<span>Taurus's employer must record $60.76 for unemployment compensation because his yearly pay has not yet exceeded the $7,000 cap. Taurus's oasdi tax would be $60.76 and the medicare tax total is $14.21. The total payroll tax expenses for Taurus's employer to pay is $135.73.</span>
<u>Calculation of Edelman's market/book ratio:</u>
The market/book ratio is calculated with the help of following formula:
Market/book ratio = Market price per share / Book value per share
The Book value per share can be calculated as follows;
Book value per share =Common Equity/ Shares of common stock outstanding
= 8,000,000,000 /500,000,000
= 16
Hence ,
Market/book ratio = 25/16 = 1.56
Hence, Edelman's market/book ratio is <u>1.56</u>
Answer:
$4,136.77
Explanation:
In this question, we use the present value formula which is shown in the attachment below:
Given that,
Future value = $10,000
Rate of interest = 4.7% ÷ 2 = 2.35
NPER = 19 years × 2 = 38 years
PMT = $0
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
After solving this, the price of the bond is $4,136.77
