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frosja888 [35]
3 years ago
14

Pace's regular wage rate is $13.78 per hour, and the regular workweek is 40 hours with five 8-hour days. Compute the following:

Business
1 answer:
Aleksandr-060686 [28]3 years ago
4 0

Answer:

(a) 40 hours (b)54hours (c) $551.2 (d) $62.01 (e) $744.12

Explanation:

(a)To calculate hours worked each day, since the regular work week is 40 hours with five 8 hours day

= Monday to Friday 8 hours

= 8 × 5

= 40 hours

(b) To calculate the total hours worked , we will first convert to 24 hour clock, then subtract the starting time from ending time to obtain the total hours

Monday = 8 am - 4pm ( 16 - 8) = 8hours

Tuesday = 8am - 6pm ( 18 - 8) = 10 hours

Wednesday = 8am -4pm (16 - 8)= 8hours

Thursday = 8.30 am - 6pm (18.5 - 8) = 10.5 hours

Friday = 8am - 4.30pm ( 18 - 8.5) = 9.5 hours

Saturday = 8am - 12pm (18 - 14) = 4 hours

Sunday = 8am -12pm (18 - 14)= 4hours

Total hours worked = 8 + 10 + 8 + 10.5 + 9.5 + 4 + 4

= 54hours

(c) To calculate the regular earning

Hours worked × regular wage rate

= 40 × 13.78

= $551.2

(d) To calculate the overtime earning

Overtime is used to be paid at rate of time and a half, since overtime occurs on the following days

Tuesday = 10 hours(8 .5 - 10) = 1.5

Thursday = 10.5 hours (8.5 - 10.5) = 2.0

Friday = 9.5 hours (8.5 - 9.5) = 1.0

Overtime hour × regular wage rate

Tuesday = 1.5 × 13.78 = $20.67

Thursday = 2.0 × 13.78 = $27.56

Friday = 1.0 × 13.78 = $13.78

Total overtime earning = 20.67 + 27.56 + 13.78

=$62.01

(e) The total earning

= hours worked × Total hours worked per week

= 54 × 13.78

=$744.12

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Vladimir [108]

Answer:

Debbie Brooks is the one who will suffer the loss for the checks paid with Brook's forged signature.

Explanation:

Debbie Brooks is the one who will suffer the loss for the checks paid with Brook's forged signature because Brooks was supposed to be checking the statement regarding her accounts frequently . By that, she could have discovered that Tingstrom had taken $85,000 from her checking account with Transamerica Financial Advisors and hence be able to sue her.

After Debbies Brooks discovered what Martha had done, she should have have stopped the transaction immediately but instead another year passed before she filed a suit against Transamerica. Hence, she will be one who will suffer from the forged signature.

8 0
3 years ago
Matt inherited as a trust a fifteen-year annuity-immediate with annual payments. He has been told that the annuity payments earn
Pavel [41]

Answer:

effective annual interest rate = 6.32%

annual payment = $1,585

Explanation:

I believe that this is an ordinary annuity, so we can use the future and present value of an ordinary annuity formula:

FV = annual payment x FV annuity factor, so annual payment = FV / FV annuity factor

PV = annual payment x PV annuity factor, so annual payment = PV / PV annuity factor

we can equal both equations:

PV / PV annuity factor = FV / FV annuity factor

FV / PV = FV annuity factor / PV annuity factor

$37,804.39 / $15,077.10 = FV annuity factor / PV annuity factor

2.5074 = FV annuity factor / PV annuity factor

the easiest way to solve this is to use an annuity table since we already know that there are 15 periods (I used an excel spreadsheet):

%,15 periods      FV annuity factor     PV annuity factor        FV/PV

1                                 16.097                   13.865                      1.1609

2                                17.293                   12.849                      1.34586

3                                18.599                    11.938                      1.55797

4                               20.024                     11.118                       1.80104

5                                21.579                   10.380                      2.07890

<u>6                               23.276                   9.7122                       2.3966</u>

<u>7                                25.129                   9.1079                       2.7590</u>

8                                27.152                   8.5595                       3.1721

9                                29.361                   8.0607                      3.6425

10                               31.772                   7.6061                         4.4112

The interest rate must be between 6 and 7%:

%,15 periods      FV annuity factor     PV annuity factor        FV/PV

6                               23.276                   9.7122                       2.3966

6.1                             23.45404              9.6461                       2.43145

6.2                            23.63369              9.5858                      2.46549

6.3                            23.81491               9.52467                     2.50034

6.31                           23.83312               9.51851                     2.50387

<u>6.32                          23.85135               9.51236                     2.5074</u>

6.4                            23.99773              9.46337                     2.53585

effective interest rate = 6.32% per year

annual payment = $37,804.39 / 23.85135 = $1,585

           

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3 years ago
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stepan [7]

Answer:

a) Spaghetti

Explanation:

Dollar value means the actual amount raised from selling. In this case,

spaghetti will have  dollar sales of:

=340 x $12

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Steak

=212 x $16

=$3,392

Therefore, spaghetti has higher dollar sales.

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Firms issue callable bonds to give them financing flexibility in case future interest rates. True or False
AURORKA [14]

true is the answer for sure !!

7 0
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natita [175]

Answer:

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In the scenario observed in the question, it can be seen that the dean used the consultation tactic.

This tactic can be defined as the influencing leader seeking support from others to influence a group.  This is an effective approach to increase group satisfaction due to the value of democratic decision-making.

The benefits of this technique are described in the question, such as the increased commitment of the faculty, who are now interested in seeing the process succeed and the objective of accreditation fulfilled.

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