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4 years ago

Which of the following is designed to partially remedy the problem of excessive insurance? Baumol’s cost disease

Business

1 answer:

IgorC [24]4 years ago

7 0

Answer:

The Cadillac tax

Explanation:

The benefit for health case sponsored by the employer in the case when the defined limits that should be legal will be 40% of excise tax also the taxes are paid by the insurance companies but the same is to be borne by an individual also it determines who has to receive the benefit of the insurance. It also restricts the limit of private health insurance

So here in the given situation, it is a Cadillac tax

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A $50,000 note payable is retired at its $50,000 carrying (book) value in exchange for cash. The only changes affecting retained

Andre45 [30]

Answer:

Increase in Cash is $3,500

Net cash flow from operations $143,310

Net cash flow from investing activities $4,500

Net cash flow from Financing activities -$135,310

Explanation:

Please refer to the attached for detailed prssentation

5 0

3 years ago

If gross pay increases by $500, total employee benefits increase by $200 and total job expenses decrease by $300, then total emp

denis23 [38]

Answer:

option (d) increases by $1,000

Explanation:

Data provided in the question:

Increase in gross pay = $500

Increase in total employee benefits = $200

Decrease in total job expenses = $300

Now,

The change total employment compensation

= Increase in gross pay + Increase in total employee benefits + Decrease in total job expenses

= $500 + $200 + $300

= $1,000 (Here, the positive value means an increase )

Hence,

The answer is option (d) increases by $1,000

5 0

3 years ago

Failure of a VITA/TCE volunteer to comply with the Volunteer Standards of Conduct could result in which of the following?a.The v

N76 [4]

Answer:

D: All of the above

Explanation:

D. All of the above may be considered an appropriate action depending on the type of violation and the sponsoring partner’s corrective actions.

Failure to comply with these standards could result in, but is not limited to, the following:

• Your removal from all VITA/TCE Programs;

• Inclusion in the IRS Volunteer Registry to bar future VITA/TCE activity indefinitely;

• Deactivation of your sponsoring partner’s site VITA/TCE EFIN (electronic filing ID number);

• Removal of all IRS products, supplies, loaned equipment, and taxpayer information from your site;

• Termination of your sponsoring organization’s partnership with the IRS;

• Termination of grant funds from the IRS to your sponsoring partner; and

• Referral of your conduct for potential TIGTA and criminal investigations

7 0

3 years ago

Great Western Southern purchased $525,000 of equipment four years ago. The equipment is seven-year MACRS property. The firm is s

tester [92]

Answer: $153,782.70

Explanation:

The MACRS allowance percentages are as follows, commencing with Year 1: 14.29, 24.49, 17.49, 12.49, 8.93, 8.92, 8.93, and 4.46 percent.

In 4 years, the depreciation would be:

= Cost price * (4 year deprecation)

= 525,000 * (14.29% + 24.49% + 17.49% + 12.49%)

= $360,990

Book value :

= 525,000 - 360,990

= $164,010

Gain (loss) = Sale price - Book value

= 150,000 - 164,010

= ($14,010)

Tax payable = (14,010) * 27%

= ($3,782.70)

After-tax cash flow:

= Selling price - Taxes

= 150,000 - (-3,782.70)

= $153,782.70

<em>Note: If there are options, beware of rounding errors and pick nearest option. </em>

6 0

3 years ago

Edwards Electronics recently reported $11,250 of sales, $5,500 of operating costs other than depreciation, and $1,250 of depreci

PIT_PIT [208]

Answer:

$3,210.94

Explanation:

The NOPAT of the Edwards electronics can be determined through the following mentioned method.

Sales: $11,250

Operating costs: ($5,500)

Depreciation: ($1,250)

Interest payment ($218.75)

($3,500*6.25%)

Profit before tax $4,281.25

Taxes(25%) ($1,070.31)

NOPAT $3,210.94

7 0

4 years ago