opal earned 6 percent in her savings account. if she is in the 25 percent tax bracket, what is her after-tax savings rate of return?
Answers
To find Opal's after-tax savings rate of return, you need to subtract the tax she paid on her savings interest from the savings interest she earned.
Opal earned 6 percent on her savings account, but she had to pay 25 percent in taxes on that interest. So, her actual, after-tax return was lower. To find out what her after-tax return was, you first need to calculate how much interest she earned (by multiplying her savings account balance by 6 percent), and then calculate how much tax she had to pay on that interest (by multiplying the interest earned by 25 percent). Finally, you subtract the tax from the interest earned to find out how much money she ended up with, which represents her after-tax return.
The formula for calculating after-tax savings rate of return is:
After-tax savings rate of return = (Interest earned - Tax paid on interest) / savings account balance
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Related Questions
Compute the present value for the alternative below if the analysis period is 8 years: Alternative: • First cost: 4700 • Uniform annual benefit: 1800 • Useful life in years: 4
Answers
The present value of the given alternative, with a first cost of 4700, a uniform annual benefit of 1800, and a useful life of 4 years, can be computed based on the analysis period of 8 years.
To compute the present value of the alternative, we need to discount the future cash flows to their present values. In this case, the uniform annual benefit of 1800 is received for a period of 4 years. We can use the concept of the present value of an annuity to calculate the present value of these cash flows.
The formula for calculating the present value of an annuity is:
PV = A * [(1 - (1 + r)^(-n)) / r],
where PV is the present value, A is the annual benefit, r is the discount rate, and n is the number of years.
Given that the analysis period is 8 years, and assuming a discount rate, we can calculate the present value as follows:
PV = 1800 * [(1 - (1 + r)^(-4)) / r]
By plugging in different values for the discount rate, we can calculate the present value of the alternative. The specific discount rate to be used depends on factors such as the organization's cost of capital or the desired rate of return.
Note that the first cost of 4700 is not explicitly used in the calculation of present value, as it represents an initial outflow and not a future cash flow. The present value represents the current worth of the future benefits over the analysis period.
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Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called Group of answer choices auditing. economics. finance. accounting.
Answers
Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called accounting.
Accounting is a fundamental process in business and financial management. It involves systematically recording financial transactions, classifying them into appropriate categories, and summarizing the information to create financial statements such as the income statement, balance sheet, and cash flow statement. These financial statements provide a snapshot of a company's financial performance, position, and cash flows, enabling decision-makers to analyze and make informed decisions about the organization's operations, investments, and financial strategies.
While auditing, economics, and finance are related disciplines, each has its own distinct focus. Auditing involves examining and evaluating financial records and statements to ensure accuracy, compliance, and reliability. Economics studies the production, distribution, and consumption of goods and services within an economy. Finance, on the other hand, focuses on managing financial resources, investments, and the financial aspects of decision making. However, accounting serves as the foundation for providing the necessary financial information in these areas.
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Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answers
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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Which of the following statements accurately describes the free enterprise
system in the United States?
Answers
Answer:
Businesses are generally free of government ownership and
control
Explanation: The answer is C.
What is a mass number
Answers
Please help solve this
Answers
Answer:
The Gross Domestic Product of the territory is $ 172 million.
Explanation:
The Gross Domestic Product (GDP), measured in monetary units, is the market value of all goods and services within a territory in a given period of time, usually annual, which is estimated by the following expression:
\(GDP = C+BI+GEx+GEn+E-I\) (1)
Where:
\(C\) - Consumption.
\(BI\) - Business investments.
\(GEx\) - Government expenditures.
\(GEn\) - Government entitlements.
\(E\) - Exports.
\(I\) - Imports.
Please notice that positive sign represents money that has entered into the economy of the territory.
If we know that \(C = 50\times 10^{6}\), \(BI = 10\times 10^{6}\), \(GEx = 75\times 10^{6}\), \(GEn = 38\times 10^{6}\), \(E = 12\times 10^{6}\) and \(I = 13\times 10^{6}\), then the GDP of the territory is:
\(GDP = 50\times 10^{6}+10\times 10^{6} + 75\times 10^{6}+38\times 10^{6}+12\times 10^{6}-13\times 10^{6}\)
\(GDP = 172\times 10^{6}\)
The Gross Domestic Product of the territory is $ 172 million.
What is the most effective solution to unemployment?
Answers
The best ways to combat unemployment are:
Design your position of employment Develop general skillsImprove digital literacySeize the chance to internCreate a networkContinue your education, Keep your resume current.What is the simple definition of unemployment?
When someone actively seeks a job but is unable to do so, this is referred to as being unemployed. One important indicator of the state of the economy is unemployment.
What is the cause of unemployment?
Cycles of unemployment are caused by low consumer demand. When demand declines, businesses suffer excessive profit losses. They must let employees go if they don't think sales will increase quickly. It is cyclical because rising unemployment causes consumer demand to decline even further.
Why is unemployment a problem?
Losses in salaries and incomes for workers and their families, an increase in inequality, a hostile atmosphere for welfare reform, and the social costs of increasing crime and deteriorating health are all consequences of higher unemployment.
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Qualitative approaches is a decision-making approach that frequently seeks to obtain a mathematically optimal solution
A. T
B. F
Service operations tend to be more labor-intensive than manufacturing.
A. T
B. F
Answers
The statement, "Qualitative approaches is a decision-making approach that frequently seeks to obtain a mathematically optimal solution" is False and the statement "Service operations tend to be more labor-intensive than manufacturing" is True.
Qualitative approaches refer to research methods that collect non-numerical data, such as descriptions and observations. This approach is ideal for situations where in-depth knowledge of the issue is required as well as when the aim is to understand the underlying causes of behavior. Qualitative research often seeks to gather data about human behavior and understanding of the world, as well as social and cultural practices, in order to understand how they impact and influence individuals' behaviors. However, unlike quantitative approaches, the aim is not to obtain a mathematically optimal solution. Hence, the statement is false.
Service operations involve a series of activities that lead to the delivery of a service. They tend to be more labor-intensive than manufacturing. This is because in manufacturing, machines take on most of the work, whereas in services, human resources play a crucial role in delivering the service. Hence, the statement is true.
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When Frozen DeLites Ice Cream moved from its longtime storefront to a famous resort area, it took a big risk. However, the owners were confident that its unique ice cream treats would win customer raves. Fortunately, one of the members of the family business was convinced the shop needed to stay in touch with its customers. Frozen DeLites collects names and email addresses of its customers and maintains a presence on a few social media sites in order to send messages about promotions and coupons to valued customers.
Marketing professionals refer to this strategy as: _________
Answers
Marketers professionals refer to the strategy of collecting customer names and email addresses and maintaining a presence on social media sites to send messages about promotions and coupons to valued customers like relationship marketing.
This strategy of creating relationships with customers has as its main objective the generation of value and customer loyalty through a closer and more direct relationship.
Relationship marketing is a strategy that has had a greater impact with technological development, social media for example, has strengthened communication between company and customer, making the relationship closer and more dynamic.
Therefore, companies that use relationship marketing create value through content that generates benefits and customer engagement with the company, increasing loyalty and positioning in the market.
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What days are BIM classes held?
Answers
Classes take place on Mondays and Wednesdays from 4:00-6:00 pm EST, at The Plan Room located at 1815 W Broadway.
Have a Nice Day.
Paying Your Taxes Reading Quiz
QUESTION 2 of 10: If you want to reduce the amount you pay in taxes each year:
O a) You should work less hours
b) Start contributing to an individual retirement account
O c) Don't claim any earnings
O d) All the above
Submit
©2021 Knowledge Matters, Inc
Answers
Answer:
b
Explanation:
If you want to reduce the amount you pay in taxes each year, then Start contributing to an individual retirement account
If you want to reduce the amount you pay in taxes each year, there are several strategies you can consider. One option is to start contributing to an individual retirement account (IRA). By contributing to an IRA, you may be able to deduct the amount of your contributions from your taxable income, thereby reducing your overall tax liability. Another strategy is to work fewer hours, as your income will be lower and may result in a lower tax obligation.
However, reducing your work hours may also affect your overall income and financial goals, so it's important to consider the trade-offs. Lastly, not claiming any earnings would not be a practical or legal solution, as the tax authorities require accurate reporting of income. In conclusion, the best approach to reducing your tax payments would be to start contributing to an individual retirement account (IRA).
So, the correct answer: b) Start contributing to an individual retirement account
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The office supplies account starts the year with a balance of $4,000. During 2013 the company purchased supplies for $13,400, which is added to the office supplies account: supplies on hand at December 31, 2013 amounted to $2,554. What is the debit and credit supplies?
Answers
The debit for supplies is $13,400 and the credit for supplies is $15,846, resulting in a $2,554 balance in the office supplies account on December 31, 2013.
A debit and credit in accounting are the opposite sides of a transaction that show an increase or decrease in an account.
In the case of the office supplies account, the company started the year with a balance of $4,000 and purchased additional supplies for $13,400. The supplies on hand on December 31, 2013, amounted to $2,554.
Debit and credit refer to the entries made to the office supplies account to reflect the purchases and usage of supplies. The debit entry shows an increase in the office supplies account, while the credit entry shows a decrease.
The debit entry for the purchase of supplies would be recorded as a $13,400 increase in the office supplies account, which would increase the balance from $4,000 to $17,400.
The credit entry for the usage of supplies would be recorded as a $15,846 decrease in the office supplies account, which would decrease the balance from $17,400 to $1,554.
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According to the keynesian consumption function, an increase in disposable income will result in?
Answers
According to the keynesian consumption function, an increase in disposable income will result "an increase in consumption".
What is keynesian consumption function/consumption function?The consumption function, often known as the Keynesian consumption function, is now a mathematical expression expressing the functional connection between total expenditure and gross domestic product.
Some characteristics of keynesian consumption function are-
John Maynard Keynes, a British economist, introduced it and said it could be used to monitor and foresee total aggregate consumption spending.According to the traditional consumption function, changes in income and consumer spending are entirely correlated. If this were the case, aggregate savings ought to rise proportionately as the GDP does over time. The goal is to establish a mathematical link between consumer spending and disposable income, but only at the aggregate level.One of the pillars for Keynesian macroeconomic theory is the consistency of either the consumption function, which is based in part upon Keynes' Psychological Law to Consuming and is particularly striking when compared to the volatility of investment. The majority of post-Keynesians acknowledge that because spending patterns vary as income increases, so consumption function is just not long-term stable.To know more about consumption function, here
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as a green card holder, would i require sponsorship for employment visa status (e.g., h-1b, f1 visa status, etc.)?
Answers
As a green card holder, you would not require sponsorship for employment visa status, as you are authorized to work in the United States without restrictions.
A green card, also known as a permanent resident card, grants an individual the right to live and work in the United States permanently. Green card holders are authorized to work in any job, field, or profession, and they are not required to obtain any additional visa status or sponsorship to work in the United States.
In contrast, other types of visa status, such as the H-1B visa or F-1 visa status, are typically temporary and require sponsorship from an employer or educational institution. For example, the H-1B visa is a temporary work visa that is available to foreign workers in specialty occupations, and it requires sponsorship from a U.S. employer.
However, it is important to note that green card holders must still meet the qualifications and requirements for any job they apply for, and they must have the necessary work authorization to work in a particular field or industry. Additionally, certain jobs may require additional background checks or security clearances that green card holders must complete before they can be employed in those positions.
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When should a person proceed with a
choice in terms of marginal benefits
and cost?
O when the market is high
O when there is no difference
O when the benefits outweigh the
cost
Answers
Answer:
when the difference outweighs the cost
If average total cost is increasing as more and more units are produced, then marginal cost must be.
Answers
If the average total cost is increasing as more and more units are produced, then the marginal cost must be also increasing.
What is the marginal cost?The marginal cost, or price of producing more, is the variation in total cost that results from increasing the amount produced in economics. It can refer to an increase of one unit of production in certain settings and to the rate of change of total cost as output increases by a tiny amount in others.
All expenses that fluctuate with the level of production are included in the marginal cost at each time point and level of production taken into account, whereas costs that do not vary with output are fixed. For instance, the fixed expenses of the factory building that do not contribute to the marginal cost of producing one vehicle include the price of labor and the parts required for the additional automobile.
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Martin borrows $15,000 from Tom, in the form of a check, and signs a promissory note, promising to pay Tom this amount plus 10 percent interest in one year. Tom indorses the note and negotiates it to Fronston. Fronston indorses the note and negotiates it to Liza. Liza presents the note to Martin for payment when the note is due. Martin refuses to pay the note. Who is secondarily liable to pay Liza
Answers
Frontston is secondarily liable to pay Liza.
What is secondarily liable?Simply , secondary liability occurs when one party accepts legal culpability for another party's activities. When one party encourages, enables, contributes significantly to, or is otherwise liable for the infringing activities committed by the other party, secondary responsibility results.A party may be subject to secondary liability for the payment of an instrument if they subsequently sign, transfer, or present it. Secondary obligation is contingent upon the draught or note remaining unpaid when it is given to the party that is mainly accountable for payment.The draft's drawer is only "secondarily" responsible for the instrument if it is drawn on a bank or another entity.To learn more about secondarily liable refer to:
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your tenant, tom, has called to complain about a broken water heater. you hire someone to replace it. what type of maintenance are you performing?
Answers
Corrective maintenance is to be done when tentant complained about broken water heater.
Corrective Conservation is a conservation task performed to identify, insulate, and amend a fault so that the failed outfit, machine, or system can be restored to an functional condition within the forbearance or limits established for in- service operations. Corrective conservation( CM) involves the relief or form of outfit after it fails.
In response to outfit failure, CM tasks identify the failure( it may be an outfit element or outfit item) and amend the failure so that the outfit can be reinstated and the installation product restored. Unplanned corrective conservation generally occurs when there's no set preventative conservation plan in place. For illustration, you may have a trolley or forklift that isn't audited, but breaks down. Fixing such an item is unplanned corrective conservation.
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some organizations use internal support departments to provide like services to several divisions or departments within an organization. which of the following would probably not lend itself as a support department
Answers
Some organizations use internal support departments to provide like services to several divisions or departments within an organization. Inventory control not lend itself as a support department.
The practice of making sure there is the appropriate quantity available in an organization is known as inventory control, often referred to as stock control. By implementing the necessary internal and production controls, the practice guarantees that the business can satisfy client demand and provides financial flexibility.
To avoid bottlenecks, speed up procedures, pinpoint sluggish or out-of-date products, and even assist assess suppliers, inventory control connects the upstream operations of purchasing and production to the downstream activities of sales and product demand.
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Find the total deposit if you have: Checks for $152.54 and $147.46, cash of 54 one dollar bills, 12 five dollar bills, 6 ten dollar bills, 35 quarters, 18 dimes, 40 nickels and 75 pennies; less $50 as cash received
Answers
Answer:
$437.30
Explanation:
Checks $ 152.54
$ 147.46
54 one dollar bills 54 x 1 $ 54.00
12 five dollar bills 12 x5 $ 60.00
6 ten dollar bills 6 x 10 $ 60.00
35 quarters 35 x 25 cents $ 8.75
18 dimes 18 x 10 cents $ 1.80
40 nickels 40 x 5 cents $ 4.00
75 pennies 75 x 1 cents $ 0.75
Total amount 487.30
less $50 dollars change = 437.30
They have fixed costs of £200 per month Each item's raw materials cost £50 The items sell for £150 each
What is the Break Even Point for the business?
Answers
Answer:
2 unit
Explanation:
The break-even point is that point at which a business makes no profit after settling all the necessary fixed cost for the period. It is the point preceding profit making at which costs are recovered
It is calculated by dividing the fixed costs with the sales revenue less the variable cost per unit of an item.
Workings
Fixed cost = 200
Selling price = 150
Variable cost = 50
Break even point = 200/(150-50)
=2 units
Any sales below this ends up in a loss as the fixed cost will not be fully recovered.
Is debt finance the same as debt capital?
Answers
Answer:
no they are not the same hope this helps
Personal finance skills have the most significant impact on an individual’s
Answers
Answer:
quality of life.
Explanation:
Financial skills are those skills that help to manage finances, maintain financial stability, etc. These skills are usually acquired by financial analyst, financial managers, accountants, etc.
Personal financial skills are the same, but having such personal skills helps one to maintain personal financial flow. It enhances ones quality of life. A person who aquires personal financial skills will be able to maintain the budget, will be able to know right things and ways to spend money on, will have low debts tensions, etc.
Thus the correct answer would be 'that the person will have a quality of life.'
Answer:
C: Quality of life
Explanation:
on edge2021! hope this helps!~ (*^▽^*)
What is the future value at the end of year 3 of the following set of cash flows if the interest rate is 8% ? (the cash flows occur at the end of each period) (round answer to nearest penny and enter in the following format 12345.67) Year 0 cash flow =−1600 a negative cash flow Year 1 cash flow =1100 Year 2 cash flow =1500 Year 3 cash flow =1600 Answer:
Answers
The future value at the end of year 3 of the given cash flows, with an interest rate of 8%, is $4,328.79.
To calculate the future value of the cash flows, we can use the formula for compound interest. The formula for calculating the future value (FV) of a set of cash flows is:
FV = CF1 * (1 + r)^n1 + CF2 * (1 + r)^n2 + CF3 * (1 + r)^n3 + CF4 * (1 + r)^n4
where CF represents the cash flow, r is the interest rate, and n represents the respective periods.
Given the cash flows and interest rate, we can plug in the values and calculate the future value:
FV = -1600 * (1 + 0.08)^0 + 1100 * (1 + 0.08)^1 + 1500 * (1 + 0.08)^2 + 1600 * (1 + 0.08)^3
Simplifying the calculation:
FV = -1600 * 1 + 1100 * 1.08 + 1500 * 1.1664 + 1600 * 1.2597
= -1600 + 1188 + 1749.6 + 2015.52
= 4352.12
Rounding the answer to the nearest penny, the future value at the end of year 3 is $4,328.79.
The future value of the given set of cash flows at the end of year 3, with an interest rate of 8%, is $4,328.79. This value represents the total accumulation of the cash flows taking into account the compounding effect of the interest rate over the three-year period.
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The three common types of checking accounts are basic, interest-bearing, and lifeline?
True
False
Answers
Answer:
True
Explanation:
Quizlet: Name three common types of checking account? basic checking account, interest-banking checking account, and Lifeline checking accounts.
Everybody should leave this app and go to question cove. You do not need any points to ask questions and you get correct answers in as little as 30 seconds. Not to mention you can easily message somebody without any problems.
Answers
Answer:
what happened to karlie
Explanation:
you are considering an option to purchase or rent a single residential property. you can rent it for $2,600 per month and the owner would be responsible for maintenance, property insurance, and property taxes. alternatively, you can purchase this property for $200,900 and finance it with an 80 percent mortgage loan at 4 percent interest that will fully amortize over a 30-year period. the loan can be prepaid at any time with no penalty. you have done research in the market area and found that (1) properties have historically appreciated at an annual rate of 2 percent per year, and rents on similar properties have also increased at 2 percent annually; (2) maintenance and insurance are currently $1,509.00 each per year and they have been increasing at a rate of 3 percent per year; (3) you are in a 24 percent marginal tax rate and plan to occupy the property as your principal residence for at least four years; (4) the capital gains exclusion would apply when you sell the property; (5) selling costs would be 7 percent in the year of sale; and (6) property taxes have generally been about 2 percent of property value each year. based on this information you must decide
Answers
If you plan to stay in the property for more than four years, the purchase option will likely be the better financial decision.
How to explain the informationHere is the analysis of the two options:
Rent
Monthly rent: $2,600
Annual rent: $31,200
Maintenance, insurance, and property taxes: $3,018 per year
Total annual cost: $34,218
Purchase
Purchase price: $200,900
Mortgage loan amount: $160,720
Mortgage interest rate: 4%
Mortgage term: 30 years
Monthly mortgage payment: $1,057
Annual maintenance, insurance, and property taxes: $3,614
Annual property appreciation: $4,018
Annual rent increase: $524
After-tax cash flow (assuming a 24% marginal tax rate):
Year 1: $1,297
Year 2: $1,358
Year 3: $1,422
Year 4: $1,488
As you can see, the after-tax cash flow from purchasing the property is higher than the cost of renting in the first four years. However, the purchase price is significantly higher than the annual rent, so it is important to consider the long-term implications of each option.
If you plan to stay in the property for more than four years, the purchase option will likely be the better financial decision.
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the hr generalist is charged with recommending a benefits package that will attract and retain talent. how should they begin the process?
Answers
The HR generalist should begin the process of recommending a benefits package that will attract and retain talent by conducting a thorough needs analysis of the organization's current employee benefits offerings and benchmarking them against industry standards.
The HR generalist can take to begin the process:
Gather information: Collect data on the current employee benefits package, including types of benefits, cost, employee participation rates, and employee satisfaction levels. The HR generalist should also gather information on industry trends and best practices.
Conduct a needs analysis: Analyze the current benefits package and determine if it meets the needs of the organization and its employees. Identify any gaps or areas where improvement is needed.
Benchmark against industry standards: Compare the current benefits package to industry standards and best practices to determine how competitive it is. This will help the HR generalist identify areas where the organization can improve its benefits package to attract and retain talent.
Solicit employee feedback: Gather feedback from employees on their satisfaction with the current benefits package and any areas they would like to see improved.
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demand is ___ when the price change results in a relatively larger change in the quantity demanded
Answers
Answer:
Demand is elastic when the price change results in a relatively larger change in the quantity demanded :3
Explanation:
:3
Zappos' saying is "We hope this is the last job you ever have." This demonstrates Zappos' focus on the _____ element in its operations.
Answers
Answer: a. human relations
Explanation:
Zappos saying that they hope their company will be the last company the employees work for is them saying that they hope their employees will find working in Zappos constantly alluring such that they would never want to leave (at least until retirement).
It can therefore be inferred from this that Zappos puts in the necessary effort to retain its employees by focusing on human relations in its operations such that employees fill more motivated and fulfilled at Zappos.