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nydimaria [60]
3 years ago
6

Instead of offering the same benefit package to every employee, cassandra's company allows her to choose whether she wants day c

are or health care, a gym membership, or an extra week of vacation. cassandra's employee benefits package is part of a(n) _______ plan.
Business
1 answer:
Alexandra [31]3 years ago
5 0
<span>The benefits package is part of a cafeteria plan. Employers sometimes offer benefit plans that allow employees to choose the benefits most relevant to their lives instead of a one-size-fits-all plan that requires workers to accept benefits that they will never use.</span>
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You buy a stock for $30 per share and sell it for $33 after holding it for slightly over a year and collecting a $0.75 per share
telo118 [61]

Answer:

The answer is:  After-tax rate of return = 9.8% .

Explanation:

Please find the calculations which are shown in details as below:

Pre-tax dividend earning is $0.75, Tax rate on ordinary income is 28% => After-tax dividend earning = 0.75 x (1 - 28%) = $0.54;

Pre-tax capitals gain is $3 ( that is, $33 -$30), tax rate on capital gains is 20% => After-tax capital gains = 3 x ( 1 - 20%) = $2.4 ;

=> Total after-tax return =   After-tax capital gains + After-tax dividend earning = 2.4 + 0.54 = $2.94 .

Thus, in percentage term,  after-tax rate of return is 2.94/30 = 9.8%.

4 0
4 years ago
Provide an argument for how Coke's disastrous marketing campaign for New Coke might actually have been a good thing for the comp
igor_vitrenko [27]
New Coke failed due to negative opinions on the product when it was reformulated, without this tremendous fail, Coke would probably have kept the New Coke without thinking of going back to the Classic Coke, this rebranding which resulted in significant success wouldn’t have happened if the consumers didn’t hate New Coke so much.
3 0
3 years ago
3. Why is it important to fill out a W4 form correctly?
olchik [2.2K]

Answer:

"so that your employer does not hold out too much or too little in taxes

Explanation:

The W-4 form tells the employer the correct amount of tax to withhold from an employee's paycheck.

7 0
4 years ago
Read 2 more answers
Net credit sales for the month are $670000. The accounts receivable balance is $170000. The allowance is calculated as 10% of th
Dominik [7]

Answer:

$177,200

Explanation:

Net realizable value of the accounts receivable can be found by the following formula, which is:

Net Accounts receivables (Step3) = Closing Accounts receivables before adjustment (Step1) -/+ Increase or decrease in Allowance for doubtful debts (Step2)

Step 1: Closing Accounts receivables before adjustment

Closing Accounts receivables before adjustment is $170,000.

Step 2: Increase or decrease in Allowance for doubtful debts

Opening Allowance for Accounts receivables is $9800

Change in Allowance for doubtful debts is the difference of the Closing Allowance calculated and Opening Allowance Value in the account.

Which means:

Allowance for the Year = Closing Allowance calculated - Opening Allowance Value

Allowance for the Year = 10% of $170,000  - $9,800

Allowance for the Year = $17,000 - $9,800 = $7,200

Step 3: Net Accounts receivables

By putting the values we have:

Net Accounts Receivables = $170,000 + $7,200 = $177,200

5 0
3 years ago
The following financial information was summarized from the accounting records of Buddy Corporation for the current year ended D
Nat2105 [25]

Answer:

(a) $56,730

(b) $36,330

(c) $ 51,800

(d) $24,800

(e) $36,230

Explanation:

(a) Gross profit for the Dalmatian Division:

= Net sales - Total Cost of goods sold

= $87,000 - $30,270

= $56,730

(b) Income from operations from the Dalmatian Division:

= Gross Profit - Direct operating expenses

= $56,730 - $20,400

= $36,330

(c) Gross profit for the Beagle Division:

= Net sales - Total Cost of goods sold

= $99,000 - $47,200

= $ 51,800

(d) Income from operations from the Beagle Division:

= Gross Profit - Direct operating expenses

= $51,800 - $27,000

= $24,800

(e) Total income from operations;

= $36,330 +  $24,800

= $61,130

Earnings before interest and taxes:

= Total income from operations - General overhead

= $61,130 - $18,160

= $42,970

Earnings before taxes:

= Earnings before interest and taxes - Interest expense

= $42,970 - $2,040

= $40,930

Net income = Earnings before taxes - Income taxes

                    = $40,930 - $4,700

                    = $36,230

6 0
3 years ago
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