Two Math Questions Problem 2. The following data are taken from the employment records between ages 58 and 59 of 1000 pension plan members. The possible decrements from active employment (State 0) are by early retirement (State 1), transfer to another position (State 2) or death in service (State 3). You are give. Total waiting […]
How much federal income tax could Max save (or pay additional) in 2022 if he had converted LS from a sole proprietorship to a C Corp?
Excel in company analytic. Max opened Learning Smart (LS) as a sole proprietorship, providing online education to school-age kids, specializing in art and STEM. Business has been booming since started. In 2022, he provided the following financial information relating to his business. LS is using accrual method of accounting. Financial Information: During the year, LS […]
Provide a good illustration of how businesses should adhere to accounting principles and assumptions, as discussed on slide 16 of Chapter 1.
ASSIGNMENT Instructions – READ THEM CAREFULLY The Assignment must be submitted on Blackboard (WORD format only) via allocated folder. Assignments submitted through email will not be accepted. Students are advised to make their work clear and well presented; marks may be reduced for poor presentation. This includes filling your information on the cover page. Students […]
If the interest rate charged by the Eastside Bank increases to j 12 = 5.52% p.a. immediately after Lee and Kim’s 20 th payment, determine how many more payments it will take to pay off the loan, assuming that Lee and Kim don’t change their payment size.
MODULE 1 – TOPIC 1 (MATHEMATICS OF FINANCE ) QUESTION 1Weight: This question is worth 23 marks out of 100. On the first of May 2015 Lee and Kim borrowed $250,000 from the Eastside Bank in order to buy an apartment. The loan was to be repaid through 180 monthly payments over a period of […]
Describe the reasons why a peril may be considered uninsurable and therefore excluded from insurance contracts.
Answer the following thoroughly with support from the textbook (and further support with external research). Be sure to format your paper double spaced APA formatted while appropriately citing external sources and the textbook within and at the end of your work. Your work should be minimally two full pages of content (not counting works cited […]