Answer:
option (A) $212.97
Explanation:
Data provided in the question:
Gross earnings for the pay period ending 10/15/16 = $5,835
Total gross earnings as of 9/30/16 = $104,400
Social Security tax rate = 6.2%
Now,
Total earnings
= Gross earnings for the pay period ending 10/15/16 + Total gross earnings as of 9/30/16
= $5,835 + $104,400
= $110,235
since,The Social Security taxes are on a maximum earnings of $106,800 per year
therefore,
Sabrina's Social Security withheld from her 10/15/16 paycheck will be
= ( Total earnings - $106,800 ) × Social Security tax rate
= ( $110,235 - $106,800 ) × 0.062
= $3,435 × 0.062
= $212.97
Hence,
The answer is option (A) $212.97
Answer:
A
Explanation:
A budget constraint is a graph that shows all the combination of goods a consumer can consume given current prices and income of the consumer.
If income increases, the budget constraint will shift out parallel to the old
If income decreases, budget constraint will shift in parallel to the old one.
Answer:
option b is correct
current stock price is $42.64
Explanation:
given data
dividend = $1.75
growth rate = 25% for 2 year
growth rate 1 = 6%
required return 2 = 12%
to find out
current stock price
solution
we will find here first stock price after 2 year that is
stock price = cash flow at 2 year end × ( 1+rate ) / ( rate 2 - rate1 ) ..................1
so here cash flow at 2 year end = 1.75×1.25 = 2.1875
2.1875 × 1.25 = 2.734
stock price = 2.734 × ( 1+ 0.06 ) / ( 0.12 - 0.06 )
stock price = 48.30
so stock price at 0.12 return
= cash flow at 1 year / ( 1+ rate 2 ) + cash flow at 2 year / ( 1+ rate 2 )² + stock price / ( 1+ rate 2 )²
= 2.1875 / ( 1+ 0.12 ) + 2.734 / ( 1+ 0.12 )² + 48.30 / ( 1+ 0.12 )²
= $42.64
so option b is correct
current stock price is $42.64
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