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Norm Bates is paid a semi-monthly salary of $792.50. Regular hours are 37 1/2 per week and overtime is paid at time and one-half regular pay.
a) What is Norm's hourly rate of pay?
b) How many hours overtime did Norm work in a pay period for which his gross pay was $946.30?
Issuance Size
Refers to the total amount of securities, such as bonds or stocks, that an entity offers to the public for sale.
Venture Capital
Financing for new, often high-risk ventures.
Ownership
The act, state, or right of possessing something.
Financing Condition
A provision that stipulates specific financial conditions that must be met for a transaction to proceed.
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