<u>Answer:</u> If Norwing does not hire him because he is an African-American, the company has engaged in ethnic discrimination.
<u>Explanation:</u>
Workplace discrimination is illegal which can be based on race, religion, gender, age, disability, nationality origin etc. Ethnicity discrimination means people are from different groups such as racial, religious linguistic basis.
Norwing LLC has to only consider the skills and capability of the person to be in chief executive officer position. As Henry is the best-qualified applicant for the job the company has to consider in recruiting him rather than discriminate based on his ethnicity that is African-American or else the company has to face legal consequences.
Answer:
Compensation expense for 2021 = $120 million
Compensation expense for 2022 = $108 million
Compensation expense for 2023 = $114 million
Explanation:
Check the picture attached for the calculation
Answer:
Break even units = 858 adapters.
Explanation:
Revised selling price = $24 per adapter
Variable cost = $17 per adapter
Contribution per adapter = $24 - $17 = $7
Provided fixed cost = $6,000
Break even point in units =
= $6,000/$7 = 857.14
Since the unit cannot be rounded off downwards, we have
Final Answer
Break even units = 858 adapters.
Answer:
Its b (prospective investors)
Answer:
a) the liability recorded when cash was received is decreased by the adjustment for the revenue being earned
Explanation:
When cash is received for revenue yet to be earned, it is called deferred revenue. The entries posted at this point is a Debit to Cash (an increase in cash balance) and a Credit to Deferred revenue (a liability account). When the revenue gets earned, it get recognized with a Debit to Deferred revenue (to reduce the liability as the obligation has been fulfilled resulting in revenue being earned) and a Credit to Revenue (P/L).
Hence, the right option is a) the liability recorded when cash was received is decreased by the adjustment for the revenue being earned.