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MAVERICK [17]
2 years ago
8

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

Business
1 answer:
dybincka [34]2 years ago
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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DSO and accounts receivable Ingraham Inc. currently has $205,000 in accounts receivable, and its days sales outstanding is 71 da
rusak2 [61]

Answer:

$49,084.51

Explanation:

days of sales outstanding (DSO) = accounts receivable / average daily sales

71 days = $205,000 / (total sales / 365 days)

total sales / 365 days = $205,000 / 71 days

total sales = ($205,000 / 71 days) x 365 days = $1,053,873.24

after the change, annual sales will decrease by 15%:

$1,053,873.24 x (1 - 15%) = $895,792.25

average sales per day = $895,792.25 / 365 = $2,454.23 per day

new DSO = accounts receivable / average sales per day

20 days = accounts receivable / $2,454.23 per day

accounts receivable = $2,454.23 per day x 20 days = $49,084.51

8 0
3 years ago
Harmony Company sells hand-knit scarves. Each scarf sells for $40. The company pays $60 to rent vending space for one day. The v
Nataly_w [17]

Answer:

B) 3 scarves

Explanation:

total fixed costs per day = $60 (rent)

selling price per scarf = $40

variable cost per scarf = $15

contribution margin = selling price per unit - variable cost per unit = $40 - $15 = $25

break even formula in units = total fixed costs / contribution margin = $60 / $25 = 2.4 units, since you can only sell complete units, the break even amount is 3 scarves.

8 0
3 years ago
_____ are dedicated to promoting human behaviors and industry decisions that are environmentally responsible.
ElenaW [278]
Green careers ...................
7 0
3 years ago
Read 2 more answers
A country with a very low per capita GDP can have a very high growth rate because mathematically, when the________ is________, e
lana66690 [7]

Answer:

Denominator

Lower

Numerator

Explanation:

The reason is that the statement is talking about the low per capita GDP which we can see in the picture attached with this answer.

We can see that if the denominator is lower which means that either population decreases or remains constant when the GDP has increased then the the growth in the per capita GDP will be higher because minute increases in the GDP will increase the answer with significant percentages.

4 0
3 years ago
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Between which two years was the greatest percentage decrease in gdp per
Alecsey [184]

the diffrence bewteen 2 and one it comes and goes like days

4 0
3 years ago
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