Cathi needs to cover $4,500 per m to generate per month in order tha O $4,500 O $6,924 O $6,075 O $1.575 O $12,858 personal living expenses with the profits from her business Approximately how much profit does Cathr's business need "take home" the $4,500 per month she needs to cover her personal expenses of Cathi's estimated tax rate is 35%?
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- Anna has the following income for the quarter: a. Professional income P80,000 b. Income from her business P30,000 c. Compensation income P40,000 d. Interest income from bank deposit P10,000. 1. What amount of income will Anna report in her quarterly income tax return? a. P80,000 b. P110,000 c. P120,000 d. P150,000 2. If Anna, opted to use 8% rate, how much is her income tax due in her quarterly ITR? a. P6,400 b. P8,800 c. P9,600 d. P12,000Accounting Henry makes $13.67/hr. at his job and he normally works 43 hours per week. His expenses each month are $940/month for rent, $529.26/month for utilities, and $410/month for food and clothing. He wants to buy a car, but the payments are $382.74/month. If Henry pays 15% of his income to taxes and insurance, can he afford this new car? Give your answer as the amount of money left after the car payment is added or give a negative number of the money he earns is not enough. Assume a month is 4 weeks. Round to the nearest cent.K Estimating the Opportunity Cost. Julia brings home $1,790 per month after taxes Julia's rent is $366 per month, her utilities are 597 per month, and her car payment is $260 per month. Julia is currently paying $231 per month to her orthodontist for her braces Julia's groceries cost $30 per week and she estimates her other expenses to be $167 per month As a result, she has $517 left each month to put toward savings to reach her financial goals Julia is considering trading in her car for a new one Her new car payment will be $348 per month, and her insurance cost will increase by $57 per month Julia determines that her other car-related expenses (gas, oll) will stay about the same. What is the opportunity cost if Julia purchases the new car? The opportunity cost if Julia purchases the new car is 5 (Round to the nearest dollar)
- Sarah just started a new job. Her employer has a 401k match of 75% up to 6% of her gross salary Sara's gross income is $55,000. She contributes $2.500 of her gross income to the 401k every year. How much free money is she missing out on? $800 $600 $3,000 $6.000Jeremy has a monthly income of $2,000. His payment-to- income ratio is 1/4 or 25%. How much is his monthly payment? $500 $1,000 $8,000 $250Direction: Solve the following problems and show your complete solution. 1. Aina, who works in an accounting firm, earns a monthly salary of P35,000 per month and also receives P3,500 for a monthly allowance. Her monthly contributions are as follows: P1,466 for income tax, P300 for PhilHealth, P800 for SSS, and P100 for Pag-IBIG. Find her gross and net income for this month. salary of basic salary of P3 2. Cathy, a police officer, gets a basic P39,000 a month, monthly allowance of P2,000 and a hazard pay of P2,500. Find her annual gross income.
- Sam owns a yogurt drink van. She is buying yogurt from a supplier for £0.50 per bottle and sells for £0.60 per bottle. This is the only product Sam sells. Sam pays £100 for insurance per week and she takes a salary of £100 per week. Assume Sam has no other costs to cover. What is the contribution per unit? 0 0 0 0 A. 50p O B. 60p O C. 10p O D zeroTamara works for FunCorp. She makes $65,000 per year in salary. How much does she pay in FICA taxes for the year? $4,030.00 O $4,972.50 O $8,060.00 O $9,945.00Q- if Russell's annual earnings are $47500, what is his semi-monthly pay, rounded to the nearest dollar? Q- Danya is in grade 12 and works weekends and after school as a cashier at the dollar store, earing $17.00/h. She works an average of 27 hours per week. Her average bi-weekly pay, rounded to the nearst dollar is?
- Alex makes $20 an hour as a dental assistant. She works 8 hours per day, and 80 hours on each paycheck. How much does Alex make, before taxes, on each paycheck? 1. What is the question asking you to find? Options choice: • How much Alex makes, before taxes, per paycheck. • How much Alex makes, before taxes, per hour. • How much Alex makes, before taxes, per week. •How much Alex makes, before taxes, per day. 2. Does the story problem gives you any information you do not need to solve the problem? If so, explain how you know the information is not needed. 3. How much will Alex make, before taxes, on her next paycheck?4. Do your best to explain why the size of the number you got makes sense. Just imagine that someone challenged your answer, and you wanted to convince them it was correct. Complete the following sentence: The answer I got makes sense because ______________.Need help with these 2 questions 6- if Jocelyns annual earnings are $72600, what is her rounded monthly pay, rounded to the nearest dollar. 8- Danya is in grade 12 and works weekends and after school as a cashier at a dollar store, earning 17.00/h. She works an average of 27 hours per week. Her average bi-weekly pay, rounded to the nearest dollar is?Timothy Mother Ms. Parker find out her Monthly Rent is $496.00 every month but she owes $13,842.00 but she gonna got $6,000 save up in the bank how much more she post to take out to add up to that amount?
