The attack that this person is experiencing is known as Social Engineering.
The given scenario is depicting a social engineering attack. Social engineering attacks are those attacks that deceive, trick, or manipulate individuals into breaking security procedures, installing malicious software, or divulging sensitive data. In the given scenario, a person calls the worker and tells him that he is a lawyer for the company and asks him to send confidential documents to him immediately or else. Social engineering attacks are carried out by the attackers who take advantage of human behavior to gain access to sensitive information or networks.
The attackers aim to trick the victim and convince them to perform an action that will allow them access to sensitive information. These attackers employ a variety of methods to deceive their victims, such as impersonation, phishing, pretexting, baiting, or tailgating. These attacks can occur through phone calls, social media, emails, or physical contact.
In the given scenario, the caller is using a pretexting technique to gain access to the sensitive information of the company. The caller is pretending to be a lawyer for the company to gain the confidence of the worker and convincing him to send the confidential documents. This is a classic social engineering attack.
The workers should be trained to identify these attacks and prevent such attacks. They should be made aware of the different techniques used by the attackers and what they should do to prevent such attacks.
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Swallow Corporation owns 12% of Brown Corporation's stock. How much is Swallow's taxable income or NOL for the year?
Swallow's taxable income will be able to provide a precise calculation based on the available details and assist in determining Swallow Corporation's taxable income or NOL for the year.
To determine Swallow Corporation's taxable income or NOL for the year, you would need to consider factors such as the financial performance of Swallow Corporation, including its revenues, expenses, deductions, credits, and applicable tax laws. Taxable income is generally calculated by subtracting allowable deductions, exemptions, and credits from total income. Net Operating Loss (NOL) occurs when deductions exceed income in a given year, and it can be carried forward or backward to offset taxable income in other years. To accurately determine Swallow Corporation's taxable income or NOL, it is recommended to consult with a qualified tax professional or accountant who can analyze the specific financial information and apply the relevant tax regulations in your jurisdiction. They will be able to provide a precise calculation based on the available details and assist in determining Swallow Corporation's taxable income or NOL for the year.
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Dawn Browne, an investment broker, has been approached by client Jack Thomas about the risk of his investments. Dawn has recently read several articles concerning the risk factors that can potentially affect asset returns, and she has decided to examine Jack’s mutual fund holdings. Jack is currently invested in the Fidelity Magellan Fund (FMAGX), the Fidelity Low-Priced Stock Fund (FLPSX), and the Baron Small Cap Fund (BSCFX).
Dawn would like to apply the well-known multifactor model proposed by Eugene Fama and Ken French to determine the risk of each mutual fund. Here is the regression equation for the multifactor model she proposes to use:
In the regression equation, Rit is the return on Asset i at Time t, RFt is the risk-free rate at Time t, and RMt is the return on the market at Time t. Thus, the first risk factor in the Fama–French regression is the market factor often used with the CAPM.
The second risk factor, SMB, or "small minus big," is calculated by taking the difference in the returns on a portfolio of small-cap stocks and a portfolio of big-cap stocks. This factor is intended to pick up the so-called small firm effect. Similarly, the third factor, HML, or "high minus low," is calculated by taking the difference in the returns between a portfolio of "value" stocks and a portfolio of "growth" stocks. Stocks with low market-to-book ratios are classified as value stocks and vice versa for growth stocks. This factor is included because of the historical tendency for value stocks to earn a higher return.
In models such as the one Dawn is considering, the alpha (α) term is of particular interest. It is the regression intercept; but more important, it is also the excess return the asset earned. In other words, if the alpha is positive, the asset earned a return greater than it should have given its level of risk; if the alpha is negative, the asset earned a return lower than it should have given its level of risk. This measure is called "Jensen’s alpha," and it is a widely used tool for mutual fund evaluation.
1. For a large-company stock mutual fund, would you expect the betas to be positive or negative for each of the factors in a Fama–French multifactor model?
2. The Fama–French factors and risk-free rates are available at Ken French’s website: www.dartmouth.edu/~kfrench. Download the monthly factors and save the most recent 60 months for each factor. The historical prices for each of the mutual funds can be found on various websites, including finance.yahoo.com. Find the prices of each mutual fund for the same time as the Fama–French factors and calculate the returns for each month. Be sure to include dividends. For each mutual fund, estimate the multifactor regression equation using the Fama–French factors. How well do the regression estimates explain the variation in the return of each mutual fund?
For a large-company stock mutual fund, we would expect the betas to be positive for each of the factors in a Fama-French multifactor model.
This is because large-company stocks are generally more sensitive to market movements and tend to move in the same direction as the overall market. Therefore, the beta for the market factor should be positive. Additionally, large-company stocks are typically more stable and less volatile than small-company stocks, so we would expect the beta for the SMB factor to be negative. Finally, value stocks tend to outperform growth stocks over long periods, so we would expect the beta for the HML factor to be positive.
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outline 2 advantages to H&H of using secondary market research
Bob is interested in examining the relationship between the number of bedrooms in a home and its selling price. After downloading a valid data set from the internet, he calculates the correlation. The correlation value he calculates is only
0.05
. What does Bob conclude? Bob gives up on his research because
r=.05
means there is no relationship of any kind between bedrooms and selling price. Bob continues his research because even though there is no linear relationship here, there could be a different relationship.
The correlation coefficient is calculated with the aid of figuring out the covariance of the variables and dividing that range by the product of these variables' popular deviations.
What does correlation measure?Correlation is a measure of affiliation that assessments whether or not a relationship exists between two variables. It suggests both the energy of the affiliation and its route (direct or inverse). The Pearson product-moment correlation coefficient, written as r, can describe a linear relationship between two variables.
Correlation is a statistical tool that suggests the association between two variables. Regression, on the other hand, evaluates the relationship between an impartial and a based variable.
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https://brainly.com/question/12479370#SPJ4How much is a standard tip?
•10-15 percent
•15-20 percent
•20-25 percent
•25-30 percent
3.
What is the importance of trade?
United Research Associates (URA) had received a contract to produce two units of a new cruise missile guidance control. The first unit took 4,000 hours to complete and cost $40,000 in materials and equipment usage. The second took 3,600 hours and cost $32,000 in materials and equipment usage. Labor cost is charged at $20 per hour. The prime contractor has now approached URA and asked to submit a bid for the cost of producing another 20 guidance controls. Use and a. What will the last unit cost to build? (Round your answer to the nearest dollar amount.) b. What will be the average time for the 20 missile guidance controls? (Round your answer to the nearest whole number.) c. What will the average cost be for guidance control for the 20 in the contract? (Round your answer to the nearest dollar amount.)
The average cost for guidance control for the 20 in the contract is $112,000, rounded to the nearest dollar amount.
a. Calculation of last unit cost to buildThe cost of producing the first unit of the cruise missile guidance control is $40,000 and it took 4,000 hours to complete. Therefore, the labor cost for the first unit can be calculated as:
4,000 hours × $20/hour = $80,000
For the second unit, the cost was $32,000 and it took 3,600 hours to complete.
Therefore, the labor cost for the second unit can be calculated as: 3,600 hours × $20/hour = $72,000
The average cost per guidance control for the 20 units in the contract = $2,240,000/20 units = $112,000 .
Thus, the total labor cost for both the units = $80,000 + $72,000 = $152,000
Therefore, the average labor cost per hour = $152,000/7,600 hours = $20/hour
Hence, the cost of producing the last unit can be calculated as:
(20 hours × $20/hour) + $32,000 = $400 + $32,000 = $32,400
Therefore, the last unit will cost $32,400 to build.b.
Calculation of the average time for the 20 missile guidance controls
To calculate the average time for the 20 missile guidance controls, we can use the average time per unit of the first two units.
The total time taken to produce the first two units = 4,000 + 3,600 = 7,600 hours
Therefore, the average time per unit = 7,600 hours/2 units = 3,800 hours
Thus, the average time to produce 20 missile guidance controls = 3,800 hours × 20 units = 76,000 hours
Therefore, the average time for the 20 missile guidance controls is 76,000 hours, rounded to the nearest whole number.c.
Calculation of the average cost for guidance control for the 20 in the contract
The total cost of producing the first two units = $40,000 + $32,000 = $72,000
The total labor cost for the first two units = 4,000 hours × $20/hour + 3,600 hours × $20/hour
= $80,000 + $72,000 = $152,000
Therefore, the total cost to produce the first two units including labor = $72,000 + $152,000 = $224,000
The cost per unit for the first two units = $224,000/2 units = $112,000
Therefore, the total cost of producing 20 units can be calculated as:20 units × $112,000/unit = $2,240,000
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After one year using the TopCap system, Jonathan Smith, vice president for marketing at C&C Sports, is convinced that the company could sell even more baseball caps. Apparently, the market demand for plain caps that are suitable for logo embroidery by corporations, fraternities, and other groups is greater than current manufacturers can supply. The potential for C&C Sports to extend its sales of baseball caps beyond the athletic team market is huge.
The initial specifications for the TopCap system required three workers per eight-hour shift to make up to 1,000 caps per day. Based on initial demand forecasts, Jonathan asked Chad Davis, vice president for operations, to make 250,000 caps in the first year the product was offered. Jonathan is convinced that C&C could sell at least 500,000 caps per year with the correct investment in marketing.
Cash Flow Amount
Cash Inflows Sales revenue $625,000
Cash Outflows Purchase and installation of TopCap system 50,265
Purchase of direct materials 500,000
Direct labor 57,600
Variable overhead 37,500
Variable selling expense 12,500
Fixed expenses 7,000
Calculate the Net present Value of the increase in annual operating income if a second shift is used to produce additional caps? Assume that the relevant range for the fixed costs is 750,000 caps. Remember that there are only 9 years of usable life remaining for the TopCap system and that C&C Sports uses a 12% discount rate.
To calculate the net present value (NPV) of the increase in annual operating income from using a second shift to produce additional caps, we need to consider the cash inflows and outflows associated with the expansion.
The cash inflow is the additional sales revenue generated by selling more caps, while the cash outflow includes the costs of direct materials, direct labor, variable overhead, variable selling expense, and fixed expenses. By discounting the cash flows and comparing them to the initial investment, we can determine the NPV of the expansion.To calculate the NPV, we first need to determine the incremental cash flows resulting from the use of a second shift to produce additional caps. The additional caps produced would contribute to the sales revenue. Given that C&C Sports can sell at least 500,000 caps per year, we can calculate the additional sales revenue as:
Additional sales revenue = (Additional caps sold) × (Selling price per cap)
Additional sales revenue = (500,000 - 250,000) caps × ($625,000 / 250,000 caps) = $1,250,000.Next, we need to consider the additional costs associated with producing the extra caps. Direct materials, direct labor, variable overhead, and variable selling expense are all relevant costs that would increase with the production of more caps.
Total additional costs = Additional direct materials + Additional direct labor + Additional variable overhead + Additional variable selling expense
Total additional costs = ($500,000 - $57,600) + ($57,600 × 2) + ($37,500 × 2) + ($12,500 × 2) = $792,200.The fixed expenses of $7,000 remain unchanged since they are not affected by the increase in production.
Now, we can calculate the net cash flow by subtracting the additional costs from the additional sales revenue:
Net cash flow = Additional sales revenue - Total additional costs
Net cash flow = $1,250,000 - $792,200 = $457,800
To calculate the NPV, we discount the net cash flow using the 12% discount rate and consider the remaining 9 years of usable life for the TopCap system. Using a financial calculator or spreadsheet software, we can determine the NPV of the increase in annual operating income. By comparing the NPV to the initial investment of $50,265 for the TopCap system, we can assess the financial feasibility and profitability of using a second shift to produce additional caps.
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Clemson University Urgently needed $30 million to properly execute a student testing plan during fall of 2020. Clemson approached by a commercial paper dealer offering to sell an issue for Clemson. The dealer indicates that Clemson could sell a $30 million issue maturing in 270 days at an interest rate of 8. 5 percent per annum (deducted in advance). The fee to the dealer for selling the issue would be 1. 5% of the issue size. What was annual financing cost of Clemson to secure large-scale testing
The financing cost of Clemson to secure the investment will be $2.2875 million.
How to calculate the financing costFrom the information, we've to calculate the simple interest first. This will be:
= PRT/100
= (30 × 0.75 × 8.5)/100
= 1.9125 million
The fee is 1.25% of the issue size. This will be:
= 1.25% × $30 million
= $375000
Therefore, the financing cost will be:
= $1.9125 million + $0.375 million
= $2.2875 million
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PLZ HELP! I WILL GIVE BRAINLIEST+30 POINTS!
What are some examples of duties Information Support and Service workers perform ?
A.Write and create information for up and coming nursing students.
B.Research, design, and maintain websites for clientle.
C.Create lesson plans for kindergarden through K-12 students.
D.Provide critical feedback to companies on the quality of their products and practices.
Answer:
The answer would be D
Explanation: Due to the fact that it is called "Information Support and Service" it would logical for the answer to be D because you would be providing feedback which would be giving information.
Hope this helps<3
The examples of duties of information support and service workers is to provide critical feedback to companies on the quality of their products.
What is Information Support and Service Employment?Installing and configuring PC hardware, software, structures, networks, printers, and scanners monitoring and preserving PC structures and networks.
Responding in a well-timed way to carrier troubles and requests. Providing technical assistance throughout the organization. This will be in person or over the phone.
So from the above clarification, it's clear that choice D, which offers important comments to businesses at the high-satisfactory in their merchandise and practices, is the ideal choice.
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What is a typical first transaction for a business?
a) Purchase of a building
b) Withdraw cash from company's bank account
c) Invests cash into business
d) Purchase Land
If the economy is at short-run equilibrium point b because of a negative supply shock, the Federal Reserve could enact an expansionary monetary policy, thus shifting the new equilibrium to point _____. As a result of this, the price level would _____ and real output would _____.
If the economy is at short-run equilibrium point b because of a negative supply shock, the Federal Reserve could enact an expansionary monetary policy, thus shifting the new equilibrium to point c. As a result of this, the price level would rise and real output would increase.
Expansionary monetary policy involves increasing the money supply, lowering interest rates, and encouraging borrowing and spending. This stimulates demand, which puts upward pressure on prices and output. By shifting the equilibrium to point c, the economy would return to its long-run potential output level, which would restore full employment and stable prices.
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List and explain four ways an entrepreneur can help his or her local
community
Answer: 1) Sponsor non-profit organizations in the community. ...
2) Incorporate volunteering in the company mission. ...
3) Design a business model that gives back. ...
4) Contribute to the local economy. ...
5) Promote local businesses.
Explanation:
I hope this helps!
Question 10 (5 points)
Two prescreening tools for job candidates are the resume and the
employment essay.
advertisement.
application.
letter of recommendation.
The correct answer is C. Application
Explanation:
When employers pre-screen job candidates they verify basic information about candidates such as background, education, skills, experience, etc. to determine if a candidate is suitable for a job and he/she should be interviewed or continue in the process of selection for the job.
In this context, the two main tools used by employers are the resume and the job application. These two documents provide information about the candidate's education, experience, skill, and similar but in the case of the application the information es concise and very specific, while resumes are more detailed and the candidate can include as much information as she/he wants. Thus, the two prescreening tools for job candidates are the resume and the application.
Answer: Application
Explanation: I just took the test
Hope this helps.
use the following information to answer this question. windswept, incorporated 2022 income statement (in millions) net sales $ 9,950 cost of goods sold 8,060 depreciation 495 earnings before interest and taxes $ 1,395 interest paid 116 taxable income $ 1,279 taxes 448 net income $ 831 windswept, incorporated 2021 and 2022 balance sheets (in millions) 2021 2022 2021 2022 cash $ 290 $ 320 accounts payable $ 1,610 $ 1,535 accounts receivable 1,120 1,020 long-term debt 1,160 1,360 inventory 1,990 1,785 common stock 3,460 3,430 total $ 3,400 $ 3,125 retained earnings 700 950 net fixed assets 3,530 4,150 total assets $ 6,930 $ 7,275 total liabilities
The equity multiplier for 2021 is 2.67 times.
The equity multiplier is a financial ratio that measures the relationship between total assets and stockholders' equity. It indicates the degree of financial leverage or the amount of debt used to finance a company's assets.
To calculate the equity multiplier, we need the total assets and stockholders' equity for 2021. From the given information:
Total assets for 2021 = $6,900 million
Stockholders' equity for 2021 = Common stock + Retained earnings = $2,930 million + $3,970 million = $6,900 million
Using the formula for the equity multiplier:
Equity Multiplier = Total Assets / Stockholders' Equity
Equity Multiplier = $6,900 million / $2,900 million
Equity Multiplier = 2.67 times
Therefore, the equity multiplier for 2021 is 2.67 times. This indicates that the company has utilized debt to finance its assets at a ratio of approximately 2.67 times the stockholders' equity.
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Use the following information to answer this question: Windswept, Incorporated 2021 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $ 10,350 7,800 405 $ 2,145 94 $ 2,051 431 $ 1,620 Cash Accounts received Inventory Total Net fixed assets Total assets Windswept, Incorporated 2020 and 2021 Balance Sheets ($ in millions) 2020 2021 $ 250 $ 280 Accounts payable 1,050 950 Long-term debt 1,910 1,700 Common stock $ 3,210 $ 2.930 Retained earnings 3,420 3,970 $ 6,630 $ 6,900 Total liabilities & equity 2020 $ 1,670 1,040 3,300 620 2021 $ 1,707 1,323 3,000 870 $ 6,630 $ 6,900 What is the equity multiplier for 2021? What is the equity multiplier for 2021? Multiple Choice 1.78 times 2.67 times 2.30 times 3.45 times 132 times
________ is a measure of an organization's ability to meet its current debt obligations.
a, Profitability
b, Activity
c, Leverage
Leverage is a measure of an organization's ability to meet its current debt obligations.
These give you a broad picture of your financial situation and measure the amount of liquidity (cash and easily convertible assets) you have available to pay your bills. The current ratio gauges how well your business can produce cash to cover short-term obligations.
The ratio of net profits to total revenues, or net margin, is a useful indicator for assessing profitability. Because it is insufficient to evaluate the company's financial health using a basic dollar amount of profit, it is essential to take the net margin ratio into account.
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Conflicts may occur between the stockholder-elected board of directors and the ____ about how the company is being run.
Conflicts may occur between the stockholder-elected board of directors and the management team about how the company is being run.
Conflicts refer to disagreements or disputes between two or more parties who have opposing interests, needs, or beliefs. Conflicts can arise in various settings, including personal relationships, workplaces, communities, and nations.
Conflicts can range in severity, from minor disagreements to full-blown crises that threaten to escalate into violence. Some common causes of conflicts include differences in values or beliefs, competition for resources or power, communication breakdowns, and misunderstandings.
Effective conflict resolution involves identifying the root causes of the conflict, clarifying the issues and interests of all parties involved, and exploring possible solutions that can address everyone's needs and concerns. Communication and active listening skills are important in resolving conflicts, as they can help parties understand each other's perspectives and work towards mutually acceptable solutions.
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A company that provides photocopying services has an ABC system with three activity-cost pools: Cost Pool Activity Rate Making Photocopies $0.02 per copy Serving Customers 2.15 per customer Setting up machines 0.75 per setup If a customer requires setups on two different machines and makes 200 copies in total, how much cost would be assigned to the job for the customer by the ABC system?
If a customer requires setups on two different machines and makes 200 copies in total, the cost assigned to the job for the customer by the ABC system is $43.00. The cost assigned to the job for the customer by the ABC system is $7.65.
What is ABC?Activity-based costing (ABC) is an accounting method that allocates the overheads of an activity to each product or service that contributes to the overheads of the activity.
ABC contrasts with conventional costing (i.e., cost accounting) by assigning expenses to products and services depending on the amount of resources they consume rather than simply the amount of resources they use.
How to calculate the cost?The calculation of the total cost that would be assigned to the job for the customer by the ABC system is given below:
Cost of making photocopies = $0.02 x 200 = $4.00
Cost of serving customers = $2.15 x 1 = $2.15
Cost of setting up machines = $0.75 x 2 = $1.50
Total cost = $4.00 + $2.15 + $1.50 = $7.65
Therefore, the cost assigned to the job for the customer by the ABC system is $7.65.
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The fact that nominal GDP has risen faster than real GDP:
A) tells us nothing about what has happened to the price level.
B)suggests that the general price level has risen.
C)suggests that the general price level has fallen.
D)suggests that the base year of the GDP price index has been shifted.
The fact that nominal GDP has risen faster than real GDP suggests that the general price level has risen (Option B).
Nominal GDP represents the market value of all goods and services produced in an economy within a specific period, calculated using current market prices. Real GDP, on the other hand, measures the same but is adjusted for inflation to provide a more accurate comparison of economic growth over time.
When nominal GDP increases faster than real GDP, it indicates that the overall market value of goods and services has increased, but not necessarily because of an increase in the production or quantity of these goods and services. Instead, it implies that the prices of goods and services have risen, leading to a higher nominal GDP value.
This increase in the general price level, known as inflation, affects the purchasing power of money and has various economic implications. To summarize, the faster rise of nominal GDP compared to real GDP indicates that the general price level has increased, and this is best represented by Option B.
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do policies impact the culture and procedure of a healthcare organization? how does strategic management impact the organization's mission and vision?
Yes, policies do impact the culture and procedure of a healthcare organization. Policies provide a framework and guidelines for decision-making and operations within the organization.
They help ensure consistency, quality, and compliance with regulations. By establishing clear expectations and processes, policies can shape the culture of a healthcare organization by fostering a sense of responsibility, professionalism, and adherence to best practices. Strategic management plays a crucial role in aligning an organization's mission and vision. It involves setting goals, planning, and implementing strategies to achieve these objectives. Through strategic management, leaders can ensure that resources are effectively allocated, and actions are taken to address changing external and internal factors. By consistently reviewing and adjusting strategies, the organization can stay on track to fulfill its mission and achieve its vision, thereby positively impacting the overall performance and sustainability of the healthcare organization.
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At December 31, Gill Co. reported accounts receivable of $246,000 and an allowance for uncollectible accounts of $1,200 (debit) before any adjustments. An analysis of accounts receivable suggests that the allowance for uncollectible accounts should be 4% of accounts receivable. The amount of the adjustment for uncollectible accounts would be:
Answer:
the amount of the adjustment for uncollectible accounts would be $11,040
Explanation:
The computation of the amount of the adjustment for uncollectible accounts would be given below:
= Account receivable × uncollectible percentage + debit balance of the uncollectible accounts
= $246,000 × 4% + $1,200
= $9,480 + $1,200
= $11,040
Hence, the amount of the adjustment for uncollectible accounts would be $11,040
Every component, from producer to grocery store, contributes to the process of the___ chain
Answer:
Supply Chain
Explanation:
Supply Chain is the route of flow of goods and services starting from the producer/manufacturer/service provider to the end use consumer.
The supply chain network has various other segments such as logistics, distributors, retail supplier, etc.
Hence, the correct answer is the "Supply"
What is the purpose of credit legislation and what is its impact on individuals, companies, and financial institutions?
Answer:
here ;)
Explanation:
Its purpose is to protect consumers obtaining credit to finance their transactions, ensure that adequate credit is provided, and govern the credit industry in general. In 1968, Congress passed the Consumer Credit Protection Act in part to regulate the consumer credit industry.
Which of the following causes the master budget variance between the amounts in the master budget and the flexible budget of a revenue center?
A. The number of units sold differs from planned sales levels
B. The cost of sales
C. The selling price per unit
D. Both the selling price and the number of units sold
Answer:
A. The number of units sold differs from planned sales levels.
Explanation:
The difference in the master budget and flexible budget lies in the level of operation (sales units). That is the planned sales levels included in muster budget are usually different from the actual sales levels included in the flexible budget.
Marianne was a computer programmer making almost $170,000 a year at a rate of $80 an hour for Big Tech. Ginger, her boss, demanded that she work 100 hours of overtime over the next month until a large project was complete. Marianne believes she is entitled to 100 hours of overtime pay. Under the Fair Labor Standards Act, how much overtime pay is she entitled to
Under the Fair Labor Standards Act, Marianne is entitled to $12,000 for overtime pay.
What is the overtime rate under the Fair Labor Standards Act?Under the Fair Labor Standards Act, the overtime rate is a time and a half.
Data and Calculations:Annual salary = $170,000
Rate per hour = $80
Overtime rate per hour = $120 ($80 x 1.5)
Overtime hours = 100 hours
Overtime pay = $12,000 (100 x $80 x 1.5)
Thus, under the Fair Labor Standards Act, Marianne is entitled to $12,000 for overtime pay.
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What was the impact of the increase in cotton production?
However, significant increase in production during War of 1812 led to so-called cotton boom and by middle of 20th century, cotton had emerged as most significant American commodity and cash crop for economy of south.
What is a commodity?A commodity is a raw material or primary agricultural product that can be bought and sold, such as copper, gold, coffee, wheat or oil. These goods are usually produced in large quantities, traded in standardized units, and their prices are determined by the market demand and supply. Commodities can be physically traded, such as oil or wheat, or traded through financial contracts, such as futures or options. The prices of commodities can fluctuate widely, influenced by factors such as weather, natural disasters, political instability, and global economic conditions. Commodities play a crucial role in the global economy, as they are used to produce a wide range of goods and services and traded globally by governments, companies, and individuals.
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Compare and contrast the different types of partnerships. Explain the advantages to a partnership. Explain the disadvantages.
Answer:
ADVANTAGE:Less formal with fewer legal obligationssharing burden easy to get started better decision making knowledge, skills and experience ownership and controlExplanation:
DISADVANTAGE: profits must be shared personal demands taxes no independent status limits on developing business lack of disabilityFor a market to be characterized by monopoly, there must be Multiple Choice good information about sales and costs. indistinguishable products being sold. barriers to entry and exit. a large number of firms with no one able to influence price.
A market characterized by monopoly refers to a situation where there is only one seller or producer of a particular product or service in the entire market. In such a scenario, the single firm has complete control over the market, including the ability to influence prices and supply.
To identify a monopoly, several conditions must be met:
1. Indistinguishable products being sold:
In a monopoly, the firm sells a product that has no close substitutes available in the market.
This means that consumers have no alternative options to choose from, and the monopolistic firm has a unique position in the market.
2. Barriers to entry and exit:
Monopolies are often protected by significant barriers to entry, which prevent other firms from easily entering the market and competing with the monopolistic firm.
These barriers can include high startup costs, legal restrictions, or exclusive control over key resources.
For a market to be characterized by monopoly, there must be indistinguishable products being sold, along with barriers to entry and exit.
These conditions allow the monopolistic firm to have control over the market, without facing competition from other firms.
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Your store has an average time of 90 seconds toprocess a sales transaction. There are three customers in line to check
out. How much time will have passed when the last sales transaction is complete?
Answer: 270 Seconds
Explanation: 90 seconds x 3 customers = 270 seconds Hope this helped :)
3. The owner of a specialty delicatessen buys baskets, decorates and fills them with food items, and
sells them as one of the products in the shop. The entrepreneur sells an average of 130 baskets a
month The basket supplier charges $0.50 per basket. The entrepreneur would like to reduce his
variable costs and has found a basket supplier who will charge only $0.40 per basket. How much
will the delicatessen owner save in a year by changing suppliers?
Answer:
$156
Explanation:
he old price per basket is $0.50 per basket
the new supplier has a price of $0.40 per basket
Savings per basket is $0.10 ($.50- $0.40)
The average sales per month are 130 baskets.
The average savings per months will be
=$0.10 x 130
=$13
yearly savings will be
=$13 x 12 months
=$156