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oee [108]
1 year ago
5

Peter, who works at a go-kart manufacturing company, parts for karts co., became aware after talking with co-workers that he was

being paid substantially less than workers with the same experience and level of seniority. after noticing this, he decided to pursue a lawsuit against parts for karts co. for wage discrimination. however, when peter was hired, he had signed a binding arbitration clause in his work contract. when parts for ka
Business
1 answer:
Alik [6]1 year ago
3 0

Answer: The arbitrator displayed bias and exceeded her authority.

Explanation:

There is need for integrity and fairness when carrying out a job especially avoiding bias. It is also out of place and being unprofessional for an arbitrator or human resource to discriminate in decisions as regards employment; placing some on a better pay and position while another is not especially when they have the same criteria and experience for the job. Doing this is unethical and an exceed of authority.

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A customer, age 51, has a 20 year investment time horizon, a moderate risk tolerance, and is looking for investments that provid
Thepotemich [5.8K]

Answer:

large capitalization growth stocks

Explanation:

Out of the four possible options, large capitalization growth stocks are the only option that provides potential growth and receives income from dividends.

Money market instruments are extremely safe investments, but they yield a very low return. This type of investment is suitable for investors that wish to preserve their capital.

Mutual funds is not a very specific answer, since it can apply to several types of investments.

Bonds only provide income, but they do not provide growth (fixed coupon rate).

5 0
1 year ago
Leelanau Corporation uses a job-order costing system. The following data are for last year: Work in process beginning balance $
ratelena [41]

Answer:

The correct answer is $138,500.

Explanation:

According to the scenario, the given data are as follows:

WIP beginning = $10,500

WIP ending = $19,000

Cost of goods manufactured = $323,000

Direct material = $115,000

Direct labor = $78,000

So, we can calculate the amount of overhead by using following formula:

Overheads = Total manufacturing costs - Direct materials - Direct labor

Where, Total manufacturing cost = Cost of goods manufactured + Ending WIP - Beginning WIP

= $323,000 + $19,000 - $10,500

= $331,500

So, by putting the value in the formula:

Overheads = $331,500 - $115,000 - $78,000

= $138,500

Hence, the amount of overhead is $138,500.

3 0
1 year ago
Shirts.com makes business dress shirts. The shirts could have defects in various ways including in the weave or color of the fab
fredd [130]

Answer: c.) Yes, the process is in control.

Explanation:

For the process to be in control, the number of defects have to be between the Upper Control Limit and the Lower Control limits of the c-chart which can be used to measure defects of irregularities per unit.;

UCL = C-bar + z*√(c-bar)

LCL = C-bar - z*√(c-bar)

C - Bar = \frac{Number of Dfects}{Number of shirts}

C - Bar = \frac{4+6+3+1+5+6+4+6}{8}

C - Bar = 4.375

z = 3 when using the 3 sigma control

UCL = C-bar + z*√(c-bar)

UCL = 4.375 + 3 * √(4.375)

UCL = 10.65

LCL = C-bar - z*√(c-bar)

LCL = 4.375 - 3 * √(4.375)

LCL = -1.9

LCL = 0 (Lower limit minimum should be 0 at least)

Defects are within the control limits. The process is in control.

6 0
1 year ago
A company issued 5-year, 7% bonds with a par value of $500,000. The market rate when the bonds were issued was 6.5%. The company
san4es73 [151]

Answer:

The correct answer is $17,000.

Explanation:

According to the scenario, the given data are as follows:

Bonds percent = 7%

Par value of bonds = $500,000

Market rate = 6.5%

Cash received = $505,000

So, we can calculate the amount of recorded interest for semiannual interest period by using following formula:

First we calculate the premium on bonds,

So, Premium on bonds = Cash received - Par value of bonds

= $505,000 - $500,000

= $5,000

So, straight line amortization = Premium on bonds ÷ years

= $5,000 ÷ 5

= $1,000

So, Amount of interest expense for first semiannual is as follows:

Amount of interest = ( Par value of bonds × Bonds percent ) ÷ 2 - (straight line amortization ÷ 2)

= ( $500,000 × 7% ) ÷ 2 - ( $1,000 ÷ 2 )

=  $17,500 - $500

= $17,000.

4 0
1 year ago
Sue now has $125. How much would she have after 8 years if she leaves it invested at 8.5% with annual compounding
hichkok12 [17]

Answer:

FV= $240.08

Explanation:

Giving the following information:

Sue now has $125.

Number of periods= 8 years

Interest rate= 8.5% with annual compounding

<u>To calculate the future value of the investment, we need to use the following formula:</u>

FV= PV*(1+i)^n

FV= 125*(1.085)^8

FV= $240.08

8 0
2 years ago
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