joseph is eligible for a non taxable life insurance benefit with an annual premium of $400 paid entirely by his employer. Assuming Joseph is in a 28% bracket, how much would he have to earn to pay for this benefit with after-tax dollars

Answers

Answer 1

Based on the fact that the non-taxable life insurance benefit is $400, the amount that Joseph would have to earn is $555.56.

How much should Joseph earn?

This can be found as:

= Non-taxable benefit amount / (1 - tax bracket rate)

Solving gives:

= 400 / (1 - 28%)

= 400 / 0.72

= $555.56

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Related Questions

Normally, mortgage brokers have nothing to lose by encouraging you to get a bigger loan than you may be able to afford.

True
False =

Answers

The answer is true because

Marianne was a computer programmer making almost $170,000 a year at a rate of $80 an hour for Big Tech. Ginger, her boss, demanded that she work 100 hours of overtime over the next month until a large project was complete. Marianne believes she is entitled to 100 hours of overtime pay. Under the Fair Labor Standards Act, how much overtime pay is she entitled to

Answers

Under the Fair Labor Standards Act, Marianne is entitled to $12,000 for overtime pay.

What is the overtime rate under the Fair Labor Standards Act?

Under the Fair Labor Standards Act, the overtime rate is a time and a half.

Data and Calculations:

Annual salary = $170,000

Rate per hour = $80
Overtime rate per hour = $120 ($80 x 1.5)

Overtime hours = 100 hours

Overtime pay = $12,000 (100 x $80 x 1.5)

Thus, under the Fair Labor Standards Act, Marianne is entitled to $12,000 for overtime pay.

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The value of a firm is simply the combined value of the firm's projects, divisions, and entities owned by the firm. This property is called value

Answers

The fact that the value of a firm is the combined value of the firm's projects, divisions, and entities, is known as Value Additivity.

What is Value Additivity?

This refers to the notion that to find the total value of something, you need to find the combined values of the individual things that comprise it.

The combined value of a firm therefore, is the various projects, divisions, and other entities that comprise that firm.

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Select all that apply
Which of the following are examples of resources?
A.An oven used to bake bread at a bakery
B.Workers hired to pick grapes at a vineyard.
C.A new technology improving the production process for tractors.
D.Social Security payments made to retired workers.

Answers

Answer:

A. An oven used to bake bread at a bakery

B. Workers hired to pick grapes at a vineyard

A resource is something a business needs for its production. A and B both directly benefit production while C indirectly benefits it and D has no impact.

Note: Answer C is a technological resource but it indirectly affects production. Most people do not include it as a resource but occasionally some do.

Among all the given examples, the best examples of resources are:

An oven used to bake bread at a bakery

Workers are hired to pick grapes at a vineyard.

Hence, Options A and B are correct.

What are resources?

There are various things present in the world that are available for the use of humans. The role of these things is to make the work of humans easy and at the same time provide support to humans.

The term that is used to denote these things is "resources." All a person has to do is ensure that all available resources are used to their full potential.

There are various natural as well as man-made resources available that can be used by humans. Some of the examples of resources are food, water, oil, coal, natural gas, metals, and many more.

Thus, Options A and B are correct.

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What is the purpose of a warranty?
A. to protect manufacturers from consumers
B. to refund your money if you are dissatisfied with a purchase
C. to repair or replace a defective purchase or item
D. to make businesses follow laws

Answers

C. Hope this helps!

The correct option is C. The purpose of a warranty is to repair or replace a defective purchase or item. A warranty is the written assurance of a product's or service's quality as given to a consumer by the manufacturer or service provider. Insofar as the warranty's provisions stipulate, warranties offer clients legally guaranteed service replacement or issue a correction for the period of the warranty.

What is the difference between a guarantee and a warranty?

The primary distinction between a guarantee and a warranty is that the former is normally cost-free while the latter typically charges a fee for the coverage. The beautiful thing about a guarantee is that it strengthens your legal rights under consumer law and is legally enforceable.

A warranty is a seller's promise that they will fix or replace defective goods within a set period. A guarantee is a seller's assurance that a product will satisfy particular performance or quality requirements. If not, a repair or replacement will be made.

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If a company is in new york city, and a qualified applicant lives across the country in california, what would be the most cost effective interview format to use? a. distance interview b. performance interview c. group interview d. behavioral interview please select the best answer from the choices provided a b c d

Answers

Answer:

Answer: Distance Interview

Explanation:

As the company is situated in New York city and the candidate for the interview lives in California the company can choose distance interview. Distance interviews can be telephone interviews or video interviews or screen sharing to know about the candidate's knowledge.

This is a cost saving method and quick method rather than inviting the candidate to New York office for which the company has to pay for the travelling expenses. So this would be the most effective way for the applicant as well as the company.

Explanation:

An organization of high school seniors performs services for patients at Leer Hospital. These students are volunteers and perform services that the hospital would not otherwise provide, such as wheeling patients in the park and reading to patients. Leer spent $1,500 on a recognition banquet and awards for these volunteers. Leer has no employer-employee relationship with these volunteers, who donated 4,000 hours of service to Leer during the year. At the minimum wage rate, these services would amount to $20,600, while it is estimated that the fair value of these services was $25,000. In Leer's statement of activities, what amount should be reported for donated services

Answers

"An organization of high school seniors performs services for patients at Leer Hospital."The amount that should be reported for donated services is 0$. This is further explained below.

What have donated services?

Generally, donated services are simply defined as Contributed premises, advantageous financial agreements, or donated services are all ways in which a nonprofit might benefit from the generosity of others.

In conclusion, free labor, A unique collection of abilities is required, and we were going to buy it anyhow.

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If philip b decided to formulate a lower-price, lower-quality hair care line, it should sell this new product line at.

Answers

If Philip B decided to formulate a lower-price, lower-quality hair care line, it should sell this new product line at Target and other big-box retailers. This is further explained below.

What is retail?

Generally, retail is simply defined as a trade often known as "consumer sales," which refers to the practice of selling products directly to end-users rather than wholesalers or retailers.

In conclusion, If Philip B were to create a new, lower-priced, lower-quality line of hair care products, it would be well-served to market these goods at Target and other discount department stores.

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the effects of the hard lockdown on Eskom​

Answers

Answer:

comitees in parliament had to leave officials in Pretoria, electricity demand was high...

Why is the truth lending act good for credit consumers

Answers

♨ANSWER♥

The Truth in Lending Act (TILA) protects you against inaccurate and unfair credit billing and credit card practices. It requires lenders to provide you with loan cost information so that you can comparison shop for certain types of loans

...hope this helps...

_♡_mashi_♡_

The Truth in Lending Act (TILA) protects you against inaccurate and unfair credit billing and credit card practices. It requires lenders to provide you with loan cost information so that you can comparison shop for certain types of loans.

On January 1, 2020, Bank X makes a loan of $10,000 on a 1 year note at an interest rate of 10% to a client. How much interest revenue is recognizable in total at the end of September 30, 2020

Answers

Approximately $166.7:explanation

To calculate the interest receivable on this note, the math would be as follows:

Principal X Interest X Time = Interest receivable

or


based on the prompt, which of these goals should you
have in this assignment? check all that apply.
in this assignment, you will create a multimedia
presentation so that you can communicate your findings
from your previous budget assignment.
you will describe your budget, explain your reasoning,
provide evidence, address opposing perspectives, and
educate your audience.

to influence your audience
to communicate your ideas
to explain your reasoning
to address other perspectives
to create a presentation

Answers

Based on the given prompt, the goals for this assignment include:

A. to influence your audienceB. to communicate your ideasC. to explain your reasoningE. to create a presentation.

What is the goal of an academic assignment?

The goal of an academic assignment is to provide students with the opportunity to:

Deepen their learningPracticeDemonstrate achievement of the learning goalProvide teachers with evidence of learning.

Like business goals, the goal of an academic assignment should be SMART (Specific, Measurable, Achievable, Relevant, and Time-Bound).

Thus, based on the given prompt, the goals for this assignment are Options A, B, C, and E.

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Answer: A,B,C,E

Explanation: got it right :3

Type the correct answer in the box. Spell all words correctly. Rachel initiated the practice of company visits as part of reaching out to her company’s loyal customers . She set up a campaign that invited people to send in their experiences with her company’s product. Everyone who sent in their experiences would win a chance to visit the company and learn about the processes involved in the making of the product. Which CSR concept has Rachel displayed here?
Rachel has displayed the concept ____of CSR.

Answers

Answer:

uhhh good luck u got this

Explanation:

Answer:

The answer is: Transparency

Explanation:

I got it right on Edmentum.

A legal agreement that clarifies the terms and conditions under which labor and management will operate over a period of time is a(n) ______. Multiple select question. arbitration decision labor contract negotiated labor-management agreement grievance

Answers

Answer:

Labor contract and negotiated labor-management agreement

Assuming that VMD MIC competitors have an accurate costing system, what are the characteristics of jobs (services) that VMD MIC is likely to win vs. lose to their competitors

Answers

The characteristics of jobs that VMD MIC is likely to win is the goodwill from existing customers. while the competitors will have a higher market share because of effective pricing.

What is an accurate costing system?

This is a costing system that allows managers to measure profit so that they can make the best decisions for the company's future.

Hence, the accurate costing system is effective for managing pricing and profitability effectively.

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Which of the following is an example of a GAAP standard?

Ensuring financial statements are accurate and complete
Ensuring products meet all quality standards
Ensuring the company makes a profit
Ensuring the safety of all employees

Answers

Answer:

A. Ensuring financial statements are accurate and complete

Explanation:

GAAP stipulates how to file income statements, what financial periods to include, and how to report cash flow.

The example of a GAAP (Generally Accepted Accounting Principles) standard is: Ensuring financial statements are accurate and complete.

GAAP refers to the standardized guidelines and principles that govern the preparation and presentation of financial statements by companies. Ensuring that financial statements are accurate and complete is a fundamental GAAP principle.

It involves accurately recording financial transactions, adhering to proper accounting methods, and presenting financial information in a transparent and consistent manner. This helps provide reliable and comparable financial information to stakeholders, such as investors, creditors, and regulators, facilitating better decision-making and assessing the financial health of a company.

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A prepayment that is originally recorded as an asset will be ______.

Answers

allocated to future accounting periods equally over the periods receiving the benefit.

The recording of transactions and events is called:.

Answers

Record-keeping.

Explanation:

The definition of record keeping is keeping records, or units of preserved information. This information can also be kept in books, which brings us to another term; bookkeeping.

Assume that the current corporate bond yield curve is upward sloping. Under this condition, then we could be sure that.

Answers

one thing for sure is it’s going to slope down soon

Supply - supply curve - and supply schedule are:Multiple choice question.all the same.three different ways of expressing information about the supply of a good - service - or resource.three identical ways of expressing information about the supply of a good - service - or resource.difficult to compare.

Answers

Supply, the supply curve, and the supply schedule are three different ways of expressing information about the supply of a good - service - or resource

What are ways of expressing supply?

When we speak of supply, we refer to the quantity of goods and services that producers give to the market for sale.

The supply curve then shows the different prices and quantities that these goods would be sold in while the supply schedule does the same but in a non-graphical format.

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negative and positive impact of monopolies in south Africa

Answers

The positive impacts of monopoly in South Africa are related to the advantages of companies, which charge higher prices and generate economies of scale.

The disadvantages are related to the consumer, who pays higher prices since in a monopolistic market there are no more alternatives to obtain a good or service.

What is monopoly?

It is a market situation where there are no competitors, with a company being the only one to sell a product or service, being the holder of the price and market power.

Therefore, a monopoly situation can be harmful to a country, leading to barriers to entry by competitors, reduced purchasing power of individuals and price exploration.

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A strong performing manager with 30 years of service is discovered taking a soda from the cafeteria each afternoon without paying for it. They are warned that continuing this behavior could lead to termination, but they continue taking sodas from the cafeteria. What action would you take

Answers

The action to be taken will be to issue another warning to the manager and tell him that he will be terminated if his behavior continues.

What is the notice issue meant for?

It is to serve as a caution and warning to the manager on the unwanted behavior at the cafeteria.

Therefore, the action to be taken will be to issue another warning to the manager and tell him that he will be terminated if his behavior continues.

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Question 11 (Multiple Choice Worth 4 points)
(01.07 MC)

Country X has progressive taxation of income. The following rates are the tax brackets in Country X. Which rate would the highest earners in Country X pay in taxes?

O2 percent
10 percent
20 percent
40 percent

Answers

The rate of 40 percent will be used for the highest earners in Country X pay in taxes.

What is a progressive taxation?

This method of taxation involves use of higher tax rates for those who earns higher income or more wealth,

Hence, the rate of 40 percent will be used for the highest earners in Country X pay in taxes.

Therefore, the Option D is correct.

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Managers use a ______ strategy to distinguish their products from those of their competitors by focusing on characteristics such as design, quality, and after-sale service.

Answers

Answer:

This is product differentiation

Explanation:

I'm just a smart guy

anyone have any ideas?

Answers

Short term goals are like your little achievements like “completing my home work everyday” long term goals are like “ I’m going to graduate high school”

The market segment that is the focus of a firm’s marketing plan is the
A. market position
B. target market
C. market mix
D. product market

Help please!!!

Answers

The market segment that is the focus of a firm’s marketing plan is the market mix

What is marketing plan?

Markets plan includes all activity that is involved in achieving a certainly goal as regarding market.

marketing mix contains a market plan as it include all actions in marketing a product.

Therefore, The market segment that is the focus of a firm’s marketing plan is the market mix

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The IRR Blank______ to distinguish between investing or financing. Multiple choice question. is able is unable

Answers

The IRR Blank capital to distinguish between investing or financing. Hence, the answer is capital. Read below about IRR Blank Capital.

What is IRR rule?

The IRR rule is a template for evaluating whether to progress with a project or investment. The IRR rule states that if the IRR on a project or investment is higher than the minimum RRR—basically the cost of capital, then the project or investment can be pursued.

Therefore, the correct answer is IRR capital.

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Blue fin started the current year with assets of $716,000, liabilities of $358,000 and common stock of $216,000. during the current year, assets increased by $416,000, liabilities decreased by $58,000 and common stock increased by $291,000. there was no payment of dividends to owners during the year. what was the amount of blue fin's change in total stockholders' equity during the year

Answers

The amount of blue fin's change in total stockholders' equity during the year is: $474,000.

Change  in total stockholders' equity

Change in Assets = Change in Liabilities + Change in Stockholders' Equity

Change in Stockholders' Equity = Change in Assets − Change in Liabilities

Change in Stockholders' Equity = $416,000 − ($58,000)

Change in Stockholders' Equity =$416,000 + $58,000

Change in Stockholders' Equity = $474,000

Therefore the amount of blue fin's change in total stockholders' equity during the year is: $474,000.

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Nighthawk theaters has 15,000 shares of stock outstanding and projected annual free cash flows of $48,200, $57,900, $71,300, and $72,500 for the next four years, respectively. after that, the cash flows are expected to increase at a constant annual rate of 1.6 percent. what is the current value per share of stock at a discount rate of 15.4 percent?

Answers

The current value per share of stock is $31.57.

What is the current value per share ?

The two-stage dividend model would be used to determine the current value per share of the stock. In the two-stage dividend growth model, the first stage is characterised by high growth rate. In the second stage, the high growth rate falls to a steady or normal growth rate

Total cash flows in the second stage of constant growth: (72,500 x 1.016) / (0.154 - 0.016) = 533,768.12

Now determine the present value of the cash flows:

($48,200 / 1.154) +  ($57,900 + 1/154²) + $71,300/ 1.154³ + ($72,500 / 1.154^4) + (533,768.12 / 1.154^4) = $473,495.26

Current value per share = $473,495.26  / 15,000 = $31.57

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*PLEASE HELP ME!*

Sara could practice her guitar or complete her calculus homework. She does not really want to practice her guitar but does so anyway, what is her trade-off?

practicing her guitar
completing her calculus homework
the time it took her to practice guitar.
practicing her guitar and doing her calculus homework

Answers

Answer:

C

Explanation:

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