Answer: $13,200
Explanation:
Given that,
Contributing to a traditional IRA = 7 years
Total in account = $30,000
Withdrawal from IRA to help pay for the car = $20,000
marginal tax bracket = 24 percent
Therefore,
After tax withdrawal:
= Withdraws - 10% penalty as per IRS for early withdrawal - 24% tax on $20,000
= $20,000 - 0.1 × 20,000 - 0.24 × 20,000
= $20,000 - 2,000 - 4,800
= $13,200
Federal tax dollars are collected from citizens to use for programs and infrastructure that is supposed to be used for public good, such as early childhood education, social security, roads, bridges, etc. Since the money is from citizens and for citizens, they should know how the money is spent so they can hold their elected representative accountable.
Answer: $18,750.00
Explanation: So what you'll do is (12,500 * 2) + 12,500 / 2 = 18,750
Explanation:
Organizational ethics can be defined as a set of values, practices and principles that guide the company's actions and behaviors in the internal and external environment. A company's set of ethics must be shared by each employee, regardless of their hierarchical position in the company.
In commercial and accounting practices, ethics should be the basis for the conduct of professionals, since in this organizational area there is usually fraud in the statement of results, agreements and corruptions for the benefit of themselves and others.
Ethics must be implemented equally in every functional area of a company, as it positively or negatively impacts the organizational results and the attitude of employees. Through ethics as a fundamental principle of a company, it is possible to achieve several benefits, such as:
-
Improved results,
- Greater employee motivation,
- Improved communication,
- More market value.
Answer and Explanation:
The computation of total avoidable costs is shown below:-
<u>Particulars Keep old machine Buy New machine</u>
Opportunity cost of
buying the old
machine $44,000
Purchase amount $117,000
Operating expenses $208,000
($52,000 × 4 years)
Operating expenses
($7,000 × 4 years) $28,000
Total avoidable costs $252,000 $145,000
b. The new machine cost is lower to the lower one so it can be replaced.
