What is the worked hourly rate of pay

Assignment Help Financial Management
Reference no: EM131600343

A full-time technician working in the local Walk-In Clinic is paid $62,000 per year (52 weeks) and works 40.0 hours per week over 5 days. The fringe benefit rate is 31 percent. A technician gets 8 holidays (Walk-In Closed), 5 sick days and 10 vacation days. Assume all holidays are taken. What is the worked hourly rate of pay?

Reference no: EM131600343

Questions Cloud

The healthcare organizations philosophy : Explain how this policy or guideline may be a constraint to a healthcare organization's planning, or how it may shape the healthcare organization's philosophy.
Does it take a population health approach : The relationship between health and productivity is well documented. Many employers today have employee wellness programs to assist workers with getting.
Selling stock with commissions : How much money do you receive after selling 160 shares of Nokia Corporation (NOK), which trades at $22.83?
Limits a competitive market ability to reduce discrimination : How can a competitive market eliminate discrimination in the labor market?
What is the worked hourly rate of pay : Assume all holidays are taken. What is the worked hourly rate of pay?
Check the grammar of an essay : Check the grammar and replace some words with advanced words if needed
How has society contributed to overweight among us teenagers : How has society contributed to overweight among US teenagers? How have behaviors contributed to overweight among US teenagers?
What are some of the reasons for this decline : During 2017 the US dollar has depreciated in value against some of the major currencies. What are some of the reasons for this decline?
Difference between formal and informal leadership : Briefly discuss the difference between formal and informal leadership. Identify the formal and informal leaders in your organization.

Reviews

Write a Review

Financial Management Questions & Answers

  How much should we offer to percy

In preparation for the meeting you intend to make notes of the points you will raise with the directors. You are aware that the directors are people who have skills in horticulture and retailing, but not in more general business issues, particula..

  Regarding tax implications of cash balance plans

All of the following are true regarding tax implications of cash balance plans, except

  Execute an arbitrage and determine the size of the profit

Today, the spot price of gold is $700/oz. The market price of a 7-month gold futures contract today is $750. The riskfree rate is 9% p.a. The storage cost of gold is 1% p.a. of the gold price and is payable over the life of storage. Show step by step..

  Repaid in ten annual instalments

A $100 loan is repaid in ten annual instalments, commencing one year after the date of the loan. Each payment for years 1 through 5 is twice the payment 6 through 10. The effective annual interest rate is 4%. In which of the following ranges is the o..

  Amount the homeowner could borrow on home equity loan

A homeowner paid $75,000 for his/her house and after several refinancing now owes $140,000 on the mortgage. The house is currently worth $160,000. A bank will provide home equity loans up to 85% of the value of the house. What is the maximum amount t..

  Evaluating the merits of leasing versus purchasing truck

Delmont Transport Company (DTC) is evaluating the merits of leasing versus purchasing a truck with a 4-year life that costs $40,000 and falls into the MACRS 3-year class. What is the net advantage to leasing?

  Services in other countries on an international scale

More and more businesses are realizing greater profit potential by selling their products and services in other countries on an international scale.

  Describe the type of dividend policy the firm uses

Describe the type of dividend policy the firm uses. Would you recommend an alternative dividend policy? Explain. How would this policy affect the break points and imminent impact on investments recommended in part 2(E)?

  In the absence of taxes-the capital structure chosen by firm

In the absence of taxes, the capital structure chosen by a firm doesn't really matter because of:

  What is the real yield or return on the bonds

If the annual inflation rate is 3%, then what is the real yield or return on the bonds?

  Calculate current interest rates on two year treasury notes

Use the expectations theory to calculate the current interest rates on two-year, three-year, and four-year Treasury notes.

  What is the present value of the annuity

A 14-year annuity pays $2,800 per month, and payments are made at the end of each month. The interest rate is 12 percent compounded monthly for the first seven years, and 10 percent compounded monthly thereafter. Required: What is the present value o..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd