1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tatuchka [14]
3 years ago
13

A factory has added a new incentive program to encourage employees to use payroll deductions to contribute to their 401K retirem

ent account. The company will now contribute funds based on the employee deduction amount. Before the program, employees contributed on average $100.602 with standard deviation of $5.178. To calculate the new contribution amount (employee and company combined), every observation in the dataset is multiplied by 1.578. What will the new mean be?
Question 6 options:

1)

100.6
2)

102.18
3)

63.75
4)

158.75
5)

1.58
Business
1 answer:
ddd [48]3 years ago
4 0

Answer:

Explanation:

Mean is given as $ 100.602

every observation in the dataset is multiplied by 1.578

= 100.602 × 1.578

= 158.75

You might be interested in
Does having social responsibility make you viewed more or less favorable by consumers?
enot [183]

Answer:

Depends on the person but probably not

Explanation:

6 0
3 years ago
An investor recently purchased a corporate bond that yields 9%. The investor is in the 36% combined federal and state tax bracke
kifflom [539]

Answer:

The bonds after tax yield is given as Pre tax yield X (1-tax rate)

After Tax Yield = 9% X (1-0.36) = 9%X0.64=5.76%

Answer: 5.76%

Explanation:

The after-tax yield of any financial instrument such as a bond or even stock dividends is the effective yield after the applicable taxes have been paid. Higher the tax rate, lesser is the after-tax yield for the investor.

To calculate your after-tax yield, you need to know both the rate of return on your investment and the tax rate that applies to those profits. First, convert your tax rate that applies to the earnings to a decimal by dividing by 100. Second, subtract the result from 1 to calculate the portion of your earnings that you get to keep after you pay taxes on them. Third, multiply the result by the rate of return on the investment to calculate your after-tax yield.

For example, say that you want to calculate the after-tax rate of return on your certificate of deposit. If your rate of return is 3 percent and the tax rate applied to that interest is 24 percent, start by dividing 24 percent by 100 to get 0.24. Second, subtract 0.24 from 1 to get 0.76 – the portion that you get to keep after accounting for taxes. Finally, multiply 0.76 by your overall rate of return of 3 percent to find your after-tax yield is 2.28 percent.

5 0
3 years ago
Read 2 more answers
Payton, Inc.'s charter authorized 100,000 shares of stock with a par value of $1 per share. Payton issues 100 shares at a market
hoa [83]

Answer:

Common stock and $100

Explanation:

The journal entry is shown below:

Cash Dr $500   (100 shares × $5)

     To Common stock $100  (100 shares × $1)

     To Additional paid in capital in excess of par value - common stock  (100 shares × $4)

(Being the issuance of the common stock is recorded)

For recording this we debited the cash as it increased the assets and credited the common stock and additional paid in capital as it increased the stockholder equity    

6 0
3 years ago
the common stock and debt of northern sludge are valued at $64 million and $36 million, respectively. investors currently requir
kozerog [31]

The expected return on the common stock should decrease.

To calculate the new expected return on the common stock, we need to calculate the new value of the common stock and debt. The new value of the common stock is $64 million + $16 million = $80 million. The value of the debt is reduced by $16 million to $20 million.

The new expected return on the common stock is 16.6% * ($80 million/$96 million) = 15.63%.

Therefore, the expected return on the common stock should decrease from 16.6% to 15.63%.

A security that symbolises ownership in a firm is called common stock. Common stock owners choose the board of directors and cast ballots for corporate rules. Long-term rates of return are often higher with this type of stock ownership.

To know more about stock here

brainly.com/question/14040903

#SPJ4

4 0
1 year ago
Suppose a bond has a $1,000 face value, a market price of $1,045.00, and pays a coupon of $80 annually. What is the bond's coupo
Lunna [17]

Answer:

8%

Explanation:

The Coupon rate can be defined as the rate of interest that is paid by issuers of bond on the face value of the bond. This is the periodic interest rate that is paid by bond issuers to their purchasers.

For this question

The face value of the bond is 1000 dollars

The coupon is 80 dollars

Such that We have

80/1000

= 0.08

This is 8% coupon rate.

4 0
3 years ago
Other questions:
  • A firm expects to sell 25,900 units of its product at $7 per unit. Pretax income is predicted to be $60,900. If the variable cos
    8·1 answer
  • Which of the following companies is an example of a manufacturer? a. H&R Block b. Best Buy c. Intel d. Trism e. Walmart
    7·1 answer
  • In the late 1990s, the United States experienced very high GDP growth, record low unemployment rates, and virtually nonexistent
    13·1 answer
  • Which structure would you be most likely to choose if your company wanted to give its sales people a predictable paycheck and al
    15·2 answers
  • Sarah owns Fine Cuts hair salon. Hairdressers each rent a chair in the salon where they can style customers' hair, and Sarah pro
    14·1 answer
  • A local government awards a landscaping company a contract worth $1.5 million per year for five years for maintaining public par
    7·1 answer
  • One of the reasons why cash flow analysis is popular is because ________.
    13·1 answer
  • The___ shows your company's equity.
    13·2 answers
  • A couple advises a banker that their total income includes both salary and disability payments. How should disability payments,
    13·1 answer
  • Employees who are part of the chain of command that is responsible for achieving organizational goals.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!