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3 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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Bridgeport Corp. has these accounts at December 31: Common Stock, $10 par, 4,800 shares issued, $48,000; Paid-in Capital in Exce

lozanna [386]

Answer:

Total stockholders' equity is $ 100,140

Explanation:

The stockholders' equity section of the balance sheet comprises of the common stock total par value ,the paid-in capital in excess of par value,plus the retained earnings minus the value of treasury stock

Stockholders' equity section of Bridgeport Corp. balance sheet

Common stock,$10 par value,4,800 shares issued $48,000

paid-in capital in excess of par $18,300

total paid share capital $ 66,300

retained earnings $ 43,300

total paid share capital and retained earnings $ 109,600

treasury stock ( $9,460)

Total stockholders' equity $ 100,140

3 0

3 years ago

Read 2 more answers

A project organization structure where team members report to a functional manager as well as to the project manager is called A

Dafna11 [192]

Answer:

A. a matrix structure.

Explanation:

A matrix organizational structure is a type work structure where reporting relationships between employees are set up as a matrix rather than the conventional hierarchy approach. This simply means, there are two (2) chains of command; employees have dual reporting relationships to both a project and functional manager.

The matrix organizational structure can be classified into three (3) categories, these are;

1. Weak matrix structure.

2. Balanced matrix structure.

3. Strong matrix structure.

In project management, a strong matrix is also known as the project matrix and it basically refers to a matrix project that is significantly similar or having close resemblance with the pure project. In the strong matrix structure, the project manager controls most of the project activities and functions, including the assignment and control of project resources.

This ultimately implies that the project manager primarily holds a full-time role and has a sole authority, and as such control the budget. The role of the functional manager is usually minimal.

Hence, a project organization structure where team members report to a functional manager as well as to the project manager is called a matrix structure.

8 0

3 years ago

Hobson Company bought the securities listed below during 2020. These securities were classified as trading securities. In its De

Wewaii [24]

Answer:

$50,800

Explanation:

Security Cost Fair value Gain(loss)

X 371,000 343,500 -27,500

Y 185,000 162,400 -22,600

Z <u>424,000</u> <u>407,800</u> <u>-16,200 </u>

Total <u>980,000</u> <u>913,700</u> <u>-66,300</u>

Unrealized holding loss on Income statement ended June 30,2021 = $66,300 - $15,500 = $50,800

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3 years ago

Suppose Stuart Company has the following results related to cash flows for 2021: Net Income of $5,600,000 Increase in Accounts P

seropon [69]

1. The statement of cash flows of Stuart Company for the year ended December 31, 2021, is as follows:

Stuart Company

<h3>Statement of Cash Flows</h3>

For the year ended December 31, 2021, $'000

Net Income $5,600

Depreciation 1,900

Other Adjustments (800)

Increase in Accounts Payable 600

Decrease in Accounts Receivable 900

Increase in Inventory (200)

Net Cash Flow from Operating Activities $8,000

2. The Net Cash Flow from Operating Activities for Stuart Company for 2021 is <u>$8 million</u>.

<h3>What are operating activities' cash flows?</h3>

The cash flows from the operating activities section affect revenues and expenses.

They indicate the cash flows that originate from the regular business activities of the entity.

To prepare the statement of cash flows, the first items to adjust the net income are the non-cash expenses and losses and revenues and gains.

Learn more about the operating activities section at brainly.com/question/25530656

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8 0

2 years ago

we can use different parts of alandscape to represent different stages of its evolution this strategy is called trading location

LuckyWell [14K]

We can use different parts of a landscape to represent different stages of its evolution this strategy is called trading location for <u>time</u>

<u></u>

<h3>Definition of evolution</h3>

The term "evolution" is one that most of us first hear in a science class, although the idea has application in a variety of fields, including biology, technology, and behavior.

When we discuss business evolution, we're talking about adapting to market dynamics, client demand, and evolving technologies to assure relevance and advancement.

According to Paul Salnikow, who makes this argument, "We have seen the rise of shifts in business habits, with global travel, The emergence of the internet, and really global communication. People now view marketplaces on a regional or even global level rather than as a country or city, and in order to reach their markets, they relocate.

Learn more about evolution

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3 0

2 years ago