User Account

All Pages

Price of goods could fall anytime

Assignment Help Business Management
Reference no: EM133103492

Sage & Time Ltd 'is a small financial consulting company with about 100 employees scattered across the UK, all working from home. Table 1 shows informthe ation on pay and tax for selected employees of the company living in Scotland and in England.

Employee

Residence

Gross pay (£)

Pay after income tax and National Insurance (£)

Average total tax rate (%)

Sally

England

63,500

 

 

Karim

Scotland

63,500

43,836.49

30.97

Maria

England

31,600

25,150.16

20.41

Thor

Scotland

31,600

 

 

Jamie

England

20,300

17,466.16

13.96

Liz

Scotland

20,300

17,487.13

13.86

1.3 Liz's line manager has agreed that Liz's net pay will increase to £18,560 three years later (in 2024/25). Over these three years, inflation is predicted to average 2% per year. Using the Inflation calculator, select and report the relevant result from your calculation to help you explain whether in 2024/25 Liz is likely to enjoy a standard of living that is higher, lower or the same as today. 

Based on an inflation rate of 2% per year, in 3 years time, the estimated value of 19,000 savings in today's term might be 17,904.12. However, please take note that the price of goods could fall anytime

Reference no: EM133103492

Questions Cloud

Develop a service-flow analysis for service : 1. Develop a service-flow analysis for some service that you use frequently, such as buying lunch at a cafeteria, having your hair cut, or riding a bus. Identif
Term leadership and ethics : Provide a more complete understanding of the term. Look to synthesize your research on the term into your own definition.
Company level of organizational excellence : Analyze the company you chose and estimate the company's level of organizational excellence according to the criteria of the Baldridge Award to the best of your
Finance works in the business of healthcare : In this week's lesson we will highlight how the various elements of finance fit together and finance works in the business of healthcare. The real key to unders
Price of goods could fall anytime : Sage & Time Ltd 'is a small financial consulting company with about 100 employees scattered across the UK, all working from home. Table 1 shows informthe ation
High selections of transport modes : Railway is one of the high selections of transport modes in transporting people and goods.
Crossroads high school class of 1985 : The Crossroads High School (CHS) Class of 1985 is planning its 25th reunion next year. The organizing group has so far sent out two surveys about time and place
Discuss your thought process as new leader : Discuss your thought process as a new leader. After studying several theories, which theory will you employ in your leadership practice?
Debate over the ratification of the constitution : There was much debate over the ratification of the Constitution. Choose either Federalist or anti-Federalist position and argue the legitimacy of Constitution

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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