Answer:
The cost of underestimating the expenses is $240.
Explanation:
A flexible benefits program can be described as a spending plan in which an employee agrees to a lower cash compensation when the employer has also agreed to pay some costs which the employer can pay without the need for the employee to recognize gross income. Therefore, the medical expenses of the employee for the next year will be estimated by the employee and he or she will accept a deduction equal to the estimated expenses from his or her salary.
From the question, the following are given:
Amount put into flexible benefits account by Rosa = $4,000
Rosa's Actual expenses = $5,000
Marginal tax rate = 24%
Therefore, we have:
Amount by which the account is underestimated by Rosa = Rosa's Actual expenses - Amount put into flexible benefits account by Rosa = $5,000 - $4,000 = $1,000
Rosa's cost of underestimating the expenses = Amount by which the account is underestimated by Rosa * Marginal tax rate = $1,000 * 24% = $240
Therefore, the cost of underestimating the expenses is $240.
Data characteristics that represent a value that shifts or changes over time.
<h3>What makes a characteristic of data?</h3>
Data quality features make sure you get the most out of your information in the commercial world of today. Your information is not valuable if it doesn't adhere to these guidelines. To increase your data's accuracy, completeness, dependability, relevance, and timeliness, Precisely offers data quality solutions.
<h3>What six properties do data have?</h3>
Accuracy.
Validity.
Reliability.
Timeliness.
Relevance.
Completeness.
<h3>What qualifies as a variable data characteristic?</h3>
The value of the variable's data type, which describes the sort of data a variable represents—such as a number, string, or date—is important to understand. The variable's range, which describes where the data is accessible and how long the variable lasts.
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Answer: $74,000
Explanation:
The Average Investment refers to the average cash invested into a particular project and is useful in calculating the rate of return. The simple formula is to add the beginning value of the asset to its ending value and divide this by 2.
The ending value in this case would be the salvage value;
Average Investment = 
= 
= $74,000
Answer:
Net worth is the measure of the wealth of an entity, person, or corporation, as well as sectors and countries. Simply, net worth is defined as the difference between assets and liabilities. It is an important metric to gauge a company's health and it provides a snapshot of the firm's current financial position.
