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STALIN [3.7K]
2 years ago
9

If a store manager only hires shift supervisors who have a four-year college degree, even though experienced cashiers without a

four-year degree can be excellent supervisors, may be occurring.
Business
1 answer:
Alona [7]2 years ago
4 0
Bias may be occurring.  Bias is basically thinking someone is better than another person due to one factor, without even knowing the person.  In this instance, the store manager is only hiring shift supervisors who have a degree, rather than an experienced cashier without a degree.  The bias here is dependent on the employee's educational history.  The manager may think that even though the cashiers are great, they still may not have the qualifications that one would pick up in college. 
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On January 1, 20X9, Gulliver Corporation acquired 80 percent of Sea-Gull Company's common stock for $160,000 cash. The fair valu
rodikova [14]

Answer:

1. Amount of inventory:

D. $45,000

2. Amount of Goodwill:

A. $0

3. Total assets:

A. $720,000

4. Total liabilities:

C. $275,000

5.  Non-controlling interest:

C. $40,000

6. Consolidated Retained Earnings

A. $205,000

7. Stockholders' Equity:

$405,000

Explanation:

a) Data:

1. Balance Sheets

                                           Gulliver Corp.    Sea-Gull Corp.

                                                                     Book value   Fair value

Cash                                      $ 60,000        $ 20,000       $20,000

Accounts Receivable               80,000            30,000        30,000

Inventory                                  90,000            40,000        45,000

Land                                        100,000            40,000       60,000

Buildings and Equipment     200,000           150,000     150,000

Less: Acc. Depreciation         (80,000)          (50,000)      (50,000)

Investment in Sea-Gull Corp.160,000                                  

Total Assets                       $ 610,000       $ 230,000    $255,000

Accounts Payable               $ 110,000          $ 30,000     $30,000

Bonds Payable                       95,000              40,000       40,000

Unrealized gain on fair value                                            25,000

Common Stock                    200,000              40,000        0

Retained Earnings               205,000            120,000        0

Total Liabilities & Equity   $ 610,000         $ 230,000

3 0
2 years ago
Over the course of 50 years, Dexter grew his company to eight package shipping stores. With his retirement approaching and the i
Butoxors [25]

Answer:

B. Defensive Strategy

Explanation:

One thing that is inevitable in business is competition. Dexter decided to use a defensive strategy for his business with his retirement coming in and competition becoming even stronger.

Defensive strategies are management techniques used to "fend off attacks" from competitors. It helps the decision maker hold on to shares of the market. Some companies do this to lower the risk of being attacked when they perceive attacks coming from competitors so in turn, those competitors can focus on other competitors in the market.

8 0
2 years ago
The following December 31, 2021, fiscal year-end account balance information is available for the Stonebridge Corporation: Cash
aalyn [17]

Answer and Explanation:

1. Total current assets

As we know that

Current ratio = Current assets ÷ current liabilities

Current liabilities  is

= Accounts payable + Accrued interest + Salaries payable

= $50,000 + $1,000 + $22,000

= $73,000

And,

Current ratio = 1.5:1

So,

Total current assets is

= 1.5 × $73,000

= $109,500

b.  Short term investment is

Short term investment = Total current assets - Cash and cash equivalents - Accounts receivables - Inventories

= $109,500 - ($6,100 + $31,000 + $71,000)

= $1,400

c. Now retained earning is

Total assets

= Total current assets + Property, plant and equipment

= $109,500 + $175,000

= $284,500

Total liabilities is

= Current liabilities + Notes payable

= $73,000 + $41,000

= $114,000

Retained earnings is

= Total assets - Total liabilities  - Paid in capital

= $284,500 - $114,000 - $155,000

= $15,500

6 0
2 years ago
Assume that Joe has​ $80 to spend on books and movies each month and that both goods must be purchased whole​ (no fractional​ un
vovangra [49]

Answer:

Please see attachment

Explanation:

Please see attachment

7 0
2 years ago
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
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