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MAVERICK [17]
2 years ago
7

Showery Drugs is a pharmaceutical company based in Detroit. Showery Drugs expects its employees to work long hours and achieve i

ncreased production rates. Employees earn one and a half times the usual hourly rate for working more than 40 hours in one week. Which law is Showery Drugs abiding by in this scenario?
A) laws governing equal employment opportunity
B) Fair Labor Standards Act (FLSA) of minimum wage
C) Fair Labor Standards Act (FLSA) of overtime
D) laws governing prevailing wages
E) product market laws
Business
2 answers:
omeli [17]2 years ago
8 0

Answer:

The correct answer is letter "C": Fair Labor Standards Act (FLSA) of overtime.

Explanation:

The Wage and Hour Division is an agency of the United States Department of Labor in charge of setting the standards for fair working conditions and compensations. When it comes to overtime, a company that requests employees to work more than 40 hours during a workweek must pay the excess of those hours at a rate of one and a half of the regular rate. Thus provision is established in the Fair Labor Standards Act (<em>FLSA</em>).

Leto [7]2 years ago
4 0

Answer:

C) Fair Labor Standards Act (FLSA) of overtime

Explanation:

According to the Fair Labor Standards Act (FLSA) of overtime, all hours over 40 in a work week must be paid as one and half times the regular rate of pay.

Showery Drugs is clearly applying this practice  when it rightfully pays its employees one and a half times the usual hourly rate for working more than 40 hours in one week.

The answer is C)

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Vika [28.1K]

Answer:

C) Profit growth

Explanation:

Since Blue Drinks' return on investment increased, that means that its net profit grew.

The return on investment is a measure of net profit, so when the return on investment increases so does net profit, when return on investment decreases net profit decreases.

5 0
2 years ago
ABC Inc. has a dividend yield equal to 3 percent and is expected to grow at a 7 percent rate for the next seven years. What is A
denis-greek [22]

Answer:

option (A) 10 percent

Explanation:

Data provided in the question:

Dividend yield = 3 percent

Expected growth rate = 7 percent

Therefore,

The ABC's required return will be

= Dividend yield + Expected growth rate

or

The ABC's required return = 3% + 7%

or

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Hence,

The ABC's required return is option (A) 10 percent

8 0
2 years ago
g An investor wants to be able to buy 4% more goods and services in the future in order to induce her to invest today. During th
Hitman42 [59]

Answer: a. I, II and III are true

Explanation:

From the question, the statements that are true are:

I. 4% is the desired real rate of interest. II. 6% is the approximate nominal rate of interest required.

III. 2% is the expected inflation rate over the period.

4% is the desired real rate of interest because that's the rate at which the investor is willing to buy the goods in future.

2% is the expected inflation rate over the period because at that rate, there's expectation of future rise in price while 6% is the approximate nominal rate of interest required which is the addition of the 4% and the 2%.

7 0
3 years ago
Who is a shareholder? A Shareholder is the partial owner of the company who purchases and owns _____ in a company.
e-lub [12.9K]

A Shareholder is the partial owner of the company who purchases and owns share of stocks in a company.

7 0
2 years ago
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Product Managers are expected to collaborate in planning the amount of upcoming Enabler work by establishing what?
Ann [662]

<u>Answer: </u>

Product Managers are expected to collaborate in planning the amount of upcoming Enabler work by establishing capacity allocation:

<u>Explanation: </u>

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7 0
3 years ago
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