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Tom [10]
3 years ago
11

Better Health, Inc. starts a no smoking policy for employers both on and off the job. Jim, an employee at Better Health, Inc., s

moked in his apartment after work and Better Health consequently fired him. Jim sues under federal discrimination laws. What is the likely result?
1) Smoking is a perfectly legal activity and Better Health cannot discriminate against Jim, or others, for engaging in legal behavior
2) Jim will lose under a disability discrimination suit if smoking is deemed to be an addiction protected by the Americans with Disabilities Act.
3) Jim will likely lose because smoking is not a protected class under the federal discrimination laws
4) Employers are not allowed to control employee's behavior off the job and Jim will win a discrimination lawsuit
Business
1 answer:
zavuch27 [327]3 years ago
7 0

Answer: Jim will likely lose because smoking is not a protected class under the federal discrimination laws

Explanation:

It should be noted that Federal discrimination laws centers around discrimination against employees or individuals typically on basis of

religion, color, disability, sex, age and race.

The Federal discrimination law didn't specify anything about smoking. Therefore, the employer can make any policy regarding smoking that he wants and thus should be adhered to by the workers.

Therefore, Jim will likely lose because smoking is not a protected class under the federal discrimination laws.

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KIM [24]

Answer:

E. The corporate valuation model discounts free cash flows by the required return on equity.

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3 years ago
Dividends received for equity securities in which the investor lacks the ability to participate in the decisions of the investee
erastovalidia [21]

Answer:

False.

Explanation:

When the investor does not have decision- making power in the business, his dividend payment process is not different from any other shareholder.

When profits are declared the company debits Retained Earnings (profits) for the divedend amount, and credited to Dividends Payable.

Dividend Payable is then debitted and Cash will be credited to show money has gone out.

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4 years ago
Kingbird Inc. owns equipment that cost $672,000 and has accumulated depreciation of $174,000. The expected future net cash flows
aev [14]

Answer:

Explanation:

In this scenario, we compare the values between book value and the fair value of equipment, the difference would be the loss on impairment of the asset

In mathematically,  

= Book value - fair value

where,

Book value = Equipment cost - accumulated depreciation

                   = $672,000 - $174,000

                   = $498,000

And, the fair value is $384,000

Now put these values to the above formula  

So, the value would equal to

= $498,000 - $384,00

= $114,000

Now the journal entry would be

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(Being the impairment loss is recorded)

4 0
4 years ago
XYZ Company earned operating income of $1,500,000 before income taxes. Capital employed equaled $10,000,000, of which $1,000,000
m_a_m_a [10]

Answer:

The answer is creating wealth, with the economic value added is $390,000

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In which:  Percentage of mortgage bond in capital employed = 1,000,000/10,000,000 = 10%

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Percentage of common stock in capital employed = (10,000,000 - 1,000,000 - 3,000,000) /10,000,000 = 60%

Cost of common stock = Risk free rate + Risk premium = 10% + 5% = 15%;

Tax rate = 40%

Thus, WACC = 10% x 8% x ( 1- 40%) + 30% x 9% x (1-40%) + 60% x 15% = 11.10%.

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u get free stuff out of it

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