1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tema [17]
3 years ago
10

Jillian Diaz receives a regular salary of $1,500 a month and is entitled to overtime pay at the rate of one and one-half times t

he regular hourly rate for any time worked in excess of 40 hours per week. Diaz's overtime pay rate is
Business
1 answer:
kipiarov [429]3 years ago
6 0

Answer:

$14.06

Explanation:

overtime pay rate is the amount of per hour paid if a person works more than the standard hours. Overtime pay rate is more than the regular pay rate.

Total Number of Hours worked in a month = 40 x 4 weeks in a month = 160 hours

Total Pay = $1,500

Regular rate per hour = $1,500 / 160 = $9.375 per hour

Overtime rate = 9.375 x 1.5 = $14.06 per hour

You might be interested in
You are the Accounting Director for SpaceX based in New York. Your department is implementing new accounting software (called Fi
soldier1979 [14.2K]

Answer:

The change will impact all 300 locations. The letter should be written to entire staff of the SpaceX.

Explanation:

To: All Staff SpaceX Team

Subject: Change over details (First Launch)

As you all are already aware about the implementation of new software named First Launch . The software installation run will start from March 1, 2021 at 9:00 a.m. Every accountant receiving the new product will require to install the software within 48 hours. Failure to do will result in expiry of the password which will require resending the software. After installation all accountants must restart the computer.

This change will affect all 300 locations across the United States. The changeover will result in improved efficiency, increase in security and there will be more transparency.

If there is any concern or query regarding this change feel free to write the team implementing the change.

Regards,

Director Accounts.

8 0
3 years ago
A business may decide to pay employee salaries every week, every two weeks, twice a month, or once a month.
shtirl [24]

Answer:

True.

Explanation:

A business can choose to pay their employees a salary of 1. Weekly 2. Bi-weekly 3. Bi-monthly 4. Monthly. The longer the time for each paycheck, means that you will get payed more each paycheck but less frequently.

5 0
3 years ago
__________________ are ways that a nation can draw up regulations, inspections, and paperwork to make it more costly or difficul
Diano4ka-milaya [45]

Answer: Nontariff barriers

Explanation:

Nontariff barriers are trade barriers that are used whereby the import and export of goods and services are restricted. It should be noted that the restriction is not by tariffs but can include include embargoeds, quotas, sanctions, and levies.

The main reason for trade barriers are to generate revenue for the government and also to protect the local industries.

8 0
3 years ago
You purchased a share of stock for $53. One year later you received $3.00 as dividend and sold the share for $52. Your holding-p
GalinKa [24]

Answer:

the holding period return is 3.77%

Explanation:

The computation of the holding period return is shown below:

Holding period return is

= (Income + (Selling price - Purchase price)) ÷ Purchase price

= ($3 + ($52 - $53)) ÷ 53

= 3.77%

Hence, the holding period return is 3.77%

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

3 0
2 years ago
The Jackson-Timberlake Wardrobe Co. just paid a dividend of $2.15 per share on its stock. The dividends are expected to grow at
tekilochka [14]

Answer:

a)  

$34.4

b)

$37.20

c) $59.57

Explanation:

Given:

Dividend paid = $2.15

Growth rate = 4% = 0.04

Required return = 10.5% = 0.105

Now,

a) Present value = \frac{\textup{Dividend paid}\times\textup{(1 +growth rate)}^n}{\textup{(Required return-Growth rate)}}

for the current price n = 1

thus,

Current price = \frac{\textup{Dividend paid}\times\textup{(1+growth rate)}^n}{\textup{(Required return-Growth rate)}}

=  \frac{\textup{2.15}\times\textup{(1 +0.04)}^1}{\textup{(0.105-0.04)}}

=  $34.4

b) Price in 3 years

i.e n = 3

= \frac{\textup{Dividend paid}\times\textup{(1 +growth rate)}^n}{\textup{(Required return-Growth rate)}}

=  \frac{\textup{2.15}\times\textup{(1 +0.04)}^3}{\textup{(0.105-0.04)}}

=

$37.20

c) Price in 15 years

i.e n = 15

= \frac{\textup{Dividend paid}\times\textup{(1 +growth rate)}^n}{\textup{(Required return-Growth rate)}}

=  \frac{\textup{2.15}\times\textup{(1 +0.04)}^{15}}{\textup{(0.105-0.04)}}

=  $59.57

4 0
3 years ago
Other questions:
  • A company purchased some large machinery on a deferred payment plan. the contract calls for $40,000 down on january 1 and $40,00
    15·1 answer
  • Rachel's Designs has 1,800 shares of 6%, $50 par value cumulative preferred stock issued at the beginning of 2019. All remaining
    15·2 answers
  • Which best explains how the invention of money affected the barter system?
    5·2 answers
  • Paula's Perfumes has a target profit of $4,000 per month. Perfume sells for $15.00 per bottle and variable costs are $13.50 per
    9·1 answer
  • Are the costs of transforming direct materials into finished goods.
    13·1 answer
  • As real GDP falls: a. money demand rises, so the interest rate rises. b. money demand rises, so the interest rate falls c. money
    10·1 answer
  • Fruit Tech has $530,000.00 in total sales and $460,000.00 in operating expenses. What is the company’s profit?
    14·2 answers
  • In a market economy,
    6·1 answer
  • Please help im on a timer
    7·1 answer
  • g Distinguish between the total U.S. debt and the debt held by the public. Why is the debt as a percentage of GDP more relevant
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!