The <em>Age Discrimination in Employment Act of 1967</em> prohibits discrimination against employees aged
<h3>What is Age Discrimination in Employment Act of 1967?</h3>
This refers to the government policy where there is the protection for people aged 40 and older from being discriminated and prevented employment.
With this in mind, we can see that this Act was enacted in 1967 in order to encourage the employment of older people who were previously rejected in favor for more younger people.
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At least 5 things you need to do as soon your bank closes your account: you need to understand and check with your bank why the account was closed, stop your direct deposits or automatic bill payments, check for outstanding overdrafts, get a copy of your chex systems report and e<span>valuate your options for a new account. </span>
Answer:
The journal entry is as follows:
Cash A/c Dr. $2,020,000
Discount on bonds payable A/c Dr. $59,216
To Bonds payable $2,000,000
To Paid in capital - stock warrants $79,216
(To record the issuance of the bonds and warrants)
Workings:
Cash:
= 2,000 × $1,000 × 101%
= $2,020,000
Discount on bonds payable:
= 2,000,000 - 2,020,000 × (980 ÷ 1,020)
= $59,216
Answer:
Production= 1,940 units
Explanation:
Giving the following information:
Sales (in units):
January= 1,700
February= 1,900
March= 2,100
Ending inventory for each month should be 20% of next month.
To calculate production, we need to use the following formula:
Production= sales + desired ending inventory - beginning inventory
Production= 1,900 + (2,100*0.2) - (1,900*0.2)
Production= 1,940 units
39 days of working capital financing does midas need to obtain from other sources.
Working capital, often referred to as net working capital, is the difference between a company's current assets—such as cash, accounts receivable, stocks of raw materials and finished goods—and its current liabilities—such as accounts payable and the percentage of debt due within a year.
The difference between current assets and current liabilities determines how much quick cash the company has on hand or has to raise.
When there is a positive working capital balance, current assets are greater than current liabilities.
On the other side, a negative working capital balance shows that current obligations are greater than current assets.
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