The flexible benefits account

Assignment Help Financial Management
Reference no: EM13722235

Rosa’s employer has instituted a flexible benefits program. Rosa will use the plan to pay for her daughter’s dental expenses and other medical expenses that are not covered by health insurance. Rosa is in the 28% marginal tax bracket and estimates that the medical and dental expenses not covered by health insurance will be within the range of $4,000 to $5,000. her employer’s plan permits her to set aside as much as $5,000 in the flexible benefits account. Rosa does not itemize her deductions.

Reference no: EM13722235

Questions Cloud

What is futons abnormal rate of return : Analysis of 60 monthly rates of return on United Futon common stock indicates a beta of 1.58 and an alpha of –0.33% per month. A month later, the market is up by 6.3%, and United Futon is up by 7.3%. What is Futon’s abnormal rate of return?
Discuss the company''s corporate strategy : Discuss the company's corporate strategy and explain what business the organization is in or wants to be in. Describe your growth objectives for this organization.
Accounts receivable turnover and inventory turnover : Jim Short's Company makes clothing for schools. Sales in 2013 were $4,820,000. Assets were as follows: Cash ($163,000), Accounts receivables ($889,000) Inventory ($411,000) Net equipment ($520,000) Total assets ($1,983,000):
Create a draft of your written proposal : You will utilize the Written Proposal template to create your Written Proposal draft. Enter the requested information on the title page where indicated.
The flexible benefits account : Rosa’s employer has instituted a flexible benefits program. Rosa will use the plan to pay for her daughter’s dental expenses and other medical expenses that are not covered by health insurance. Rosa is in the 28% marginal tax bracket and estimates th..
Calculate her commission on the sale : Mary works as a full-service broker at a firm that charges $75 a trade plus 10 cents per share for the broker's services. Calculate her commission on the sale of 700 shares of stock at $26 per share.
Calculate kevins return-what is the current yield on bond : Kevin purchases 100 shares of Coca- Cola at $42.40 a share in January. The company paid a dividend of .25 per share and he sells the stock after a year for $43.00 a share. Calculate Kevin's return. A technology company has total liabilities of $60,00..
Write two operation management challenges : Analyze how operation management activities affect the customer experience. Select two operation management challenges and provide the solutions for confronting them.
How much of this judgment would the insurance cover : Becky Fenton has 20/40/15 automobile insurance coverage. If two other people are awarded $37,000 each for injuries in an auto accident in which Becky was judged at fault, how much of this judgment would the insurance cover?

Reviews

Write a Review

Financial Management Questions & Answers

  From the books of agarwal from books of aggarwal bors

from books of aggarwal bors following information has been extracted rs. sales 240000 variable costs 144000 fixed costs

  1 calculate the annualized forward premium or discount on

1. calculate the annualized forward premium or discount on six-month forward yen.2. if you are planning to go to japan

  Saven travel corporation is considering several investment

saven travel corporation is considering several investment opportunities in order to diversify its operations. mr.

  What will be the effect on total production

Assume complete specialization, where china produces only toys and France produces only wine. What will be the effect on total production?

  This paper should be between 1750 ndash 2000 words and

write an apa style paper outlining the effects of financial planning governance and ethical issues in modern economies.

  Part a an issue that attracts debate in relation to

part a an issue that attracts debate in relation to corporate governance is whether there should be a requirement that

  Calculate margin of safety of each business

Calculate break - even point of each business, calculate the sales volume at which each business will earn RO.5000 profit and calculate margin of safety of each business

  Calculate the cogs for the give years

Calculate the budgeted sales for the 4 years and company has taken a loan for financing the new machine for apple juice production, this has been added to long term debt.

  How much would it be willing to lend the business owner

A small business owner visits her bank to ask for a loan. The owner states that she can repay a loan at $3,000 per month for the next three years and then $6,000 per month for two years after that. If the bank is charging customers 10.00 percent APR,..

  What is the price of maxwells stock today

What is the price of Maxwell's stock today and what is the expected payout ratio if Martha Stewart's uses the residual distribution model to determine next year's distribution and makes all distributions in the form of dividends?

  How much of this will be debt and equity

Compute the weighted average cost of capital on the first $250 million of funds and saven Travel will need to raise $150 of additional capital for expansion. How much of this will be debt and equity?

  Calculate required return on manufacturings common stock

King Farm Manufacturing Company's common stock has a beta of 2.3. If the risk-free return is 4.88 percent, and the market risk premium s 8.24 percent. Calculate the required return on King Farm Manufacturing's common stock. Round the answers to two d..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd