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Vedmedyk [2.9K]
3 years ago
14

David is a police officer with the New York Police Department (NYPD).NYPD asks David to retire when he turns 65.It also informs

David that he is eligible for an annual pension of $40,000.David feels that he is a good police officer and that he has been unfairly discriminated against because of his age.He files a complaint under the Age Discrimination in Employment Act against the NYPD.Which of the following statements is true in this case?
A) David will most likely win the case as it is illegal to subject an employee who receives less than $44,000 a year to mandatory retirement.
B) David will most likely lose the case as it is legal for police officers to be subjected to mandatory retirement.
C) David will most likely lose the case as he is not a high-level employee.
D) David will most likely win the case as he is not yet 70, and it is only legal to subject employees who are 70 and older to mandatory retirement.
Business
1 answer:
romanna [79]3 years ago
3 0

Answer:

B) David will most likely lose the case as it is legal for police officers to be subjected to mandatory retirement.

Explanation:

According to relevant laws, an officer must retire upon attaining the age of 62 of after 20 years of uniformed service (if it is an Early Retirement) or 22 years of uniformed service (if it is a Normal Retirement).

Regardless of whether it is a Normal or Early retirement, the officer must disengage at the age of 62.

The relevant laws which govern the administration of the NYPD retirement process as wells pensions are:

  • the Administrative Code of the City of New York (NYCAC);
  • the New York State Retirement and Social Security Law (RSSL), and
  • the Rules of New York City Police Pension Fund (NYCPPF)

Cheers!

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Tanesha sells homemade candles over the Internet. Her annual revenue is $64,000 per year, the explicit costs of her business are
Alisiya [41]

Answer:

The answer is $47,000

Explanation:

Accounting profit profit doesn't consider opportunity cost. So the value for opportunity cost will be left out. It is Economic profit that considers opportunity cost.

Accounting profit = revenue - cost(explicit cost which is all cost involved in directly running the business e.g cost of sales, electricity cost, wage etc.)

Revenue = $64,000

Explicit cost = $17,000

Therefore, Accounting profit is

$64,000 - $17,000

=$47,000

8 0
3 years ago
The dry cleaning industry is in monopolistic competition. In the short​ run, the​ profit-maximizing price is​ $10 per item and t
vitfil [10]

Answer:

$ 0

Explanation:

Under monopolistic competition, firms reach equilibrium in the long-run: this equilibrium is a point in which the marginal cost of producing one additional unit of ouput are the same as the marginal revenue from the sale of the same additional unit of output.

In other words, in the long-run, firms under monopolistic competition can only break-even, they do no obtain economic profits.

4 0
3 years ago
"3. ERA Company’s controller accidentally erased the 3/1/20 balance for the Accounts Receivable account. However, she can see th
VikaD [51]

Answer:

The multiple choices are:

a.300,000

b.$400,000

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The correct option is C,$800,000

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closing receivables is $500,000

cash received during the month was $1,800,000

credit sales during the month was $1,500,000

Opening accounts receivable =$500,000+$1,800,000-$1,500,000

opening accounts receivable balance =$800,000

This is more like working backwards,as closing closing receivables formula is ;

closing receivables=opening receivable+credit sales-cash received

simply change the subject to opening receivables

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$3,585

Explanation:

The computation under the FIFO method is shown below:

The total purchase units equal to

= 10 units + 25 units + 30 units + 15 units

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10 units at $60 = $600

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20 units at $68 = $1,360

So, the total would be

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= $3,585

3 0
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Which of the following has the greatest impact on your cash flow?
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Answer:

 

Low-priced inventory with high turnover

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6 0
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