Under the Equal Pay Act, pay differentials on the basis of sex are eliminated by:
a. lowering the wages received by men
b. lowering the wages received by women c. raising the wages received by women
d. raising the wages received by men
e. giving stock options to the group discriminated against
c
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Which of the following are the components of a revenue plan?
A) return on sales, asset turnover, and return on assets B) percent margins and profitability metrics C) personnel and expenditures D) market share, pricing, and revenues E) break-even sales and shares
Which of the following is a tax borne by the employer but not the employee?
A) State income tax B) FUTA tax C) Medicare tax D) Social security tax
In January 2014, Albert Corporation acquired 20 percent of the outstanding common stock of Peter Company for $1,120,000 . This investment gave Albert the ability to exercise significant influence over Peter. The book value of the acquired shares was $840,000 . The excess of cost over book value was attributed to an identifiable intangible asset that was undervalued on Peter's balance sheet and
that had a remaining useful life of ten years. For the year ended December 31 . 2014, Peter reported net income of $252,000 and paid cash dividends of $56,000 on its common stock. What is the proper carrying value of Albert's investment in Peter at December 31 . 2014? a. $1,080,800 b. $1,092,000 c. $1,131,200 d. $1,181,600
Investors would view measurements that reflect current conditions as the most relevant for making investment decisions
Indicate whether the statement is true or false