Answer: Trained incapacity
Explanation: In simple words, it refers to the idea that after gaining a certain kind of education, skill or experience etc. the level of thinking of an individual cannot go beyond a certain limit.
In the given case, the manager was the upper level employee and was not habitual to the work that was performed by the workers in the restaurant.
Therefore this position in the workplace limited his skills of performing only the managerial work.
Hence from the above we can conclude that the above case depicts trained incapacity.
On January 30, the due date of the note, Wright will record the payment with a debit to Interest Expense in the amount of $100.
Explanation:
- On November 1, Wright Co. borrowed $20,000 cash from the Third Bank by signing a 90-day, and 6% of interest-bearing note.
- On December 31, it was recorded an adjusting entry to interest expense of $200.
- On January 30, which is the due date of the note, Wright will record the payment with a debit to Interest Expense in the amount of $100.
- Interest expense is an expense which is known as a non-operating expense which is shown on the income statement. It also represents interest payable amount when it is borrowed. For Example,
- bonds,convertible debt, loans or lines of credit
- The main difference between the interest expense and the interest paid is that the discount amount and this difference changes the net amount of bond liability.
- Interest expense is an amount determined by the interest rate on an account.
Answer:
Aftertax income 47,278.7
Explanation:
Sales 14,600 units at $14.30 (10%Δ) 208,780
Cost of goods sold (unchanged) <u> (116,800) </u>
Gross profit 91,980
S&A expenses; 5% of sales
208,780 x 5% = (10,439)
Depreciation (unchanged) <u> (14,000) </u>
Operating profit 67,541
Taxes (30% of operating profit) <u> 20,262.3 </u>
Aftertax income 47,278.7
" There is an unequal distribution of power in the company " best explains this situation
Explanation:
Inequity is the almost inevitable result of two strong forces:
human bias and socioeconomic injustice.
One may debate whether or not power imbalances and other social inequalities induce bias.
(Even though the notion of a single variable approach to these debates encourages most of us, the truth is more complex; each one strengthens the other and this always results in a chicken and egg debate.)
Unfairness and discrimination can also be found interchangeably with everyday terminology.
I presumption a difference here: the definition of the word 'inequality' and the control of the expression 'inequity.' Inequality contributes to the allocation of such products, some of which earn more than others. Inequity stretches into this: not just unequal allocation; disproportionate and unjust allocation.
