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MaRussiya [10]
3 years ago
9

Lynn regularly works a 40-hour week and earns $9 per hour. She receives time-and-a-half pay for each hour of overtime she works.

Lynn works 43 hours last paycheck. What was her regular gross pay?
Business
1 answer:
ANTONII [103]3 years ago
6 0

Answer:

Her regular gross pay is $360

Explanation:

Regular gross pay is that pay which the person earn on daily basis or it is a fixed amount which he gets after completing a month.

In the question, we have to find out the regular gross pay which includes the daily earning of a person

So, her regular gross pay is equal to

= number of hours × rate per hour

= 40 × $9

= $360

We don't include overtime wages as it is not included in  regular gross pay. So, it is ignored.

Hence, her regular gross pay is $360

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Sheffield Corporation has 84,000 shares of common stock outstanding. It declares a $1 per share cash dividend on November 1 to s
aliya0001 [1]

Answer: Please check in the explanation column for answer

Explanation: The entries on the appropriate dates to record the declaration and payment of cash dividend in Sheffield Corporation  is given as

Nov 1.

Debit: Cash Dividends 84,000

Credit: Dividends Payable 84,000

Dec 31.

Debit: Dividends Payable 84,000

Credit: Cash 84,000

7 0
2 years ago
Yellowday Energy’s margin was 3% and turnover was 4.0 on sales of $50 million for the year. ROI for the year was:______
Firlakuza [10]

Answer:c. 12.0%

Explanation:Return on Investment (ROI) is a measure used by firms in order to determine how effective an investment is in terms of gains from its proceeds when compared to the amount invested .

Given

Yellowday Energy margin as 3%

turnover= 4.0 and sales as $50million,

we can calculate the ROI,Return on Investment , as the Profit margin multiplied by turnover

ROI = Profit Margin  x Turnover

  = 3% x 4.0

    = 0.03 x  4.0

     =0.12

0.12 x 100

= 12.0%  

4 0
3 years ago
Which of the following is an arbitrage opportunity?
FromTheMoon [43]

Answer:

D. The bank offers you a loan at 4% interest and a savings account that pays 5% interest.

Explanation:

<em>Arbitration</em> is a <em>financial strategy</em> that consists of the price difference between different markets on the same financial asset to obtain an economic benefit, usually without risk.

To perform arbitration, complementary operations (buy and sell) are carried out at the same time and wait for prices to adjust. The arbitration takes advantage of this divergence and obtains a risk-free gain. In other words, the arbitrajista is positioned short (sells) in the market with higher price and long (purchase) in the market with lower price. The benefit would come from the difference between the two markets.

7 0
3 years ago
The city of Ann Arbor Michigan buys a police car manufactured in Germany. In the GDP accounts this transaction is included in a.
natima [27]

Answer:

A. In government expenditures and imports.

Explanation:

We are informed about how The city of Ann Arbor Michigan buys a police car manufactured in Germany.

In the case of this transaction, it is included in GDP accounts in government expenditures and imports.

GDP which is known as Gross Domestic Product can be explained as the total market value of domestic finished goods/service that are been produced in a particular period in a country. The net export, as well as consumption and government expenditures and investment are taking into consideration in GDP. It should be noted that social security payment is not accounted with GDP

8 0
3 years ago
Brettson Inc. is a major player in the U.S. consumer electronics markets. It sells radios, televisions, DVD players, and a numbe
jasenka [17]

Answer: Differences in product and technical standards

Explanation:

International market has some variety of item when it comes to when the product compete with the locally sold item. When a product which is not being made in a particular country is entering that same country it has some competition to deal with and would have to go through some required standard already in place set by the the country which it's going into. Each country will have their different technical standard and this would determine some decisions on how the international product will sell in this market.

8 0
3 years ago
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