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Lunna [17]
11 months ago
11

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

Business
1 answer:
jonny [76]11 months ago
6 0

Employees who record and are paid for the exact amount or time spent working are paid on <u><em>hourly basis</em></u>.

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.

To know more about Hourly workers and Hourly wage :

brainly.com/question/15800524?referrer=searchResults

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Surplus hope it helps since you did not put any choices ......
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True/ false any procedure that is used to make employee selection decisions is construed to be a test.
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Axl will be borrowing $300,000 today to buy a house, and he will pay it back with 20 yearly payments starting one year from toda
Natalija [7]

Answer:

$28,317.88.

Explanation:

The annual payment, PMT can be determined using a financial calculator as follows :

PV =  $300,000

N = 20

P/YR = 1

R = 7.00 %

FV = $0

PMT = ?

Using a financial calculator, the annual payment, PMT is $28,317.88.

4 0
2 years ago
Computer equipment (office equipment) purchased 6 1/2 years ago for $170,000, with an estimated life of 8 years and a residual v
Simora [160]

Answer:

depreciation expense 10,000 debit

      acc dep office equipment   10,000 credit

<u>If sold at 40,000 dollars </u>

acc dep office equipment 130,000 debit

cash                                     60,000 debit

   office equipment                170,000 credit

   gain at disposal                   20,000 credit

<u>If sold at 25,000 dollars </u>

acc dep office equipment 130,000 debit

cash                                     25,000 debit

loss at disposal                    15,000 credit

   office equipment                170,000 credit

Explanation:

depreciation expense using straight line method

(cost - salvage value) / useful life = depreciation expense

(170,000 - 10,000) / 8 = 20,000

half year depreciation: 20,000 x 1/2 = 10,000

book value:

170,000 - 6.5 year of depreciation

170,000 x 6.5 x 20,000 = 40,000

sales price: 60,000

gain = 20,000

if sold at 25,000 then:

25,000 - 40,000 0 -15,000 there will be a loss at disposal

4 0
3 years ago
The original value of a car is $15,000, and it depreciates (loses value) by 20% each year. What is the value of the car after th
Roman55 [17]
The value of car after three years is equal to the original price times the multiplier raised to a 3 (because of number of years). This is shown in the equation below,
                                         V = P x (1 - r)^3
Substituting the given values,
                                        V = ($15,000) x (1 - 0.2)^3
The value of the car after three years is equal to $7,680. The answer is letter D. 
7 0
3 years ago
Read 2 more answers
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