Compute hourly rate to cover cost of each financial adviser

Assignment Help Financial Accounting

Reference no: EM13127241

Complete Problem 12.1 on page 218-219 of the course text (solution is on page 487). Next work the problem again using the following variables: Average salary is 85,000£; national insurance is 12%; pension contribution is 3%; there are two weeks of vacation; 5 days of holidays; and chargeable hours are 40 per week with administrative time taken from family time. Calculate the hourly rate to cover the cost of each financial adviser.

Reference no: EM13127241

Questions Cloud

What is the osmotic pressure of a solution : What is the osmotic pressure of a solution that contains 4.26 ×10-3 moles of lactose in 111 mL of solution at 29C?

Find probability that fifteen experienced hair growth : A random sample of 20 users is obtained. Using the Binomial Probability Distribution, determine the following probabilities?

Calculate the amount of each payment : Jason borrows $50000 from his father and promises to pay it back over the next 10 yrs making equal annual end of the year payment .Calculate the amount of each payment if the annual interest rate is 9%.

Process capability analysis : You are the process improvement manager and have developed a new machine to cut insoles for the company's top-of-the-line running shoes.

Compute hourly rate to cover cost of each financial adviser : chargeable hours are 40 per week with administrative time taken from family time. Compute the hourly rate to cover the cost of each financial adviser.

Weighted average shares outstanding : The common stock equivalents added to the company's weighted average shares outstanding used for basic earnings per share was computed using the treasury stock methods.

Find how many distinguishable arrangements are there : Line up for a family photo, with the condition that the youngest child is in the centre, how many distinguishable arrangements are there?

Chemical engineering forum : In message board they do have student forum. Student can ask any question and they will get the reply right away. They also have Spanish forum, Industrial professions,Refining, Hydrocarbons and gas forum, Energy's future,Relief Device forum.

Essay in revision : when considering the whole essay in revision, how do you understand FACT? What is your definition of each of the letters of this revision strategy?

User Account

All Pages