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miskamm [114]
3 years ago
14

Hank earns $ 23.50 per hour with time-and-a-half for hours in excess of 40 per week. He worked 43 hours at his job during the fi

rst week of March 2018. Hank pays income taxes at 15​% and 7.65​% for OASDI and Medicare. All of his income is taxable under FICA. Determine​ Hank's net pay for the week.​ (Do not round any intermediate​ calculations, and round your final answer to the nearest​ cent.)
Business
1 answer:
Serga [27]3 years ago
4 0

Answer:

$746.77

Explanation:

Calculation to Determine​ Hank's net pay for the week

Gross Pay $1320.00

Straight Time Pay 940.00

(40 × $23.50.)

Overtime pay 105.75

[ (43-40)× $23.50 ×1.5)]

Less Federal Income tax (198.00)

(15% × $1320.00)

Less OASDI and Medicare (100.98)

(7.65% × $1320.00)

Net Pay $746.77

Therefore Hank's net pay for the week will be $746.77

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A convertible preferred stock is convertible at $10, pays a 4% annual dividend, is callable at $110, and is trading at a current
Leno4ka [110]

Answer:

$11.60

Explanation:

In ascertaining the parity price of the common stock, we need to ascertain the conversion ratio which is the par price of the preferred stock divided by the convertible price

The par value of the preferred stock=$100(since call price is $110)

convertible price=$10

conversion ratio=$100/$10=10

The parity price is the current market price of the preferred stock divided by the conversion ratio

Parity price=$116/10

Parity price=$11.60

4 0
2 years ago
Leonore's Luxury Leather Footwear Corp. conducted a SWOT analysis and determined that at least 57% of consumers would demand hig
arlik [135]

Option C

This vision of what could happen is known as a forecast

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

Forecasting and analysis SWOT are promoting accomplices in the business venture. SWOT recognizes the procedures practiced for designing a particular business model according to the company’s possible means and skills, including the circumstances in which the company serves.

It observes positive and negative circumstances both inside and outside the firm, that influence its success. The analysis benefits the company forecast or prognosticates varying trends that help the decision-making process of any business. Precise forecasting reduces risk and provides a measurable improvement in the efficiency of the decisions.

6 0
3 years ago
How do life expectancy at birth and political freedom change the relative ranking of living standards that real GDP per person​
irina [24]

Answer:

Answer is A.

Explanation:

they don't change

8 0
2 years ago
The sale of turkeys in the United States is highest in mid- to late November, as people buy turkeys to serve at Thanksgiving. Gr
Vilka [71]

Answer:

Occasion

Explanation:

Segmenting: It is a marketing technique of dividing the marketplace into different segment to implement any marketing plan or introducing new product. These segments should be defined, accessible, actionable and profitable.

There are four type of market segmentation:

  • Demographic
  • Pshychographic.
  • Behavioral.
  • Geographic.

Occasion segmentation is one of the way of behavioral segmentation as few market are segmented on the basis of specific occasion and product need to be introduced as per the need of the occassion as it uses customer buying behavior on the particular occasion. Similarly, in the case given the sale of turkey in US increases on the eve of Thanksgiving.

8 0
3 years ago
A worker sets up to begin a painting job. He lays down a drop cloth and makes sure that the floor is even so that the ladder is
rodikova [14]

Answer:

You should never use the top of a ladder as a step. The employer should correct the worker’s behavior and ensure he knows the proper way to use a ladder.

Explanation:

He is standing at the top. He is not suppose to and OSHA does not approve this.

7 0
3 years ago
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