According to the historical and information record, the <u>Fair Labor Standards Act of 1938</u> established a minimum wage and overtime pay for employees working more than 40 hours a week.
<u>Fair Labor Standards Act of 1938</u> was made to improve the working conditions of employees and also protect their rights against exploring employers.
The <u>Fair Labor Standards Act of 1938</u> established standards on minimum wage, working hours, and oppressive child labor.
Hence, in this case, it is concluded that the correct answer is the "<u>Fair Labor Standards Act of 1938."</u>
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Answer:
Explanation:
Debit Accounts Receivable and credit Sales Revenue for $620;
DEBIT: Cost of Goods Sold CREDIT: Inventory for $500
Answer:
weighted average time until cash flow payment.
Explanation:
Duration is simply known as a market value based model. It was set up so as to be able to manage interest rate risk. It is also defined as the effective measure of the interest rate risk of an asset.
Duration is commonly known as the weighted average time to maturity of a loan (fixed-income instrument) using the relative PV's of the CF's as weights. It is used commonly in bond investment and analysis application. it can be applied to individual fixed income instruments, a liability, or an entire portfolio.
features of duration includes: duration and maturity, duration & yield and duration & coupon.
Answer:
a) MRP = $450
MRC = $300
b) MRP = $450
MRC = $600
No
Explanation:
a) Marginal revenue product (MRP) is the change in revenue created due to an increase in resources.
MRP = Revenue change / additional input
The revenue change as a result of adding one vehicle= 1500 packages/day * $0.3 = $450. The additional input is 1 vehicle
MRP = Revenue change / additional input = $450 / 1 = $450
Marginal revenue cost (MRC) is the change in cost as a result of additional resource.
MRC = Change in resource cost / additional input
Since adding a vehicle is rented at $300/day, the Change in resource cost is $300.
MRC = $300 / 1 = $300
b) MRP = Revenue change / additional input = $450 / 1 = $450
MRC = Change in resource cost / additional input = $600 / 1 = $600
The firm should not add a delivery vehicle because the MRC exceeds the MRP, therefore the firm would be at a loss
Answer:B. Data Flow Process Model.
Explanation:Use case is a term in Computer software and systems engineering to describe the actions and steps taken between the role which is also known as an actor and the system,it was first introduced by Ivar Jacobson to the world in the year 1992.
Use case is very important and valuable tool in requirement analysis technique and it has been extensively utilized in modern approaches to software engineering.
