The flexible benefits account

Assignment Help Financial Management
Reference no: EM13722235

Rosa’s employer has instituted a flexible benefits program. Rosa will use the plan to pay for her daughter’s dental expenses and other medical expenses that are not covered by health insurance. Rosa is in the 28% marginal tax bracket and estimates that the medical and dental expenses not covered by health insurance will be within the range of $4,000 to $5,000. her employer’s plan permits her to set aside as much as $5,000 in the flexible benefits account. Rosa does not itemize her deductions.

Reference no: EM13722235

Questions Cloud

What is futons abnormal rate of return : Analysis of 60 monthly rates of return on United Futon common stock indicates a beta of 1.58 and an alpha of –0.33% per month. A month later, the market is up by 6.3%, and United Futon is up by 7.3%. What is Futon’s abnormal rate of return?
Discuss the company''s corporate strategy : Discuss the company's corporate strategy and explain what business the organization is in or wants to be in. Describe your growth objectives for this organization.
Accounts receivable turnover and inventory turnover : Jim Short's Company makes clothing for schools. Sales in 2013 were $4,820,000. Assets were as follows: Cash ($163,000), Accounts receivables ($889,000) Inventory ($411,000) Net equipment ($520,000) Total assets ($1,983,000):
Create a draft of your written proposal : You will utilize the Written Proposal template to create your Written Proposal draft. Enter the requested information on the title page where indicated.
The flexible benefits account : Rosa’s employer has instituted a flexible benefits program. Rosa will use the plan to pay for her daughter’s dental expenses and other medical expenses that are not covered by health insurance. Rosa is in the 28% marginal tax bracket and estimates th..
Calculate her commission on the sale : Mary works as a full-service broker at a firm that charges $75 a trade plus 10 cents per share for the broker's services. Calculate her commission on the sale of 700 shares of stock at $26 per share.
Calculate kevins return-what is the current yield on bond : Kevin purchases 100 shares of Coca- Cola at $42.40 a share in January. The company paid a dividend of .25 per share and he sells the stock after a year for $43.00 a share. Calculate Kevin's return. A technology company has total liabilities of $60,00..
Write two operation management challenges : Analyze how operation management activities affect the customer experience. Select two operation management challenges and provide the solutions for confronting them.
How much of this judgment would the insurance cover : Becky Fenton has 20/40/15 automobile insurance coverage. If two other people are awarded $37,000 each for injuries in an auto accident in which Becky was judged at fault, how much of this judgment would the insurance cover?

Reviews

Write a Review

Financial Management Questions & Answers

  Kti you expect kt industries kti will have earnings per

you expect kt industries kti will have earnings per share of 3 this year and expect that they will pay out 1.50 of

  What would the new debt ratio

What would the new debt ratio be if the machine were leased? If it is purchased?c. Is the financial risk of the business different under the two acquisition alternatives?

  Wall street journal assignment on international financeuse

wall street journal assignment on international financeuse a recent issue of the wsj and go to the currencies table to

  Capital budget methods

What is the project's NPV?

  Abc analysis

nternal customers in organizations, Distribution resource planning (DRP), Electronic data interchange (EDI), Stocktaking, inventory policy, Shelf life of products, Limited storage space

  Explain a trend assesment of the company financial statement

Want to compare my stats with a financial professional. Draft a trend assesment of the company financial statements. (My company is Amgen, the biopharmaceutical company).

  A rational investor be indifferent between the banks

Even if the five banks provided the same effective annual rate, would a rational investor be indifferent between the banks? Explain.

  Compute the black-scholes price for a call

Compute the Black-Scholes price for a call option with a strike price of $120, ?rst for a maturity of one year, and then for a variety of very long times to maturity.

  Explain net income and cash flow from operations

Discuss the relationship between net income and cash flow from operations and between cash flows from operation investing, and financing activities for the firm over the three year period.

  Determine the modified internal rate of return for project

Determine the modified internal rate of return for a project that costs $75,000 and would yield after-tax cash flows of $12,000 the first year, $14,000 the second year, $17,000 the third year, $19,000 the fourth year, -$23,000 the fifth year, and $29..

  What is the value for average daily credit sale

Martin electronics has an accounts receivable turnover equal to 15 times. If accounts receivable are equal to 80,000, what is the value for average daily credit sale?

  You have recently won the unisa log tossing competition the

you have recently won the unisa log tossing competition. the prize of 200 is supposed to be used to buy a 50-year

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