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Under the 1991 Civil Rights Act, an employer cannot simply require that all job applicants have a minimum level of education, such as a high school diploma. They must be able to defend the requirement as job related for the position.
Working Capital
The difference between a company's current assets and current liabilities, indicating short-term financial health and operational efficiency.
After-Tax Discount
A reduction in the price of an item or service that is applied after calculating taxes.
Straight-Line Depreciation
A method of allocating the cost of a tangible asset over its useful life uniformly.
After-Tax Discount
The reduction or deduction from the gross amount on which tax has already been calculated and deducted.
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