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vaieri [72.5K]
3 years ago
15

Employers are not bound by the flsa regarding employees classified as ________ employees.

Business
1 answer:
spayn [35]3 years ago
7 0
Hello!
.
The answer to your question is "exempt".
.
Employers are not bound by the FLSA regarding employees classified as exempt employees.
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Archway Architects, Inc., makes travel arrangements online and stores the confirming documents and receipts on its servers. Unde
Firlakuza [10]

Answer:

The correct answer is D that it is a record.

Explanation:

Record is the term which is described as keeping a track of the items which is necessary for the business by recording them and can be use a proof if something wrong happen in the business.

So, keeping the documents as well as the receipts on the servers, under the UETA, information which is inscribed, stored in any form is a record.

6 0
3 years ago
The following information is available for Moiz Company:________.
notsponge [240]

Answer and Explanation:

1. Interest Revenue $23,000  

 Sales Revenue $510,000  

              To Income Summary $533000

(Being closing of revenues accounts are closed)

2. Income Summary $453,000

  To Sales returns $20,000

      To Sales Discounts  $7,000

     To Cost Of goods sold $310,000

     To Freight out $2,000

      To Advertise Exp $15,000

      To Interest Exp  $19,000

      To Salaries & Wages $55,000

      To Utility  $18,000

      To Depreciation $7,000

(Being closing of expenses accounts are closed)

3. Income Summary $80,000

      To Retained Earning $80,000

(Being profit is recorded)

4. Retained Earning $30,000

        To Dividends  $30,000

(Being closing of dividend is recorded)

8 0
3 years ago
You pay $5,500 per year for insurance on your building. Fire damage caused $15,000 in repairs. The insurance company paid for th
ElenaW [278]

Based on the amount you pay now and the increase in insurance premiums, your annual insurance costs next year would be $6,325.

<h3>What is the next insurance cost next year?</h3>

The annual cost of insurance refers to the amount that is paid in premiums in a year.

That cost is currently $5,500 but will increase by 15%.

= Current insurance cost x ( 1 + rate of increase)

Solving gives:

= 5,500 x ( 1 + 15%)

= $6,325

Find out more on insurance cost at brainly.com/question/4953989.

6 0
2 years ago
A similarity between mortgages and auto loans is that both
belka [17]
A similarity between mortgages and auto loans is that both are less risky for lenders.
Lenders are the ones who lend money to those who need it urgently, in the form of a mortgage, or perhaps an auto loan. This money is going to be repaid monthly, or in whatever way the contract stipulates. It is less risky for the lender because legally, this has to be repaid.
8 0
3 years ago
Given the following information, determine the beta coefficient for Stock L that is consistent with equilibrium: = 9.25%; rRF =
Ainat [17]

Answer:

The beta coefficient for Stock L that is consistent with equilibrium

Explanation:

According to Capital Asset Pricing Model, the formula to compute expected rate of return is equals to

Expected rate of return = Risk free rate of return + Beta × (Market risk - risk free rate of return)

where,

rRF = risk free rate of return

rM = market risk

Stock L that is consistent with equilibrium is expected rate of return which equals to = 9.25%

So,

9.25% = 3.6% + Beta × (8.5% - 3.6%)

9.25% = 3.6% + 4.9% Beta

9.25% - 3.6% = 4.9% Beta

5.65% = 4.9% Beta

Beta = 5.65% ÷ 4.9% = 1.15

Hence, the beta coefficient for Stock L that is consistent with equilibrium is 1.15

8 0
3 years ago
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