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
scoundrel [369]
3 years ago
15

Lai Xiaodong, a 22-year-old college-educated man, accepted a job at Foxconn Technology (where the iPad was being produced for Ap

ple) in Chengdu, China, for $22 a day at 12 hours a day, 6 days a week. What were Lai’s hourly, weekly, and annual gross pay?
Business
1 answer:
Rudik [331]3 years ago
4 0

Answer:

$1.83 per hour

$132 per week

$6,864 per year

Explanation:

Hourly Pay rate is the rate of pay someone receives measured on hourly basis.

Hourly rate = Daily rate / number of hours = $22 / 12 hours = $1.83 per hour

Weekly Pay rate is the rate of pay someone receives measured on Weekly basis.

Weekly rate = Daily rate x Number of working days in a week = $22 x 6 = $132 per week

Annual Pay rate is the rate of pay someone receives measured on Annual basis.

Annual rate = Daily rate x days in the week x week in the year = $22 x 6 days x 52 weeks = $6,864

You might be interested in
Zook Manufacturing's total six-month sales were $85 million, with $25.5
german

Explanation:

85 ÷ 25.5 = 0.3

0.3 × 100 = 30%

3 0
3 years ago
What is the best example of a short-run adjustment?
k0ka [10]

Answer:

Short-run economics primarily affect price.

Explanation:

When demand decreases for any reason, prices go down in the short term. When demand spikes, prices go up. ... Long-run adjustments occur when sustained increases or decreases in demand cause a business to change its practices and can affect both price and the means of production.

8 0
3 years ago
Read 2 more answers
A construction company entered into a fixed-price contract to build an office building for $32 million. Construction costs incur
Delicious77 [7]

Answer:

company gained a gross profit of $2 million

Explanation:

Data provided in the question;

Contract price to build an office = $32 million

Construction costs incurred during the first year = $9 million

Estimated costs to complete at the end of the year = $21 million

Therefore,

Total cost incurred to complete the construction of the office at the end of the first  year

=  Construction costs incurred during the first year + Estimated costs to complete at the end of the year

= $9 million + $21 million

= $30 million

Thus,

The revenue generated by the company = Contract price - cost incurred

= $32 million - $30 million

= $2 million

since the revenue is positive, hence the company gained a gross profit of $2 million

8 0
3 years ago
Groups form naturally and there is little anyone can do to influence the success or cohesiveness of a group dynamic
irakobra [83]

Answer:

False.

Explanation:

While it is true that groups often form naturally, it is false that you can't have much influence over a group. A strong leader who understands management principals will be able to influence group dynamics.

8 0
3 years ago
Businesses that apply the marketing concept will fail if each company involved in
Dmitry [639]

Answer:

Explanation:

Which of the following was a demand of the marchers

jobs for women

segregated schools

an end to bias

second-class citizenshipWhich of the following was a demand of the marchers?

6 0
3 years ago
Other questions:
  • Traditional advertisements for cookware have always focused on appealing to women consumers. such advertisements make use of con
    12·1 answer
  • Which of the following statements regarding inventory costing methods is correct? Multiple Choice In periods of inflation, LIFO
    10·1 answer
  • The Ashwood Company has a long-term debt ratio of 0.50 and a current ratio of 1.60. Current liabilities are $970, sales are $5,1
    9·1 answer
  • What steps can a nation take to achieve economic growth?
    11·2 answers
  • Although Tracith is one of the best supermarkets in the coastal town of Dawntonia, it fails to retain customers. To solve this p
    11·1 answer
  • For all practical purposes, listed stock options always expire
    13·1 answer
  • Adding Erik Olin Wright’s concept of contradictory class locations to the Marxist concept of capitalists versus the proletariat,
    14·1 answer
  • Types of bonds
    5·1 answer
  • An estate is transferred with the stipulation that alcohol will never be consumed on the premises or the seller will take back t
    9·1 answer
  • CHECKPOINT QUESTION
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!