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anyanavicka [17]
3 years ago
7

A white college receptionist is fired when it is found that she told a black college applicant that the applications for admissi

ons are distinguished by race by the notation of a small RH in the corner of black applicants’ applications. "RH," she says, is her supervisor’s term for "raisin heads," which he calls African-Americans. Is the employee entitled to reinstatement? [Jet magazine article.]
Business
1 answer:
aleksandr82 [10.1K]3 years ago
3 0

Probably the employee will be entitled to reintegration into the company.  The employee probably lost her job because she exposed the discriminatory employment conditions of blacks in that company. In this case, it is possible for the employee to take legal action for retaliation against her rights, protected by Title VII.

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How does the payment of rent for equipment affect the accounting equation? assets increase; assets decrease assets decrease; sto
djverab [1.8K]
The answer to this question is <span>assets decrease; stockholders' equity decreases 

The journal for this transaction would be

Debit:  Rent expense       xxxxx
Credit:         Cash                                xxxx
 
 Since cash is considered an asset, it will decrease asset if it placed on credit.
 Since expense will reduce net income that will be allocated to stockholders' equity, it will reduce stockholders' equity when placed on debit     </span>
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3 years ago
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Tanner-UNF Corporation acquired as a long-term investment $200 million of 7% bonds, dated July 1, on July 1, 2018. The market in
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Answer:

1. Prepare the journal entry to record Tanner-UNF’s investment in the bonds on July 1, 2018 and interest on December 31, 2018, at the effective (market) rate.

July 1, investment in UNF bonds

Dr Investment in bonds HTM 200,000,000

   Cr Cash 160,000,000

   Cr Discount on bonds 40,000,000

December 31, interest revenue from investment in bonds

Dr Cash 7,000,000

Dr Discount on bonds 200,000

   Cr Interest revenue 7,200,000

Discount on bonds = ($160,000,000 x 4.5%) - ($200,000,000 x 3.5%) = $7,200,000 - $7,000,000 = $200,000

2. Prepare any additional journal entry necessary for Tanner-UNF to report its investment in the December 31, 2018, balance sheet.

Investment in bonds HTM = $200,000,000 (face value) - $39,800,000 (discount on bonds) = $160,200,000

Changes in the market value of bonds held to maturity are not considered by the company.

4. Suppose Moody's bond rating agency downgraded the risk rating of the bonds motivating Tanner-UNF to sell the investment on January 2, 2019, for $310.0 million. Prepare the journal entry to record the sale.

Dr Cash 150,000,000

Dr Dr Discount on bonds 39,800,000

Dr Loss on investment in bonds HTM 10,200,000

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3 0
3 years ago
What are adjustable rates for life policy loans in florida based on?
cestrela7 [59]
The adjustable rates for life policy loans in Florida are based on Moody's Corporate Bond Index. These bonds have a maturity life of 30 years and are highly rated to earn more value and money as time progresses. The Moody Corporate Bond Index is also know as Moody's Seasoned Corporate Bond Yield.
8 0
4 years ago
Dwight was working with two of his colleagues to create a marketing plan for his company's new product. The team was scheduled t
amm1812

Answer:External locus of control

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A person with an external locus of control , is the person who tends to believe that outside factors are in control on what happens to them .

Dwight blames an inaccurate profile of the geographic area as the reason why the plan was not final.

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3 years ago
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WILL GIVE BRAINLIEST!! Answer the following 3 questions A, B, or C
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Answer:

B

C

A

Explanation:

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