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3 years ago

What changes has affirmative action brought

1 answer:

3 0

Affirmative Action is a policy which function by favouring the cause of disadvantaged set of people who are suffering or had suffered from discrimination within a community. The group was established in the 1960s. The major goals of this group is to: close the gaps of employment inequalities and pay, increase access to education, promote diversity and address past injustices. Affirmative Action had produced both positive and negative outcomes. Positive outcomes include: closing the gaps in employment eligibility and payment, increasing number of people having access to education and promotion of diversity. Negative outcomes include: driving away of skilled labour which resulted in poor economic growth and mismatching of skills.

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The following is the adjusted trial balance for Nadia Company. Nadia Company Adjusted Trial Balance December 31 Account No. Debi

muminat

Answer:

Net Income = $2,980

Statement of owner's equity = $15,280

Total Assets = $19,050

Total Liabilities = $3,770

Explanation:

Requirement A) Income Statement

Nadia Company

Income Statement

For the Year Ended December 31, 20X9

Revenues: $ $

Fees Earned 10,930

Expenses:

Wages expense 2,450

Rent expense 1,900

Utilities expense 1,475

Depreciation Expense 1,150

Miscellaneous Expense 975

Total Expenses (7,950)

Net Income 2,980

Nadia company's total revenue exceeds the total expenses, therefore, the company earns a net income of $2,980.

Requirement B) Statement of owner's equity

Nadia Company

Statement of Owner's Equity

For the Year Ended December 31, 20X9

Particulars $

Beginning Capital 10,000

Add: Additional investment (Capital) 3,000

Add: Net income for the year 2,980

15,980

Less: Drawings 700

Capital, December 31 (Ending Capital) 15,280

The amount of $15,280 is the total owner's equity for the company. The company will this amount in the balance sheet as well.

Requirement C) Balance Sheet

Nadia Company

Balance Sheet

As At December 31, 20X9

Particulars $ $

Assets

Current Assets

Cash 5,130

Accounts Receivable 3,300

Prepaid Expenses 420

Total Current Assets 8,850

Property, Plant, and Equipment

Equipment 12,400

Less: Accumulated Depreciation (2,200)

Total Property, Plant, and Equipment 10,200

Total Assets 19,050

Liabilities & Owner's Equity

Liabilities

Current Liabilities

Accounts Payable 700

Notes Payable (Short-term) 3,070

Total Liabilities 3,770

Owner's Equity

Owner's Equity (From requirement B) 15,280

Total liabilities and owner's equity 19,050

Therefore, Total Assets = Total Liabilities + Owner's Equity

5 0

2 years ago

According to a summary of the payroll of Scotland Company, total salaries were $500,000. Assume that social security taxes are p

OleMash [197]

Answer:

The journal entry to record accrued salaries would include a credit to salaries payable of $364500.

Explanation:

Salaries payable = 500000 - (500000*6%) - (500000*1.5%) - 98000

= $364500

Therefore, The journal entry to record accrued salaries would include a credit to salaries payable of $364500.

5 0

3 years ago

A project manager is overseeing a complex custom CSM solution that has rigorous quality standards and tight schedule constraints

nexus9112 [7]

The kind of power that the project manager should try to use in this type of situation is an: expert power.

A project manager refers to an individual who is saddled with the responsibility of planning, controlling, maintaining, and managing a group of people (team members) that are working under him or her, especially for the execution of a project.

In Project management, a project manager has different kinds of power and these include:

Referent power

Reward power

Coercive (penalty) power

Formal (legitimate) Power

Expert power

Expert power is one of the most effective kinds of power and it is typically possessed by a project manager that is a professional (expert) in a particular subject, field or project.

Since the project manager is working in a weak-matrix organizational environment and has no power or budget to reward her team members, she should use her expert power to oversee the complex custom CSM solution project.

In conclusion, the kind of power that the project manager should try to use in this type of situation is an expert power.

Read more on expert power here: brainly.com/question/25622349

7 0

2 years ago

As a store manager, Leah has to play the role of negotiator, such as purchasing products at a fair price for her company. As she

zaharov [31]

Answer:

decisional

Explanation:

She is playing a decisional role in the above scenario since she has to make the necessary arrangements and arguments and select the best possible price for the given scenario.

7 0

3 years ago

Karen makes $10 per hour and is paid time and

lozanna [386]

Answer:

B.$520

Explanation:

52 x 10

=520

5 0

3 years ago