Answer:
<em>Employer may legally discriminate based on BFOQ</em>
Explanation:
Bona Fide Occupational Qualification BFOQ gives an employer the right to employ individuals base on sex, age, nationality, gender if they see these characteristics as bona fide occupational qualification. In doing this, the employer must be able to show that the reason for employing based on these characteristics is very vital to the production of their company, and that only these particular characteristics are necessary for the safety and efficiency of the employee. In this case, it is possible that the bona fide occupational qualification for this job is that the candidate must be or above 60 years of age.
Answer:
Thompson Computer Services
Income statement for the current year ended March 31.
Particulars Amount
Fees Earned $68,980
Expenses
Miscellaneous expense $370
Office expense $560
Wages expense $25,580
Total Expenses <u>$26,510</u>
NET INCOME <u>$42.470</u>
Answer:
Consider the following calculations
Explanation:
Annual Depreciation for Project C = ($240,000- $36,000) / 4 = $51,000
Average Net Cash Flows for Project C = (96000 +66000 + 76000+36000) / 4 = $68,500
Average Accounting Profit = Average Net Cash flows - Annual Depreciation = $68500- $51000 = $17,500
Average Investment = (Initial Investment + Salvage Value) / 2 = ($240000 + $36000) /2 = $138,000
Accounting rate of return = Average Accounting Profit / Average Investment = $17500 / $138000 = 12.68%
Answer:
7.44 %
Explanation:
The Yield to Maturity (YTM) is the Interest rate that makes the Present Value of Coupons and Principle equal the Market Price or Current Price of the Bond.
The Yield to Maturity can be calculated using a financial calculator as follows :
PV = - $100
N = (15 -2) × 2 = 26
PMT = ($100 × 7.30%) ÷ 2 = $3.65
FV = $103
P/YR = 2
YTM = ?
Therefore, Inputting the values in the calculator as shown gives the Yield to Maturity is 7.44 %.
Answer:
$280
Explanation:
SUTA is a synonym for State Unemployment Tax paid by employers and employees , and used by the government to provide the insurance expenditures for the unemployed citizens
The reciprocal arrangement exempts the tax payer from his former country of work. H e will be taxed in the new country of work at the applicable rate
SUTA ceiling earning = $7000
SUTA rate = 4.0%
SUTA = $280