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Your firm is preparing to open a new retail strip mall and you have multiple businesses that would like to lease space in it.Each business will pay a fixed amount of rent each month plus a percentage of the gross sales generated each month.The cash flows from each of the businesses have approximately the same amount of risk.The business names,square footage requirements,and monthly expected cash flows for each of the businesses that would like to lease space in your strip mall are provided below:
-If your new strip mall will have 15,000 square feet of retail space available to be leased,to which businesses should you lease and why?
Overtime Provisions
Regulations that define the conditions under which employees are entitled to extra pay for working beyond the standard working hours.
Exempt Employees
Workers who are exempt from the overtime pay requirements and minimum wage laws under the Fair Labor Standards Act due to their job duties and salary levels.
Fair Labor Standards Act
U.S. legislation aimed at protecting workers against unfair pay practices and work conditions, establishing minimum wage, overtime pay eligibility, and child labor standards.
Hazardous Occupation
Jobs or activities that involve a high risk of physical harm or health dangers to the individual performing them.
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