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1 year ago

Employees who record and are paid for the exact amount or time spent working are paid on

1 answer:

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Employees who record and are paid for the exact amount or time spent working are paid on hourly basis.

When an employee is paid on an hourly basis, they receive a variable salary because their pay is based on how many hours they put in at work. This means that these workers are paid solely in accordance with the number of hours they put in.

In contrast to hourly workers, salaried employees receive a set paycheck every pay period. Hourly workers receive a set wage for each hour they put in during the pay period, plus overtime if they put in more than 40 hours each week. Employees in sales and marketing often receive commissions as an additional source of income, while others earn a flat rate per sale.

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Benjamin jackson bought 100 shares of xyz two years ago at $10 per share. the stock paid a $0.50 dividend each year and he sold

GREYUIT [131]

Answer: 20%

Explanation:

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2 years ago

Page 81 3.2. What determines demand? Consider the market for caramel and butterscotch ice cream toppings. For each price change,

Sidana [21]

Answer:

The price of ice cream increases - The demand for caramel topping will decrease

The price of caramel topping decreases - The demand curve for caramel topping will remain the same.

The price of butterscotch topping increases - The demand for caramel topping will increase.

Explanation:

If the price of icecream increases , it would become expensive to make them. So producers would reduce quantity supplied of ice cream. As a result of the reduced supply, there would be less demand for caramel toppings.

Caramel and butterscotch toppings are subsituites. If the price of butterscotch toppings increase, the demand for caramel toppings would increase.

If the price of caramel toppings reduce, the quantity supplied would fall. This would lead to a movement along the demand curve and not a shift of the demand curve.

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3 years ago

If a store sells a good at the market price, even though the government authorities have set the minimum price that can be charg

Alexandra [31]

Answer:

The correct answer would be option D, Legal Market for a market price that is lower.

Explanation:

If there is a store which sells the goods at the market price even though the government authorities have set the minimum price that can be charged, it means store is selling the product at a price which is higher than the minimum price set by the government, but it doesn't mean that the store owner is doing any illegal trading. This is because the government has set the lower price limit but that ceiling price is non binding. It is not necessary for the market sellers to sell at the price given by government. So they are operating in a legal market for a market price that is lower.

4 0

3 years ago

Santa Corporation issued a bond on January 1 of this year with a face value of $1,000. The bond's coupon rate is 6 percent and i

Marianna [84]

Answer:

Santa Corporation

a. The bond's issue price = $901 (PV of all cash inflows).

b. The bond sold at a DISCOUNT. The discount was $99 (equal to total amortization).

c. Bonds payable at the end of:

Year 1 = $931

Year 2 = $964

Explanation:

a) Data and Calculations:

Face value of bond = $1,000

Coupon rate = 6%

Interest payment = Annually on December 31

Bond's maturity period = 3 years

Annual market rate of interest = 10%

N (# of periods) 3

I/Y (Interest per year) 10

PMT (Periodic Payment) 60

FV (Future Value) 1000

Results

PV = $900.53 = $901

Sum of all periodic payments $180.00

Total Interest $279.47

Schedule

Date Cash Paid Interest Expense Amortization Balance

January 1, Year 1 $901

December 31, Year 1 $60 $90 $30 931

December 31, Year 2 60 93 33 964

December 31, Year 3 60 96 36 1,000

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3 years ago

Which tool does the federal reserve use to control monetary policy through bank borrowing? discount rate money creation open-mar

Alina [70]

The federal reserve use open-market operations tool to control monetary policy through bank borrowing.

<h3>What are open-market operations?</h3>

Open market operations tend to imply the process in which the Fed buys and sells securities of the government in the financial market or to commercial banks.

Therefore, the money supply stabilizes when Fed sells securities that decrease the borrowing capacity of the banks. Similarly, when Fed purchases securities, the banks' borrowing capacity increases which increase the money supply.

Learn more about Federal reserves here:

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2 years ago