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3 years ago

6

jill's employer has a compensation package that includes vacation pay, retirement, and life insurance but allows all employees t

o choose which compensation they prefer. this is known as a _______.

1 answer:

Angelina_Jolie [31]3 years ago

3 0

For Apex it is B. Cafeteria plan

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What happens in your retirement if you have a lapse in your years of work history?

TiliK225 [7]

Your monthly benefit will be lower

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3 years ago

The process of setting aside money and putting it to work by having it earn interest or dividends or gain value in the equities

Kisachek [45]

Answer:

Saving and investing.

Explanation:

Savings is basically putting aside current money for future use. Investing is committing money to make profit over period of time.

4 0

4 years ago

Last year Hamdi Corp. had sales of $500,000, operating costs of $450,000, and year-end assets (which is equal to its total inves

adelina 88 [10]

Answer:

1.74%

Explanation:

17% Debt 50% Debt

Sales $500,000 $500,000

Less: Cost $450,000 $450,000

Less: Interest <u>$5,546</u> <u>$17,400</u>

Profit before tax $44,454 $32,600

Less: Tax at 35% <u> $15,559</u> <u>$11,410</u>

Net Income <u> $28,895</u> <u>$21,190</u>

Equity $361,050 $217,500

Return on Equity 8.00% 9.74%

Change in ROE = 9.74% - 8.00% = 1.74%

Workings

Interest (17% Debt) = 43,500*17%*7.5% = $5,546

Interest (50% Debt) = 43,500*50%*8% = $17,400

Tax (17% Debt) = $44,454 * 0.35 = 15,559

Tax (50% Debt) = $32,600 * 0.35 = 11,410

Equity (17% Debt) =435,000*83% = 361,050

Equity (50% Debt) = 435,000*50% = $217,500

Return on Equity = $28,895/$361,050 = 8.00%

Return on Equity = $21,190/$217,500 = 9.74%

7 0

3 years ago

Two traditional economies are trying to industrialize. The leaders of the first favor a command economic system. The leaders of

attashe74 [19]

Answer:

In the country that promotes free-market economy is expected to start seeing firms arriving in this country and invest in those activities where this country has a comparative advantage.

Explanation:

This would lead to an efficient allocation of productive resources taking the economy to optimum production. The technology and tools will rapidly spread, and the industrialization process will be achieved. In the other country, investment and technology implementation is lead by the government allocating resources inefficiently and delaying industrialization.

8 0

4 years ago

Bond J has a coupon rate of 3 percent and Bond K has a coupon rate of 9 percent. Both bonds have 13 years to maturity, make semi

noname [10]

Solution :

Given :

Coupon rate for Bond J = 3%

Coupon rate for Bond K = 9%

YTM = 6 %

Therefore,

The current price for Bond J = $ 718.54 =PV(6%/2,13x2,30/2,1000)x -1

The current price for Bond K = $ 1281.46 =PV(6%/2,13x2,90/2,1000)x -1

If the interest rate by 2%,

Bond J = $ 583.42 = -18.80% (change in bond price)

Bond K = $ 1083.32 = -15.46% (change in bond price)

6 0

3 years ago