BLackhawk_PP_Doss

4

CASE: A man is currently paying on a monthly basis his 300,000-peso salary loan made a year ago. He has two more years left to extinguish the loan but unfortunately, he lost his job and thought he cannot anymore afford to pay the monthly amortization payments. He has plans to get back on his feet and to he requested the bank to have his loan re-structured so that he will be paying the balance with the SAME amortization amount but on a quarterly basis. The financing institution granted his request. Assume a constant interest rate of 15% per compounded annually, answer the following questions. Questions: 1. How much is the amortization payments? 2. For how long will the man be paying the remaining balance? 3. CONSTRUCT THE CASH FLOW DIAGRAM 4. Construct the amortization table.

Subject: acounting

If you are hired by an organization, you would be least hurt by inflation if Your employer has a cost-of-living adjustment clause in the employment contract If your employer provides fixed annual increases in salaries and benefits in the employment contract The government increases social security retirement payments in anticipation of expected inflation O You increase savings in your bank account in anticipation of expected rise in inflation

The Client: Darius Williams, 44 is a single father with three-year-old twin boys, who just lost his job as a Finance Analyst.  He was employed for nine (9) years with Vroom Finance, a vehicle financing company.  Management decided to restructure the company to cut costs and stay competitive.  As a result, Darius, along with seven (7) other employees was made redundant. USD$45,496 in cash by the severance laws in the country. Proceeds of USD$19,775 from the company pension plan. If he decides to take cash, he will be taxed 25% by the government.  The other alternative is to roll the funds into a new pension plan without penalties or taxes.  He now has one month to decide. Three (3) months of health insurance. There are two weeks of coverage left. Three months of life insurance, with the option to continue the plan as an individual. He now has one (1) month to decide. Although losing his job was a huge shock, Darius immediately started looking for new employment.  The job market was…

As Loren is preparing the end of year financial statements, she realizes that the earnings are not quite high enough to justify the large loan application that is being currently processed. She decides to stretch the assumptions just enough to be able to meet the requirements for the loan application. This is an example of:

Mary Ribukh was hired as a staff auditor of LGY and Company in 2005. In December 2012, he transferred to Quilava and Associates. In 2014, he returned back to LGY and Company until his retirement in 2020 at the age of 55. Question 1: Are the retirement benefits taxable to Anton? Question 2: Suppose he was terminated from employment due to dishonesty. Is the separation pay taxable to Anton? Question 3: Suppose he was terminated from employment due to the merger of the two audit firms Will the separation pay be taxable to Anton?   Yes, Yes, Yes No, Yes No No Yes, Yes Yes, No, No

taxation question.    see below

Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

Hello! I need help with this problem. The first one is good, but the rest are wrong. Thank you for helping me.  Problem 2-21 (LO. 1) Purple Company has $200,000 in net income for 2018 before deducting any compensation or other payment to its sole owner, Kirsten. Kirsten is single and she claims the $12,000 standard deduction for 2018. Purple Company is Kirsten's only source of income. Ignoring any employment tax considerations, compute Kirsten's after-tax income for each of the following situations. Click here to access the 2018 individual tax rate schedule to use for this problem. Assume the corporate tax rate is 21%. When required, carryout intermediate tax computations to the nearest cent and then round your final tax liability to the nearest dollar. a.  If Purple Company is a proprietorship and Kirsten withdraws $50,000 from the business during the year; Kirsten claims a $40,000 deduction for qualified business income ($200,000 × 20%). Kirsten's taxable income is$, and her…

Question and my answer is below.  Can you help me determine what I have done incorrectly? I believe it may be with the PMT line.  I selected 0 because it doesn't say that her payments will be reinvested.  investment you made in a friend’s business. She will pay you $22,809 at the end of this year, $45,618 at the end of next year, and $68,427 at the end of the year after that (three years from today). The interest rate is 11.5% per year. What is the PV of your windfall? Financial Calculator: N = 1 year I/Y = 11.5% *Note: Only place 11.5 press I/Y; no division or equal sign like mortgage FV = 22,809 PMT = 0 *Note: Payment here is any additional deposits. It says she pays you, not reinvest) CPT PV = 20,456.50   b. What is the FV of your windfall in three years? Financial Calculator: N = 3 year I/Y = 11.5% *Note: Only place 11.5 press I/Y; no division or equal sign like mortgage PV = 68,427 PMT = 0 *Note: Payment here is any additional deposits. It says she pays you, not reinvest)…

Need Solution in this financial account problems. answer me carefully

Would Qualifying an Indorsement Be Ethical? Suppose you have taken a promissory note for $3,500 payable in 12 months with interest at 10 percent as payment for some carpentry work you did for a friend. You have some reason to believe the maker of the note is in financial difficulty and may not be able to pay the note when it is due. You discuss with an elderly neighbor the possibility of her buying the note from you as an investment, and she agrees to buy it from you for $3,000. Would it be ethical for you to indorse the note with a qualified indorsement ("without recourse")?

A series, or stream, of cash flows may not always necessarily be an annuity. Cash flows can also be uneven and nonconstant, but the concept of the time value of money applies to uneven cash flows as well. Consider the following case: Swanky Beverage Co. expects the following cash flows from its manufacturing plant in Palau over the next 5 years: Year Annual Cash Flows 1 $4,100,000 $2,900,000 2 3 4 5 $3,000,000 $6,600,000 $5,600,000

Dr. Roger Jones is a successful dentist but is experiencing recurring financial difficulties. Forexample, Dr. Jones owns his office building, which he leased to the professional corporation thathoused his dental practice. (He owns all shares in the corporation.) After the corporation’s failure to pay payroll taxes for the past 6 months, however, the Internal Revenue Service is threatening to impound the business and sell its assets. Also, the corporation has had difficulty payingits suppliers, owing one of them over $200,000 plus interest. In the past, Dr. Jones had borrowedmoney on the equity in either his personal residence or his office building, but he has grownweary of these recurring problems and has hired a local consultant for advice.According to the consultant, the financial difficulties facing Dr. Jones have been caused bythe absence of proper planning and control. Budgetary control is sorely needed. The followingfinancial information is available for a typical month:…