Seiko’s current salary is $85,500. her marginal tax rate is 30 percent and she fancies european sports cars. she purchases a new auto each year. seiko is currently a manager for an office equipment company. her friend, knowing of her interest in sports cars, tells her about a manager position at the local bmw and porsche dealer. the new position pays only $74,400 per year, but it allows employees to purchase one new car per year at a discount of $18,400. this discount qualifies as a nontaxable fringe benefit. in an effort to keep seiko as an employee, her current employer offers her a $14,200 raise. answer the following questions about this analysis. c. what before-tax salary would seiko need to receive from idaho office supply to make her financially indifferent (after taxes) between receiving additional salary from idaho office supply and accepting a position at the auto dealership? (round your intermediate computations to the nearest dollar amount.)

After the 2008 recession, the amount of reserves in the us banking system increased. because of federal reserve actions, required reserves increased from $44 billion to $60 billion. however, banks started holding more reserves than required. by january 2009, banks were holding $900 billion in excess reserves. the federal reserve started paying interest on the excess reserves that the banks held. what possible impact will these unused reserves have on the economy?

Most states have licensing registration requirements for child care centers and family daycare homes. these usually include minimum standard for operation. which of the following would you most likely find required in a statement of state licensing standards for child care centers?

The east asiatic company (eac), a danish company with subsidiaries throughout asia, has been funding its bangkok subsidiary primarily with u. s. dollar debt because of the cost and availability of dollar capital as opposed to thai baht-denominated (b) debt. the treasurer of eac-thailand is considering a 1-year bank loan for $247,000.the current spot rate is b32.03 /$, and the dollar-based interest is 6.78% for the 1-year period. 1-year loans are 12.04% in baht. a. assuming expected inflation rates of 4.3 % and 1.24% in thailand and the united states, respectively, for the coming year, according to purchase power parity, what would the effective cost of funds be in thai baht terms? b. if eac's foreign exchange advisers believe strongly that the thai government wants to push the value of the baht down against the dollar by5% over the coming year (to promote its export competitiveness in dollar markets), what might the effective cost of funds end up being in baht terms? c. if eac could borrow thai baht at 13% per annum, would this be cheaper than either part (a) or part (b) above?