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Levart [38]
2 years ago
12

Olivia johnson is an exempt employee and earns $125,000 per year. if olivia was paid on a biweekly basis, what would her gross p

ay be?
Business
2 answers:
Lelechka [254]2 years ago
6 0

Olivia Johnson makes $125,000 a year as an exempt employee. if Olivia was paid on a biweekly basis her gross pay would be $ 5208.33.

<h3>What do you mean by Gross pay?</h3>

Before any deductions are done, a person's gross pay is their total earnings for a specific time period. Deductions such as mandated taxes and Medicare contributions, as well as deductions for company health insurance or retirement funds, are not taken into account when calculating gross pay. The gross pay definition differs from the net pay definition in that it does not include an individual's take-home pay.

The formula to calculate gross pay is mentioned below:

Net pay plus taxes and deductions equal gross pay.

To know more about Gross Pay, visit:

<u>brainly.com/question/14690804</u>

#SPJ4

makkiz [27]2 years ago
4 0

Olivia Johnson is an exempt employee and earns $125,000 per year. If Olivia was paid on a biweekly basis, he would her gross pay ---

Earning =$125,000

paid biweekly basis:

                = 125000/26

                = 4,807.69

What is the meaning of gross pay?

Gross pay is what employees earn before taxes, benefits and other payroll deductions are withheld from their wages. The amount remaining after all withholdings are accounted for is net pay or take-home pay.

How do I calculate my gross pay?

For hourly employees, gross wages can be calculated by multiplying the number of hours worked by the employee's hourly wage. For example, an employee that works part-time at 25 hours per week and receives a wage of $12 per hour would have a gross weekly pay of $300 (25x12=300).

Learn more about Gross pay:

brainly.com/question/13793671

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The guiding imperative in capitalist economies is:________
vlabodo [156]

The guiding imperative in capitalist economies is profit. So the correct answer is (c).

A social science called economies examines how products and services are produced, distribute, and consumed as well as how people, corporations, governments, and entire countries decide how to distribute their resources. An economist analyzes the connection between a society's resources and its output, and their insights are used to influence economies policies concerning interest rates, tax laws, employment rules, global trade agreements, and company strategy. To spot prospective trends or predict the future of the economy, economists use economies indicators like the GDP and the consumer price index.

Therefore correct option is (c).

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7 0
2 years ago
Which of the following is a noncash investing and financing activity?
mrs_skeptik [129]

Answer:

Issuance of common stock to acquire land is a non-cash investing and financial activity.

Explanation:

Payment of note payable, payment of cash dividend and purchase of inventory on account all involve cash transactions.  

Here, the issuance of common stock is a financial activity. Acquiring land can be categorized as an investing activity. To acquire land common stock is issued, cash is not involved.  

So, the issuance of common stock to acquire land is non-cash investing and financial activity.

8 0
3 years ago
Which type of evidence serves to substantiate the distinct set of elements whose commission or omission must be demonstrated to
monitta
<span><span>If these were the missing choices:
A)Crime scene documentation.
</span><span>B)Associative evidence.
</span><span>C)The rule of detail.
</span><span>D)<span>Corpus delicti evidence.
</span></span></span><span>
My answer is D. Corpus delicti evidence.

Corpus delicti evidence
is the type of evidence that serves to substantiate the </span><span>set of elements whose omission or commission must be demonstrated to have occurred in order to prove a criminal offense.

Corpus delicti is in Latin. It refers to the body of an offense. One can't be convicted of a crime is there is no physical evidence of a crime. 
</span>
6 0
3 years ago
Demand for plumbing services for the last 3 years, from furthest past to most recent, was $44 million, $42 million, and $38 mill
Yanka [14]
Downward sloping because demand is declining
7 0
3 years ago
A company borrows $50,000 by signing a $50,000, 8% note that requires six equal payments of (round to the nearest dollar) at the
elixir [45]

Answer:

An information is missing on this question but I found the complete details as shown below;

"A company borrows $50,000 by signing a $50,000, 8% note that requires six equal payments of

<em>10816</em> (round to the nearest dollar) at the end of each year. (The present value of an annuity of six

annual payments, discounted at 8% equals 4.6229.) "

Explanation:

An annuity payment is made in equal amounts for a specified period of time in this case 6 years.

Since the equal payments are made annually and you are given the Present value of the annuity as $50,000 & discount factor of 4.6229, divide the PV by the discount factor. The value of equal payments should be equivalent to the $<em>10816 ;</em>

<em>=50,000 / </em>4.6229

= 10815.7217

Next, round the answer to the nearest dollar;

When rounded to the nearest whole number it becomes $10,816.

<em />

8 0
3 years ago
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