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Katyanochek1 [597]
2 years ago
6

t's Manuel again. But now that we are getting to know him, we just call him Manny. So....Manny gets called in to work seven days

in a single week. He is called in on Sunday, the first day of the work week, and he works seven hours a day, Sunday through Friday. Then he is asked to come in on Saturday, and to work for eight more hours. He is now making $12 an hour. How much does he get in gross pay for the week?
Business
1 answer:
gogolik [260]2 years ago
7 0

Answer:

The answer is: Manny´s gross pay for the week is $600.

Explanation:

Depending on the culture and religion of the place, some calendars start the week at Sunday and ends at Saturday. So if Manny worked from Sunday to Saturday, all his work was done within one week.

We don´t have additional information to calculate overtime so we must consider the same pay per hour worked ($12/hour).

During six days he worked 7 hours per day, that totals (6 days x 7  hours /day = 42 hours). During the last day of the week he worked 8 hours. So we just add up all the hours Manny worked that week (42 + 8 = 50 hours).

To calculate Manny´s total gross pay for the week we just multiply

           50 hours x $12/hour = $600

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________ is the process of studying large amounts of data of a variety of types to uncover hidden patterns, unknown correlations
max2010maxim [7]

Answer:

Big data analytics

Explanation:

Big data analytics is the process of analysing large data sets (big data) to get insights such as hidden patterns, correlations, and market trends. This information is used to make business decisions.

Big data analytics bus used to study structured data sets, unstructured data sets, and semi-structured data sets.

This form of data processing bis used accros different industries including banking, insurance, health-care, communication, education, and manufacturing.

8 0
3 years ago
. Chandler Tire Co. is trying to decide which one of two projects it should accept. Both projects have the same start-up costs.
Alex787 [66]

Answer:

So project two is better because it will increase the wealth of Chandler Tire by $ 18,598.33  more than Project 1

Explanation:

<em>To determine which project to be selected, we will compute the  present value (PV) of the two projects and select the  one with a higher PV.</em>

Present value is the today worth of the future cash inflows from a project. The higher the present value the more wealth is been created. So a project with a higher PV is better if two are been compared.

So when comparing two projects, the one with a higher PV is better.

<em>PV of Poject 1 </em>

PV = 52,000 × 1-(1.015)^(-6)

$196,793.10

<em>PV of Project 2</em>

PV = 48,000 × 1- (1.015)^(-8)

$215,391.43

So project two is better because it will increase the wealth of Chandler Tire by $ 18,598.33  more than Project 1

4 0
2 years ago
A firm has adopted a policy whereby it will not seek any additional external financing. Given this, what is the maximum growth r
dlinn [17]

Answer:

9%

Explanation:

Given:

The net income = $12,000

Total equity = $40,000

Total assets = $80,000

Dividend payout ratio = 40%

Now,

Internal rate of return, r = \frac{\textup{Net Income}}{\textup{Total Equity}}\times100\%

or

Internal rate of return, r = \frac{\textup{12,000}}{\textup{80,000}}\times100\%

or  

Internal rate of return, r = 15%

and,

Retention ratio = 1 - Dividend payout ratio

= 1 - 0.40

= 0.60 or 60%

Now,

Growth rate = Retention ratio × Internal rate of return

or

Growth rate = 0.60 × 0.15

or

Growth rate = 0.09

or

Growth rate = 9%

7 0
2 years ago
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Well social disorganization could lead to Lee's loyalty people or follower and with out an organization things or people aren't put to play e which can lead them to think they can do what ever they want whenever
4 0
3 years ago
Rankine Company estimates its bad debts expense by aging its accounts receivable and applying percentages to various age groups
guapka [62]

Answer:

Net amount of accounts receivable that should be included in current assets:

= Accounts receivable - Allowance for doubtful accounts

= $256,000 - $8,000

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The journal entry is as follows:

Bad debt expense[$8,000 - $1,000] A/c Dr. $7,000

           To Allowance for doubtful accounts               $7,000

(To record the bad debt expense)

4 0
2 years ago
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