$1128000.
Net purchases=Purchases-Purchases returns
=(1,200,000-12000)=$1188000
Cost of goods sold=Beginning inventory+Net purchases-Ending inventory
=680,000+1188000-740,000
=$1128000.
A periodic inventory system is a form of inventory valuation where the inventory account is updated at the end of an accounting period rather than after every sale and purchase. The method allows a business to track its beginning inventory and ending inventory within an accounting period.
A perpetual inventory system inventory updates purchase and sales records constantly, particularly impacting Merchandise Inventory and the Cost of Goods Sold. A periodic inventory system only records updates to inventory and costs of sales at scheduled times throughout the year, not constantly.
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In a troubled debt restructuring, the total fair value of the consideration given to discharge the obligation will __________ the recorded amount of the debt.
In a troubled debt restructuring, the total fair value of the consideration given to discharge the obligation will always be less than the recorded amount of the debt.
A liability is an obligation by one party, the debtor, to require payment of money or other agreed-upon value to another party, the creditor. An obligation is a deferred payment or series of payments, distinguished from an outright purchase. Debts may be owed by sovereign states or countries, local governments, corporations, or individuals. Commercial debt is generally subject to contractual terms regarding the amount and timing of principal and interest repayments[1]. Loans, bonds, bonds, and mortgages are all types of debt. In financial accounting, liabilities are a type of financial transaction rather than equity.
The term can also be used figuratively to cover moral obligations and other interactions that are not based on monetary value. A person who is helped is sometimes said to be "indebted" to a second person.
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The below program uses a for loop to calculate savings and interest. Try changing the range() function to print every three years instead, using the three-argument alternate version of range(). Modify the interest calculation inside the loop to compute three years worth of savings instead of one.
The modification of the program of the interest calculation inside the loop to compute three years worth of savings instead of one is:
"Program that calculates savings and interest'
initial_savings = 10000
interest rate = 0.05
years = int(input('Enter years: '))
print()
savings = initial_savings
range(1,3,2)
for i in range():
print("Savings in year {}: ${:.2f}'.format(i, se )
savings = savings + (savings*interest_rate)
print('\n')
What is a Program?This refers to the sequence of steps that are written in lines of code and entered into a computer system that tells the computer what to do.
Based on the given image, there are lines of code that are used to calculate savings and interest.
Some slight modifications have been made to changing the range() function to print every three years instead, using the three-argument alternate version of range().
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The tax impact of a capital investment project (such as the replacement of a major piece of machinery) is present during:
The answer is all stages (initiation, operation, and final disposal) of the project.
The official commencement of a project is the initiation. It typically starts with the issuance of a project mandate, which summarises the project's goal and approves budget expenditure.
Putting your project strategy into practice is known as implementation, often referred to as project execution. A "kick-off meeting" for the project is a common way to start.
You will execute the actions and activities outlined in your project plan during this phase to produce the project deliverables.
Since they frequently take place simultaneously, monitoring and control frequently overlap with execution.
They call for monitoring project development and performance as well as resolving any problems that may come up during regular work.
You will finish your job during this final stage and end the project. Closure is just the project's conclusion; it doesn't necessarily indicate success.
Hence, The tax impact of a capital investment project (such as the replacement of a major piece of machinery) is present during all stages (initiation, operation, and final disposal) of the project.
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You estimate the duration of an activity as five days because an expert told you that it took five days to complete a similar activity in a previous project. Which of the following methods have you used for your activity estimation estimate
Analogous estimating method is used for activity duration estimation.
What is Analogous Estimation?
Using the analogous estimation technique, the project manager examines a previous project, analyzes its factors, and uses that data to estimate the size and expense of the current project.
Why is analogous estimating most reliable?
When there are few specifics available early in the project, analogous estimation is a more accurate method of estimation. The technique is straightforward, and it takes very little time to estimate. Since the method is based on the organization's prior project data, a high success rate for the organization can be anticipated.
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as the price of computers fall the duqantity of computers demand increase. This is an application of
As the price of computers falls the quantity of computer demand increases. This is an application of the law of demand.
What do you understand by the Law of Demand?
According to the law of demand, pricing has an inverse relationship with the number of goods purchased. Alternatively said, the quantity requested decreases as the price increases. Decreasing marginal utility is what causes this.
What is the Law of Decreasing Marginal Utility?
According to the law of diminishing marginal utility, consumption grows at the same time that the marginal utility from each new unit decreases. The incremental gain in utility caused by consuming one more unit is called the marginal utility. The word "utility" is used in economics to denote happiness or contentment.
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Which of the following actions is unlikely to help make a company's branded footwear more competitive vis-a-vis the brands of rival firms
Investing in plant upgrades to reduce the reject rates at each of the company's plants is an action that is unlikely to help make a company's branded footwear more competitive vis-a-vis the brands of rival firm.
What is a brand?A brand is an identity, like a logo which people identify a firm or an organization with. It is an intangible business concept that helps people identify a company, product, or individual.
When a company invest only in plant inorder to reduce the reject rates at each of the company's plants, such would not make a brand less competitive because of such investment it has made.
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Banks decide to do away with fees charged when other banks' customers use the banks' own ATMs. If the Federal Reserve wants to maintain the same federal funds rate, it should:
If the Federal Reserve wants to maintain the same federal funds rate, it should sell treasury bills.
What is Federal Reserve?The Federal Reserve System is the United States of America's central banking system. The Federal Reserve Act was enacted on December 23, 1913, in response to a succession of financial panics that led to a need for central control of the monetary system in order to relieve financial crises.What are treasury bills?Treasury bills (sometimes known as T-bills) are short-term securities that mature in one year or less from the date they are issued. T-bills are purchased for less than or equal to their face value, and when they mature, the Treasury pays the face value.If the Federal Reserve wishes to keep the federal funds rate constant, it should sell treasury bills.
Therefore, if the Federal Reserve wants to maintain the same federal funds rate, it should sell treasury bills.
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JoePrivateCo intends to raise capital by selling 100 million shares of common stock in an IPO. The investment bank rep advising JoePrivateCo on the transaction estimates that comparable companies in its sector tend to trade at a multiple of 10 - 12 times 2010's expected earnings. The equity capital markets rep advising JoePrivateCo advises the company to price the shares at a 20% discount to satisfy demand for the securities. Assuming JoePrivateCo intends to float 40% of its total equity in the IPO, and assuming it expects its current trend in earnings growth to continue, what is the mean offering price for the transaction?
Assuming it expects its current trend in earnings growth to continue, the mean offering price for the transaction is: $4.94.
Mean offering priceFirst step is to find the rate or percentage
Percentage=($127 MM/ $115 MM) - 1
Percentage= 10.4%
Second step is to find the cost
Cost =$127 MM×(1 + 10.4%)
Cost = $140.3MM
Third step is to calculate the mean offering price
Mean offering price=[40%×(11 × $140.3MM)]× (1 - 20%)
Mean offering price=(40% × $1,542.8MM/100) × (1 - 20%)
Mean offering price = ($617.1MM / 100) × (1 - 20%)
Mean offering price = $6.17 × (1 - 20%)
Mean offering price= $4.94
Therefore assuming it expects its current trend in earnings growth to continue, the mean offering price for the transaction is: $4.94.
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Focus20 applicants are interviewed for a job. The interviewer creates an ordered list (first to last) of the best 6 applicants. How many ways are there for the interviewer to create the list
Focus20 applicants are interviewed for a job. The interviewer creates an ordered list (first to last) of the best 6 applicants. 38,760 different ways are there for the interviewer to create the list
Since the question is about choice, we apply the combination rule. In general, if we select r objects from a pool of objects, this can be done in nCr a number of ways.
nCr = n! /(n-r)! r!
If an interviewer selects 6 applicants from a pool of 20 applicants to interview for a job, according to the question, this can be done in 20C6 different ways.
20C6 = 20! / (20-6)! 6!
20C6 = 20! / 14! 6!
20C6 = 20 * 19 * 18 * 17 * 16 * 15 * 14! / 14! * 6 * 5 * 4 * 3 * 2
20C6 = 20 * 19 * 18 * 1716 * 15/6 * 5 * 4 * 3 * 2
20C6 = 27,907,200 / 720
20C6 = 38,760 ways.
Therefore, the interviewer can create the list in 38,760 ways.
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When companies like delta and united decide to end their benefits agreements with the nra, what kind of selective benefits of the nra are they targeting?
The answer is material benefit.
A material benefit is any right or interest in any property, whether heritable or movable, corporeal or incorporeal.
Delta and United Arab Airlines gave cheap airfare for members of the National Rifle Association who attended the pro-gun groups convention. The Delta airline discount ranges from 2% to 10%. These reductions are significant benefits since NRA members pay less plane ticket than the rest of the travelers while attending pro-gun groups meetings, which are intended for debate of gun control issues, such as strict background checks.
Therefore, the answer is material benefit.
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A(n) ______ is able to maintain an economic profit in the long run because there are no new entrants to increase supply, drive down price, and eliminate economic profit.
A pure monopolist is able to maintain an economic profit in the long run because there are no new entrants to increase supply, drive down price, and eliminate economic profit.
Who is a pure monopolist?This is the structure of the market that is known to exist where there is a single producer in the market.
The monopolist is known to be the pace setter and he has a huge control of the market since he is the sole producer.
The pure monopolist is known to enjoy abnormal profit in the market given that he is the only company that produces the product.
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According to the identify (id) function of the nist cybersecurity framework, what allows an organization to prioritize its efforts where cybersecurity risk is involved?
Understanding its business environment and resources allows an organization to prioritize its efforts where cybersecurity risk is involved.
The U.S. Department of Commerce's NIST is the National Institute of Standards and Technology. The NIST Cybersecurity Framework assists companies of all sizes in comprehending, managing, and reducing their cybersecurity risk as well as safeguarding their networks and data. The Framework is an optional one.
Identify, Protect, Detect, Respond, and Recover are the five fundamental tasks. On its official website, NIST describes the framework core as a collection of cybersecurity initiatives, objectives, and helpful resources that are applicable to all critical infrastructure sectors.
For cybersecurity professionals, the NIST Cybersecurity Framework is a valuable resource. It is a cost-effective method for businesses to tackle cybersecurity and promote an internal dialogue about cyber risk and compliance because of its versatility and flexibility.
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An organization to prioritize its efforts where cybersecurity risk is involved in understanding its business environment and resources.
Cybersecurity is the practice of deploying human beings, policies, tactics, and technologies to shield companies, their important systems, and sensitive statistics from virtual attacks.
Pc security, cybersecurity, or data era security is the safety of computer structures and networks from data disclosure, robbery of, or harm to their hardware, software program, or electronic information, as well as from the disruption or misdirection of the offerings they provide.
Cybersecurity is a first-rate profession to go into proper now, as there is a high call for experts with these abilities. The U.S. Bureau of exertions information estimates that the employment of records safety analysts will grow 31 percent from 2019 to 2029.
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Selma deposited a paycheck for $378.42. she’ll use the check register to record her transaction. What will be her new balance?
Selma’s new balance will be $378.42. A paycheck also known as a pay check or pay cheque, is a paper document issued by an employer to pay an employee for services rendered. However, the physical paycheck is increasingly being replaced by electronic direct deposits to the employee's designated bank account or loaded onto a payroll card.
Employees may still receive a pay slip detailing the final payment amount calculations. A salary statement, also known as a payslip, pay stub, paystub, pay advice, or sometimes paycheck stub or wage slip, is a document received by an employee that either includes or is attached to the paycheck.
Each country has laws governing what information must be included on a payslip .
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Answer:
Selma's new balance will be $3,014.83. To find Selma's new balance, we need to add her paycheck of $378.42 to her current balance amount. The correct option is c.
Explanation:
The cost of land would not include: Multiple Choice Purchase price. Cost of parking lot lighting. Costs of removing existing structures. Title insurance fees. Government assessments.
The cost of land would not include option(a) i.e, the Cost of parking lot lighting.
What is meant by the cost of land?The asset valuation method that is used to value land that appears on a company's balance sheet is known by the financial accounting term cost of land. The price of the land would cover all costs incurred in purchasing the property as well as those incurred in getting it ready for usage by the business.
The price of the land might be calculated by adding the purchase price, the local government's appraisal of the property, deducting the cost of any existing structures, and title insurance premiums.
All expenses incurred to prepare the improvements for use are included in the cost of land improvements. For instance, the cost of the parking lot is just the agreed-upon fee when two businesses enter into a contract to build one on the other's property.
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Availability of a qualified workforce is determined mainly by ecological factors.
a. True
b. False
It is false that availability of a qualified workforce is determined mainly by ecological factors.
What are ecological factors?These are environmental factors such as temperature, water, soil, wind, that have effect on living beings hence cause changes in habitats.
Examples of ecological factors are:
Air,Water,ClimateSoilNatural vegetationIn the light of the above, we can conclude that availability of a qualified workforce is not determined mainly by ecological factors.
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Which are considered to be the working areas of accounting?
The five main working areas of accounting. They are - managerial accounting, financial accounting, auditing, tax accounting, and accounting for governmental and not-for-profit organisations.
Business transactions are recorded and categorised as part of financial accounting. Here majority of the information is historical, or from the past. Managerial accounting is about a company’s operations to managers.
Internal and external auditing are the two distinct forms of auditing. An impartial third party examines a company's financial accounts during an external audit. Examining an organization's accounting division of labour is a component of internal auditing. Additionally, what standards and processes are in place, as well as who is qualified to do whatever accounting tasks.
Tax accounting include making preparations for tax season and filing tax returns. This area of accounting supports firms in adhering to IRS requirements. Public accounting, sometimes referred to as government accounting, manages all state and federal money distributions. Climate change, the utilisation of welfare money, social accounting, and the estimation of the cost to humanity are only a few examples.
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is considered the father of the gothic period as he launched the gothic style with his renovations at the saint denis
Abbot Suger is considered the father of the Gothic period, as he launched the Gothic style with his renovations at Saint Denis.
Who was Abbot Suger?He was an adviser to King Louis VI and Louis VII who became known as the father of the Gothic style in architecture, as he was involved in the reconstruction of the church of Saint-Denis, where the reconstruction was designed to create a grandeur, perceived in the great façade with three portals and the presence of light, which entered the church in a simple way designed to create an emotional effect on the faithful.
The Gothic style can be understood as an artistic style that developed during the Middle Ages in Europe with characteristics that sought to enhance the religion and the Catholic Church, through the richness of details, grandiose buildings, having influenced the arts and architecture.
Therefore, in churches, pointed vaults, decorated stained glass windows and gargoyles were used, in addition to the grandeur of the buildings, to demonstrate the grandeur that was related to religion before the human being.
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In a hypercompetitive industry, firms: Group of answer choices have to get used to longer product life cycles. have to be more careful and not take any risks to jeopardize their products. must be willing to cannibalize their own products. benefit from lower levels of competitivity intensity.
In a hypercompetitive industry, firms : must be willing to cannibalize their own products.
What is Hypercompetitive Industry ?
Many companies that are in this hyper competitive industry would use the strategies that are adopted by the successful market leaders. However, the things that have worked for others may not work for you.
Therefore, it becomes difficult to maintain the competitive advantage. You can stay competitive in this hyper competitive industry by keeping yourself up-to-date with the changing environmental trends and should be able to take risks.
Companies should cannibalize their products to sustain competitive advantage. In addition to this, it is important for the companies to stay on par with the latest trends and embrace them with the ever changing conditions.
Therefore, we can conclude that the correct option In a hypercompetitive industry, firms : must be willing to cannibalize their own products.
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The combined costs of direct labor and factory overhead per equivalent unit used by many businesses with process operations is called: Multiple Choice Overhead cost per equivalent unit Combined cost per equivalent unit Finished cost per equivalent unit Physical cost per equivalent unit Conversion cost per equivalent unit
Explanation:
Hvvxhxhhxhhxgyxhhxhxhxhhxhxhxhxhxgxgxhx3 is a great resource for to use in the world to create a grassland and unique design for your business with the most important 3 of and your business gbugj
________ is the analysis and redesign of workflow within and between enterprises. Multiple Choice Business process reengineering Benchmarking metrics Critical success factors Decision support interfaces
(C) Business process reengineering (BPR) is the analysis and redesign of workflow within and between enterprises.
What is Business process reengineering (BPR)?Business process re-engineering (BPR) is an early 1990s business management method that focuses on the analysis and design of workflows and business processes within a company. BPR seeks to assist firms in fundamentally rethinking how they do business in order to improve customer experience, reduce operational costs, and compete on a global scale.BPR aims to assist businesses in significantly restructuring their organizations by focusing on the design of their business processes from the ground up. A business process, according to early BPR proponent Thomas H. Davenport (1990), is a sequence of logically related operations executed to produce a specific business objective.Therefore, (C) business process reengineering (BPR) is the analysis and redesign of workflow within and between enterprises.
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Complete question:
__________ is the analysis and redesign of workflow within and between enterprises.
Multiple Choice
(A) Critical success factors (CSFs)
(B) Benchmarking metrics
(C) Business process reengineering (BPR)
(D) Decision support interfaces (DSI)
It is most accurate to say that successful niche marketing relies on a firm's ________ and its ________.
It is most accurate to say that successful niche marketing relies on a firm's Greater knowledge of customers need and its special reputation.
What is a marketing niche?A niche has to do with the particular brand or the particular trade that a person that is focused on buying and selling does.
This is to say that the person that is focused here would be successful if they know what their customers demand from them and the ways that they can carry out their activities for a greater reputation. The niche has the brand of the business.
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A firm that wanted to enable its employees to use and share data without allowing outsiders to gain access could do so by establishing a(n):__________
A firm that wanted to enable its employees to use and share data without allowing outsiders to gain access could do so by establishing a: intranet
This is further explained below.
What is an intranet?Generally, A company that intended to provide its workers the ability to utilize and exchange data while preventing unauthorized third parties from gaining access to such data may do so by building an intranet.
In conclusion, a private network built using World Wide Web technologies; is a local or limited communications network.
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Need help ASAP! Tyyyyyy
This is a question on Entrepreneurship. The two sectors where Mama Meals plays are:
Yes. Business plans are essential for laying out the long-term goals of a business.
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Instead of selling your product throughout the united states, you might concentrate on one or two regions. this is an example of which type of segmentation?
Instead of selling your product throughout the united states, you might concentrate on one or two regions. This is an example of a Geographic type of segmentation.
Segmentation is the process of dividing a company's target market into groups of potential customers with similar needs and behaviors. This helps the company sell to each customer group with different strategies tailored to their needs.
Demographics, psychographics, behavior, and geographic segmentation are considered the four major types of market segmentation, but there are many other strategies available, including numerous variations of the four major types. I have. Here are some more ways you might want to explore.
Segmentation recognizes that different people and groups have different needs. Successful marketers use segmentation to find out which group (or segment) in the market is best suited for the product they offer. These groups form the target market.
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prior to what year was the caveat emptor let the buyer beware was the name of the game for consumers
Prior to 1914, the caveat emptor let the buyer beware was the name of the game for consumers.
What is Caveat Emptor?The phrase "caveat emptor" has gained renown in English. The contract law principle known as caveat emptor often governs the sale of real estate after the date of closure, though it may also apply to the sale of other types of products.Because purchasers frequently know less about the product or service they are buying than the seller, the phrase "caveat emptor" and its use as a disclaimer of warranties are a result.This characteristic of the circumstance is referred to as "information imbalance." Defects in the product or service might only be known to the seller and concealed from the buyer.know more about caveat emptor
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You take out a 20-year $240,000 mortgage loan with an APR of 12% and monthly payments. In 12 years, you decide to sell your house and pay off the mortgage. What is the principal balance on the loan
The principal balance on the loan is $162,593.52.
First, allow's locate the monthly charge
PV = 240,000
n = 20 * 12 = 240 monthly payments
r = 12%/12 = 0.01 in step with month
PV PMT * 1- 1 (1+r) n
240,000 = frac{PMT}{0.01} * left [ 1 - frac{1}{(1+0.01)^{240}} right ]
240,000 = frac{PMT}{0.01} * 0.9081941635
240,000 = PMT * 90.81941635
PMT = frac{240,000}{90.81941635}
PMT = $2,642.6067205176
Now, we are able to locate the mortgage notable after 12 years
PMT = $2,642.6067205176
variety of payments ultimate, n = (20 - 12) * 12 = 96
r = 0.01
PV PMT * 1- 1 (1+r) n
PV = frac{2,642.6067205176}{zero.01} * left [ 1 - frac{1}{(1+0.01)^{96}} right ]
PV = 264,260.67205176* 0.6152770299
PV = 162,593.5214193848
essential stability at the loan = $162,593.52
A mortgage loan is a secured mortgage that lets you avail your budget by providing an immovable asset, along with a house or commercial property, as collateral to the lender. The lender keeps the asset till you repay the loan.
The time period “mortgage” may be used to explain any monetary transaction where one celebration receives a lump sum and agrees to pay the cash again. A mortgage is a sort of mortgage that is used to finance assets. A mortgage is a kind of loan, but no longer all loans are mortgages.
When purchasing a house, there are three main kinds of mortgages to choose from fixed-fee, conventional, and trendy adjustable charge. All have distinct benefits and shortcomings that assist numerous homebuyer profiles.
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Find the EAR in each of the following cases: (Assume 365 days in a year. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Stated Rate (APR) Number of Times Compounded Effective Rate (EAR) 9.9 % Quarterly % 18.9 Monthly 14.9 Daily 11.9 Infinite
EAR = [ 1 + (APR/m)]^m -1 where, m = periods in one year.
What Is the Annual Percentage Rate (APR)?The term "annual percentage rate" (APR) describes the annual interest that is produced by an amount that is charged to borrowers or paid to investors. APR is a percentage that represents the actual annual cost of borrowing money throughout the course of a loan or the revenue from an investment. This does not account for compounding and includes any fees or other charges related to the transaction. Consumers can evaluate lenders, credit cards, and investment goods using the APR as a benchmark figure.
What Makes an Effective APR?
What constitutes a "good" APR will vary depending on the market's competing rates, the central bank's prime interest rate, and the borrower's own credit score. Companies in competitive industries will occasionally offer very low APRs on their credit products, such as 0% on vehicle loans or leasing options, when prime rates are low. Although these low rates could sound alluring, clients should make sure that they are permanent and not just introductory rates that will change to a higher APR after a set amount of time. Furthermore, individuals with really good credit ratings can be the only ones who can get low APRs.
Calculation:
a. [ 1 + (0.099/4)]^4 -1
EAR = 10.27%
b. [ 1 + (0.189/12)]^12 -1
EAR = 20.62%
c. [ 1 + (0.149/365)]^365 -1
EAR = 16.06%
d. [ 1 + (0.119/10,000)]^10,000 -1
EAR = 12.63%
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Correct question:
Find the EAR in each of the following cases: (Assume 365 days in a year. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
Stated Rate (APR) Number of Times Compounded Effective Rate (EAR)
a. 9.9% Quarterly
b. 8.9% Monthly
c. 14.9% Daily
d. 11.9% Infinite
The effect of repurchasing stock using the cost method is to ______. (Check all that apply.) Multiple select question. decrease assets decrease stockholders' equity increase Treasury Stock decrease liabilities increase liabilities decrease Treasury Stock increase assets
The effect of repurchasing stock using the cost method is to Increase Treasury Stock, Decrease stockholders' equity ,Decrease Assets.
What is Cost Method?Certain investments are recorded using the cost method of accounting in a company's financial statements. When an investor holds an investment that it has little or no control over—typically described as owning less than 20% of the company—they employ this strategy. On the balance sheet, the investment is listed as an asset at its historical cost. The investor lists the investment's cost as an asset. Dividend income is recorded as income when it is received and appears on the income statement. Depending on the investor's accounting principles, the receipt of a dividend also boosts the cash flow, either in the investing portion or the operational area of the cash flow statement.Treasury stock, commonly referred to as treasury shares or reacquired stock, describes previously outstanding stock that the issuing corporation purchases back from stockholders. The effect of repurchasing stock using the cost method increases treasury stock.
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Because texas has the highest percentage of uninsured people in the nation, the state quickly established its own health care exchange upon passage of the affordable care act.
i. True
ii. False
ANSWER (A) TRUE.
Texas has the highest percentage of uninsured people in the nation, the state quickly established its own health care exchange upon passage of the affordable care act.
Owning a good health care exchange may cut costs, save uninsured people by providing them services so that they can establish a good health at a affordable rate which is possible due to the affordable care act.
Serving the nation with proper guidance leads to insurance of many unsecure people. Establishing and fulfilling the needs of the highest percentage that is population security is the way one can secure the nation and its growth so that passage of way before the treatment is possible precaution.
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A(n) is an employee organization that represents its members in negotiations with management over wages and working conditions.
A union is an organization of employees that represents its members in negotiations with management about wages and working conditions.
What is the role of the union?It plays an essential role in protecting and maintaining workers' rights, maintaining adequate wages, compatible working hours and negotiating to improve workers' conditions.
Therefore, unions were essential for the achievement of employee rights.
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