The Norris-LaGuardia Act removed impediments to workers organizing in a concerted action, and this paved the way for the enactment of the Taft-Hartley Act.
Answer the following statement true (T) or false (F)
True
When the Norris-LaGuardia Act limited the enforcement of yellow dog contracts and removed the impediments of workers to organize in a concerted fashion, the way was paved for the enactment of the National Labor Relations Act three years later. Given the broadly stated purpose of the Norris-LaGuardia Act, the Supreme Court has broadly construed it, providing unions with the opportunity to engage in activities calculated to affect the collective bargaining process.
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There are five general types of audit tests.
Answer the following statement true (T) or false (F)
Carolina Timber, Inc. produces flooring material. The monthly fixed costs are $10,000 per month. The unit sales price is $75, and variable cost per unit is $35. How many units should Carolina sell in order to earn $10,000 as operating income?
What will be an ideal response?
On January 3, 2016, the Walters Corporation signed a 10-year non-cancelable lease for manufacturing equipment. The fair value of the equipment at that time was $550,000. At the end of the lease period, the equipment, which has an estimated life of 15 years, will be returned to the lessor. Additional information is below: Lease payments (year-end)$80,000 Walters Corporation's incremental borrowing rate10% Lessor's implicit interest rate (known to Walters)12% Present value factor for an ordinary annuity of 10 years at 10%6.144567 Present value factor for an ordinary annuity of 10 years at 12%5.650223 ? Walters should
A. capitalize the equipment at $550,000. B. capitalize the equipment at $491,565. C. capitalize the equipment at $452,018. D. not capitalize the equipment.
Aunt Anastasia feels that her prices are too low, particularly for her eggs. How much would her profit have to increase on the eggs before it is profitable for her to make and sell eggs?
A) $0.50 B) $1.00 C) $1.50 D) $2.50