What is the difference between "equal employment opportunity" and "affirmative action"?
What will be an ideal response?
Answer: Equal Employment Opportunity - not allowed to have any difference in consideration based on discrimination policies. Affirmative Action - favor protected groups over non protected.
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The rate which credit customers pay their bills has no effect on the cash received from sales during an accounting period
a. True b. False Indicate whether the statement is true or false
One of the best ways to present benefits is to use a bridge statement
Indicate whether the statement is true or false
Parsa Inc. reported the following results from last year's operations: Sales$14,000,000Variable expenses 9,500,000Contribution margin 4,500,000Fixed expenses 3,800,000Net operating income$ 700,000Average operating assets$7,000,000At the beginning of this year, the company has a $1,100,000 investment opportunity with the following characteristics: Sales$1,980,000 Contribution margin ratio 40% of salesFixed expenses$653,400 If the company pursues the investment opportunity and otherwise performs the same as last year, the combined ROI for the entire company will be closest to:
A. 10.4% B. 1.7% C. 12.0% D. 8.6%
Michael, a citizen of Ireland, and Nina, a citizen of the United States, enter into a contract. When Nina breaches the contract, Michael obtains an award of damages in an Irish court. He asks a U.S. court to enforce the award. The U.S. court defers to and enforces the Irish court's decree. This is
A. a travesty of justice. B. the act of state doctrine. C. the doctrine of sovereign immunity. D. the principle of comity.