Answer:
The correct answer from the options given is D)
It is not clear why XYZ did not match the other firm's offer.
Explanation:
Alejandro is already an employee at XYZ Tech Corp. If his boss is willing to let him go, it may be because they are unable to match the higher salary being offered by the competition.
Another theory is that Alejandro is no longer very productive in the current company. There is a myriad of possible reasons. However, none of these are hinted in the question.
What we know is that he is Hispanic, He is a computer programmer and he got a better offer which his current company is unable to match.
We cannot posit that this is an issue of statistical discrimination. Why? We don't know that his current boss is not Hispanic as well.
A) Statistical Discrimination arises when agents make use of an individual's measurable trait to draw conclusions regarding another characteristic important to the interaction but more difficult to detect. This clearly is not the case.
B) When the factors surrounding a job suddenly become more adverse, the employee can reject such a change. Sometimes a company may offer such employee(s) additional money to their salary for them to accept such changes. This additional money or benefit is called Compensating Differential.
This also is clearly not the case.
C) Taste-based discrimination simply examines an employer's disposition to hiring a minority applicant. This theory posits that the prejudice of an employer towards people from a minority group will ultimately affect hiring decisions.
Again, this is not the picture painted in the above scenario.
So we are left with option D as the correct answer.
Cheers!
Government purchases 300
Exports 100
Imports 200
Wages 800
Refer to Table above. Consider the data above (in billions of dollars) for an economy:
Gross domestic product (in billions of dollars) for this economy equals
A) $2,200.
B) $1,600.
C) $1,400.
D) $1,200
Answer:
GDP= $1,200
Explanation:
From the question above, we are given the following values
Consumption expenditure= $800
Investment expenditures= $200
Government purchases= $300
Imports= $100
Exports= $200
Wages= $800
Therefore the Gross Domestic Product(GDP) can be calculated as follows
GDP=Consumption+investment+government spending+(export-import)
= $800+$200+$300+($100-$200)
= $800+$200+$300+(-$100)
= $800+$200+$300-$100
= $1,200
Hence the Gross Domestic Product (in billions of dollars) for this economy is $1,200
Explanation:
Communication: The most important to covey from low level to high level and vice-versa.
Leadership skill: The see the growth visibly. An essential skill for both employer and employee.
Crisis management: Employee should possess this skill to handle challenging situation
Negotiation: Which is really important both for work life and personal life. This is required in all the levels of hierarchy.
Collaboration: Required to work as a team
Problem-solving: The skill which would be tested in various interviews in all the levels.
Mar. 9 Paid the amount owed on the invoice within the discount period.
Mar. 11 Discovered that $18,000 of the merchandise purchased on March 1 was defective and returned items, receiving credit for $17,640 [$18,000 − ($18,000 × 2%)].
Mar. 18 Purchased $10,000 of merchandise from Wright Co. on account, terms n/30.
Mar. 20 Received a refund from Wright Co. for return on Mar. 11 less the purchase on Mar. 18.
Answer:
See explanation section.
Explanation:
March 1, Purchased Debit $90,000
Accounts payable Credit $90,000
Note: To record the purchased on account.
March 9, Accounts payable Debit $90,000
Cash Credit $88,200
Purchased discount Credit $1,800
Calculation: $90,000 - ($90,000 × 2%) = $88,200
Note: To record the payment.
March 11, No journal entry required.
March 18, Purchased Debit $10,000
Accounts payable Credit $10,000
Note: To record the purchased on account.
March 20, Cash Debit $17,640
Refunds payable Credit $17,640
Note: To record the return.
The journal entries are indicated for each transaction during March, highlighting purchases on account, payment within discount period, return of defective goods, a second purchase, and a refund received. The entries show how these transactions are reflected in the accounting system of Manville Heating & Air Company.
The journal entries for the transactions of Manville Heating & Air Company in the month of March are as follows:
The above journal entries demonstrate the recording of purchasing transactions and returns, considering the discount period and the eventual refund received.
#SPJ3
Answer:
(D). Employee master file.
Explanation:
An employee master file is a file kept by an organization that contains data, records and information on the employee.
Information such as; employee's name, address, date of birth, date of hire, sales record, salary to be received, and other payment details are contained in the master file.
If an employee's hourly wage rate is changed, it will be recorded in the employee's master file.
Answer:
Total ending inventory $ 2,162.5 LIFO perpetual method
Explanation:
At the time of each sale we determinate the last untis available for sale:
Beginning 175
Purchase 200
Slaes of 300
We use the entire 200 units purchase and 100 of the beginning inventory leaving
Beginning inventory of 75
Now, we continue:
Beginning inventory 75
5/15 purchase 200
Sales of 250 units
we use the entire 200 untis form the purchase and 50 units from beginning inventory
leaving
Beginning inventory 25 at 11.50 = 287.5
5/25 purcahse 150 units at 12.50 = 1875
Total ending inventory 2,162.5