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Mekhanik [1.2K]
4 years ago
12

Enter a logical function in cell F5 that calculates employee FICA withholding. If the employee is full-time and has at least one

dependent, then he or she pays 7% of the annual salary minus any deductions. All other employees pay 5% of the annual salary minus any deductions. Copy the function down through column F. Format the data in column F with Accounting Number Format.

Business
1 answer:
mixer [17]4 years ago
3 0

Answer:

the formula in cell F5 =IF(AND(B5="FT",C5>0),0.07*(D5-E5),0.05*(D5-E5))

Explanation

Check attachment for the given data and solution data

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The stock is undervalued. As the required rate of return (6.5%) on market is less than the actual return (7%), the stock is said to be undervalued as it provides an actual return greater than the required rate of return.

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To check if a stock is over valued, undervalued or correctly valued, we simply compare the required rate of return on a stock as measured by CAPM with the actual return on the stock.

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Detailed solution is given below:

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If we use numbers, as example, we can get that:

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