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AVprozaik [17]
2 years ago
6

When Devin Spencer went to work for a printing shop, he thought he was going to have to join the union representing the shop. Ho

wever, on his first day of work he was told that while there was a union representing the workers, he was not required to join, and he didn't have to pay any dues to the union if he chose not to join. Devin evidently works in a state with a right-to-work law that allows a(n) __________ shop.
Business
1 answer:
jekas [21]2 years ago
4 0

Answer:

open

Explanation:

Since Devin is not required to pay anything or even join a labor union after employment, his workplace is called an open shop, according to the <em>right-to-work law</em>. In this kind of employment place, an employee's job <u>is not conditioned</u> by taking part in a union or paying any fees to it. This means that the employee can choose whether he/she wants to join a union or not

On the contrary, <em>closed shops</em> and <em>union shops</em> demand that their employees must be union members (or to become union members in a given period). Also, an agency shop is a type of workplace where employees can also decide whether they want to join a union or not. But, unlike in open shops, those who opt to remain "non-union" still have to pay a certain fee.

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Madsen Motors's bonds have 18 years remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon i
ivolga24 [154]

Answer:

$906.30

Explanation:

Face value (FV) = $1000

Coupon payment (C) = 7% of $1000 = $70

Yield to maturity (r) = 8% = 0.08

t = 18

Number of compounding periods (n) = 1 (annually)

Using the relation:

C[( 1 - (1 + r/n)^-nt) / (r/n)] + FV / (1 + r/n)^nt

70[(1 - (1 + 0.08)^-1*18) / (0.08/1)] + 1000 / (1 + 0.08/1)^1*18

70[1 - (1.08)^-18) / 0.08] + 1000 / 1.08^18

70[(1 - 0.2502490)/0.08] + (1000 / 3.99601949918)

70(9.3718871) + 250.24902

= $906.281117

= $906.30

6 0
2 years ago
Most purchases agreements are contingent on which two items
Dmitry_Shevchenko [17]
A purchase agreement is a legally binding contract that states the terms and conditions of purchasing a good/making a sale. This agreement is legally binding for both the purchaser and the seller. The agreement is contingent on being paid back at the date agreed and receiving the items that were intended to be paid for.  
7 0
3 years ago
Read 2 more answers
Assume a project will increase inventory by $61,000, accounts payable by $28,000, and accounts receivable by $36,000. what is th
masha68 [24]

The initial net working capital requirement for this project exists $69,000.

<h3>What is meant by net working capital?</h3>

The difference between a company's current assets such as cash, accounts receivable/unpaid invoices from customers, and inventories of raw materials and completed goods and its current liabilities such as debts and accounts payable is known as working capital, sometimes known as net working capital (NWC).

The difference between a company's current assets and current liabilities is known as net working capital. A company's balance sheet is used to calculate net working capital. The more net working capital you have, the more probable it is that your business will be able to pay its present commitments.

net working capital requirement = $61,000 − 28,000 + 36,000

net working capital requirement = $69,000

The initial net working capital requirement for this project exists $69,000.

To learn more about net working capital refer to:

brainly.com/question/26214959

#SPJ4

8 0
1 year ago
As the financial consultant to a classic auto dealership, you estimate that the total value (in dollars) of its collection of 19
Sophie [7]

Answer:

The owner will maximize value if it waits 29th years Assuming 5% continuos inflation

Explanation:

the price formula for the future years is:

v = 301000 + 960 t^{2}

while it is adjusted for inflation at:

v \times e^{-0.05t}

so the complete formula for value is:

\frac{301000 + 960 t^{2}}{e^{0.05t}}

Now, we can derivate and obtain the roots

Getting at a root exist at the 29th year.

The owner will maximize value if it waits 29th years Assuming 5% continuos inflation

8 0
3 years ago
______ occurs when people are hired or promoted, or denied hiring or promotion, for reasons not relevant to the job
Fantom [35]

Answer:

Workplace discrimination

Explanation:

Workplace discrimination is when someone is not treated well at work because of prejudices related to race, gender, religion, sexuality, among others. According to this, the answer is that workplace discrimination occurs when people are hired or promoted, or denied hiring or promotion, for reasons not relevant to the job because the person is treated differently because of prejudices.

3 0
3 years ago
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