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steposvetlana [31]
4 years ago
5

Resort Hotel Company replaces Sharon, a forty-five-year-old employee, with Terry. Sharonfiles a suit against the employer under

the Age Discrimination in Employment Act. Toestablish a primafaciecase, she must show, among other things, that she is:
a. deserving of higher pay than the individual who replaced her.b. generally more dependable than the individual who replaced her.c. older than the person who replaced her.d. qualified for the position
Business
1 answer:
balandron [24]4 years ago
8 0

Answer:

d. qualified for the position

Explanation:

The Age Discrimination In Employment Act, 1967, protects 40 year old and above employees from the discrimination at workplace by employer ,based on the ground of old age or favoritism towards younger employees.

To make for a genuine prima facie case under the Age Discrimination in Employment Act, an employee is required to demonstrate the following:

1. At the time of alleged discrimination, such employee was 40 years or older in age.

2. Experienced adverse action from the employer

3. He/She is fit, qualified and competent for the job position.

Thus, under the current case, Sharon must show that she is qualified for the job position from which she has been replaced by Terry.

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Mills Corporation acquired as an investment $225 million of 8% bonds, dated July 1, on July 1, 2021. Company management is holdi
Sholpan [36]

Answer:

Please see solution below.

Explanation:

1.

July 1, 2021

Dr Investment in bonds $225,000,000

Dr Premium on investment in bonds $25,000,000

Cr Cash $250,000,000

December 31, 2021

Dr Cash $18,000,000

Cr Interest revenue $15,000,000

Cr Premium on investments in bonds

$3,000,000

2.

Investment in bonds. $225,000,000

Premium on investment in bonds $22,000,000

3.

January 2, 2022

Dr. Cash $266,000,000

Cr Investment in bonds $225,000,000

Cr Premium on investment in bonds $22,000,000

Cr Gain on sale of investments $19,000,000

Workings:

Effective interest rate on first coupon received = [ $225,000,000 × 8%] - [ $250,000,000 × 6%]

= $18,000,000 - $15,000,000

= $3,000,000

Premium on investment in bonds = $25,000,000 - $3,000,000

= $22,000,000

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What financial statements are used by business entities to report the financial position of the entity?
devlian [24]

A balance sheet is a financial statement that lists the accounts and balances of a business entity’s assets, liabilities and shareholders’ equity. A business entity reports such financial information in its balance sheet at the end of an accounting period, providing a snapshot of its financial condition at that point in time.


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Explanation:

Hope this helpes.

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It means that the demand for a good or service is greater than the availability of the good or service. Therefore, scarcity can limit the choices available to the consumers who ultimately make up the economy. Scarcity is important for understanding how goods and services are valued.

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Scarcity forces all of us to make choices by making us decide which options are most important to us. The principle of scarcity states that there are limited goods and services for unlimited wants. Thus, people need to make choices in order to satisfy the wants that are most important to them.

<h3>What is scarcity of resources?</h3>

Scarcity in economics refers to when the demand for a resource is greater than the supply of that resource, as resources are limited. Scarcity results in consumers having to make decisions on how best to allocate resources in order to satisfy all basic needs and as many wants as possible.

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