The Equal Pay Act requires that women who do the same job as men receive the same pay. What are the exceptions allowed in this act?
What will be an ideal response?
Differences in seniority, merit, quantity or quality of work, or any factor other than sex, such as shift differentials and training programs.
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The process of determining the value to which an amount or a series of cash flows will grow in the future when interest on interest is applied is known as _____.
A. discounting B. compounding C. amortization D. consolidation E. annualizing
The level strategy maintains a constant ________ level or ________ level during the planning horizon
Fill in the blanks with correct word
Which of the following statements is FALSE?
A) Primary shares are new shares issued by the company. B) Today, investors become informed about the impending sale of stock by the news media, via a road show, or through the book-building process, so tombstones are purely ceremonial. C) In a cash offer, a firm offers the new shares to existing shareholders. D) Historically, intermediaries would advertise the sale of stock (both IPOs and SEOs) by taking out advertisements in newspapers called tombstones.
GAAP, Inc. has total assets of $2,575,000, sales of $5,950,000, total liabilities of $1,855,062, and a net profit margin of 2.9%. What is GAAP's return on equity? Round to the nearest 0.1%
A) 8.6% B) 24.0% C) 16.4% D) 4.4%