What is the total old age claw back which Mark will have

Assignment Help Accounting Basics
Reference no: EM132748829

Question - Franklin Stewart has division B income before the claw back of $105,000. He received from the government old age security benefits of $7,362 for the calendar year 2020. What is the total old age claw back which Mark will have to repay the government for 2020?

a) $3,900

b) $3,892

c) $4,048

d) $7,362

Reference no: EM132748829

Questions Cloud

Advise expansion plan for france : HR consultants (you) to advise/comment on whether their expansion plan for France and their long term investment strategy is realistic or not?
Can provide examples of training designed for near transfer : Can you provide examples of training designed for near transfer? Far transfer? It is important to be aware of the transfer of training
Discusses decision making using system modeling : discusses decision making using system modeling. The author briefly mentions an open source software tool,
Summarize the article and discuss how it relates to course : For the term paper, you are required to pick a current economic topic that relates to the material we have covered or will cover in this course.
What is the total old age claw back which Mark will have : Franklin Stewart has division B income before the claw back of $105,000. What is the total old age claw back which Mark will have to repay the government
What organizations need to be involved : What organizations need to be involved and what needs to be proven for their case to be supported? Who has the authority to actually revoke a domain?
Several parts of nation financial infrastructure : In this scenario, hackers launch cyber attacks that affect several parts of the nation's financial infrastructure over the course of several weeks.
Do feel that jack carter gender wage differential justified : Carter Cleaning Centres does not have a formal, Do feel that Jack Carter's gender wage differential is justified? Is it a wise practice in today's workplace?
What is the purpose of the scatter diagrams : What is the purpose of the scatter diagrams, and how can people determine whether positive, negative, or no correlation exists between two variables

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