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3 years ago

Which of the following is not considered part of your gross income?

1 answer:

6 0

Answer: D

If the employer pays the health/medical insurance, accidents then such benefits are not subjected as taxable income. Even the amount appear in W-2 report, it is not considered as income.
However, only If the employer use insurance plan that pays the premium by employers direct payment or employers' own fund. Otherwise the reimbursements can be taxable.

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Audio engineers at 3XT2 have determined that an anechoic additive will increase isolation and improve signal to noise by about 2

Crazy boy [7]

Answer:

The correct answer is $83230

Explanation:

Solution

Given that:

The Present worth of geometric series is shown below

= A *[1 - (1+g)^n /(1+i)^n] / (i-g)

Now,

The present cost of worth from EOY 5 to EOY 13 at EOY 4 = 7000 *[1 - (1+0.12)^9 /(1+0.15)^9] / (0.15-0.12)

Thus,

= 7000 *[1 - (1.12)^9 /(1.15)^9] / (0.03)

Which is,

= 7000 * 7.0572647

= 49400.85

Now, The NPW of all costs = 35000 + 7000*(P/A,15%,4) + 49400.85*(P/F,15%,4)

= 35000 + 7000*2.854978 + 49400.85*0.571753

= 83229.93

Therefore the sound improvement better result in a net present worth profit of how much to negate the costs is $83229.93 or 83230

Note: EOY = End of year.

6 0

2 years ago

Your client has been given a trust fund valued at $1.07 million. He cannot access the money until he turns 65 years old, which i

slega [8]

Answer:

285 Months

Explanation:

n = 30 years × 12 = 360

percent rate = 5.0 % divided by 12 = 0.417.

Now recalling the statement of time value for money,

We have future value = present value × ( 1 + rate) ∧ n

future value = 1, 070,000 × ( 1 + 0.417 ) ∧ 360

future value = 3.33065667 E 60

At age 65, the value 3.33065667 E 60 will be the present monthly withdrawal at $28,500.

present value of ordinary annuity, = annuity ( 1 - (1 + r) ∧ -n ÷ r

= 3.33065667 E 60 = 28500 (1 - ( 1 + 0.417) ∧ - n ÷ 0.417

= 3.33065667 E 60 ÷ 28500 = (1 - ( 1 + 0.417) ∧ - n ÷ 0.417

1.168651462 E 56 = (1 - ( 1 + 0.417) ∧ - n ÷ 0.417

we now introduce logs to determine the value of n

Solving further, we discovered that n= 285.

Therefore, the number of months it will last one he start to withdraw the money is 285 month

6 0

2 years ago

The primary goal of a financial manager is ________. A. maximizing wealth B. minimizing return C. minimizing risk D. maximizing

Pani-rosa [81]

Answer:

D. maximizing profit

Explanation:

Maximizing profit because maximizing wealth may also maximize expenses by a certain limit . Minimizing return or risk may not result in maximum profit.

Maximum profit may help the business to develop grow and have the best results. The primary objective of financial managers is to make the business and company more worthy to its owners employees etc. This is achieved by getting the maximum profits. The maximum profits in turn reward every person connected with the company.

8 0

2 years ago

You are evaluating an investment that will provide the following cash flows at the end of each of the following years: year 1, $

stealth61 [152]

Answer:

$37,680.95

Explanation:

The maximum i would be willing to pay is the present value of the cash flows

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow in year 1 = $12,500

Cash flow in year 2 = $10,000

Cash flow in year 3 = $7,500

Cash flow in year 4 = $5,000

Cash flow in year 5 = $2,500

Cash flow in year 6 = 0

Cash flow in year 7 $12,500

I = 9%

PV = $37,680.95

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

3 0

2 years ago

Jkjgvvvv k11 . jd.ddc.c.c.c.c.c.c.c.c.cc.c.c.c.c.cc.cc.c.c.c.

BabaBlast [244]

Answer:

Ask your question properly

and also follow me

6 0

3 years ago