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MrRissso [65]
3 years ago
15

John claims that he was fired from his job because he refused to attend his employer's weekly lunchtime prayer group. Since this

is a workplace activity that took place during working hours, his employer has the right to require his attendance. True False
Business
1 answer:
Dennis_Churaev [7]3 years ago
8 0

It is FALSE that John's employer has the right to require his attendance at the employer's weekly lunchtime prayer group.

The lunchtime prayer is not a workplace activity because John has the right to use his lunchtime. John could sue for religious discrimination. There is a guarantee of religious freedom. Therefore, John's employer lacks the right to require him to attend the lunchtime prayer.

Thus, it is FALSE for his employer to require John to attend the lunchtime prayer.

Learn more about workplace religious discrimination here: brainly.com/question/17479963

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Being Human, Inc., recently issued new securities to finance a new TV show. The project cost $13.5 million, and the company paid
umka21 [38]

Answer:

0.7684

Explanation:

The computation of debt-equity ratio is shown below:-

Let the amount of equity issued = x

Amount of debt = Project cost + Flotation cost - Amount of equity issued

$13,500,000 + $675,000 - x

Net amount received from equity = Amount of equity issued × (1 - Equity issued percentage)

= x × (1 - 0.065)

= Flotation cost of equity = Amount of equity issued × Equity issued percentage)

= x × 0.065

Net amount received from debt = (Project cost + Flotation cost - Amount of equity issued) × (1 - Debt issued percentage)

= ($13,500,000 + $675,000 - x) × (1 - 0.025)

Conditionally

x × 0.065 + ($13,500,000 + $675,000 - x) × 0.025 = $675,000

0.04 × x + $354,375  = $675,000

0.04 × x = $320,625

x = $8,015,625

Debt = $13,500,000 + $675,000 - $8,015,625

= $6,159,375

Target debt-equity ratio = Debt ÷ Equity

= $6,159,375 ÷ $8,015,625

= 0.7684

6 0
3 years ago
Discus the national debt. is it a problem? can it be fixed?
frez [133]

Yes it’s a problem.

Yes it can be fixed.

It starts off with the regular citizens by paying any current debts and avoiding new ones.

4 0
3 years ago
Mikkelson Corporation's stock had a required return of 12.50% last year, when the risk-free rate was 3% and the market risk prem
enot [183]

Answer:

a. 16.50%

Explanation:

Find the beta as of last year using CAPM;

CAPM ; r = risk free + beta(Market risk premium)

0.125 = 0.03 + beta(0.0475)

Subtract 0.03 from both sides;

0.125-0.03 = 0.0475beta

0.095 = 0.0475beta

Divide both sides by 0.0475;

0.095/0.0475 = beta

beta = 2

Next, use CAPM again to find the new required return with a market risk premium is 4.75%+ 2% = 6.75%

r =  0.03 + 2(0.0675)

r = 0.03 + 0.135

r = 0.165 or 16.5%

Therefore, the new required return is 16.5%

6 0
3 years ago
Country X has currency C1 and Country Y has currency C2. The nominal exchange rate C2/C1 and GDP deflator P for Country X and P*
Kaylis [27]

Answer:

Explanation:

a)  

Year             percentage increase

2011               21.21162

2012       14.35054

2013       20.62696

b) Assuming C1 is the domestic currency, an increase in E will cause price of C2 in term of C1 to;   Decline

c) If the value of e decrease, given that E is increasing, then Country Y would be experiencing a lower rate of inflation compared to Country X  

d) if foreign goods are relatively less expensive compared to the domestic goods and assuming that the nominal exchange rate of the currencies is equity, then there is disparity in the real exchange rate.

3 0
3 years ago
A licensed _______________ must display his or her license conspicuously in the principal place of business at all times.
creativ13 [48]

Answer:

Broker

Explanation:

A licensed broker must dispaly his or her name boldly in their primary place of business at all times becasue it helps to identify a broker quickly as well as has gives confidence to customers to transact business with them.

Cheers.

3 0
3 years ago
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