1. Johnson decides to put 5% of his salary into his retirement plan in addition to the amount put into the plan by his employer. Find the total annual contribution into the retirement plan. 1. 2. Johnson decides to invest his retirement funds in a mutual fund with global stocks that he hopes will yield 8% per year. Find the future value in his account after 12 years. 2. 3. Assume the Mayo Clinic has exactly 55,000 employees and that the average salary per per- son including physicians is $87,300 per year, which includes the cost of health insurance paid by the emplover. Estimate the annual pavroll. 3.

David works for Wool garments company as a production manager. He often participates in the annual budgeting process of the company. David is requested by the Chief Executive Officer Linda to submit his department’s budgeted production for the following year. Linda reviews and typically adds 10 percent to the production budget provide by David. The new amount becomes David’s target production level for the following year. David can receive a cash bonus if his department exceeds the projected production level. 3. Suggest what should be done to prevent a manager from providing inaccurate budgets which can easily achieved.

Jack, a stockbroker, was an inexperienced in tax. He has sought the advice of an independent designated tax professional to advise him on tax planning and tax shelter that he needs. Simon, who is a designated accountant who specialized in those areas, advised Jack to invest in a number of multiple unit residential building (MURBs), a real estate investment project as tax shelter, by the conventional wisdom, were safe and conservative. When the value of MURBs fell during a decline in the real estate market, Jack lost heavily in his investment. Though the advice was perfectly sound at the time it was given, but unknown to Jack, Simon was also acting as adviser for developers in restructuring the MURBs and did not disclose that fact to Jack.  In the context of breach of contract, is Jack liable for the loss of investment? In the context of breach of fiduciary duty, is Jack liable as well? Does ethics issue involve? Please state your reasons.   Mr. Hunt, who has just retired, set up an…

Mishap has a gross income of $43,360. She owns a condominium and donates to charity, but there's no way her tax deductible expenses come close to the standard deduction of $12,000. During a cold snap in the winter she donates an extra $500 to the local homeless shelter, a registered charity. How much will this donation save her on her taxes?

Gross profit from following income statement

The purpose of this assignment is to evaluate the impact of a financial analysis on administrative decisions in a health care organization. Review Northwestern Memorial HealthCare's "Consolidated Financial Report" (Years Ended August 31, 2019 and 2018), and answer the following prompts.   Discuss the importance of and need for a financial analysis within a health care organization.   Explain the relationship between a health care organization's financial plan and debt policy to its strategic plan.   Assess the financial position of Northwestern Memorial HealthCare in 2019 as compared to 2018.   Give specific examples of areas where improvement is needed or areas that should be of concern in terms of financial viability.   Based upon these observations, make recommendations that management should consider from a strategic standpoint (i.e., strategic budgeting methods).

Jack, a stockbroker, was an inexperienced in tax. He has sought the advice of an independent designated tax professional to advise him on tax planning and tax shelter that he needs. Simon, who is a designated accountant who specialized in those areas, advised Jack to invest in a number of multiple unit residential building (MURBs), a real estate investment project as tax shelter, by the conventional wisdom, were safe and conservative. When the value of MURBs fell during a decline in the real estate market, Jack lost heavily in his investment. Though the advice was perfectly sound at the time it was given, but unknown to Jack, Simon was also acting as adviser for developers in restructuring the MURBs and did not disclose that fact to Jack.   In the context of breach of contract, is Jack liable for the loss of investment? In the context of breach of fiduciary duty, is Jack liable as well? Does ethics issue involve? Please state your reasons.   Mr. Hunt, who has just retired, set up an…

Subject: acounting

Current liabilities Total assets Retained earnings The following data are for the A, B, and C Companies: Variables Current assets A $150,000 $ 60,000 $300,000 Company B $170,000 $ 50,000 $280,000 C $180,000 $ 30,000 $250,000 $ 60,000 $ 80,000 $ 90,000 Earnings before interest and taxes $ 70,000 $ 60,000 $ 50,000 Market price per share $ 20.00 $ 18.75 $ 16.50 Number of shares outstanding 9,000 9,000 9,000 Book value of total debt Sales $ 30,000 $430,000 $ 50,000 $ 80,000 $400,000 $200,000 REQUIRED: A. B. Using MS Excel, compute the Z score for each company. According to the Altman model, which of these firms is most likely to experience financial failure?

29) Which of the following Capital Budgeting Method used to calculate using the condition of NPV being 0 for a project? a. None of the options b. Internal Rate of Return c. Accounting Rate of Return d. Payback period