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faust18 [17]
3 years ago
5

Ralph has worked as a model builder at Snowdrop Architects for 30 years. He gets laid off, and the firm then hires Charlotte, wh

o is 24 and willing to work for half of Ralph’s salary. The firm never offered to let him stay and do Charlotte’s job for half the pay. When he left, one of the other architects told him, "Frankly, it’s not a bad thing to have a cute young person working with the clients." Which of the following statements is true?
a. Ralph has a good claim against Snowdrop, because it had an obligation to offer him the lower-paying job before firing him.
b. Ralph has a good claim against Snowdrop, because it is illegal to replace an older worker with a younger worker just to save money.
c. Ralph has a good claim against Snowdrop, because age appears to have been a factor in Ralph being laid off, although not the main factor.
d. Ralph does not have a good claim against Snowdrop, because age was not the deciding factor in Snowdrop’s decision to lay off Ralph.
Business
1 answer:
Sliva [168]3 years ago
5 0

Answer: Ralph does not have a good claim against Snowdrop, because age was not the deciding factor in Snowdrop’s decision to lay off Ralph.

Explanation: The reason for the firm laying off Ralph is vague and not explicitly stated. Therefore Ralph cannot make a claim against Snowdrop for laying him off due to his age.

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Due to ____, market forces should realign the cross exchange rate between two foreign currencies based on the spot exchange rate
gayaneshka [121]

Answer:

The correct answer is C

Explanation:

Covered interest arbitrage (CIA), it is an strategy or tool of arbitrage trading, where the investor capitalizes on the rate of interest which is differential among two countries through using the forward contract for eliminate the exposure or cover to exchange the rate risk.

So, because of covered interest arbitrage, the market forces realign the cross exchange rate among two countries grounded on spot exchange rates of two currencies.

8 0
3 years ago
A fixed asset with a cost of $31,588 and accumulated depreciation of $28,429.20 is sold for $5369.96. What is the amount of gain
Artist 52 [7]

Answer:

$2,238.16

Explanation:

In the disposal of assets, gain or loss will be a comparison between the book value and the selling price.

Book value is the asset costs minus accumulated depreciation.

in this case, the book value will be

= Asset cost - Depreciation

= $31,588- $28,429.20

=$3,158.8 is the book value.

Gain or loss = selling price- book value

=$5,369.96 - $3,158.8

=$2,238.16

A gain of$2,238.16 will be gain from that sale.

4 0
3 years ago
George Bailey purchased equipment from M. Potter for $450,000, paying $35,000 cash as a down payment and financing the remainder
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Answer:

Equipment $450,000 (debit)

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Explanation:

George Bailey must recognize the Asset of Equipment, de-recognize the Assets of Cash and recognize the Suppliers Loan as above.

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