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Dennis_Churaev [7]
3 years ago
15

Under the Fair Labor Standards Act (FLSA), the overtime pay for workers is a rate that is lower than the minimum wage. decided b

y the employer after mutual consent and agreement with the workers. a rate that is equal to the employer's regular rate of revenues. variable depending upon the particular job involved. a rate not less than one and one-half times the employee's regular rate of pay.
Business
1 answer:
bezimeni [28]3 years ago
4 0

Answer:

a rate not less than one and one-half times the employee's regular rate of pay.

Explanation:

An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.

The Fair Labor Standards Act is a labor law of the United States of America that was authored by Ellen C. Kearns. This labor law is applicable to all employees working in the private sector, local, state and federal government agencies or civil service. It was first published in 1938 and has since then be amended on several occasions.

All of the following were addressed by the Fair Labor Standards Act (FLSA):

I. Minimum wage.

II. Restrictions on child labor.

III. Overtime pay.

An overtime pay can be defined as an amount of money that is earned by an employee for working extra hours above the normal work period or working hours.

Under the Fair Labor Standards Act (FLSA), the overtime pay for workers is a rate that shouldn't be less than one and one-half times the regular rate of pay being received by an employee.

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A manufacturer of handcrafted wine racks has determined that the cost to produce x units per month is given by upper c equals 0.
Fantom [35]

Answer:

The cost per month is increasing at a rate $365.

Explanation:

Differentiation Formula

  • \frac{d}{dx}(x^n)= nx^{n-1}  
  • \frac{d}{dx}(a)=0             [ where a is a constant]
  • \frac{d}{dx}(ax^n)=a \frac{d}{dx}(x^n)= anx^{n-1}

Given that,

A manufacturer of handcrafted wine racks has determined that the cost to produce x units per month is given by

c=0.2x^2+10,000.

Again given that,

the rate of changing production is 13 unit per month

i.e \frac{dx}{dt}=13

To find the cost per month, we need to find out the value \frac{dc}{dt} when production is changing at the rate 13 units per month and the production is 70 units.

c=0.2x^2+10,000

Differentiating with respect to t

\frac{d}{dt}(c)=\frac{d}{dt}(0.2x^2)+\frac{d}{dx}(10,000)

\Rightarrow \frac{dc}{dt}=0.2\frac{d}{dt}(x^2)+\frac{d}{dx}(10,000)

\Rightarrow \frac{dc}{dt}=0.2\times 2x^{2-1}\frac{dx}{dt}+0

\Rightarrow \frac{dc}{dt}=0.4x\frac{dx}{dt}

Plugging \frac{dx}{dt}=13

\Rightarrow \frac{dc}{dt}=0.4x\times 13

\Rightarrow \frac{dc}{dt}=5.2x

\frac{dc}{dt}|_{x=70}=5.2\times 70 [ plugging x=70]

            =364

[ The unit of c is not given. Assume that the unit of c is dollar.]

The cost per month is increasing at a rate $365.

4 0
3 years ago
If you have a low credit score, lenders are more likely to give you what type of interest rate? A. A low interest rate B. A high
alisha [4.7K]

Answer:

B) A high interest rate.

Explanation:

A low credit score means a bad credit score. Meaning you are not that reliable in paying your credit back. If you were reliable, they would make it easy for you and give you a low interest rate. However, your credit score says otherwise so they will give you a high interest rate since you are a higher risk.

8 0
3 years ago
A presentation in the sales process is designed to match the benefits of a product to the client's ______.
elixir [45]

Answer:

needs

Explanation:

7 0
2 years ago
Ray Stokes is raising capital for a new company called NO Balloons Inc. NO Balloons will manufacture and sell festive balloons.
Sergeeva-Olga [200]

Answer:

NO Balloons' WACC = 7%

Explanation:

WACC = Weighted average cost of capital

The weighted average cost of capital (WACC) refers to calculation of a firm's cost of capital in which each category of capital is proportionately weighted. All sources of capital, including <u>common stock</u>, <u>preferred stock</u>, <u>bonds</u>, and <u>any other long-term debt</u>, are included in a WACC calculation.

<u>Respective calculation of WACC:</u>

<u>Step 1: Calculate the value of equity:</u>

Number of shares = 12 million

Share price = $19.5 per share

Value of equity = 12 million shares * 19.5/share = $234 million  (A)

<u>Step 2: Calculate the value of debt: </u>

Bonds = 200,000

Value of debt = 200,000 bonds * 1000 face value/bond * 89% sale price = 178 million  (B)

<u>Step 3: Calculate the firm value:  </u>

Total firm value (A+B) = 234 + 178 = 412 million

<u>Step 4: Calculate the weight of equity: </u>

Dividing the value of equity to total firm value:

Weight of equity = 234 / 412 = 0.5680

<u>Step 5: Calculate the weight of debt: </u>

Dividing the value of debt to total firm value

Weight of debt = 178 / 412 = 0.4320

<u>Step 6: Calculation of WACC :</u>

WACC = weight of equity * cost of equity + weight of debt * cost of debt = 0.5680 * 9.275% + 0.4320 * 4% = 7%

7 0
3 years ago
[The following information applies to the questions displayed below.] Laser Delivery Services, Inc. (LDS), was incorporated Janu
Rasek [7]

Answer:

a.

Date          Account Details                                  Debit                       Credit

                 Cash                                                $27,000

                 Common Stock                                                                 $27,000

b.

Date          Account Details                                  Debit                       Credit

                 Land                                                 $9,000

                  Notes Payable                                                                  $9,000  

c.

Date          Account Details                                  Debit                       Credit

                 Vehicles                                           $18,000

                 Cash                                                                                 $2,000

                 Notes Payable                                                                 $16,000

d.

Date          Account Details                                  Debit                       Credit

                 Vehicles                                               $800

                 Cash                                                                                    $800

e. This does not require a journal entry as it is a personal transaction.

3 0
3 years ago
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