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4 years ago

Compute the requested value. Choose the correct answer.

Business

2 answers:

Sunny_sXe [5.5K]4 years ago

4 0

Answer:

155.53

Explanation:

odyssey ware

Deffense [45]4 years ago

3 0

The answer is 155.53

The cost is $138.25. This is 100%.
The desired markup is 12.5%. Let x be the price after the desired markup. x is 112.5% (100% + 12.5% = 112.5%).

Again:
$138.25 is 100%
x is 112.5%

Make the proportion:
$138.25 : 100% = x : 112.5%
x = $138.25 * 112.5% : 100%
x = $155.53

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Youngston Company (a Massachusetts employer) wants to give a holiday bonus check of $750 to each employee. Since it wants the ch

stepan [7]

Answer:

Gross bonus=$1,148.54

FIT=252.68

OASDI=71.21

HI =16.65

MASS. TAX=58.00

Explanation:

Calculation for the withholding taxes and the gross amount of the bonus

Calculation for gross amount of the bonus

Gross amount of the bonus= [$750/ (1- 0.22 - 0.062 - 0.0145 - 0.0505] - 0.01

Gross amount of the bonus= [$750/ (0.78 - 0.062 - 0.0145 - 0.0505] - 0.01

Gross amount of the bonus= [$750/ 0.653] - 0.01

Gross amount of the bonus=1,148.545-0.01

Gross amount of the bonus=$ 1,148.54

Therefore the Gross amount of the bonus will be $ 1,148.54

Calculation for the withholding taxes

FIT =1148.54 * 22%

FIT=252.68

OASDI= 1148.54 * 6.2%

OASDI=71.21

HI=1148.54 * 1.45%

HI =16.65

MASS. TAX =1148.54 * 5.05%

MASS. TAX =58.00

NET 750.00

[$1,148.54-(252.68+71.21+16.65+58.00)]

Therefore the withholding taxes are:

FIT=252.68

OASDI=71.21

HI =16.65

MASS. TAX = =58.00

7 0

3 years ago

What is the future value of a 5%, 5-year ordinary annuity that pays $350 each year? Round your answer to the nearest cent. $ If

Lady_Fox [76]

Answer:

The future value of a 5%, 5-year ordinary annuity that pays $350 each year is $1,933.97

If this were an annuity due, its future value is $2,030.67

Explanation:

Rate: 5%

Annual payment: ($350)

Tenor: 5 years

We can use excel to calculate the future value =FV(rate,tenor,payment,type)

=(5%,5,-350,,0)= $1,933.97

type "0" is payment at end of period (at year end).

Annuity due is an annuity whose payment is due immediately at the beginning of each period, so type for this is "1)

= (5%,5,-350,,1) = $2,030.67

Please see excel attached for more details

Download xlsx

6 0

3 years ago

Which of these factors mostly greatly impacts business cycles

sveta [45]

The answer is D. economy

8 0

3 years ago

Penny buys 3 bouquets of flowers for $3 each and 4 bouquets for $2 each. which expression gives the total cost of the bouquets t

Elis [28]

The correct answer is 3³+ 4×2

Lets, calculate the total cost of the boquets of flowers that penny buys,

Penny buys 3 boquets of flowers, for 3$ each so, the total cost is given by,

3×3 = 33$

Penny buys 4boquets of 2$ each.

So, the total cost of the boquets of the flowers that worth 2$ each is given by,

(4×2 )

So, the total costs of the boquets of flowers that penny buys is given by,

3³+42.

Total cost is defined as the total expense by the individual or a company added to the variable costs occur. Total cost help the businesses to calculate their profits and loss and maintain their sales data.

The terms fixed costs, total fixed costs, and variable costs have a similar sound, there are important distinctions among the three. The primary difference is that whereas variable costs and total fixed costs are heavily over dependent on the quantity of goods or services a company produces, fixed costs do not take that quantity into account.

To learn more about fixed cost, refer this link

brainly.com/question/27328807

#SPJ4

4 0

2 years ago

How will each of the following changes in demand and/or supply affect equilibrium price and equilibrium quantity in a competitiv

Taya2010 [7]

Answer:

a. Equilibrium price rises but equilibrium quantity falls.

b. Equilibrium price falls and equilibrium quantity also falls.

c. Equilibrium price falls but equilibrium quantity rises.

d. Equilibrium price is indeterminate but equilibrium quantity rises.

e. Equilibrium price rises and equilibrium quantity also rises.

f. Equilibrium price falls but equilibrium quantity is indeterminate.

g. Equilibrium price rises but equilibrium quantity is indeterminate.

h. Equilibrium price is indeterminate but equilibrium quantity falls.

Explanation:

In theory of demand and supply, the following are the simple rules used to determine the effects of changes demand and supply on equilibrium price and quantity:

1. When there is a change in demand but supply does not change, the direction of changes in both the equilibrium price and equilibrium quantity will be the same.

2. When there is a change in supply but demand does not change, direction of changes in both the equilibrium price and equilibrium quantity will be opposite.

3. If both the demand and supply change in the opposite direction, it is possible to determine the change in the equilibrium prices while the change in the equilibrium quantity will be indeterminate because they depend on the magnitudes of the shifts.

3. If both the demand and supply change in the the same direction, it is possible to determine the change in the equilibrium quantity while the change in the equilibrium price will be indeterminate because they depend on the magnitudes of the shifts.

4 0

3 years ago