The Davis-Bacon Act, a federal wage law, is criticized for a provision that permits minimum compensation to be based on the prevailing rate, which frequently includes higher, union rates.
What is a Davis-Bacon prevailing wage?The Davis-Bacon prevailing wage is the basic hourly wage rate plus any fringe benefit rates specified for a specific group of workers in the applicable Davis-Bacon wage decision.
What is the purpose of the Davis-Bacon Act?The Davis-Bacon Act requires the Department of Labor to determine these regionally typical wage rates. The Davis-Bacon Act must be followed by all contractors and subcontractors engaged in work for federal or District of Columbia contracts.
What among the following describes the Davis-Bacon Act?Mechanics and laborers must be paid the local prevailing wage on public works projects, according to the Davis-Bacon Act of 1931, a federal statute of the United States. When supplying the government with goods or services, you must pay a "prevailing wage."
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An activity has an optimistic time estimate of 12 days, a most likely estimate of 16 days, and a pessimistic estimate of 22 days. what is the expected standard deviation of the activity? betwe
The expected standard deviation of the activity is approximately 1.67 days.The expected standard deviation of an activity can be calculated using the formula:
Standard Deviation = (Pessimistic Estimate - Optimistic Estimate) / 6
In this case, the pessimistic estimate is 22 days and the optimistic estimate is 12 days.
Standard Deviation = (22 - 12) / 6
Standard Deviation = 10 / 6
Standard Deviation ≈ 1.67
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Suppose the required reserve ratio is 20%. If banks are conservative and choose not to loan all of their excess reserves, the real-world deposit multiplier is
The deposit multiplier will be less than 5 if the bank decides not to loan out all that the reserve requirements would permit.
What is required reserve ratio?
The percentage of deposits that a commercial bank must retain in reserve is known as the required reserve ratio. Money that is being held in reserve cannot be borrowed or invested. The reserve requirement and reserve deposit ratio are other names for the needed reserve ratio. All American commercial banks' required reserve ratios must be established by the Federal Reserve. The statutory reserve ratio aids in ensuring that commercial banks have sufficient reserves to satisfy obligations and consumer withdrawals. Additionally, it encourages a reliable banking system.
One of the various tools the Federal Reserve employs to carry out monetary policy is the required reserve ratio. The necessary reserve ratio is a tool that the Federal Reserve can use to affect the money supply and interest rates. The required reserve ratio may be lowered by the Federal Reserve in order to expand the money supply. As a result, the money supply would expand and commercial banks would be able to loan out more money. The required reserve ratio can be increased by the Federal Reserve in order to reduce the amount of money in circulation. As a result, commercial banks would be able to lend out less money, which would lead to a fall in the money supply.
The amount lent out if the bank lends the maximum amount that a reserve ratio will permit is:
Multiplier= \(1/0.20=5\\\)
The deposit multiplier will be less than 5 if the bank decides not to loan out all that the reserve requirements would permit.
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g well Pipe Corporation. If the company buys the new machine and disposes of the existing machine, corporate profit over the five-year life of the new machine will be ________ than the profit that would have been generated had the existing machine been retained for five years. Select one: a. $150,000 higher b. $230,00
The answer is: $150,000 higher.
To calculate the corporate profit over the five-year life of the new machine, the incremental cash inflows and outflows should be compared to those of the existing machine.
The incremental cash inflows will be the additional revenues generated by the new machine, while the incremental cash outflows will be the additional costs incurred by the new machine minus the cash savings from disposing of the old machine.
If the incremental cash inflows are greater than the incremental cash outflows, then the new machine will generate higher profit than the existing machine. In this case, the incremental cash inflows are $400,000 and the incremental cash outflows are $250,000, resulting in a profit increase of $150,000.
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On January 1, 2016, Weaver Company purchased as held-to-maturity debt securities $500,000 face value of Park Corporation's 8% bonds for $456,200. The bonds were purchased to yield 10% interest and pay interest annually. The bonds mature on January 1, 2021. Weaver uses the effective interest method of amortization. What amount should Weaver report on its December 31, 2016, balance sheet as an investment in held-to-maturity debt securities
Answer:
$461,820
Explanation:
Calculation to determine What amount should Weaver report on its December 31, 2016, balance sheet as an investment in held-to-maturity debt securities
First step
Amortization of discount= Purchased value of bond × interest rate of return - face value of bond × interest rate
Amortization of discount= $456,200 × 10% - $500,000 × 8%
Amortization of discount= $45,620 - $40,000
Amortization of discount= $5,620
Now the amount reported is
investment in held-to-maturity debt securities= Purchased value + discount amortization
investment in held-to-maturity debt securities= $456,200 + $5,620
investment in held-to-maturity debt securities= $461,820
Therefore What amount should Weaver report on its December 31, 2016, balance sheet as an investment in held-to-maturity debt securities is $461,820
Help me please :D
What types of planning can be done to improve a nation’s economy? A nation can undergo pick 1 for slot 1 --> short-term/detailed/fulfilled planning or restrictive/long-term/constructive planning in order to improve its economy.
The types of planning that can improve the economy of a country is restrictive/long-term/constructive planning :
What is Planning?This refers to the series of steps that a person undertakes in order to achieve a set goal.
Hence, we can see that when it comes to the national economy, it is important for a country to engage in restrictive, long-term, and constructive planning in order to boost the economy.
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Answer:
What types of planning can be done to improve a nation’s economy? A nation can undergo pick 1 for slot 1 --> short-term/detailed/fulfilled planning or restrictive/long-term/constructive planning in order to improve its economy.
Explanation:
Discuss how "The Cheesecake Factory" approaches and manages ethical issues.
Discuss a recent ethical issue involving "The Cheesecake Factory" and their management of the issue.
The Cheesecake Factory is committed to ethical business practices and approaches ethical issues with a comprehensive framework.
They prioritize integrity, fairness, and transparency in their operations. The company maintains a strong code of conduct that outlines expected behaviors and ethical standards for employees at all levels. They emphasize training and education to ensure employees understand and adhere to ethical guidelines. The Cheesecake Factory also encourages open communication, providing channels for employees to report any ethical concerns or violations. By fostering a culture of accountability and responsibility, The Cheesecake Factory strives to address ethical issues promptly and appropriately, safeguarding their reputation and maintaining trust with stakeholders.
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how can you solve circle geometry in a simple way
Answer: by using the formula A=pi(3.14) R(radius) squared
Explanation:
Hope that helped
Choose a bank in your community and ask for the forms that you need to fill out in order to open a checking account and a savings account. You may be able to get the forms from the bank branch or to download them from the bank’s website. Fill out both forms.
Then, for each account type, describe the following requirements:
- the information the bank wants
- the documentation required to support the information you provided
- the agreement you’re entering into with the bank by signing the form
(for finance class)
Answer:
This applies for the Bank of America
- the information the bank wants
For opening a savings or a checking account, the Bank of American only needs some basic personal information, and at least $25 from you, in order to start the account.
- the documentation required to support the information you provided
You need to provide the Bank with these documents:
A primary ID (for example, a driver's license, or a state's issued ID with photo)
A secondary ID (For example, a college ID)
Current mailing address
Social Security Number
Email address
Account number (in case you already have an account)
- the agreement you’re entering into with the bank by signing the form
The agreement is too long to transcribe in this answer, but it essentially compromises you to accept the terms or service of Bank of America. It also gives you information about how the Bank of America will manage your account, and how it will protect its security.
Answer:
Bank of America
- the data the bank needs
For opening an investment funds or a financial records, the Bank of American just necessities some fundamental individual data, and at any rate $25 from you, to begin the record.
- the documentation needed to help the data you gave
You need to furnish the Bank with these reports:
An primary ID (for instance, a driver's permit, or a state's given ID with photo)
A secondary ID (For instance, a school ID)
Current postage information
Social Security Number
Email address
Account number (on the off chance that you as of now have a record)
- the understanding you're going into with the bank by marking the structure
The arrangement is too long to even think about interpreting in this answer, however it basically bargains you to acknowledge the terms or administration of Bank of America. It likewise gives you data about how the Bank of America will deal with your record, and how it will ensure its security.
Explanation:
The projected benefit obligation was $480 million at the beginning of the year and $515 million at the end of the year. At the end of the year, pension benefits paid by the trustee were $22 million and there were no pension-related other comprehensive income accounts requiring amortization. The actuary’s discount rate was 5%. What was the amount of the service cost for the year?
The amount of the service cost for the year was $40 million.
The service cost is a component of pension expense that represents the increase in the projected benefit obligation (PBO) due to employee service during the year. It is calculated as the present value of the expected future benefits attributed to the current year's employee service. In this case, we are given that the PBO was $480 million at the beginning of the year and $515 million at the end of the year, indicating an increase of $35 million ($515 million - $480 million).
However, we need to consider the effects of pension benefits paid by the trustee and other comprehensive income accounts requiring amortization. Since there were no pension-related other comprehensive income accounts requiring amortization mentioned in the given information, we only need to consider the pension benefits paid by the trustee, which were $22 million.
Therefore, the total increase in the projected benefit obligation due to service cost is $35 million, and after subtracting the pension benefits paid by the trustee of $22 million, we get the service cost for the year as $40 million ($35 million - $22 million).
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Eloise, the director of Human Resources at her organization
Since Eloise is working to determine its human resource needs for the next five years, her first course of action is: assessing the future labor supply.
What is Human resources management?Human resources management (HRM) can be defined as an art that involves effectively and efficiently managing, controlling and improving the functions, number of employees or workers, activities that are being used by an organization.
This ultimately implies that, human resources managers are saddled with the responsibility of recruiting, managing and improving the welfare and working conditions of the employees working in an organization because they are the most important asset of any organization.
In conclusion, Eloise's first course of action is assessing the future labor supply for her organization.
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Complete Question:
Eloise, the director of human resources at her organization, is working to determine its human resource needs for the next five years. Eloise's first course of action is?
Planning , using a five step process.
by learning that the demand for bikes is going to increase, a
bike producing company can take steps to increase production and introduce new
models of motorbikes to lure new customers. This is what Hero Honda did in the
1990s to establish its leading position in the Indian bike market. ( Identify the importance of environmental scanning stated )
Answer:
how
Explanation:
which accounts have a normal credit balance? choose all answers that are correct
A) Supplies
B) Accounts Payable
C) Cash
D) Insurance
E) Capital
F) Sales
Answer:
B and D.
Explanation:
The account that have a normal credit balance is account payable, capital account, and sales.
Normal balance:The assets, expenses, and losses contains the normal debit balance. While on the other hand, the liabilities, revenues, and profits contains the normal credit balance. Therefore, the option b,option e, and option F is correct.learn more about the account here: https://brainly.com/question/21623488
List the steps of the rational model of decision making in the correct order, with the first step listed at the top and the last step listed at the bottom.
The steps of the rational model of decision making in the correct order (with the first step listed at the top and the last step listed at the bottom) includes as follows:
Identify the problem or opportunityThink of alternative solutionsEvaluate alternatives and select a solutionImplement and evaluate the solution chosen.What is the rational model of decision making?Basically, the decision making refers to the process of making choices by identifying a decision, gathering information and assessing alternative resolutions, the use of this process can help to make more deliberate and thoughtful decisions by organizing relevant information and defining alternative.
Going forward, the rational model of decision making involves an individuals using facts and information, analysis and a step-by-step procedure to come to a decision. This rational model is more advanced type of decision-making model.
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how do interest earnings accumulate in a deferred annuity
Answer:
The income payments from a deferred annuity often start many years later.
How can understanding the economy help you to make better financial decisions?
Answer:
Explanation:
No matter what the future holds, an economics major helps people succeed. Understanding how decisions are made, how markets work, how rules affect outcomes, and how economic forces drive social systems will equip people to make better decisions and solve more problems. This translates to success in work and in life.
Read the statements below. If the statement describes an appropriate use of e-mail select A. If the statement describes an inappropriate use of e-mail, select I.
A—Appropriate
I—Inappropriate
__ Courtney sent her expense report to her supervisor in an attachment.
__ George forwarded a chain letter asking for support for a local charity.
__ Fin sent a brief message to his friend about tonight's plans.
__ Sheila denied receiving an e-mail asking her to write a report.
__ Tori scheduled a meeting with her co-worker.
Answer:
I and A
Explanation:
Courtney sent her expense report to her supervisor in an attachment -- A,George forwarded a chain letter asking for support for a local charity. -- I.Fin sent a brief message to his friend about tonight's plans. -- I.Sheila denied receiving an e-mail asking her to write a report. -- I.Tori scheduled a meeting with her co-worker. -- AWhat logistic difficulties do you expect in gathering all necessary data regarding academic achievement and leadership styles?
Explain.
Logistic difficulties in gathering necessary data regarding academic achievement and leadership styles may include issues with data accessibility, confidentiality, data collection methods, participant cooperation.
Gathering data on academic achievement and leadership styles can present several logistic difficulties. Firstly, accessing relevant data sources, such as academic records or leadership assessments, may require permission and cooperation from educational institutions or organizations. Maintaining confidentiality and privacy of the collected data is also crucial to ensure ethical practices. Secondly, choosing appropriate data collection methods, such as surveys, interviews, or observations, may require careful planning and coordination with participants.
Ensuring participant cooperation and willingness to provide accurate information can be challenging. Additionally, collecting comprehensive and reliable data on academic achievement and leadership styles may require significant time and resources, including tracking academic progress over a long period and evaluating different dimensions of leadership. Managing these logistical challenges is essential to ensure the quality and validity of the gathered data and to derive meaningful insights for research or decision-making purposes.
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A rising GDP and a falling unemployment rate are most likely indicators that an economy is in which phase of the business cycle?
answer: expansion
A rising GDP and a falling unemployment rate are most likely indicators that an economy is in the expansion phase of the business cycle.
During the expansion phase, the economy experiences an increase in economic activity and employment opportunities, resulting in a rise in GDP and a decline in unemployment rate. This phase is typically characterized by increased consumer and business spending, rising stock prices, and increasing confidence in the economy. The expansion phase is usually followed by the peak, recession, and trough phases in the business cycle.
The business cycle refers to the fluctuation of economic activity in an economy over time. It is typically characterized by alternating periods of expansion and contraction, with the peak, recession, and trough phases in between. Various factors contribute to the business cycle, including consumer spending, business investment, and government policies.
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The income tax rate in a state is a flat 10 percent. Based on that rate, who has the higher tax burden?
Annual Income
Alex – $20,000
Beatrice – $190,000
Julio – $80,000
Roberta – $60,000
Alex
Beatrice
Julio
Roberta
Answer:
Alex
Explanation:
A flat tax system applies a uniform tax rate to all levels of income. Individuals with low-incomes pay taxes at the same rate as those with a high income.
The flat-rate system places a higher burden on individuals with a low income. After the tax is deducted, they remain with relatively less disposable income as compared to an individual with high income. Alex will have the highest tax burden. He earns almost ten times less than Beatrice, yet they pay taxes at the same rate.
Ray has a music studio he runs from his house. Last quarter he raised $3000 is total services rendered. His expenses included $1000 for rent, $300 in utilities, $50 in interest on a loan he got from the bank and $200 in depreciation of his instruments. His tax rate is 40%. How much cash will Ray have to reinvest in his music studio?
Answer:
$1,070
Explanation:
As provided, the total revenue recorded in the previous quarter = $3,000
Total expenses as provided:
Rent expense = $1,000
Utilities = $300
Interest = $50
Depreciation = $200
Total = $1,550
Revenue after providing of all the expenses = $3,000 - $1,550 = $1,450
Less: Tax 40% of the amount $1,450 = $580
Net revenue = $870
Add: Depreciation = $870 + $200 = $1,070
Amount available for reinvestment = $1,070
Note: Depreciation is a non cash expense and shall be added to compute the amount available for reinvestment as that is not the cash spent.
if monica is building computers under conditions of diminishing marginal returns, the marginal cost will:
If Monica is building computers under conditions of diminishing marginal returns, the marginal cost will eventually increase.
What is Diminishing marginal returns?Diminishing marginal returns means that as more units of a variable input (such as labor or raw materials) are added to a production process while holding other inputs constant, the marginal product of that input will eventually decrease. In the context of building computers, this means that as more workers are added to the production process, the marginal product of each additional worker will eventually decrease.
As the marginal product of each additional worker decreases, the cost of producing each additional computer will increase. This is because more resources (such as raw materials, equipment, and time) will be required to produce each additional unit of output.
Therefore, the marginal cost of producing each additional computer will eventually increase as diminishing marginal returns set in, which can make it more difficult and costly for Monica to continue to expand production beyond a certain point.
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Aggregate output is the primary measure of the economy's
O marginal output of goods and services
O total output of goods and services
O total output of goods and services expressed in real terms
O total output of goods and services adjusted for inflation
Aggregate output is the primary measure of the economy's - total output of goods and services
The costs of labor and products are the primary driver of natural market in the economy. Be that as it may, the opposite is in like manner apparent: changes in natural market impact the expense of work and items. The connection between total interest and general cost levels isn't really clear or direct. In any case, in the most wide sense (and under ceteris paribus conditions), an extension in all out interest relates with a development in the expense level. Aggregate output is the essential proportion of the economy's complete result of labor and products
Aggregate demand increases when the pieces of total interest including utilization spending, adventure spending, government perpetually spending on conveys less imports-rise.
Aggregate demand is a financial estimation of the full scale measure of finished work and items that are mentioned in an economy. This assessment is conveyed as the total amount of money exchanged for those work and items at a specific worth level and second.
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What are the limitations of using immunochromatography?
what are the limitations of using latex agglutination?
Immunochromatography and latex agglutination have limitations in sensitivity, specificity, and quantitative measurements. Careful consideration and exploration of alternatives are important.
1. Limitations of using immunochromatography:
a. Sensitivity: Immunochromatography tests may have limitations in terms of sensitivity, especially when compared to more advanced laboratory-based methods. This can result in false-negative results, where the test fails to detect the target analyte even if it is present at low levels.
b. Specificity: While immunochromatography tests are designed to be specific to the target analyte, there is a possibility of cross-reactivity or interference with other similar substances. This can lead to false-positive results or inaccurate interpretation of the test.
c. Quantitative measurement: Immunochromatography tests are generally qualitative or semi-quantitative, providing a visual indication of the presence or absence of a target analyte. However, they may not offer precise quantitative measurements, which can be a limitation in certain applications requiring precise quantification.
d. Limited multiplexing capability: Immunochromatography tests are often designed for the detection of a single target analyte or a limited number of analytes. Compared to laboratory-based techniques, they may have limited capacity for multiplexing, i.e., simultaneous detection of multiple analytes in a single test.
2. Limitations of using latex agglutination:
a. Sensitivity: Similar to immunochromatography, latex agglutination tests may have limitations in sensitivity. They may not be as sensitive as more advanced techniques, leading to potential false-negative results.
b. Specificity: Latex agglutination tests can be subject to cross-reactivity or interference, resulting in false-positive or false-negative results due to nonspecific interactions between the latex particles and other substances.
c. Subjectivity: Interpretation of latex agglutination tests can be subjective and dependent on the observer. The presence or absence of agglutination can be open to interpretation, which may introduce variability and potential for errors.
d. Limited quantitative information: Similar to immunochromatography, latex agglutination tests generally provide qualitative or semi-quantitative results rather than precise quantitative measurements. This can be a limitation in situations where precise quantification is required.
It's important to note that the limitations mentioned above are not inherent to immunochromatography or latex agglutination as a whole but represent common challenges associated with these techniques. Advancements and modifications in the design and methodology can help overcome some of these limitations in specific applications.
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Why would an employer ask you to provide proof of your identity when filling out an i-9 form?
The employee must also provide their employer with valid identification and employment authorization paperwork.
Briefing:-The employer is required to review these documents to see if they appear to be legitimate and pertain to the employee, and then record the document information on the employee's record. Form I-9.
What does identification mean in the I-9 context?a driver's license or identification card issued by a state or US territory, provided it has a photo and includes information such the holder's name, address, gender, height, and eye color.
When may an employer request I-9 paperwork?On their first day of employment—the time when an employee officially starts working for pay or another type of compensation and is referred to as the date of hire under Department of Homeland Security regulations—you can ask your employees to submit Form I-9; or. If they accepted your job, before their first day of work.
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The free-rider problem arises when an individual ____________. A. does not pay for a good because that individual is engaging in illegal activity. B. pays for a good only when being monitored by the authorities for noncompliance. C. does not pay for a good because nonpayment does not prevent consumption. D. pays for a good only when he or she is in the top quartile of people needing the good.
The free-rider problem arises when an individual [C] does not pay for a good because nonpayment does not prevent consumption.
Is it abc or cba
I wanna know thanks bro
Answer:
If your talking about Alphabetical order, it's ABC.
If your talking about anything else, it might be CBA.
Explanation:
If answer is 1, Go along with the alphabet.
ABCDEFGHIJKLMNOPQRSTUVWXYZ.
If it's two, (I actually don't know.)
What is a pastoral food chain
What are three things I can do now to start building my work experience?
An organization that is made up of many owners who normally are not active in the decision-making and operations of the business. is what.
A business owned by one person who typically runs and manages the business. is what \.
A new type of business structure that combines the benefits of a partnership and corporation. is what
___________________ Two or more people who share the ownership of a single business.
An organization that is made up of many owners who normally are not active in the decision-making and operations of the business. is what. Answer: Limited Partnership
A business owned by one person who typically runs and manages the business. is what.
Answer: Proprietorship
A new type of business structure that combines the benefits of a partnership and corporation. is what. Answer: Limited Liability Corporation
Answer: Partnership Two or more people who share the ownership of a single business.
Hebert Simon cited in Certo & Certo (2014) questioned the ability of managers to make rational decisions. In his opinion, managers are not able to make perfectly rational decision. Do you agree? why/why not? Secondly, it is often said that managers often make decisions without all the necessary information. Why is this so
Situations and scenarios affects the ability of managers to make rational decisions.
Let understand that an approach of making rational decisions is based on obtained data which effectively allows decision-making, thereby reducing chances of errors, assumptions and all causes for poor judgments
Thus, the main key for decision-making strategy is information and data management. The problem cited by Hebert Simon is because some of decision made by managers are based on assumptions.In conclusion, quick and rational decisions should be embraced by manager although its requires keeping a track of information and data of different scenarios.
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