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elixir [45]
1 year ago
15

Helen, who is single, is considering purchasing a residence that will provide an $18,000 tax deduction for property taxes and mo

rtgage interest. If her marginal tax rate is 24% and her effective tax rate is 20%, what is the amount of Helen's tax savings from purchasing the residence?
Business
1 answer:
GenaCL600 [577]1 year ago
4 0

Answer:

amount of tax saving is $4320

Explanation:

given data

tax deduction = $18000

marginal tax rate = 24%

effective tax rate = 20%

to find out

amount of tax saving

solution

we know tax saving formula that is

tax saving = tax deduction × marginal tax  ........................1

so now put here all value in equation 1

tax saving = tax deduction × marginal tax

tax saving = 18000 × 24%

tax saving = 18000 × 0.24

tax saving = 4320

so amount of tax saving is $4320

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Alfarsi Industries uses the net present value method to make investment decisions and requires a 15% annual return on all invest
Rzqust [24]

Answer:

E. $7,190

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

For project A,

Cash flow in year 0 = $-14,500

Cash flow in year 1 = $9,500

Cash flow in year 2 = $9,500

Cash flow in year 3 = $9,500

I = 15%

NPV = $7190.64

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

3 0
2 years ago
mercury is a liquid metal. its density is 13.6g/cm3 . mercury is supplied in a plastic bottle whose volume is 50cm3. the empty b
IgorLugansk [536]

density=mass/volume

mass=density *volume

mass of mercury=13.6 *50=680g

mass of bottle when filled with mercury=680 +25=705g

7 0
2 years ago
Which of the following approaches can help you mitigate the challenges of poor forecasts? a. Obtain and use the best, most recen
grandymaker [24]

Answer: E. All OF THE ABOVE

Explanation:Forcasting is a technical term used especially in Economy management, statistics,and in operations to predict possible outcomes especially as it concerns the future,putting into consideration prevailing circumstances.

The challenges of poor forcasting can be mitigated by all of the approach highlighted. Using the BEST,MOST RECENT INFORMATION, USING SIMPLE TECHNIQUES (this will improve accuracy and avoid complexities), BUILD FLEXIBLE OPERATIONS and MINIMIZE INVENTORY ( this will reduce the stress of handling too many things at a time).

7 0
2 years ago
While searching for the best interest rate on a certificate of deposit, Kyle noted that two online banks had better rates than t
GaryK [48]

Answer:

see below

Explanation:

Online-only banks lack a physical presence like traditional banks. They operate over the internet and usually offer higher interest rate than the regular bank. Two reasons make them offer higher interests.

  1. Online banks do not require huge space under brink and mortar to operate.  They do not need a large number of employees compared to other banks.  It means they have low operating expenses, hence more profitable. Online-only banks can afford to pass the benefits of low running costs to their customers by offering high interest on deposits.
  2. Online-only banking is still a new concept in the banking industry. To gains popularity and attract more customers, online banks are offering higher interest rates than regular banks.
7 0
2 years ago
An insurance adjuster processes the claims of six policy holders in an eight hour work day. The adjuster uses $5 in gasoline and
natta225 [31]

Answer:

0.75 claims per hour

Explanation:

The goal is to determine the single factor productivity of the Insurance adjuster.

Step 1: Know the formula for Singe Productivity

Single Factor Productivity= Units Produced/ Labour Hours Used

Step 2: Calculate the productivity

Units Produced = 6 (the Procesing of the claims of six policy holders)

Labour Hours used = 8 (The number of hours used to process the claims per day)

Single factor Productivity= 6/8 = 0.75 claims per hour.

7 0
2 years ago
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