Find the Gross Pay at the Given Rate

question 109

Multiple Choice

Find the gross pay at the given rate. Round to the nearest cent.
-22.7 hours at $6.55 per hour

• A)$148.69
• B)$142.14
• C)$153.69
• D)$155.24

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Definitions:

Merchandise Inventory

Merchandise inventory refers to the products a company has available for sale to customers at any given time.

Note Payable

A written promise to pay a specific sum of money to a party on demand or at a predetermined future date.

Account Payable

The amount of money owed by a business to its suppliers or creditors for goods and services purchased on credit.

Notes Payable

Liabilities represented by written promises to pay specific sums of money at future dates, typically evidenced by formal instruments of credit.