Answer:
Net Pay = Gross Pay - Federal Income Tax - FICA-SS Tax - FICA-Medicare Tax
Net Pay = $8,260.00 - $1,325.17- $512.12 - $119.77* = $6,302.94
Explanation:
Answer:
See explanation section
Explanation:
Req. A & B
If there is an increase in the net income over the year, the company is in profitability condition. As Omega industries are getting increased net income, it suggests their profitability.
EVM or enterprise value multiplier allows a company to compare the capital structure that the company uses. It is commonly used for valuing a business.
Req. C, D & E
In a financial plan, if the sales increase, it should be because of increasing working capital and fixed assets. We know, additional assets can generate more revenues.
A firm can collect approximately 8% of its annual sales at any given time. It can be found through the following way-
since the days' sales in receivables for 30 days in a year, the percentage of annual sales = (30 ÷ 365) × 100 = 8.22% or 8%
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Answer:
3 and 46.67 units
Explanation:
The formula and the computations are shown below:
The price of good B is
= {The price of good Z (Pz)} ÷ {Marginal rate of transformation}
= {$6} ÷ {2}
= 3
Now the number of units to be purchased for all income used is
= (Monthly income spent on two goods) ÷ (price of good B)
= ($140) ÷ (3)
= 46.67 units
By applying the above formula we can find out the price of good B and the number of units purchased
