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

krzymel

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on: Jun 24, 2018
The Burton Company pays the regular hourly rate for the first 40 hours worked and time and a half thereafter. Adolph Mercer worked 51 hours this week. His regular hourly rate is 16.12 . Compute Mercer's total earnings.

Question 2

The Buckley Company earned 110,00 . last year. The capital stock of the company consists of 300,00 . of 9 cumulative preferred stock and 200,00 . of common stock. The directors declared a dividend of 60 of the earnings. For the previous year, the directors did not declare a dividend at all. Compute the total amount that will be paid to the holders of common stock.


kjo;oj

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Reply #1 on: Jun 24, 2018
Answer to Question 1

910.78

Answer to Question 2

12,000


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