Answer:
$311,100
Explanation:
Solution
Let's remember the following details:
The assumption is that Chester Corp has reduced its workforce by = %
The estimated cost of exit interviews = 100
Normal separation expenses = $5000
Now,
The total number of employees = 305
The reduction in workforce = 20%
So,
The number of employees being laid off = 305 x 20% = 61 individuals
Thus,
The separation expense per employee = $5000
Cost for exit interviews = $100
Total expense per individual = $5,100
Now,
The overall separation cost = 61 individuals x total separation cost per employee
That is,
= 61 x 5100 = $311,100
The expected cash balance at the end of February is $113,300.
Answer:
a. 30 units of corn and 30 units of wheat.
Explanation:
In a scenario involving two products across two nations, international trade fosters specialization. Each country focuses on producing the good for which it has a comparative advantage. In this context, Freedonia will solely grow corn while Sylvania will exclusively cultivate wheat. Each nation will continue to consume its own amount of these goods, but will trade surplus products for the other's goods. Freedonia's workforce will be entirely dedicated to corn production, yielding 60 units of corn annually with 10 workers (6 units each). Conversely, Sylvania will employ 10 workers to produce 60 units of wheat annually.
However, Freedonia will continue to consume 30 units of corn, allowing for 30 units available for trade with Sylvania. Similarly, Sylvania will also maintain its consumption at 30 units of wheat, resulting in 30 units of wheat available for trading with Freedonia.
If prices are equal for both products, Ricardo’s theory suggests total consumption will rise in both nations, benefiting consumers. Freedonia will still consume 30 units of corn while also acquiring 30 units of wheat through trade. Consequently, consumers will be better off, gaining 20 additional units of wheat compared to before, without sacrificing any corn units.
Answer:
Cumulative cash flow - $420
Net cash flow
January = $100
February= $150
March= $90
April -$55
May = $25
June -0
Explanation:
January - February - March - April - May - June
Sales receipts 300 350 300 350 400 300
Expenditures (200) (200) (210) (295) (375) (300)
Net cash flows 100 150 90 55 25 0
Total cash balance = $420
