John's weekly salary is $478.25. His employer is changing the pay period to semimonthly. a. What is
Question:
a. What is John's annual salary?
b. What will John's semimonthly salary be to the nearest cent?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (10 reviews)
a 47825 52 24869 b ...View the full answer
Answered By
Aun Ali
I am an Associate Member of Cost and Management Accountants of Pakistan with vast experience in the field of accounting and finance, including more than 17 years of teaching experience at university level. I have been teaching at both undergraduate and post graduate levels. My area of specialization is cost and management accounting but I have taught various subjects related to accounting and finance.
5.00+
13+ Reviews
32+ Question Solved
Related Book For
Financial Algebra advanced algebra with financial applications
ISBN: 978-0538449670
1st edition
Authors: Robert K. Gerver
Question Posted:
Students also viewed these Linear Algebra questions
-
Nick's annual salary is $90,000. His employer matches his 401k contributions at $0.75 for each dollar up to 8% of his annual salary. Nick contributes $350 from each biweekly paycheck to his 401k...
-
An employer pays a mean salary for a 5-day workweek of $ 1250 with a standard deviation of $129. On the weekends, his salary expenses have a mean of $450 with a standard deviation of $57. What is the...
-
The dean of nursing tells students being recruited for the incoming class that the schools graduates can expect to earn a mean weekly income of $775 one year after graduation. Assume that the deans...
-
Many areas have attempted to increase the amount of recycled waste lubricating oil by requiring service stations to serve as collection centers or by instituting deposit-refund systems. On what...
-
Barbara Richardson, a self-employed consultant near Sacramento, received an invitation to visit a prospective client in Baltimore. A few days later, she received an invitation to make a presentation...
-
In Problems 44 and 45 graph each inequality. 3x + 4y 12
-
6. The salary of the president of the company is $200,000 per year.
-
Trowbridge Manufacturing produces cases for personal computers and other electronic equipment. The quality control inspector for this company believes that a particular process is out of control....
-
Mellott Corp. has an equity value of $13,680. Long-term debt is $9,150. Net working capital, other than cash, is $3,710. Fixed assets are $18,330 and current liabilities are $2,010. How much cash...
-
Michael Jensen developed some of the seminal ideas underlying agency theory. He suggests that at the time the market value of Enron peaked at approximately $70 billion, its intrinsic value was...
-
Marty is working with a math problem that defies insulting. He is going to pay his gardener for the entire month of July. He will pay the gardener every day. On the first day, he will pay the...
-
Ralph earns $72,000 annually as an architect and is paid semimonthly. Alice also earns $72,000 but she is paid biweekly. a. How many more checks does Alice receive in a year when compared to Ralph?...
-
Define: (a) megacities (b) urban sprawl (c) the flight to the suburbs. lo1
-
What is the logical ending point of a sequential game that starts at position (2,8) with player 1 moving first? Show your work. Player 1 Strategy B Strategy A Strategy A Player 2 Strategy B (3,4)...
-
Problem A-6 Income and Retained Earnings Statements Peanut Corporation is a private corporation using ASPE. At December 31, 2017, an analysis of the accounts and discussions with company officials...
-
8.5 Area Between Curves (dy) Calculus-Calculator Allowed Mastery Check #2 Name: Date: Period: For 1-2, find the area of the region bounded by the following curves. Show the integral set up with...
-
Your company has a travel policy that reimburses employees for the "ordinary and necessary" costs of business travel. Employees often mix a business trip with pleasure by either extending the time at...
-
Simulation A: 1 Diameter 600 mm 2 Focal Length 1800 mm 3 F/D Ratio 3 4 Eyepieces 30 m 5 Barlow? N 6 Celestial Sights M42 - M31 - M51 Simulation B: 1 Diameter 150 mm 2 Focal Length 1800 mm 3 F/D Ratio...
-
What is the length of the acceleration vector of a particle traveling around a circle of radius 2 cm with constant velocity 4 cm/s?
-
Should U.S. antidumping laws be stated in terms of average total costs or average variable costs?
-
Find the zeros of the function. a. f(x) =- 4/3x + 8 b. g(x) = x2 - 8x - 33
-
Determine the leading term, the leading coefficient, and the degree of the polynomial. Then describe the end behavior of the function's graph and classify the polynomial function as constant, linear,...
-
Consider f(x) = 2x3 - 5x2 - 4x + 3. Find the solutions of each equation. a) f(x) = 0 b) f(x - 1) = 0 c) f(x + 2) = 0 d) f(2x) = 0
-
X Your answer is incorrect. Flounder Consulting Corp. company records revealed the following for the current year: What was the net cash flow from operating activities for the year? $ 0 $ 9 8 0 0...
-
Assume that interest rate parity holds. The U.S. fiveyear interest rate is 0.08 annualized, and the Mexican fiveyear interest rate is 0.05 annualized. Todays spot rate of the Mexican peso is $0.21....
-
find the NSP of a whole life insurance.6 with $100,000 Death benefits, for a female aged 105 years, if i=10%? (use Australian life Tables 2005-07) find the NSP of a whole life insurance.6 with...
Study smarter with the SolutionInn App