Answer: 270 people
Explanation:
Looking at the graph you can tell that: 20% of the people enjoyed grapes and 7% enjoyed bananas.
The percentage of people who enjoy both bananas and grapes is:
= 20 + 7
= 27%
1,000 people were interviewed. The number of people who enjoy both bananas and grapes is:
= 27% * 1,000
= 270 people
Emily recently quit her job at a major corporation because she saw little chance for advancement. Although she is still searching for a new position, Emily believes the economy is healthy and she hears that several firms are hiring people with her qualifications. Which of the following statements about Emily's current situation is most accurate?
a. not considered unemployed because she voluntarily quit her job.
b. an example of cyclical unemployment.
c.an example of frictional unemployment.
d. likely to find employment quickly if she seeks training in a different field
Answer:
C)an example of frictional unemployment
Explanation:
Frictional unemployment can be regarded as " search unemployment" and it's a type of unemployment which can be as a result of the individual circumstances, this is the period of time used between jobs by workers trying to search for jobs or moving from initial job to another.
Jake Fleming sells graphic card update kits for computers. Jake purchases these kits for $20 and sells about 250 kits a year. Each time Jake places an order, it costs him $25 to cover shipping and paperwork. Jake figures that the cost of holding an update kit in inventory is about $3.50 per kit per year. What is the economic order quantity
Answer:
60 Kits
Explanation:
Cost price (C) = $20/Kit
Yearly se (D) = 250 kit/year
Shipping cost / Ordering cost (Co) = $25
Holding cost (Ch) = $3.5/Kit-year
Economic order quantity = √2.D.Co / Ch
Economic order quantity = √2*250*25/3.5
Economic order quantity = √12500/3.5
Economic order quantity = √3571.4285
Economic order quantity = 59.7614305
Economic order quantity = 60 Kits
The first step in the decision-making process is to a. define your wants and needs b. identify your choices c. make a decision d. gather information Please select the best answer from the choices provided СА OB C Save and Exit Mark this and return
the first step is identify your choices
Assume that the risk-free rate of interest is 3% and the expected rate of return on the market is 14%. I am buying a firm with an expected perpetual cash flow of $1,000 but am unsure of its risk. If I think the beta of the firm is 0.9, when in fact the beta is really 1.8, how much more will I offer for the firm than it is truly worth
Answer: $3,365.98
Explanation:
Value of firm with beta of 0.9.
First use CAPM to find the required return:
= Risk free rate + beta * (Market return - risk free rate)
= 3% + 0.9 * (14% - 3%)
= 12.9%
Firm Value = Perpertual cashflow / Required return
= 1,000 / 12.9%
= $7,751.94
Value of firm with beta of 1.8.
Required return = 3% + 1.8 * (14% - 3%)
= 22.8%
Value of firm = 1,000 / 22.8%
= $4,385.96
Difference = 7,751.94 - 4,385.96
= $3,365.98
You would be paying $3,365.98 than the firm is worth.
Wade Company estimates that it will produce 6,800 units of product IOA during the current month. Budgeted variable manufacturing costs per unit are direct materials $8, direct labor $13, and overhead $17. Monthly budgeted fixed manufacturing overhead costs are $8,300 for depreciation and $3,500 for supervision. In the current month, Wade actually produced 7,300 units and incurred the following costs: direct materials $51,800, direct labor $87,400, variable overhead $124,400, depreciation $8,300, and supervision $3,780.
Prepare a static budget report. Hint: The Budget column is based on estimated production while the Actual column is the actual cost incurred during the period. (List variable costs before fixed costs.) Wade Company Static Budget Report Difference Favorable Neither Favorable Budget Actual nor Unfavorable Were costs controlled?
Answer:
Wade Company
Static Budget Report
Budget Actual Variance
Units of production 6,800 7,300 500 Favorable
Variable manufacturing costs:
Direct materials $54,400 $51,800 $2,600 Favorable
Direct labor 88,400 87,400 1,000 Favorable
Overhead 115,600 124,400 (8,800) Unfavorable
Sub-Total $258,400 263,600 ($5,200) Unfavorable
Fixed manufacturing costs:
Depreciation $8,300 $8,300 $0 Neither
Supervision 3,500 3,780 (280) Unfavorable
Sub-Total $11,800 $12,080 ($280) Unfavorable
Total $270,200 $275,680 ($5,480) Unfavorable
Some costs were controlled (direct materials and labor). The overhead costs were not very well controlled.
Explanation:
a) Data and Calculations:
Estimated units of production of product IOA = 6,800 units
Budgeted variable manufacturing costs:
Direct materials $8 * 6,800 = $54,400
Direct labor $13 * 6,800 = $88,400
Overhead $17 * 6,800 = $115,600
Total= $38
Budgeted fixed manufacturing overhead costs:
Depreciation = $8,300
Supervision = 3,500
Total = $11,800
Actual:
Units produced = 7,300
Direct materials cost = $51,800
Direct labor cost = $87,400
Variable overhead = $124,400
fixed manufacturing overhead costs:
Depreciation = $8,300
Supervision = 3,780
Total = $12,080
A company has been determined the they plan to invest $9,800,000 in a new solar field in November 2020. The investment will start paying off providing $200,000 per month starting in May 2021. For planning purposes, the project life would be to November 2030. What is the present value of this project at a required rate of return of 6% per year (Hint - use XNPV)?
Answer:
The Net Present Value of this project is:
$7,358,638.89
Explanation:
a) Data and Calculations:
Estimated cost of investment = $9,800,000 in November 2020
Monthly benefits = $200,000 starting from May 2021
Period of benefits = 9.5 years
Required rate of return = 6% p[er year
Using the Excel NPV (XNPV) function, the NPV = $7,358,638.886
b) The Present Value of the project is the discounted value of the cash inflows of $200,000 for 114 months and $9,800,000 on day 1. An excel copy of the calculations is attached.
On January 1, year 8, Crimson Corp., a closely held corporation, issued 5% bonds with a maturity value of $90,000, together with 1,500 shares of its $3 par value common stock, for a combined cash amount of $121,800. The market value of Crimson’s stock is uncertain. If the bonds had been issued separately they would have sold at 102. What amount should Crimson report for additional paid-in capital (or paid-in capital—excess of par) upon issuing the stock?
Answer:
The amount Crimson should report for additional paid-in capital (or paid-in capital—excess of par) upon issuing the stock is $25,500.
Explanation:
Additional paid-in capital is the excess of market value of common stock over the face value of common stock. Therefore, the amount Crimson should report for additional paid-in capital can be calculated as follows:
Face value of common stock = Number of shares issued * Price per share = $1,500 * $3 = $4,500
Since if the bonds had been issued separately they would have sold at 102, this implies that the market value of the bonds is 102% of the face value of the bond. Therefore, we have:
Bonds market value = Bonds face value * 102% = $90,000 * 102% = $91,800
Market value of common stock = Combined cash amount - Bonds market value = $121,800 - $91,800 = $30,000
Therefore, we have:
Additional paid-in capital = Market value of common stock - Face value of common stock = $30,000 - $4,500 = $25,500
Therefore, the amount Crimson should report for additional paid-in capital (or paid-in capital—excess of par) upon issuing the stock is $25,500.
Sigma Corporation applies overhead cost to jobs on the basis of direct labor cost. Job V, which was started and completed during the current period, shows charges of $6,000 for direct materials, $9,900 for direct labor, and $7,128 for overhead on its job cost sheet. Job W, which is still in process at year-end, shows charges of $3,000 for direct materials and $4,900 for direct labor.
Required:
Calculate the overhead cost be added to Job W at year-end
Answer:
$6,811
Explanation:
Job V had $9,900 of direct labor and $7,128 of overhead was applied to the job
= $9,900 ÷ $7,128
= $1.39 overhead rate.
This means that the application was based on taking $9,900 of Direct labor × $1.39 rate = $7,128 overhead
For Job W, take $4,900 DL × same $1.39 rate = $6,811
Therefore, the overhead cost to be applied to job w at year end is $6,811
A company issues 8%, 5 year bonds with a par value of $500,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 6%. What is the bond's issue (selling) price, assuming the Present Value of $1 factor for 3% and 10 semi-annual periods is .7441 and the Present Value of an Annuity factor for the same rate and period is 8.5302
Answer:
$542,654
Explanation:
Interest payment (Semi-annual) = 500,000 * 8% * 6/12 = $20,000
PV of principal to be received at the maturity = Par value of bonds * PV factor (r%, n) = 500,000 * PV factor (3%, 10) = 500,000 * 0.7441 = $372,050
PV of interest to be received periodically over the term of the bonds = Interest * PV annuity factor (r%, n) = 20,000 * PV annuity factor (3%, 10) = 20,000 * 8.5302 = $170,604
Issue price of bond = Present value of principal to be received at the maturity + Present value of interest to be received periodically over the term of the bond = $372,050 + $170,604 = $542,654
What is one of the basic principles of economics?
A.
Society’s resources are unlimited.
B.
People never put their own interests as their first priority.
C.
If people demand a product, then businesses are required to supply it.
D.
Society and its individuals have unlimited wants.
Answer:
D. Society and its individuals have unlimited wants.
Explanation:
Economics can be defined as the study of how to use scarce or limited resources to meet the unending needs and wants of the consumers.
One of the basic principles of economics is that society and its individuals have unlimited wants because humans are generally insatiable. Therefore, we are left with the option of choosing (choices) because we cannot have all that we desire or want and the resources used to meet the demands are scarce or limited.
Generally, Economics can be classified into two (2) categories, namely;
1. Macroeconomics can be defined as the study of behaviors, performance and factors that affect the entire economy. Hence, it focuses on aggregate phenomena such as price level, economic growth, Gross Domestic Product (GDP), inflation, unemployment and national income levels with respect to the central bank, demand or supply shocks, government policies, aggregate spending and savings.
2. Microeconomics can be defined as the study of the effect of price and quantity levels through interactions between individual buyers and sellers in various markets.
Hence, it is focuses on analyzing or evaluating the decisions of consumers (buyers) and those of firms (sellers) such as methods of production, pricing; and the manner in which government policies affect those decisions.
Answer:
d
Explanation:
Below are Company Y's financial statements:
Income Statement
Balance Sheet
Sales $7,900
Current assets $3,900
Current liabilities $2,100
Costs 5,500
Fixed assets 8,600
Long-term debt 3,700
Taxable income $2,400
Equity 6,700
Taxes (25%) 600
Total $12,500
Total $12,500
Net income $1,800
We assume that Company Y's current liabilities, assets, and costs are proportional to its sales. However, long-term debt and equity are not proportional to sales. We assume that the company's dividend payout ratio is 40 percentage and remains constant. The company's sales are projected to increase by exactly 15% in the next year. What is the external financing needed?
Answer:
Company Y
The external financial needed is:
= $1,290.
Explanation:
a) Data and Calculations:
Company Y's financial statements:
Income Statement
Sales $7,900
Costs 5,500
Taxable income $2,400
Taxes (25%) 600
Net income $1,800
Balance Sheet
Current assets $3,900
Fixed assets 8,600
Total assets $12,500
Current liabilities $2,100
Long-term debt 3,700
Equity 6,700
Total liab. & equity $12,500
Projected Income Statement:
Sales $9,085 ($7,900 * 1.15)
Costs 6,325 ($5,500 * 1.15)
Taxable income $2,760
Taxes (25%) 690
Net income $2,070
Dividends = 40% $828
Retained earnings $1,242
Projected Balance Sheet
Current assets $4,485 ($3,900 * 1.15)
Fixed assets 9,890 ($8,600 * 1.15)
Total assets $14,375
Current liabilities $2,415 ($2,100 * 1.15)
Long-term debt 4,018 ($14,375 - 2,415 - 7,942)
Equity 7,942 ($6,700 + $1,242)
Total liab. & equity $14,375
Working capital = $2,070 ($4,485 - $2,415)
Capital expenditure = $1,290 ($9,890 - 8,600)
External financing needed = Net income minus (working capital plus capital expenditure)
= $2,070 - ($2,070 + 1,290)
= $1,290
A manager hires labor and rents capital equipment in a very competitive market. Currently the wage rate is $12 per hour and capital is rented at $8 per hour. Currently, the marginal product of labor is 60 units of output per hour and the marginal product of capital is 45 units of output per hour is the firm using the cost minimizing combination of labor and capital? If not, should the firm increase or decrease the amount of capital used in its production process?
Answer:
Explanation:
According to the rule of cost minimization, a firm should should employ that quantity f labor and capital for which the marginal rate of technical substitution between capital and labor (MRTSkl) equals the wage rental ratio (w/r). Hence, the cost minimization rules becomes:
(MRTSkl) = w/r
MPl / MPk = w / r
MPl / w = MPk / r
In the case given, substitute the values of the variables and find that
MPl / w = MPk / r
60 / 12 < 45 / 8
5 < 5.625
Since the ratio is not equal, the firm is not using the optimum mix of inputs. On last dollar spent basis, capital is a better deal than labor, and the firm should use less labor and increase the amount of capital in order to minimize costs.
The LFH Corporation makes and sells a single product, Product T. Each unit of Product T requires 1.5 direct labor-hours at a rate of $10.50 per direct labor-hour. The direct labor workforce is fully adjusted each month to the required workload. LFH Corporation needs to prepare a Direct Labor Budget for the second quarter of next year. The company has budgeted to produce 28,000 units of Product T in June. The finished goods inventories on June 1 and June 30 were budgeted at 800 and 600 units, respectively. Budgeted direct labor costs for June would be:
Answer:
$441,000
Explanation:
Budgeted direct labor cost = Budgeted production * Hours per unit * Rate per hour
Budgeted direct labor cost = 28,000 units * 1.5 DLH * $10.50
Budgeted direct labor cost = $441,000
So, budgeted direct labor cost for June would be $441,000
This is to inform you that I will be leaving work early today.
This is to inform you that I will be leaving work early today. The grammar in this sentence is correct.
What is grammar?The grammar of a natural language is its set of structural constraints on speakers' or writers' composition of clauses, phrases, and words. The term can also refer to the study of such constraints, a field that includes domains such as phonology, morphology, and syntax, often complemented by phonetics, semantics, and pragmatics. There are currently two different approaches to the study of grammar: traditional grammar and theoretical grammar.
Fluent speakers of a language variety or lect have effectively internalized these constraints, the vast majority of which at least in the case of one's native languages are acquired not by conscious study or instruction but by hearing other speakers. Much of this internalization occurs during early childhood; learning a language later in life usually involves more explicit instruction.
The term grammar can also describe the linguistic behaviour of groups of speakers and writers rather than individuals.
Learn more about grammar, here:
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Your question is incomplete, but most probably the full question is:
Check the grammar of the sentence given below is correct or incorrect:
This is to inform you that I will be leaving work early today.
A corporation sold 14,000 shares of its $10 par value common stock at a cash price of $13 per share. The entry to record this transaction would include: A credit to Paid-in Capital in Excess of Par Value, Common Stock for $42,000. A debit to Cash for $140,000. A credit to Common Stock for $182,000. A credit to Cash for $182,000.
Answer:
B) A credit to common stock for $ 140,000
Explanation:
Journal Entry will include:
Date Journal Entry Debit Credit
Cash/Bank A/C $182,000
(14,000 shares*$13)
To Common capital A/C $140,000
To Contributed capital in excess $42,000
of par value A/C
Which of the following best illustrates Hofstede's definition of collectivism?
a. Managers at Honest Tea expect that all employees will have an interest and part in environmental sustainability
b. The founder of Honest Tea stresses the importance of equality and opportunity
c. An employee of Honest Tea prefers to work alone and puts him- or herself above others
d. The managers of Honest Tea prefer tradition over change
e. Employees in Honest Tea have high levels of anxiety about uncertainty
Answer:
a. Managers at Honest Tea expect that all employees will have an interest and part in environmental sustainability
Explanation:
Analyzing the information about Honest Tea, it is possible to understand that sustainability is an issue that has a lot of weight for the company, and all its processes are managed in an environmentally responsible manner. Therefore, it is correct to say that Honest Tea managers expect all employees to be interested and participate in environmental sustainability, as this is a value that identifies and positions the company in the market, and it is essential that this value is shared by all employees.
Environmental management is a form of management that provides significant advantages to an organization, as it standardizes procedures and policies to reduce environmental impacts, the company operates with a focus on continuous improvement that reduces costs, waste, makes work most satisfactory and sustainability as a shared value.
Flynn Industries has three activity cost pools and two products. It expects to produce 3,000 units of Product BC113 and 1,500 of Product AD908. Having identified its activity cost pools and the cost drivers for each pool, Flynn accumulated the following data relative to those activity cost pools and cost drivers.
Estimated Expected Use of Cost Product Product
Activity Cost Pool Cost Drivers Overhead Drivers per Activity BC113 AD908
Machine setup Setups $16,000 40 25 15
Machining Machine hours 110,000 5,000 1,000 4,000
Packing Orders 30,000 500 150 350
Using the above data, do the following:
(a) Prepare a schedule showing the computations of the activity-based overhead rates per cost driver.
(b) Prepare a schedule assigning each activity's overhead cost to the two products.
(c) Compute the overhead cost per unit for each product. (Round to nearest cent.)
(d) Comment on the comparative overhead cost per product.
Answer:
Flynn Industries
a) Schedule of Activity-based Overhead Rates per Cost Driver:
Machine setup $16,000/40 = $400 per machine setup
Machining $110,000/5,000 = $22 per machine hour
Packing $30,000/500 = $60 per order
b) A Schedule Assigning Activities Overhead Cost to the Products:
Product Product
BC113 AD908
Cost Pool Overhead Rate Usage Costs Usage Costs
Machine setup $400/m.setup 25 = $10,000 15 = $6,000
Machining $22/mhour 1,000 = 22,000 4,000 = 88,000
Packing $60/order 150 = 9,000 350 = 21,000
Total overhead allocated $41,000 $115,000
c) Computation of the Overhead Cost per unit:
Product Product
BC113 AD908
Total overhead allocated $41,000 $115,000
Expected units to be produced 3,000 1,500
Overhead cost per unit $13.67 $76.67
d) A close look at the overhead cost per product shows that Product AD908 causes more activities in machining and packing and also is allocated more overhead costs accordingly. On the other hand, Product BC113 uses machine setup and has got higher machine setup cost assigned to it.
Explanation:
a) Data and Calculations:
Activity Cost Cost Estimated Expected Use of Cost Product Product
Pool Drivers Overhead Drivers per Activity BC113 AD908
Machine
setup Setups $16,000 40 25 15
Machining Machine
hours 110,000 5,000 1,000 4,000
Packing Orders 30,000 500 150 350
Review the transactions and determine the accounts, the account types (use assets, liabilities, common stock, dividends, revenue, and expenses), if they increase/decrease and if they are DR/CR. List accounts in order they would be in the journal entry. Refer to the Chart of Accounts for account titles. Collected cash for services Account
Purchased office furniture on account Account #1 Account Type ncrease/Decrease Debit/Credit Account #2 Account Type ncrease/Decrease Debit/Credit Provided services on account Account #1 Account Type ncrease/Decrease Debit/Credit Account #2 Account Type ncrease/DecreaseDebit/Credit Prepaid for rent. Account #1 Account Type ncrease/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit
Answer:
Accounting treatment (debit credit rules) of given entries
Explanation:
Purchased office furniture on account AccountFurniture ie Asset increase - Debit , Creditor (Furniture Supplier) ie Liability increase - Credit
Provided services on accountDebtor ie Asset increase - Debit , Sale ie Income increase - Credit
Prepaid RentPrepaid Expense (Rent) ie Asset Increase - Debit. Rent paid now implies later rent ie (Expense) decrease - Credit
The interdependence principle: is the same as the cost-benefit principle. implies that consumers depend on each other to make purchase decisions in the market. implies that buyers decisions are affected by many factors other than the price of an item. refers to the marginal benefit of consuming additional units of an item.
Answer:
Option a (implies............market) is the right response.
Explanation:
As stated throughout the concept of interdependence, these same purchase behaviors, as well as judgments of customers, have been influenced by the choices of about there peers. There are therefore multimedia adverse effects during which companies depend on everyone to decide what to buy mostly on the real economy.Some other options available are not connected to the circumstance in question. So the option above is correct.
You have been working on some financial projections manually for two days now. It seems that each time you think you have them completed your boss shows up with a new assumption or another "what if" question. If you only had a copy of a spreadsheet software program for your personal computer, you could plug in the new assumptions and revise the estimates with ease. Then, a colleague offers to let you make a copy of some software that is copyrighted. What would you do?
Answer:
I would reject the copy and advise my colleague not to make a copy as this action violates the copyright law.
Explanation:
Copyright gives the originator the exclusive (or intellectual property) right to make copies of the software. To make a copy, one needs to obtain the permission of the originator. The law aims to protect the originator or creator of the intellectual property from illegal use and abuse.
Q#1. How would you describe the word “CAREER” Explain in 5-7 sentences.
PLZ HELP IĹL GIVE BRAINLIEST !
Answer:
A carreer si a job youĺl havefor the res of you time on earth, tbh it seems boring dont do it .
Explanation:
Determine the gross income of the beneficiaries in the following cases:
1. Justin’s employer was downsizing and offered employees an amount equal to one year’s salary if the employee would voluntarily retire.
2. Trina contracted a disease and was unable to work for six months. Because of her dire circumstances, her employer paid her one-half of her regular salary while she was away from work.
3. Coral Corporation collected $1,000,000 on a key person life insurance policy when its chief executive died. The corporation had paid the premiums on the policy of $77,000, which were not deductible by the corporation.
4. Juan collected $40,000 on a life insurance policy when his wife, Leona, died in 2020. The insurance policy was provided by Leona’s employer, and the premiums were excluded from Leona’s gross income as group term life insurance. In 2020, Juan also collected the $3,500 accrued salary owed to Leona at the time of her death.
Answer:
1. Justin’s employer was downsizing and offered employees an amount equal to one year’s salary if the employee would voluntarily retire.
the compensation is included in Justin's gross income.
2. Trina contracted a disease and was unable to work for six months. Because of her dire circumstances, her employer paid her one-half of her regular salary while she was away from work.
the compensation is included in Trina's gross income.
3. Coral Corporation collected $1,000,000 on a key person life insurance policy when its chief executive died. The corporation had paid the premiums on the policy of $77,000, which were not deductible by the corporation.
the benefits are included in the company's taxable income, but the premiums paid are deductible
4. Juan collected $40,000 on a life insurance policy when his wife, Leona, died in 2020. The insurance policy was provided by Leona’s employer, and the premiums were excluded from Leona’s gross income as group term life insurance. In 2020, Juan also collected the $3,500 accrued salary owed to Leona at the time of her death.
the life insurance policy proceeds are not taxable, but the accrued salaries are taxedIf you buy a ticket to an outdoor concert but come down with a bad cold on the night of the show, the principle of ____ suggests you should not consider the money you already spent on the ticket when deciding whether or not to go.
Answer:
sunk cost
Explanation:
Sunk cost is cost that has already been incurred and it cannot be recovered. When making future decisions, sunk cost should not be considered.
The money i paid for the ticket is the sunk cost. I should not consider this cost when making the decision of whether to for the concert or not to
The following information is available for Sheridan Company
Accounts receivable $2,000
Cash $6,280
Accounts payable 3,900
Supplies 3,790
Interest payable 500
Unearned service revenue 820
Salaries and wages expense 4,900
Salaries and wages payable 740
Notes payable 32,500
Depreciation expense 660
Common stock 52,200
Equipment (net) 110,300
Inventory 2,810
Required:
Using the information above, prepare a balance sheet as of December 31, 2022.
Answer:
See below
Explanation:
Balance sheet as of December 31, 2022.
Current assets
Account receivable $2,000
Cash $6,280
Supplies $3,790
Total $12,070
Fixed assets
Equipment net $110,300
Inventory $2,810
Total $113,110
Total assets = $12,070 + $113,110 = $125,180
Current liabilities
Accounts payable $3,900
Interest payable $500
Salaries and wages payable $740
Notes payable $32,500
Total $37,640
Financed by;
Common Stock $52,500
Total liabilities + Common stock
= $37,640 + $52,500
= $90,140
Ethical Concerns in Human Resources
Ethics refers to fundamental principles of right and wrong; ethical behavior is behavior that is consistent with those principles. HRM decisions should be ethical, but the evidence suggests that is not always the case. Many ethical issues in the workplace involve HRM. In the context of ethical human resource management, HR managers must view employees as having basic rights. This activity is important because it will give you an opportunity to examine the four principles for ethical behavior and the basic rights employees should expect in the work environment.
HR managers must view employees as having basic rights, for such a view reflects ethical principles embodied in the U.S. Constitution and Bill of Rights. Organizations often face situations in which the rights of employees are affected. Ethical, successful companies act according to four principles: emphasizing mutual benefits, employees assuming responsibility for the actions of the company, companies having a sense of purpose or vision that employees value, and emphasizing fairness. The goal of this activity is to discuss ethical issues in human resource management.
Read each work situation, then correctly match it to the ethical concern it represents.
1. Right of freedom of speech
2. Right of privacy
3. Right of freedom of conscience
4. Right to due process
5. Right of free consent
Match each of the options above to the items below.
A. Mike, a new employee, was distressed to learn that he was expected to help with the illegal dumping of medical waste.
B. One of the important messages of HIPPA (the Health Insurance Portability and Accountability Act) is the need to keep employee health records confidential.
C. Sharon complains because the employer hired her for the day shift, but now she is expected to work the midnight shift.
D. Many companies establish Employee Assistance Programs (EAPs), which offer employees many important benefits, including a complaint process so that employees will feel free to share their concerns.
E. Ed felt he was being demoted because of his age, not of his performance, so he asked for a meeting with the director of HR.
Answer:
Ethical Concerns in Human Resources
Matching Ethical Issues with Ethical Concerns:
A. Mike, a new employee, was distressed to learn that he was expected to help with the illegal dumping of medical waste.
3. Right of freedom of conscience
B. One of the important messages of HIPPA (the Health Insurance Portability and Accountability Act) is the need to keep employee health records confidential.
2. Right of privacy
C. Sharon complains because the employer hired her for the day shift, but now she is expected to work the midnight shift.
5. Right of free consent
D. Many companies establish Employee Assistance Programs (EAPs), which offer employees many important benefits, including a complaint process so that employees will feel free to share their concerns.
1. Right of freedom of speech
E. Ed felt he was being demoted because of his age, not of his performance, so he asked for a meeting with the director of HR.
4. Right to due process
Explanation:
Data:
Ethical Concerns:
1. Right of freedom of speech
2. Right of privacy
3. Right of freedom of conscience
4. Right to due process
5. Right of free consent
b) Ethical principles:
Mutual benefits: This principle refers to equity in sharing benefits and costs.
Assumption of responsibility: This principle demands accountability with responsibility.
Having a sense of purpose or vision: This principle refers to the fulfilment of purpose that is considered reasonable by others.
Fairness: The principle requires the absence of favoritism and discrimination.
The following information relates to Ivanhoe Co. for the year ended December 31, 2020: net income $1,180 million; unrealized holding loss of $9.9 million related to available-for-sale debt securities during the year; accumulated other comprehensive income of $55.2 million on December 31, 2019. Assuming no other changes in accumulated other comprehensive income.
Determine
(a) other comprehensive income for 2020,
(b) comprehensive income for 2020, and (c) accumulated other comprehensive income at December 31, 2020.
Answer:
a. Other Comprehensive income for 2020 = Unrealized holding loss = -$9.9 million
b. Comprehensive income for 2020 = Net income - Unrealized holding loss = $1,180 million -$9.9 million = $1,170.1 million
c. Accumulated other comprehensive income at December 31, 2020 = Accumulated other comprehensive income - Other Comprehensive income for 2020 = $55.2 million -$9.9 million = $45.3 million
Sarafiny Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are planned for the year. Beginning Inventory Ending Inventory Finished goods (units) 20,000 30,000 Raw material (grams) 50,000 40,000 Each unit of finished goods requires 7 grams of raw material. The company plans to sell 270,000 units during the year. How much of the raw material should the company purchase during the year
Answer:
1,950,000 grams
Explanation:
The computation of the material should be purchased is given below:
Raw materials purchased is
= Ending inventory of raw materials + Materials to be used - Beginning Inventory of raw materials
where,
Raw materials to be used = units produced × 7 grams
Units produced is
= Ending inventory of finished goods + units sold - beginning inventory of finished goods
= 30,000 units + 270,000 units - 20,000 units
= 280,000
Now raw materials used is
= 280,000 × 7 grams
= 1,960,000 grams
Now
Materials purchased = Ending inventory of raw materials + Materials to be used - Beginning Inventory of raw materials
= 40,000 grams + 1,960,000 grams - 50,000 grams
= 1,950,000 grams
The widget market is competitive and includes no transaction costs. Five suppliers are willing to sell one widget at the following prices: $20, $12, $8, $4, and $2 (one seller at each price). Five buyers are willing to buy one widget at the following prices: $8, $12, $20, $32, and $44 (one buyer at each price).
For each price shown in the following table, use the given information to enter the quantity demanded and quantity supplied.
Price Quantity Demanded Quantity Supplied
($ per widget) (widgets) (widgets)
$2
$4
$8
$12
$20
$32
$44
In this market, the equilibrium price will beper widget, and the equilibrium quantity will be (0 or 5 or 2 or 1 or 3 or 4) widgets.
Answer:
Price Quantity Demanded Quantity Supplied
$2 5 1
$4 5 2
$8 5 3
$12 4 4
$20 3 5
$32 2 5
$44 1 5
the equilibrium price is $12 with 4 units demanded and supplied
Verbal/linguistic learners prefer learning activities that involve reading, writing, and speaking.
False
True
Answer:
I would assume it is true
Explanation:
I don’t know what the percentages are for each one
Answer:
thats correct
Explanation: