Elena Gómez, a marketing analyst at the river corporation, has decided to change jobs and move to a new firm. Because her current and future employers both have plans, she can take her benefits and transfer when she starts with the new company.
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- Lu is 26 years old and single with a master's degree in education. he is paralyzed and confined to a wheel chair as a result of an auto accident. he earns $32,000 per year. instead of the tradition "one benefit package fits all," the company is allocating an additional 25 percent of each employee's annual pay to be used for discretionary benefits. those benefits and their annual cost are as follows: a) supplementary health care for employee: plan A (no deductible and pays 90 percent) =$3000, plan B ($200 deductible and pays 80 percent)=$2000, plan C ($1000 deductible and pays 70 percent)=$500, s supplementary health care for dependents (same deductibles and percentages as above): plan A=$2000, Plan B=$1500, plan C=$500, supplementary dental plan =$500, life insurance: plan A ($25000 coverage)=$500, plan B (50,000 coverage)= $1000, plan C(100,000 coverage) =$2000, plan D ($250000 coverage)= $3000 mental health plan =$500, prepaid legal assistance =$300, vacation =2 percent of annual pay…What federal laws add to the weekly maximum and minimum unemplyment benefits in Georgia? Provide some detials on how much and how long and Is there a time limit to how long you can get unemployment?Consider a firm run by an “incumbent” manager. Suppose the incumbent manager has the opportunity to invest in one of two different projects, Project 1 or Project 2. The incumbent manager has a higher ability in managing Project 1 rather than Project 2. Also, if theincumbent is fired by shareholders, she is replaced by an “alternative” manager whose ability to manage Project 1 is lower than the incumbent’s ability. Suppose the investment in a project is irreversible, and the shareholders’ choice of the incumbent manager salary (as well as their decision on whether to fire her) is taken afterthe investment is made. Also, assume the incumbent manager has a stake in the firm she runs, but she does not fully control it. Questions:(a) Suppose none of the projects gives the manager a direct utility. According to Shleifer and Vishny (1989), which of the two projects should the incumbent manager choose? What is the economic rationale behind this choice? Explain. (b) Suppose the incumbent…
- Kara wants to build a business. She has plenty of capital and potential investors and partners. She wants to avoid the burden of sole liability for her business and wants to be able to close the business when she is no longer interested in it. Which of the following would lead Kara to choose a sole proprietorship organization for her business? Avoidance of sole liability Ability to close the business easily Many potential investors/partners Plenty of capitalTaylor, 21, works as an assistant/receptionist at a local pet groomer, earning $15,080 per year (full-time, minimum wage work) with no benefits or paid leave. They find working with the groomers, pets, and customers interesting and fun since they plan to pursue work at the county animal shelter in the future. Working with animals has been Taylor's goal for most of their life. Taylor lives with their parents, paying rent, cooking most of the family's meals, and helping out around the house. They also provide occasional childcare for their much-younger siblings in exchange for using one of the family cars to get to work when the weather is poor. On Saturdays, Taylor volunteers with a local animal rescue. They'd like to foster pets for the rescue, but Taylor's siblings are allergic to cats and and their parents hate dogs. Taylor doesn't have a lot of spare time to socialize with their friends but always makes time for a weekly group movie night at someone else's house (Taylor's parents…You are a former certified education administrator who departed your former position to become the owner of a small, in-home day care consisting of you and a part-time assistant where you care for children from age three (3) to age ten (10). Over the course of time, your demographic population has increased due to significant business growth that has resulted in many families relocating to your area. With more businesses projected to move to the area and the building of new housing developments, it is projected that this growth could be long term. You have decided that this is a good opportunity to expand your day care business as you have received many inquiries for childcare. In order to comply with your home state regulations, you will require a larger facility and will need to hire additional staff in order to sustain the larger demand for day care. This staff will consist of five (5) Certified Day Care Professionals, one (1) Registered Nurse Professional, five (5) After-School…
- The partnership agreement of Jones, King, and Lane provides for the annual allocation of the business's profit or loss in the following sequence: Jones, the managing partner, receives a bonus equal to 25 percent of the business's profit. Each partner receives 19 percent interest on average capital investment. Any residual profit or loss is divided equally. The average capital investments for 2021 were as follows: Jones $ 125,000 King 250,000 Lane 375,000 The partnership earned $58, 000 net income for 2021. Prepare a schedule showing how the 2021 net income should be allocated to the partners. (Loss amounts should be indicated with a minus sign.)Madam Michelle Sumnaya is in the process of putting together a monthly magazine directed toward executive women in the workplace. The objective of this magazine is to provide information useful to women who are pursuing various careers. The first issue is scheduled to go to press in 90 days. Some of the articles included in this issue are “Managing Your Time for Fun and Profit”. “What You Need to know about Dressing for Success”, and “Money Management: Do It Like the Experts”. A section is also devoted to successful women at work entitled “Women in the News”. Other features include a question-and-answer section that responds to letters and inquiries from readers, and a stock market section that reviews industries or companies and points out the benefit and risk associated with investing in them. After collecting the pro-forma invoice from the printers, she realized she could not fund the printing and distribution of the magazine since she had used all her money in the…John and Mary wish to form a business but they wish to keep their affairs secret as far as possible (such as not letting outsiders find out their addresses or details of their business arrangements). They want to use a structure that is low cost to establish and low cost to maintain. (Both John and Mary have almost all of their assets in family trusts that were set up many years ago and the last time property was transferred into their trusts was over six years ago.) They both want to be involved in day to day management of the business. Which is the best business structure for them to adopt from the following options? A company A trading trust A limited partnership A general partnership
