Monthly income refers to the gross countable income received or projected to be received during the subsequent month.
<h3>
Interest compounded monthly</h3>
Given Information:
- Principal = 328,133.32
- Interest rate = 6.2%, compounded monthly
- Term = 25 years
A = P (1 + r/n)^nt
A = 328,133.32 (1 + 6.2%/12)^12*25
A = 328,133.32 (1 + 0.0052)^300
A = 328,133.32 (1.0052)^300
A = 328,133.32 (4.74)
A = 1,555,351.94 Total value after 25 years.
=1,555,351.94 / 300 months = 5,184.51 per month.
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Nataro, Incorporated, has sales of $742,000, costs of $316,000, depreciation expense of $39,000, interest expense of $34,000, an
LenaWriter [7]
Based on the information given the net income is $278,870.
<h3>Net income </h3>
Sales $742,000
Less Costs ($316,000)
Les Depreciation ($39,000)
EBIT $387,000
Less Interest ($34,000)
Taxable Inc. $353,000
Taxes (21%) $74,130
($353000×21%)
Net Income $278,870
($353,000-$74,130)
Inconclusion the net income is $278,870.
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First, the value of each share rose by 2. So we have +2.
Then it fell by 5. So we have
2 - 5 = -3
Each share has a net value of negative 3.
Dave owns 15 shares. So,
15 * (-3) = -45.
So, there is a net loss of $45.
Answer:
Compensation management is the act of distributing some type of monetary value to an employee for their work by means of the company's policy or procedures. ... Reward management consists of analysing and controlling employee remuneration, compensation and all of the other benefits for the employees
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