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
MArishka [77]
3 years ago
6

The ________ exemption applies to employees compensated on a salary or fee basis that perform work that is predominantly intelle

ctual in character, who possess advanced knowledge in a field of science, and whose advanced knowledge was acquired through a prolonged course of specialized intellectual instruction.
Business
1 answer:
larisa86 [58]3 years ago
7 0

Answer:

Learned professional exemption

Explanation:

The reason is that under the federal minimum wage and overtime pay requirements, the person who has specialist and predominant intellectual work knowledge are exempt from the salary or fee basis because the US government encourages its citizens to learn such unique knowledge. This includes certifications holders for example, auditors, Doctors, etc.

You might be interested in
Thornton Industries began construction of a warehouse on July 1, 2016. The project was completed on March 31, 2017. No new loans
igomit [66]

Answer:

THORNTON INDUSTRIES

AMOUNT OF INTEREST TO BE CAPITALIZED FOR THE YEAR ENDED DECEMBER 31, 2016 AND 2017

2016

July 1 - Dec 31    $400,000 *4.8%*6/12 =  $9,600

Sep 30 - Dec 31  $600,000*4.8%*3/12 =   $7,200

Nov 30 - Dec 31  $600,000*4.8%*1/12 =     <u>$2,400</u>

Total Interest for 2016                              <u>  $19,200</u>

2017

Jan 1 - Dec 31   $1,600,000*4.8% =             $76,800

Jan 30 - Dec 31   $540,000*4.8%*11/12 =     <u> 23,760</u>

Total interest for the year 2017                 <u>  $100,560  </u>

weightred average cost of capital =

 <u>   $2,000,000*8%   +     $8,000,000*4%</u>

      $2,000,000 + $8,000,000

= 160,000  + 320,000

        10,000,0000

=$480,000 / 10,000,000 = 0.048 = 4.8%

Explanation:

Interest to be capitalized on construction expenditure will be interest on the amount borrowed to finance such construction. the interest will be from commencement of the construction to the cessation period

6 0
3 years ago
Policies related to setting interest rates, control of currency supply, and the buying/selling of treasury bonds are referred co
Zolol [24]

Policies related to setting interest rates, management of money supply, and the buying/selling of treasury bonds are referred collectively as <u>Monetary policy</u>

Monetary policy is primarily involved with the management of interest rates and the total pool of money in circulation and is generally taken out by central banks, such as the U.S. Federal Reserve.

<h3>What is monetary policy and fiscal policy?</h3>

Monetary policy refers to central bank activities that are headed toward influencing the amount of money and credit in an economy. By contrast, fiscal policy guides to the government's decisions about tax and spending. Both monetary and fiscal policies are used to control economic activity over time

To learn more about Monetary policy, refer

brainly.com/question/13926715

#SPJ4

8 0
2 years ago
José is afraid to ask Tina on a date because he fears she will say no. José is experiencing
pochemuha
He is experiencing anxiety 
4 0
4 years ago
Read 2 more answers
Unlike consumer credit, trade credit does not involve the use of a
hammer [34]

Answer:

Trade credit means many things but the simplest definition is an arrangement to buy goods and/or services on account without making immediate cash or check payments. Trade credit is a helpful tool for growing businesses, when favorable terms are agreed with a business's supplier.

Explanation:

Trade credit allows businesses to receive goods or services in exchange for a promise to pay the supplier within a set amount of time. New businesses often have trouble securing financing from traditional lenders; buying inventory, for example, on trade credit helps increase their purchasing power.

3 0
3 years ago
A customer who shares his or her views of a firm's product and gets attention from other customers who respect these views is re
My name is Ann [436]

A customer who shares his or her views of a firm's product and gets attention from other customers who respect these views is referred to as an opinion leader.

Opinion leaders are individuals or businesses who might be professionals inside an industry or otherwise have perspectives that are both well-known and trusted. As a result, they are able to have an impact on public opinions—such as the opinions of your clients.

Merton distinguishes two varieties of opinion leadership: monomorphic and polymorphic. Typically, opinion leadership is considered as a monomorphic, domain-unique degree of individual variations, this is, someone who is an opinion leader in one field may be a follower in some other subject.

Opinion leaders act as an intermediary between marketers and their target audiences. They acquire information about a sure product, summarize its pros and cons, and bring it to clients in an easy manner. Thought leaders also replace purchasers with product information and supply recommendation on a way to use it.

Learn more about Opinion leaders here brainly.com/question/15834305

#SPJ4

4 0
2 years ago
Other questions:
  • Which demand did the aim members insist the fbi negotiator grant immediately?
    6·1 answer
  • A Canadian company is examining the relative wages, land-acquisition costs, and access to R&amp;D facilities before deciding to
    12·1 answer
  • How is it that people working in their own self-interest produce goods, services, and wealth for others?
    7·1 answer
  • Suppose disposable income increases by $2,000 . As a result, consumption increases by $1,500 . Answer the questions based on thi
    9·1 answer
  • Companies that use a two-tier forecasting system first cluster (or "roll up") several similar services or products in a process
    14·1 answer
  • The amount of interest is determined by multiplying the amount in savings by the:
    6·1 answer
  • In a floating exchange rate system, a current account deficit is likely to be corrected by :
    8·1 answer
  • At the beginning of the day, a company has a cash balance of $11,450 and no float. During the day, the company wrote three check
    9·1 answer
  • Specialization__________ the productivity of a nation's resources and allows for larger total _________.
    12·1 answer
  • How can entrepreneurs save money in case the government increases taxes on small businesses?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!