Answer:
internal rate of return 31.8%
Explanation:
on excel we will list each cash flow:
Y0 -190,000
Y1 25,000
Y2 37500 (Y1 x (1+g) = 25,000 x 1.05)
Y3 56250 (37,500 x 1.05)
Y4 84375 (56,250 x 1.05)
Y5 386562.5 (84,375 x 1.05 + 260,000 from the sale)
we now write =IRR( and select the cells then, press enter
the IRR function return: 31.8503%
we round into 1 percent 31.8%
Answer and Explanation:
As per the given question the solution of given points is given here:-
a. Regular pay for the week = Rate of pay × Hours per week
= $12 × 40 hours
= $480.00
b. Overtime pay for the week = Rate of pay × 8 hours × 1.5 times
= $12 × 8 hours × 1.5 times
= $144.00
c. Total gross wages = (Social security withheld + Medicare tax withheld + Federal income tax withheld + Net pay)
= $38.69 + $9.05 + $54 + $522.6
= $624.00
d. Social security withheld = Total gross wages × Social security tax
= $624 × 6.2%
= $38.69
e. Medicare tax withheld = Total gross wage × Medicare tax rate
= $624 × 1.45%
= $9.05
f. Total withholding = Social security withheld + Medicare tax withheld + Federal income tax withheld
= $38.69 + $9.05 + $54
= $101.74
g. Net pay = Total gross wages - Total withholding
= $624.00 - $101.74
= $522.26
2. The Journal entry is here below:-
Wage Expense Dr, 624
To Social security taxes payable $38.69
To Medicare Tax Payable $9.05
To Federal Income Tax Payable $54
To Wages Payable $522.26
(Being the payroll is recorded)
Answer:
1.60
Explanation:
($500,000 - $100,000)/250,000
I'm just gonna say this i don't think they care at all
Answer:
c. buying rupees from National Bank at the ask rate and selling them to American Bank at the bid rate.
Explanation:
- Locational arbitrage is a strategy in which one seeks profits from the difference in exchange rates for the same currency at different banks.
- In our case for locational arbitrage one will have to buy Indian rupee from National bank at the ask rate and then sell them to American bank at the bid rate to make profit.
