A company pays its employees $4,000 each Friday, which amounts to $800 per day for the five-day workweek that begins on Monday.

Question

3 years ago

9

A company pays its employees $4,000 each Friday, which amounts to $800 per day for the five-day workweek that begins on Monday.

If the monthly accounting period ends on Thursday and the employees worked through Thursday, the amount of salaries earned but unpaid at the end of the accounting period is:

Business

1 answer:

Sever21 [200] · Answer 1 · 2022-07-16T17:55:03+03:00

Sever21 [200]3 years ago

8 0

I would say $800 since the unpaid amount is for the whole month and weekly they are paid on Friday so they would only be out the one day or the $800. In other words, for a month or if that is 4 weeks exactly they would get paid 4 x 4000=16000-800 = $15,200 on the Thursday.