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alexandr1967 [171]
3 years ago
12

An employer pays $90 of a $100 group disability premium, and the employee pays the other $10. The disability benefit under the p

lan is $1,000/month. If the employee becomes disabled and receives the full benefit, how much, if any, of the monthly benefit would be taxable income?
Business
2 answers:
vovangra [49]3 years ago
8 0

Answer:

Explanation:

Taxable income is defined as the income used to calculate how much tax an individual or a company owes to the government in a given tax year. It is described as adjusted gross income (that is, total income, known as “gross income,” minus any deductions or exemptions allowed in that tax year).

Since the employer pays $90 per $100 of the disability premium.

Disability benefits = $1000 per month

Taxable income = $90/$100 × $1000

= $900

geniusboy [140]3 years ago
5 0

Answer:

the monthly benefit taxable income would be $900

Explanation:

For a Plan of $1,000/month if the employer pays $90 and the employee pays the other $10 of a $100 group disability premium.

after paying the total amount of  %100 according to the plan if the employee gets disabled then he will get 90% of the total amount which is taxable income.

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(Advanced analysis) The demand for commodity X is represented by the equation P = 10 - 0.2Q and supply by the equation P = 2 + 0
ioda

Answer:

Q = 10

Explanation:

Assuming that supply remains the same, the new supply and demand equations are, respectively:

P_S = 2 + 0.2Q\\P_D = 7 - 0.3Q

The equilibrium quantity occurs at the point for which the prices in the supply and demand equations are the same:

2 + 0.2Q = 7 - 0.3Q\\0.5Q=5\\Q=10

The new equilibrium quantity is Q = 10.

5 0
3 years ago
Shontelle received a gift of income-producing property with an adjusted basis of $49,000 to the donor and fair market value of $
Ugo [173]

Answer:

The recognized gain or loss is -$4000.

Explanation:

Gift property value = $49000

fair market value = $35000

realized loss = sale price - fair market value

                     = $31000 - $35000

                     = -$4000

Therefore, The recognized gain or loss is -$4000.

4 0
3 years ago
Somebody knows about KEIRETSU???
Yuri [45]
Kei·ret·su
kāˈretso͞o/
noun
(in Japan) a conglomeration of businesses linked together by cross-shareholdings to form a robust corporate structure.
6 0
3 years ago
Suppose Compco Systems pays no dividends but spent $ 4.92 billion on share repurchases last year. If​ Compco's equity cost of ca
RUDIKE [14]

Answer:

$144.81 bil or $22.99 per share

Explanation:

We can apply discounted dividend model (DDM) to value the stock in this example because share repurchase is equivalent to cash dividend, which are both cash paid out to shareholders of the company.

DDM is stated as below:

V_o = [D_o x (1 + g)]/(r - g), where:

V_o: Intrinsic value of the company

D_o: Current dividend or Share repurchased in cash;

g: Dividend growth;

r: cost of equity.

Putting all the number together, we have:

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4 0
3 years ago
Leslie loves to shop at T.J. Maxx and feels she is saving a lot of money because the price tags usually have the manufacturer's
Vilka [71]

Answer: Reference price  

Explanation:

 According to the question, the manufacturer suggested retail prices (MSRP) is basically used as the the reference price as it is refers to the price where the buyer willing to pay the price for the products and the services in the market.

It is also known as the competitor pricing and the reference pricing is mainly used by the high volume buyers.

The reference price make easily accessing the quality of the products and its actual price to the customers in the market for avoid any type of confusion.    

Therefore, Reference price is the correct answer.    

7 0
3 years ago
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