At the end of one year, Angelique had $8,456 in her HSA. This year, she has used 75% of that amount to pay for medical expenses. She has also contributed $1,800 to the account, and she has earned $73 interest. How much is currently in her account?
Q: Assume that the interest rate on 1 year t-bill in Canada is .60% and the interest rate for similar p...
A: Time Period = 1 Year Interest Rate of Canada = 0.60% Interest Rate of US = 1%
Q: 13) Your company bought a piece of machinery for $80,000, and depreciated it using a 5-year MACRS ap...
A: Depreciation is defined as any fall in the value of an asset due to its usage and time spent on it. ...
Q: A bank deposit paying simple interest at the rate of 6%/year grew to $1300 in 8 months. Find the pri...
A: The interest calculation made for a loan or investment is ascertained using simple and compounded me...
Q: Tom Fong Music Inc., has an outstanding bond callable at $1,340. The total value of the bond is $100...
A:
Q: A$14,500 bond that has a coupon rate of 5.80% payable semi-annually and maturity of 5 years was purc...
A: Par value (FV) = $14,500 Coupon rate = 5.80% Semi annual coupon amount (C) = 14500*0.0580/2 = $420.5...
Q: Which one is LEAST likely to be considered in developing financial strategies? a. Investment and gr...
A: Financial strategy of a company or an organization is concerned with the procurement of funds and th...
Q: Lakeside Inc. is considering replacing old production equipment with state-of-the-art technology tha...
A: Answer - Part 1 - Calculation of Payback Period = = Initial Investment / Annual Cash inflow Given, ...
Q: Here is Ahmad's credit card statement for the month of November. Transaction Date Transaction amount...
A: Date Transaction Transaction Amount 01 November 2022 Beginning balance $ 1,500.03 ...
Q: ds per share and market value per share was recently at P32 and P240 respectively. If dividends grow...
A: Price of shares increases with time and grow at the rate of growth in dividend. That can be found ou...
Q: What are the holding period and the annualized compounded returns if you buy a stock for $40 and sel...
A: Holding period return is the total percentage return on an investment over a period of investment. T...
Q: Zebra Corporation currently has 2,500,000 shares of stock outstanding that sell for RM45 per share. ...
A: Shares Outstanding = 2,500,000 Share Price = RM45 per share
Q: If Average assets and capital are 900,000 and 540,000, respectively, with a net income of 47,520, wh...
A: Return on equity is a type of financial ratio of a company. Return on equity is a performance measur...
Q: A firm has just paid (the moment before valuation) a dividend of 88C and is expected to exhibit a gr...
A: Price of stock can be found from variable growth rate of dividend discount model and value can be fo...
Q: Which arrangement of the different modes of financing appropriately reflects the related cost of cap...
A: Highest cost capital modes of fiannacing is cost of equity.
Q: What is the monthly interest rate for a fixed interest rate of 12% per annum? Choices: 1% 12% ...
A: Annual Interest rate = 12%
Q: What is the Macaulay duration of a bond with a coupon of 5.8 percent, eleven years to maturity, and ...
A: The weighted average term to maturity of a bond's cash flows is known as the Macaulay duration. The ...
Q: 19. Firm X has a Return on Equity (ROE) equal to 10%, a total debt ratio equal to 0.6. If the firm h...
A: Note: Hi! Thank you for the question, as per the honour code, we are allowed to answer one question ...
Q: Company ABS’s Cash Conversion Cycle has 241.46 days while Company CBN has 194 days of CCC. Which com...
A: The cash conversion cycle depicts the movement of the cash from the investing period to the harvesti...
Q: is trend analysis helpful in analyzing ratio
A: Trend analysis the patterns going on within the industry in different ratios and help in comparison ...
Q: 11. In 2019, LSP company reported a net income of $57,000. They had reported earnings before interes...
A: Net income (EAT) = $57000 EBIT = $150,000 Tax rate = 40%
Q: What is the difference between a coupon rate, yield to maturity, and current yield? What is Fisher e...
A: Concept coupon rate, yield to maturity, and current yield All the above terms are associated with bo...
Q: PROBLEM 3: A P2 000 loan was originally made at 8% simple interest for 4 years . At the end of this ...
A: Loan (L) = P 2000 Simple interest rate for 4 years (r) = 8% Interest rate for 3 more years (6 semian...
Q: What is the owner's equity for the BlueDragon company for accounting period 2020? note: write the nu...
A: Solution:- Owner’s equity means the amount of funds contributed by the owners of the entity. In case...
Q: 1. Jefferson and Rio Morales are trying to decide on an account to help save for college for their n...
A: Since you have asked multiple questions, we will solve the first question for you. If you want any s...
Q: has a callable bond outstanding with a coupon of 10.8 percent, 25 years to maturity, call protection...
A: The return a bondholder will earn if the bond is held until the call date, which occurs before the b...
Q: Explain the mode of delivery in foreign contracts.
A: It is defined as the delivery as a part of the contract of trade between the seller and the buyer. ...
Q: Warren Buffett: How Most People Should Invest in 2021 explain the statement given
A: The statement was issued by Buffet in 2021 Berkshire Hathaway annual meeting. In the annual meeting ...
Q: 6. If EBIT equals $200,000 and interest expenses equals $30,000 and Tax rate is 50%. What is the net...
A: EBIT = $200,000 Interest expenses = $30,000 Tax rate = 50%
Q: You recently went to work for Allied Components Company, a supplier of auto repair parts used in the...
A: Here, Discount rate = 10% To Find: IRR of each project =? Payback Period =?
Q: Silver Inc. will be registering with SEC. Its incorporators was able to gather the following cost of...
A: The minimum rate of return a company will seek while investing in a project is the weighted average ...
Q: The price of a new car is $36,000. Assume that an individual makes a down payment of 25% toward the ...
A: The loan which is paid-off by making installment payments having two components as interest mount an...
Q: The investor would like to evaluate her position with respect to any gain or loss accrued on the for...
A: Forward Contract: It represents a contract that is customizable and is between two parties for the ...
Q: A 90-day put option for 10,000 ABC ordinary shares has an exercise price of 32 per share. The curren...
A: Exercise price is 32 per share Risk-free rate is 5% Market Value per share is 30 Total number of sha...
Q: Describe the potential costs and benefits of LBOs?
A: LBO is the acquisition method where the company used to use the borrowed money in order to acquire t...
Q: If money is worth 5% compounded semi-annually, find the present value of a sequence of 12 semi-annua...
A: Present value of sequence is value today considering the interest rate and the period of annuity and...
Q: An investor has a stock investment with a beta of 1.25. He was expecting to have the return on his s...
A: We need to use CAPM equation to calculate new expected rate of return. The equation is Expected rat...
Q: Bob Katz would like to save $250,000 over the next 25 years. If Bob knows today that he will be give...
A: Amount likely to be saved is $250,000 Interest rate is 4% Inheritance received in year -15 is $150,0...
Q: 34 Consider the asset structure A = where columns are assets and rows are 5 2 21 states of nature. C...
A: A = 3452 z = z1z2 Return (r) = 111
Q: has made the decision to finance next year’s capital projects through debt rather than additional eq...
A: Step 1 Taking out debt is nearly always a better alternative than putting your firm up for sale. By ...
Q: рауm parents agree to lend her money at an annual rate of 5%, charged as sir interest. They lend her...
A: Simple interest is plain simple and there is no interest on interest and so there is no compounding ...
Q: You can buy a carton of three 32-ounce bottles of shower cleaner on sale for $5.00. The 64-ounce "re...
A: Price of a carton of three 32-ounce bottles of shower cleaner = $ 5.00Price of 64-ounce "refill" siz...
Q: How does extence of rivalry among competitors in the banking sector affect the investment industry s...
A: The global financial crisis rekindled policymakers' and academics' interest in bank competition and ...
Q: 1. Although Mutual funds and Hedge funds are regulated, they are not traded on exchanges * O True O ...
A: Mutual funds and hedge funds are both managed portfolios made up of pooled money with the purpose of...
Q: If $10.000 is borrowed at 10% p.a. interest to be paid back over 10 annual installment, how much of ...
A: Loan is a value which is borrowed from external sources for a certain period of time. This amount is...
Q: A 5-year project will require an investment of $100 million. This comprises of plant and machinery w...
A: Cashflows means movement of cash it may be inflow or outflow. For the purposes of capital decision,...
Q: It is April, and Hans Anderson is planting his barley crop near Plunkett, Saskatchewan. He is concer...
A: In the given question we are given with the particulars about a barley crop of Hans Anderson. Given...
Q: 4. Compare the alternatives shown below on the basis of a present worth analysis, using an interest ...
A: Present worth is calculated by dividing the net of future cash outflows and inflows by the 1+r facto...
Q: REGULAR PAYMENT OF SIMPLE ORDINARY ANNUITY Eva obtained a loan fee of Php50,000 for the tuition of h...
A: This is a simple ordinary annuity. This means that the payments are being made at the end of every 6...
Q: An asset used in a four-year project falls in the five-year MACRS class (MACRS Table) for tax purpos...
A: To calculate the BV at the end of four years, we must first calculate the accumulated depreciation f...
At the end of one year, Angelique had $8,456 in her HSA. This year, she has used 75% of that amount to pay for medical expenses. She has also contributed $1,800 to the account, and she has earned $73 interest. How much is currently in her account?
Step by step
Solved in 2 steps
- In 2020, Mary and John Williams who are both over 65, married and file a joint return earned $29,408 in AGI. During the year they incurred the following expenses: Medical insurance premiums $1,600 Hospital bills 3,800 Medical care lodging (two people, two nights) 130 Doctor’s bills 1,200 Dentist bills 500 Prescription drugs and medicines 1,000 Psychological counseling 600 Marriage counseling 350 They also drove 150 miles for medical purposes and their insurance company…Lee Sutherlin is a self-employed electrical consultant. He estimates his annual net earnings at $38,200. How much Social Security and Medicare must he pay (in $) this year?On June 1, Mia deposited $3,800 in an MMDA that pays 4% interest. On October 31, Mia invested $2,700 in a three-month CD that pays 6%. At the end of the year, how much interest will Mia have earned, assuming she hasn't taken anything out of the money market deposit account? Assuming she hasn't taken anything out of the money market deposit account, the amount of interest Mia will have earned is? (Round to the nearest cent)
- Ryan invests $4400 in two different accounts, the first account paid 8%, the second account paid 14% in interest. At the end of the first year he had earned $436 in interest. How much was in each account?Sheila Spinney, a recent college graduate, receives a salary of $2976 each month. She pays (3)/(8) of this amount in taxes, social security, and a retirement plan. Of the remainder, (9)/(10) goes for basic living expenses. How much money remains?.Nancy is a widow with two teenage children. Nancy's gross income is 54200 per month, and taxes take about 22% of her income. Using the income method, Nancy calculates she will need to purchase about eight times her disposable income in life insurance to meet her needs. How much insurance should Nancy purchase?
- Jack paid $5,000 in daycare expenses for his five-year-old daughter so he could work. His AGI for the year was $37,500 (all earned income). What is the amount of his child and dependent care credit? Show your working!!At age 18, Marcia started depositing $2000 per year at the end of each year into an account earning 12% annually. She did this for 8 years and then stopped. After that, she left the money in the account and it continued earning 12% interest compounded annually. How much money did she have at age 65?Ed and Marta are paid $2 comma 410 after taxes every month. Monthly expenses include $777 on housing and utilities, $395 for auto loans, $164 on food, and an average of $713 on clothing and other variable expenses. Assuming that they save excess funds, calculate and interpret their savings ratio. Hint: Prepare an income statement, and then compute the ratio.
- Tony is a 45-year-old self-employed psychiatrist who has net earned income of $300,000 in 2018. What is the maximum amount he can contribute to his SEP for the year?$Luna, a self-employed accountant, currently earns $100,000 annually. Luna has been able to save 18% of her annual Schedule C net income. Assume that Luna paid $11,000 in Social Security taxes, and that she plans to pay off her mortgage at retirement, thereby relieving her of her only debt. Luna presently pays $1,500 per month toward the mortgage principal and interest. Based on the information provided herein, what do you expect Luna's wage replacement ratio to be at retirement? Question 2 options: a. 49% b. 53% c. 59% d. 63%Helen contributed $500 at the end of every month for the past 5 years into an RRSP account, earning 3.8% p.a. compounded quarterly. If she leaves the accumulated contributions for another 4 years in the RRSP at the same rate of interest How much will Helen have in total in her RRSP account? How much did she contribute? How much will be the interest?