Answer:
c) guilty of hostile work environment sexual harassment.
Explanation:
- Sexual harassment is a behavior that is characterized by making unwelcome or inappropriate remarks or any physical advances in works place or any profession.
- Looking at the situation it can be seen that Kim, Layne, and joy are making there advances and repeatedly making solicited behavior thus are guilty of the hostile work environment and harassment.
Answer:
3,600 units
Explanation:
Given:
Selling price per unit = $30
Variable cost per unit = $12
Contribution per unit = Selling price - variable cost
= 30 - 12
= $18 per unit
Fixed cost = $54,000
Increase in fixed cost this year = 54,000 × 1.2 = $64,800
Break even point in units = Fixed cost / contribution margin
Since only fixed cost increase and selling price and variable cost remain same, contribution margin will be $18 per unit
Break even point in units = 64,800 / 18
= 3,600 units
Answer:
d. Ensure that net income or net loss and dividends for the period are closed into the retained earnings account.
Explanation:
Temporary accounts are closed at the end of accounting period so that net income, net loss and dividends for the period are closed into retained earnings account.
All the expenses and gains or income of kind accounts must be closed at the end of the year and in order to close them, they are transferred to either Trading Account or profit and loss Account.
Answer: $190,000
Explanation:
The required annual return should pay back the $450,000 in 3 years so that amount will be:
= 450,000 / 3
= $150,000
Depreciation will be:
= 450,000 / 5 years useful life
= $90,000
Assume the reductions that should be generated is r:
Required return = r - (r - depreciation) * tax rate
150,000 = r - (r - 90,000) * 40%
150,000 = r - 0.4r + 36,000
0.6r = 150,000 -36,000
r = 114,000 / 0.6
= $190,000
