One of the advantages associated with television as an advertising medium is that it:

An employee receives an hourly wage rate of $15, with time and a half for all hours worked in excess of 40 during the first week

Volgvan

Answer:

The net amount paid to the employee is US$ 553.14

Explanation:

Let's calculate the net amount paid to this employee:

1. Total hours worked = 48

Hourly wage for the first 40 hours = US$ 15

Hourly wage for hours over 40 hours = US$ 22.50 ( time and a half for all hours worked in excess of 40)

Total wage = 40* 15 + 8 * 22.50

Total wage = 600 + 180 = 780

This employee earned US$ 780 before taxes and discounts

2. Taxes and withheld are:

Federal income tax withheld= US$ 120

Social security tax rate= 6%

6% * 780 = 780 * 0.06 = US$ 46.80

Medicare tax rate= 1.5%

1.5% * 780 = 780 * 0.015 = US$ 11.70

State unemployment tax= 5.4% on the first $7,000

5.4% * 780 = 780 * 0.054 = US$ 42.12

Federal unemployment tax = 0.8% on the first $7,000

0.8% * 780 = 780 * 0.008 = US$ 6.24

Total taxes and withheld = 120 + 46.80+ 11.70+ 42.12 + 6.24

Total taxes and withheld = US$ 226.86

3. Net amount paid to this employee:

Net paid = Total earnings - taxes and withheld

Net paid = 780 - 226.86

Net paid = US$ 553.14

3 0

4 years ago

Oriole Company uses the units-of-activity method in computing depreciation. A new plant asset is purchased for $52000 that will

AnnZ [28]

Answer:

$ 0.61 per unit

Explanation:

The unit-of-activity method is one of the asset depreciation methods. Under this method, the depreciable cost of the asset is spread over the units produced. The formula is a more accurate measure of wear and tear.

In this case:

Depreciable cost=(purchase price -salvage value)

=$52000.00 -$3200.00

=$48,800.00

Depreciation per unit= Depricable cost / expected production

=$48,800/80000

=$ 0.61per unit

4 0

3 years ago

Elodie is a sales representative for a textbook publisher. She spends a great deal of time visiting college professors who have

kiruha [24]

Answer:

A. True

Explanation:

The strategy that is meant to ensure customer loyalty, communication and long term patronage is known as relationship marketing. This type of marketing tries to have an emotional connection and open communication with its customers so it can deliver goods and services that are suited to the customers needs.

Elodie's actions of meeting up with already existing customers and making sure they are satisfied by her service is consistent with relationship marketing.

Traditional marketing focused more on getting new customers for its products and services while ignoring already existing customers. It was soon found out that already existing customers were not to be ignored as they were important because of referrals they could give and continued patronage, that was when relationship marketing was formed.

By checking up and getting feedback from college professors who had already purchased her books and already using it, she was able to form a relationship with them which comprised of loyalty and commitment.

In future, when such college professors would want to purchase another set of books, they are likely to buy from Elodie's company.

3 0

4 years ago

Simpkins Corporation does not pay any dividends because it is expanding rapidly and needs to retain all of its earnings. However

madreJ [45]

Answer:

Answer is $50.94 or $50.9

Explanation:

The present value of a stock along with the continuous growth is one of the formulas that are being used in the dividend discount model, particularly as it relates to stocks that the speculation assumes will increase perpetually.

Please find the detailed answer as follows:

Current Value

= 1.25/(1+.12)^3 + 1.25*(1+75%)/(1+.12)^4 + 1.25*(1+75%)^2/(1+.12)^5 + 1.25*(1+75%)^2*(1+7%)/(1+.12)^5*(12%-7%) = $50.94 or $50.9

Answer is $50.94 or $50.9

Thanks.

6 0

3 years ago

The _____ doctrine is a doctrine holding that certain legal consequences attach to an attempt by a corporation to carry out acts

Ksenya-84 [330]

Ultra Vires.

The ultra vires doctrine holds that certain legal actions attach when a corporation tries to carry out acts that are outside of its lawful powers. This doctrine can also include actions that are specifically prohibited by the corporate charter. These actions leave the corporation vulnerable to lawsuits by its employees and third parties because they are per se prohibited.

6 0

3 years ago