What is her total retirement pay

Assignment Help Accounting Basics
Reference no: EM133015687

Question - The company policy vests the accumulated unused vacation leaves of employees based on the latest level of salary as retirement pay. Hyun has been in the company for 40 years and he accumulated 400 unused vacation leave. His latest salary is 800 per day. The company's discount rate is 3%. What is her total retirement pay?

Reference no: EM133015687

Questions Cloud

What the Packard stockholders equity : During the year, assets increased $56,300 and liabilities decreased $17,800. At the end of last year, what the Packard's stockholders' equity
Calculate the budgeted production for the first quarter : Magnolla, Inc. has budgeted sales for the first quarter of the next year to be 40,000 units. Calculate the budgeted production for the first quarter
What is the amount of Deb gross income : Deb's employer originally purchased the watch at the beginning of 2020 for $3,750. What is the amount of Deb gross income
What is the capital of Amy after Lorna retirement : After the adjustment, Lorna received P15,000 for her capital interest. What is the capital of Amy after Lorna's retirement
What is her total retirement pay : Hyun has been in the company for 40 years and he accumulated 400 unused vacation leave. What is her total retirement pay
What is the amount of cash initially received : BBB Company factored P6,000,000 of accounts receivable to a finance entity at the beginning of current year. What is the amount of cash initially received
Calculate the current value of the Perth International Co : Calculate the current value of the Perth International Co. using its expected cash flows in year-one, year-two and year-three
Calculate the price of the call option on the interest rate : The volatility is 18% and the option has a life of 80 days. Calculate the price of the call option on the interest rate future
How the issue hinders organization efficiency : How the issue hinders organization efficiency - Is one for which you can think of possible solutions to the issue that are realistic and enforceable

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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