2. After four years of employment, Schierhoff, age 56, was terminated by Glaxo Smith Klein for violation of its absenteeism policy. Schierhoff had
taken twelve (12) weeks of leave under the Family and Medical Leave Act in
both 2018 and 2019, plus he was absent another 76 days. Also, between June
2018 and March 2020, he was absent almost forty percent (40%) of the time.
Schierhoff does not dispute that he was frequently absent but claimed that he
was discriminated against on the basis of his age and his disability.
Schierhoff cited as evidence the statement made by his supervisor that he
"was old and worn out."
Did GSK discriminate against Schierhoff in violation of the ADEA and/or
the ADA? Why or why not?

Baker industries’s net income is $24,000, its interest expense is $5,000, and its tax rate is 40%. its notes payable equals $27,000, long-term debt equals $75,000, and common equity equals $250,000. the firm finances with only debt and common equity, so it has no preferred stock. what are the firm’s roe and roic?

Kirnon clinic uses client-visits as its measure of activity. during july, the clinic budgeted for 3,250 client-visits, but its actual level of activity was 3,160 client-visits. the clinic has provided the following data concerning the formulas to be used in its budgeting: fixed element per month variable element per client-visitrevenue - $ 39.10personnel expenses $ 35,100 $ 10.30medical supplies 1,100 7.10occupancy expenses 8,100 1.10administrative expenses 5,100 0.20total expenses $ 49,400 $ 18.70the activity variance for net operating income in july would be closest to:

Johnson company uses the allowance method to account for uncollectible accounts receivable. bad debt expense is established as a percentage of credit sales. for 2018, net credit sales totaled $6,400,000, and the estimated bad debt percentage is 1.40%. the allowance for uncollectible accounts had a credit balance of $61,000 at the beginning of 2018 and $49,500, after adjusting entries, at the end of 2018.required: 1. what is bad debt expense for 2018 as a percent of net credit sales? 2. assume johnson makes no other adjustment of bad debt expense during 2018. determine the amount of accounts receivable written off during 2018.3. if the company uses the direct write-off method, what would bad debt expense be for 2018?