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
ANTONII [103]
3 years ago
10

Ana runs a small jewelry-making business from her home. She has no full-time employees, but she does pay her son (age 15) to hel

p package and ship products. Over the holidays, Ana and her son put in many hours to meet rush orders. In fact, over the holiday break, her son logged about 60 hours of work. Typically, Ana pays her son $5 per hour. Which of the following is true in relation to this case?Question options:1) Because he worked extra hours, he can demand overtime pay based on the Fair Labor Standards Act.2) Because he worked extra hours, he can demand an increase in pay to the national minimum wage level.3) Because he is employed by his family, he is not entitled to extra pay or overtime pay.4) Because he worked extra hours, he can demand both overtime pay and an increase in pay to the minimum wage level
Business
1 answer:
RoseWind [281]3 years ago
7 0

Answer:

"1"

Explanation:

Fair labor standard acts is a business law implemented to immune workers from unfavorable work practices and regulations.

It covers the area of minimum wages , overtime payment and child labor.

As the standard work hours is 40hours , any clocked time in excess of 40 hours must be paid overtime at premium of 1.5 rate of the normal rate.This means that Ana's son should be paid overtime at a minimum rate of $7.5 for the extra 20hrs he worked.

The exception to the minimum age requirements under the child labor acts allows parents to employ their child of any age covers   Ana's employment of his child in his business

You might be interested in
Giselle wants to buy a condo that has a purchase price of $163,000. Giselle earns $2,986 a month and wants to spend no more than
galina1969 [7]

Answer:

<u>Giselle should purchase points</u> to lower the interest rate of the mortage, this will make the cuota decrease.

Explanation:

163000 x20% = 32,600

163,000 - 32,600 = 130,040

current mortgage cuota:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C \times \frac{1-(1+0.0625/12)^{-30*12} }{0.0625/12} = 130,040\\

C= 800.68

800.68/ 2,986 = 0.2681 = 26.81%

this cuota exeeds the desired amount Giselle wants.

her couta can be as much as 2,986 x 25% = 746.5

<u>Giselle should purchase points</u> to lower the interest rate of the mortage, this will make the cuota decrease.

3 0
3 years ago
The Two Sisters has a return on assets of 9 percent and a dividend payout ratio of 75 percent. What is the internal growth rate
Anettt [7]

The internal growth rate of a firm is best described as the: A. minimum growth rate achievable assuming a 100 percent retention ratio. B. minimum. The tax rate and the dividend payout ratio will be held constant. Current and. The Two Sisters has a 9 percent return on assets and a 75 percent retention ratio.

hope this helps.

7 0
3 years ago
A problem with creating team incentive plans is that:
Leni [432]

Answer:

The answer is (B) not all teams are created alike.

Explanation:

This is important since different teams might be composed of differently skilled individuals which might impact their ability to complete the target tasks assigned. When teams that are composed of different skill levels are given similar incentive regardless, it does not reward individual effort and create a stagnant condition.

7 0
3 years ago
Digital marketing has become an increasingly important element of the​ marketer's toolbox. according to a survey conducted by pe
Rasek [7]

Answer:

73%

Explanation:

Digital marketing is promotion of goods and services using digital tools such as email, search engines, social media, and websites on the internet.

The trend is on the increase and there is more emphasis on developing digital marketing tools, so marketers use services like web design, search engine optimisation, and ecommerce.

Digital marketing has the advantage of always being available so your business never sleeps.

6 0
4 years ago
The assets of Dallas &amp; Associates consist entirely of current assets and net plant and equipment, and the firm has no excess
OlgaM077 [116]

Answer:

Explanation:

1.Total Debt = Total Assets – Total Equity  = 2,700,000 – 1,550,000

= $1,150,000

2.Total assets = Total liabilities +Total equity = $2,700,000

3.Current Assets = Total Assets – Plant and Equipment  = 2,700,000-2,300,000  = 400,000

4.Current Liabilities = Total Liabilities – Long term debt = 1,150,000 – 748,000  = $402000

5.Accounts payables and accruals = current liabilities – notes payables

= 402000  – 150,000  = $252000

6.Working capital = Current Assets – Current Liabilities  = 400,000-402,000

= -2000

7.Net operating working capital = Current assets – Accounts payables and accruals  = 400,000 – 252,000  = 148,000

8.Difference = -2,000-148,000 = -150,000  (indicates note payable)

Recalculation with new information:

1.Total Debt = Total Assets – Total Equity  = 4,000,000 – 2,000,000 -500,000 =  

= $1,500,000

2.Total assets = Total liabilities +Total equity = $4,000,000

3.Current Assets = Total Assets – Plant and Equipment  = 4,000,000-3,000,000  = $1,000,000

4.Current Liabilities = Total Liabilities – Long term debt = 1,500,000 – 950,000  = $550000

5.Accounts payables and accruals = current liabilities – notes payables

= 550,000  – 150,000  = $400,000

7 0
3 years ago
Other questions:
  • Choose the term that best matches the description given.
    15·1 answer
  • The cost of goods sold includes $1,200,000 of fixed manufacturing overhead; the operating expenses include $100,000 of fixed mar
    11·1 answer
  • Suppose you find that prices of stocks before large dividend increases show on average consistently positive abnormal returns. i
    15·1 answer
  • Justify the following statement: "Diversity should exist in the workplace."
    11·2 answers
  • Which is the best answer
    15·1 answer
  • A four-year bond has an 8% coupon rate and a face value of $1000. If the current price of the bond is $878.31, calculate the yie
    9·1 answer
  • The following transactions occurred during July: 1. Received $1,350 cash for services performed during July. 2. Received $6,950
    8·1 answer
  • According to the United Nations’ stages of economic development for classifying countries based on levels of industrialization,
    15·2 answers
  • Wyatt is a businessman. He often travels to different places for business purposes and spends money on hotel stays and get-toget
    15·2 answers
  • Which of these is LEAST LIKELY to determine credit worthiness? A) payment history B) length of employment C) personal health his
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!