Which of the following standards is not used at the bargaining table for the purpose of determining a wage rate?
a. ability to pay
c. taxable income ratio
b. comparative norm d. cost of living
C
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Stocks that have the same expected risk should:
A) have the same sustainable growth rate. B) offer the same dividend payment. C) have the same price. D) have the same expected rate of return.
Which of the following is true of a (revolving) $10 million bank line of credit?
a) The borrower can draw down up to a maximum $10 million b) Subject to the borrower abiding by conditions (covenants), the bank must make the full line available to be borrowed. c) The stated interest rate is paid only on the amount actually drawn down; there may be a fee to be paid on the rest. d) The borrower may pay back some or all of the debt prior to the credit line's maturity. e) All of the above.