Questions
How would you expect the following changes to affect the prevailing wage and employment of servers...

How would you expect the following changes to affect the prevailing wage and employment of servers in restaurants? Explanation and graph for all.

a. The pandemic reduces demand for restaurant meals.

b. New techniques reduce the amount of time servers need to take each order.

c. In order to raise more revenue, the government imposes a new payroll tax on restaurants. (That is, the government requires that restaurants pay some amount of money to the government for each worker they employ.)

d. Worse job prospects elsewhere in the economy cause more people to want to become servers.

In: Economics

Some people argue that government-owned enterprises do not perform as well as private enterprises. Specifically, government-owned...

Some people argue that government-owned enterprises do not perform as well as private enterprises. Specifically, government-owned enterprises cannot efficiently allocate resources used in the production process. Do you agree with this view? Please use economic theories to explain in detail why you think this is correct or why this statement is not reliable. In your explanation, please make a comparison between a government-owned company and a private company in the same industry to support your argument. You may compare the operating revenue, costs, etc. of the two companies.

In: Economics

A firm can produce orange juice in the US and ship it to Japan at a...

A firm can produce orange juice in the US and ship it to Japan at a cost of $1.75/unit. They want to sell it with a 50% markup (50% higher than their cost), and the yen/US$ exchange rate is 111.11.

1) At what price would they sell it in Japan (in yen)?

2)What is their US$ profit?

Now suppose the $ appreciates from ¥/US$ 111.11 to ¥120/US$ prior to payment.

3) What is the new US$ revenue and profit?

4) How does it compare with what the company was expecting?

5) What might the company have done to protect itself?

In: Finance

Select one (1) U.S. publicly traded company and review its most recent Annual Report. Use the...

Select one (1) U.S. publicly traded company and review its most recent Annual Report.

Use the Income Statement and Balance Sheet to determine the changes in:
assets, liabilities, and equity
total revenue and net income.

Briefly describe the change from the current and prior years in each of these key areas and determine if the changes would be positive or negative from an investor / stockholder's view.

I am stuck because I do not know how to find the income statements and balance sheets of stocks and in doing so how to describe changes year to year.

In: Finance

Charlotte Computer Services is considering purchasing equipment at $100 000. It is anticipated the equipment will...

Charlotte Computer Services is considering purchasing equipment at $100 000. It is anticipated the equipment will have a useful life of five years. It will be depreciated on a straight-line basis. Operating revenue is expected to be $74 000 per annum and operating expenses $25 000 per annum. The equipment is subject to an investment allowance of 10 per cent and the tax rate is 30 per cent. The after-tax hurdle rate is 12 per cent.
a) The reduction in tax due to the investment allowance is?
b) What is the tax effect of the depreciation?
c) What is the Net Present Value of the investment?

In: Accounting

A car manufacturer is offering the following incentive with any purchase of its new 2019 mid-...

A car manufacturer is offering the following incentive with any purchase of its new 2019 mid- size sedans at one of its affiliated dealerships. The vehicle sells for $24,000. Free maintenance services for 2 years at the dealership

Assume there are no other promotions running during this time. The car manufacturer estimates that the normal selling price for the maintenance services it will provide to customers, on average, over the two year period under this promotion is $1,000. Assuming the customer pays $24,000 for the vehicle, how much revenue is recognized on the sale date? You can ignore the time value of money.

In: Accounting

If the government follows an income tax system in which personal income up to and including...

If the government follows an income tax system in which personal income up to and including
K2500 is not taxed, income of K2501 to K5000 is taxed at 10%, and income over K5000 is
taxed at 25%.
a) What is the marginal tax rate for a family earning income equal to K6000?
b) What is the average tax rate for a family earning income equal to K6000?
c) How much revenue will the government raise from an individual earning K6000?

d) What type of tax system prevails in this economy? Explain.
e) Distinguish between tax elasticity and tax buoyancy.

In: Finance

I Prepare an Income Statement, Statement of Owner’s Equity and Balance Sheet Steve Austin’s Company Adjusted...

I

Prepare an Income Statement, Statement of Owner’s Equity and Balance Sheet

Steve Austin’s Company

Adjusted Trial Balance

As at December 31, 2017

Cash

$4,000

Account Receivable

5,300

Prepaid Expenses

420

Equipment

12,400

Accumulated Depreciation

$2,200

Accounts Payable

800

Notes Payable

3,070

Steve Austin, Capital

13,000

Steve Austin, Drawing

800

Revenue

11,800

Wages Expenses

2,450

Rent Expenses

1,900

Utilities Expenses

1,475

Depreciation Expenses

1,150

Miscellaneous Expenses

975

Totals

30,870

30,870

In: Accounting

•Burnout Batteries •Initial Cost = $36 each •3-year life •$100 per year to keep charged •Expected...

•Burnout Batteries

•Initial Cost = $36 each

•3-year life

•$100 per year to keep charged

•Expected salvage = $5

•Straight-line depreciation

•Long-lasting Batteries

•Initial Cost = $60 each

•5-year life

•$88 per year to keep charged

•Expected salvage = $5

•Straight-line depreciation

The machine chosen will be replaced indefinitely and neither machine will have a differential impact on revenue. No change in NWC is required.

The required return is 15%, and the tax rate is 34%.

Which battery should be chosen?

In: Finance

I have identified Walmart's Neighborhood Market, a subsegment of Walmart, as an oligopolistic market structure. I...

I have identified Walmart's Neighborhood Market, a subsegment of Walmart, as an oligopolistic market structure.

I need to answer the following:

Assess how this type of market structure impacts Neighborhood Market's financial performance as measured by performance variables over the past three years. Support your response with data and graphs illustrating two performance variables of your choosing (e.g., sales, net income, stock price) over time.

I want to focus on Revenue and Stocks and Earnings Per Share as the two variables

Cited resources and scholorarly studies are appreciated.

In: Economics