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3 years ago

Compare and contrast gross earnings and net pay

2 answers:

7 0

Gross earnings is your total income earned without the deductions in place.
Net pay on the other hand is your total income plus tax deduction.

Sliva [168]3 years ago

4 0

Gross earnings is the amount of money a person makes performing a job before deductions. Net pay is the amount a person makes performing their job after deductions.

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A buyer purchased a new residence for $175,000. The buyer made a down payment of $15,000 and obtained a $160,000 mortgage loan.

Naily [24]

Answer:

Buydown, is the right answer.

Explanation:

This is a buydown mortgage arrangement because in the buydown financing technique the buyer tries to take lower interest rates in the initial year of the loan period. Moreover, some mortgage lenders provide buydown discounts or points as part of their promotion. Secondly, the builder pays the initial payment to the mortgage institution that results in the lower buyer’s payment.

3 0

3 years ago

dan has agi of $50,000 and paid the following taxes during this tax year. state income tax withholding $ 1,375 state income tax

Savatey [412]

$2,175 dan can deduct for taxes as an itemized deduction this year.

What is a tax?

A tax is a mandatory financial charge or other type of levy placed on a taxpayer (an individual or legal entity) by an administrative body to pay for various public expenditures and administrative costs.

The following chart shows how the itemized deduction was calculated:

State income tax withholding and anticipated payments for state income tax

= $1,375 + $800

= $2,175

We do not deduct Social Security tax, state excise tax on alcohol, or federal income tax withholding because these taxes are taxable.

Additionally, the automobile license is dependent on the weight of the vehicle rather than its market worth. Therefore, this wouldn't be regarded.

Additionally, we might choose among the state income tax or the sales tax. So, in the calculating section, we include the state income tax.

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4 0

1 year ago

Using ABC to compute product costs per unit

Vladimir [108]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Activity Allocation Rate Mid–Fi Hi–Fi

Setup $1,700/per setup 39 setups 39 setups

Inspections $ 400/per hour 45 hours 15 hours

Machine maintenance $ 10/per machine 1,900 machine 1,200 machine

First, we need to allocate indirect costs using the following formula:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Mid-Fi:

Allocated MOH= 1,700*39 + 400*45 + 10*1,900= $103,300

Hi-Fi:

Allocated MOH= 1,700*39 + 400*15 + 10*1,200= $84,300

Now, we can calculate the unitary cost.

Mid-Fi:

Unitary indirect costs= 103,300/200= $516.5

Unitary cost= 400 + 400 + 516.5= $1,316.5

Hi-Fi:

Unitary indirect cost= 84,300/250= $337.2

Unitary cost= 1,300 + 300 + 337.2= $1,937.2

8 0

4 years ago

Assuming the issuer does not default, can capital gains or losses be a component of the holding period return on a zero-coupon b

tamaranim1 [39]

Yes, because the bond's yield to maturity may have changed.

Do zero coupon bonds have a yield?

Without accounting for any interest payments, zero-coupon bonds always demonstrate yields to maturity adequate to their normal rates of return. The yield to maturity for zero-coupon bonds is additionally known as the spot rate.

What is the difference between a zero-coupon bond and a coupon bond?

Regular bonds, which also are called coupon bonds, pay interest over the lifetime of the bond and also repay the principal at maturity. A zero-coupon bond doesn't pay interest but instead trades at a deep discount, giving the investor a profit at maturity once they redeem the bond for its full face value.

Advantages Of Zero-Coupon Bond:

The Zero Coupon bonds eliminate the reinvestment risk. Zero-Coupon bonds don't let any periodic coupon payments, and hence a hard and fast interest on Zero Coupon bonds is guaranteed.

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2 years ago

To evaluate _____, a systems analyst needs information about projected future volume for all outputs, inputs, and processes.

pentagon [3]

To evaluate Scalability, a systems analyst needs information about projected future volume for all outputs, inputs, and processes.

Systems analyst uses analysis and design techniques in order to solve business problems using information technology. Apart from that they identify what improvements the organization they work for needs, and so they design systems to implement those changes.

System analysts also evaluate Scalability. Scalability is referred to as the measure of a system's ability to increase or decrease in performance and cost in response to changes in application and system processing demands.

Hence, in order to evaluate scalability, a systems analyst requires information about projected future volume for all outputs, inputs, and processes.

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8 0

2 years ago