It was the declared on October 1996 to have at least a minimum wage of $4.75 per hour. A year and a month after, it was increased to $5.15 per hour.
Answer:
LIABILITY
Explanation:
Liabilities are money owed by an organization or company as a results of obligations rising during the course of business operations, financial debts incurred, purchase of asset and so on. It also refers to the situation of being legally responsible for the actions of something or someone. If an organization decides not to take measures—due care—to make sure that every employee knows what is acceptable and what is not, and the consequences of illegal or unethical actions, it increases his liability. This is because the organization is liable and legally answerable to the actions of its employees.
Answer:
$664,000
Explanation:
Correct words: <em>"If Wildhorse Company used the </em><em>Equity </em><em>value method of accounting for its investment in Ayayai Company"</em>
<em />
Ownership percentage = 300/1000
Ownership percentage = 30%
Balance in equity investment at Dec 31, 2021 = $570,000 + Share in earnings ($370,000*30%) - Share in dividends paid out ($85000*20%)
Balance in equity investment at Dec 31, 2021 = $570,000 + $111,000 - $17,000
Balance in equity investment at Dec 31, 2021 = $664,000
So, the Equity Investments balance for Ayayai company on December 31, 2021 is $664,000.
Answer:
buying the bill at a discount from the face value to be received at maturity.
Explanation:
Treasury bills also referred to as T-bills are short term financial instruments. T-bills are issued at a discount from the face value or par value of the bill. Therefore, a T-bill which has a face value of $2000 may have a purchase price of $1,500. The investor will buy the T-bill for $1,500 and upon maturity of the instrument, the investor will receive $2000. The difference between the purchase price of $1,500 and the amount received at maturity of $2000 is interest earned by the investor.
