According to the Fair Labor Standards Act,
A. outside sales employees are included in the coverage.
B. occupations that have hourly wages are exempt from the law.
C. employees should be paid at the rate of one and a half times their hourly rate for overtime worked beyond 40 hours in a week.
D. employers who are not aware of the overtime work done by the employees are violating the law.
E. federal contractors should pay employees no less than the prevailing wages in the area.
Answer: C
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A) Balance B) Simplicity C) Consistency D) Emphasis E) Convention
Article 2(
A) of the UCC covers leases of goods.
Clemson Software is considering a new project whose data are shown below. The required equipment has a 3-year tax life, after which it will be worthless, and it will be depreciated by the straight-line method over 3 years. Revenues and other operating costs are expected to be constant over the project's 3-year life. What is the project's Year 1 cash flow? Do not round the intermediate calculations and round the final answer to the nearest whole number. Equipment cost (depreciable basis)$97,000 Straight-line depreciation rate33.333% Sales revenues, each year$60,000 Operating costs (excl. depr.)$25,000 Tax rate35.0% ?
A. $31,682 B. $29,979 C. $30,660 D. $36,792 E. $34,067
Company strategy refers to
A. how jobs and tasks are divided and coordinated between individuals and groups within the company. B. the degree to which tasks in an organization are divided into separate jobs. C. an organization's objectives and goals and how it tries to capitalize on its assets to make money. D. customers, competitors, suppliers, distributors, and other factors external to the firm. E. the method by which an organization transforms inputs into outputs.