Answer:
Total deduction 2,443.21
Explanation:
8,288
x 6.20% Sccial Security 513.856
x 1.45% Medicate 120.176
x 6.20% FUTA&SUTA (for 7,000) 434
Income tax witheld 1,375.17
Total deduction 2,443.21
We will multiply his taxable wages for period by the tax rate.
We must noticew FUTA and SUTA applies fdor the first 7,000 only so we multiply by 7,000 not by 8,288
Answer:
Federal Reserve
Explanation:
The Federal Reserve (FED) distributes new currency through its 12 Federal Reserve Banks. Depository institutions (e.g. savings bank, commercial bank, savings and loan association, or credit union) buy currency from the Federal Reserve Banks when they need extra cash and they deposit cash when they have too much cash.
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Answer:
(a) 12.95%
(b) 6.70%
Explanation:
(a)
Risk free rate = 5.30%
Risk Premium = 5.10%
Beta = 1.50
Cost of Equity is calculated below using CAPM formula:
Expected rate of return:
= Risk free rate + Risk Premium × Beta
= 5.30% + 5.10% × 1.50
= 5.30% + 7.65%
= 12.95%
Hence, Cost of equity for company stock is 12.95%.
(b) Value of stock = Expected dividend ÷ (cost of equity - Growth rate)
$32 = $2 ÷ (12.95% - Growth rate)
(12.95% - Growth rate) = $2 ÷ $32
Growth rate = 12.95% - 6.25%
= 6.70%
Hence, the growth rate in dividend is 6.70%.
Answer:
The answer is: is the total satisfaction derived from the consumption of given quantity of a good.
Explanation:
Utility is the value or satisfaction received form consuming a product or service.
Total utility is the total satisfaction received from consuming a given amount of units of a product or service.
While marginal utility is the satisfaction we receive from consuming an additional unit of a product or service.
