The answer for this question is: $126,749 per violation
The ground for this huge amount is by wilful violate the rules, the employer basically putting his/her employee's life in danger on purpose, so the punishment for this should be a lot higher.
This amount is exactly ten times the amount of penalty imposed to the employer who commits willful violation ($ 12,675)
Answer:
DR Warranty Payable $1.9m; CR Cash $1.9m.
Explanation:
When a company creates a payable it is obligated to pay a certain amount within a particular period.
In this case Google provides a 1 year warranty on its cell phones, so any claims that will attract repair or replacement is a payable obligation.
In the year 2019 they actually paid $1.9 million for repairs and replacements.
So the journal entry to be passed is DR Warranty Payable $1.9m; CR Cash $1.9m.
Answer:
Increase in premium
Decrease in the risk premium
Explanation:
Premium can be defined as the rewards earned by investors who has decided to engage in new businesses in a risk free state while risk premium is defined as the excess reward earned above the free risk rate that is expected to earn in the course of investment.In order word , it is a form of compensation for the risk undertaken .
As economy starts expanding , one of the consequences is that the premium will increase while the development reduces related risks and risk premium reduces.
<span>The federal funds rate is the interest rate charged when</span> one bank lends reserves to another bank
