Calculate the Employment Insurance premium for an employee who works in Nova Scotia and has earnings of 1,000 per bi-weekly pay perio our answer:
Q: The characteristics of customs brokers
A: Introduction: A Customs Broker is a licensed professional that facilitates the movement of goods…
Q: s annual percent interest 3% compounded monthly. She needs to pay at ach month. She missed the 10th…
A: Loans are paid by the monthly payments and these are fixed payments and these payments carry the…
Q: Given total Sales of 300.000, gross margin equal to 40% of Sales, total Expenses of 84.000, interest…
A: concept. Result to sales = Result * 100Sales (Here , result = Net income).
Q: Given an optimal risky portfolio with expected return of 6%, standard deviation of 23%, and a risk…
A: CAL The geographical representation of all possible risk-fee investments and risky investments is…
Q: hat is the pay off to a call option with strike 17 when the underlying price is 26? Need typed…
A: Call option gives you the opportunity to buy the stock on the expiration of contract but there is no…
Q: Fourteen years and three months ago, you took out a 30- year loan of $300,000. The loan has a 7% APR…
A: Mortgage payments are the fixed amount paid by the borrower to the lender that includes the interest…
Q: ne Oil & Gas is considering an investment in Perfect Lease. Given the following information,…
A: Payback period is the period required to recover the initial amount of investment and do not…
Q: Assume that the rate on a floater is set at LIBOR + 3%, that the floater portion of a class is 75…
A: LIBOR - 3%
Q: Coco borrowed ₱100,000 and wishes to repay Kobe at the end of each month with payments of ₱3,000 for…
A: Loan amount (P) = 100,000 Monthly payment (C) = 3,000 Monthly interest rate (r) = 0.0075 (i.e. 0.09…
Q: Blackstone, Inc. is currently an all-equity firm that has 65,000 shares of stock outstanding at a…
A: Share Repurchase: Share repurchase (also known as buy-back) refers to the decision of the firm to…
Q: An investment had a nominal return of 11.8 percent last year. If the real return on the investment…
A: Nominal rate = 11.8% Real rate = 8.7%
Q: Consider a portfolio manager with a $20,500,000 equity portfolio under management. The manager…
A: Given: Portfolio value = $20,500,000 Portfolio beta = 1.25 Future price = 1,250 Multiplier = 250
Q: Locust Inc. owes $13,000.00 to be repaid by monthly payments of $470.00. Interest is 11% compounded…
A: Honor Code: Since you have posted a question with multiple sub-parts, we will provide the solution…
Q: Suppose Firm 1 is 100% equity financed. Firm 1 has a project available that offers a 10% return on…
A: Required return for the firm is calculated using following equation Required rate of return = Risk…
Q: A 200,000 10-year bond pays coupon annually at a rate of 6% semiannually. The bond is bought to…
A: The bonds that sell at a premium then it mean it is offering a higher coupon rate than the market…
Q: A firm increases its dividend plowback ratio. All else equal, you know that earnings growth will…
A: The dividend plow-back ratio is how much of a company's earnings are retained after dividends are…
Q: A $1,000 par value bond with an annual coupon rate of 5%, and callable at $1,050, can be converted…
A: concept. Convertible Bonds are the corporate bonds that can be converted into common stock of the…
Q: what are the simple equations for pay off of buying and writing calls and puts and profit of writing…
A: A call option is a contract between a buyer and a seller that gives the buyer the right, but not the…
Q: A certain property can be bought with payments of Php 80, 000 at the end of each month for the next…
A: We need to find the remaining liability just before the 10th payment. It's a time value of money…
Q: that time today is Dec. 13, 2022. Determine what is being asked in each problem. 1. How much is the…
A: Future value of the amount includes the amount that is being deposited over the period of time and…
Q: Sara is currently holding 75 shares of Apple, Inc. (AAPL), 16 shares of PayPal (PYPL), and 62 shares…
A: Sara is currently holding 75 shares of Apple, Inc. (AAPL), 16 shares of PayPal (PYPL), and 62 shares…
Q: A perpetuity pays $100 each and every year forever. The duration of this perpetuity will be _______…
A: Yield to maturity (r) = 0.10 Annual payment = $100 Duration = ?
Q: Use the following information to answer this question: Windswept, Incorporated 2021 Income…
A: Return on equity is the rate of return that investor will get on equity provided. Return on Equity…
Q: Assume that time today is Dec. 13, 2022. Determine what is being asked in each problem. 1. How much…
A: We have various time value of money based questions here. We need to find the missing variable in a…
Q: Thank you for calculating the IRR. Could you also answer the question "If the required return is 11…
A: The required rate of return for a project is the hurdle rate or the benchmark rate which can be used…
Q: Ariells borrows 400.000 at i-.03. She repays this loan by paying off only the interest due at the…
A: Annual Equivalent Rate: AER represents the actual interest rate on a savings account or on a loan…
Q: O negative O positive O vertical O zero Cannot be determined.
A: CAL stands for Capital Allocation Line. It is a combination of risk free security with multiple…
Q: A business has 10 million ordinary shares that are currently quoted at £2.20 each. The business has…
A: We have to assess the impact of a dividend payout followed by equity issuance on the total value of…
Q: As the number of stocks in a portfolio increase, the portfolio’s systematic risk can either increase…
A: Solution: When an investor invests in equity market, it get exposed to two types of risk- a)…
Q: Derek purchased 845 shares of Texas Instruments Incorporated (TXN) for $172,540 in a margin account…
A: concept. initial margin is required to be deposited at specified percentage.
Q: Swenson Oil & Gas allows its customers to prepurchase heating oil in June for the coming winter.…
A: Swenson is long on the asset , and asset price has decreased he will make losses because he ordered…
Q: Part II - Average Rate of Return (Ch 26) The management of River Corporation is considering the…
A: concept. average rate of return can be calculated in two ways:- 1. on basis of initial investment.…
Q: 8. Calculate the semi-annual rate convertible monthly, from 38% convertible semi-annually.
A:
Q: What is the cost of capital rate in the question?
A: Cost of capital is the WACC of the project. WACC is equal to weighted average cost of capital. WACC…
Q: The Odessa Supply Company is considering obtaining a loan from a sales finance company secured by…
A: The annual financing cost is calculated by dividing the interest cost and the field warehouse fee by…
Q: Premier, Incorporated, has an odd dividend policy. The company has just paid a dividend of $4 per…
A: Dividend discounting model is a method of finding out the current value of securities after…
Q: Howden is interested in purchasing a jet ski for $15 834. He chose to finance this purchase across a…
A: Interest payment refers to the amount that is being paid with the principal amount in exchange for…
Q: At what rate compounded quarterly will double the amount of Php20,000 in 8 years? O 6.77% O 8.76%…
A: More is the effective interest rate as there is more compouding and more interest is accumulated…
Q: Dog Up! Franks is looking at a new sausage system with an installed cost of $577,200. This cost will…
A:
Q: 7) A) B) C) D) E) F) An investment was made into account which earned interest that was compounded…
A: Solution:- When an amount is invested somewhere, it earns interest on it. The amount initially…
Q: Company decided to change its capital structure. Long term loan will be increased from 3 mio to 20…
A: A company is undergoing change in capital structure. We need to find the break even EBIT and then…
Q: A firm is considering investing in a project that is expected to generate total free cash flows of…
A: The discounted cash flow valuation method is a frequently employed method wherein all the future…
Q: For the credit card account, assume one month between billing dates (with the appropriate number of…
A: We have the transaction history of a credit card. We need to find the Average daily balance, the…
Q: lender makes a 10 year loan of 120,000 which is to be paid by level paym 1. The interest rate for…
A: Loans are paid by the monthly payments and these are fixed monthly payments and these monthly…
Q: The capital structure of a company is composed of debt and equity as follows. Given the following…
A: Given: Stock price = $85 Growth rate = 3% Expected dividend = $4
Q: Which of the following statements is true? O As a general rule, management would want to reduce the…
A: Several statements have been given about the average collection period. We have to find the correct…
Q: On December 31, 2018, Inventory for Company X was $30,000. On December 31, 2019 the Inventory amount…
A: Inventory is a current asset that represents the raw materials, work in progress, and finished goods…
Q: A payment of $3,550 was due two years ago, and a payment of $1,100 is due today. What single payment…
A: The time value of money is the worth of money today is more than the worth of money tomorrow. The…
Q: A trader buys two July futures contracts on frozen orange juice. Each contract is for the delivery…
A: Futures contract. Futures are used by the trader to hedge the foreign currency exposure .
Need typed answer only.Please give answer within 45 minutes
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- If an employee has paid $34.21 in employment insurance, what is the amount payable on a journal entry?After evaluating the information provided by the employees of La Nueva Era bookstore: Determine the amounts that must be reported in the employees' W2.Calculate the Social Security and Medicare payment that the employer must make.Calculate the state unemployment that the employer must pay at the rate of 6% of the first $ 10,000 the employee earns.Make the entries to the wage related to the debts contracted with the different agencies in contributions by the employer. Employee Name Weekly salary Retirement payment Juan del Pueblo $1,250.00 $21.93 Ramonita Ramírez $950.00 $37.12 Brenda Montalvo $1,100.00 $88.00 Camilo Monge $590.00 $23.02 Jorge Emmanueli $860.00 $92.00 Mariel Estrada $1,020.00 $48.00 Emanuel Reyes $750.00 $25.60 Ernesto Ramírez $640.00 $26.40 Daniela Morales $1,000.00 $32.68 Ángel Carrasquillo $860.00 $68.80Doris MacNeil works for Modem Furniture in Alberta and receives the following remuneration on her pay: Bi-weekly salary $1,364.85 Overtime 342.96 4% vacation pay on overtime 13.72 Group term life insurance non-cash taxable benefit 15.75 Taxable car allowance 75.00 What is Doris’ gross pensionable/taxable income for this pay? Show your calculations
- You have to decide whether or not to participate in the employer match program at your work. If you place 8% of your gross pay into a retirement account, your employer will match it. You plan to retire in 30 years. You expect to earn 6% return on your investment. How much will you have in the account if your average annual gross salary is $50,000? A. $316,232.80 B. $22,973.96 C. $45,947.92 D. $632,465.60 Using the same information as the previous question, assume that you want to increase your portion of the contribution to 10%. The employer will only match up to 8%. How much would you have in this situation? A. $692,523.80 B. $711,523.80 C. $316,232.80 D. $632,465.60Find the amount of Social Security and Medicare for the current pay period Of the employee. G. Falk has a current gross earning of $952.41 oh, and he has a year-to-date earning of $109,504.33.Calculation of Take-Home Wages (Accounting for Liabilities). Lina Lu is an hourly worker who earns $50 per hour. During the prior week, Lina worked 40 hours. The FICA rate is 6.2% and Medicare Rate is 1.45%. Lina's total wages for this payroll are subject to the aforementioned taxes. In addition, she had deductions of $280 for federal income tax and $80 for insurance contribution. What is her net pay? Can you please show how you came to this answer? Thank you!
- Give typing answer with explanation and conclusion Louise Gendron’s monthly gross income is $4,800. Her employer withholds $720 in federal and provincial income taxes, $210.68 towards the Canada Pension Plan, and $68.67 for EI contributions. Louise contributes $180 per month to her RRSP. Her monthly credit payments for Visa and MasterCard are $83 and $73, respectively. Her monthly payment on an automobile loan is $465. a. What is Louise’s debt-payments-to-income ratio? (Round your answer to 2 decimal places. Omit "%" sign in your response.) Debt payments–to–income ratio % b. Is Louise living within her means?Imagine you are an employer (an awesome one). When should you recognize short-term employee benefits? * A. Every 15th and 30th of the month. B. Every 1st day of the month C. Never! D. When the employees have rendered service in exchange for the employee benefits.The following information is noted on the year end payroll register for an employee employed with a Québec employer: Regular earnings $85,000.00, vacation pay $3,800.00, taxable car allowance $630.00, non-cash taxable benefit for group term life insurance $169.00 and a non-eligible retiring allowance of $15,000.00. Calculate the amount that would be reported in Box I of the RL-1?
- How do you calculate FIT on payroll register? If employees are paid on a biweekly basis and they are all married and do not request any additional withholding. Each employee has also requested that 5% of their pay is withheld for the retirement plan. What calculations do I use to find FIT?An employer uses a career average formula to determine retirement payments to its employees. The annual retirement payout is 8 percent of the employees’ career average salary times the number of years of service. Calculate the annual benefit payment under the following scenarios. Years Worked Career Average Salary 27 $ 68,000 30 70,500 32 72,000Q1. Your employer uses a flat benefit formula to determine retirement payments to its employees. The fund pays an annual benefit of $2,500 per year of service. Calculate your annual benefit payment for 25, 28 and 30 years of service.