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Viefleur [7K]
2 years ago
10

Steven Diaz just took a job with Harley Davidson. As part of his employment agreement, Harley Davidson required Steven to sign a

n agreement, which states that if he leaves Harley Davidson, he will not work for a firm or begin his own firm that competes against Harley Davidson for at least two years. The agreement that Steven signed is called a ________ agreement.
Business
1 answer:
il63 [147K]2 years ago
5 0

Answer:

Non-compete

Explanation:

A non-compete agreement is when an emoloyee agrees not to enter into or start a similar profession in competition against her employer.

Majority of agreements stipulated the length of time an employee isn't allowed to enter into or start a similar profession in competition against her employer.

I hope my answer helps you

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Suppose the supply curve for wool mittens is represented​ as: Q​ = 50​ + 1/2X​ - 5Y​ - 24Z. Which one of the following statement
natali 33 [55]

Answer:

C) The variable Y could be the price of the wool used to make mittens.

D) The variable X could be consumers income.

Explanation:

quantity supplied = 50 + 1/2X - 5Y  -24Z

In this equation if X increases, then the quantity supplied increases. Therefore X can either be the product's price or consumer income.

In this equation if Y or Z increase, then the quantity supplied decreases. Therefore Y or Z are production costs, either labor or materials.

4 0
2 years ago
Tyare Corporation had the following inventory balances at the beginning and end of May:
densk [106]

Answer:

The correct answer is option (b) $5400

Explanation:

Solution

Calculation of the cost of direct material on May 1

Now,

The starting work In process inventory = Direct materials Cost  + Direct labor  Cost + Manufacturing overhead applied on W.I.P

13,500 = Direct materials cost  + 4500 + 3600

Thus,

Direct material cost = 13500 - 4500-3600 = $5400

Note:  Direct labor cost = 300 * 15 = $ 4500

The manufacturing overhead = 300 hour *  $12 = $ 3600

So, only expenses associated to work in process will be considered, hence only direct labor and manufacturing overhead are used to work in process are considered.

8 0
2 years ago
In 2004, researchers Marianne Bertrand and Sendhil Mullainathan sent fictitious resumes in response to employers' help-wanted jo
Neporo4naja [7]

The results of this study indicate that employment decisions of some employers might not be status blind and could indicate illegal discrimination under Civil Rights Act of 1964.

<u>Explanation:</u>

An important act in US is The Civil Rights Act of 1964. This law came into act on 2nd July, 1964. This law has rules and regulations that are against the inequalities and discrimination that prevails in schools, public areas and also in employment areas. The inequality may be based on the gender, nationality, religion,race or color.

In the example given, the discrimination of employment occurs based on the names that belongs to white and black. It has been stated that the names related to whites will get 50% of callbacks when compared to the names of the blacks. Hence, the decisions that are taken by the employers should not be status blind  and this illegal inequalities comes under Civil Rights Act of 1964.

8 0
2 years ago
Devlin Company has two divisions, C and D. The overall company contribution margin ratio is 30%, with sales in the two divisions
maks197457 [2]

Answer:

b. $100,000

Explanation:

Devlin Company

Calculation for Total company contribution margin

= $500,000 × 30% = $150,000

Calculation for Total company variable expenses

= $500,000 − $150,000 = $350,000

Division C contribution margin ratio

= (Sales − $300,000) ÷ Sales = 0.25

Sales − $300,000 = 0.25 × Sales

(0.75 × Sales) ÷ 0.75 = $300,000÷ 0.75

Sales = $400,000

Therefore Division D sales = Total company sales − Division C sales

= $500,000 − $400,000 = $100,000

Calculation for each Divisions

Total Company Division C Division D

Sales$500,000$400,000$100,000

Less variable expenses$350,000 $300,000 $50,000

Contribution margin $150,000 $100,000$ 50,000

Contribution margin ratio 0.30 0.25 0.50

6 0
2 years ago
Bermuda Triangle Corporation (BTC) currently has 590,000 shares of stock outstanding that sell for $92 per share. Assume no mark
Alex Ar [27]

Answer:

a. The share price will be = $92 * 3 / 5 = $55.2

The number of shares will be = 590,000 shares * 5/3 = 983,333 shares

b. The share price will be $92 / 1.14 = $80.70175 = $80.70

The number of shares will be = 590,000 * 1.14 = 672,600 shares

c. The share price will be = $92 / 1 .40 = $65.714286 = $65.71

The number of shares will be = 590,000 * 1.4 = 826,000 shares

d. The share price will be = $92 * 7 / 4 = $161

The number of shares will be = 590,000 * 4 / 7 = 337,143 shares

4 0
2 years ago
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