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larisa86 [58]
3 years ago
6

Jamie is a 47-year-old accountant who has worked for a large software firm for more than 25 years. His performance during this t

ime has been exceptional, and he is highly regarded by his peers. Despite this, he is notified that he is being laid off as the management wants to replace him with a younger employee. In this scenario, the management of Jamie's firm is violating _____.
Business
1 answer:
Dima020 [189]3 years ago
8 0

Answer:

Title VII of the Civil Rights Act of 1964.

Explanation:

Jamie's firm in the given scenario is violating 'Title VII of the Civil Rights Act of 1964.' According to this law, any organization is prohibited to discriminate against its employees on the basis of age, race, religion, etc. The employer can not recruit someone favorably and treat an employee differently. Since his organization is intentionally discriminating against him despite his exceptional performance and contribution to the progress of the firm, thus, it is violating the title vii of the Civil rights act.

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Green Field Potatoes Co. sells a by-product of its potato processing operation, called a filter cake, to area feed-lots as cattl
vladimir1956 [14]

Answer:

Luh ang dami naman nyan di ko yan kayang safutin

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4 0
3 years ago
Holiday Company issued its 9%, 25-year mortgage bonds in the principal amount of $3,000,000 on January 2, 2006, at a discount of
elixir [45]

Answer:

A. December 18, 2020

Dr Cash 4,080,000

Cr 11% Bond payable (Face value) 4,000,000

Cr Premium on issue of Bond payable 80,000

January 2, 2021

Dr 9% Bonds Payable ( Face value) 3,000,000

Dr Loss on redemption of Bond 180,000

Cr Discount on Bond payable 60,000

Cr Cash 3,120,000

B. The LOSS is reported as an ORDINARY INCOME

Explanation:

A. Preparation of Journal entries

December 18, 2020

Dr Cash 4,080,000

($4,000,000/100)*102

Cr 11% Bond payable (Face value) 4,000,000

Cr Premium on issue of Bond payable 80,000

(4,080,000-4,000,000)

January 2, 2021

Dr 9% Bonds Payable ( Face value) 3,000,000

Dr Loss on redemption of Bond 180,000

[3,00,0000-(3,120,000+60,000)]

Cr Discount on Bond payable 60,000

($150,000/25)*10

Cr Cash 3,120,000

(3,000,000*104%)

B. Indication of the income statement treatment of the gain or loss from redemption.

The LOSS is reported as an ORDINARY INCOME

8 0
3 years ago
If major earthquakes occur along active segments of the san andreas fault about every 200 years, when can another major event be
Aleonysh [2.5K]
It should generate another major event around 2050-2060
8 0
3 years ago
On January 1, James Industries leased equipment to a customer for a four-year period, at which time possession of the leased ass
Neko [114]

Answer:

$174,207.19

Explanation:

Amount to be recovered (Fair value) = $700,000.....A

PV of residual value = $100,000 * PVIF of $1(5%, 4) = $100,000 * 0.82270 = $82,270.........B

Amount to be recovered through periodic lease payments = A - B = $700,000 - $82,270 = $617,730

Annual lease payment = Amount to be recovered through periodic lease payments / PV of ordinary annuity of $1(5%, 4)

Annual lease payment = $617,730 / 3.54595

Annual lease payment = $174207.194123

Annual lease payment = $174,207.19

So,  the amount of the annual lease payments is $174,207.19.

5 0
3 years ago
In order for a person to recognize needs that are not being met and make a career out of fulfilling unmet needs, that person mus
fgiga [73]

Answer:

sight and foresight

4 0
3 years ago
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