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morpeh [17]
2 years ago
12

Hector is philosophically opposed to unions. "Why should I be required to join an organization I don't agree with, or pay a fee

to support it financially?" he asked some of his buddies who belong to the union. 'I thought this was a free country, but I don't feel very free when I'm told that I'll lose my job if I don't join the union. It just isn't fair." Hector's comments suggest that he favors a(n)_____________ shop arrangement.
Business
1 answer:
AnnyKZ [126]2 years ago
3 0

Answer:

Open

Explanation:

Open shop arrangement is the term which is defined or described as the office, factory or other kind of business establishment in which the union, which is selected or elected through a majority of the employees, that later act as the representative of all the employees while making the agreements with the employer.

So, in this case, the Hector is against the or opposed ton unions. Therefore, the comments of the Hector states that he is in favor of an open shop arrangement.

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Moore’s Inc. will be making lease payments of $3,895.50 for a 10-year period, starting at the end of this year. If the firm uses
labwork [276]

Answer:

PV of lease annuity is $25000

Explanation:

As the paymengt will be made at the end of the year, the annuity is an ordinary annuity. We will calculate the present value of the ordinary annuity using the following formula,

PV Annuity = PMT * [( 1 - (1+r)^-n) / r]

Where,

  • PMT is periodic payment
  • r is discount rate per peiod
  • n is number of periods

Thus,

PV of annuity = 3895.5 * [( 1 - (1+0.09)^-10) / 0.09]

PV of annuity = $24999.985 rounded off to $25000

7 0
2 years ago
Hudson, Inc. is a calendar-year corporation. Its financial statements for the years 2021 and 2020 contained errors as follows: 2
lubasha [3.4K]

Answer:

$3,000 understated

Explanation:

The computation of the working capital in case of no correcting entries made is shown below:

= Depreciation Expense for 2020 - depreciation expense for year 2021 - ending inventory for 2021

= $18,000 - $6,000 - $9,000

= $3,000 understated

While there is no additional errors occurred and no correcting entries passed so in this the $3,000 is understated by above calculation

6 0
2 years ago
Timothy is planning the pricing strategy for his company’s products. He is directed by the management to add a premium (amount a
marissa [1.9K]

Answer:

A.sell the product at a much higher price (than the market price), and then offer a discount

4 0
2 years ago
Trueware Corporation is a start-up firm with a capital structure that includes 25 percent debt. Trueware has no preferred stock.
defon

Answer:

$1.53

Explanation:

Calculation to determine the difference in earnings per share (EPS) for the capital structure

Debt = 0.25 × Total assets = 0.25 × $500,000

Debt= $125,000

Equity = (1 − 0.25) × Total assets = 0.75 × $500,000

Equity = $375,000

Net income (NIRuby) = [EBIT - (Cost of debt × Total debt)] × (1 - Tax rate)

Net income (NIRuby) = [$80,000 - (0.10 × $125,000)] × (1 - 0.3)

Net income (NIRuby= $47,250

EPSRuby = Net income/Number of shares outstanding

EPSRuby = $47,250/22,000 shares

EPSRuby= $2.15 per share

Net income (NIEmerald) = [EBIT - (Cost of debt × Total debt)] × (1 - Tax rate)

Net income (NIEmerald) = [$32,000 - (0.10 × $125,000)] × (1 - 0.3)

Net income (NIEmerald) = $13,650

EPSEmerald = Net income/Number of shares outstanding

EPSEmerald = $13,650/22,000 shares

EPSEmerald= $0.62 per share

Difference between the earnings per share = $2.15 - $0.62

Difference between the earnings per share= $1.53

Therefore the difference in earnings per share (EPS) for the capital structure is $1.53

5 0
2 years ago
Strategically , a company may phase out or sell an sbu. this is known as
sdas [7]
Strategically, a company may phase out or sell an SBU this is known as DIVESTMENT.
Divestment is the process of selling an asset to obtain financial goals. Divesting involves a company selling its assets to improve its value and obtain higher efficiency.

6 0
2 years ago
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