The Equal Pay Act generally requires employers to:
a. pay the same wage to men and women doing substantially the same work at different companies
b. pay the same wage to men and women doing substantially the same work at the same company
c. establish equivalencies for various jobs traditionally held by men and women
d. all of these
b
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Sirius, Inc. has average total assets of $300,000. The annual operating income of the company is $150,000. The target rate of return for the company is 15%. Calculate the residual income.
A) $45,000 B) $150,000 C) $22,500 D) $105,000
Which of the following is generally considered to be a service organization?
a. An antiques showroom b. A manufacturer c. A shipping company d. A mass-market retailer
Operating leverage is
A) concerned with the relative mix of fixed costs and variable costs in the organization B) the use of fixed costs to extract higher percentage changes in profits as sales activity changes C) likely to be higher in an automated manufacturing system than in a manual system D) all of these E) none of these
The U.S. corporation Fun Toys, Inc sets up a firm in China. The parent company remains in the United States and retains complete ownership of the China branch as well as complete authority and control over all phases of the operation. This is
a. a franchise. b. a wholly owned subsidiary. c. a joint venture. d. direct exporting.