For the Age Discrimination in Employment Act to apply Lomax must be forty years of age or older.
<h3>
What is Age Discrimination in Employment Act?</h3>
- Age discrimination against anyone over the age of 40 is prohibited by the Age Discrimination in Employment Act (ADEA).
- It does not cover workers under the age of 40, while some states have legislation prohibiting age discrimination against younger workers.
- Certain applicants and employees 40 years of age and older are protected from age discrimination in hiring, promotion, discharge, salary, or terms, conditions, or privileges of employment under the Age Discrimination in Employment Act of 1967 (ADEA).
- If a company promotes ageism in the workplace, it is likely to observe a decrease in productivity and an increase in attrition.
- A business with low morale and an inability to retain a steady workforce has little prospect of long-term success.
Therefore, for the Age Discrimination in Employment Act to apply Lomax must be forty years of age or older.
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The correct question is given below:
Kyla replaces Lomax in his job at Motor Vehicle Manufacturing Corporation (MVMC).
Refer to Fact Pattern 18-1. Lomax believes that he has been discriminated against on the basis of his age. For the Age Discrimination in Employment Act to apply
Answer:
The expected rate of return on the market portfolio is 14%.
Explanation:
The expected rate of return on the market portfolio can be calculated using the following capital asset pricing model (CAPM) formula:
Er = Rf + B[E(Rm) - Rf] ...................... (1)
Where:
Er = Expected rate of return on the market portfolio = ?
Rf = Risk-free rate = 5%
B = Beta = 1
E(Rm) = Market expected rate of return = 14%
Substituting the values into equation (1), we have:
Er = 5 + 1[14 - 5]
Er = 5 + 1[9]
Er = 5 + 9
Er = 14%
Therefore, the expected rate of return on the market portfolio is 14%.
Answer:
14%
Explanation:
required rate of return = risk free rate of return + ( risk premium x beta)
5% + 1.5 x 6% = 14%
Answer:
1. top-down
2. apportion
Explanation:
Based on the manufacturing industry standards, Project managers typically use TOP-DOWN also called analogous estimating or the APPORTION method when there is a past history of similar projects and rough-cut estimates are needed for strategic purposes two to five years out because, as estimating methods go, it is faster and less expensive.
Answer:
DR Inventory $609,000
Land $1,086,750
Buildings $2,138,250
Customer Relationships $842,250
Goodwill $965,750
CR Accounts Payable $102,000
Common Stock $56,400
Additional Paid-In Capital $1,353,600
Cash $4,130,000
Working
Common Stock = 28,200 shares * $2 = $56,400
Additional Paid in Cap = 28,200 shares * ( 50 - 2) = $1,353,600
DR Additional Paid-In Capital $32,400
CR Cash $32,400
DR Professional Services Expense $49,800
CR Cash $49,800
