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Zepler [3.9K]
3 years ago
7

Neal joins Filestene Inc. as an executive designer. The HR manager informs him that he will have to join the labor union within

a period of 30 days from his start date. In the context of the security provisions related to union membership, Neal's HR manager is referring to a(n) _____ arrangement.A. closed shopB. maintenance of membership provisionC. agency shopD. checkoff provisionE.union shop
Business
1 answer:
Gnesinka [82]3 years ago
7 0

Answer: (E) Union shop

Explanation:

 The union shop arrangement is refers to the process in which we require the number of workers for join and also participate in the specific union and it is also called as the post entry or the closed shop.

The workers or the union representatives also providing the various types of benefits in the specific time period. Depending on the different protection level the trade unions are varying nation to nations.

According to the given question, the Neal's human resource manager is basically referring to the union ship that is related to the union membership.    

Therefore, Option (E) is correct answer.  

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Selected comparative financial statements of Korbin Company follow:
Oksanka [162]

Answer:

Korbin Company

Selected Comparative Financial Statements:

1. KORBIN COMPANY  Comparative Income Statements

For Years Ended December 31, 2017, 2016, and 2015

                                      2017         %           2016        %            2015        %

Sales                         $515,770    100%   $395,122  100%   $274,200   100%

Cost of goods sold    310,494      60%    250,507    63%      175,488     64%

Gross profit               205,276      40%      144,615    37%        98,712     36%

Selling expenses        73,239       14%       54,527    14%         36,194     13%

Admin.  expenses       46,419        9%        34,771      9%        22,759      8%

Total expenses         119,658       23%      89,298     23%       58,953     21%

Income before taxes  85,618       17%        55,317      14%       39,759     15%

Income taxes             15,925         3%        11,340        3%          8,071       3%

Net income             $69,693        14%   $43,977        11%      $31,688     12%

2. KORBIN COMPANY

Balance Sheet Data in Trend Percents

for December 31, 2017, 2016, and 2015

                                                  2017            2016             2015

Assets

Current assets                        100.00 %          78%             105%  

Long-term investments          100.00            500%          3,690%

Plant assets, net                     100.00             107%             64%

Total assets                            _124__%       _121_ %       100.00 %

Liabilities and Equity

Current liabilities                    _104_ %       _103__ %     100.00 %

Common Stock                       100.00           100%             75%

Other paid-in capital               100.00           100%            66%

Retained earnings                  100.00             92%            84%

Total liabilities and equity      _124_ %         _121_ %      100.00

Explanation:

a. Data:

KORBIN COMPANY

Comparative Balance Sheets

December 31, 2017, 2016, and 2015

                                                 2017             2016             2015

Assets

Current assets                    $53,867       $42,145        $56,338

Long-term investments            0                   500            3,690

Plant assets, net                 100,040       106,805           63,791

Total assets                      $153,907     $149,450        $123,819

Liabilities and Equity

Current liabilities               $22,470     $22,268         $21,668

Common stock                     71,000        71,000           53,000

Other paid-in capital              8,875          8,875             5,889

Retained earnings               51,562        47,307           43,262

Total liabilities & equity  $153,907    $149,450         $123,819

b) In an income statement vertical analysis, each line item is calculated as a percentage of the sales, which is itself 100%.  This enables the proportional analysis of all the items to be computed about their financial performance in relation to the sales for the period.  It can help management to dictate unusual items, errors, and other outliers.

c) The balance sheet trend analysis shows whether the entity's financial position is improving or not in relation to the base period.  Each item is compared horizontally across periods.  The calculation of trend uses the amount in the non-base year and divides it by the amount of the base year x 100.

4 0
3 years ago
The controller of Hendershot Corporation estimates the amount of materials handling overhead cost that should be allocated to th
MAXImum [283]

Answer:

$14,506

Explanation:

Calculation to determine what the total materials handling cost allocated to the wall mirrors is closest to:

First step is to calculate Material handling cost per labor hour

Material handling cost per labor hour = $16,754.50 / [(12,900 * 9) + (1,500 * 12)]

Material handling cost per labor hour =$16,754.50/(116,100+18,000)

Material handling cost per labor hour = $16,754.50/134,100

Material handling cost per labor hour =0.124940

Now let calculate the Materials handling cost allocated to wall mirrors

Materials handling cost allocated to wall mirrors = 12,900 *9*0.124940

Materials handling cost allocated to wall mirrors = $14,506

Therefore the total materials handling cost allocated to the wall mirrors is closest to:$14,506

8 0
3 years ago
Consider a stock priced at $30 with a standard deviation of 0.3. The risk-free rate is 0.05. There are put and call options avai
Elza [17]

Answer:

-$11

Explanation:

Covered Call involves Buy stocks and Sell call options

Earning $2.89 by selling call. So, at  stock price of $27, the payoff from options is $2.89 per option

Options Profits = $2.89 * 100

Options Profits = $289

Profit of stock = ($27 - $30) * 100

Profit of stock = -$300

Investor Net Profit = Profit of stock + Options Profits

Investor Net Profit = -$300 + $289

Investor Net Profit = -$11

6 0
2 years ago
URGENT QUESTION - BUSINESS/COMPUTERS - I JUST NEED ADVICE/HELP
Korolek [52]
Hop it helped you and you get a good grade on that assignment 
6 0
3 years ago
Read 2 more answers
​Use the following to answer the questions. ​ Suppose that Ray-Ban is considering a new line of sunglasses that would be sold in
Delvig [45]

Answer: Demand based pricing

Explanation:

Ray-Ban's plan of gathering information about the other brands sold in department stores, which includes their prices, would most likely be used in a demand based basis for pricing

Demand-based pricing, refers to the method of pricing whereby the fluctuations in the demand of consumers is considered.

Due to the flctuations, the prices are adjusted in a way that fits the changes in the values of the product.

4 0
3 years ago
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