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Nata [24]
3 years ago
9

Ben, a 44-year-old middle manager at a well-known advertising firm, just lost his job. The company downsized due to a significan

t loss of clients during the last recession. Although Ben’s work was considered exemplary in many ways, and his staff had won awards with their creative work, the company decided to let Ben go instead of another middle manager who was a minority. In a business setting, we call this occurrence ___________________.
A.reverse discrimination.
B. forward discrimination.
C. affirmative action.
D. affirmative control
Business
1 answer:
irina1246 [14]3 years ago
4 0

Answer:

a

Explanation:

because they went with someone less qualified

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Ben Gordon, Inc. manufactures 2 products, wheels and seats. The company has estimated its overhead in the assembling department
FromTheMoon [43]

Answer:

$90,000

Explanation:

We could allocate assembly overhead on the basis of the parts used in the assembly process:

wheels ⇒ 300,000 x 2 parts = 600,000 parts

<u>seats ⇒ 600,000 x 3 parts = 1,800,000 parts</u>

total parts assembled     2,400,000 parts

overhead costs per part assembled = $360,000 / 2,400,000 parts = $0.15 per part

so the overhead allocated to wheels should be = 600,000 parts x $0.15 per part = $90,000

7 0
2 years ago
Before it was publicly known that IBM was going to take over Lotus Development, an IBM secretary told her husband, who told two
aalyn [17]

Answer:

Insider Trading

Explanation:

These people were insider trading because they were using non public material information to trade stocks and make profit. The information was confidential thus it was non public and the information could change the price of the stock that is why it was material and these people used this information to trade the stock thus they were all insider trading.

4 0
3 years ago
P13–11 EPS calculations Southland Industries has $60,000 of 6% (annual interest) bonds outstanding, 1,500 shares of preferred st
777dan777 [17]

Answer:

$1.28

Explanation:

The computation of the earning per share is shown below:

As we know that

Earning per share = Net income ÷ Number of shares outstanding

where,

Net income is

Earning before interest and taxes      $24,600

Less: Interest

($60,000 × 6%)                                      - $3,600

Income before tax                                  $21,000

Less: tax for 40%                                    - $8,400

Earning after tax                                     $12,600

Less: Preference dividend

(1,500 shares × $5)                                  -$7,500

Income available                                       $5,100

So the earning per share is

= $5,100 ÷ $4,000

= $1.28

3 0
3 years ago
A notice is published stating that RMO 5% convertible preferred stock will be called at $60 per share. The preferred is converti
dybincka [34]

Answer: d. A price near $60

Explanation:

The Preferred Stock was selling at $56 then a notice was circulated that RMO would be calling the stock at a price of $60.

This $60 is more than the current $56 and so this will need to reflect in the price of the stock. The adjustment will cause the Preferred stock to start trading near $60 as traders will seek to take advantage of the impending call by buying at a lower price and thus making a bit of profit when the stock is called at $60. The market will adjust to this because the Preferred stock will be perceived as undervalued. A price closer to the Call price will therefore become the new price to properly value the stock.

6 0
3 years ago
Which job profile is most suitable for a graduate looking for a contract job in sales?
ozzi
The best job that you can find in sales if you are a fresh grad is of course an in house sales representative. Many different industries are in need of in house sales representatives. Real estate companies need a lot of sales representatives in their team in order to push their properties. Pharmaceutical companies are also in need of sales representatives to push their products. These guys are called medical representatives. 
6 0
2 years ago
Read 2 more answers
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