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ad-work [718]
2 years ago
13

The Plumbing Company (TPC) employs 2 supervisors, 7 plumbers, 4 helpers, 2 schedulers, 2 carpenters and 1 office manager. All ar

e permanent, full-time (8 hours per day) workers. Are the employees of TPC covered under the provisions of Title I of the Americans with Disabilities Act (ADA) of 1990, Title VII of the Civil Rights Act of 1964, and the Age Discrimination in Employment Act (ADEA) of 1967?
a. All three laws apply to the employees of the company because the company has at least 15 employees who work throughout the year for eight hours each day.
b. The employees are covered only under the ADEA (Age Discrimination in Employment Act).
c. Only the plumbers and carpenters are covered under Title VII of the Civil Rights Act.
d. The employees are covered under Title VII of the Civil Rights Act and the Americans with Disabilities Act, but not under the Age Discrimination in Employment Act.
Business
1 answer:
fomenos2 years ago
3 0

Answer:

The correct answer is the option D: The employees are covered under Title VII of the Civil Rights Act and the Americans with Disabilities Act, but not under the Age Discrimination in Employment Act.

Explanation:

First of all, the<em> Americans with Disabilities Act</em> is a civil right law that states the prohibition to discriminate to individuals who suffered from disabilities. More specifically, in its Title I states that a "covered entity" shall not discriminate to a qualified individual who has a disability. And the "covered entities" are the ones who have more than 15 employees under its charge.

Secondly, the <em>Civil Rights Act</em> comprehends a group of laws that prohibits the discrimination against people regarding matters of race, color, religion, sex and more. And in its Title VII, it also states that this all the covered entities who have 15 or more employees will be affected by this law.

Finally, the<em> Age Discrimination Act</em> comprehends a labor law that prohibits employment discrimination against individuals who are over 40 years old and <u>given this case that the age of the workers are not specified, this law will not apply to the case</u>.  

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Suppose there is an increase in both the supply and demand for personal computers. In the market for personal computers, we woul
4vir4ik [10]

Answer:

The correct answer is letter "B": equilibrium quantity to rise and the equilibrium price to fall.

Explanation:

Given the market for a certain product, in case both the demand and supply of that good increase, as the demand increases, <em>the equilibrium quantity is likely to increase</em>. Every time the equilibrium quantity increases, <em>the equilibrium price tends to fall</em>.

6 0
2 years ago
Treasury Stock Pomona Corporation issued 60,000 shares of $3 par value common stock at $21 per share and 9,000 shares of $30 par
In-s [12.5K]

Answer:

Issuance

Common Stock

Dr. Cash                                          $1,260,000

Cr. Common Stock                                                 $180,000

Cr. Paid-in-Capital excess of par common stock $1,080,000

Preferred Stock

Dr. Cash                                          $765,000

Cr. Preferred Stock                                                 $270,000

Cr. Paid-in-Capital excess of par Preferred stock $495,000

Treasury Stock Purchase

Dr. Treasury Stock    $46,000

Cr. Cash                     $46,000

Explanation:

Common Shares are issued at a specified price, we need to record the par value of the share in common stock account and The value excess of par in the Paid-in-Capital Excess of par common stock separately.

Issuance of 60,000 shares

Par value = $60,000 x 3 = $180,000

Excess of par value = ($21 - $3 ) x 60,000 = $1,080,000

Preferred stock has also recorded same as the common but in different accounts

Par Value = 9,000 x $30 = $270,000

Excess of par value = ($85 - $30) x 9,000 = $495,000

Treasury stocks are the company's own shares which is repurchased by the company. It is recorded in treasury shares account which is an contra equity account. I can be reissued or cancelled by the company.

Purchase of Treasury Stock

Treasury Stock = 2,000 x $23 = $46,000

5 0
2 years ago
You determined the following information for Big Rapid's Supplies: It has a receivables turnover rate of 23.5 a payables turnove
wlad13 [49]

Answer:

35 days

Explanation:

Receivables turnover rate = 23.5

Payables turnover rate = 12.5

Inventory turnover rate = 19.15

Length of firm's operating cycle :

(Days sales in inventory + average collection period)

Days' sales in inventory = (365 days / inventory turnover ratio)

Days' sales in inventory = (365 / 19.15)

Days's sales in inventory = 18.717 days

Average collection period : (365 / accounts receivable turnover ratio)

Average collection period = (365 / 23.5)

Average collection period = 15.531

(18.717 + 15.531)

= 34.248

= 35 days

4 0
2 years ago
A wealthy customer has been asked by his neighbor to invest in the private placement of a "start-up" technology company as a ven
Ivanshal [37]

Options:

I because these securities are not registered with the SEC, such an offering would be illegal in the United States

II because the securities are not registered with the SEC, they can only be resold in the public markets if the company effects a registered primary distribution and is current in its SEC filings

III public resale of these securities can only occur if the customer holds the securities for 6 months "at risk" and then sells the securities in measured quantities

IV these securities can only be resold by the customer to underwriters that will buy the securities into their inventory and then register them with the SEC

Answer:

II because the securities are not registered with the SEC, they can only be resold in the public markets if the company effects a registered primary distribution and is current in its SEC filings

III public resale of these securities can only occur if the customer holds the securities for 6 months "at risk" and then sells the securities in measured quantities

Explanation:

Option I is wrong because this type of operations is completely legal, and they are called private placements.

Option IV is also wrong because the underwriters do not register the stocks with the SEC, the company must be public in order for it to be registered  and their stocks publicly traded.

Option II is correct because you can privately resell the stocks, but the market is very limited.

Option III is correct because if the company does turn public, then the investor must hold the stocks for 6 months "at risk" (no puts purchased) before being able to sell them on public markets.

6 0
2 years ago
Which of the following statements is true of agglomeration? Agglomeration creates a demand that forces a skilled labor force to
Dvinal [7]

Answer:

The correct answer is letter "C": Agglomeration advantages stem from knowledge spillover from one firm to another.

Explanation:

In Business, Agglomeration refers to the cluster of companies in one common physical area. Agglomeration is divided into two categories: <em>urbanization economies </em>and<em> localization economies</em>. Urbanization economies refer to businesses sharing the same physical area even if they are dedicated to providing different goods or services.

Localization economies, instead, refers to firms of the same industry being located in a common location. In such a scenario, companies can take advantage of the same pool of labor and the quick spread of ideas among entities or the knowledge spillover.

7 0
2 years ago
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