6. Getting student loans in order to pay for a more expensive private college and

The first day on the job waiting tables at a popular restaurant, amber noticed that when one member of the waitstaff was serving

storchak [24]

Amber was observing an example of the<u> "integrity-based ethics" </u>followed at this organization.

An integrity-based approach to ethics management consolidates a worry for the law with an accentuation on administrative duty regarding moral conduct. In spite of the fact that integrity strategies may change in plan and extension, all endeavor to characterize organizations' directing qualities, goals, and examples of thought and lead. At the point when integrated into the everyday tasks of an association, such methodologies can help avert harming moral failures while taking advantage of ground-breaking human motivations for good idea and activity. Then an ethical structure turns into no longer a troublesome imperative inside which organizations must work, yet the administering ethos of an association.

4 0

3 years ago

In a certain jurisdiction caroline, who is earning $42,200, currently pays a flat percentage of 25% income tax. The tax authorit

NISA [10]

The amount of tax paid less by Caroline as per the new taxation policies will be $950 over her annual salary of $42,200 after the taxes are applied assuming deductions being made.

The calculation of tax saved by Caroline will be done on the basis of comparing the taxation rates of both the policies after taking the changes into account.

<h3>Calculation of tax savings</h3>

The formula for calculation of tax will be done as follows when the taxes are charged on flat basis under the old policy,

$\rm Income\ Tax= Salary\ x\ Rate\ of\ Taxation\\\\\rm Income\ Tax= 42200\ x\ {\dfrac{25}{100}\\\\\\\\\\\\\\rm Income\ Tax= \$10550$

The taxation for the first $20000 as per the new policy will be

$\rm Income\ Tax\ Threshold= 20000\ x\ \dfrac{15}{100}\\\\\rm Income\ Tax= \$3000$

Calculating further taxation,

$\rm Income\ Tax= 22200\ x\ \dfrac{30}{100}\\\\\rm Income\ Tax= \$6600$

So, total taxation as per the new policy will be $9600. Now comparing the taxation of old scheme with new scheme, we get,

$\rm Income\ Tax\ Savings= Old\ Taxation - New\ Taxation\\\\\rm Income\ Tax\ Savings=10550-9600\\\\\rm Income\ Tax\ Savings=950$

So, the total taxes saved are $950 when the taxation rate changes.

Hence, the correct statement is that tax savings of $950 is possible when the authorities change the taxation rates to such slab rates by Caroline.

Learn more about tax savings here:

brainly.com/question/2396701

6 0

3 years ago

Partridge Plastic's stock has an estimated beta of 1.4, and its required return is 13%. Cleaver Motors' stock has a beta of 0.8,

faust18 [17]

Answer:

e. 10.0%

Explanation:

Using the capital asset pricing model we have:

Required return = Rf + beta $\times$ (Rm - Rf)

Where Rf = Risk free return

Rm = Market return

Beta = Beta coefficient

Provided,

Partridge Plastic Stock's information as:

Beta = 1.4

Required return = 13%

Risk free rate = 6%

Putting values in equation, we will get market rate of return

13% = 6% + 1.4 $\times$ (Rm - 6%)

$\frac{0.07}{1.4}$ = Rm - 6%

5% = Rm - 6%

11% = Rm

Now putting this value in equation for information provided for Cleaver Motor's Stock

Required return = 6% + 0.8 $\times$ (11% - 6%)

= 6% + 4%

= 10%

3 0

3 years ago

In its 2013 annual report, Snap-On Incorporated reported the following (in millions):

castortr0y [4]

Answer:

Option (c) is correct.

Explanation:

Given that,

Current assets = $1,796.2

Total shareholders equity = $2,130.4

Total liabilities = $1,979.6

Accounting equation is as follows:

Assets = Total liabilities + Total Stockholder's equity

= $1,979.6 + $2,130.4

= $4,110 million

Therefore, the Snap-On report as total assets at year-end 2013 is $4,110 million.

6 0

3 years ago

A firm has a market value equal to its book value. Currently, the firm has excess cash of $1,000 and other assets of $3,000. Equ

3241004551 [841]

Answer:

Par value of equity = $4,000/500 shares

= $8 per share

No of shares repurchased = $1,000/$8

= 125 shares

Number of shares outstanding = 500 shares - 125 shares

= 375 shares

Explanation:

In this case, we need to determine the par value of shares by dividing the total worth of shares by the number of shares. Then, we will calculate number of shares repurchased by dividing the excess cash by the par value per share. Finally, we will calculate the number of shares outstanding by deducting the number of shares repurchased from the number of shares available.

5 0

3 years ago