All categories

3 years ago

In the workplace, the "open shop" meant

Business

1 answer:

Degger [83]3 years ago

6 0

Answer:

D. No worker was required to join a union.

Explanation:

Open shop implies a manufacturing plant, office, or different business foundation in which an union, picked by a larger part of the workers, goes about as illustrative of the considerable number of representatives in settling on concurrences with the business, yet in which union membership is not a state of being contracted.

You might be interested in

Oriole Company uses the percentage-of-receivables method for recording bad debt expense. The Accounts Receivable balance is $380

ohaa [14]

Answer:

Adjusting journal entry:

Dr Bad debt expense 19,000

Cr Allowance for doubtful accounts 19,000

Explanation:

accounts receivable balance = $380,000

total credit sales = $1,520,000

6% of accounts receivable will be bad debt = $380,000 x 6% = $22,800

credit balance allowance for doubtful accounts account = $3,800, and it must increase to $22,800 ⇒ $22,800 - $3,800 = $19,000

Adjusting journal entry:

Dr Bad debt expense 19,000

Cr Allowance for doubtful accounts 19,000

Allowance for doubtful accounts is a contra asset account with a credit balance that reduces the value of accounts receivable.

4 0

4 years ago

Jenkins Inc. has a target capital structure of 40% debt and 60% common equity, with no preferred stock. The YTM on the company’s

Natalka [10]

Answer:

15.57%

Explanation:

The WAAC (Weighted average cost of capital) is given by:

$WAAC = M*W_d*(1-T)+E*W_E$

Where M is the rate to maturity of the company's bonds, Wd is the fraction of debt, We is the fraction of equity, T is the tax rate, and E is the rate of cost of common equity. Applying the given data:

$0.115=0.09*0.4*(1-0.4)+E*0.6\\E=0.1557\\E=15.57\%$

The company’s cost of common equity is 15.57%.

5 0

3 years ago

Kate holds a middle-management position with a large corporation. She prefers to involve her subordinates in decision making. Sh

PtichkaEL [24]

Answer:

Formal selection principle..

Explanation:

Max Weber gave 5 principles of the bureaucratic structure as the division of labor, hierarchy of authority, and the framework of rules, impersonality a formal selection.

As kate is in middle management of a large organization she at the center of the hierarchy of the organization and believes that the subordinates can help in the decision making the process. This will lead to the creation of innovative ideas, reducing wastages of resources and time.

6 0

4 years ago

If a payment is directly deducted from your account, which type of card are you using?

Mekhanik [1.2K]

This is a debit card

It's a simple card where you just use it to pay with money directly from your account. If you don't have money on your account, you can't pay. There's no credits or anything similar.

8 0

3 years ago

(Problem 1b.) Determine the amount of consumer surplus generated in the following situation. Alberto goes to the CD store hoping

Alenkinab [10]

Answer:

Explanation:

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the product.

Consumer surplus = willingness to pay - price

$30 - $30 = $0

Ihope my answer helps you

8 0

3 years ago