Answer:
The correct answer is A. In Ricci v. DeStefano, the Supreme Court ruled that an employer may not simply disregard a test based on unwanted results unless the test is shown to be biased or deficient.
Explanation:
Ricci v. DeStefano is a Supreme Court ruling of 2009, after a lawsuit by nineteen firefighters who claimed to have been discriminated against in terms of career development. They denounced that they had been discriminated after having passed the admission tests and still had not been promoted, since no African-American candidate had passed the tests. They also denounced that they had not been promoted because the Fire Department did not want to promote a group of new recruits without including within it any member of racial minorities.
Finally, the Supreme Court established that said procedure violated Title VII of the Civil Rights Act of 1964, since in the case equal access to employment was not guaranteed (in this case, favoring minorities over white firefighters), for set different demands for purely racial reasons.
WACC is the weighted average cost of capital already borrowed/invested.
Marginal cost of capital is the cost that will be incurred if one more $ of capital is raised either by equity or by debt.
So if more capital is borrowed and has a resulting higher marginal cost, the WACC increases as well.
Answer:
$38,000
Explanation:
Before distributing dividends to common stockholders, Encore must first deal with the preferred stockholders.
preferred stock annual payment = 3,000 shares x 7% x $100 = $21,000
Since the company owes one year's payment to preferred stockholders, it must pay them two years now = $21,000 x 2 = $42,000
So Encore will have $38,000 (= $80,000 - $42,000) left to distribute to commons stockholders.
The increase in transactions caused by inflation is the correct response when it comes to the shoe leather cost effect on inflation. Therefore, choice 3 is right.
<h3>What is the cost of shoe leather?</h3>
When there is significant inflation, the shoe leather cost refers to the time and effort people spend holding less cash in order to lower the inflation tax they must pay on their cash holdings.
The extra time and convenience that must be given up to keep less money on hand than would be necessary if there were less or no inflation is a substantial cost of reducing money holdings.
In light of the cost effect of inflation on shoe leather, option 3 is thus right.
Learn more about shoe-leather costs:
brainly.com/question/22260794
#SPJ1
Answer:
price ceilings; shortage
Explanation:
Price control is defined as government imposed prices to regulate the way forms make profit in the market. Take for example if a product is in high demand and firms can raise prices very high to make profit. To protect the consumer the government will set a price ceiling to limit price increase.
In Venezuela when price ceilings were implemented the sellers will create artificial shortage which forces the consumer to buy at higher prices in a black market arrangement.
