Federal tax rate = 10%
State tax rate = 4.3%
Social security = 6.2%
Medicare = 1.45%
Total deductions = 21.95%
Amount withheld = 21.95%*6727 = $1476.58
Answer:1. The higher before tax real gain is for Steve for $2000 i.e (32,000- 30,000) while Stephanie makes $1800(6% of $30,000)
2. The higher after tax real gain is for Stephanie losing 35% of her income
which reduce her income to $1170 while Steve loss 50% of his income which reduce to $1000.
Explanation
The inflation rate is not considered in the calculation because it's constant for both parties.
Answer:
Option A net worth -215,906.03
Option B net worth -210, 159.75
It is a better deal to use the machine through lease than purchase it as the net worth is lower.
Explanation:
Purchase the machine:
-164,000 purchase cost
PV of the maintenance cost
C -9,000.00
time 10
rate 0.08
PV -$60,390.7326
PV of the salvage value
Maturity 14,000.00
time 10.00
rate 0.08000
PV 6,484.7088
<em>net worth: </em>
-162,000 - 60,390.73 + 6,484.70 = -215,906.03
PV of the lease: (annuity-due)
C 29,000.00
time 10
rate 0.08
PV $210,159.7494
Answer:
B. a high degree of centrality
Explanation:
According to the model of power, there are four contingencies of power which are; <u>centrality</u> ,substitutability, visibility and discretion and each may be high or low within the organization, depending on the scenario.
Centrality refers to <u>how dependent others are, on the person or group holding power, and to what extent the actions of those holding power can affect the people depending on them.</u>
The higher the number of people dependent on the power holder, the higher the degree of centrality.
Therefore, my team has a high degree of centrality because the work of several other teams are dependent on my team's performance.