User Account

All Pages

Determine the amount of the vice president bonus

Assignment Help Accounting Basics
Reference no: EM132001185

Question - Baxwell Industries' vice president of manufacturing receives a bonus equal to 8% of income before taxes (but after bonus). Assuming the company's income before consideration of the bonus and taxes was $48,000,000, determine the amount of the vice president's bonus (round to the nearest dollar).

A) $4,760,000

B) $4,444,445

C) $3,840,000

D) $3,555,556

Reference no: EM132001185

Questions Cloud

Discuss the tympanic membrane and the thyroid gland : Using the South University Online Library or the Internet, research the tympanic membrane and the thyroid gland.
Choose a career field that will present a sense of belonging : There are a multitude factors to consider when deciding to choose a career field that will present a sense of belonging.
With numerical analysis : With numerical analysis explain what the firm would do if it purchases the 6 month call options
What roles do the key stakeholders and policy makers play : Identify the key stakeholders and policy makers involved in the issue you selected. What roles do these key stakeholders and policy makers play?
Determine the amount of the vice president bonus : Assuming the company's income before consideration of the bonus and taxes was $48,000,000, determine the amount of the vice president's bonus
Discuss about the self-actualization : Locke's Goal Setting Theory is about setting clear goals, reinforcing the need to set specific and difficult goals.
What is the nominal annual rate : A $45,000 mortgage is repaid in 20 years by making monthly payments of $387.72. What is the nominal annual rate of interest compounded semi-annually
How do you know if the tasks were based on research : Determine the extent to which the care that you provided was based on evidence and research findings or supported only by your organization's standard procedure
Compare and contrast the online trading companies : Analyze three online trading sites, and determine the requirements for trading, including the price per trade. Compare and contrast the online trading companies

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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