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
Reika [66]
3 years ago
7

how to calculate the hourly wage based on the monthly income and state the hourly wage. assume that each full time worker works

four 40-hour weeks per month. (the minimum monthly income is $4,089)
Business
1 answer:
Maksim231197 [3]3 years ago
5 0

Answer:

$23.85 per hours

Explanation:

The labor wage per hour can be calculate by simply dividing minimum monthly income by the least number of total hours that a labor must work. The resultant amount will be hourly wage of an employee.

Mathematically,

Hourly Wage = Minimum Monthly Income  /  Total Hours Worked

Here

Minimum Monthly Income is $4,089

Total Hours Worked = 40 Hrs per week * 30 days / 7 days

Total Hours Worked = 171.43 Hours

By putting the values, we have:

Hourly Wage = $4,089 / 171.43 Hrs   = $23.85 per hours

You might be interested in
Use the cost information below for Laurels Company to determine the cost of goods manufactured during the current year:
adelina 88 [10]

Explanation:

jsjdjdnx xb ,nxjjsjsjs

5 0
3 years ago
Phillips NV produces DVD players and exports them to the United States. Last year the exchange rate was​ $1.25/euro and Phillips
vichka [17]

Answer: The exchange rate pass through is 41.7 = 6.666666667%÷16%

Explanation:

Currently, from last year to the current year, there has been a 16% increase change in the exchange rate and a 6.667% change in the price. The exchange rate pass through is 41.7 = 6.666666667%÷16%

For every increase in 1% of the exchange rate, there has been a 41.7% increase in the current price of the DVD player.

5 0
3 years ago
Suppose that the risk-free rate is 5% and that the market risk premium is 7%. What is the required return on (1) the market, (2)
Nesterboy [21]

Answer:

1.

r market = 0.12 or 12%

2.

r stock = 0.12 or 12%

3.

r Stock = 0.169 or 16.9%

Explanation:

The required rate of return can be calculated using the CAPM or Capital asset pricing model equation. The formula for required rate of return under this model is,

r = rRF + Beta * rpM

Where,

  • rRF is the risk free rate
  • rpM is the risk premium on market
  • r represents the required rate of return

1.

The beta of the market is always considered to be 1. Thus, the required rate of return on market would be,

r market = 0.05 + 1 * 0.07

r market = 0.12 or 12%

2.

For a stock whose beta is 1.0, the required rate of return would be same as that for market. So, the required rate of return for a stock with a beta of 1.0 is,

r Stock = 0.05 + 1 * 0.07

r Stock = 0.12 or 12%

3.

The required rate of return for a stock with a beta of 1.7 is,

r Stock = 0.05 + 1.7 * 0.07

r Stock = 0.169 or 16.9%

3 0
3 years ago
Last year a small accounting firm paid each of its five clerks $25,000; two junior accountants received $60,000 each; and the fi
djverab [1.8K]

Answer:

the firm's average salary increased by 40%

Explanation:

the average salary for last year = [(5 x $25,000) + (2 x $60,000) + $255,000] / 6 = $500,000 / 6 = $83,333.33

this year's average salary = [(5 x $25,000) + (2 x $60,000) + $455,000] / 6 = $700,000 / 6 = $116,666.67

this means that the average salary has increased by = [($116,666.67 - $83,333.33) / $83,333.33] x 100 = 40%

3 0
3 years ago
The contact between the breccia and the underlying granite is an example of a(n):____.
3241004551 [841]

Correct option is (b): angular unconformity

The contact between the breccia and the underlying granite is an example of angular unconformity

Breccia is a type of  sedimentary rock which is composed of large angular broken fragments of minerals or rocks cemented together by a fine-grained matrix.

In the Italian language ,Breccia word means "rubble". A breccia may have a variety of different origins, as indicated by the named types including sedimentary breccia, igneous breccia, impact breccia, tectonic breccia and hydrothermal breccia.

Granite is a coarse-grained intrusive igneous rock  which is composed of quartz, alkali feldspar, and plagioclase. It forms from magma with a high content of silica and alkali metal oxides that slowly cools and solidifies underground

To know more about breccia here:

brainly.com/question/15185919

#SPJ4

5 0
1 year ago
Other questions:
  • Wanderlust gave a security interest in his Conestoga wagon to Iowa Bank, which perfected its security interest by filing a finan
    15·1 answer
  • Why do the us government intervene in the economy during the finanacial crisis in 2008
    15·1 answer
  • Jo mielziner' s set for the original production of death of a salesman was:
    8·1 answer
  • Your coworker makes a comment about a blouse you are wearing. The comment makes you very uncomfortable. This is an example of:
    11·1 answer
  • Which domain is the most common and reserved for commercial organizations and businesses?
    8·1 answer
  • What is the difference between global trade and domestic trade?
    10·2 answers
  • A ______ is a formal document that provides background and financial information about the company, outlines your goals for the
    13·1 answer
  • The discount on bonds payable is?
    6·1 answer
  • Suppose that Jim uses his budget to purchase 100 units of Good X and 100 units of Good Y. When the price of Good X rises, he pur
    13·1 answer
  • The steady growth line best supports which conclusion about the economy
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!