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kramer
3 years ago
15

Casey Klemons' agreement (BELO plan) with his employer provides for a pay rate of $16.50 per hour with a maximum of 50 hour. How

much would Klemons be paid for a week in which he worked 46 hours
Business
1 answer:
KatRina [158]3 years ago
8 0

Answer:

$907.50

Explanation:

Calculation for How much would Klemons be paid for a week in which he worked 46 hours

Amount to paid =(10 × 0.5 × $16.50)+(50× $16.50

Amount to paid=$82.50 + $825

Amount to paid=$907.50

Therefore the amount that Klemons should be paid for a week in which he worked 46 hours is $907.50

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If the money supply has increased by 3 percent, nominal income has risen 5 percent and the price level has risen by 1 percent, w
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4% is the percent change in real income.

What is the meaning of real income?

Real income, also known as real pay when referring to an individual's income, is the amount of money that an individual or entity makes after taking inflation into account. To have the best knowledge of their purchasing power, people frequently closely monitor the difference between their nominal and actual income.

What is meant by nominal income?

Nominal income is money that hasn't been adjusted for inflation-related changes in buying power, or how much one can buy with that money.

What Is Price Level?

The price level is determined by averaging the current prices for all the goods and services produced in an economy. Price level, in a broader sense, refers to the cost or price of a good, service, or security in the market.

Learn more about real income: brainly.com/question/17094716

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4 0
1 year ago
Mary signed up and paid $600 for a 6 month ceramics course on June 1st with Choplet Ceramics. As of August 1st, Choplet’s accoun
inessss [21]

Answer:

$200 of revenue, $400 of deferred revenue

Explanation:

The journal entry to record the entry on August 1 is shown below:

Unearned revenue A/c Dr $200

         To Revenue $200

(Being the two-month revenue is recorded)

The computation is shown below:

= Six-month revenue × number of months ÷ total number of months

= $600 × 2 months ÷ 6 months  

= $200

The two months is calculated from June 1 to August 1  

The remaining balance would be transferred to the deferred revenue account

= $600 - $200

= $400

4 0
3 years ago
Many customers have expressed a preference for local produce in season. Andy and Scott form partnerships with local farmers to e
FinnZ [79.3K]
The answer is a clout
3 0
3 years ago
The long-time CEO of a large paper company is retiring. the members of the board want to make sure that the new person they hire
saul85 [17]
<h2>Leadership quality is required for the CEO</h2>

Explanation:

Upon all other quality, leadership quality always stands top and allow him / her to be in top position.

When the company is hiring new CEO, he must look out for the following qualities:

  • Proven leadership qualities
  • Dedication towards the work and mainly organization
  • Crisis management to resolve issues
  • The proven responsibility
  • The achievement made in the previous workplace
  • Ability to maintain confidentiality
  • Has good convincing skill
  • Ability to bring collaboration, cooperation among the team
  • Has control over the team
7 0
3 years ago
An insurance company is analyzing the following three bonds, each with five years to maturity, annual interest payments, and is
Andrej [43]

Here's the complete question:

An insurance company is analyzing the following three bonds, each with five years to maturity, and is using duration as its measure of interest rate risk:

a. $10,000 par value, coupon rate = 8%, rb = 0.10

b. $10,000 par value, coupon rate = 10%, rb = 0.10

c. $10,000 par value, coupon rate = 12%, rb = 0.10

What is the duration of each of the three bonds?

a. Duration on 8% coupon bond = 4.28 years

Year 1 ,2,3,4,5

CFs 800,800,800,800,10800

DCFs 727.27, 661.2, 601.05, 546.41 6705.95

PV=9241.84

Duration = <DCFs/PV

(7271+661.22+601.053+546.414+6705.95*5)/9241.84

=39568.1/9241.84

=4.2814

b. Duration on 10% coupon bond = 4.17 yearsc.

c. Duration on 12% coupon bond = 4.07 years

7 0
3 years ago
Read 2 more answers
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