Bcorp. has an employee benefit plan for compensated absences that gives each employee 10 paid vacation days and 10 paid sick days. both vacation and sick days can be carried over indefinitely. employees can elect to receive payment in lieu of vacation days; however, no payment is given for sick days not taken. at december 31, 2018, b's unadjusted balance of liability for compensated absences was $42,000. b estimated that there were 300 total vacation days and 150 sick days available at december 31, 2018. b's employees earn an average of $200 per day. in its december 31, 2018, balance sheet, what amount of liability for compensated absences is b required to report?

Annuity payments are assumed to come at the end of each payment period (termed an ordinary annuity). however, an exception occurs when the annuity payments come at the beginning of each period (termed an annuity due). what is the future value of a 13-year annuity of $2,800 per period where payments come at the beginning of each period? the interest rate is 9 percent. use appendix c for an approximate answer, but calculate your final answer using the formula and financial calculator methods. to find the future value of an annuity due when using the appendix tables, add 1 to n and subtract 1 from the tabular value. for example, to find the future value of a $100 payment at the beginning of each period for five periods at 10 percent, go to appendix c for n = 6 and i = 10 percent. look up the value of 7.716 and subtract 1 from it for an answer of 6.716 or $671.60 ($100 × 6.716)

The 39 percent and 38 percent tax rates both represent what is called a tax "bubble." suppose the government wanted to lower the upper threshold of the 39 percent marginal tax bracket from $335,000 to $208,000. what would the new 39 percent bubble rate have to be? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Which of the following is not a characteristic of a weak economy? a. a low employment rateb. a high inflation ratec. a decreased gdpd. a high unemployment rate