1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
damaskus [11]
3 years ago
5

The legal concept of ________ holds that both employer and employee have the mutual right to terminate an employment relationshi

p any time for any reason and without advance notice to the other. affirmative action joint agreement mutual consent employment-at-will
Business
1 answer:
olasank [31]3 years ago
3 0

The answer for the blank part of the statement is employment-at-will. Employment-at-will is defined as <u>a U.S type of contractual agreement where both employee and employer agree that the employee can be dismissed by the employer for any reason which is not illegal by law. </u>

This type of contract is common in the late 19th century, but by the 20th century, most states add protections for the employees under any employment contract due to the power imbalance that occur in these kinds of contracts.

You might be interested in
Chevron Phillips (CP) has put into place new laboratory equipment for the production of chemicals; the cost is $1,770,000 instal
inessss [21]

Answer:

Chevron Phillips (CP)

a. The gross income or annual savings is:

= $804,846.

b. The income tax for the 1st year assuming a marginal tax rate of 40% is:

= $131,600.

c. The after-tax cash flow for the 1st year is:

= $559,400.

Explanation:

a) Data and Calculations;

Cost of new laboratory equipment = $1,770,000

Borrowed capital = $849,600 ($1,770,000 * 48%)

Borrowing rate = 13.4%

Borrowing interest expense for the first year = $113,846

Depreciation = $362,000

Taxable income = $329,000

Gross savings = $X

$X = $804,846 ($113,846 + $362,000 + $329,000)

Income tax for the 1st year:

Marginal tax rate = 40%

Taxable income = $329,000

= $131,600 ($329,000 * 40%)

After-tax Cash Flows for the 1st year:

Gross savings =    $804,846

Interest expense      113,846

Depreciation          362,000

Taxable income  $329,000

Income tax              131,600

Net income          $197,400

Cash Flows:

Net income               $197,400

Depreciation             362,000

After-tax cash flow $559,400

6 0
3 years ago
Elisa was involved in three auto accidents this year. Even though none was her fault, her insurance company increased her rates.
Ket [755]

Your insurance carrier might have to raise your rates to pay for the vehicle's damage or medical if a person involved needs it.

5 0
3 years ago
Those who work directly on the product to convert raw materials into a finished product are known as ____.
Mars2501 [29]

Answer:

Direct labor

Explanation:

Direct labor is the workers who converted the raw material into a finished product so that the finished product is ready for sale. The wages paid to the labor are classified in the direct labor itself.

It is specially allocated to the manufacturing process so that the product could be carried forward to the next level of the process and at the end the finished product is ready

7 0
3 years ago
Gdp includes the value of all select one:
baherus [9]
The correct answer is A.

GDP consists of all FINAL goods and services, and the only way it can be measured is through market prices.
5 0
3 years ago
If you spend $35 using a credit card, you have created:
Virty [35]
<span>If you spend $35 using a credit card you have created, a $35 financial liability for yourself. </span>
6 0
3 years ago
Other questions:
  • Bill has a mortgage loan on his personal residence. he decides to pay 18 months of interest in advance on october 1, 2016. the t
    12·1 answer
  • Sketches Inc. purchased a machine on January 1, 2016. The cost of the machine was $29,000. Its estimated residual value was $9,0
    6·1 answer
  • Present and future value tables of $1 at 3% are presented below:
    14·1 answer
  • John buys a watch for $100 at a vintage store. Later, the store learns that the watch was worn by Sean Connery in a James Bond m
    15·1 answer
  • At the beginning of Year 2, Oak Consulting had the following normal balances in its accounts:
    14·1 answer
  • Links Golf Course is planning for the coming golfing season. Investors would like to earn a​ 10% return on the​ company's $60,00
    15·1 answer
  • A team is trying to determine the best process type for producing a new product family. The product consists of a base model wit
    6·1 answer
  • Game Theory and Strategic Choices -- End of Chapter Problem You have developed a new computer operating system and are consideri
    13·1 answer
  • If the monopolist faces a constant marginal cost of $5, how much output should the firm produce in order to equal marginal reven
    12·1 answer
  • Anyone finna be friends with me
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!