0
Still curious? Ask our experts.
Chat with our AI personalities
Fran
Ross
EzraAdd your answer:
Earn +20 pts
How can you figure out your yearly salary from your bi-weekly net pay amount?
You really can't calculate your annual salary from your net pay due to taxes and deductions varying from each pay cycle. To find your annual salary you will need to multiply your gross (before taxes) pay by the number of pays in the year, or your pay frequency (see chart below). Pay Frequency = Number of Pays During Calendar Year Weekly = 52 pays a year Bi-Weekly = 26 pays a year Semi-Monthly = 24 pays a year Monthly = 12 pays a year For example, to calculate a bi-weekly pay frequency receiving $2,500 each pay (for 26 pays a year) multiply $2,500 * 26 = $65,000.
Which day of the week usually has the lowest price gasoline?
There is not a single day where gas is cheaper. It all depends on how much the company pays for the oil during a certain time period.
What are fixed annuities comprised of?
A fixed annuity is an annuity that pays a fixed amount of interest, defined by the terms of the contract. It is comprised of the money that you put in and the interest the insurance company provides in exchange.
What is the difference between 1099 and w2?
You get a W-2 form from an employer who pays payroll taxes. You get a 1099 from someone who paid you, but did not pay taxes on the money you were paid. This means that any income you get on a 1099 must be paid at a higher self-employment tax rate.
How do you calculate the pretax cost of debt?
Divide the company's effective tax rate by 100 to convert to a decimal. For example, if the company pays 29 percent in taxes, divide 29 by 100 to get 0.29. Subtract the company's tax rate expressed as a decimal from 1. In this example, subtract 0.29 from 1 to get 0.71. Divide the company's after-tax cost of debt by the result to calculate the company's before-tax cost of debt. In this example, if the company's after tax cost of debt equals $830,000, divide $830,000 by 0.71 to find a before-tax cost of debt of $1,169,014.08.
