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Gwar [14]
3 years ago
10

Rheingold Supply has a seniority system by which employees who have worked the longest are first in line for promotions and last

to be laid off. As a result, most of the senior managers at Rheingold Supply are men. If Jane files a claim of illegal discrimination, Rheingold Supply __________
Business
1 answer:
Svet_ta [14]3 years ago
5 0

Answer:

Rheingold supply will have a genuine defense against such claim.

Explanation:

The seniority system within Rheingold supply doesn't talk on either the employee is a male or a female rather it gives preference to the amount of year with which an employee has stayed within the organization during promotion.

Therefore Rheingold supply has a genuine defense against such claim, so the files an claim of illegal discrimination by Jane will be falsified.

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Walker's has a price-earnings (PE) ratio of 16 compared to its industry average of 17. Generally speaking, which one of these st
Snowcat [4.5K]

Answer:

Walker's did not outperform because it PE Ratio is close to Industry average. Industry's data is based on average which means some of the firms may have very high PE ratio and some might have quite lower than the average. It is not obvious that the Walker's outperformed or under-performed. Complete data about the individual firms might make us able to compare the performance of Walker's. Apparently its performance is up to the mark as its PE ratio is very close to Industry average.

Explanation:

<u>PE Ratio</u> is a term which show the investors confidence on the firm. It shows that how much price investors are willing to pay against each unit of earning.

4 0
4 years ago
On the last day of December 2016, Camreyâs Trucks entered into a transaction that resulted in a receipt of $216,000 cash in adva
Andrei [34K]

Answer:

A. $ 1,293,470

B. $216,000

C. $128,000

Explanation:

A. Calculation for how much service revenue will be reflected on the december 31, 2016 income statement

Service Revenue show on the Trial Blance = $1,165,470

Add: Services which were neither billed nor paid = $ 128,000

Service Revenue reflected in the Dec.,31 2016 income statement =$ 1,293,470

Therefore how much service revenue will be reflected on the december 31, 2016 income statement will be $ 1,293,470

B. Calculation for how much will be reported on the December 31, 2016 Balance sheet as unearned revenue

Based on the information given we were told

that the company entered into a transaction which had resulted in the company receiving the amount of $216,000 as a cash in advance On the last day of the month of December 2016 which is related to services that will be provided during the month of January 2017 which means that the amount of $216,000 will be the amount of cash to be reported on December 31, 2016 Balance sheet as unearned revenue.

C. Calculation for how much that will be reported on the December 31, 2017 Balance sheet as accounts receivable

Based on the information given we were told that the During the month of December of 2016, the company as well rendered a service of the amount of $128,000 in which the service rendered were neither billed nor paid which means that the amount of cash the company will report on December 31, 2017 Balance sheet as accounts receivable will be $128,000.

6 0
3 years ago
Can financial markets help deploy renewables? Please explain in three sentences.
Iteru [2.4K]

The global renewable energy market was valued at $881.7billion in 2020, and is projected to reach $1,977.6 billion by 2030, growing at a CAGR of 8.4% from 2021 to 2030

8 0
2 years ago
A 15-year mortgage typically requires higher monthly payments than a 30-year mortgage but the total interest over the life of th
Artist 52 [7]
<span>Suppose you have $100 in a savings account earning 2 percent interest a year. ... True or false: A 15-year mortgage typically requires higher monthly payments than a 30-year mortgage but the total interest over the life of the loan will be less.</span>
7 0
3 years ago
If a firm permanently borrows $100 million at an interest rate of 8 percent, what is the present value of the interest tax shiel
Vinil7 [7]

Answer:

The present value of the interest tax shield = 30% x $100 million = $30 million.

Explanation:

The interest tax shield refers to the amount of money that a business can deduct form income taxes due to interest expenses. A business can deduct the whole amount of money it spends as interest expenses. This deductions reduce the total costs of borrowing money.

8 0
3 years ago
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