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

  What are the high-risk areas

What material types of transactions and transaction cycles are involved and what are the high-risk areas - How does the company compare with others in the industry?

  How the choice of depreciation method affects

Provide recommendations and justifications of which depreciation method(s) are appropriate in this case. Explain how the choice of depreciation method affects reported profits.

  Managers should base pricing decisions on both cost and

1.managers should base pricing decisions on both cost and market factors. in addition they must also consider legal

  Compute the expected project length

Calculate the expected project length, variance of the critical path, standard deviation of the critical path and the activities along the critical path.

  Significant abnormal negative returns

Some firms had significant abnormal negative returns, but most didn't. Abnormal negative returns were short lived, meaning their stock prices returned to normal after a short period of time.

  Calculate the equivalent annual cost of the facility

An oil company has installed an offshore production facility for $10 million. The annual maintenance cost of the facility is $60,000 per year for the first year, increasing by $10,000 per year for the next 9 years. In the 11th year, a major overhaul ..

  How the fed should respond to prevailing conditionsconsider

how the fed should respond to prevailing conditions.consider the existing economic conditions including inflation and

  Discuss the formation of financial statements

Discuss the formation of financial statements by introducing debit, credit, books of prime entry, accounts and ledgers, trial balance, final accounts and explain and compare appropriate formats of financial statements for difference forms of compa..

  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.

  Swiss franc denominated bond sale

Apple just completed a large, Swiss Franc denominated bond sale. In the discussion board for this topic, explain why a company that has almost $200 billion in cash would decide to issue bonds and why they would choose to use Swiss Franc denominated b..

  Question 1a stock price is currently 100 it is known that

question 1a stock price is currently 100. it is known that in one year it will be either 146 or 80. the risk-free rate

  Determine the measures for 2012

Determine the measures for 2012, rounding to one decimal place, except for dollar amounts, which should be rounded to the nearest cent. Assume 365 days a year.

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