Solutions to Week 1 HW Chapter 1 E14. [LO 5]. Incremental revenue per day $2,500 Less incremental costs: Labor $700 Parts 500 Transportation 100 Office staff 200 1,500 Incremental Profit per Day $1,000 Opportunity cost = $1,000 per day 52 days = $52,000 Rent and depreciation do not enter into the calculation of the opportunity cost since these costs are not incremental (they will be incurred whether or not Ken decides to stay open on Saturday). P2. [LO 5 and 6].
Due to the income cut off level, many tax payers are not able to take advantage of the tax free retirement saving the Roth IRA offers. The Roth 401 (k) retirement account allows the tax payers to contribute no matter what their income level may be. There is no limit that applies to this account. As long as the employer offers Roth accounts, and the employee is eligible for the 401 (k) programs, they are eligible to participate. Contribution limits Individuals are able to contribute money into their Roth IRA account January of the present tax year through April 15 of the succeeding tax year.
AMERICA AND AMERICANS FIRST Why does our country insist on sending billions of our dollars overseas when we cannot even take care of our own? A conservative estimate of over $114 billion annually goes to Israel alone and I would venture to say we easily send an additional $200 to $300 billion elsewhere. My question is why? American are living in times that skirt the great depression; unemployment is at a staggering 9.0%, people are losing their homes daily with many having nowhere to live. Our welfare system is almost bankrupt as is social security; by the time I am eligible to collect SSI in 14 years there probably will not be anything to collect.
Ernie was not being able to provide the full number of tiles that you wanted and so did not complete the job. I understand that you want a refund on the bathroom set; you have to then act quickly within A few weeks. As the law gives you only 30 days to do this, to be able to claim. What is reasonable is that it all depends on the product and how obvious the fault is. However, if you have left it too long to reject or get a refund of your product, then you still have some rights.
Barbara was able to maintain herself economically. She tried to spend less so that she will have enough money for her house rent, gas and food. She bought no clothing except for the required slacks. She made the decision to move close to where she works due to the amount spent on gas daily. “in a month, I earned approximately $1040 and spent $517 on food, gas, toiletries, laundry, phone, and utilities”( 75 reading across the curriculum, pages 395-426, paragraph 65).
The current rates per hour (from the 1st October 2011) are: £6.08 – the main rate for workers aged 21 and over £4.98 – the rate for those aged 18-20 £3.68 – the rate for those aged 16-17 £2.60 – the rate for apprentices under 19 or aged 19 or over in the first year of their apprenticeship. If you are of compulsory school age then you are not entitled to the National Minimum Wage. Working time regulations Working Time Regulations mean that adult workers cannot be forced to work more than 48 hours a week on average. You are able to work more than 48 hours per week, as long as this does not exceed an overall average of 48 hours per week over a 17 week period. A normal working week, in which the 48 hour limit applies, can include the following: * job-related training * job-related travelling time (for example, if you are * a sales representative) * working lunches (for example, business lunches) * time spent working abroad if you work for a * UK-based company * paid and some unpaid overtime * time spent on call
You are limited to the amount of cases you can file in small claims court that are over $2,500.00 to two per year. Because of this, the claim against Cathy will count as one of those cases, but the claim against Al will not count as one of the cases you are limited to file in Small Claims Court due to the smaller amount. It is important that you have not exceeded the amount of lawsuits over $2,500.00 for this year already if you have filed other cases in the Small Claims Court. You are still within the required statute of limitations to file your claims against both Al and Cathy. With regard to both the cases here, you will be required to represent yourself.
Ehrenreich’s found that the people that stuck at these jobs are not college students just trying to make it through college. This author viewed the customs, standards and hierarchy found in the staff of each job, because she tried to live like they did. All across America people have been finding it hard to make ends meet with low-paying jobs, especially if they have a family. According to the national coalition for the homeless, in 1998 it took on average nationwide, an hourly wage of 8.89 per hour to afford a one bedroom apartment. In her study Ehrenreich made rule on that she had was she could not use any skills that she obtained through education to get a job.
I am paid by salary and payments will be made straight to my chosen bank account. I am entitled to 28 days of holiday the company’s holiday year start from the the 1st of january till the 31st of december and I’m required to take 50% of my entitlement by the end of june. If I’m off work because of sickness or injury I will only be paid statutory sick pay, reporting sickness absence I must inform a manager at the earliest opportunity.The company has a no smoking policy. Compassionate leave and family emergencies it will be considered but there is no contractual entitlement. Health and safety at work I must take reasonable care to avoid injury to my self and others and cooperate with the health and safety at work legislation.
However, it’s not. For instance, starting in 2015 I’m supposed to pay $185 for having health insurance and my copays are going to be $75 every time I visit a specialist or any primary physician, which puts a big hole in my pocket. I have a $2,500.00 deductible and $5,000.00 for my family. I have to meet the deductible before my insurance kicks in and starts paying for the covered services, and it doesn’t count towards the out of pocket. On my salary, which is less than $19,000 a year, this type of insurance puts me in a difficult position.