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3 years ago

How much do taxes take out of your paycheck?

1 answer:

6 0

Quite a lot these days.

Let's say you made $4,000

You really only receive
(in your bank account)
About $2,000

It also depends if you have other bank accounts such as retirement savings or college payments.

You might be interested in

Analyzing a market by specific characteristics in order to create a target market is called

romanna [79]

Answer:

Market Segmentation

Explanation:

Analyzing a market by specific characteristics in order to create a target market is called market segmentation.

5 0

3 years ago

How do i write a marketing plan

Ainat [17]

Identify Your Goals. Goals are the most important part of your plan. ...

Know What Makes You Unique. ...

Make Sure You Have A Strong Brand. ...

Optimize Your Website. ...

Create effective Content. ...

Define Your Distribution Channels. ...

Get Found. ...

Measure, Measure, Measure!

Creating Tactical Plans

8 0

3 years ago

The following information is reported for Kinney Corporation at the end of 2013.

nexus9112 [7]

Answer:

a. Compute the amount of retained earnings at the end of 2013.

With 621K in equip. With 495K in equip.

709.500 583.500

b what was its net income for 2013?

With 621K in equip. With 495K in equip.

Net Income 628.500 502.500

Explanation:

With 621K in equip. With 495K in equip.

- Accounts Receivable $103,500 103.500 103.500

- Supplies Inventory 40,500 40.500 40.500

- Equipment 621,000 495,000 621.000 495.000

765.000 639.000

- Accounts Payable 49,500 49.500 49.500

- Cash Common Stock 6,000 6.000 6.000

- Retained Earnings ? 709.500 583.500

765.000 639.000

Retainend earnings

Begining 135000 135000

Cas Dividens -54000 -54000

Retained earnings 709.500 583.500

Net Income 628.500 502.500

4 0

3 years ago

Ingraham Inc. currently has $820,000 in accounts receivable, and its days sales outstanding (DSO) is 54 days. It wants to reduce

Oksanka [162]

Answer: 451759.29

Explanation:

To solve the question, we need to calculate the current sales. This will be calculated by using the formula:

DSO = (Account receivable × 365) / Sales

54 = 820000 × 365 / Sales

Sales = 820000 × 365 / 54

Sales = 5542593

After the new policy, the expected sales will be:

= 5542593 × (1 - 15%)

= 5542593 × (1 - 0.15)

= 5542593 × 0.85

= 4711204.5

The level of accounts receivable following the change will be:

DSO = (Account receivable × 365) / Sales

35 = Account receivable × 365 / 4711204.5

Account receivable = 35 × 4711204.5 / 365

Account receivable = 451759.29

8 0

3 years ago

In 2008, 1 in approximately every 200 cars in the United States was stolen. Beth owns a car worth $20,000 and is considering pur

rjkz [21]

Answer:

A) The amount of the premium in fair insurance policy that replaces Beths car, must be equal to the probability or expectation of claim of car theft.

Therefore, the Premium amount = 20000 x (1/200)

= 20000 (0.005)

= $100

B) If an Insurance company charges 0.6% for replacing a stolen car, then the policy will cost beth:

20000* 0.6%

= 12,000/100

= $ 120

C) To be risk-neutral means to be indifferent to the risk. This means that Beth would be indifferent. She most likely will be focused on maximizing value for money. In other words, she will NOT pay for the insurance policy in part b because part A provides her with the exact (or fair) premium for her insurance.

D) The moral hazard problem is this, people tend to become more careless with an insurance policy in place. This moral hazard arises form the knowledge that there is an insurance policy that caters to their risks.

As a matter of practice, therefore, insurance companies factor this increased risk into their premiums. Where the premium was supposed to be $100, they may charge $120.

In summary, it means that Beth most likely will move from becoming risk neutral to becoming (to a certain degree) more risk loving.

Cheers!

3 0

3 years ago