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krek1111 [17]
3 years ago
12

Roger is the head of the insurance claims department. Roger works for longer hours than his subordinates, however, he is not pai

d overtime for working more than 40 hours per week. Under the FLSA, which statement justifies the organization's decision not to give Roger's overtime pay?
A) Roger is not a U.S. citizen.
B) Roger comes from an economically strong background.
C) Roger is unmarried.
D) Roger is considered as an exempt employee.
E) Roger has lower educational qualifications than his subordinates.
Business
1 answer:
zavuch27 [327]3 years ago
5 0

Answer: Option D. Roger is considered as an exempt employee is better justifies the organization's decision not to give Roger's overtime pay.

Explanation:

FLSA clearly states the facts of exemptions of paying overtime pay for certain employees. The exempted employees who have the position of the higher-level hierarchy will not have eligibility to get overtime allowance or pay. The Executive level Managers are compensated with high salary package. The nature of the Manager role is entitled to get more monetary benefits.

Roger plays a very vital role in the insurance claims department. In critical business periods, His working hours may be extended beyond a normal operational hour. FLSA restricts the HR department to pay for his extended work during peak time. So Roger can categorically be placed under the exemption of employees who are denied of paying overtime pay.    

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Which of the following is considered a low-risk investment?
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Certificates of deposit is considered a low-risk investment.

<h3><u>Explanation: </u></h3>

CD s or Certificates of Deposits are the accounts for making deposits and are offered by banks. These funds that you deposit in this account will be safer and it should be deposited for some specific time period. There will not be any uncertainty associated with this type of investments.

The interest rates will not be change based on any factors.But the advantage is that if you want to withdraw the invested amount before the maturity period there should be some penalties associated with that. So we can have several CD account to withdraw during the maturity dates.

6 0
3 years ago
Vernon is a cash basis taxpayer with a calendar tax year. On October 1, 2019, Vernon entered into a lease to rent a building for
ddd [48]

Answer:

$9,000

Explanation:

Calculation of the amount Vernon deduct for rent expense on his 2019 tax return will be :

Rent(lease)×Numbers of months used

Where:

Rent (lease)= 3,000

Numbers of months=3

Hence:

3,000×3=$9,000

Therefore the amount Vernon deduct for rent expense on his 2019 tax return is $9,000 which is 3000×3 month.

The 3 months is from 1st October to 31st December.

5 0
3 years ago
Which of the following transfer associate's degrees focuses on liberal arts and sciences
tia_tia [17]
Arts in teaching...........................................
7 0
4 years ago
In order for Hope Springs to effectively sell its bottled water, the company needs to be effective at ________, which is the pra
emmainna [20.7K]

Answer: Relationship selling

Explanation: In simple words, it refers to the strategy in which the seller focus on the communication and interaction between the buyer and seller rather than the product price and qualities.

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7 0
3 years ago
EA10.
antoniya [11.8K]

Answer:

The question is incomplete; the complete question is given below.

                        Selling Price per unit Variable  cost per unit

Product                                     $                                  $

Snowboards                           20.00                       170.00

Skis                                  400.00                          225.00

Poles                                      50.00                 20.00

Salvador's contribution margin is  46.2%

Explanation:

Contribution is the amount generated from the sales of a product to cover part of the total fixed cost.

Contribution is an important concept in decision making because it helps to determine the profitability of individual products where a set of products benefit from the same fixed cost. <em>it </em><em>helps in prioritizing the allocation of resources to different products based on their profitability</em> .

Contribution per unit = Selling price per unit- variable cost per unit

Total contribution= Contribution per unit * units sold

Contribution margin ration: The proportion of sales realised as contribution is known as contribution margin ratio (CMR) . It represents the amount generated as contribution from every one dollar worth of sales.  A 60% margin means that $60 is made as contribution from evry sales of $100, for example.

It is a calculated as follows:

Single-product scenario:

C.M.R= contribution per unit/ selling price per unit

Multiple-products scenario:

C.M.R= contribution from a mix / revenue from a mix

We shall use the multiple-products formula

                                         Snowboard                 ski             Poles     Total

                                                   $                             $                $

Selling price                              320                     400                50

variable cost                        <u>    (170)                      (225)              (20)</u>

Contribution per unit (SP-VC)   <u>150                           175                30</u>

Cont from a mix (cont× unit)   1050                       525                 60

Revenue from a mix (SP× unit) 2240                    1200               100

Contribution margin ratio= Cont. from a mix/ Rev from a mix

                                           = (1050+525+60)/(2240+1200+100)

                                           =(1635 /  3540) × 100

                                            = 46.2 %

8 0
3 years ago
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