Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. check out the table below for current minimum wage

Check out the table below for current minimum wages: US federally mandated hourly minimum wage...

80.2K

Verified Solution

Question

Accounting

Check out the table below for current minimum wages:

US federally mandated hourly minimum wage = $7.25, (totals $15,080 for 52 weeks)

California mandated hourly minimum wage = $9, (totals $18,720 for 52 weeks)

San Francisco mandated hourly minimum wage = $12.25 ($25,480 for 52 weeks)

The federal poverty guideline for a family of 2 is $15, 930 so any family of 2 or more making less than that would be considered below the poverty line.

Do you think the federal minimum wage should be higher than $7.25 per hour?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Medical Sciences
1.2K views

The capillaries that surround the renal tubules originate at the.... Interior Vena Cava Vasa Recta Efferent arteriole Renal vein None of...

Physics
1.2K views

A muon is created 50 km above the surface of the earth. In the earth's frame,...

Biology
1.2K views

The process of cell division is different for prokaryotic versus eukaryotic cells because a prokaryotic...

Physics
1.2K views

Photoelectric effect is observed from a metal surface when light of frequencies 3x10 4 Hz...

Physics
1.2K views

15 A 90 pF capacitor is charged by a 10 V battery The capacitor is...

Geometry
1.2K views

Consider the following 25x 4 300x 40y 900 0 a Find the standard form of...

Basic Math
1.2K views

Find a counterexample to show that the following statement is false If a number is...

Basic Math
1.2K views

Numerical optimizationThe function f(a,b) = a^2*e^(a*b) + 3*a*ln(b)is calculated by:x1 = a^2x2 = a*bx3 =...

Calculus
1.2K views

Find the area of the shaded region shown in the graph CEL 20 y 20...

Algebra
1.2K views

2 Least Cost Method The procedure is as follows Step 1 Determine the smallest cost...

Accounting
1.2K views

The following data are provided for Carla Vista Corp.'s past two fiscal years: Additional information:...

Accounting
1.2K views

Cost Per Unit is goodExcel processes the y put Excel thinks, find cell F13 and...