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Otrada [13]
3 years ago
9

Does minimum wage automatically increase as inflation or prices of goods increase?

Business
1 answer:
Alexxandr [17]3 years ago
7 0

Answer:

nope. prices have been going up alot in even just the past decade, and yet minimum wage is still $7.25

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Brett wants to sell throw blankets for the holiday season at a local flea market. Brett purchases the throws for $15 and sells t
Fynjy0 [20]

Answer:

$750

Explanation:

Total cost for Brett = Rental cost + Buying cost for 200 throws

Total cost for Brett = $1,500 + ($15*200)

Total cost for Brett = $1,500 + $3,000

Total cost for Brett = $4,500

Total income for Brett = Demand * Selling cost

Total income for Brett = 150 * $35

Total income for Brett  = $5,250

Payoff = Income - Cost

Payoff = $5,250 - $4,500

Payoff = $750

4 0
3 years ago
#20 Employers include __________ plan coverage in fringe benefit programs to retain high-quality employees and ensure productivi
harina [27]

Answer:

Group health

Explanation:

  • As a company it's the duty of owner and management to take care of their employees health
  • It's difficult to run individual healt programmes hence companies run group health programs
8 0
3 years ago
Find the Net Pay: hours worked--27 1/4, $5.15 an hour, Federal tax--$6.19, Social Security--$10.74, Other--$6.37
Kobotan [32]
Calculate for the total earnings gained from working by multiplying the number of hours worked and the hourly wage.

    E = (27.25 hours)($5.15 /hour) = $140.3375

The total taxes and items that need to be paid is,

  T = $6.19 + $10.74 + $6.37 = $23.3

Subtracting from the total earnings the latter,

     NP = $140.3375 - $23.3 = $117.04

Answer is the third choice, $117.04. 
4 0
4 years ago
Mary is a shareholder in CarrollCo, a calendar year S corporation. At the beginning of the year, her stock basis is $10,000, her
Troyanec [42]

Answer:

AAA = (8000)

STOCK BALANCE = 0

AEP = 2000

Explanation:

-----------------AAA-------- stock basis---------AEP

Beg. Bal--- 2000 - - - - 10,000 - - - - - - 6,000

Distribution (2000) - - - - (2000) - - - - - (4000)

Balance - - - 0 - - - - - - - 8000 - - - - - - 2000

LTCG - - - 2000 - - - - - 2000 - - - - - - - - 0

Balance - -2000 - - - - - 10,000 - - - - - - 2,000

Loss - - - (10000) - - - - (10000) - - - - - - - 0

Ending - - (8000) - - - - - 0 - - - - - - - - - 2000

ENDING BALANCE :

AAA = (8000)

STOCK BASIS = 0

AEP = 2000

Beg. bal = beginning balance

LTCG = Long term capital gain

3 0
4 years ago
A manufacturing company has budgeted production at 5,000 units for May and 4,400 units in June. Each unit requires 3 pounds of m
mario62 [17]

Answer:

$201,700

Explanation:

The budget production for May is 5000 units.

The total materials required for May will be no. of units multiplied by materials needed for each unit

=5000 x 3

=15000 pounds of materials

Materials required for June

=60% of (4400x 3)

= 60/100 x 13200

=7920 pounds of material

Total materials needed for May

= 15,000+7,920

=22,920 pounds

Purchases required will be

=22,920 - 2,750

=20170

Purchases in dollar value =20170 x $10

=$201,700

5 0
3 years ago
Read 2 more answers
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