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Step2247 [10]
2 years ago
14

One of the problems unions are experiencing today is the reluctance of autoworkers in southeastern United States to join unions.

In a few instances, when the Auto Workers Union (AUW) gathered enough employee signatures to call for a union certification election, the employees have voted against unionization. Who conducted this election?a. union representation
b. union administrative

c. labor bargaining

d. union shop

e. union certification
Business
1 answer:
Ne4ueva [31]2 years ago
4 0

Answer: D. the National Labor Relations Board

Explanation:

The <em>National Labor Relations Board </em>as empowered by the <em>National Labor Relations Act of 1935</em> has the responsibility to hold elections where workers will decide if they want to join a union or rather be represented by one.

For a Union to approach the Board for an election, it need to show sufficient evidence of support for such an election from the workers they wish to represent which is why the Auto Workers Union (AUW) had to gather enough employee signatures.

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Country A has an absolute advantage over Country B in the production of both soybeans and corn. Explain a scenario in which both
Genrish500 [490]
This is a key idea with international trade.  This involves what is known as comparative advantage.
let's say country A can produce a ton of soybeans in 4 hours and a ton of corn in 2 hours.  While country B can produce a ton of soybeans in 15 hours and a ton of corn in 5 hours.  
Looking at this set up you can see that country A can produce both corn and soybeans faster, so they have an absolute advantage in both!
However what trade is based on is opportunity cost.  So if we think about how much corn country A has to give up to produce soybeans, they have to divert a total of 4 hours from corn to soy beans to produce one ton of soy beans.  That 4 hours could be used to produce 2 tons of corn (since 2 hours for 1 ton and we're taking away 4 hours!).  So opportunity cost of soybeans in country A is 2 corn.
In country B they would need a total of 15 hours to produce one extra ton of soybeans, but those 15 hours could instead be used to produce 3 tons of corn (5 hours per ton and we're stealing 15 total hours).  That means country B's opportunity cost is 3 corn.
Since A has a lower opportunity cost in produce soybeans they will specialize and B will specialize in corn.  
3 0
2 years ago
H&amp;M has adopted the inventory management system that delivers less merchandise on a more frequent basis than in traditional
EastWind [94]

Answer:

The correct answer is the option B: Quick response (QR)

Explanation:

To begin with, a <em>quick response inventory system</em> involves the intention of shorten the lead time from receiving an order to delivery of the products and increase the amount of cash flow. Moreover, this system focuses primarily in the reduction of the time that the stuff is stuck in the inventory in order to avoid the low stock rotation and in that way to try to increase the sales that the company has. And in that way the company can receive the merchandise in time in order to sale it or to use it for another product.

4 0
2 years ago
Read 2 more answers
Jiminy's Cricket Farm issued a 30-year, 6.3 percent semiannual bond eight years ago. The bond currently sells for 110 percent of
pentagon [3]

Answer:

Explanation:

a.)

Book value of debt is the debt amount in Jiminy's Cricket Farm's balance sheet on the liabilities section. Total book value of debt is calculated by be the summing up of the book values of the two bonds this company has.

Book value of 30 year bond = $135,000,000

Book value of the Zero-coupon bond = $65,000,000

Total book value of debt = $135 + $65 = $200,000,000

b.)

Total market value of debt will be the sum of market values of the two bonds this company has. It is calculated by multiplying the current price of the bond by the number of outstanding bonds.

market value = Price * number of bonds

<u>30 year bond;</u>

Number: 135,000,000/1000 = 135,000 bonds

Market value = 1.10 * 1000 *135,000 = $148,500,000

<u>Zero-coupon bond;</u>

Number: 65,000,000/1000 = 65,000 bonds

Market value = 0.643 * 1000 *65,000 = $41,795,000

Total market value of debt = $148,500,000 + $41,795,000 = $190,295,000

c.)

Aftertax cost of debt is the adjusted interest rate paid on debt because of the benefit of tax shield due to leverage. Since there are two bonds, find the average of the two rates to get after tax cost of debt.

You can find the Pretax cost of debt first. Using a financial calculator, input the following;

<u>30 year bond;</u>

N = 30*2 = 60

PV = -148,500,000

PMT = (6.3%/2)* $135,000,000 = 4,252,500

FV = $135,000,000

then compute semiannual rate; CPT I/Y = 2.804%

Convert to annual rate = 5.607% (this is the pretax cost of debt)

<u>Zero-coupon bond;</u>

N = 12

PV = -$41,795,000

PMT = 0

FV = $65,000,000

then CPT I/Y = 3.749%  (this is the pretax cost of debt)

Next, find the average pretax cost of debt =  (5.607% + 3.749%) /2 = 4.678%

After tax cost of debt = pretax cost of debt (1-tax)

After tax cost of debt = 4.678% (1-0.22) = 3.65%

7 0
2 years ago
Cost-Volume Profit Analysis Recline Company is planning to produce and sell 11,250 units of its only product at a unit price of
Anarel [89]

Answer:

Calculate Recline’s contribution margin ratio.  

Contribution Margin RATIO  34%

Calculate the break-even point in sales dollars for Recline.    

Break-Even Point  $1.030.556

Explanation:

  • The contribution margin it's determined by the total amount of Gross Profit divided by the total value of sales. To this case $405,000/$1,192,500 = 34%

      Income Statement

11.250       Quantities

$106          Unit Price

$1,192,500 Sales

-$787,500 Cost of goods sold

$405,000 Contribution Margin  34%

-$281,250 Fixed Cost

$123,750 Operating Income

  • The Break Even point it's when the Operating Income is equal to zero, it means the lowest level of sales the company can afford and not loss money.

 BREAK EVEN POINT

9.722        Quantities

$106         Unit Price

$1,030,556 Sales

-$787,500 Cost of goods sold

$243,056 Contribution Margin

-$243,056 Fixed Cost

$0            Operating Income

5 0
2 years ago
The team effectiveness model classifies the key components of effective teams into three general categories: context, compositio
sammy [17]

Answer: The variable: "E) personality of team members" belongs to the composition category.

Explanation: The composition category takes into account the variables that determine the way in which the teams are composed, among them are the assignment of roles, the size of the group, the personality and flexibility of the members, etc.

7 0
2 years ago
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