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denpristay [2]
3 years ago
15

Garret is an undergraduate looking for a job to pay for college. As Garret seeks employment, he is glad to know that he will be

paid at least $ 7.25 per hour.
Business
1 answer:
bogdanovich [222]3 years ago
5 0

Answer:

Price floor.

Explanation:

Price floor is perfect fit in the scenario given. As price floor is the legal minimum price fixed by government to protect the right of labor or work force from getting expolited at lower price, which will not fulfill the basic need of labor. It vary according to the region or place, such as rural or urban, depending on the cost of living in the region. It help the economy to have growth with equity.

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The use of an organization's operational data as the source data for a bi system is not usually recommended because it ________.
lyudmila [28]
<span>The use of an organization's operational data as the source data for a bi system is not usually recommended because it requires considerable processing and can drastically reduce system performance.
BI system is business intelligence system. To making the better business </span>decision is the purpose of Business Intelligence system. there are many business intelligence tools to make it successful. 
6 0
4 years ago
Anne Lockwood, manager of Oaks Mall Jewelry, wants to sell on credit, giving customers 3 months to pay. However, Anne will have
Alja [10]

Answer:

15.18%

Explanation:

Calculation for the nominal annual rate

First step is to find EFF% using this formula

EFF%=[1+(Nominal rate percentage/Numbers of months in a year )]^Numbers of months in a year

Let plug in the formula

EFF%=[1+(15%/12)^12

EFF%=(1+0.0125)^12

EFF%=(1.0125)^12

EFF%=1.1608×100%

EFF%=116.08%

Second step is to find Rnom compounding quarterly of 116.08% using this formula

Rnom compounding quarterly = (1+(R/4)^4

Let plug in the formula

Rnom compounding quarterly= (116.08%)^(1/4) Rnom compounding quarterly= 1+ R/4

Hence,

Rnom compounding quarterly = 15.18%

Therefore Anne Lockwood should quote her customers with Rnom compounding quarterly of 15.18%

6 0
3 years ago
Tungsten, Inc. manufactures both normal and premium tube lights. The company allocates manufacturing overhead using a single pla
lara [203]

Answer:

Estimated manufacturing overhead rate= $1.53 per machine hour

Explanation:

Giving the following information:

The company allocates manufacturing overhead using a single plantwide rate with machine hours as the allocation base.

The estimated overhead costs for the year are $ 104,000.

Machine hours​ (MHr)= 27,000 + 41,000= 68,000 machine hours

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 104,000/68,000= $1.53 per machine hour

4 0
4 years ago
Evan, a shareholder, owned 20% of Yorker's stock for 200 days and 25% of Yorker's stock for the remaining 165 days of the year (
mel-nik [20]

Answer:

C. $13,356

Explanation:

Evan, a shareholder, owned 20% of Yorker's stock for 200 days and 25% of Yorker's stock for the remaining 165 days of the year (not a leap year).

Using the required per-day allocation method, Evan's share of the S corporation's ordinary income of $60,000 (rounded to the nearest dollar) is:

0.2 x 60,000 x (200 / 365) + 0.25 x 60,000 x (165/365) = $13,356.16

7 0
3 years ago
David and Bella started a new company and decided that the net profit will be divided in a 6:7 ratio respectively. At the end of
Musya8 [376]

Answer:

$180      

Explanation:

Data provided in the question

Net profit earned = $390

And the given ratio is 6:7

So, the amount that David got would be

= Net profit earned × David ratio ÷ total company ratio

where,

Net profit earned = $390

David ratio = 6

Total company ratio is = 6 + 7 = 13

So, the David share is

= $390 × 6 ÷ 13

= $180            

8 0
4 years ago
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