All categories

3 years ago

A publicist's compensation package includes the total cost of a $180-per-

Business

1 answer:

natima [27]3 years ago

7 0

Answer:

D. $44,580

Explanation:

Here we want to find the yearly value of the compensation package.

To order to do so, we have to add the various terms. We have:

$t_1=\$42,000$ salary per year

Then we have the total cost of a $180-per- month health insurance plan; since there are 12 months in a year, it is

$t_2=12\cdot \$180 =\$2160$ per year

Then we have the total cost of a $35-per-month life insurance, so the yearly cost is

$t_3=12\cdot \$35 =\$420$

Therefore, the total compensation package is

$T=t_1+t_2+t_3=42000+2160+420=\$44,580$

So, option D.

You might be interested in

The supplies account had a beginning balance of $1,592. Supplies purchased during the period totaled $3,852. At the end of the p

Romashka [77]

Answer:

2324

Explanation:

the most important idea that you are trying to convey to your reader? The information in each paragraph must be related to that idea. In other words, your paragraphs should remind your reader that there is a recurrent

3 0

3 years ago

A negotiation support system provides support to the negotiation process by ________.

Natali [406]

Negotiation process is the process by which two or more parties meet to try to reach an agreement regarding conflicting interests.The goal of this process is to <span>reach a settlement that benefits all parties.</span>
A negotiation support system provides support to the negotiation process by increasing the likelihood that an agreement is reached when a zone of agreement exists.

6 0

3 years ago

Harvey Hotels has provided a defined benefit pension plan for its employees for several years. At the end of the most recent yea

svp [43]

Answer:

Answer ; Pension Expenses : $7.5million

Explanation:

Calculation of amount that Harvey Hotels report as pension expense in its income statement for the year -

Particulars Explanation Amount

Service cost Given in the question $6.2 million

Add: Interest cost Given in the question $1.4 million

Less: Expected return on plan assets Given in the question $1.2 million

Add: Amortization of prior service cost Given in the question $1.1 million

Pension Expense ($6.2+$1.4-$1.2+$1.1)million $7.5 million

Hence, option - (B) is Correct.

8 0

3 years ago

On January 1 st 2012, Everhart Corporation, a calendar year company issues $100,000, 5%, 5-year bonds dated January 1, 2012. The

Alborosie

Answer:

Interest expense 2894.7 debit

discount on Bonds Payable 394.7 credit

cash 2500 credit

Interest expense 2906.55 debit

discount on Bonds Payable 406.55 credit

interest payable 2500 credit

Explanation:

We have to solve for the 2013 year which is one year after the issuance ofthe bonds.

We solve for the bond issuance price and then, we construct the bonds schedule and take the numbers from period 3 and 4.

Issuance proceeds: present value fo the coupon payment and maturity at market rate:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 2,500.000

time 10

rate 0.03

$2500 \times \frac{1-(1+0.03)^{-10} }{0.03} = PV\\$

PV $21,325.5071

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 100,000.00

time 10.00

rate 0.03

$\frac{100000}{(1 + 0.03)^{10} } = PV$

PV 74,409.39

PV c $21,325.5071

PV m $74,409.3915

Total $95,734.8986

Now we will calcautlethe interest expense by multiplying carrying value by the market value and sutract from the cash outlay to determinate the amortization on the bonds.

7 0

3 years ago

Just before Henderson Laboratories opened for business, Eugene Henderson, the owner, had the following assets and liabilities. C

Studentka2010 [4]

Answer:

Assets = Laboratory Equipment ( Fixed asset) + Laboratory supplies (Current Asset) + Cash ( Current asset)

= 155,000 + 21,600 + 99,000

= $275,600

Liabilities = Loan Payable ( Long term liability) + Accounts Payable ( current liability)

= 30,400 + 22,750

= $53,150

Assets = Liabilities + Owners Equity

Owners Equity = Assets - Liabilities

= 275,600 - 53,150

= $222,450

8 0

4 years ago