A firm wishes to shut down an office and fire 100 employees. The company will save $3000 per month per employee. It is estimated that each employee contributes $4,100 to the company. The firm rents office space for this group of employees at $1500. What should the company do

The multiple choices are as follows:

a.Fire the employees and save $1500 on rent

b.Not fire the employees keeping them generates a profit of $1100 per employee

c.Not fire the employees since keeping them generates a profit of $1085 per employee

d.None of the above

The correct option is C,not fire the employees since keeping them generates a profit of $1085 per employee

Explanation:

The cost of paying all 100 employees is $300,000 i.e ($3000*100)

Since each employee contributes $4,100 to the company bottom-line,all of them would contribute $410,000 as a whole.

The rent of office of $1,500 is also a cost to consider as shutting down would mean rent is no longer paid

Profit from employees=$410,000-$300,000-$1,500=$108,500

Profit per employee=$108500 /100=$1085

The question is incomplete. Here is the complete question

A firm wishes to shut down an office and fire 100 employees. The company will save $3000 per month per employee. It is estimated that each employee contributes $4,100 to the company. The firm rents office space for this group of employees at $1500. What should the company do

a. Fire the employees and save $1500 on rent

b. Not fire the employees keeping them generates a profit of $1100 per employee

c. Not fire the employees since keeping them generates a profit of $1085 per employee

d. None of the above

Not fire the employees since keeping them generates a profit of $1085

Explanation:

The amount of money contributed by each employee in the company is $4,100

The amount of expenses made is $3,000

Fixed costs can be calculated by dividing the amount of money used in purchasing the office space by the total number of employees

= 1500/100

= $15

Therefore, the earnings made from each employee is

= $4,100-$3,000-$15

= $1085

Hence since the company is making a profit of $1085 per employee then there is no need to fire them.

better off having an absolute

answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.