives.
c. distort market outcomes.
O d. All of the above are correct.

Answers

Considering the available options, Taxes are costly to market participants because All of the above is correct.

This is evident in that taxes are costly to market participants because they "transfer resources from market participants to the government."

The resources here are capital resources which come in the form of money.

Also, taxes are costly to market participants as it alters the incentives to buy or conduct business.

Again, taxes are costly to market participants because they alter or affect the market outcomes.

Hence, in this case, it is concluded that the correct answer is option D. "All of the above is correct."

Learn more here: https://brainly.com/question/19374874

6. The following data summarize the operations during the year. Prepare a journal entry for each transaction. A. Purchase of raw materials on account: $3,000 B. Raw materials used by Job 1: $500 C. Raw materials used as indirect materials: $100 D. Direct labor for Job 1: $300 E. Indirect labor incurred: $50 F. Factory utilities incurred on account: $700 G. Adjusting entry for factory depreciation: $250 H. Manufacturing overhead applied as percent of direct labor: 200% 1. Job 1 is transferred to finished goods J. Job 1 is sold: $3,000 K. Manufacturing overhead is over applied: $100​

Answers

A company's financial transaction must be recorded as a journal entry, which includes a debit and a credit.

These journal entries are used to record the following transactions:

A. Purchase of raw materials on account: $3,000 - Debit Raw Materials Inventory $3,000; Credit Accounts Payable $3,000

B. Raw materials used by Job 1: $500 - Debit Work-in-Process Inventory $500; Credit Raw Materials Inventory $500

C. Raw materials used as indirect materials: $100 - Debit Manufacturing Overhead $100; Credit Raw Materials Inventory $100

D. Direct labor for Job 1: $300 - Debit Work-in-Process Inventory $300; Credit Wages Payable $300

E. Indirect labor incurred: $50 - Debit Manufacturing Overhead $50; Credit Wages Payable $50

F. Factory utilities incurred on account: $700 - Debit Manufacturing Overhead $700; Credit Accounts Payable $700

G. Adjusting entry for factory depreciation: $250 - Debit Manufacturing Overhead $250; Credit Accumulated Depreciation $250

H. Manufacturing overhead applied as a percent of direct labor: 200% - Debit Work-in-Process Inventory $600; Credit Manufacturing Overhead $600

I. Job 1 is transferred to finished goods - Debit Finished Goods Inventory $500; Credit Work-in-Process Inventory $500

J. Job 1 is sold: $3,000 - Debit Accounts Receivable $3,000; Credit Sales $3,000; Debit Cost of Goods Sold $500; Credit Finished Goods Inventory $500

K. Manufacturing overhead is over-applied: $100 - Debit Cost of Goods Sold $100; Credit Manufacturing Overhead $100

In conclusion, a journal entry records a financial transaction by debiting one account and crediting another account. When preparing a journal entry, it's important to ensure that the total of debits equals the total of credits.

Know more about Financial transaction here:

https://brainly.com/question/28059483

#SPJ8

Refer to The Call of the Wild to answer the question.

The “call” for Buck to return to the wild is symbolized by which situation for John Thornton?

the flushing of his face from worry
the quest to get to the lost mine
the whispering to his friend for money
the wager on Buck to pull the sled

Answers

Answer:

the quest to get to the lost mine

Explanation:

"The Call of the Wild" is a film based on a novel. It tells the story of a dog named "Buck" whose life transitioned from a pampered life to a sled dog. His past owner was Judge Miller. However, one night, Buck was abducted and brought to Yukon. His life totally changed. He became a sled dog who was in charge of delivering mails under Perrault and Francoise. When the management changed, Buck and the pack were sold to Hal, a mean man who was in search for the lost mine. This mine was rumored to contain bundles of gold, but many people have actually died searching for it.

In the near end of the story, Buck travels with John Thorton in his quest to just live in the wild. However, that quest actually led them to the area where the golds were located. Then Buck met a white wolf, which signaled him to stay in the wild.

Answer:

B. The quest to get to the lost mine

Explanation:

Edge 2020... Correct Answer. I promise!

Once a new finding is published in a scientific journal, it is still only preliminary.
a. True
b. False

Answers

once a new finding is published in a scientific journal is it still only preliminary the answer is true


\(144x \div 25 - 3 + 56 \sqrt{223} \)

Answers

Answer:

\(\frac{144x}{25} - 3 + 56\sqrt{223}\)

Explanation:

Given

\(144x \div 25 - 3 + 56\sqrt{223}\)

Required

Simplify

The question is either incomplete or it is the solution to an existing question.

The question cannot be further simplified. However, a better way of writing the expression is:

\(\frac{144x}{25} - 3 + 56\sqrt{223}\)

or

\(\frac{144x - 75}{25} + 56\sqrt{223}\) ---- by taking the LCM

or

\(\frac{144x - 75 + 1400\sqrt{223}}{25}\) ---- by taking the LCM

Other than rewriting the expression, nothing else can be done

Suppose you are a euro-based investor who just sold Microsoft shares that you had bought six months ago. You had invested 10,000 euros to buy Microsoft shares for $120 per share; the exchange rate was $0.97 per euro. You sold the stock for $189 per share and converted the dollar proceeds into euro at the exchange rate of $0.88 per euro. First, determine the profit from this investment in euro terms. Second, compute the rate of return on your investment in euro terms. How much of the return is due to the exchange rate movement

Answers

a) The profit from the investment is 7,360 euros.

b) The rate of return is 73.6%.

c) The amount of the return due to the exchange rate movement is 1,610 euros.

Data and Calculations:

Investment in Microsoft Corporation = 10,000 euros

Price per share = $120

Exchange rate = $0.97 per euro

Number of shares bought = 80.93 shares (10,000 euros x $0.97)$120

Selling price per share = $189

Sales proceeds = $15,277.50 (80.93 x $189)

Sales proceeds in euro = 17,360.80 euros ($15,277.50/$0.88)

a) Profit from the investment = 7,360 euros (17,360.80 - 10,000)

b) Rate of return = 73.6% (7,360/10,000 x 100)

Profit from the investment based on an exchange rate of $0.97 = 15,750 euros ($15,277.50/$0.97)

c) Amount of the return due to the exchange rate movement = 1,610 euros (17,360 - 15,750).

Learn more about exchange rate movements and returns at https://brainly.com/question/17884420

Consider the organization you are currently working in and explain this organization from systems characteristics perspectives particularly consider objective, components (at least three) and interrelationships among these components with specific examples

Answers

Explanation:

I don't have direct knowledge of the organization you are currently working in. However, I can provide a general example to help illustrate the systems characteristics of an organization. Let's consider a fictional manufacturing company called "ABC Manufacturing."

Objective:

The objective of ABC Manufacturing is to efficiently produce and deliver high-quality products to its customers while maximizing profitability. The organization aims to maintain a competitive edge in the market by consistently meeting customer demands and optimizing its operations.

Components:

1. Human Resources: The employees of ABC Manufacturing form a crucial component. They include production workers, managers, engineers, and support staff. Each employee contributes their skills and expertise to ensure smooth operations. For example, production workers assemble products, engineers design new prototypes, and managers oversee the overall functioning of the organization.

2. Production Facilities: The physical infrastructure, including factories, warehouses, and equipment, is another vital component. These facilities house the production lines, machinery, and storage areas necessary for manufacturing products. The efficient functioning of the production facilities is essential to meet production targets and ensure the timely delivery of goods.

3. Supply Chain and Logistics: The supply chain component involves managing the flow of materials, resources, and finished products. This includes sourcing raw materials, coordinating with suppliers, inventory management, and distribution logistics. Effective supply chain management ensures that the right materials are available at the right time, minimizing delays and reducing costs.

Interrelationships among Components:

The components of ABC Manufacturing are interrelated and interconnected, forming a system that works together to achieve the organization's objectives. Here are a few examples of interrelationships among these components:

1. Human Resources and Production Facilities: The production facilities rely on the skills and efforts of the employees. Human resources ensure that the right talent is hired, trained, and deployed in the production process. They also provide support and maintenance services to ensure the smooth functioning of the production facilities.

2. Production Facilities and Supply Chain: The production facilities rely on the timely availability of raw materials from the supply chain. Efficient coordination between production and supply chain teams is necessary to maintain optimal inventory levels and avoid production delays.

3. Supply Chain and Human Resources: The supply chain team collaborates with human resources to forecast demand, plan workforce requirements, and align production schedules accordingly. Effective communication and coordination between these components ensure that the production process meets customer demand and avoids excessive inventory or stockouts.

By viewing ABC Manufacturing through a systems perspective, we recognize that the organization is a complex interplay of various components working together to achieve a common objective. Understanding the interrelationships and dependencies among these components helps in identifying areas for improvement and optimizing the overall performance of the organization.

Answer:Dashen Bank s.c is a company where I am working in it. The company’s objective is to maximize its profit and become from the lists in best class banks in Africa. To achieve this objective it has its own system which contains the following components

• A banking software called FLEXCUBE which is the core software which accomplishes the majority of the banking day to day activities e.g. cash withdrawal, cash deposit, account opening general leger account postings etc.

• CATPS(card application tracking and processing system) is a component of a system which is used to capture ATM card applications  and authorize the processed/ captured applications in order to produce the cards

• Amole admin/internet banking application is used to create an access to the customers such that user name and passwords and and link bank accounts so customers can transfer money, make payments at home.

The above listed components have interrelation each other. E.g. in order to produce cards using CATPS, the customer must have a bank account with precise customer data such that signature, photo etc. so these stated things  i.e. account opening, signature and photo uploading activities are processed by FLEXCUBE software. In the same manner, in order to get an access to the bank account using amole/ internet banking, the customer must have properly opened bank account with customer signature and photo which is also processed by using FLEXCUBE software.

Papa PePe's Pizza purchased a used pizza oven for $9785. The company makes a down payment of $1000 and agrees to 36 monthly payments of $278.45 per month. Find the total finance charge.

Answers

Answer:

$1,239.2

Explanation:

finance charge refer the cost of using credit funds. It is the total amount a borrower pays to lender on top of the amount borrowed.

In this case, the total amount the customer paid for the oven

The deposit $1000.00

Monthly installment; $278.45 x 36= $10,024.2

Total amount paid =$278.45 +$10,024.2

=11,024.2

finance charge =  total amount paid - cost of the item

= $11,024.2 - $9,785.

=$1,239.2

a group that managers or nonmanagerial employees form to help achieve their own goals or meet their own needs is called a(n)

Answers

A group that managers or nonmanagerial employees form to help achieve their own goals or meet their own needs is called a(n) informal group.

What is an informal group?

An informal group is one that has no organizational control over it and is typically created by its members out of a desire for social interaction.

There are folks that share rides, play together, eat lunch together, and possibly even work together. These unofficial groupings originate for a variety of reasons, including shared hobbies, a common language, or other interpersonal ties.

Formal Groups are those formed by the organization with the intention of carrying out a certain task. Informal Groups are those formed by employees only for their own benefit.

Read more on informal groups here: https://brainly.com/question/13755793

#SPJ1

What is the main problem here for technology companies?

Answers

Answer:

they lack appropriate tools

Explanation:

due to lack of money

Lack of ethics is the main problem for technology companies. So, option d. is correct.

Tech companies are actually experiencing a tricky and singular situation that Lack of ethics is the main challenge they are facing.  As the tech industry continues to grow, especially after the covid 19, it is important for tech companies to be mindful of this issue and to take steps to address them.

for example, Data privacy and security. Tech companies have been criticized for their handling of user data, and for not doing enough to protect user privacy.

So, only lack of ethics is a common problem in technology companies. The correct option is d. lack of ethics.

Learn more about technology companies, here:

https://brainly.com/question/17302715

#SPJ6

This is an incomplete question. so, probably the complete quetion is given below:

What is the main problem here for technology companies?

a. Hostile work environments

b.Poor growth

c.Ambiguous performance evaluations

d.Lack of ethics

e.Skewed employee demographics

Determine the missing amount:
Assets=Liabilities+owners Equity x 272000 573000

Answers

Based on the given amounts of assets and liabilities, the missing amount of Owner's equity is $301,000

How to find the equity?

The Owners equity is one of the parts of the Accounting equation which is:

Assets = Liabilities + Owners Equity

The Assets in this instance is $573,000 and the Liabilities are $272,000.

The Owner's equity is the missing amount and it can be found as:

573,000 = 272,000 + Owners Equity

Owners Equity = 573,000 - 272,000

Owners Equity = $301,000

Find out more on owner's equity at https://brainly.com/question/28222828

#SPJ1

Margaret incurred one personal casualty loss caused by a federally declared major disaster in 2019. The amount of the loss, after all reimbursements had been subtracted, is $2,500. Margaret's AGI is $35,000. What is the amount of her casualty loss deduction

Answers

Answer:

$0

Explanation:

There are two Step for the computation of casualty loss deduction if the casualty loss is personal

Step 1  Reduce $100 per casualty event from the casualty loss

Step 2 Reduce 10% of the AGI from the amount you get from step 1

Data

Loss = $2,500

AGI = $35,000

Deduction =?

Solution

Step 1 =  $2,500 - $100 = $2,400

Step 2: $2,400 - ($35,000 x 10%) = $0

If the amount in step 2 is $0 then the person is not eligible for casualty loss deduction  

Define the six sources of business law​

Answers

Answer:

Explanation:

Sources of law are the origins of laws, the binding rules that enable any state to govern its territory. The term "source of law" may sometimes refer to the sovereign or to thUS Constitution. Constitutional law governs the interpretation of the US Constitution and its statutes.

Federal Statutes. Statutory law is the body of written laws that have been passed by the US Congress.

Common Law. US common law is also called case law. ...

Regulations of Federal Agencies. ...

International Treaties. ...e seat of power from which the law derives its validity.

Selecting a CD. Casey has $1,000 to invest in a certificate of deposit. Her local bank offers her 2.5% on a 12-month FDIC-insured CD. A nonfinancial institution offers her 5.2% on a 12-month CD. What is the risk premium

Answers

Answer: 2.7%

Explanation:

A risk premium simply means the investment return thstna particular asset will be expected to yield which is in excess of the assets risk-free rate of return.

The risk premium will be:

= Total return - Risk free rate

= 5.2% - 2.5%

= 2.7%

Therefore, the risk premium is 2.7%.

Suppose Mike wants to pay efficiency wages to help in the construction of his beach home. If the prevailing wage rate for electricians is $30 per hour in his area, he will probably pay
a. $33
b. $18
c. $26
d. the minimum wage

Answers

Answer:

The answer to the question is c

Mike will probably pay $33 per hour because efficiency wage theory advocates that the paying your workers higher than the market wage for their role in order to improve their productivity. So, the correct option is (A).

What do you understand by the Efficiency wage theory?

According to the efficiency wage principle, employers should pay their employees well enough to encourage productivity and keep highly competent people on staff.

Efficiency wages are a level of pay given to employees above the minimum wage in labor economics in order to keep a skilled and productive workforce.

Efficiency wage theory contends that these higher rates really raise overall productivity and profitability for a firm over the long term, which helps to explain why businesses appear to overpay for workers.

Therefore, Mike will probably pay $33 per hour because efficiency wage theory advocates that the paying your workers higher than the market wage for their role in order to improve their productivity.

To learn more about the Efficiency wage theory, visit:

https://brainly.com/question/13782323

#SPJ6

Trevor Company discloses supplementary operating segment information for its three reportable segments. Data for 20X8 are available as follows:
Segment A Segment B Segment C
Sales $500,000 $300,000 $200,000
Traceable operating
expenses 250,000 120,000 90,000
Allocable costs for the year was $180,000. Allocable costs are assigned based on the ratio of a segment's income before allocable costs to total income before allocable costs. The 20X8 operating profit for Segment B was:_______.
A) $180,000.
B) $120,000.
C) $126,000.
D) $110,000.

Answers

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Segment A Segment B Segment C

Sales $500,000 $300,000 $200,000

Traceable operating expenses 250,000 120,000 90,000

Profit= 250,000  180,000  110,000  = 540,000

Allocable costs for the year was $180,000.

First, we need to allocate costs to Segment B:

Segment B= 180,000/540,000= 0.33

Allocate= 0.33*180,000= 60,000

Now, we can calculate the profit:

Segment B profit= 180,000 - 60,000= 120,000

Other Questions
Find each missing value on the trapezoids below The symbols IA, IB, and i represent blood types A, B, and O respectively, where I stands for dominant and i stands for recessive. Which Punnett square represents the cross between a woman with both A and B antigens and a man that has neither A nor B antigens? Which of the following does the graph show?Question 8 options:x 2x > 2x < 2x 2 At speeds approaching C, the relativistic momentum must be used to calculate the deBroglie wavelength. (a) Calculate the wavelength of a relativistic electron moving at 0.960c. (b) In order to probe the internal structure of the nucleus, electrons having a wavelength similar to the size of the nucleus can be used. In GeV, what is the kinetic energy of an electron with a wavelength of 1.0 fm, or 1.0 x 10 m? Which of the following is NOT true about Section 10A of the Securities Exchange Act of 1934?A. Section 10A imposes duties on auditors to detect and report illegal acts committed by their clients.B. Once the auditor reports the illegal act to the board of directors, the board of directors must inform the Securities and Exchange Commission of the auditor's conclusion within seven business days.C. Unless an illegal act is "clearly inconsequential," the auditor must inform the client's management and audit committee of the illegal act.D. Under Section 10A, an illegal act is defined as an "act or omission that violates any law, or any rule or regulation having the force of law."E. If management fails to take timely and appropriate remedial action, the auditor must report the illegal act to the client's full board of directors if (a) the illegal act will have a material effect on the client's financial statements and (b) the auditor expects to issue a nonstandard audit report or intends to resign from the audit engagement. f f(x) = 5x + 40, what is f(x) when x = 5?98715 the nurse provides care for an older adult client, diagnosed with anemia, who has a hemoglobin of 9.6 g/dl and a hematocrit of 34%. to determine the cause of the clients blood loss, which is the priority nursing action? The space between leaves on a stem is called Add or subtract each fraction and write it as a decimal in simplest form 2+ 15/84- 1/3 Show that the following conditions are equivalent: (i) I is an ideal of R. (ii) 12 - +1s = 0s. (iii) o is a ring homomorphism. Please answer this correctly without making mistakes f. in your own words, explain how establishing an allowance account satisfies the expense recognition principle. Determine the item that would be represented by the independent variable in this situation. Candice picked strawberries to make jam for the fair. each jar of jam requires 25 strawberries. If she wants to make 50 jars of jam, how many strawberries must Candice pick?a. Candiceb. Strawberriesc. Jarsd. Fair Which activity can you perform in QuickBooks Online Payroll If QuickBooks Time is integrated? 13. James wants to make homemade trail mix. If peanuts are $6/lb and M&M's are $3/lb, write an equationin standard form to represent the number of pounds James can buy of each ingredient if he has $36 to spend.What if he decides to buy all M&M's...how many pounds can he afford to buy? what are the 3 phases of matter? What are the answers? If two triangles have two pairs or corresponding angles and three pairs are corresponding sides that are congruent then the two triangles are congruent Bagel's food had to change the labeling on their products to meet the specification regarding vegetarian and non-vegetarian foods, set by the government in the Japanese market. They also had to mention the ingredients in Japanese to make it clear for the local customers. The component of the product that is the focus in the above scenario is the ______ Is salt more or less dense than water?