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IceJOKER [234]
2 years ago
15

Employees covered by the overtime provisions of the Fair Labor Standards Act are labeled a. nonexempt employees. b. salaried wor

kers. c. protected workers. d. exempt employees.
Business
1 answer:
Whitepunk [10]2 years ago
7 0

Employees covered by the overtime provisions of the Fair Labor Standards Act are labelled as nonexempt employees.

Non-exempt employees are covered by statutory laws and are required to be paid the minimum wage in accordance with the legislation. The requirement of 40 hours of work each week should be used to compute these benefits on an hourly basis. Most of the jobs in this category are probably not management ones.

Non-exempt employees are not exempt from overtime pay and must be paid 1.5 times their regular hourly rate when working overtime. Non-exempt employees often earn less than this amount, but not always as state-specific criteria can vary.

Learn more about non-exempt employees here:

brainly.com/question/15995540

#SPJ1

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1. As an Organizational Psychologist, you have thought of arranging a picnic in two weeks' time for your employees from all depa
yuradex [85]

Hello. This question is incomplete. The full question is:

As an Organizational Psychologist, you have thought of arranging a picnic in two weeks' time for your employees from all departments and their families to unwind their work stress and give them a healthy mental break. There are many fun activities that you have planned. For the children, there will be games like three-legged races and kite-flying. For the adults, besides the baseball game in the afternoon, there will also be sack race and horseshoes. There will be prizes for the winners of all the events. Lunch should be around noon, and you are generously providing all the food and drinks, so let your employees know that they do not need to bring anything.

Your Task: Write a memo requesting, but not demanding, that employees attend the picnic. Also ask your employees to confirm at least one week in advance whether they are coming or not, and also how many guests they are bringing. Also, make sure employees know when and how to respond to you. Be sure to list the activities for that day as well.

Answer:

MEMORANDUM No. 0120

From: Department of Organizational Psychology

For: All employees and families

Subject: Invitation to the annual picnic for socializing.

November 25, 2020.

Dear employees,

We have the honor of inviting all employees and their families to participate in the annual picnic of fraternization that our company will hold on December 20 at 2 pm, at the Club Santa Anne. On the occasion we will offer recreational activities, games and relaxation sessions to promote a day of leisure for our employees. We also have activities for children and a delicious lunch and snack for everyone.

The piquimique will be offered completely free of charge and we hope to meet everyone, although the presence is not mandatory.

In order to avoid waste, we would like to ask you to confirm your presence and the number of guests you intend to bring. This information should be sent to the psychology department email and we ask that the information be sent by January 10th.

We count on your understanding.

Regards,

Maria Lopes.

Director of the psychology department.

7 0
2 years ago
uppose your firm has decided to use a divisional WACC approach to analyze projects. The firm currently has four divisions, A thr
Ivenika [448]

Answer:

WACC for A: 9.05%

WACC for B: 9.50%

WACC for C: 12.20%

WACC for D: 12.65%

Explanation:

WACC for a division will be equal: Percentage of Debt in capital employed by the Division x Cost of Debt + Percentage of Equity in capital employed by the Division x Cost of equity = 50% x 6% + 50% x ( Risk free rate + Beta of each Division x Risk premium) = 3% + 50% x ( 4% + beta of each Division x Risk premium)

Risk premium for the 4 Divisions is equal to (Cost of equity for the whole firm - Risk free rate) / beta = 9%

Thus WACC for a division will be equal:  3% + 50% x ( 4% + beta of each Division x 9%).

Substitute beta of each Division from A to D provided in the question, we have: WACC for A: 9.05%; WACC for B: 9.5%; WACC for C: 12.2%; WACC for D: 12.65%.

7 0
3 years ago
"icrosoft announced a 2 for 1 stock split. Before the split they had 5.4b shares outstanding and par value was $0.0000125. Befor
aliina [53]

Answer: Balance before Split - $67,500

After Split No. of shares - 10.8 billion

After Split Par Value - $0.00000625

After Split Balance - $67,500

Explanation:

Microsoft had 5.4b shares outstanding and par value was $0.0000125.

Before the split the balance in the Common Stock account was:

We will multiply the no. Of shares outstanding by the par value.

= 5.4 billion * $0.0000125

= $67,500

After the split shares outstanding are (in billions):

The split was a 2 for 1 split meaning the shares doubled. That would mean,

= 5.4b * 2

= 10.8 billion shares outstanding

After the split par value is:

It was a 2 for 1 split. That would mean that prices had to have halved. Calculating therefore,

= $0.0000125/2

= $0.00000625

After the split the balance in Common Stock is

= 10.8 billion shares * $0.00000625

= $67,500

Balance remained the same showing that total equity remains the same. Only no of shares and price changes.

8 0
3 years ago
Read 2 more answers
What two possible reasons could cause the required return to differ from the coupon interest​ rate? ​(Select the best answer​ be
mixas84 [53]

Answer:

A. Cost of funds has changed

B. Firm's risk has changed

Explanation:

The required rate of return on bonds refers to an investor's expected rate of return which is based upon rate of return other investors earn in the market on similarly priced bonds. This is also referred to as yield to maturity i.e YTM.

Coupon rate of payment of bond is the interest payment on such bonds which is usually fixed at the time of issue of such bonds.

Required rate of return may differ on account of change in cost of funds to the issuer which is cost of debt denoted as K_{d} . Cost of debt is determined by tax rate and net proceeds from the issue of such bonds.

Required rate of return may also change on account of change in the firm's risk. If the firm assumes more risk, such risk would deter investors from investing in such bonds and in such scenario, the firm has to offer higher coupon rate than the rate prevailing in the market to attract the investors.

5 0
3 years ago
Sheffield Corp. produces three versions of baseball bats: wood, aluminum, and hard rubber. A condensed segmented income statemen
nekit [7.7K]

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Sales=$775000

Variable expenses= 523000

Contribution margin= 252000

Fixed expenses= 132000

Net income= $120000

Hard Rubber:

Sales=$65000

Variable expenses=58000

Contribution margin= 7000

Fixed expenses= 22000

Net income= -15000

New net income= 120,000 + 15,000 - 22,000= 113,000

6 0
3 years ago
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