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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

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Elon Musk is the product architect who developed the famous Tesla electric car. This car is one of several ideas and businesses
snow_tiger [21]

Answer:

The correct answer is innovative.

Explanation:

In business terms, innovation is something that is not often seen, since many for fear of risk and investment do not dare to generate new things. The comfort of continuing with what is already established is the enemy of innovation. But this attitude of facing business also has complications, since the lack of innovation and risk can end a company.

5 0
3 years ago
Stickel Company has the following sales​ budget: Month Cash Sales Credit Sales September ​$100,000 ​$200,000 October ​125,000 ​1
NISA [10]

Answer:

$182300

Explanation:

$182300

September credit sales  account for 40% of October accounts receivable since it will be paid one month following sales

October credit sales will account for 50% of account receivable since it is paid in the month of sale

the calculation has been done in the attachment for further explanation

     

Download docx
7 0
3 years ago
At which level will a manager use analytics to make decisions? operational level managerial level strategic level all of the abo
miss Akunina [59]

At which level will a manager use analytics to make decisions? All of the above. A manager will use analytics to make deisions at the operational, managerial and strategic level of management. Managers need to make sure they make their decisions based off of analytics and facts not just what they think is the right decision. By using analytics, they are able to back up their decisions and explain why those are the decisions that are being made.

6 0
3 years ago
Read 2 more answers
Suppose that a stock gave a realized return of 20% over a two-year time period and a 10%
KengaRu [80]

Answer:

Option (D) 16.57%

Explanation:

Data provided in the question:

Realized gain

r₁ = 20%

r₂ = 20%

r₃ = 10%

Now,

Geometric average = [(1+r_1)\times(1+r_2)\times...\times(1+r_n)]^{\frac{1}{n}} - 1

here,

n = 3

therefore,

Geometric average = [(1+0.20)\times(1+0.20)\times(1+0.10)]^{\frac{1}{3}} - 1

or

Geometric average = [1.584]^{\frac{1}{3}} - 1

or

Geometric average = 1.1657 - 1

or

Geometric average = 0.1657

= 0.1657 × 100%

= 16.57%

7 0
3 years ago
The following information is available for Concord Corporation and Skysong, Inc.: (in millions) Concord Corporation Skysong, Inc
Aleonysh [2.5K]

Answer:

Earnings per share of Concord Corporation for the year 2022 = $2.83

Explanation:

As for the information provided we have,

Earning per share to be computed for Concord Corporation for 2022

Note: Earning per share is computed for a period, and not for the particular date as it relates to the return on investment.

Therefore, Earnings per share for equity = Earnings for equity for the year concerned/Average number of shares outstanding

Average number of shares outstanding = (Opening equity + Closing Equity)/2

Equity shares in the beginning of 2022 = 180 million

Since no information for losing shares given thus, assumed same as of beginning.

Net income for equity = Net income - Pref dividend = $535 - $26 = $509 million

Earnings per share = $509 million/180 million

= $2.83 per share

8 0
3 years ago
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