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
il63 [147K]
3 years ago
5

If you were to hear a friend say that the minimum wage was a lot lower when their parents were young, how would you respond?

Business
2 answers:
wariber [46]3 years ago
8 0

Answer:

i would agree because that was decades ago

marshall27 [118]3 years ago
4 0

While yes, minimum wage was lower, so was the cost of living. Minimum wage today is not the same as minimum wage decades ago, as decades ago, minimum wage was something you can survive off of. Not today.  

You might be interested in
Jason McCurdy has a regular hourly rate of $10.75. During a two week period, he worked 80 hours (40 hours each week) and had ded
Lorico [155]

Jason McCurdy's gross pay was $684.21.

Given that the regular hourly rate is $10.75. During a two-week period, he worked 80 hours (40 hours each week) and had deductions of $110 for federal income tax, $53.32 for social security tax, and $12.47 for Medicare tax.

Total working hours = 80 hours

Hourly rate = $10.75

Total payment = $10.75 × 80

                       = $860

Deductions = Federal Income Tax + Social Security tax + Medicare Tax

                  = $110 + $53.32 + 12.47

                  = $175.79

Gross Pay = Total Payment - Deductions

                 = $860 - $175.79

                 =  $684.21

To know more about the income tax system refer to:

brainly.com/question/13745838

#SPJ4

7 0
2 years ago
On January 1, 2021, Legion Company sold $250,000 of 6% ten-year bonds. Interest is payable semiannually on June 30 and December
notsponge [240]

Answer:

The bond interest expense to be shown in profit or loss as t 30 June 2021

$9,838.56

Explanation:

The bond interest expense is the actual finance cost of using the funds made available by bondholders while the coupon payment is the portion of the finance cost paid to them periodically.

Interest expense=bonds cash proceeds*yield to maturity*6/12

bonds cash proceeds is $163,976

yield to maturity is 12%

interest expense=$163,976*12%*6/12=$9,838.56  

5 0
3 years ago
Read 2 more answers
You are the manager of BlackSpot Computers, which competes directly with Condensed Computers to sell high-powered computers to b
Zina [86]

Answer and Explanation:

In order to know how this affects the production we will first find out the quantities produce before and after the technological advance.

Profit maximizing, MR = MC (Marginal revenue = Marginal Cost)

TR = P x Q

TR= (5900 - Q) x Q = 5900Q - Q^2

MR = 5900 - 2Q (Taking derivative)

Now, MR = MC

5900 - 2Q = 800

Q = 2550

After Technological advancement,

MR = MC

5900 - 2Q = 500

Q = 2700

After technological advancement, Backspot Computers are able to produce more quantities. An increase of 150 units. The technological advancement has helped them.

4 0
4 years ago
Exercise 14-37 Special Order (LO 14-4, 14-5) [The following information applies to the questions displayed below.] Intercontinen
FromTheMoon [43]

Answer:

the relevant cost will also include the differential cost for taking the order as it is related to the order being taken or not.

Explanation:

The product is regularly used therefore, it will be sold in the future.

addtional inventory cost:

6,600 x (9.80 - 9.40) = 2,640

Cost of good sold

1,300 x 9.20              = 11,960

<u><em>Total cost for the order 14,600</em></u>

5 0
4 years ago
Name at least two risk banks face
Lana71 [14]

Question: Name at least two risk banks face?

Answer: <u>There are many types of risks that banks face. Two of out of these eight risks, credit risk and market risk</u>

<em>Hope this helps!.</em>

<em>~~~~~~~~~~~~~~~~~</em>

<em>~A.W~ZoomZoom44</em>

4 0
4 years ago
Other questions:
  • Use the information below for Jensen Company to answer the question that follow. Direct materials used $345,000 Direct labor inc
    14·2 answers
  • Westchester Corp. is considering two equally risky, mutually exclusive projects, both of which have normal cash flows. Project A
    10·1 answer
  • Enercio contributes $100,000 in exchange for a 40% interest in the calendar year ABC LLC, which is taxed as a partnership. This
    8·1 answer
  • Business strategy, as distinct from corporate strategy, is chiefly concerned with
    15·1 answer
  • Suppose there are five goods in the economy, A-E. The current-year quantity of each is 10A, 20B, 30C, 40D, and 50E. Current-year
    11·1 answer
  • What is the best indicator that a training and development program was worth the investment?
    6·1 answer
  • Due to labor-market regulations that make it difficult for young workers to break into the labor force, Spain has the highest le
    12·1 answer
  • Justify why a perfect market is unrealistic​
    12·1 answer
  • If the planned budget revenue for 5,000 units is $120,000, the flexible budget revenue for 4,500 units is ______.
    9·1 answer
  • Something that credit card commercials don't show you is . ...
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!