If a unionized company has a(n)<u> open </u>shop, the workers do not have to join the union, and they do not pay dues or fees to the union.
A unionized workplace is a process by which a company's employees are organized into trade unions, which act as intermediaries between employees and managers. In most cases, a majority vote of workers is required to approve a union.
An organized workplace is a stable workplace. Unionized workers typically enjoy more secure employment than non-union workers and often receive more favorable compensation and benefits packages. As a result, union members may be reluctant to leave the company for other opportunities, especially to move to a non-union environment.
Unionized workplaces have unions. A union is an organized group of workers, usually led by a union leader. The union is affiliated with the Confederation of Trade Unions of America, which oversees and supports union activity in a variety of industries, including education, manufacturing, skilled labor, and entertainment.
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Answer:
The closest answer is option A,$7649
Explanation:
The net present value of the investment is the present value of annual cost savings minus the initial cost of investment.
present of cash flow=cash flow/(1+r)^n
r is the discount rate of 12%
n is the year the cash flow relates to ,for instance year zero for the initial investment
NPV=-$54,000+$16,000/(1+12%)^1+$16,000/(1+12%)^2+$16,000/(1+12%)^3+$16,000/(1+12%)^4+($16,000+$7,000)/(1+12%)^5=$ 7,648.41
note that the project gives $7,000 in salvage value in year 5
Answer:
C) $90,000 income from the S corporation and $30,000 income from the C corporation.
Explanation:
An S corporation is a type of corporation that is subject to certain restrictions (e.g. total number of shareholders) because it is taxed like a general partnership, i.e. the corporation's income is not taxed at a corporate tax rate but is taxed as shareholders' gross income. This way shareholder can avoid double taxation.
If Bjorn owns 60% of the S corporation, then he will be taxed for 60% of the corporation's income = 60% x $150,000 = $90,000
Dividends from a C corporation are also taxed as gross income = $30,000
Answer:
Option 2 is slightly better.
Explanation:
Giving the following information:
They’ve offered you two different salary arrangements. You can have $85,000 per year for the next two years, or you can have $74,000 per year for the next two years, along with a $20,000 signing bonus today.
To determine which of the options is better, we need to calculate the present value. To do this we will assume an interest rate of 10% per year compounded annually.
PV= FV*(1+i)^n
<u>Option 1:</u>
PV= 85000/1.10 + 85,000/1.10^2= $147,520.66
<u>Option 2</u>:
PV= 20,000 + 74,000/1.10 + 74,000/1.10^2= 148,429.7
Option 2 is slightly better.
Answer:
We should not lower taxes for the wealthiest Americans because they own and run a lot of companies and businesses that we use. Lower income Americans want their leaders to understand or know what it’s like to be less wealthy so they’ll be more sympathetic towards lower income people and won’t do everything out of the want for more money. If they have to pay lower taxes, then that takes away from their ability to sympathize with lower income homes, and that would upset a lot of people.