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
Nina [5.8K]
3 years ago
10

Given the pay rate, hours worked, tax deductions, and social security deduction, determine the gross earnings, group health insu

rance (assuming 15% of gross earnings), pension deduction (assuming 6.5% of gross earnings), total deductions, and net pay. This person worked 40 hours at a $7.50 rate.
Business
1 answer:
rusak2 [61]3 years ago
7 0

Answer:

$235.5

Explanation:

Total Earnings= 40 hours X $7.50 = $300 (Gross earnings)

Health insurance sum = Health insurance % X Gross earnings=15/100 X $300= $45

Pension Deduction Sum= Pension % X Gross earnings = 6.5 /100 X $300 = $19.5

From above calculation, the total deduction is $45 + $19.5 = $64.5

From the above calculation, the new pay is = $300 - $64.5 = $235.5

You might be interested in
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
Butler Corporation is considering the purchase of new equipment costing $84,000. The projected annual after-tax net income from
torisob [31]

Answer:

The net present value of the machine is $5530

Explanation:

Data provided in the question:

Cost of the equipment = $84,000

Annual after-tax net income from the equipment after deducting depreciation = $3,000

Depreciation = $28,000

Useful life = 3 years

Required return on investment = 9% = 0.09

Now,

After-tax cash flow = After-tax net income + Depreciation

= $3,000 + $28,000

= $31,000

Therefore,

Net Present Value = Present value of cash flow - Investment

= ( $31,000 × PVIFA(11%, 3) ) - $84,000

= ( $31,000 × 2.5313 ) - $84,000

= $78470.3 - $84,000

= -$5529.7 ≈ - $5530

hence,

The net present value of the machine is $5530

4 0
3 years ago
Read 2 more answers
Importance of the study of organisational buyer behaviour to the personal selling function​
ladessa [460]

Answer:

The answer is below

Explanation:

The importance of the study of organizational buyer behavior to the personal selling function​ is that the personal seller can easily realize the expectation of the organizations.

It also assists in determining what makes organizations buy a certain product.

It gives the seller the proper ideas on the type of products preferred by organization buyers such that they can quickly make them available.

It also ensures the seller understands how the organization buyer operates in terms of payments, quality, quantity, and the purpose in which they are buying.

4 0
3 years ago
Taking explicit account of a rival's expected response to a decision you are making is called:
IgorC [24]

The answer is strategic decision making. This is also referred as strategic planning in which a group of people or an individual engage into making or creating the goals or objectives that the organization would want to achieve or tackle in a way of providing altering strategies and to obtain the goal that they aim for.

7 0
3 years ago
The amount of accounts receivable that is actually expected to be collected is known as the:a.uncollectible accounts expense. b.
scoundrel [369]

Answer:

Net realizable value.....Option C

3 0
3 years ago
Other questions:
  • The ________ of focus group participants should be judged against the target market profile to assess to what degree the groups
    6·2 answers
  • Alex repairs cars and always needs mufflers. What kind of person does he need to constantly supply him with mufflers?
    8·2 answers
  • Ownership of a put option entitles the owner to the __________ to ___________ a specific stock, on or before a specific date, at
    15·1 answer
  • Which of the following statements is correct? a. Vertical equity is the idea that taxpayers with similar abilities to pay taxes
    10·1 answer
  • The accounting principle that requires that the cost flow assumption be consistent with the physical movement of goods is:a. cal
    7·1 answer
  • What is innovation?​
    12·2 answers
  • For the Mixing Department, unit materials cost is $8 and unit conversion cost is $12. If materials are added at the beginning of
    8·1 answer
  • BoundStar and ClipKlik are two of the biggest companies in the smartphone industry. When BoundStar launched a new ultra-slim sma
    14·2 answers
  • Actor Sissy Spacek once objected to a series of movie scenes that included her smoking a certain brand of cigarettes. She was pr
    15·1 answer
  • Pension data for David Emerson Enterprises include the following:
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!