Jake is a young executive with a pharmaceutical firm. He earns $125,000 per year, and expects his income to increase at a rate of 4% over his career. Jake estimates that he consumes 20% of his salary personally, that his combined federal and state income tax bracket is 28%, and that inflation will average 3% over his career. The riskless rate of return is 5.184%. Using the Capitalized Earnings Approach to calculating life insurance needs, how much life insurance should Jake purchase

Salaries are $4,500 per week for five working days and are paid weekly at the end of the day fridays. the end of the month falls on a thursday. the accountant for dayton company made the appropriate accrual adjustment and posted it to the ledger. the balance of salaries payable, as shown on the adjusted trial balance, will be a (assume that there was no beginning balance in the salaries payable account.)

As the inventor of hypertension medication, onesure pharmaceuticals (osp) inc. was able to reap the benefits of economies of scale due to a large consumer demand for the drug. even when competitors later developed similar drugs after the expiry of osp's patents, regular users did not want to switch because they were concerned about possible side effects. which of the following benefits does this scenario best illustrate? a. first-mover advantages b. social benefits c. network externalities d. fringe benefits

Which of the following is not an example of macroeconomics a constructing a city sewer system b tightening the family budget c cutting state income taxes d subsidizing corn farms