 In this presentation, we will take a look at overtime calculations. We're first going to look at a time calculation to consider the fraction of hours. Time seems like a fairly straightforward thing to calculate. However, because it's based on 60 minutes in an hour, we have to have that conversion in order to do many types of calculations. In other words, our rates in payroll are usually not in terms of rate per minute. They're typically in terms of rate per hour. Therefore, any types of minutes, if we have fractions of hours, we have to convert them from minutes to fractions of hours. To do that, if we have an employee that worked 45 minutes, for example, if we had the 45 minutes, we divide that by the number of minutes in an hour, 60. The 45 divided by 60 would give us the percent of your time, which would be 75. That would be the percent of an hour, so it's 0.75 of an hour. Now, this, of course, is important because