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GaryK [48]
3 years ago
6

The definition of supervisor as "any individual having the authority to hire, transfer, suspend, recall, or discipline other emp

loyees; or responsibility to direct them, or to adjust their grievances" comes from ?
Business
1 answer:
tatiyna3 years ago
7 0

Answer:

The Taft Hartley Act, 1947

Explanation:

The Taft Hartley Act, which is also referred to Labor Management Relations Act , came into force on June 23, 1947 as a means to control and regulate the powers of labor trade unions in the United States.

The act barred labor unions from carrying out unfair labor activities such as disruptive or political strikes or acts of solidarity. The act made a clear distinction between employees and supervisors.

Supervisors have the power to hire individuals, retain them, direct them, discipline their actions and also to address their grievances and complaints.

Supervisors as defined under the act are not prohibited from organizing unions. But unlike employees, their interests are not safeguarded from the outcome of those union activities.

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Legal ownership in one country does not necessarily mean ownership in other countries
Nonamiya [84]
The statement above is TRUE.
In common law countries, ownership of an intellectual property is established by prior use while in code law countries ownership is established by the registration of that property. Which means that legal ownership in one country does not necessarily mean ownership in other countries.
7 0
3 years ago
On November 1 of the current year, Rob Elliot invested $30,000 of his cash to form a corporation, GGE Enterprises Inc., in excha
andrew-mc [135]

Answer:

1. What is the amount reported for total  liabilities and stockholders' equity on  December 31?

$56,150 (same as total assets)

2. What is the retained earnings amount  reported on December 31?

= total equity - common stock = $37,785 - $30,000 = $7,785

3. How much does GGE Enterprises Inc.  owe to its creditors?

accounts payable = $56,150 - $37,785 = $18,365

4. How much cash is being held by GGE  Enterprises Inc.?

cash = $56,150 - $8,350 - $15,500 = $32,300

<u />

5. By what amount did retained earnings  increase or decrease during the period?

$7,785 - $5,000.00 from Nov.  = $2,785

6. What is the amount of profit or loss during  December?

profit = increase in retained earnings + dividends = $2,785 + $5,750 = $8,535

7. What were the total expenses for December?

total expenses = fees earned - December's profit = $27,250 - $8,535 = $18,715

8. How much was paid for utilities?

$18,715 - $6,450 - $4,625 - $1,220 - $400 = $205

Explanation:

the numbers are all mixed, so I looked for a similar question:

Cash ? = $56,150 - $8,350 - $15,500 = <u>$32,300</u>

Accounts Receivable $8,350.00

Land $15,500.00

Accounts Payable ? = $56,150 - $37,785 = <u>$18,365</u>

Common  Stock ? <u>$30,000</u>

Retained Earnings = $37,785 - $30,000 = <u>$7,785</u> ($5,000.00 from Nov. + $2,785 from Dec.)

Dividends $5,750.00

Fees Earned $27,250.00

Supplies  Expense $6,450.00

Utilities Expense ?

Wages Expense $4,625.00

Rent Expense $1,220.00

Miscellaneous  Expense $400.00

5 0
3 years ago
A machine with a cost of $148,000 and accumulated depreciation of $94,000 is sold for $68,000 cash. The amount that should be re
IRINA_888 [86]

Answer:

Zero

Explanation:

There are three types of activities in the cash flow statement which are described below:  

1. Operating activities: It includes those transactions which records cash payments and cash receipts. Like - collection, wages, etc.  

2. Investing activities: It records those activities which include purchase and sale of the long term assets. The purchase is an outflow of cash whereas sale is an inflow of cash .

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance. The issue of shares is an inflow of cash whereas redemption and dividend is an outflow of cash.

The sale of machine is an investing activity. Hence no amount would be reported i.e zero amount would be recorded

6 0
3 years ago
Gardiner, Inc. reported a retained earnings balance of $190,000 at December 31, 2024. In June 2025, Gardiner discovered that mer
Drupady [299]

Answer: $246,000

Explanation:

Merchandise costing $20,000 had been omitted from the Ending Inventory.

Ending inventory is deducted from Cost of Goods sold which means that the Cost of Goods sold was overstated by $20,000.

Cost of Goods sold are subtracted from sales to find Gross Income so if it was overstated then Income was understated by $20,000.

Accrued Revenue is to be added to Income so if it was omitted then income was understated by $50,000.

Income in total was therefore understated by = 20,000 + 50,000

= $70,000

The correcting entry is net of tax so;

= 70,000 * ( 1 - 20%)

= $56,000

Retained earnings will therefore be;

= 190,000 + 56,000

= $246,000

6 0
3 years ago
Mycenae is a simple Cobb-Douglas agricultural economy with constant returns to scale and competitive markets. Land and labor eac
Gekata [30.6K]

The term Growth refers to the process of Growing.It can also refer to an increase in size,number or strength

Explanation:

  • A growth strategy that aims at the expansion of inputs like capital accumulation,labor force which result in  the growth of the aggregate output is referred to as the Extensive Growth Strategy.

In the above question we can see that the labour supply has increased by 2% ,in simple words their has been an expansion in the labor force by 2%.Thus the growth was mostly Extensive Growth

8 0
3 years ago
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