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rosijanka [135]
4 years ago
6

For each of the scenarios below, determine whether you think it is likely that an employer could be discriminating against apers

on because of his or her age. Explain why or why not-a. A young lawyer who just finished work on a multimilfion-dollar development deal downtown is hired by an economicdevelopment firm in lieu of an older lawyer who works on litigation.b. A large retail outlet hires an 80-year-old woman to greet customers instead of a 30-year-old woman who has beengreeting customers in other stores for a decade.c The owner of a local, hip smoothie bar in a university town just fired a graduate student who had worked at the bar forthree years and instead hired a college sophomore.
Business
1 answer:
mihalych1998 [28]4 years ago
3 0

Answer: A young lawyer who just finished work on a multimillion -dollar development deal downtown is hired by an economic development firm in lieu of an older lawyer who works on litigation

This is not a case of discriminating against a person because of age, as we can see the young lawyer is better suited for a job in economic development as he already has worked on a development deal, where as the older lawyer is a litigator

A large retail outlet hires an 80-year-old woman to greet customers instead of a 30-year-old woman who has been greeting customers in other stores for a decade

This may be a case of age discrimination, because the 30 year old seems to be the better candidate, because she has experience in this work and will be more energetic than the 80 year old as well

The owner of a local, hip smoothie bar in a university town just fired a graduate student who had worked at the bar for three years and instead hired a college sophomore.

This may be a case of age discrimination because the employer is firing a graduate who has had 3 years of experience and hiring someone who hasn't graduated and has no experience

Explanation:

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White Company acquires a new machine for $75,000 and uses it in White's manufacturing operations. A few months after White place
Katena32 [7]

Answer:

  • Tax status = Ordinary Asset
  • Gain = $60,000

Explanation:

As the company expensed the asset fully in the year of purchase instead of capitalizing it, the asset is an ordinary asset not a capital one which is capitalized. That is the tax status.

The gain on an ordinary asset is the amount that it was sold for which in this case is $60,000.

Tax status = Ordinary Asset

Gain = $60,000

5 0
3 years ago
Compute the present value of $1,150 paid in three years using the following discount rates: 6 percent in the first year, 7 perce
blagie [28]

Answer:

$938.82

Explanation:

The present value of the amount $1,150 using different discount rates in year one, two and three shall be determined using following mentioned method:

Present value of $1150 at the end of year 2=$1,150(1+8%)^-1=$1064.81

Present value of $1150 at the end of year 1=$1064.81(1+7%)^-1=

Present value of $1150 at the end of year 0=$995.15(1+6%)^-1=$938.82

5 0
4 years ago
Spiro Hospital is investigating the possibility of investing in new dialysis equipment. Two local manufacturers of this equipmen
Ipatiy [6.2K]

Answer:

NPV for puro = $289,529.95

NPV for briggs = $374,450.85

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.  

net present value can be calcuated using a financal calcuatopr

Puro Equipment

cash flow in year 0 = $-560,000

cash flow in year 1= $320,000

cash flow in year 2 = $280,000

cash flow in year 3 = $240,000

cash flow in year 4 = 160,000

cash flow in year 5 = 120,000

I = 12%

NPV = $289,529.95

Briggs Equipment

cash flow in year 0 = $-560,000

cash flow in year 1= $120,000

cash flow in year 2= $120,000

cash flow in year 3= $320,000

cash flow in year 4= 400,000

cash flow in year 5= 440,000

I = 12%

NPV = $374,450.85

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

3 0
3 years ago
Frontier Airlines hedged the cost of jet fuel by purchasing options that allowed the airline to buy fuel at a fixed price for 2
Volgvan

Answer:

PV of the growing annuity: 3,129,415.72

Explanation:

We need to solve for the present value of a growing annuity:

FV = \frac{1-(1+g)^{n}\times (1+r)^{-n} }{r - g}

g 0.01

r 0.015 (18% / 12 months)

C 140,000

n 24

\frac{1-(1+0.01)^{24}\times (1+0.0015)^{-24} }{0.18 - 0.01}

FV =  4,473,508.58

Now, to get the present value we solve for the present value of the future value:

\frac{4,473,508.58 }{1.015^{24} }

3,129,415.72

8 0
3 years ago
Lifemaster produces two types of exercise treadmills: regular and deluxe. The exercise craze is such that Lifemaste could use al
blondinia [14]

Answer:

1. Machine hours is the Constraints in the given case.

2.                       Evaluation of Products

                                                     Deluxe        Regular

Sales Price                                    $1,020        $560

Less: Direct Material                     $300         $90

Less: Direct Labor                         $88             $188

Less: Variable Manufacturing       $264          $88

Overhead

Less: Variable Operating               <u>$111 </u>            <u>$65</u>

Expenses

Contribution Margin                     <u>$257</u>          <u>$129 </u>

Contribution Margin as %          292.05%      68.62%

of Direct Labor cost

Conclusion: Hence it is better to produce Deluxe as it gives higher contribution margin as a % of direct labor cost

<u>Workings</u>

Contribution Margin as % of Direct Labor cost

Deluxe = 257/88% = 292.05%      

Regular = 129 /188% = 68.62%

3 0
3 years ago
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