Which of the following statements is true of the Pregnancy Discrimination Act of 1979?
A. It was passed in part to remedy weaknesses in the Family and Medical Leave Act.
B. It denies the exemptions provided to women under the Wagner Act of 1935.
C. It established a commission to investigate practices that limited the access of women to the top levels of management in organizations.
D. It specifies that a woman cannot be refused a job or promotion or fired simply because she has had an abortion.
Answer: D
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For the business judgment rule to apply:
a. there must be a conflict of interest. b. the director must exercise extraordinary care. c. the director must act in the best interests of the corporation. d. All of the above.
When the GE wind energy business tapped into world-wide talent, it was able to expand using a(n) ________ strategy.
A. unrelated B. diversification C. focus D. generic
Perrett Corporation has provided the following financial data: Year 2Year 1Total assets$1,470,000 $1,450,000 Total stockholders' equity$954,000 $920,000 Sales (all on account)$1,200,000 Gross margin$430,000 Interest expense$22,000 Income taxes (35%)$21,269 Net income$39,500 Required:a. What is the company's net profit margin percentage for Year 2?b. What is the company's gross margin percentage for Year 2?c. What is the company's return on total assets for Year 2?d. What is the company's return on equity for Year 2?
What will be an ideal response?
Why should consumers be wary of the statistics they hear or read?