Answer: D
Explanation:
Just took the quiz and got it right. A P E X
Answer:
C. W-4
Explanation:
The W-4 form acts as the Employee’s Withholding Allowance Certificate. The employee completes the form and hands it over to the employer, who uses it to calculate how much income tax to withhold.
The details on the W-4 forms are necessary for tax computation. For instance, the employee declares their marital status and the number of dependents; this determines the applicable tax rates.
Answer:
before tax corportate bond equivalent: 11.15%
Explanation:
The municipal bond are tax-free making them more attractive than normal corporate bonds.
thus, the municipal bond rate should be compare with the after tax rate of a corporate bond:
before tax rate ( 1 - tax rate) = after tax rate
<u>For this case:</u>
the after tax rate is 7.25%
and the tax bracket is 35%
before taxes ( 1 - 0.35) = 0.0725
0.0725/.65 = 0,1115384 = <em>11.15%</em>
Answer:
The annual loss expectancy (ALE) is:
= $1,500.
Explanation:
a) Data and Calculations:
Single loss expectancy (SLE) = $500
Annual rate of occurrence (ARO) = 3
Therefore, the annual loss expectancy (ALE) = SLE * ARO
= $500 * 3
= $1,500
b) The Annual Loss Expectancy is calculated by multiplying the annual rate of occurrence (ARO) by the single loss expectancy (SLE). While SLE represents the expected monetary loss every time a loss or risk occurs, and ARO is the probability that a loss or risk will occur in the year under consideration.
Answer:
The answer is A.15.12%.
Explanation:
Please find the below for explanation and calculations:
We have EBIT = Pretax profit /0.7 = Net profit / (0.6 x 0.7) = 0.42 x Net Profit
=> Net profit / Sales = Profit margin = 0.42 x EBIT/ Sales = 0.42 x Return-on-sales = 2.52%;
Leverage ratio = Asset/ Equity = 1.5;
Sales / Asset = asset turn over ratio = 4;
Apply the Dupont model we have:
Return on Equity = Leverage ratio x Profit Margin x Leverage ratio = 2.52% x 1.5 x 4 = 15.12%.
Thus, the answer is A. 15.12%.
