Answer:
15%
Explanation:
Catherine is a departmental manager at Richardson
She earns $68,300 every month
She has family health care
Her employer contributes $935 every year towards total coverage Cost
The first step is to calculate the total contribution
Catherine rate for health care is $165 since her monthly pay is higher than $55,000
Total contribution = $165 + $935
= $1,100
Therefore the percent in which Catherine contributes towards total coverage can be calculated as follows
= 165/1,100 × 100
= 0.15 × 100
= 15%
Hence Catherine contributes 15% towards the total coverage
Answer:
a) $ 333.67
b) 12.6825
Explanation:
a) The 333.67 amount is the payment per month without interest and of course interest will differ from month to month as the loan is amortized monthly. to get the payment using financial calculator its N= 60, I/YR = 12%/12=0.01, 15000=PV, FV=O THEN COMPUTE PMT
OR use the formula pmt= PV/1-1/(1+rate)^time/rate
b) To get EAR = (1+ rate/ compounding)^compounding-1
(1+0.12/12)^12-1
Answer:
True
Explanation:
According to the IRS:
- ordinary expenses are expenses that are common and accepted in a company's trade or industry.
- necessary expenses are expenses that help your company carry on its normal business.
Tax deductible expenses must be ordinary, necessary, and reasonable.
Answer:
These are the options for the question:
- Peer pressure
- Personality conflict
- Climate of mistrust
- Fear of failure
And this is the correct answer:
Explanation:
Ted is afraid of failing at his new role, he is suffering from fear of failure. This is because Ted was accustomed to completing a set of tasks specific to his previous position in the company.
Now that the company has reorganized, he has been given a new position, and new tasks to complete, and he does not feel at ease at first, likely because he lacks first-hand experience with some of the tasks.
Local income taxes. Other taxes like federal income tax would go to nationwide programs. Medicare tax goes towards national health care, etc. Local income taxes will go towards city programs
