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3 years ago

3. What is the key difference between Net Pay and Gross Pay?

Business

1 answer:

Step2247 [10]3 years ago

6 0

Answer:

B- Net pay is the total amount of money you get AFTER taxes are deducted.

Explanation:

Gross pay is earning an individual gets before any deductions are made. It is comprised of the time or piecemeal rate, allowances, bonus, commissions, and any other benefits that an individual is entitled to.

Net pay is the take-home earning. It is pay that has been subjected to taxation and other deductions. To a salaried employee, net pay is the amount that gets to his or her account. In other words, net pay is gross pay minus taxes and other deductions. Usually, the gross pay amount is higher than the net pay.

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Stock Y has a beta of 1.40 and an expected return of 14.8 percent. Stock Z has a beta of .85 and an expected return of 11.3 perc

tresset_1 [31]

Answer:

Stock Y has overvalued and Stock Z as undervalued

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

For Stock Y

= 4.85% + 1.40 × 7.35%

= 4.85% + 10.29%

= 15.14%

For Stock Z

= 4.85% + 0.85 × 7.35%

= 4.85% + 6.2475%

= 11.0975%

The (Market rate of return - Risk-free rate of return) is also called market risk premium and the same is applied in the answer

As we see the expected return of both the stock So, Stock Y has overvalued and Stock Z as undervalued

4 0

3 years ago

You want to have $2.5 million in real dollars in an account when you retire in 50 years. The nominal return on your investment i

mario62 [17]

Answer:

The real amount must you deposit each year to achieve your goal is $1,682.0610

Explanation:

In order to calculate the real amount must you deposit each year to achieve your goal first we have to calculate the real rate as follows:

Real rate=(1+nominal rate)/(1+inflation rate)-1

=(1+0.14)/(1+0.03)-1

=(1.14/1.03)-1

0.10679611(Approx)

So, the real amount must you deposit each year to achieve your goal is calculated by the following formula:

Future value of annuity=Annuity[(1+rate)^time period-1]/rate

$2,500,000=Annuity[(1+ 0.10679611)^50-1]/ 0.10679611

$2,500,000=Annuity*1,486.27188043

Annuity=$2,500,000/1,486.27188043

Annuity=$1,682.0610(Approx).

The real amount must you deposit each year to achieve your goal is $1,682.0610

6 0

3 years ago

If Barcelona has a core staff of restaurant managers and head chefs and contracts with staffing agencies to fill all other posit

e-lub [12.9K]

Answer:

D. Network

Explanation:

Network structure: It is an organizational structure, which does not have a hierarchical or flat structure rather it is more decentralize and flexible structure than any other organizational structure. This structure relies more on open communication and reliable partner outside the organization, which reduce liability and department to have more control and lesser flaws in management. Many third parties, informal networks, agents are involved in the network structure of the organization.

In the given case, the company has contracts with staffing agencies to fill non core positions from accountants to dishwashers, which is an example of network structure.

3 0

3 years ago

Riverview Inc. reports the following balances and amounts. The following information is presented in random order. Accounts paya

RSB [31]

Answer:

The earning per share is $1.3 per share

Explanation:

For computing the earning per share, we need to apply the formula of Earning per share which is shown below:

Earning per share = (Net income - Dividends paid to preferred shareholders) ÷ average common shares

= ($36,000 - $10,000) ÷ $20,000 shares

= $1.3 per share

The other items which are mentioned in the question are not relevant. Kindly ignored it.

7 0

3 years ago

Sam is planning to start a pool cleaning company from his home. He has decided on a radius of 30 miles from his home as a region

Citrus2011 [14]

Answer:

The correct answer is option d.

Explanation:

Sam is planning to start a pool cleaning company from his home.

He has decided on a radius of 30 miles from his home as a region of operation.

He found that 43% of the homes in the region have a swimming pool.

There are 36,248 homes within a 30-mile radius of Sam’s home.

The amount of potential customers Sam has

= $\frac{43}{100}\ \times\ 36,248$

= 15,586.64

So, Sam has approximately 15,587 potential customers.

4 0

4 years ago