Which of the Following Acts Requires Employers with at Least

question 63

Multiple Choice

Which of the following acts requires employers with at least 100 employees to give at least 60 days' notice to workers of plant closings?

• A) National Labor Relations Act of 1935
• B) Fair Labor Standards Act of 1938
• C) Equal Pay Act of 1963
• D) Worker Adjustment and Retraining Notification Act of 1988

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Definitions:

Quick Ratio

A financial metric that measures a company's ability to meet its short-term obligations with its most liquid assets; also known as the acid-test ratio.

Current Assets

Assets that are expected to be converted into cash or used up within one year or one business cycle, whichever is longer.

Current Liabilities

Short-term financial obligations due within one year, such as accounts payable and short-term loans.

TIE

The Times Interest Earned (TIE) ratio is a financial metric that measures a company's ability to meet its debt obligations based on its current income.