Homework Answers
Percentage Increase is given by :
(Increase / Original Number) x 100.
Here,
Original salary is 
.
Increased salary is 
.
Increase will be 
.
Putting these figures in the above given formula we get,
%
which is approximately equal to 
%
Therefore, the correct answer is second. Salary is increased by 8.14%.
Add Answer to:
Question 12 An employee's salary changed from AED 182,160 to AED 196,980. What is the percent...
Thomas, Inc.'s return on equity is 12 12 percent and management has plans to retain 24...
Thomas, Inc.'s return on equity is 12 12 percent and management has plans to retain 24 24 percent of earnings for investment in the company. a. What will be the company's growth rate? b. How would the growth rate change if management (i) increased retained earnings to 35 35 percent or (ii) decreased retention to 15 15 percent? a. The company's growth rate will be 2.88 2.88 %. (Round to two decimal places.) b. (i) If management increased retained earnings...
(Measuring growth) Thomas, Inc.'s return on equity is 19 percent and management has plans to retain...
(Measuring growth) Thomas, Inc.'s return on equity is 19 percent and management has plans to retain 23 percent of earnings for investment in the company. a. What will be the company's growth rate? b. How would the growth rate change if management (1) increased retained earnings to 32 percent or (ii) decreased retention to 12 percent? a. The company's growth rate will be %. (Round to two decimal places.) b.) If management increased retained earnings to 32%, the growth rate...
In 2014, Nitai contributes 10 percent of his $102,000 annual salary to a Roth 401 (k)...
In 2014, Nitai contributes 10 percent of his $102,000 annual salary to a Roth 401 (k) account sponsored by his employer, AY Inc. AY Inc. matches employee contributions dollar for dollar up to 10 percent of the employee's salary to the employee's traditional 401(k) account. Nitai expects to earn a 8 percent before-tax rate of return Assuming he leaves his contributions in the Roth 401 (k) and traditional 401 (k) accounts until he retires in 25 years, what are Nitai's...
Which of the following are withheld from an employee's salary? 1. FICA taxes. II. Federal and...
Which of the following are withheld from an employee's salary? 1. FICA taxes. II. Federal and state unemployment taxes. III. Federal and state income taxes. IV. Employee portion of health insurance. Multiple Choice I, II, and IV I, III, and IV I and IV il and in Suppose a college football coach makes a base salary of $2,400,000 a year ($200,000 per month). Employers are required to withhold a 6.2% Social Security tax up to a maximum base amount and...
Suppose you buy a 7.6 percent coupon bond today for $1,070. The bond has 12 years...
Suppose you buy a 7.6 percent coupon bond today for $1,070. The bond has 12 years to maturity. a. What rate of return do you expect to earn on your investment? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.) Rate of return % b. Two years from now, the YTM on your bond has increased by 2 percent, and you decide to...
Percent Change Problem: John's salary grew from $20,000 in 2015 to $28,000 in 2018. Mary's salary...
Percent Change Problem: John's salary grew from $20,000 in 2015 to $28,000 in 2018. Mary's salary grew from $25,000 to $35,000 in the same period. Whose salary grew more in absolute (total) terms? Whose salary had the greatest average rate of change? Whose salary grew more in relative (per cent) terms? Write a paragraph interpreting your results.
In 2018, Nitai (age 40) contributes 8 percent of his $122,000 annual salary to a Roth...
In 2018, Nitai (age 40) contributes 8 percent of his $122,000 annual salary to a Roth 401(k) account sponsored by his employer, AY Inc AY Inc. matches employee contributions to the employee's traditional 401(k) account dollar-for-dollar up to 8 percent of the employee's salary. Nitai expects to earn a 8 percent before-tax rate of return Assume he leaves the contributions in the Roth 401(k) and traditional 401(k) accounts until he retires in 20 years and that he makes no additional...
Upon graduating from college, you make an annual salary of $47,892. You set a goal to...
Upon graduating from college, you make an annual salary of $47,892. You set a goal to double it in the future. If your salary increases at an average annual rate of 6.57 percent, how long will it take to reach your goal? Round the answer to two decimal places.
Upon graduating from college, you make an annual salary of $95,798. You set a goal to...
Upon graduating from college, you make an annual salary of $95,798. You set a goal to double it in the future. If your salary increases at an average annual rate of 8.32 percent, how long will it take to reach your goal? Round the answer to two decimal places
Upon graduating from college, you make an annual salary of $85,585. You set a goal to...
Upon graduating from college, you make an annual salary of $85,585. You set a goal to double it in the future. If your salary increases at an average annual rate of 8.62 percent, how long will it take to reach your goal? Round the answer to two decimal places.
(Measuring growth) Thomas, Inc.'s return on equity is 19 percent and management has plans to retain 23 percent of earnings for investment in the company. a. What will be the company's growth rate? b. How would the growth rate change if management (1) increased retained earnings to 32 percent or (ii) decreased retention to 12 percent? a. The company's growth rate will be %. (Round to two decimal places.) b.) If management increased retained earnings to 32%, the growth rate...
In 2014, Nitai contributes 10 percent of his $102,000 annual salary to a Roth 401 (k) account sponsored by his employer, AY Inc. AY Inc. matches employee contributions dollar for dollar up to 10 percent of the employee's salary to the employee's traditional 401(k) account. Nitai expects to earn a 8 percent before-tax rate of return Assuming he leaves his contributions in the Roth 401 (k) and traditional 401 (k) accounts until he retires in 25 years, what are Nitai's...
Which of the following are withheld from an employee's salary? 1. FICA taxes. II. Federal and state unemployment taxes. III. Federal and state income taxes. IV. Employee portion of health insurance. Multiple Choice I, II, and IV I, III, and IV I and IV il and in Suppose a college football coach makes a base salary of $2,400,000 a year ($200,000 per month). Employers are required to withhold a 6.2% Social Security tax up to a maximum base amount and...
Percent Change Problem: John's salary grew from $20,000 in 2015 to $28,000 in 2018. Mary's salary grew from $25,000 to $35,000 in the same period. Whose salary grew more in absolute (total) terms? Whose salary had the greatest average rate of change? Whose salary grew more in relative (per cent) terms? Write a paragraph interpreting your results.
In 2018, Nitai (age 40) contributes 8 percent of his $122,000 annual salary to a Roth 401(k) account sponsored by his employer, AY Inc AY Inc. matches employee contributions to the employee's traditional 401(k) account dollar-for-dollar up to 8 percent of the employee's salary. Nitai expects to earn a 8 percent before-tax rate of return Assume he leaves the contributions in the Roth 401(k) and traditional 401(k) accounts until he retires in 20 years and that he makes no additional...
Upon graduating from college, you make an annual salary of $95,798. You set a goal to double it in the future. If your salary increases at an average annual rate of 8.32 percent, how long will it take to reach your goal? Round the answer to two decimal places
Most questions answered within 3 hours.
-
Hows does water affect the digestion of fats ?
asked 1 hour ago -
A buffer that contains 0.41 M of a base, B and 0.21 M of its
conjugate...
asked 1 hour ago -
Pleaaaaaaaasssssse help me please please it's more important
:((((((((((((((((((((
CASE STUDY
Nissan Company
Nissan Motor Company,...
asked 2 hours ago -
Calculate the concentration of hydronium and hyroxide ions in 1)
2.0 mol/L HNO3 2) 0.5 mol/L...
asked 2 hours ago -
In a loop-the-loop ride a car goes around a vertical, circular
loop at a constant speed....
asked 2 hours ago -
50 grams each of water (18.015 g/mol) and ethylene glycol
(C2H6O2) (62.07 g/mol) are mixed. At...
asked 2 hours ago -
The life expectancy of sport utility vehicles follows a normal
distribution with a mean of 145.8...
asked 2 hours ago -
If an object with mass of 5 kg is pushed with a force of 552 N,...
asked 2 hours ago -
Suppose your program already has a list called nums, which
contains several numbers. Write a for...
asked 2 hours ago -
A spherical shell with a finite thickness just barely floats in
water. If the shell is...
asked 2 hours ago -
Explain in detail whether the following is true or false:
Total factor productivity will rise only...
asked 2 hours ago -
A firm pays a $2.50 dividend at the end of year one
(D1), has a stock...
asked 2 hours ago