Answer:
The correct answer is: $284.10.
Explanation:
The percentage of a number represents a part of it. Typically percentages are used when a certain amount of money is to be paid out of another amount because of services being provided or for using the money as instruments of investments like bank loans.
In Bethany Richards' case, she receives 9% in commissions for all the books she sales. Then,
Total amount for books sold = $963.25 + $742.00 + $614.35 + $837.10
Total amount for books sold = $3156.70
Thus,
Bethany's monthly commission = $3156.70 x (9%)
Bethany's monthly commission = $284.10
Answer:
Calculate the tax consequence of withdrawal from retirement account.
T and L are 40 years old and decide to withdraw $2,100 from their IRA. They lie in a 35% marginal tax bracket.
Analysis
They are withdrawing some amount from their retirement fund. They have to pay the tax and penalty for early withdrawals from the retirement fund. The withdrawal amount is $2,100 so they have to pay tax on it. The tax rate will be 35% which is their marginal tax bracket.
Calculation of tax consequences if withdrawal amount is $2,100:
Ordinary income tax amount calculates by multiplying the withdrawal amount with the ordinary tax rate.
= $2100 × 35%
= $735
The withdrawal amount attracts the 10% penalty. So, the penalty amount is calculated as follows: Penalty on withdrawn funds calculates by multiplying the withdrawn funds with the percentage of penalty.
= $2100 × 10%
= $210
(NOTE: - T and L have to pay ordinary income tax along with the penalty on their withdrawal because they are withdrawing funds from their IRA before age 59.5.)
Total expenses include the tax amount and penalty charge on withdrawal amount. So, it is calculated as follows:
Total expenses =$735 + $210
Total expenses = $945
Conclusion
Therefore, T and L would incur a tax of $945 on their withdrawal. This $945 is the sum of income tax amount and penalty on withdrawal balance.
Firm A and Firm B join to create Firm AB. This is an example of a consolidation
Consolidation :
Business consolidation is a combination of several business units or companies into a single, larger organization. The reasons behind consolidation include operational efficiency, eliminating competition, and getting access to new markets.
What is the process of consolidation?
Consolidation processes consist of the assembly of smaller objects into a single product in order to achieve a desired geometry, structure, or property. These processes rely on the application of mechanical, chemical, or thermal energy to effect consolidation and achieve bonding between objects
What is financial consolidation?
Financial consolidation is the process of combining financial data from several departments or business entities within an organization, usually for reporting purposes. To consolidate is to join things together.
Merger :
A merger is an agreement that unites two existing companies into one new company. There are several types of mergers and also several reasons why companies complete mergers. Mergers and acquisitions (M&A) are commonly done to expand a company's reach, expand into new segments, or gain market share.
Learn more about acquisition of stock :
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Answer:
A) a finance lease will cause debt to increase, compared to an operating lease
Explanation:
Answer:
11.2
Explanation:
Your formula would be I = Overall market increased * Beta
"I" being Fords increase
so just plug in and solve
So your volatility would be 11.2
