How much income did she lose

Assignment Help Accounting Basics
Reference no: EM133114288

Question - Julie Rios has take-home pay of $4,640 per month and a disability insurance policy that replaces 60 percent of earnings after a? 90-day (3-month) waiting period. She has accumulated 80 sick days at work. Julie was involved in an auto accident and was out of work for four months. How much income did she lose, and how much would be replaced by her disability policy? How else could she replace her lost earnings? If after four months Julie could only return to work half-time for an additional three months due to continuing physical therapy, how might she benefit from a residual benefits clause? How much will she receive in disability benefits for this period?

Reference no: EM133114288

Questions Cloud

How much is the cost of the intangible asset : Borrowing costs arising specifically from the funds borrowed for generation of the trademark 10,000. How much is the cost of the intangible asset
Determine the company cash conversion cycle : Assume that you have been engaged by Honeybee Company as a Finance Executive. The company is currently facing a problem in managing its working capital efficien
Calculate the duration of the bond : Calculate the duration of the bond using the MDuration function in Excel and verify you get the same number as in step b
Calculate and enter the amount of change in operating profit : Montville had 2 400 customers in 2019 and 2 500 customers in 2020. Calculate and enter the amount of change in operating profit due to growth
How much income did she lose : How much income did she lose, and how much would be replaced by her disability policy? How else could she replace her lost earnings
The obligation of decision makers to take actions : The obligation of decision makers to take actions which protect and improve the welfare of society as a whole along with their own interests.
What does the nuremberg code describe : When you involve human participants in any scientific research, what obligations do you have and What are the four basic ethical principles guiding research
Determine the accounts receivable turnover for each company : Amazon and Best Buy compete in similar markets; Determine the accounts receivable turnover for each company
Marketing and sales executive : Rachel earns $100,000 a year as a marketing and sales executive. She is 48 years old and single. She is interested in saving for her eventual retirement. Which

Reviews

Write a Review

Accounting Basics Questions & Answers

  Discuss what should be the required initial investment

What should be the required initial investment at the beginning of the first year if the fund earns 11%

  What is the effect on a company cash flows

What is the effect on a company's cash flows and reported profit from accounting for an investment as a trading security as compared to accounting

  Record the consolidating entry on december

Paragraph Corporation purchased land on January 1, 20X1, for $20,500. Record the consolidating entry on December 31, 20X4

  Calculate present value

Calculate the amount that would have been used if the operating leases were treated like capital leases, calculate present value

  What is purpose of an income statement for retail business

What is the purpose of an income statement for a retail business? Which statement format do you choose

  Determine the owner equity

Shannon Cook is the owner and operator Of Galaxy LLCO a motivational consulting business. At the end Of its accounting period, December 31, 2011.

  An investment banker is analyzing tow companies that

an investment banker is analyzing tow companies that specialize in production and sales of candied apples. old fashio

  Compute the static budget variances and the

the systems consulting department of johnson swimwear designsdata collecting encoding and reporting systems to fit the

  How does journal entry looks like for the sales transaction

How does the journal entry looks like if a company sold something with less price than the expected value? For example, company A bought a car for 100,000.

  What is the present value of the car payments

If the discount annual rate is 3.76 percent compounded monthly, what is the present value of the car payments

  What is rex capital balance after closing the revenue

What is Rex's capital balance after closing the revenue and expense accounts to the capital accounts

  Compute JAX earnings per share

During the year, JAX declared and paid preferred dividends of $11,680. Compute JAX's earnings per share

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd