Which labor law is considered to be the most pro-union legislation and also established the National Labor Relations Board?
a. The National Labor Relations Act
b. The Anti-Injunction Act
c. The Labor-Management Relations Act
d. The Labor-Management Reporting and Disclosure Act
e. The Worker Adjustment and Retraining Notification Act
a. The National Labor Relations Act
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For each of the following tests, state whether it is a test of details of account balances or a test of details of transactions. Then note for which property management assertion the test provides evidence.1. Test depreciation calculations for a sample of capital assets2. For assets written off, test amounts charged against income and accumulated depreciation3. Physically examine the capital asset additions4. Vouch transactions included in repairs and maintenance for items that should be capitalized5. Vouch significant additions and dispositions to vendor invoices or other supporting documentation6. Examine or confirm deeds or title documents for proof of ownership
What will be an ideal response?
When higher-priced competitors match the lower prices but have longer staying power because of deeper cash reserves, it leads to a(n) ________
A) low-quality trap B) fragile-market-share trap C) price war trap D) escalator trap E) shallow-pockets trap
Which of the following is NOT one of the suggestions the authors provided as a way to conduct your self-analysis?
a. Conduct a life overview. b. Focus on this moment in time. c. Think about what you want to do in the future. d. Use technology.
Robichau Inc. reported the following results from last year's operations: Sales$6,300,000Variable expenses 4,930,000Contribution margin 1,370,000Fixed expenses 803,000Net operating income$ 567,000Average operating assets$3,000,000At the beginning of this year, the company has a $900,000 investment opportunity with the following characteristics: Sales$1,530,000 Contribution margin ratio 30% of salesFixed expenses$306,000 The company's minimum required rate of return is 20%.The residual income for this year's investment opportunity when considered alone is closest to:
A. $153,000 B. ($27,000) C. $179,100 D. $0