How long of a commitment for those jobs would you consider

Assignment Help Accounting Basics
Reference no: EM132000274

Question - Ford Motor Company is adding over 2,000 new jobs in their Claycomo Assembly Plant. The average wage will be $20 per hour. These wages would have a 6% Individual State Income Tax Rate per year. In addition, there would be a 1% state unemployment tax rate. The Ford plant is in Clay County where they pay $6,000,000 a year in corporate property taxes. New equipment would be added to the plant. This would raise the property taxes another $1,000,000 annually.

Now, every state and country in the U.S. wants these jobs. As the Missouri State Treasurer, how much are you going to give Ford to put those jobs here? How long of a commitment for those jobs would you consider?

Reference no: EM132000274

Questions Cloud

What is the justification for the use of women specifically : Based on this week's discussion of suicide terrorism, what is the justification for the use of women specifically (over men)?
What is the sales revenue for bed bath : What is the sales revenue for Bed Bath and Beyond in its last quarter and what is the projected budget for next quarter? What is the Var +/- and Var %?
What will the value be if the company borrows : What will the value be if the company borrows $136,000 and uses the proceeds to repurchase shares? (Do not round intermediate calculations).
Use dynamic incentives to prevent strategic default : how can an MFI use dynamic incentives to prevent strategic default? What is the maximum interest rate the MFI can charge?
How long of a commitment for those jobs would you consider : As the Missouri State Treasurer, how much are you going to give Ford to put those jobs here? How long of a commitment for those jobs would you consider
Regular treasury note or in the ten-year tips note : Should you invest in the 10-year regular (non-TIPS) Treasury note or in the 10-year TIPS note?
What was the percentage change in the given value : Mexican Peso Changes. In December 1994, the governement of Mexico officially changed the value of the Mexican peso from 3.18 pesos per dollar to 5.49 pesos.
Which plan offers the highest cash flows for investors : Midnight and Moonlight (M&M) Corporation's earnings before interest and taxes are $8,000,000 each year. The company currently has no debt, but is considering.
What is initial cost of the project including flotation cost : What is the initial cost of the project including the flotation costs if you maintain a debt-equity ratio of 0.45?

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.

  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!

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