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Viefleur [7K]
3 years ago
10

Steven Diaz just took a job with Harley Davidson. As part of his employment agreement, Harley Davidson required Steven to sign a

n agreement, which states that if he leaves Harley Davidson, he will not work for a firm or begin his own firm that competes against Harley Davidson for at least two years. The agreement that Steven signed is called a ________ agreement.
Business
1 answer:
il63 [147K]3 years ago
5 0

Answer:

Non-compete

Explanation:

A non-compete agreement is when an emoloyee agrees not to enter into or start a similar profession in competition against her employer.

Majority of agreements stipulated the length of time an employee isn't allowed to enter into or start a similar profession in competition against her employer.

I hope my answer helps you

You might be interested in
Consider the following account balances (in thousands) for the Peterson Company.
stealth61 [152]

Answer:

<u>Cost Of Goods Manufactured                               $ 133,000</u>

Explanation:

Peterson Company

Schedule for the cost of goods manufactured

For 2017

Direct Materials  (opening Inventory)              21,000

Add Purchases                                                      74,000

<u>Less Ending Inventory                                     (23000)</u>

Materials available for Use                               72,000

Add Direct Labor                                               22,000

Factory Overhead

Indirect Manufacturing Labor     17,000

Plant Insurance                           7,000

Depreciation                               11,000

<u>Repairs                                         3000              38,000</u>

                                                                              132,000

Add Opening WIP                                                  26,000

<u>Less Closing WIP                                                    25,000</u>

<u>Cost Of Goods Manufactured                               $ 133,000</u>

7 0
3 years ago
Why is it important to maintain a career portfolio?
Leno4ka [110]

Answer:

The answer is D

Explanation:

4 0
2 years ago
Jerry is an adjuster and has signed a contract with ABC Insurance to adjust claims in an area recently devastated by a hurricane
const2013 [10]

The authority that Jerry has which allows him to complete inspections and settle claims is called an Express authority.

<h3>What is express authority?</h3>

This is a kind of authority that an agent has that is clearly spelled out in writing or given orally.

Jerry has a contract with ABC Insurance that writes what he is allowed to so which means that his powers are expressly given.

Find out more on express authority at brainly.com/question/15008947.

#SPJ12

3 0
2 years ago
In 2019, Carla Enterprises issued, at par, 60 $1,000, 8% bonds, each convertible into 100 shares of common stock. Carla had reve
dimulka [17.4K]

Answer:

Diluted earnings per share for 2020. is 93 cents

Explanation:

Diluted Earnings per share shows the<em> future position</em> of the Earnings per shareholders once the potential shareholders begin exercising their rights.

Potential Shareholders exists due to Financial Instruments that <em>might be converted into ordinary shares</em>. Examples are Convertible Bonds, Options, Convertible Preference shares.

<em>Step 1 Calculate Basic Earnings Per Share</em>

Basic Earnings Per Share = Earnings Attributable to Ordinary Shareholders / Weighted Average Number of Ordinary Shares in Issue during the period.

<u>Profits attributable to Ordinary Shareholders :</u>

Earnings  ( $14,700 - $6,900)                                                     $7,800

<em>Less</em> After tax Interest on Bonds (60×$1,000×8%×80%)         ( $3,840)

Profits attributable to Ordinary Shareholders                           $ 3960

<u>Weighted Average Number of Ordinary Shares</u>

Common stock  outstanding                                                       2,400 shares

Basic Earnings Per Share = $ 3960/ 2,400

                                            = 165 cents

<em>Step 2 Calculate Diluted Earnings Per Share</em>

Diluted Earnings Per Share = Adjasted Basic Earnings per Share Earnings/ Adjasted  Number of Ordinary Shares

<em></em>

<u>Adjusted Basic Earnings per Share Earnings</u>

Profits attributable to Ordinary Shareholders                           $ 3960

Add Savings on Interest (60×$1,000×8%×80%)                        $3,840

<em>Adjusted Basic Earnings per Share Earnings                          $7,800</em>

<u>Adjusted  Number of Ordinary Shares</u>

Common stock  outstanding                                                       2,400 shares

Add 60× 100 shares of Convertible Bonds                                6,000 shares

<em>Adjusted  Number of Ordinary Shares                                    8,400 shares</em>

Diluted Earnings Per Share =  $7,800/8,400 shares

                                                = 93 cents

7 0
3 years ago
2. Explain what happens to the demand curve
astraxan [27]

Answer:

The law of demand states that consumers will request more of a product if its price decreases. For supplement goods, an increase in the price of one will increase demand for the other. The demand curve for apples will react as follows.

Explanation:

<u>A). More people begin to prefer apples to oranges.</u>

Should peoples' preference change to apples, the demand for oranges will decrease while that of apples will increase. The demand curve is downward sloping. If demand increases, the demand curve will shift to the right. It is also referred to as moving outwards. In this case, the demand curve for apples will shift to the right.

B) <u>The price of peaches rises (because peaches are a substitute for apples).</u>

Substitutes imply a good can be used in place of another. If the price of a substitute increases, it demands decreases. The demand for the substitute good will go up. An increase in the price of peaches will increase the demand for apples. As a result, the demand curve will shift outwards. In other words, shift to the right.

C. People's incomes rise (and apples are a normal good).

Demand for normal goods increase as the people's income rises. More people will afford to buy apples. If people are now earning more, the demand for apples will go up. The demand curve will shift to the right to indicate a surge in demand.

5 0
3 years ago
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