I think that the answer may be option B. I am not 100% for sure but that is the choice that makes the most sense.
Answer:
Gross Income - $2570 ($21.60*119)
Group Health Insurance - $360 ($2570*0.14)
Pension Deduction- $154 ($2570*0.06)
Total Deduction- $514 ($360 + $154)
Net Pay- $2056 ($2570 - $514)
Explanation:
As the question states given the pay rate and hours worked, No Data of pay rate and hours worked is provided. Gross Earnings are $21.60 which doesn’t seem accurate when compared with Group Health Insurance and Pension figures. However let’s assume the pay rate to be $21.60 and hours worked to be 119 hours then we will have the following results:
Gross Income - $2570 ($21.60*119)
Group Health Insurance - $360 ($2570*0.14)
Pension Deduction- $154 ($2570*0.06)
Total Deduction- $514 ($360 + $154)
Net Pay- $2056 ($2570 - $514)
I hope this is the type of answer you must be looking for!
Answer:
$9,600
Explanation:
Annual Depreciation = Cost – Residual Value/Useful Life
Using the formula
Cost=$57,000
Residual value =$9,000
Useful life =5years
Hence:
$57,000 – $9,000/5
=$48,000/5
= $9,600
The second-year depreciation will therefore be $9,600
The true economic yield produced by an asset is summarized by the asset's<u> internal rate of return.</u>
<h3>
What is internal rate of return?</h3>
- In financial analysis, the internal rate of return (IRR) is a statistic used to calculate the profitability of possible investments. IRR is a discount rate that, in a discounted cash flow analysis, reduces all cash flows' net present values (NPV) to zero.
- The same formula is used for NPV calculations and IRR calculations. Remember that the project's true financial value is not represented by the IRR.
- The annual return is what brings the NPV to a negative value. The more attractive an investment is to make, the greater the internal rate of return.
- IRR can be used to rank numerous potential investments or projects on a pretty even basis because it is consistent for investments of different types.
To learn more about internal rate of return with the given link
brainly.com/question/13016230
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Dollar for dollar. have to make the dollar go far.