suzy smart works part-time in the handi mart convenience store. the manager at handi mart requires that each clerk arrive fifteen minutes prior to the start of the shift so that the clerk going off duty can review the sales figures and cash status with the replacement before leaving, but her extra fifteen minutes of working time was never recorded. under which act can suzy and her co-workers sue the store and the manager?
Answers
The act can Suzy and her co-workers sue the store and the manager The Fair Labor Standards Act.
What three things did the Fair Labor Standards Act do in particular?The bill generally mandated a minimum wage of 40 cents per hour, a 40-hour workweek, and a minimum working age of 16, with the exception of several industries other than mining and manufacturing.
What did the Fair Labor Standards Act of 1938 aim to achieve?By creating federal requirements for minimum wages, overtime pay, child labor, and business recordkeeping, the FLSA aimed to encourage better working conditions. The full-time and part-time employees in the public and private sectors, as well as employers, are all impacted by the FLSA.
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Related Questions
In 2008, Federal Reserve Chairman Ben Bernanke made credit more available within the U.S. financial system by loaning money to banks. This action was to encourage a(n) (4 points) Group of answer choices contraction expansion peak trough
Answers
The action will encourage expansion.
When the financial crisis came, people bought billions of dollars in equities, mortgage instruments, and bonds straight from the United States Treasury.
Expansionary policy aims to stimulate company investment and consumer spending by infusing money into the economy, either directly through government deficit spending or through increased lending to firms and consumers.
Tax cuts and the increased government expenditure are the two primary elements of the expansionary fiscal policy. Both of these program aim to boost aggregate demand while adding to deficits or reducing budget surpluses.
Therefore, the answer is expansion.
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How can an employee best help to maintain a positive work environment?
ОА.
Avoid interacting with other staff members.
OB.
Focus on the good things.
O C.
Socialize every evening with other staff members.
OD.
Maintain good relations with the management.
Answers
D. Maintain good relations with the management.
Answer:
it is (C)
Explanation:
Suppose the marginal product of labor is MPN = 200 - 0.5N where N is aggregate employment. The aggregate quantity of labor supplied is 100 + 4w, where w is the real wage. The government imposes a minimum wage of 60. How much unemployment will this create among unskilled labor?
a. 0 b. 60 c. 80 d. 100
Answers
Given the marginal product of labor function as,MPN = 200 - 0.5N, where N is the aggregate employment.The aggregate quantity of labor supplied is given by,QL = 100 + 4w, where w is the real wage.The government imposes a minimum wage of 60.
Therefore, the real wage is given by,w = 60The aggregate quantity of labor supplied is,Q L = 100 + 4w= 100 + 4(60)= 100 + 240= 340The firms will employ the labor upto the point where the real wage is equal to the marginal product of labor. Therefore, equilibrium employment is found by equating Q L and MPN as,340 = 200 - 0.5N0.5N = 200 - 340N = - 280 < 0Since the solution to the employment is negative, it implies that the firms will not hire any workers since the cost of hiring exceeds the value generated by labor.The government has set a minimum wage of 60. Therefore, the firms will hire only those workers whose marginal product is greater than or equal to the minimum wage. The minimum value of marginal product of labor greater than or equal to 60 is,200 - 0.5N ≥ 60=> 0.5N ≤ 140=> N ≤ 280Therefore, the firms will hire only those workers whose employment level is 280 or less. However, the total labor supply in the economy is 340 units.Therefore, the unemployment in the unskilled labor is,Unemployment = QL - N= 340 - 280= 60Thus, the correct option is b) 60.
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Those who manage the work on the front lines are most involved with what component of the planning process?.
Answers
Those in charge of monitoring action on the front lines typically handle the operational planning element of the planning process.
Operational planning is a helpful document that details the primary duties and objectives a company will pursue during a specified time period, typically a year
What is more about planning process.Planning is the act of dividing one's thoughts into manageable steps. Planning is divided into four primary categories: strategic, tactical, operational, and contingency planning. To determine their goals and objectives, organizations use the strategic planning process.
Operational planning is a helpful document that details the primary duties and objectives a company will pursue during a specified time period, typically a year. It frequently has connections to finance agreements and, in a broader sense, to the organization's strategic objective.
A manufacturer developing a plan to increase sales by 30% is an example of operational planning.
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Why must a cash book always shows a debit balance
Answers
Answer: It should be noted that the total of the debit side of the cash book always exceeds the credit side. It is because business cannot pay more cash than what he has got. If the money is paid by borrowing from someone, it will first be recorded on the receipts side and only then it will be shown on the payment side. Hence, the cash book always shows a Debit balance or at the most nil balance but can never show a credit balance.
Explanation:
The Hawkins Supply company is currently faced with an inventory rotation problem. This difficulty stems from the fact that some supplies must be used prior to a stated expiration date. Upon receipt, a new shipment of these perishable items must be stacked beneath the boxes that are currently in inventory. A substantial amount of time is consumed in restacking the items according to their expiration dates.
Answers
Here's the completed question.
Question: The company would like to reduce the double and sometimes triple handling of items. How can this goal be achieved? Are there alternative solutions which might also be effective?
Answer:
1. Using the Just in Time Management inventory technique.
2. Using automated inventory processing systems, changing physical layout of warehouse.
Explanation:
1. The Just in time method would allow Hawkins Supply company to quickly process its inventory by adopting a principle of processing smaller batches with reduced factory space. Doing so would minimise the worries about expired inventory since the inventory isn't excessive.
2. There are automated softwares such as the KANBAN system that would automated the process, requiring lesser use receipts to track inventories. Another alternative is to restructure the warehouse by making provision for racks that could be numbered serially to easily find desired inventory.
The expected return on the market will increase if the risk-free rate _________ or if the market risk premium _____.
Answers
Answer:
The expected return on the market will increase if the risk-free rate increases or if the market risk premium increases, because RMRM=RF- risk premium.Explanation:
please mark me as brainlistWhich of the following would be a business selling the same thing in another country?
Answers
if I'm wrong please give more details? and ice cream parlour?
Answer:
I think cafe or Hotel will be the best business in another county.
article 9 of the code of ethics about written agreements requires realtors® to
Answers
Article 9 of the Code of Ethics about written agreements requires Realtors to make reasonable efforts to reduce their verbal agreements to written agreements.
The National Association of Realtors has a code of ethics that each member must follow. The code of ethics serves as a guideline to ensure that members act professionally and ethically in their dealings with clients. One of the most important provisions in the Code of Ethics is Article 9, which relates to written agreements. Article 9 requires Realtors to make a reasonable effort to reduce their verbal agreements to writing.
This requirement is essential because it helps prevent misunderstandings between Realtors and their clients. By putting their agreements in writing, the parties can avoid confusion over what was agreed upon and have a clear record of their understanding if any disputes arise in the future. Realtors can create written agreements using standard forms approved by their local or state Realtor association or legal counsel. Therefore, Article 9 of the Code of Ethics requires Realtors to make reasonable efforts to reduce their verbal agreements to written agreements.
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Losses from a line of insurance follow a Pareto distribution 2 and 0 = 2000. An insurer sells policies that pay 100% of each loss up to 5000. Next year, the insurer changes the policy terms so that it will pay 80% of each loss after applying a 100 deductible. The 5000 limit continues to apply on the original loss amount. Inflation will be at 4%. Calculate the decrease in the insurer's expected payment per loss.
Answers
The decrease in the insurer's expected payment per loss is $880.
What are the main components of the income statement and how are they calculated?To calculate the decrease in the insurer's expected payment per loss, we need to compare the expected payment under the original policy terms and the expected payment under the new policy terms.
Under the original policy terms:
The insurer pays 100% of each loss up to 5000.The losses follow a Pareto distribution with shape parameter α = 2 and scale parameter θ = 2000.Under the new policy terms:
The insurer pays 80% of each loss after applying a 100 deductible.The losses still follow the same Pareto distribution.To calculate the decrease, we need to find the difference between the expected payment per loss under the original policy and the expected payment per loss under the new policy.
Please provide a moment while I calculate the decrease in the insurer's expected payment per loss.
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if example your a newbie and inexperienced what kind of business would you do in your newly made business account also if your interested in Nightcore songs and an underage?
Answers
Answer:
I want be doctor but still I can do the business of handicrafts . I don't like nightcore songs .
Answer:
wanna be a doctor if I want buissnes maybe art I donno.
Explanation:
do you watch anime which one
In pure competition, producers compete exclusively on the basis of
a. selling identical items.
b. advertising heavily to promote their good.
c. producing the unique features of their good.
d. focusing on maintaining a positive image.
Answers
Answer:
a. selling identical items.
Explanation:
A pure competition market is characterized by many firms selling a homogeneous product in a market with many buyers. There are no dominant suppliers; hence no single or group of sellers can influence the price. Pure competition is also the perfect competition.
The key characteristics of pure competition are
There are many buyers and sellersAll firms sell an identical productAll sellers are price takers. None can influence pricesThere is intense competition due to the high number of sellersEase of entry and exit from the market.A. selling identical items.
97) You have just been hired as a security consultant by MegaMalls Inc., a chain of retail malls, to make sure that the security of their information systems is up to par. Outline the steps you will take to achieve this.
Short Answer:
Answers
MegaMalls Inc. can ensure that its information systems are secure and that it is effectively protecting its data and assets against potential security threats.
Why will be Outline the steps you will take to achieve this?As a security consultant hired by MegaMalls Inc., to ensure the security of their information systems, here are the steps I would take:
Perform a risk assessment: The first step would be to assess the current state of the organization's security systems. This would involve identifying potential security risks and vulnerabilities in their systems, including their network infrastructure, hardware, software, and processes.Develop a security policy: Based on the results of the risk assessment, I would develop a comprehensive security policy for MegaMalls Inc. This policy would outline best practices for maintaining the security of the organization's information systems, including guidelines for employee access and password management, data backup and recovery, and incident response.Implement security controls: After developing the security policy, the next step would be to implement security controls that align with the policy. This could include implementing firewalls, intrusion detection and prevention systems, access controls, and security software.Conduct employee training: A crucial component of any security program is employee training. I would develop and implement a training program for employees that would teach them best practices for maintaining the security of their systems and data.Perform ongoing monitoring and testing: The final step would be to continually monitor and test the organization's security systems to ensure that they are functioning effectively. This would involve conducting regular security audits and vulnerability assessments, as well as testing the organization's incident response plan.Learn more about effectively protecting
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Elijah and Aneesha are farmers. Each one owns an 18-acre plot of land. The following table shows the amount of watermelon and zucchini each farmer
can produce per year on a given acre. Each farmer chooses whether to devote all acres to producing watermelon or zucchini or to produce watermelon
on some of the land and zucchini on the rest.
Answers
Aneesha can also produce a total of 72,000 lbs of watermelon and 14,400 lbs of zucchini.
What is the total produce?Generally, Watermelon (lbs/acre) | Zucchini (lbs/acre)
------------------------|--------------------
4,500 | 800
If Elijah and Aneesha both choose to grow both watermelon and zucchini, Elijah can produce a total of 72,000 lbs of watermelon (4,500 x 18 acres) and 14,400 lbs of zucchini (800 x 18 acres).
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A July sales forecast projects that 6,800 units are going to be sold at a price of $11. 30 per unit. Management forecasts 15% growth in sales each month. Total July sales are anticipated to be:
Answers
The total sales in July of the forecasts are $76,840.
What are the sales?
A sale refers to the act of exchanging goods or services for money or other valuable consideration. It is a transaction in which a seller agrees to transfer ownership of a product or service to a buyer in exchange for payment. The term "sale" can refer to a specific event or promotion in which products or services are offered at a discounted price or with other incentives to encourage purchases. Sales can take place in physical locations such as stores or online through e-commerce platforms.
To find the total sales in July, we need to first calculate the sales in each month and then add them up.
Sales in July: 6,800 units × $11.30 per unit = $76,840
Sales in August: 6,800 units × 1.15 × $11.30 per unit = $88,002
Sales in September: 6,800 units × (1.15)² × $11.30 per unit = $101,202.70
Sales in October: 6,800 units × (1.15)³ × $11.30 per unit = $116,383.61
Sales in November: 6,800 units × \((1.15)^{4}\) × $11.30 per unit = $133,718.05
Sales in December: 6,800 units × \((1.15)^{5}\) × $11.30 per unit = $153,408.76
Therefore, the total sales in July are $76,840.
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Vera examined a random sample of deodorants distributed by her company. She found the following probabilities:.
Answers
Vera examined a random sample of deodorant distributed by her company and she found a probability of 0.82.
P=0.55 for males.
P=0.18 for botanical fragrance
P=0.05 for men and botanic
Given that deodorant has a botanical aroma, we need to determine the likelihood that it is for guys.
(For men/Botanical smell) i.eP
The condition probability formula is P (A | B ) = P (A U B ) / P (B)
P for men/Botanic scent = P ( F or men and botanic ) / P (botanic scent)
P(For men/Botanical fragrance) = 0.05/ 0.18
P=0.28 (For men/Botanical smell)
Simply put, the probability is the likelihood that something will occur. When we don't know how an event will turn out, we might discuss the likelihood or likelihood of several outcomes. Statistics is the study of occurrences that follow a probability distribution.
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Adrian Sonnetson, the owner of Pembina Motors, is considering the addition of a paint and body shop to his automobile dealership. Construction of a building and the purchase of necessary equipment is estimated to cost $789,500, and both the building and equipment will be depreciated over 10 years using the straight-line method. The building and equipment have zero estimated residual value at the end of 10 years. Sonnetson’s required rate of return for this project is 12 percent. Net income related to each year of the investment is as follows:
Revenue $640,400
Less:
Material cost 69,900
Labor 150,400
Depreciation 78,950
Other 10,000
Income before taxes 331,150
Taxes at 40% 132,460
Net income $198,69
Net present value
Payback periodenter payback period in years rounded to 1 decimal place years
Accounting rate of return
enter the accounting rate of return in percentages rounded to 2 decimal places %
Please show all work t
Answers
The net present value (NPV) for this investment is $1,203,958.16.
The net present value (NPV) is a financial metric used to evaluate an investment's profitability. To calculate the NPV, we need to discount the net income for each year to account for the time value of money. The formula for NPV is:
NPV = ∑ (Net Income / (1 + Required Rate of Return)^Year)
where ∑ represents the sum of all the years.
In this case, we have the net income for each year over a 10-year period. The required rate of return is given as 12%.
To calculate the NPV, we first need to calculate the discounted net income for each year. Let's go through the steps:
1. Calculate the discounted net income for each year:
Year 1: $198,690 / (1 + 0.12)^1 = $177,241.07
Year 2: $198,690 / (1 + 0.12)^2 = $158,039.47
Year 3: $198,690 / (1 + 0.12)^3 = $140,924.22
Year 4: $198,690 / (1 + 0.12)^4 = $125,578.34
Year 5: $198,690 / (1 + 0.12)^5 = $111,735.84
Year 6: $198,690 / (1 + 0.12)^6 = $99,171.49
Year 7: $198,690 / (1 + 0.12)^7 = $87,690.02
Year 8: $198,690 / (1 + 0.12)^8 = $77,121.45
Year 9: $198,690 / (1 + 0.12)^9 = $67,314.59
Year 10: $198,690 / (1 + 0.12)^10 = $58,142.67
2. Sum up all the discounted net incomes:
NPV = $177,241.07 + $158,039.47 + $140,924.22 + $125,578.34 + $111,735.84 + $99,171.49 + $87,690.02 + $77,121.45 + $67,314.59 + $58,142.67 = $1,203,958.16
Therefore, the net present value (NPV) for this investment is $1,203,958.16.
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On the balance sheet, the account Premium on Bonds Payable is: Select one: a. Deducted from Bond Interest Expense b. Added to Bond Interest Expense c. Added to Bonds Payable d. Deducted from Bonds Payable
Answers
c. Added to Bonds Payable. This means that the company received more cash than the bond's face value, which results in an increase in the liability account "Bonds Payable.
Premium on Bonds Payable is a contra liability account that represents the excess of the cash received from the issuance of bonds over the face value of the bonds. This means that the company received more cash than the bond's face value, which results in an increase in the liability account "Bonds Payable." Therefore, the Premium on Bonds Payable is added to the Bonds Payable account to arrive at the total bond liability that is reported on the balance sheet. It is not deducted from Bond Interest Expense, as this account represents the interest expense incurred by the company on the bonds over their life.
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Name two books of prime entry that are also books of double entry?
Answers
Answer:
Cash payment journal
Petty cash payment journal
Explanation:
3.amade a contract to construct a house forb. subsequently,bsuedafor breach of contract.araised thedefense that the contract was not binding because it was not sealed. is this a valid defense?
Answers
It depends on the specific laws and regulations in the jurisdiction where the contract was made. In some places, contracts may require a seal or other formalities to be considered legally binding.
However, in many modern legal systems, the requirement for a seal has been eliminated or greatly reduced, and a simple written or oral agreement may be sufficient to create a binding contract. If the contract between A and B was made in a jurisdiction where a seal is required and A did not fulfill that requirement, then B's defense of a non-binding contract may be valid.
However, if the contract was made in a jurisdiction where a seal is not required or if A fulfilled all necessary formalities, then B's defense may not hold up in court.
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Which of the following is most likely to be a benefit of storing the information from each calling session in a database? The company can analyze the calling session data and thereby make better business decisions. The company can analyze the calling session data and thereby make better business decisions. A The company can ensure that customer information is protected from misuse. The company can ensure that customer information is protected from misuse. B The company can reduce the costs associated with data storage. The company can reduce the costs associated with data storage. C The company can reduce its need for data compression.
Answers
Answer:
The company can analyze the calling session data and thereby make better business decisions.
Explanation:
Feedback from the customer and a view of how the customer pictures a company is a very important tool used to change future decisions a business makes.
This will influence decisions that will make the company more competitive and satisfy it's customers.
In the given instance a benefit of storing the information from each calling session in a database is that information gleaned from such calls will guide management in making customer friendly policies in the future.
3 Prepare an income statement for Jones Co. for the year ending December 31, 2018, using the following data.
Cash 8,000
Miscellaneous Expense 100
Wages Expense 150
Rent Expense 200
Fees Earned 11,000
Office Expense 200
Accounts Payable 3,000
Answers
The net income for Jones Co in 2018 equals $18,350.
What is income statement?The financial statement shows a company's revenues, expenses and profitability over a period of time. Its computes the revenue from selling products or services and expenses to generate the revenue and manage your business.
The income statement for the year ending December 31, 2018 is prepared as follows:
Income Statement
Revenue
Cash 8,000
Fees Earned 11,000
19,000
Expenses
Miscellaneous Expense 100
Wages Expense 150
Rent Expense 200
Office Expense 200 650
Net Income $18,350
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Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.
Answers
($14)(25)=$350
($25)(11)=$275
$350+$275= $625
hank is a u.s. citizen and is doing a three to six-year assignment as a sales executive in paris for a french company, which began this year. hank earned $109,500 working for the french company this year but only lived in france for 180 days (out of 365 days). he will live full-time in france next year. what amount of hank's $109,500 salary this year will he be allowed to exclude from gross income in the u.s. (rounded to the nearest one-hundred dollars)? g
Answers
Hank may be able to exclude a portion of his income earned while working in France from his US gross income, depending on the foreign earned income exclusion rules.
In 2022, Hank will likely be eligible to exclude up to $110,600 (adjusted annually for inflation) of his foreign earned income from US taxation. However, since Hank only lived in France for 180 days this year, he may not meet the requirements to claim the full exclusion. The exclusion is prorated based on the number of days Hank was physically present in France, so he may be able to exclude approximately $59,794 (180/365 x $110,600 x 1) from his US gross income for this year.
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In economics, actions by individuals and interest groups designed to influence public policy in a manner that will either directly or indirectly redistribute more income to themselves are known as.
Answers
Rent-seeking refers to individuals and interest groups' efforts to influence public policy to either directly or indirectly transfer more revenue to themselves.
Rent-seeking is a tactic for gaining more profit or money above and the minimal payment necessary to keep the resources functioning at someone else's expense individuals'.
The rent seeker seeks to maximize its income for a resource it offers by transferring the financial burden to others. It also frequently has additional negative implications, such as increased economic disparity, lost government revenues, and less competitiveness. Rent-seeking does not boost the economic expense of individual output.
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Companies provide compensation and benefits to employees. Read the description in each box
and identify whether it best describes base pay, variable pay, or benefits.
1. Examples include
paid time off, health
insurance, and
retirement savings
plans.
4. Compensation found
in each and every
paycheck.
7. total compensation =
base pay +
10. The larger type of
compen- sation if one
car salesperson earns a
$40,000 per year salary
and the other sales-
person sells 350 cars, of
which he earns
$100/car.
2. Examples include
sales commissions,
performance bonuses,
and safety awards.
5. Has either monetary
or nonmonetary value.
8. Not a form of
compensation.
11. Provides incentives
to employees who
exceed expectations.
3. Examples include
annual salaries and
hourly wages.
6. Compensation not
necessarily found in
each and every
paycheck.
9. A salesperson gets
this type of
compensation when she
earns $25 for each
computer she sells.
12. When companies
have a limited amount of
money, they can use
this to help recruit and
retain workers.
Answers
Answer:
paid time of health insurance
The Architecture and Construction career cluster is a group of careers focused on
O designing, constructing, and maintaining buildings and other structures,
O assembly of buildings and structures.
O designing and planning buildings.
O identifying the safety standards for building regulations.
Answers
The correct answer is Designing, constructing, and maintaining buildings and other structures.
Explanation:
A career cluster groups different careers related to the same area of knowledge and similar applications. In the case of architecture and construction, this includes careers such as architecture, civil engineering, carpentry, paving operators, etc. Moreover, these careers are all related to creating buildings or structures, which involve designing or planing the structures, then constructing them, and finally, dealing with the maintenance of the building. This includes the creation of houses, bridges, roads, etc.
Answer:
answer is A
designing constructing, and maintaining buildings and other structures.
Explanation:
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Which of the following is not a way to finance your new business.
A. loans from family/friends
B.your own money
C.loan from a bank
D.sweat equity
Answers
Answer:
sweat equity
Explanation:
Hope this helps! Can I have the crown thingy
Maximum profit can occur when marginal profit is zero. True O False
Answers
The statement "Maximum profit can occur when marginal profit is zero" is not entirely true. The correct answer is False.
What is Marginal profit?Marginal profit refers to the additional profit a company generates by producing one more unit of a product or providing one more service. Marginal profit is zero when the total cost of producing an additional unit of a product equals the total revenue earned from selling that unit of the product. The additional benefit that a company would get from producing one more unit would be equal to the additional cost of producing one more unit. Hence, the profit would not increase or decrease.
At that stage, the company is operating at the highest point of its production efficiency and producing beyond this point would result in decreasing profits. Therefore, at this point, the firm has reached its optimal capacity.
The maximum profit is obtained when the marginal cost is equal to marginal revenue. Therefore, the statement "Maximum profit can occur when marginal profit is zero" is not entirely true.
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A widower owned a car repair business, including the garage out of which it operated. Upon his retirement, the widower sold the business to an employee and deeded a 50 percent ownership interest in the garage to the employee in exchange for the employee's payment to the widower of the fair market value of both the business and the share of the garage. Within the same deed, the widower deeded the remaining 50 percent interest in the garage to his daughter. The deed specified that his daughter held her interest jointly with the employee's 50 percent interest and that the survivor would take sole ownership of the garage. Upon the employee's death, his real property interests passed by will to his child by a prior marriage.
Who owns the garage?
Answers:
A. The daughter, because she owned the property as a joint tenant with the right of survivorship.
B. The daughter and the employee's child each hold a 50 percent interest, because rights of survivorship may only be created between married persons.
C. The employee's child, because the employee paid fair market value for the business while the daughter did not.
D. The daughter and the employee's child each hold a 50 percent interest, because they are tenants in common.
Answers
A. The daughter is the owner of the garage because the deed stated that she was a joint tenant with the employee's 50% stake and that the sole ownership would pass to whoever survived.
The answer is A in light of the given circumstances. The deed stated that the daughter held joint tenancy with the employee's 50% stake and that the survivor would assume sole ownership, therefore she now owned the garage. If one joint tenant dies during a joint tenancy, the surviving joint tenant will instantly become the property's sole owner due to the right of survivorship. As a result, the employee's daughter received a 50% stake in the property upon the employee's death as the surviving joint tenant, while the employee's kid from a previous marriage had no right to the property.
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