Answer:
Damien Carranza
Gross pay = $1.494.17
Explanation:
a) Data and Calculations:
Base annual salary = $31,750
Weekly base hours = 40 hours
We assume that there are 52 weeks in a calendar year.
Hourly rate = $31,750/(52 weeks * 40 hours) = $15.26442 per hour
Overtime worked = 4 hours
Overtime rate = 4 * $31,750/2,080 * 1.5 = $91.59
Weekly base pay = 40 * $31,750/2,080 = 610.58
Commission = $26,400 * 3% = 792.00
Gross pay = $1,494.17
b) Since Damien is a non-exempt employee, he is entitled to earn the federal minimum wage and qualify for overtime pay. This is calculated as one-and-a-half times his hourly rate, for every hour worked above and beyond the standard 40-hour workweek. The gross pay is Damien's total earnings throughout the week before deductions for mandated taxes, health insurance, retirement, and Medicare contributions are made.
Group of answer choices.
A. German tourists traveling abroad.
B. American tourists traveling in France.
C. Canadian firms selling in Germany.
D. Canadian investors with money investments in Germany.
Answer:
B. American tourists traveling in France.
Explanation:
A foreign exchange market can be defined as a type of market where the currency of a country is converted to that of another country.
For example, the conversion of the United States of America dollars into naira, rands, yen, pounds, euros, etc., at the foreign exchange market.
In this context, a stronger euro is less favorable for American tourists traveling in France because the currency of the Americans, which is the U.S dollars would exchange at a far lesser rate to the euros.
However, a stronger euro would be more favorable for German tourists that are traveling abroad, Canadian firms that trade or sells its products in Germany, and Canadian investors who are having money investments in Germany.
Note: Euro is the official currency (legal tender or money) of Germany.
Answer:
B) networking
Explanation:
Networking involves the sharing of information and ideas among people in a social group, or social set up. Networking happens in informal groups formed by people who share common interests and ambitions. Professional use networking to expand their circles of friends, acquaintances, and potential business partners.
Business people join or create networking groups to develop relationships with other business-minded people. By joining the local chamber of commerce, Galena will interact and socialize with other businesswomen. She will make friends and get a platform to engage with other professionals in her field.
Answer:
Net operating income is $300
Explanation:
We know that,
The net operating income = Sales - variable cost - fixed expenses
And, the contribution margin = Sales - variable cost
So, contribution margin - fixed expenses = Net operating income
Since we have to compute the net operating income for 3,500 units So, first we have to compute the contribution margin per unit which is shown below:
= Contribution margin ÷ number of units
= $48,000 ÷ 4,000 units
= $12
Now for 3,500 units, the contribution margin would be
= 3,500 units × $12
= $42,000
So, the net operating income would be
= $42,000 - $41,700
= $300
The fixed expenses would not be changes. It remains constant
