A because B only happens when lottery winners show the faces and stuff but most of them don’t and also C is wrong because if they thought about it thoroughly they wouldn’t be having financial problems
Answer:
a rate not less than one and one-half times the employee's regular rate of pay.
Explanation:
An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.
The Fair Labor Standards Act is a labor law of the United States of America that was authored by Ellen C. Kearns. This labor law is applicable to all employees working in the private sector, local, state and federal government agencies or civil service. It was first published in 1938 and has since then be amended on several occasions.
All of the following were addressed by the Fair Labor Standards Act (FLSA):
I. Minimum wage.
II. Restrictions on child labor.
III. Overtime pay.
An overtime pay can be defined as an amount of money that is earned by an employee for working extra hours above the normal work period or working hours.
Under the Fair Labor Standards Act (FLSA), the overtime pay for workers is a rate that shouldn't be less than one and one-half times the regular rate of pay being received by an employee.
Answer:
Required rate of return= 16%
Stock price= $13.50
Explanation:
A share of BAC common stock just made a dividend payment of $1
Market return is 12%
Beta is 1.5
Risk-free rate is 4%
Growth rate is 8%
The required rate of return for the stock can be calculated as follows
Required rate of return= Risk-free rate+beta×(market rate-risk-free rate)
= 4%+1.5(12%-4%)
= 4%+1.5×8%
= 4%+12
= 16%
The stock price can be calculated as follows
Stock price= dividend for the year/(rate of return-growth rate)
= (1×1.08)/(16/100-8/100)
= 1.08/0.16-0.08
= 1.08/0.08
= $13.50
Hence the required rate of return and the stock price is 16% and $13.50 respectively.
Answer:
mason complete the additional work $5000 after that he sell and get profit $200
Explanation:
given data
spent on restoration = $3500
sell car = $2800
additional work = $2000
car price = $5000
to find out
What should Mason do
solution
we say here after spending $3500 selling cost is $2800 so
loss will be 3500 - 2800 = $700
so if additional work is $2000
total present value will be = ( $2800 + $2000 )
total present value = $4800
so now if he sell car at $5000
he get profit = ( $5000 - $4800 )
profit = $200
so mason complete the additional work $5000 after that he sell and get profit $200
