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3 years ago

What is the typical rate of overtime pay?

2 answers:

6 0

Overtime pay is the amount overtime paid to each employee in a pay period.
How its calculated: Hourly pay rate x 1.5 x overtime hours worked.

Arada [10]3 years ago

4 0

Which category would the combination of employee benefits and payments fall under?

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FinCorp’s free cash flow to the firm is reported as $205 million. The firm’s interest expense is $22 million. Assume the tax rat

Monica [59]

Answer:

$2,152.22

Explanation:

Given that,

FinCorp’s free cash flow (FCFF) = $205 million

Firm’s interest expense, i = $22 million

Tax rate, t = 35%

Growth rate, g = 3%

Cost of equity, e = 12%

Net debt of the firm increases by $3 million

Interest expense (Net of tax) = -i × (1 - t)

= -$22 × (1 - 35%)

= -$22 × 0.65

= -$14.3

FCFE = FCFF + Debt + Interest expense (Net of tax)

= $205 million + $3 - $14.3

= $193.7

Therefore,

Market value of equity = FCFE ÷ (e - g)

= $193.7 ÷ (0.12 - 0.03)

= $2,152.22

3 0

4 years ago

As of January 1 of the current year, the Joyner Company had accounts receivables of $50,000. The sales for January, February, an

liq [111]

Answer:

Total cash collections in February are $133600

Explanation:

The collections in the month of February will include 20% of sales made in February in account for cash sales.

Cash sales = 140000 * 0.2 = $28000

Thus, Credit sales for February are = 140000 - 28000 = $112000

Out of these credit sales made in February, 60% will be collected in February. Thus, credit sales made in February that will be collected in February are,

February collections from February credit sales = 112000 * 0.6 = $67200

Total cash collections in February from February sales = 67200 + 28000

Total cash collections in February from February sales = $95200

In addition, out of the credit sales made in January, 40% will be collected in February.

Collection from January sales in February = 120000 * 0.8 * 0.4 = $38400

Total collections in February = 38400 + 95200 = $133600

7 0

3 years ago

If a family spends its entire budget in a given time frame, the family can afford either 15 movie nights or 8 restaurant meals.

enot [183]

Answer:

The correct answer is 0.533 restaurant meals.

Explanation:

The two goods consumed by the family mentioned here are movie nights and restaurant meals.

The family can afford either 15 movie nights or 8 restaurant meals out of their total budget.

The opportunity cost of 15 movie nights = 8 restaurant meals

The opportunity cost of 1 movie night

= $\frac{8}{15}$

= 0.533 restaurant meals

3 0

4 years ago

Shane has been using Google to search the internet for sports equipment. The next time he logs onto the web, he notices an ad fr

Musya8 [376]

Answer:

D. Behavioral targeting

Explanation:

Behavioral targeting is an online marketing strategy in which information about an individual search history is collected and analyzed in the aim of selecting relevant information to display for that particular individual. In situations like this, advertisers and marketers uses behavioral information like things they are interested in, what they do and so on rather than just using demographic parameters in advertising. The form of advertising shown in the question is behavioural targeting.

7 0

3 years ago

The cumulative average labor hours to assemble the first five units of product A were 15.882 hours. If the learning curve, based

velikii [3]

Answer:

Estimated time required to assemble the 20th unit= 8.836 hours

Explanation:

The learning curve theory states that as the cumulative output doubles the cumulative average time taken till date is reduced to a certain percentage of the previous time. This percentage is called learning rate; and is given as 85% in this question.

The cumulative average time is determined using the formula below:

Y= aX^b

a - time taken for the first unit produced

b = log LR/Log 2

X- cumulative units till date

Y - cumulative average time taken for X units

LR- Learning rate

<em>So we can apply this formula to our question</em>

b = Log 0.85%/Log 2 = -0.23446

15.882 = a * 5^(-0.23446)

15.882 = a * 0.685671

a =15.882/0.685671

a =23.16271007

Time taken for the first unit =23.16 hours

Estimated time taken to assemble 20th units:

= Total time for 20units -Total time for 19units

= (23.16×(20^-0.23446)×20) - (23.16×(19^-0.23446)×19)

= 229.4949 -229.4949

= 8.836 hours

Note: total time = Cumulative average time × Cumulative number of units

Estimated time required to assemble the 20th unit= 8.836 hours

6 0

3 years ago