3. Mr. Francis worked on a regular holiday that falls on his rest day. He rendered 12 hours of overtime work. Mr. Francis has an hourly rate of P125. How much should he receive as gross pay?
Q: Old Alfred Road, who is well-known to drivers on the Maine Turn- inflation. That is, they will be…
A: The real interest rate is the interest rate adjusted to remove the effects of inflation and reflect…
Q: How can bookkeepers and accountants steal from a property, and what steps can be taken to prevent…
A: Embezzlement, misappropriation, theft, stealing, robbery, or call it what you want, which is usually…
Q: 18. Given the information below, which bond(s) will be issued at a discount? Bond 1 Bond 2 Bond 3…
A: 18) The bond is issued or trades at discount when, Coupon rate (stated rate of return)is less than…
Q: You have bid for a possible export order that would provide a cash inflow of €1 million in 6 months.…
A: A currency forward is a contract where the exchange rate, the time period, and the amount are fixed.…
Q: How much is the sum of the present value of the expected return over those periods
A: Cash Flows (Year 1-10) (CF) = $15,000 per year Annual interest rate (r) = 5% Time Period (t) = 10…
Q: Suppose you are a customer in the FX market and observe the following quotes for FX spot trades of…
A: Here,
Q: Can you please help me solve for the Return on Investment and Break-Even Point based on the data…
A: Return on Investment measures of the performance of an Investment. It tells us the return we have…
Q: Southern Bank offers 10% interest and interest is compounded annually. West Bank offers 9% interest…
A: Option 1: let's consider, 100 invested in Southern Bank Value of 100 after 5 years Solved using…
Q: (a) Find the APY for money invested at 7.2% compounded continuously?
A: "Hi, Thanks for the Question. Since you asked multiple question, we will answer first question for…
Q: Practice B. I Total asset is PHP750,000. Sales is PHP1,500,000. What is the total asset turnover? 2.…
A: Accounts receivable turnover = sales/Accounts receivable
Q: Green Grow Energies, Inc. reported a taxable income of $87,599,200 last year. What was their net…
A: 1) Corporate Taxes Paid: The corporate tax rate is 21%. So, Corporate tax = $87,599,200 * 21% =…
Q: A $15,000 bond with a coupon rate of 4% compounded semi-annually is redeeemable on February 1, 2024.…
A: Bond price: Bond valuation may be a methodology of scheming the theoretical fair worth of a bond or…
Q: ) Gabrielle needs $200,000 in eight years. She has set up a sinking fund that earns 5% compounded…
A: Future Value is $200,000 Time period is 8 years Interest rate compounded monthly is 5% To Find:…
Q: Directions. Prepare a single-step Income Statement For the year ended Dec. 31, 2019, at space…
A:
Q: Estimate the present value of the tax benefits from depreciation. your answer to 2 decimal places.)
A: Depreciation is a deductible business expense. Due to this taxable income of a company reduces by…
Q: Calculate the expected return for Stock A.
A: Expected Return: It represents the profit or loss expected by an investor on an investment. It is…
Q: A bond issued by Delta Corporation matures in 12 years. It has a 12.5 percent annual coupon rate and…
A: The bond value is calculated as sum of present value of cash flows from bond
Q: A B 1 Particulars Values 2 Future Value (FV) 3 Interest rate Compounded monthly (I/Y) |0.05 4…
A: When interest is compounded monthly, the interest rate per annum shall be divided by 12 to calculate…
Q: Here is the condensed 2021 balance sheet for Skye Computer Company (in thousands of dollars):…
A: Given: Particulars Common stock Preferred stock Debt Earning per share $4.10 Stock price…
Q: Five years ago, an industrial engineer deposited $10,000 into an account and left it undisturbed…
A: The purchasing power of a currency is it's worth stating in terms of the number of products or…
Q: that will pay CNY 150 in one Perpetuities nd it will continue to make payments at annual intervals…
A: Present value is the equivalent amount of payment that we would receive in the future considering…
Q: uppose that you purchase a bond from a company that promises to pay $52.66 in coupon payments for…
A: The total amount that a bond pays over its lifetime includes: = Maturity Amount + Coupon Payments
Q: A car costing $ 48182 is purchased with a 25% down payment and further payments of X at the…
A: Note: All the Given Options are incorrect, so we are solving the correct one for you as per the…
Q: at is the cash price of the
A: Redeemable bonds refer to the bond which is redeemed and paid off by the issuer before the bond’s…
Q: Madison Manufacturing is considering a new machine that costs $350,000 and would reduce pre-tax…
A: Net present value is the difference between the present value of cash inflows and present value of…
Q: The discounted payback method is better than the regular payback method because The time value of…
A: Payback period is the amount of time required to recover initial investment. Regular payback period…
Q: A promissory note with a maturity value of 1300 matures in 60 days. The note is sold 23 days before…
A: Given that: Maturity Value= 1300 n=60 Discount Rate (r)=5.5%
Q: Exercise 16-26 Internal Rate of Return; Uneven Cash Flows (Section 1) (LO 16-1) The trustees of the…
A: Internal rate of return is a discounted cash flow technique that calculates a project's rate of…
Q: Year Net Cash Flow Alt 1 Net Cash Flow Ali PhP 11,000 - PhP 5000 5,000 2,000 4,000 3,000 3 3,000…
A: Capitalized cost is present value of all cost and benefits that are worth today considering interest…
Q: A man borrows S195,500 from a bank with interest at 7% compounded annually. e agrees to pay his…
A: Loan Amount= $195500 Rate of Interest (r) = 7% Amount payable at the end of 10 years…
Q: P4-10 Cash budget: Basic Farmers Delight Corporation reported sales of $350,000 in June, $380,000 in…
A: From the given information we have to prepare the cash budget for the month of September , October…
Q: (a) State whether the problem relates to an ordinary annuity or an annuity due. ordinary annuity…
A: Time value of money (TVM) is used to measure the value of money at different point of time in the…
Q: The Total Return on an investment is the relative change in the investment value: Ending…
A: Total Return=Final Value-Initial ValueInitial ValueTotal Return=12500-1600016000=-0.21875
Q: on and accounting cash flow A firm has gathered the following data fo arrent year's operations. The…
A: Operating cash flow is cash flow available after the deduction of operating expenses and adding…
Q: 1. How much is payback period (PP)? Should the project be accepted or rejected? 2. How much is…
A: Capital budgeting is a process used by the companies to use its limited resources to get the best…
Q: w/ ル 16 AaBbCcDc AaBbCcDc AABBCC AABBCCC A 1 Normal 1 No Spac... Heading 1 Heading 2 , 三 Paragraph…
A: Ratios are given as follows for 2 years: 2018 2017 Current Ratio 4.26470 4.82510 Acid test…
Q: ind pays no dividends. One year from now, there is a 50% (risk-neutral) probability that the stock…
A: European call can be exercised only on expiration unlike American call that can be exercised any…
Q: total amount in Fund A and Fund B after 10 years.
A: Funds refer to the pool of money which should be kept aside for some specific or special purpose.…
Q: Suppose the risk-free return is 7.9% and the market portfolio has an expected return of 11.5% and a…
A: Risk free rate = 7.9% Stock beta = 0.77 Market return = 11.5%
Q: The form and content of the audit engagement letter may vary for each company. Write a sample audit…
A: An audit engagement is defined as an agreement, which are between an independent 3rd party and also…
Q: 16 - The government has just issued two bonds. The first bond pays $1,000 at the end of year 1 and…
A: Bonds are the debt securities which are issued by the corporations or the government to raise the…
Q: Tricana Corporation borrowed $75,000.00 at 3% compounded monthly for 14 years to buy a warehouse.…
A: Borrowed amount is $75,000.00 Interest rate is 3% compounded monthly Time period is 14 years To…
Q: 4.10) PVIFA you need to repay the loan by equal payments at the end of every 6 months Example 9: You…
A: Given, The loan amount is P50,000 Interest rate is 10% Term is 3 years
Q: a. How many Brazilian reals do you get for your dollar? (Round your answer to 3 decimal places.) b.…
A: a) From the table below we cann determine that the current exchange rate is 3.484 brazilian reals…
Q: $600 deposited yearly in an annuity account that pays 12% per year and compounds once yearly. How…
A: Future Value of Ordinary Annuity refers to the concept which determines the sum total of all the…
Q: J&R Renovation, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding…
A: a) Pre Tax cost of debt: Interest rate found out using Financial Calculator N = 14 * 2 = 28 PMT =…
Q: The problem describes a debt to be amortized. (Round your answers to the nearest cent.) A man buys…
A: Loans are to be paid by the periodic payments that carry the payment for the principal amount and…
Q: ou expect that the index will experience a gnificant drop in the next 4 months. What would e the…
A: The option are used for hedging the current position in the market and used quite extensively to…
Q: some property which has an assessed value of $240,500. If the tax rate is 65.90 mills, calculate the…
A: There are taxes to be paid on the property according the prevailing tax rate and amount of tax due…
Q: Suppose you purchase a 30-year, zero-coupon bond with a yield to maturity of 5.7%. You hold the bond…
A: Annualized Rate of Return: It represents the equivalent annual return on investment for a certain…
Step by step
Solved in 2 steps
- Carl is paid an hourly rate of $12.65. What is his annual gross pay if he works 25 hours per week? $316.75How would I calculate hourly rate for a non exempt employee with hours past 40? How would I factor in overtime? EX: Cooper worked 88 hours from 10/1 to 10/15 and is paid semi monthly. He earns 62,000 annually.How would I calculate holiday, regular and overtime for an exempt employee? EX: Chinson worked 88 hours, is exempt and is paid semi-monthly. He has 16 holiday hours. He earns 48,000 a year with commission (this commission is 2,325.00) For the pay period of 11/16 to 11/30 what would his regular and overtime hours be in the payroll register along with holiday pay? Gross earnings?
- Anna's time record shows that she have worked 38hr on a regular hourly rate of 300 and have worked overtime for 2hr on Monday, 3hr on Tuesday, 1.5hr on Wednesday, and 2hr on Thursday. How much will be her gross earnings if she is paid an additional of 25% of hourly rate for overtime? a. 14, 587.00 b. 14, 687.00 c. 14, 787.00 d. 14, 887.003.Paul Curcio earns $7.35 per hour for regular time up to 40 hours, time-and-a-half for overtime, and double time for working on holidays. Find his gross pay (in $) if he worked 6 holiday hours for a total of 58 hours Monday through Saturday. $Employee Rick Smith Employee Address 456 1st Ave Yuma, AZ 85364 Number of Hours Worked and Hourly Rate SSN 123-45-6789 Pay Type- Gross Pay Rick's Paycheck Deductions Federal Withholding State Withholding Fed Social Security/EE Fed Medicare/EE Medical 401K Totals Pay Period Check # 108 Current Check Amount(Net Pay) Year-to-Date $168.00 $76.00 $119.04 $27.84 $50.00 $80.00 $
- 2. Compute the weekly gross pay of one of your employees if her daily rate is P512. The nature of her work requires no official time in and no overtime pay beyond her normal working hours of 8 hours per day. Day Time In Time Out Monday 10:00 AM 7:00 PM Tuesday 10:00 AM 6:00 PM Wednesday 9:00 AM 4:00 PM Thursday 8:00 AM 5:00 PM Friday 10:00 AM 10:00 PMa) Syed works in a construction company. He earns RO 8 per hour and worked 45 hours per week. At the end of 7th month rate per hour increased to RO 10. According to the agreement, he is eligible for overtime (time-and-a-half pay) based on 38 hours regular work per week. You are required to calculate annual gross pay of Syed? Assume that 4 weeks in a month.Ismail works in a construction company. He is paid OMR 9 per hour based on hourly rate, for 40 hours per week. According to the agreement, he is eligible for overtime (time-and-a-half pay). If Ismail worked for 48 hours in a week calculate his gross pay. a. OMR 386 b. OMR 468 c. OMR 432 d. OMR 546
- ohn Elton, who is classified as direct labor, earns $1,000 per week and is entitled to four weeks of vacation and 10 holidays each year. How much should be accrued for his holiday pay each week? A. $38.46 B. $40.00 C. $41.67 D. $130.00B. Mr. Sameer has to work for 7 hours a day and 6 hours per week as per the employment agreement. He is eligible for time-and-half pay for the overtime. During a week, he worked for 54 hours. a. Calculate the differential rate pay per hour b. Calculate the gross pay of Mr. Sameer51 S. Wall receives a yearly salary of $78737. She is paid bi-weekly and her regular workweek is 37.5 hours. What is the gross pay for a pay period in which she works 28 hours overtime at time and one-half regular pay? Enter with 2 decimals, no commas and no $ signs.
