Which of the following is a protection that is clearly provided by the Fair Labor Standards Act?
A. Overtime payments for white collar workers
B. Wages for interns who are working for college credit, receive education benefit from their internships.
C. Minimum wage for hourly employees.
D. Fair wages for independent contractors.
Answer: C
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A crystal goblet sells for $50 per goblet. The contribution margin per goblet is $14 . Total monthly fixed costs are estimated to be $120,400 . The monthly breakeven point in goblets is
a. 8,600 goblets. b. 17,200 goblets. c. 4,300 goblets. d. 60,200 goblets.
Notes receivable due within 90 days and cash are examples of short-term financial assets
Indicate whether the statement is true or false
Hugh Willmott (2002) applied two concepts from George Orwell’s 1984 to highlight the dark side of organizational culture: one is ‘Doublethink’, and the other is _________ the aim of which is to produce a mode of communication requiring no thought on the part of the speaker.
a. Big brother b. Newspeak c. Oceania d. Corporate culture
The sale of securities by an issuer to the public is known as an initial public offering
Indicate whether the statement is true or false