Answer:
Wage year 4= $12222.19
Explanation:
Giving the following information:
Each additional year of education causes future wages to rise by 7 percent.
A person with 12 years of education makes $21 000 per year.
A person with 4 years of education=$?
We will use the present value formula to calculate the wage in year 0. Then with the final value formula calculate the year 4 wage.
PV= FV/[(1+r)^n]
FV=final value at t time
r= rate
n= period of time
PV= 21000/(1,07^12)= $9324. 2511
Final Value= PV*(1+r)^t
Final Value year 4= 9324.2511*(1,07^4)= $12222.19
Answer:
a) salary $112,000
Interest income $2,200
Capital gain on stock -
gross income $114,200
capital gains and losses
capital gain 10,500
capital loss 15,300
Net capital loss = 4800
net loss offset on Gross income = 3000
Net Gross income $111,200
capital loss that is carried forward = $1800
b) salary $112,000
Interest income $2,200
Capital gain on stock -
gross income $114,200
CAPITAL LOSSES/GAINS
capital gain 16000
capital loss 15300
Net Capital gain = 700
ADD taxable capital gains on Gross income
c) salary $112,000
Interest income $2,200
gross income $114,200
capital losses/ gains
capital loss 15300
capital loss 17000
Total Capital LOSS = $ 32300
Set off against income = (3000)
Losses carried forward =$29300
Explanation:
Capital losses can be offset on normal Gross income but only up to $3000 per year
Statistics are used in place of parameters for making decisions since they are simpler to collect.
<h3>What are the guidelines?</h3>
In general, a parameter is any feature that aids in describing or categorizing a certain system. In other words, a parameter is a component of a system that is crucial or useful for identifying the system or assessing its functionality, status, or other characteristics.
To describe the entire population under study, a parameter is utilized. For instance, we are interested in learning the typical length of a butterfly. This information about the total butterfly population makes it a parameter.
Three different parameter kinds,
- Value Specifiers.
- Parameters of Reference.
- output variables
To learn more about parameters, refer to:
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Economics conditions, political stability and balance of payments 3
Answer:
c. $900
Explanation:
The computation of the earnings before taxes (EBT) is shown below:
= Sales - operating costs other than depreciation - depreciation expense - outstanding bonds × interest rate
= $10,000 - $7,250 - $1,250 - $8,000 × 7.5%
= $10,000 - $7,250 - $1,250 - $600
= $900
We ignored the state income tax rate of 25% and the rest of the items would be taken for the computation part