Instruction 2-1In all problems, Unless instructed otherwise, compute hourly rate and overtime rates as follows:  1. Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to 2 decimal places before multiplying by one and one-half to determine the overtime rate). 2. If the third decimal place is 5 or more, round to the next higher cent. 3. If the third decimal place is less than 5, drop the third decimal place. Also, use the minimum hourly wage of $7.25 in solving these problems and all that follow.  Refer to Instruction 2-1 Abel works a 37-hour week at $10.75 an hour. Overtime hours (hours worked beyond the 37-hour workweek) are paid at 1 times the regular rate. ​ (a) Abel’s regular weekly earnings are  ____________. (b) Abel’s overtime rate is  _____________. (c) If Abel works 6 hours overtime during one week, Abel’s total gross earnings are ____________.

A 52-year-old client has recently started exercising after several years of being relatively sedentary. They have been medically cleared for exercise and have no absolute contraindications to exercise testing, but they report that they become fatigued fairly quickly during vigorous exercise. They are comfortable riding a stationary bicycle or walking short distances and would like an estimate of their cardiorespiratory fitness without exercising to maximal exhaustion. Which VO₂max testing protocol discussed in class would you select for this client? In your response: Identify the specific test you would use. Explain whether the test is maximal or submaximal. Describe at least two features of the protocol that make it appropriate for this client. Explain how the test ultimately produces an estimate of VO₂max. Identify one other protocol discussed in class that you would be less likely to choose and explain why.

If the real interest rate is 5% and expected inflation is 3%, what is the nominal interest rate?  

All else equal, a project’s operating cash flow will increase when:  

Schauffele Inc. is evaluating a project that costs $840,000, has a six-year life, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 220,000 units per year. Price per unit is $55, variable cost per unit is $30, and fixed costs are $910,000 per year. The tax rate is 34 percent, and they require a 10 percent return on this project. Calculate the NPV.  

Landry Inc. just purchased some equipment at a cost of $650,000. What is the proper methodology for computing the depreciation expense for year 3 if the equipment is classified as 5-year property for MACRS?  

Chesson Hadley purchased some fixed assets two years ago for $39,000. The assets are classified as 5-year property for MACRS. Chesson is considering selling these assets now so he can buy some newer fixed assets which utilize the latest in technology. Chesson has been offered $18,500 for his old assets. What is the net cash flow from the salvage value if the tax rate is 34%?  

Business ethics focus on the study of the values and principles that determine right and wrong actions in the business world.

The Double.parseDouble method converts a double to a string.

If a class has mutator methods, it is probably an immutable class.