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valina [46]
1 year ago
12

Mark and Amy hold the same position at an organization. However, Mark is paid more than Amy. According to the Equal Pay Act of 1

963, what will strengthen the fact that the pay difference is a legal one?a. Mark is more skilled than Amy because he is a male.b. Amy is not an American citizen.c. Mark is younger than Amy.d. Amy is pregnant.e. Mark works the night shift.
Business
1 answer:
sweet [91]1 year ago
5 0

Answer:

(e)

Explanation:

The Equal Pay Act requires that men and women be given equal pay for equal work in the same establishment. The jobs need not be identical but they must be substantially equal.

Differences in pay under Equal Pay Act , 1963 are permitted only when they are based on grounds of seniority, merit, quantity or quality of production. These are known as affirmative defenses and it is employer's duty to prove that they apply.

Pay discrimination based upon gender or pregnancy is prohibited under Equal Pay Act.

The only factor which can strengthen the differential pay scale can be of Mark working in the night shift.

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York’s outstanding stock consists of 80,000 shares of cumulative 7.5% preferred stock with a $5 par value and also 200,000 share
7nadin3 [17]

Answer:

Dividend Each Year shall be

Year                2015          2016           2017           2018

Preference    $20,000    $28,000    $42,000    $30,000

Equity             $0              $0             $158,000    $320,000

Total Dividend

Preference = $120,000

Equity = $478,000

Explanation:

When the preference dividends are cumulative in nature the dividends shall be paid each year of the rate specified, in case not paid the, it is carried forward.

In the given case, preference dividend = 80,000 shares \times $5 \times 7.5% = $30,000

<u>Thus, in 2015</u>

Dividend to preference = $20,000

Dividend to Equity = $0

Also $30,000 - $20,000 = $10,000 shall be carried forward.

<u>2016</u>

Dividend to preference = $10,000 Arrears

Current year = $28,000 - $10,000 = $18,000

Carry forward = $30,000 - $18,000 = $12,000

Dividend to Equity = $0

<u>2017</u>

Dividend to preference = $12,000 Arrears

Current year = $30,000

Dividend to Equity = $200,000 - $30,000 - $12,000 = $158,000

<u>2018</u>

Dividend to preference = $30,000

Dividend to Equity = $350,000 - $30,000 = $320,000

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Bensen Co. paid a dividend of $5.25 on its common stock yesterday. The company's dividends are expected to grow at a constant ra
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Answer:

I would purchase the share as he actual value is more than its current market price

Explanation:

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present dividend is $5.25

growth rate is 8.5%

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in determining the actual value of the stock we the stock price formula below:

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In actual terms the stock should be selling for $81.43, hence a buy decision at $78.50 would be a welcoming as the stock is selling beyond its real worth.

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