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Sunny_sXe [5.5K]
3 years ago
9

An administrative (office) employee earns an annual salary which, when divided by total hours worked during the year, is the equ

ivalent of $6.68/hour.
a) Compliant
b) Noncompliant
Business
1 answer:
Sati [7]3 years ago
5 0

Answer: b) Noncompliant

Explanation:

This question is in relation to the compliance with minimum wage laws in the United States.

The federal minimum wage is $7.25 per hour and yet this administrative employee is earning only $6.68/hour. This company is therefore not compliant with minimum wage laws.

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Discuss the relationship between bond prices and interest rates. What impact do changing interest rates have on the price of lon
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Interest rates and bond prices have an adverse correlation. Bond prices grow during periods of low-interest rates and decline during periods of high-interest rates.

<h3>What is the interest rate?</h3>

The cost of borrowing and the rewards for saving are both indicated by the interest rate. Since there is a premium if the coupon rate is higher than the market rate, the bond's price will be higher. Bond prices will decrease if the coupon rate is lower because there will be a discount.

The price of long-term bonds is more affected by interest rates than the price of short-term bonds. A bond's price varies depending on how long it is.

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2 years ago
You are considering acquiring a common share of Sahali Shopping Center Corporation that you would like to hold for 1 year. You e
kodGreya [7K]

Answer:

$42.60

Explanation:

Current value = Future dividends and value*Present value of discounting factor(rate%,time period)

Current value =  $1.85 / (1+10%) + $45 / (1+10%)

Current value =  $1.85/1.1 + 45/1.1

Current value = $ 1.68181 + $40.91

Current value = $42.5918

Current value = $42.60

3 0
3 years ago
It is said that kone is embedding intelligence across its supply chain and enables smarter buildings. explain.
alexandr402 [8]

KONE started the next stage of its strategy, Sustainable success with consumers, in January 2021. With innovative intelligent solutions, we will increase the value we provide for clients during the four-year strategy term and further integrate sustainability into all of our activities.

Core goods and services: through connectivity and adaptability, they meet the unique demands of each client for a seamless experience. All goods and services shall be made as cost-effective and environmentally friendly as possible.

In order to provide customers with value in new ways, new customer value solutions are being developed and integrated with existing core products and services.

Smart and sustainable cities: become the go-to partner for the construction of smart and sustainable cities.

In this extremely fragmented and fast-growing economy, the service industry in China is becoming the undisputed market leader.

Core values and concepts form the foundation of our culture. We never err on the side of our core values. They consist of sustainability, quality, and safety. The core of our culture is comprised of our values, which stand for the attitudes and actions that KONE wants to encourage.

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8 0
2 years ago
An active worker receives $500 every two weeks. This kind of monetary reward for work is called ______.
dezoksy [38]
The correct answer for the question that is being presented above is this one: "Salary." An active worker receives $500 every two weeks. This kind of monetary reward for work is called salary. Salary is the amount of money that you get after a certain kind of labor is done.
4 0
3 years ago
In 2019, Chaya Corporation, an accrual basis, calendar year taxpayer, provided services to clients and earned $25,000. The clien
romanna [79]

Answer:

Accrual shows face amount as revenue

revenue = $25,000

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Total income reported in 2017 = $27,333

The next year she would show the remainder of 12,000 from 26 month contract

For tax purposes, max of 2 year deferral for payment recieved in advance.

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3 years ago
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