Shopping Cart
Your shopping cart is empty!
Categories
BUSN 380 Week 2 Problem Set 2
$6.00

BUSN 380 Week 2 Problem Set 2

This Tutorial was purchased 2 times & rated No rating by student like you.

 

This Tutorial contains following Attachments

  • BUSN 380 Week 2 Problem Set 2.docx

TCO 2 - Problem Set 2 - Tax Fundamentals; Cash Management; Distinctions among Financial Institutions

 

1. Thomas Franklin arrived at the following tax information:

Gross salary, $46,660 

Interest earnings, $225

Dividend income, $80

One personal exemption, $3,400

Itemized deductions, $7,820

Adjustments to income, $1,150

What amount would Thomas report as taxable income?

2.  What would be the net annual cost of the following checking account?  

Monthly fee, $3.75; 

Processing fee, 25 cents per check; 

Checks written, an average of 22 a month.

 

3. What would be the average tax rate for a person who paid taxes of $4,864.14 on a taxable income of $39,870? 

 

4.   A payday loan company charges 4 percent interest for a two-week period.  What would be the annual interest rate from that company? 

5. What is the annual opportunity cost of a checking account that requires a $350 minimum balance to avoid service charges? Assume an interest rate of 6.5 percent. 

Write a review

Order Id


Order Id will be kept Confidential
Your Name:


Your Review:
Rating:   A   B   C   D   F  

Enter the code in the box below:



Related Tutorials
$6.00

This Tutorial was purchased 4 times & rated A+ by student like you.

This Tutorial contains 2 Projects   In this assignment, we will learn how to buy a car and figure out whether it is priced at or below market value. F..
$6.00

This Tutorial was purchased 5 times & rated A+ by student like you.

This Tutorial contains 2 Papers     SCENARIO Scenario Summary After a number of years of planning, you have made the decision to evaluate the potential purchase&n..
$6.00

This Tutorial was purchased 3 times & rated No rating by student like you.

This Tutorial contains 2 Projects   Using your income from your current job or using income from a future job that you are planning on having after graduating&..
$6.00

This Tutorial was purchased 1 times & rated No rating by student like you.

1. (TCOs 6 and 7) The Capitalist Mutual Fund's portfolio is valued at $48 million. The fund has liabilities of $4 million, and the investment company sponsoring t..
$6.00

This Tutorial was purchased 2 times & rated No rating by student like you.

1. (TCO 4) If a home inspection reveals defective house wiring, then this is an example of a (Points : 1)          threat.    &nb..
$6.00

This Tutorial was purchased 2 times & rated No rating by student like you.

Question 1. 1. (TCO 1) _____ is the first phase of the consumer buying process. (Points : 1)          Gathering information      ..
$6.00

This Tutorial was purchased 3 times & rated A by student like you.

1. (TCO 5) Which of the following statements is false?  No one is going to make you save the money; you need to start a program. To be useful, invest..
$6.00

This Tutorial was purchased 2 times & rated No rating by student like you.

Question 1. 1. (TCO 5) If an investment objective is short term, this means that the goal should be achieved in what time frame?         L..
$6.00

This Tutorial was purchased 2 times & rated No rating by student like you.

Question 1. Question : (TCO 5) Which of the following statements is false?   No one is going to make you save the money; you need to start a program. To&nb..
$6.00

This Tutorial was purchased 2 times & rated No rating by student like you.

1. _____ is a good example of a closed-end credit.        A credit card issued by a department store        A credit card is..
$6.00

This Tutorial was purchased 2 times & rated A by student like you.

1. (TCO 3) _____ is a good example of a closed-end credit.          A credit card issued by a department store        &..
$6.00

This Tutorial was purchased 2 times & rated No rating by student like you.

Question 1. Question : (TCO 3) Examples of _____ include automobile and installment loans for purchasing furniture or appliances.   a line of credit  a credit card l..
$6.00

This Tutorial was purchased 2 times & rated No rating by student like you.

Question 1. (TCO 2) In order to best compare the earnings for different savings plans, one can refer to each plan's         discounted present ..
$6.00

This Tutorial was purchased 2 times & rated No rating by student like you.

Question 1. 1. (TCO 2) This type of tax is assessed on specific goods and services at the time of purchase.          Estate    &n..
$6.00

This Tutorial was purchased 2 times & rated No rating by student like you.

BUSN 380 Week 1 Quiz Set 2   The danger of lost buying power during times of rising prices is referred to as  inflation risk. economic risk. personal ri..
$6.00

This Tutorial was purchased 2 times & rated B+ by student like you.

BUSN 380 Week 1 Quiz Set 1   Question 1. Question : (TCO 1) When a person faces a trade-off and must give up something by making a choice,  this is&nb..
$6.00

This Tutorial was purchased 2 times & rated No rating by student like you.

Problem Set 7   1.    Calculating Net Asset Value. Given the information below, calculate the net asset value for the Boston Equity mutual fund. ..
$6.00

This Tutorial was purchased 2 times & rated No rating by student like you.

Problem Set 6   1. For each of the following situations, what amount would the insurance company pay? a. Wind damage of $835; the insured has $500 deductible. b. Thef..
$6.00

This Tutorial was purchased 2 times & rated A by student like you.

Problem Set 5    1. Tammy Monahan is considering the purchase of a home entertainment center. The product attributes and weights she plans to consider are: portabili..
$6.00

This Tutorial was purchased 2 times & rated A by student like you.

1. Determining Profit or Loss from an Investment.  Three years ago, you purchased 150 shares of IBM stock for $88 a share.  Today, you sold your IBM sto..
Busn380Study © 2017 All Rights Reserved.Powered by:Webzindagi.