Answer:
$4,713.425
Explanation:
The computation of amount of net pay for the employee for the month of January is shown below:-
Deductions = (Gross earning × Social security tax rate) + (Gross earning × Medicare tax rate) + Federal income taxes + Health insurance + Contribution of retirement plan
= ($5,550 × 6.2%) + ($5,550 × 1.45%) + $184 + $152 + $76
= $344.1 + $80.475 + $184 + $152 + $76
= $836.575
Net pay = Gross earning - Deductions
= $5,550 - $836.575
= $4,713.425
Therefore for computing the net pay we simply applied the above formula.
Answer:
Explanation:
This is a challenge posed by the facelessness that results from the use of new technology accessible in the workplace. This applies to any form of business that is either done completely autonomous or is done in an online format. Such a type of store is an E-commerce store, since all of the sales on this platform are done online, there is no face-to-face contact between the store owner/employees and the customers. Therefore, the store owners can make decisions thinking it is best for the store, but cannot fully understand the complete effect that it will have on the customers.
Answer:
$1,381.64
Explanation:
For this question, we determine the Future value. By applying the future value formula that is shown on the spreadsheet. Kindly find it below:
Data provided
Future value = $0
Rate of interest = 14% ÷ 2 = 7%
NPER = 5 years ××2 = 10 years
PMT = $100
The formula is shown below:
= -FV(Rate;NPER;PMT;PV;type)
So, after solving this, the future value is $1,381.64
Option B
Cash flows that could be realized from the best alternative use of an owned asset are called opportunity costs
<u>Explanation:</u>
Opportunity costs describe the gains an individual, investor or firm misses out on when picking one choice over another. Bottlenecks are usually a basis of opportunity costs. Analyzing opportunity costs can lead you to extra effective decision-making. Opportunity cost investigation also performs a vital role in preparing a business's capital structure.
Opportunity cost cannot forever be completely quantified at the time when a decision has arrived. Alternatively, the person performing the decision can only approximately predict the consequences of various dilemmas
Answer:
Initial outlay = $250,000
Annual cash inflow = 25% x $250,000 = $62,500 per annum
Payback period = <u>Initial outlay</u>
Annual cash inflow
= <u>$250,000</u>
$62,500
= 4 years
Explanation:
In this respect, there is need to calculate the annual cash inflow, which is 25% of initial outlay. Then, we will divide the initial outlay by the annual cashflow. This gives the payback period of the machine.