Erin purchases disability insurance from her employer. Will any payments she receives be taxable?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (16 reviews)
If Erin paid for the insurance the payments she receives from the insura...View the full answer
Answered By
Saikumar Ramagiri
Financial accounting:- Journal and ledgers, preparation of trail balance and adjusted trail balance Preparation of income statement, retained earning statement and balance sheet Banks reconciliation statements Financial statement analysis Cash flow statement analysis (both direct and indirect methods) All methods of Depreciations Management Accounting:- Ratios Budgeting control Cash budget and production budget Working capital management Receivable management Costing:- Standard and variance costing Marginal costing and decision making Cost-volume-profit analysis Inventory management (LIFO, FIFO) Preparation and estimation of cost sheet Portfolio management:- Calculation of portfolio standard deviation or risk Calculation of portfolio expected returns CAPM, Beta Financial management:- Time value of money Capital budgeting Cost of capital Leverage analysis and capital structure policies Dividend policy Bond value calculations like YTM, current yield etc International finance:- Derivatives Futures and options Swaps and forwards Business problems Finance problems Education (mention all your degrees, year awarded, Institute/University, field(s) of major): Education Qualification Board/Institution/ University Month/Year of Passing % Secured OPTIONALS/ Major ICWAI(inter) ICWAI inter Pursuing Pursuing - M.com(Finance) Osmania University June 2007 65 Finance & Taxation M B A (Finance) Osmania University Dec 2004 66 Finance & Marketing. B.Com Osmania University June 2002 72 Income Tax, Cost & Mgt, Accountancy, Auditing. Intermediate (XII) Board of Intermediate May 1999 58 Mathematics, Accountancy, Economics. S S C (X) S S C Board. May 1997 74 Mathematics, Social Studies, Science. Tutoring experience: • 10 year experience in online trouble shooting problems related to finance/accountancy. • Since 6 Years working with solution inn as a tutor, I have solved thousands of questions, quick and accuracy Skills (optional): Technical Exposure: MS Office, SQL, Tally, Wings, Focus, Programming with C Financial : Portfolio/Financial Management, Ratio Analysis, Capital Budgeting Stock Valuation & Dividend Policy, Bond Valuations Individual Skills : Proactive Nature, Self Motivative, Clear thought process, Quick problem solving skills, flexible to complex situations. Achievements : 1. I have received an Award certificate from Local Area MLA for the cause of getting 100% marks in Accountancy during my Graduation. 2. I have received a GOLD MEDAL/Scholarship from Home Minister in my MBA for being the “Top Rank student “ of management institute. 3. I received numerous complements and extra pay from various students for trouble shooting their online problems. Other interests/Hobbies (optional): ? Web Surfing ? Sports ? Watching Comics, News channels ? Miniature Collection ? Exploring hidden facts ? Solving riddles and puzzles
4.80+
391+ Reviews
552+ Question Solved
Related Book For
Question Posted:
Students also viewed these Corporate Finance questions
-
Which of the following amounts paid by an employer to an employee is not subject to withholding? a. Salary b. Bonus c. Commissions d. Reimbursement of expenses under an accountable plan e. All of the...
-
Anita Lee, Vice-President of Gary Inc., has asked for your assistance concerning the tax implications of certain amounts and benefits she received from her employer during 2012. Salary,...
-
Reba Dixon is a fifth grade school teacher who earned a salary of $38,000 in 2014. She is 45 years old and has been divorced for four years. She received $1,200 of alimony payments each month from...
-
Required A. Calculate Mr. Worthy's minimum employment income for the current year. B. Assume Mr. Worthy had only $4,000 in commission income in addition to his $65,000 salary. Calculate Mr. Worthy's...
-
Listed below are five procedures followed by Wallace Company. 1. Employees are required to take vacations. 2. Any member of the sales department can approve credit sales. 3. Andy Buckley ships goods...
-
Swindall Industries uses straight-line depreciation on all of its depreciable assets. The company records annual depreciation expense at the end of each calendar year. On January 11, 2007, the...
-
Consider the statistical model defined by Equation (5.1) and suppose $H_{0}: \tau_{1}=\cdots=\tau_{k}=0$ is true. Show that the following are true. a. $S S_{\text {Treat }} / \sigma^{2} \sim...
-
WMTB is an independent television station run by a major state university. The stations broadcast hours vary during the year depending on whether the university is in session. The stations...
-
Suppose that the rate of inflation (the percent change in the CPI) is expected to be 8% next year. If you expect to earn a 4% raise over the same time period, how has your purchasing power changed?
-
Dwight Donovan, the president of Donovan Enterprises, is considering two investment opportunities. Because of limited resources, he will be able to invest in only one of them. Project A is to...
-
Marisa has a policy with replacement cost coverage and has a loss of $100,000 on a house. Total policy coverage is $300,000 and replacement cost is $400,000. Because the loss is less than the...
-
Contrast the traditional tort system and no-fault auto insurance?
-
Answer each probability question. a. List the equally likely outcomes if a coin is tossed twice. b. List the equally likely outcomes if two coins are tossed once. c. Draw a tree diagram that...
-
Which statement is the most accurate? a) Our nation provides cradle-to-grave security for our military personnel and their families. b) Because of the relative high pay and benefits provided by the...
-
Which statement best reflects the views of Charles Murray? a) The main cause of poverty can be traced to the heritage of slavery. b) Poverty is caused largely by government antipoverty programs. c)...
-
Who made this statement: I still have the audacity to believe that people everywhere can have three meals a day. a) Charles Murray b) William Julius Wilson c) Barbara Bush (mother of President George...
-
Which statement is the most accurate? a) Most poor people receive public assistance (formerly called welfare). b) Public assistance has been discontinued. c) The number of people receiving public...
-
Which statement is false? a) Nearly half of all poor Americans own their own homes. b) A poor person today has roughly the same standard of living as a middle-income person 30 years ago. c) The...
-
What special responsibilities do computer professionals have with respect to understanding and protecting the privacy rights of their fellow citizens?
-
7. FALSE DILEMMA 8. GANDWAGON Definition: Fallacy example: How to revise argument: Definition: Fallacy example: How to revise argument:
-
Burt and Emily Gordon are a married couple in their mid-20s. Burt has a good start as a bank manager and Emily works as a sales representative. Since their marriage 4 years ago, Burt and Emily have...
-
Amy Stewart has always been interested in stocks. She has decided to invest $2,000 once every year into an equity mutual fund that is expected to produce a return of 6% a year for the foreseeable...
-
Bill Long wants to set up a fund to pay for his daughters education. In order to pay her expenses, he will need $23,000 in 4 years, $24,300 in 5 years, $26,000 in 6 years, and $28,000 in 7 years. If...
-
Have a brief introduction, discussion of the topics/points, and a conclusion.what you have learned during the course( Organizational Dynamics and Effectiveness).Their relevance to your career....
-
Using the article provided below, you are required to analyse the company information to define the business goals and evaluate whether the supply chain is a strategic fit with the business and...
-
Create output that shows a scatterplot with a line of best fit for your data. Explain what a line of best fit is? Submit both the output file (SPSS) as well as your Word summary.
Study smarter with the SolutionInn App