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Setler79 [48]
3 years ago
12

During the late 1990s, a lot of big animation companies started to move away from the traditional hand-drawn animation and towar

ds computer animation. As a result, they had to lay off their employees who did not have experience with computer animation. What type of unemployment did these workers experience
Business
1 answer:
malfutka [58]3 years ago
4 0

Answer:

Structural unemployment

Explanation:

Structural unemployment is the type that occurs as a result of changes in an industry that results in a mismatch between the job requirements and the skills the workers have to offer.

In the given scenario big animation companies started to move away from the traditional hand-drawn animation and towards computer animation.

So workers that were skilled in traditional hand drawing and who did not know how to do computer animation were now redundant.

This resulted in the mass lay offs. It is an example of structural unemployment

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Bryan Corporation decided to purchase a plant site. Bill Shephard, a newly elected director, has owned a desirable site for many
tatiyna

Available options are:

A. The sale would be proper only upon requisite approval by the appropriate number of directors and at no more than Shephard's cost, thus precluding his profiting from the sale to the corporation.

B. The sale would be void under the self-dealing rule.

C. The sale would be proper and Shephard would not have to account to the corporation for his profit if the sale was approved by a disinterested majority of the directors.

D. The sale would not be proper, if sold for the present fair value of the property, without the approval of all of the directors in these circumstances.

Answer:

C. The sale would be proper and Shephard would not have to account to the corporation for his profit if the sale was approved by a disinterested majority of the directors.

Explanation:

The reason is that the transaction is arms length transaction and in this transaction the payer pays the amount that he must pay for an equivalent item which we call an fair value payment. The receiver here is a director though but he is receiving an legitimate price and this price is fair value of the property so he is not required to mention his profit share because the company is paying him fair value of the property.

4 0
3 years ago
Read 2 more answers
Marko, Inc. is considering the purchase of ABC Co. Marko believes that ABC Co. can generate cash flows of $5,000, $9,000, and $1
nika2105 [10]

Answer:

$21,435.74

Explanation:

Marko will pay as much as the discounted present value of the cash flow:

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $5,000.00

time  1.00

rate  0.14000

\frac{5000}{(1 + 0.14)^{1} } = PV  

PV   4,385.9649

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $9,000.00

time  2.00

rate  0.14000

\frac{9000}{(1 + 0.14)^{2} } = PV  

PV   6,925.2078

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $15,000.00

time  3.00

rate  0.14000

\frac{15000}{(1 + 0.14)^{3} } = PV  

PV   10,124.5727

We add them together and get the total price for ABC Co

\left[\begin{array}{ccc}#&Cashflow&Discounted\\&&\\1&5000&4385.96\\2&9000&6925.21\\3&15000&10124.57\\&total&21435.74\\\end{array}\right]

8 0
4 years ago
Prithi acquired and placed in service $190,000 of equipment on August 1, 2015, for use in her sole proprietorship. The equipment
il63 [147K]

Answer:

d.) $38,000

Explanation:

Given that

Acquired value of the plant = $190,000

Recovery period = 5 years

So according to section 179, the total deduction is limit to the 1 by 5 i.e useful life or recovery period of acquired price or purchase price

So, the amount is

= Acquired value of the plant ÷ recovery period

= $190,000 ÷ 5 years

= $38,000

By dividing the acquired value with the recovery period we can get the maximum deduction

4 0
3 years ago
When suppliers are paid, which of the following occurs?
iogann1982 [59]
I believe it s3 but not quite sure
7 0
3 years ago
Read 2 more answers
Accounting equation e. The basic tool of accounting, stated as Assets = Liabilities + Equity 2. Asset a. An economic resource th
Dmitry_Shevchenko [17]

Answer:

  • Accounting Equation = The basic tool of accounting, stated as Assets = Liabilities + Equity
  • Asset =  An economic resource that is expected to be of benefit in the future
  • Balance sheet = Reports on an entity's assets, liabilities, and stockholders' equity as of a specific date
  • Expense = Decreases in equity that occur in the course of selling goods or services
  • Income statement = Reports on an entity's revenues, expenses, and net income or loss for the period
  • Liability = Debts that are owed to creditors
  • Net income = Excess of total revenues over total expenses
  • Net loss = Excess of total expenses over total revenues
  • Revenue = Increases in equity that occur in the course of selling goods or services
  • Stmt. of cash flows = Reports on a business's cash receipts and cash payments during a period
  • Stmt. of ret. earnings = Reports how the company's retained earnings 'balance changed from the beginning to the end of the period

Explanation:

  • Accounting Equation = The basic tool of accounting, stated as Assets = Liabilities + Equity
  • Asset =  An economic resource that is expected to be of benefit in the future
  • Balance sheet = Reports on an entity's assets, liabilities, and stockholders' equity as of a specific date
  • Expense = Decreases in equity that occur in the course of selling goods or services
  • Income statement = Reports on an entity's revenues, expenses, and net income or loss for the period
  • Liability = Debts that are owed to creditors
  • Net income = Excess of total revenues over total expenses
  • Net loss = Excess of total expenses over total revenues
  • Revenue = Increases in equity that occur in the course of selling goods or services
  • Stmt. of cash flows = Reports on a business's cash receipts and cash payments during a period
  • Stmt. of ret. earnings = Reports how the company's retained earnings 'balance changed from the beginning to the end of the period

4 0
3 years ago
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