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jok3333 [9.3K]
3 years ago
15

Which act prohibits an employer from paying an employee of one gender less money than an employee of the opposite gender where t

he jobs require equal skills, effort, and responsibility and are performed under similar working conditions
Business
1 answer:
solniwko [45]3 years ago
6 0

Answer:

Equal pay act

Explanation:

The equal pay act refers to that act in which the men and women are treated equally and therefore they give equal pay for doing the work. Also, in the united states, it prohibits gender-based discrimination.

Therefore in the given case since the requirement of the job is equivalent to the skills, effort, duties, responsibilities and contains the similar working conditions but it would prohibited the case of not following the equal pay due to the difference in gender

so this is a case fo equal pay act

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Imagine that you are a parent, and your child is going to college in 4 years. Tuition fees amount to $16,000 a year for each of
LiRa [457]

Answer:

lump sum money= $52653

Explanation:

Giving the following information:

Your child is going to college in 4 years.

Tuition fees amount to $16,000 a year for each of the 4 years.

You plan on depositing a lump sum of money today in a bank account paying 5% interest a year.

The first tuition fee payment you make will be 4 years from now.

FV= 16000*4= $64000

n= 4 years

i= 0.05

We need to find the annual payments:

PV= FV/(1+i)^n

PV= 64000/1.05^4= $52653

7 0
3 years ago
After conducting a market research study, Magnificent Manufacturing decided to produce a new interior door to complement its ext
marta [7]

Answer:

Target sales revenue = $7,830,000

Explanation:

given data

target price = $270

annual target sales volume = 29,000

target operating income = 40%

to find out

Target sales revenue

solution

we will get here Target sales revenue that is express as

Target sales revenue =  target price × annual target sales volume   .................1

put here value we get

Target sales revenue = $270 × 29000

Target sales revenue = $7,830,000

6 0
3 years ago
Last year, Company X paid out a total of $1,050,000 in salaries to its 21 employees. If no employee earned a salary that is more
slamgirl [31]

Answer:

$42,000

Explanation:

Let L be the lowest possible salary;

the maximum salary would be (L x 20%) + L = 1.2L

If we want to determine the minimum value for L, we need to assume that everyone else earns the maximum salary: 20 employees earn 1.2L each

L + 20(1.2L) = 1050000

L + 24L = 1050000

25L = 1050000

L = 42000

4 0
3 years ago
Real GDP is the value of final goods and services produced in a year expressed in the prices of that same year. during a recessi
laila [671]

Answer:

The correct answer is: expressed in the prices of a base year.

Explanation:

Real GDP is an inflation-adjusted measure to calculate changes in economic output. It calculates the value of final goods and services produced in an economy in a year expressed in the prices of a base year.

Real GDP does not include changes in the price of products as it is calculated at constant prices.  

Nominal GDP, on the other hand, is calculated on the basis of current prices. It includes changes in prices and is not inflation-adjusted. That is why real GDP is preferred over nominal GDP.

6 0
3 years ago
Assume that you would like to purchase 100 shares of preferred stock that pays an annual dividend of $6.00 per share. However, y
butalik [34]

Answer:

$267.1211

Explanation:

return on preference share per unit is $6  , thus at 12% annual rate of return. Initial value of preference shares will be $50 per unit ( $6 divided by 12%).

Total value of preference shares = $50 multiplied by 100 preference shares = $5000

Future value of preference shares = 5000 (1.12)^5  = $8,811.7084

to find the value of money to be deposited to be able to buy the preference shares at the end of 5 yrs.

we work back to get the present value using the mutual fund annual rate

$8811.7084 = pv (1.06)^60  the rate is compounded monthly. Hence we shall compound the return 60 times in 5 years

Bank account money = 8811.7084  divided by 32.9877 = $267.1211

5 0
3 years ago
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