JJ will have to transfer workers from another department to the new project. These workers earn a contribution of $2 per direct labour hour in their original department. The fixed overhead cost would be $2.20 per hour and this is expected to remain unchanged. JJ’s products are being sold to a distributor. The sales agreement allows the selling price to rise at the rate of 10 percent per year after the first year. The unit cost price, except for fixed costs, is expected to increase at the same rate as the selling price.
Working capital requirements are expected to be $15,000 in the first and second years, increasing to $18,000 in the third year and is expected to remain at this level till the end of the project. All the amounts of working capital will be recovered at the time of project termination. The new project uses cutting-edge technology and so enjoys a tax holiday from the authorities. The drawback of using this high-risk approach is that the new project requires a minimum return of 27 percent per annum.
Required: Identify the relevant cash flows for the decision as to whether JJ should proceed to purchase the new machine. Note: To show all workings with accompanying explanations. Word count requirement: 800 View Moreįirst 2 weeks. Apply theories of intergroup relations and race and ethnicity to different subordinate groups.Compare and contrast the different experiences of various ethnic groups in Canada.Give historical and/or contemporary examples of each type of intergroup relation.Explain different intergroup relations in terms of their relative levels of tolerance.Intergroup Relations and the Management of Diversity Identify examples of culture of prejudice.ġ1.4.Describe how major sociological perspectives view race and ethnicity.Identify different types of discrimination.Explain the difference between stereotypes, prejudice, discrimination, and racism.Stereotypes, Prejudice, and Discrimination Define a minority group (subordinate group).ġ1.2.Define a majority group (dominant group).Understand the difference between race and ethnicity.50 people who joined the programme are sampled, their weight loss is 9 pounds with a standard deviation of 2.8 pounds. Visible minorities are defined as “persons, other than Aboriginal peoples, who are non-Caucasian in race or non-white in colour” (Statistics Canada, 2013, p.
This is a contentious term, as we will see in this chapter, but it does give us a way to speak about the growing ethnic and racial diversity of Canada.