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Diano4ka-milaya [45]
3 years ago
6

John is the head of the insurance claims department. John works for longer hours than his subordinates. However, John is not pai

d overtime for working more than 40 hours per week. Under the FLSA, which of the following will justify the organization's decision not to give John overtime pay?
A. John is not a U.S. citizen.
B. John comes from an economically strong background.
C. John is unmarried.
D.John is considered as an exempt employee.
E. John has lower educational qualifications than his subordinates.
Business
1 answer:
ZanzabumX [31]3 years ago
7 0

Answer:

The correct answer is D.John is considered as an exempt employee.

Explanation:

Some employees are exempt from overtime pay provisions, even when they are covered by other FLSA provisions. Although the actual determination of the exempt and non-exempt status is complex, exempt employees usually meet three tests: payments greater than US $ 455 per week, receive a salary instead of an hourly rate and perform a job in an exempt category listed by the US Department of Labor. Exempt categories include supervisors, managers, professional services and some administrative jobs.

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3. What's the biggest mistake people make when they're looking for an apartment to rent?
maksim [4K]

They dont ask questions about the apartment and its history or whether its close to there job or work place

5 0
3 years ago
King Noodles' bonds have a 7.5% coupon rate. Interest is paid quarterly and the bonds mature in 8 years. If the discount rate is
natima [27]

Answer:

The price of King Noodles' bonds is $970.66

Explanation:

Coupon payment = 1000 x 7.5% = $75 per year = 75/4 = 18.75 per quarter

Number of periods = n = 8 years x 4 quarter each year = 32 quarter

Yield to maturity = 8% per year = 8% / 4 = 2% per quarter

Price of bond is the present value of future cash flows, to calculate Price of the bond use following formula:

Price of the Bond = $18.75 x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Price of the Bond =$18.75 x [ ( 1 - ( 1 + 2% )^-32 ) / 2% ] + [ $1,000 / ( 1 + 2% )^32 ]

Price of the Bond = $18.75 x [ ( 1 - ( 1.02 )^-32 ) / 0.02 ] + [ $1,000 / ( 1.02 )^32 ]

Price of the Bond = $440.03 + $530.63

Price of the Bond = $970.66

3 0
3 years ago
Explain how to use informal assessment to effectively prepare for an examination​
Alchen [17]

Answer:

we can practice by using informal assessment to effectively prepared for a exam in the following ways ,when writing a informal assessment we can see where we went wrong and how to correct it ,we ask for help with understanding the informal assessment so when it comes to the examination we know and understand and ace that paper with better results

Explanation:

6 0
3 years ago
Sam has decided to buy a burger and fries at a​ restaurant, but he is considering whether to buy a drink as well. Suppose the pr
Alex Ar [27]

Answer:

$.49

Explanation:

In this question we have given

Cost of one burger=$3

Cost of fries=$1.5

Cost of drink=$2

Cost of value meal=$4.99

Therefore, marginal price of drink=cost of value meal-cost of fries and burger

=4.99-3-1.5

=$.49

4 0
3 years ago
Hoogle has the beta of 1.95 which you calculated by running a regression. The annual T-bill rate is currently at 2.5%. Your proj
Rudik [331]

Answer:

The required rate of return on this equity is 16.15 percent

Explanation:

Using the capital asset pricing model (CAPM) the required rate of return on an asset can be calculated. The equation for the required rate of return under this model is,

r = rRF + β * (rpM)

Where,

  • rRF is the riskfree or tbill rate
  • β is the stock's beta
  • rpM is the market risk premium

Thus for Hoogle, the required rate of return is:

r = 2.5% + 1.95 * 7%  = 16.15

5 0
3 years ago
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