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2 years ago

In order to qualify for the "white-collar" exemption as outside salespeople, the employees must be

1 answer:

7 0

FALSE.

The minimum salary of at least $455/week does not apply for the outside salespeople. There is no salary basis or compensation for outside salespeople to qualify for the "white-collar" exemption.

They only need to meet these requirements:
1) their primary duty is to make sales or obtain orders or contracts for services or contracts for the use of the facilities that clients or customers pay.
2) in performing their primary duty, the salesperson is regularly engaged away from the employer's place of business.

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Suppose First National Bank holds $100 million in assets with an average duration of 3 years, and it holds $90 million in lia

Nitella [24]

Answer:

% change decrease is = 1.2 %

Explanation:

given data

assets = $100 million

average duration = 3 years

liabilities = $90 million

average duration = 3 years

interest rates= 4% increase

to find out

percentage decrease in First National Bank's net worth relative to the total original asset value

solution

change in assets value is

change in assets value = $100 million × 4% × 3 year = $1200 million

change in liability value is

change in assets value = $90 million × 4% × 3 year = $1080 million

change in net worth = $1200 - $1080 = $120 million

so % change is = $\frac{120}{100}$

% change decrease is = 1.2 %

3 0

3 years ago

Whatever the quality improvement approach, what key concept(s) is/are common between each approach?

Ber [7]

The common key concepts that are common to the quality improvement approach are the following;

- Usage of QI tools, this is used for mapping, analyzing and collecting data.

- Outcomes and measuring are also used.

- Lastly, application of statistical process control

5 0

3 years ago

Outose Concept manufactures small tables in its Processing Department. Direct materials are added at the initiation of the produ

True [87]

Answer:

C) $25,177

Explanation:

Spoiled units = (22,300 units + 76,400) - (72,900 units + 19,000)

=$98,700units -$91,900 units

= 6800 units

Normal spoilage = 5% × 72,900 units

= 3,645 spoiled units

Abnormal spoilage = 6800 units - 3645 units

= 3,155 units

Direct Materials ,Conversion Costs

WIP, beginning inventory$156,000$77,200

Costs added

during period 224,400 299,000

Total cost to account for 380,400 376,200

Divide by equivalent units*98,700 91,100

Equivalent-unit costs $3.85 $4.13

Equivalent unit

Direct Materials: 22,300 + 76,400 = 98,700 units

Conversion Costs: 72,900 + (19,000 x 60%) + 6800 = 91,100 units

Total cost per equivalent unit = $3.85 + $4.13 = $7.98

3155 units × $7.98 = $25,177

Therefore the cost allocated to abnormal spoilage using the weighted-average process-costing method will be $25,177

4 0

2 years ago

sheldon goes to the grocery store to buy a few items, and when he gets there he can remember only the last few things that he w

jenyasd209 [6]

The answer is recency effect. The recency effect happens when you only remember the things or events that just happened in a recent time.In this case, Sheldon is showing the recency effect because he only remembered the last part of the list that he was going to buy. If Sheldon had remembered the first part, then he is experiencing the Primary effect, which is the opposite of recency effect

5 0

2 years ago

Read 2 more answers

Mary, a real estate agent, buys for herself a property that her principal, Karen, wanted to buy. If Mary is aware that Karen wan

irakobra [83]

Answer: C. grant Mary the legal rights for the property.

Explanation:

Agents are not to use the knowledge that their principal paid them to acquire or that they acquired for the use of their principal for themselves.

If Mary bought a property knowing that Karen wanted to buy that property, the Court will award the title to Karen because Mary has violated her duty not to use knowledge of information intended for her principal for her own benefit.

6 0

2 years ago