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IceJOKER [234]
3 years ago
14

here are 20 employees in a company each employee worked 8 hours in a day and there a 5 days in week. In a particular week employ

ees worked 1000 hours per week. The basis rate is $10 while overtime premium is paid time a half. Calculate the Total gross pay of the 20 employees of the week?$11500$12000$11000$13500
Business
1 answer:
Evgen [1.6K]3 years ago
8 0

Answer:

11000

Explanation:

20 x 8 x 5 = 800 hours at $ 10 = $ 8000

1000 hours - 800 hours = 200 hours at 150% (time and a half) = $ 2000 x 1.5 = $ 3000

$ 8000 + $ 3000 = $ 11000

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1. Descriptive statistics ________. quickly describe large amounts of data can predict future stock returns with surprising accu
nika2105 [10]

Answer:

1. quickly describe large amounts of data

2. the stock is worth 15% more at the end of the year than at the beginning

3. 9.2%

Explanation:

Descriptive statistics helps to quickly describe large amounts of data because it simply involves using certain measurement tools to describe the data seen such that patterns emerge that will help in analyzing the data. Examples include, frequency tables and measures of variation like range and standard deviation.

When a stock has a 15% return, it means that the owner is getting 15% more than the amount that the stock cost them therefore showing that the stock is worth 15% more at the end of the year than at the beginning.

The return on the stock is;

= (4.75 - 4.35) / 4.35

= 9.2%

3 0
3 years ago
Sheridan Company began the year with retained earnings of $659000. During the year, the company recorded revenues of $600000, ex
Margarita [4]

Answer:

C. $737,500

Explanation:

The formula to compute the ending balance of retained earning is shown below:

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

= $659,000 + $220,000 - $141,500

= $737,500

The net income is calculated below:

= Sales revenues - expenses

$600,000 - $380,000

= $220,000

3 0
3 years ago
Jamie is single. In 2020, she reported $108,000 of taxable income, including a long-term capital gain of $5,800. What is her gro
svetoff [14.1K]

Answer:Jamie's gross tax liability is $19,572.50

Explanation:

Since Jamie is single with taxable income of $108,000 which  includes $5,800 long term capital gain.

Therefore  $102,200 (108,000 -5,800) will be taxed under normal tax rates and $5,800 would be under long term capital gain tax rate.

With regards the 2020 tax schedule,  Since her ordinary income is  $102,200, Jamie falls under 24% rate tax bracket under filing for single status.

qd

Tax liability on ordinary income =$14,382.50 plus 24% of any income you made above $84,200

14,382.50 + 0.24 (102,200 - 84,200)

14,382.50 + 0.24 x 18000

                 = 14,382.50 + 4,320

                 = $18,702.50

Also, according to her income, longterm capital gain tax applicable in 2020 is 15%

Tax on long term capital gain = 5,800 × 0.15

                                              = $870

Jamie's gross tax liability is $18,702.50 + 870 = $19,572.50

6 0
3 years ago
Zwick Company bought 25,000 shares of the voting common stock of Handy Corporation in January 2021. In December, Handy announced
sp2606 [1]

Answer:

$125,000

Explanation:

Zwick company bought 25,000 shares of Handy corporation

In 2021 Handy corporation reported $208,100 net income

The cash dividend reported is $5.00 per share on all its 208,000 shares

Therefore the Zwicks company dividend revenue from Handy corporation in December 2021 can be calculated as follows

= 25,000 shares × $5.00

= 125,000

Hence Zwick's dividend revenue from Handy corporation is $125,000

8 0
4 years ago
Read 2 more answers
Brandon, the general manager of Pelantis International Hotel, promises Theodore, the director of marketing and sales of the hote
NISA [10]

Answer:

Transactional leadership

Explanation:

This leadership involves an exchange process whereby followers get immediate and tangible rewards for carrying out the leader’s orders. The leader can clarify what is expected of followers´ performance explaining how to meet such expectations and allocating rewards that are contingent on meeting objectives.

4 0
3 years ago
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