From the described case in the question, it is clear that Frank believes in doctrine called at-will employment or employment at-will.
At-will employment is a <u>U.S term used for a condition where an employee can be fired at anytime and without any warning as long as the reason isn’t illegal by law</u>.
This type of doctrine is no longer the main doctrine used in most U.S states by the 20th century, but it was commonplace during the late 19th century.
Answer:
c. $900
Explanation:
The computation of the earnings before taxes (EBT) is shown below:
= Sales - operating costs other than depreciation - depreciation expense - outstanding bonds × interest rate
= $10,000 - $7,250 - $1,250 - $8,000 × 7.5%
= $10,000 - $7,250 - $1,250 - $600
= $900
We ignored the state income tax rate of 25% and the rest of the items would be taken for the computation part
Answer:
The answer is $870,000.
Explanation:
Land assessment and property charge are similar things. The IRS utilizes the expression "land assess", however the vast majority call it "property impose". Property (land) impose is charged on steady property. Land structures that are forever appended to the ground, for example, a house, building, or land. In the event that your loan specialist set up an escrow represent your home loan, every month you'll additionally make an escrow installment to cover your property assessments and mortgage holders protection. Your loan specialist will store this sum into your escrow account and will pay for both of these things for your benefit when they are expected.
Answer:
B) make the process of dealing with the problem as open as possible.
Explanation:
As the owner of the company, you need to focus on two things:
- solve the problem as fast as you can so the factory starts to operate again.
- engage in public relations activities to reduce the negative effects caused by the factory shutdown. Trying to hide the problem or blaming others for strike wouldn't help your company.
Answer:
The answer is A.
Explanation:
a. subtract the balance of Allowance for Doubtful Accounts from Accounts Receivable
, because
the account receivables is an asset account, so must be subtracted the allowance of doubtful receivables, which functions as a regularizing account of the asset.
Option B is not appropriate since it subtracts the expense recognized in the period and not the total forecast
.
and option C and D <em><u>add </u></em>the receivables that are considered doubtful or uncollectible, so it is not appropriate either.