Answer:
$192
Explanation:
Calculation for how much FICA-OASDI tax will be withheld from the employee's pay?
FICA-OASDI tax=($117,000-$113,900)*6.2%
FICA-OASDI tax=$3,100*6.2%
FICA-OASDI tax=$192
Therefore how much FICA-OASDI tax will be withheld from the employee's pay is $192
D. J. Masson Inc. recently issued noncallable bonds that mature in 10 years. They have a par value of $1,000 and an annual coupon of 5.5%. If the current market interest rate is 7.0%, at what price should the bonds sell?a. $829.21b. $850.47c. $872.28d. $894.65e. $917.01
Answer:
Bond Price= $894.65
Explanation:
Giving the following information:
Face value= $1,000
Number of periods= 10
Cupon= 0.055*1,000= $55
YTM= 0.07
To calculate the price of the bond, we need to use the following formula:
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 55*{[1 - (1.07^-10)] / 0.07 + [1,000/(1.07^10)
Bond Price= 386.30 + 508.35
Bond Price= $894.65
The marginal tax rate for a lump-sum tax a. is always positive. b. is zero. c. can take on any value but must be greater than the average tax rate. d. is always negative.
Answer:
b. is zero.
Explanation:
Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.
There are three (3) types of taxation used by the government, these are;
1. Progressive taxation: it involves charging individuals having higher incomes a higher percentage of their total income.
For instance, Citizen A pays 20% on $50,000 and Citizen B pays 15% on $36.000.
2. Proportional taxation: it involves charging both lower and higher income earners equally in proportion to their income.
For instance, Citizen A pays 10% on $50,000 and Citizen B pays 10% on $36,000.
3. Regressive taxation: it involves charging individuals with low incomes a higher percentage of their total income and vice-versa.
For instance, Citizen A pays 15% on $50,000 and Citizen B pays 20% on $36,000.
The marginal tax rate for a lump-sum tax is zero because an additional amount of money would not change it.
The demand for cooldrink is price elastic if
Answer:
see below
Explanation:
Elastic demand describes a scenario where a small change in price results in a significant difference in the quantity demanded. The term 'elastic ' suggests a moving or a stretching demand. Goods that have many substitutes have an elastic demand.
A product or service will have an elastic demand when a small price change greatly affects consumption. Customers will still seek alternative cheaper options if the price increases, which causes demand to drop significantly. The demand for cooldrink is price elastic if a small change in price results in demand changing considerably.
XYZ Company makes 400 widgets. The variable costs are $38.00 per unit and fixed costs are $32.40 per unit; however, $23.80 in fixed costs per unit is unavoidable. What is the effect on net income if the company instead buys the widgets from an outside supplier for $50.00 per unit?
Answer:
Decrease in net income by $1,360
Explanation:
First, we need to prepare analysis of costs and savings if the company buys outside.
Please note that the fixed costs per unit are unavoidable and are irrelevant hence ignored in making this decision.
Analysis of costs and savings
Purchase price (400 widgets × $50 per unit) = ($20,000)
Savings:
Variable costs (400 widgets × $38 per unit) = $15,200
Fixed costs (400 widgets × $8.60 per unit) = $3,440
Net income effect
($1,360)
The effect of on net income if the company buys widget from outside is a decrease in net income by $1,360
A bakery buys flour in 25-pound bags. The bakery uses 1,215 bags a year. Ordering cost is $10 per order. Annual carrying cost is $75 per bag. a. Determine the economic order quantity. b. What is the average number of bags on hand
Answer: a. 18 ; b. 9
Explanation:
a. Determine the economic order quantity.
The following can be derived from the question:
Annual demand D = 1215 bags
Ordering cost S = $10
Holding cost H = $75
Economic order quantity = ✓2DA/H
= ✓2 × 1215 × 10/75
= 18
b. What is the average number of bags on hand
This will be gotten by dividing the economic order quantity by 2 which will be:
= 18/2
= 9
Based on your personal experience, cite three service businesses and three product businesses that gave you an impressive experience because employees were properly trained. What made you say employees were really trained?
Explanation:
Product companies: Apple, Adidas and Sephora
Service companies: Dell technical support, Disneyland and Hilton Hotels.
In all these products and services companies mentioned, I had a positive experience in relation to the attendance of the employees, this shows that the employees were really trained. An interesting example is Disneyland, where the slogan "The most magical place on earth" really makes sense, as all employees were trained to provide an experience for the visitor, as they are characterized as famous characters in the film and have a very playful way to create an atmosphere of magic. In other companies, the experience, although different, can be described as similar to Disney, because the main challenge of training employees is that they are able to provide the customer with an effective alignment between the company's purpose and the services offered, so it is essential that the employee is trained to provide all the values that the company demonstrates to the customer, being always solicitous, cordial, having property to answer questions and explain about the product or service, etc.
The three service businesses that gave me an impressive experience are:
HP technical supportDisneyland Ashmeet Hotels.
The three product businesses that gave me an impressive experience are:
AppleNikeAdidas
The reason why i said their employees were well trained are:
They were patient to listen to my complaintTheir services were prompt and efficientThey were so courteous and respectfulAccording to the given question, we are asked to show and list the service and product businesses who gave me an impressive experience and to give the reasons.
As a result of this, we can see that the staff of the aforementioned businesses were very civil, eager to listen and efficient in their response to queries and instructions because they were so eager to please the customer.
Read more here:
https://brainly.com/question/18285413
Holt Enterprises recently paid a dividend, D0, of $3.50. It expects to have nonconstant growth of 12% for 2 years followed by a constant rate of 6% thereafter. The firm's required return is 18%. How far away is the horizon date
Answer:
At the end of the year 2
Explanation:
In order to compute the share of Holt enterprises, we require dividends in years 1 and 2 dividends which are shown thus:
Year 1 dividend=$3.50*(1+12%)^1=$ 3.92
Year 2 dividend=$3.50*(1+12%)^2=$4.3904
Horizon value at the end of year 2=year 2 dividend *(1+constant dividend growth rate)/(required return-constant dividend growth rate)
Horizon value is computed at the end of year 2 since it needs to follow the last dividend paid immediately
Fuseina has GH¢40,000.00 to invest. She decided to put part of the money in an account paying 4% interest and the remainder into a stock paying 6%interest. Her financial advisor tells her that the total annual income from these investments should be GH¢2040.00. How much should she invest at each rate?
Answer:
GH¢18,000 in the account that pays 4%
GH¢22,000 in stock
Explanation:
Let X represents the account that pays a 4% interest rate
Let Y represent the stock that pays a 6% interest rate
Total amount invested=40,000
X+Y=40,000 equation 1
Interest earned on X=X*4%=0.04X
Interest earned on Y=Y*6%=0.06Y
Total interest =2040
0.04X+0.06Y=2040 equation 2
Multiply equation 1 by 0.04
0.04X+0.04Y=(40,000*0.04)
0.04X+0.04Y=1600 equation 3
equation 2- equation 3
0.04X+0.06Y=2040
0.04X+0.04Y=1600
0.02Y=440
Y=440/0.02=22000
substitute 22000 for Y in equation 1
X+22000=40000
X=40000-22000=18000
Lottery: Todd actually took his winnings as a one-time lump-sum payout of $30 million instead of the annual installments. What discount factor did the state of California use the arrive at $30 million as the present value?
Answer:
The question is incomplete, so I looked for a similar one that can be used as an example (see attached image):
In this example, you are offered 30 annual payments, starting today, = $85,000,000 / 30 = $2,833,333 per year
in order to determine the present value of this annuity due:
present value = annual payment x PV annuity due factor
present value = $2,833,333 x 12.81039 (PV annuity due factor, 30 period, 7.5%) = $36,296,100
if you were given the present value and the annual payment, then you would need to determine the PV annuity factor:
PV annuity factor = present value / annual payment = $36,296,100 / $2,833,333 = 12.81039
to determine the interest rate we must use the following formula:
PV annuity due = ($1/i) · (1 + i) · {1 - [1 / (1 + i)ⁿ]}
12.81039 = ($1/i) · (1 + i) · {1 - [1 / (1 + i)³⁰]}
another way to figure it out is using annuity tables or calculators:
you know the annuity due factor = 12.81039 and the number of periods = 30, so you look down to see which interest rate matches them.
A dispute is:
a) A letter
b) Claim or argument that an error was made
c) Unlawful act
d) A gross misunderstanding
The government of Gwinnett County purchases a new bus that was produced in Germany. What components of GDP are impacted?
a. consumption and investment
b. investment and government purchases
c. government purchases and net exports
d. this purchase is not included in GDP because local government purchases are excluded from GDP
Answer:
d. this purchase is not included in GDP because local government purchases are excluded from GDP
Explanation:
GDP which is the gross domestic product of a country is a measure of the market value of the finished goods and services produced within a particular country at a specific period in time. For the new bus purchase from Germany, it is not included in GDP because local government purchases are never part of it.
Assume that Georgia has exports of $ 50 billion, imports of $45 billion, and GDP of $200 billion. What is Georgia's level of trade
Answer: 25%
Explanation:
Level of trade is simply calculated as the percentage of export of a particular country to its share of the gross domestic product.
Based on the scenario given in the question, the level of trade will be:
= (Exports / GDP) × 100
= 50/200 × 100.
= 1/4 × 100
= 25%
A company's income before interest expense and income taxes is $575,000 and its interest expense is $145,000. Its times interest earned ratio is:__________.a. 0.25 b. 2.73 c. 0.99 d. 3.72
Answer:
3.96
Explanation:
A company's Time Interest Earned ratio shows us its ability to pay its debts.
The income before expenses is given as: $575000
The interest expenses = $145000
The question wants us to find time interest earned ratio. We get this by:
Company's initial income/interest expenses
= $575,000/$145,000
= 3.96
This is the correct answer to the question. The right answer was not listed in the options.
A female employee brings effective insight into how the clients have been involved in the change process previously. How do men and women differ in their leadership styles?
Answer:
This question is incomplete, the options are missing. The options are the following:
a) Women use more participative leadership.
b) Men have higher emotional intelligence.
c) None of these answers are correct.
d) Men are less harsh when they punish their subordinates.
e) Men make fewer decisions on their own.
And the correct answer is the option A: Women use more participative leadership.
Explanation:
To begin with, there is a scientific study that proves that when it comes to terms of leadership the female participants tend to be more participative regarding subjects of decision making process and taking ideas from others and work as a team, like it should be. Meanwhile the male participants tend to be in their majority more centralized when it comes to decide every aspect of what it has to be done. And that is in part because of the personality of each one due to the fact that male tend to be more dominant because of biology reasons then they make decisions without consulting with other while women take the right way and involves every member in order to take the final decision.
g On January 1, a machine with a useful life of four years and a salvage value of $13000 was purchased for $77000. What is the depreciation expense for year 2 under straight-line depreciation
Answer:
Annual depreciation= $16,000
Explanation:
Giving the following information:
Purchase price= $77,000
Useful life= 4 years
Salvage value= $13,000
Under the straight-line method, the depreciation expense remains constant during the life of the asset.
To calculate the depreciation expense, we need to use the following formula:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (77,000 - 13,000) / 4
Annual depreciation= $16,000
Restaurant code of ethics
Answer:
Treat all customers and suppliers honestly, fairly and objectively. ... Provide proper, fair and reasonable service to customers including, but not limited to, after-sales service in accordance with best industry practices. Refrain from discriminatory practices in dealing with our employees, providers and customers.
Sales mix is the relative percentage in which a company sells its multiple products. the trend of sales over recent periods. a measure of leverage used by
Answer:
is relative percentage in which a company sells its multiple products.
Explanation:
Sales mix is method use in calculating thee each unit/proportion of goods that are sale in the company relatively to the total sales. Whenever there is a change in the sales mix of a firm, then the profit change, sales mix helps to know which particular product sells more than the other one in the company.it should be noted that sales mix is relative percentage in which a company sells its multiple products.
Any help the question is about Insurance
Answer:
were is the extract?
i can not help you if i do not have the extract to read sorry.
Explanation:
Stimpson Inc. preferred stock pays a $.50 annual dividend. What is the value of the stock if your required rate of return is 10%
Answer:
$5.00
Explanation:
Market value can be regarded as the agreed price where both the buyer and seller perform their transaction, i.e the price buyer willing to buy and the seller willing to sell, which is intrinsic
Given
annual dividend= $50
rate of return = 10%
value of the stock = (annual dividend)×(rate of return)
=$50 *0.10
= $5.00
Nanometrics, Inc. has a beta of 3.15. If the market return is expected to be 10 percent and the risk-free rate is 3.5 percent, what is Nanometrics required return
Answer:
23.975%
Explanation:
Calculation for Nanometrics required return
Using this formula
Required return = Risk free rate + (Beta*(Market rate - Risk free rate))
Where,
Risk free rate =3.5%
Beta=3.15%
Market rate =10%
Let plug in the formula
Required return = 3.5% +(3.15*(10%-3.5%)
Required return = 3.5% +(3.15*6.5%)
Required return = 3.5% + 20.475%
Required return = 23.975%
Therefore Nanometrics required return will be 23.975%
Barbara Jones is interested in buying a five-year zero coupon bond with a face value of $1,000. She understands that the market interest rate for similar investments is 10.3 percent. Assume annual coupon payments. What is the current value of this bond? (Round answer to 2 decimal places, e.g. 15.25.)
Answer:
Zero-cupon bond= $612.52
Explanation:
Giving the following information:
Face value= $1,000
Number of periods= 5 years
Interest rate= 10.3% = 0.103
To calculate the price of the bond, we need to use the following formula:
Zero-cupon bond= [face value/(1+i)^n]
Zero-cupon bond= [1,000 / (1.103^5)]
Zero-cupon bond= $612.52
If you are strong at ___________, your employees are likely to think that it is right to follow your lead.
a. political tactics
b. impression management
c. influence management
d. coalition building
e. consultation
Answer:
b. impression management
Explanation:
Impression management is a management in which you are strong and your employees thought that it is right to follow up your lead. It implies the attempts that made by a person or a group due to which it the perception of the people could be influence related to a person , object or an event
Hence, the option b is correct
And, the same is to be considered
When intra-entity transferred land is subsequently sold to an outside entity, any remaining deferred gain is recognized in the period of the sale.
a. True
b. False
Answer:
a. True
Explanation:
In the case when the land is transferred while intra entity and sold to the outside entity so any left deferred gain would be recorded in the sale period
and the same is to reported on the consolidated financial statements
Therefore the given statement is true
Hence, the correct option is a.
Thus, the same is to be considered
You and two partners start a company. However, your partners play no role in running the company. You spend all your time managing the business. The time that you could have spent working for someone else and earning wages instead of running the business is your:
Answer:
opportunity cost I guess
Organizational behavior knowledge
Is Jack in the box better than McDonald's
Answer:
nope
Explanation:
bc of personal issues with jack in the box
upstate bank is offering long-term certificates of deposit with a face value of $1000. bank customers can buy thece cds today for $67,000 and will receive the
Answer: 2.70%
Explanation:
Proper question is;
Upstate bank is offering long-term certificates of deposit with a face value of $100,000. Bank customers can buy these CDs today for $67,000 and will receive the $100,000 in 15 years. What interest rate is the bank paying on these CDs.
The formula to calculate rate is;
= (Future Value / Present Value) ^ 1/15 - 1
= (100,000 / 67,000) ^ 1/15 - 1
= 0.0270581026212
= 2.70%
What breif document should always include the six basic story element
Answer:
Explanation:
.
Recently many large commercial and retail banks have been choosing to increase the amount of excess reserves they hold in the Federal Reserve, and this has caused an increase in the money multiplier and the money supply.
a. True
b. False
Answer:
A. True
Explanation:
Large commercial and retail banks have been choosing to increase the amount of excess reserves they hold in the Federal Reserve, and this has caused an increase in the money multiplier and the money supply.
This is true as an increase in the Federal reserves would lead to increased room for loan and lending facilities which would also help increase the money supply of the populace.
Briefly, explain how a company can achieve lower production costs and increase productivity by improving the quality of its products and services?
Answer:
Explanation:
Increasing the quality of the products can lower production costs and increase productivity all because the product will have fewer errors and failures which ultimately saves the company from repair costs, refunds, and other similar costs that may arise from such a failure. This also applies to the costs associated with dealing with an angry customer and trying to maintain that customer such as offering discounts. In simple terms, the higher the quality the less production problems that need to be fixed which speeds up productivity and lowers costs by not having to reproduce the same product.