Whilst this is good for the company these figures are only predictions and may not happen in real time. Without the injection of £22,000 at the beginning of the year the business wouldn’t have seen profits of £9,560 in December. This could lead to future problems in the business as profits may decrease and capital expenditures may rise plus the payment of interest from the loan. Over a time period of 2 to 3 years the company could see a significant fall in profits without the aid of external sources of income such as another loan. •
Therefore, he can borrow an additional $70,000 ($120,000 - $50,000). 2. Louise McIntyre’s monthly gross income is $2,000. Her employer withholds $400 in federal, state, and local income taxes and $160 in Social Security taxes per month. Louise contributes $80 per month for her IRA.
• According to Paralegal Institute of Washington DC: paralegals in top firms make 50-60,000 per year. Average salary is $33,000. This translates to approximately $16-28/hr assuming a 40 hour work week. • Earnings of paralegals and legal assistants vary greatly. Salaries depend on education, training, experience, the type and size of employer, and the geographic location of the job.
,Sarah L. G January 6, 2013 Written Assignment #1 1. A) $1,000 with 5% interest after 10 years gives you $1,628. Therefore, you would gain $628 in interest. B) If the interest is withdrawn each year, a total of $500 would be earned because the $1,000 investment would earn $50 of simple interest each year. C) The answers are different because if the interest is left untouched, it makes the principal amount higher each year, giving more money after 10 years.
In one week, the team can make 500 shirts. The shirts sell for $40 each in the United States. a. What are the labor costs for each shirt? (4 points) b.
What was the rate of return for owning Serox in the most recent year? (Round to the nearest percent.) • 32% • 16% • 12% • 40% Final Exam Answers just a click away STR 581 Capstone Final Examination 5. External financing needed: Jockey Company has total assets worth $4,417,665. At year-end it will have net income of $2,771,342 and pay out 60 percent as dividends.
From my own research I discovered that the average amount spent on a wedding is 21,000 which also happens to be the average pay in the UK –meaning that the amount some people earn in a year can be spent on their wedding. With the country currently in a recession and many people on ‘pay freezes’ (meaning that their salaries won’t increase for a period of time due to the government’s or their companies financial difficulties) lots of people simply cannot afford to get married. The amount of divorces has also increased in the UK. From my research I found that in 1970 there were 415,487 marriages in the UK and 58,239
It is also estimated that White Non-Hispanic Americans will be less than half the population at this point with 46.3 percent of the population being that race. Hispanics however are estimated to be 30.2 percent of the population, that's exponential growth within the next four decades! Who knows the impact this will have on our society and culture as well. With White Non-Hispanic Americans being less than half the population we are becoming a truly equally diverse society. Due to the diversity of it's people, the United States has some challenges to face in the coming years.
Can a person support the average family of four on the current minimum wage of $7.25 an hour? The answer is NO! The average monthly income is approximately nine-hundred and fifty dollars. Their average cost of housing is anywhere from two-hundred and fifty dollars to four-hundred and fifty dollars a month, which leaves them with between five hundred to seven hundred dollars. The average utility bills are about two-hundred and fifty dollars a month.
I feel that Pro Athletes shouldn’t be making so much money, they make millions and sometimes even hundreds of millions to play a sport. What can they possibly do with all this money? People risking their lives every day aren’t making close to as much money as they are, and example would be the police or firefighters. They also don’t even “work” for very long. They play for around 5 years maybe more depending on how good they are, while others would work until they're in their 50s or 60s.