4. Give at least two examples of types of state taxes. (1.0 points) a) State income taxes b) Transaction taxes 5. What is a pay stub? (0.5 points) A pay stub is a record of the hours you’ve worked or your salary an vacation times and then also your final pay.
3. The company reports $1.8 million as accumulated other comprehensive income in stockholders’ equity on December 31, Year Four. 4. The company reports $2.14 million as accumulated other comprehensive income in stockholders’ equity on December 31, Year
After that time, the truck (with an expected life of eight years) will be returned to the lessor. Ace has an incremental borrowing rate of 6 percent. The lessor has an implicit annual interest rate of 8 percent built into the contract. Ace is aware of this implicit rate. The present value of a four-year annuity due of $10,000 at a 6 percent annual rate is $36,700.
While any company wants to employ exceptionally quality minded employees they are also faced with the fact that they are less experienced than the acceptable quality workforce. With the strong cultural value of the company I would recommend targeting the workforce that has acceptable quality focus. These type employees will grow in the company to a higher quality level
What information should a resume provide? (0.5 points) Contact information, objective, employment history, education, technical skills, strength, hobbies/interests. 4. What is a cover letter? (0.5 points) A short letter from the job applicant that gives additional information about their qualifications for and interest in the job.
FI 515 Course Project a) The net cost of the spectrometer would include the original cost of the equipment, the modification costs and the increase in working capital due to having the equipment. Therefore, the net cost would be the $70,000 base costs, plus the $15,000 in modification costs and the $4,000 in capital, which equals $89,000. b) To find the operating cash flows for the three years, we have to find the cost savings after taxes and add the tax of depreciation. To find the cost savings, we have to take the $25,000 that is expected to be saved and reduce it based on a tax of 40%, or $25,000(1-.4), which equals $15,000. The tax on depreciation requires several steps to calculate.
This is expected to be paid back within 8 years by monthly paid instalments of £5.718.41 which was calculated on a 5.1% interest rate. 3.1.11 Master Budget The master budget is “a summary of company’s plan which formalizes the whole budget system into one single final document in which all the operational budgets flow; its goal is to draft the main economic and financial statement”. (Reference
3.0 points) 5. Describe a real or made up but realistic example of earned income that you or someone you know has received. What type of work was the income from? Was the income in the form of a salary or wages? (1-2 sentences.
(0.5 points) is when you pay to use something that belongs to someone else 2. What is a financial plan? (1.0 points) is a way of organizing your finances so you'll be able to set and meet financial goals, while making sure you have enough money to spend on things you need. 3. What is income?
Exam 3 Study Guide Chapter 13 1. What is saving? 2. What savings amount do financial experts recommend for emergency purposes? 3-6 months 3.