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kodGreya [7K]
3 years ago
6

What piece of U.S legislation acts as the primary authority on collective bargaining

Business
1 answer:
kramer3 years ago
3 0
The main body of law governing collective bargaining is the National Labor Relations Act (NLRA). It is also referred to as the Wagner Act. It explicitly grants employees the right to collectively bargain and join trade unions. The NLRA was originally enacted by Congress in 1935 under its power to regulate interstate commerce under the Commerce Clause in Article I, Section 8 of the U.S. Constitution. It applies to most private non-agricultural employees and employers engaged in some aspect of interstate commerce. Decisions and regulations of the National Labor Relations Board (NLRB), which was established by the NLRA, greatly supplement and define the provisions of the act.

The NLRA establishes procedures for the selection of a labor organization to represent a unit of employees in collective bargaining. The act prohibits employers from interfering with this selection. The NLRA requires the employer to bargain with the appointed representative of its employees. It does not require either side to agree to a proposal or make concessions but does establish procedural guidelines on good faith bargaining. Proposals which would violate the NLRA or other laws may not be subject to collective bargaining. The NLRA also establishes regulations on what tactics (e.g. strikes, lock-outs, picketing) each side may employ to further their bargaining objectives.

State laws further regulate collective bargaining and make collective agreements enforceable under state law. They may also provide guidelines for those employers and employees not covered by the NLRA, such as agricultural laborers.

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The following T-account is a summary of the cash account of Buffalo Industries. Cash (Summary Form) Balance, Jan. 1 21,600 Recei
kupik [55]

Answer:

$702,000

Explanation:

The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.

The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.  

The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.

An increase in assets other than cash is an outflow while an increase in liabilities is an inflow. Depreciation and other non-cash expenses deducted in the income statements are added back while the non-cash income such gain on asset are deducted from net income.

The amount of net cash provided (used) by financing activities should be reported in the statement of cash flows

= -$108,000 + $810,000

= $702,000

Other transactions are either operating or investing activities related.

5 0
3 years ago
Maryland Incorporated produces toys. Total manufacturing costs are $ 370 comma 000 when 60 comma 000 toys are produced. Of this​
ludmilkaskok [199]

Answer:

The total production costs when 105 comma 000 toys are​ produced are $467,500

Explanation:

Manufacturing or production costs are the costs which is incurred to Manufacture / produce the products being sold.

Total Manufacturing Cost = $370,000

Variable cost = $130,000

Variable cost per unit = $130,000 / 60,000 = $2.17

Total Fixed Cost = Total Manufacturing cost - Variable cost

Total Fixed Cost = $370,000 - $130,000 = $240,000

Total Production cost = Variable cost + Fixed Cost

Total Production cost = ( 105,000 x 2.17 ) + $240,000

Total Production cost = $227,500 + $240,000 = $467,500

6 0
3 years ago
Shannon Reeves and Tish Phillips remember their experiences with student protests in the 1960s. Shannon remembers seeing Jimi He
NeTakaya

These memories about cultural heroes and events are one of the chief characteristics of an age <u>cohort</u>.

<h3>What does a cohort mean?</h3>

A cohort is a group of people who have similar demographic traits or life experiences, such as age but not exclusively. Cohort effects are typically masked by age in cross-sectional research. Cohorts can be, for instance: individuals who had children in the same year. People who retire simultaneously.

<h3 /><h3>What characteristics do cohort study have?</h3>

The distinguishing characteristic of a cohort study is that the researcher selects participants at a time when they do not yet have the desired outcome and examines the occurrence of the desired outcome between groups of exposed and unexposed (or less exposed) people.

To know more about the cohort study, visit:

brainly.com/question/29654815

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5 0
1 year ago
The company estimates that it can issue debt at a rate of rd = 9%, and its tax rate is 40%. It can issue preferred stock that pa
klio [65]

Answer:

a)

Cost of debt (after tax) = 5.4%

Cost of preferred stock (r_p)  = 10.53%

Cost of common stock (r_e) = 16.18%

b)

WACC = 14%

c)

project 1 and project 2

Explanation:

Given that:

Debt rate (r_d) = 9% = 0.09

Tax rate (T) = 40% = 0.4

Dividend per share (D_p) = $6

Price per share (P_p) = $57

Common stock price (P_0)= $39

Expected dividend (D_1) = $4.75

Growth rate (g) = 4% = 0.04

The target capital structure consists of 75% common stock (w_e), 15% debt (w_d), and 10% preferred stock  (w_p)

a)

Cost of debt (after tax) =`r_d(1-T)= 0.09(1-0.4)=0.09*0.6=0.054

Cost of debt (after tax) = 5.4%

Cost of preferred stock (r_p) = \frac{D_p}{P_P}=\frac{6}{57}=0.1053 = 10.53%

r_p = 10.53%

Cost of common stock (r_e) = \frac{D_1}{P_0} +g=\frac{4.75}{39} +0.04=0.1618

r_e = 16.18%

b)

WACC=w_dr_d(1-T)+w_er_e+w_pr_p\\WACC=0.15*0.09(1-0.4)+0.75*0.1618+0.1*0.1053=0.14

WACC = 14%

c) Only projects with expected returns that exceed WACC will be accepted. Therefore only project 1 and project 2 would be accepted

4 0
3 years ago
Assume US GAAP to answer this question. In 2017, $2 million in wages were earned and no cash wages were paid. In 2018, $8 millio
kari74 [83]

Answer: a. Liabilities increased by $1.0 million in 2018

Explanation:

In 2018, $9 million was used to settle the wage debt of 2017 and the remainder was used to settle the wages in 2018.

The money remaining in cash after the wage settlement was:

= 9,000,000 - 2,000,000 - 8,000,000

= -$1,000,000

This means that $1,000,000 of wages was not settled in 2018 which means that this would have to go to the Wages Payable account to signify that the company owes wages.

This account is a liability account so liabilities in 2018 would increase by $1,000,000.

6 0
3 years ago
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