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zysi [14]
1 year ago
5

Edie is coming up on her thirtieth year as a bus driver. Recently her company told her that she would be required to retire with

in the next two years because she had reached the age limit for mandatory retirement. Edie wants to fight this ruling based on a claim of age discrimination. Which of the following statements about this case is most accurate?
A) According to the Employment Rights and Responsibilities Act, Edie has every right to keep her job as long as she has not been convicted of a moving traffic violation while performing her job.
B) According to the Affirmative Action Enforcement Act, Edie has no right to keep her job, because she is not one of the groups that qualify for special protection.
C) According to the Fair Labor Standards Act, Edie may be able to keep her job, but the company can require her to pass an annual vision and hearing exam as a condition of continued employment.
D) According to the Age Discrimination in Employment Act, Edie can be required to retire at a certain age, because she is in an occupation where evidence exists that ability to perform the job diminishes significantly with age.
Business
1 answer:
Ann [662]1 year ago
3 0

Answer:

D) According to the Age Discrimination in Employment Act, Edie can be required to retire at a certain age, because she is in an occupation where evidence exists that ability to perform the job diminishes significantly with age.

Explanation:

Since in the question it is mentioned that edie wants to fight the rulling that depend upon the age discrimination so here we considered the option d as in that it is given that edie needs to retire at the specific age as she belongs from occupation in which the evidence is existed that shows the capability to perform the job which reduced within the age

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Which of the following questions is inappropriate on an internal control questionnaire concerning purchase transactions?
defon

The question that is in appropriate is that are intact cash receipts deposited daily in the bank?

Explanation:

In a company before performing the audit the document that is provided to the employers of the company before the audit is the internal control questionnaire

Intact cash receipts can be deposited daily in the bank and there will be major need for a company to deposit the money in the bank and hence this question is inappropriate

4 0
2 years ago
A subsidy is the opposite of a tax. with a $0.50 tax on ice-cream cones, the government collects $0.50 from buyers for each cone
zzz [600]
The concept of subsidy is very well-explained in this item. From the context, subsidy is the amount that is payed by the government to the buyer every time a purchase is made. Since, the concept of subsidy is very favorable to consumers then, the demand for a certain product would definitely go high. 
7 0
2 years ago
Smithson Cutting is opening a new line of scissors for supermarket distribution. It estimates it's fixed cost to be 550.00 and i
Citrus2011 [14]

Answer:

a. Breakeven in units is 2200 units

b. Break even in  dollars is $1650

c. The answer is A. make a loss

Explanation:

a.

The breakeven points in units is the point or number of units where the total revenue equals total cost and there is no profit or no loss. Below the breakeven quantity, the firm is operating at a loss and above it, it is operating at a profit.

The break even point in unit can be calculated by dividing the fixed costs by the contribution per unit. The formula for break even point in units is:

Breakeven in units = Fixed Costs / contribution per unit

Contribtuion per unit = Selling price per unit - Variable cost per unit

Break even in units = 550 / (0.75 - 0.5)   = 2200 units/scissors

b.

The break even point in dollars is the value of sales at which the company will breakeven and will make no profit and no loss. The break even point in dollars can be calculated by multiplying the break even point in units by the selling price per unit. Alternatively, it can also be calculated by dividing the fixed costs by contribution margin ratio.

Contribution margin ratio = (Selling price - variable cost) / selling price

CM ratio = (0.75 - 0.5) / 0.75 = 0.3333 or 33.33%

Breakeven in dollars = 2200 * 0.75 = $1650

or

Break even in dollars = 550 / ((0.75-0.5) / 0.75)   = $1650

c.

As 600 units is less than the breakeven number of units (2200 units) , it will make a loss.

5 0
2 years ago
You’re the manager of global opportunities for a U.S. manufacturer, who is considering expanding sales into Asia. Your market re
allsm [11]

Answer:

a) Yes.

b) Philippines

c) Expected profit is $1,540,000

Explanation:

a) Data and Calculations:

Market potential in Malaysia, Philippines, and Singapore as described next:

Success Level                Big          Mediocre           Failure    Expected units

Malaysia Probability      0.3              0.2                    0.5

Units                         1,200,000     384,000              0

Expected units           360,000       76,800               0           436,800

Philippines Probability  0.4              0.3                     0.3

Units                         1,400,000    700,000               0

Expected units           560,000    210,000                0          770,000

Singapore Probability   0.1             0.7                       0.2

Units                          500,000   300,000                 0

Expected units            50,000    210,000                 0         260,000

b) Determination of outcomes:

                                          Malaysia          Philippines       Singapore

Expected units                  436,800             770,000          260,000

Contribution per unit         $2                        $2                     $2

Contribution margin       $873,600        $1,540,000        $520,000

Cost of market entrance 250,000            250,000           250,000

Net Income                    $623,600        $1,290,000         $270,000

6 0
2 years ago
A bank in​ Austin, Texas, has allowed its state banking​ license, under which it had been regulated by the Federal Deposit Insur
Anna [14]

Answer: c. economic regulation because they regulate only the activities of banks.

Explanation:

Economic Regulation refers to rules, regulations and policies that are established by a Governmental or Independent Adminstrative agency with the aim being to monitor the entrance of new firms as well as the activities of existing firms in an industry including the financial industry. They help protect the industry through their actions and are thus very important.

A very important example of such an organization is the Office of the Comptroller of the​ Currency. They have the mandate of regulating all national Banks including foreign Banks as well. As the regulator of such an industry and going by the definition of an Economic regulation, the regulation they apply is Economic in nature to ensure that the banks behave in such a way that will not be detrimental to the industry and the Economy.

8 0
2 years ago
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