Net earning for owner after payment to top manager, last year = $(130,000 - 65,000) = $65,000
This year, out of the forecast profit of $270,000, Owner has to pay to the top manager = $35,000 + 16% x $270,000
= $(35,000 + 43,200) = $78,200
Net money earned by owner this year = $(270,000 - 78,200) = $191,800
Change in net owner's earning = $(191,800 - 65,000) = $126,800
Answer:
D. An asset of the Federal Reserve Banks and a liability for the U.S. Treasury
Explanation:
For all demand deposits that banks receive, a percentage share must be deposited with Federal Reseve. This is called compulsory withdrawal and serves to ensure the solubility of the financial system.
For banks, this represents an asset as it is an amount they will have to receive when the Fed authorizes it. For the US Treasury, this represents a liability, which is a future payment obligation, as these amounts will be returned to banks in the future.
Answer:
a)Brett has a cause of action against Warson's Diner for retaliatory discharge under Title VII of the Civil Rights Act of 1964.
Explanation:
From the question, we are informed about Brett, the manager at Warson’s Diner, who plans to promote Keisha, one of the waitresses, to the position of an assistant manager. We are also told that the owner, being racially biased, prevents him from doing so and in the end , Brett gets fired
What holds true in this scenario described above is that Brett has a cause of action against Warson's Diner for retaliatory discharge under Title VII of the Civil Rights Act of 1964.
Title VII of the Civil Rights Act of 1964. Is a law, of Act of 1964 that oversee any form of discrimination against employee of an organization and shield them from been discriminated because of race they belong to, their sex , their National origin an so on . The law doesn't only forbid discrimination that is intentional, but all actions that speak discrimination wether intentional or not.
Liability insurance covers damage to the insured vehicle that occurs as a result of anything other than collision. This can be as a result of Mother Nature, fire or vandalism. Most insurance policies include hitting a deer<span> under the comprehensive insurance rather than collision. This can cause confusion.</span><span>
Collision insurance covers damage that occurs as a result of a collision with another vehicle or object. This coverage applies regardless of who is at fault in the accident. Collision coverage will handle damage from hitting a post, tree, curb or other various objects.
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A 4% S/A coupon bond with 4 coupons remaining has a BEY of 8.00%, is mathematically given as
DP=95.696. Option D is correct
<h3>What is the dirty price of this bond?</h3>
Generally, dirty price is simply defined as It's important to note that a "dirty price" is simply a bond pricing quotation that takes into account both the coupon rate and any interest that has already accumulated on the bond.
In conclusion, Dirty price
DP = (Clean price + interest Accrued)
Therefore
DP=0.80*(4%*100/2)+2*(1-(1+4%)^(-3.20))/(4%)+100/(1+4%)^(3.20)
DP=95.696
CQ
A4% S/A coupon bond with 4 coupons remaining has a BEY of 8.00%. You buy the bond a little over a month before you get the first coupon. Specifically, the fraction of the 6-month period that has already elapsed is 0.80.
Calculate the dirty price of this bond.
O 81.370
85.216
93.471
o 95.696
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