Author Question: Cal Transit Company pays the regular hourly rate for the first 40 hours worked, time and a half for ... (Read 180 times)

sjones

  • Hero Member
  • *****
  • Posts: 520
Cal Transit Company pays the regular hourly rate for the first 40 hours worked, time and a half for hours 41 through 48, and double time for all hours in excess of 48 . Gayle Jordon worked 50 hours this week. Her regular hourly rate is 10.50 . Compute Jordan's total earnings.

Question 2

Kelly Jordan owned 220 shares of Diego Company's convertible preferred stock at 50 par value. He converted each share of preferred stock into two shares of common stock. If Kelly Jordan paid 50 per share for his preferred stock, and if common stock was selling at 31 per share on the date of conversion, compute the amount that Kelly Jordan's investment increased in value.



kjohnson

  • Sr. Member
  • ****
  • Posts: 330
Answer to Question 1

588

Answer to Question 2

2,640



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

For a complete list of videos, visit our video library