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Edward worked at three jobs during 2011. he earned 40,000, 37,000 and 9,000 respectively from the jobs and claimed three allowances on each of his W-4's. What it the totla amount of FICA tax that would have been withheld for Edwards wages? I came up with the answer 1,247 if it is wrong could you show me why?
Now suppose there is a shift in investor risk aversion, and the market risk premium increases by 2%. The risk-free rate and Yonan's beta remain unchanged. Illustrate what is Yonan's new required return?
What are two groups of financial statements mandated by GASB Statement No. 34? For each group, what are the names of the individual statements that must be produced?
A gold mine can be purchased for $100 million. Determine the ROR if this investment for the following cases. The estimated useful life of the mine is 10 years.
There is no doubt that Swift is guilty and the settlement is reasonably estimable at $10 billion payable evenly over 10 years starting next year. E xplain b riefly how Swift would address this in its current year financial statements.
What is the fair-value option for reporting the equity method investments? Please explain procedures that should be used when changing from the fair value method to the equity method?
Find the average cost from the given data - Why do the costs per diner for the three different parties differ from each other and from the overall average cost of $15.00 per diner?
The stated interest rate on the borrowed funds is 10%. What is effective annual rate of interest on the line of credit?
Management's assessment of the operating effectiveness for the period from the beginning to the end of the fiscal year under audit. Identification of framework used for evaluating internal control.
The investment will earn 6% compounded annually. At the end of five years, she will need a total of $40,000 accumulated. Explain how should she compute her required annual invest-ment?
Prepare a classified balance sheet with a proper heading on a spreadsheet. For assets, use the classifications of current assets, plant and equipment, intangibles, and other assets. For liabilities, use the classifications of current liabilities a..
What are your monthly interest rate and annual effective interest rate? If your current outstanding balance is $3000.00 and you skip payments for two months, what would be the total balance two months from now?
There was no amortization of bond premium or discount during the year. Illustrate what amlount should Kim report in its 2011 statement of cash flows for redemption of bonds payable?
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