What are ann gross wages for the week

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Reference no: EM132813830

Problem 1: Ann Parks has worked 44 hours this week. Six of these 44 hours were on the weekend. Her regular hourly wage is $15 per hour with one and one-half times her regular rate for weekend work. What are Ann's gross wages for the week?

Option 1: $660
Option 2: $705
Option 3: $795
Option 4: $990

Problem 2: An investment that costs $120,000 is estimated to reduce cash operating costs by $40,000 per year for 4 years. The required rate of return is 10 percent. Determine the payback period, assuming inflation is negligible.

Option 1: About 2.92 years
Option 2: About 2.66 years
Option 3: About 3 years
Option 4: About 2.79 years

Reference no: EM132813830

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