Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

solve plz Divostitures Personal Finance Problem in corporite settings, it is not undsual for frms to assess the financial viability af a business unt and

solve plz
image text in transcribed
Divostitures Personal Finance Problem in corporite settings, it is not undsual for frms to assess the financial viability af a business unt and decide whether to retain it within the corporaton or that pomes up for families wet two working garents and young chidren is whether sne of the working aduilts thould stay at home or wheher the tanily ahould use dey-cam services. Assume that Ted and Moggie Smith have two young children who need childcare services. Curronty. Maggie is a stay ath hame mother but could go back to her former yob as a markoting anayat insurance, and pension centributiens totaing 31,100 . Magpe expects her fedetil and state income taxes to total about 51.325 por moreh. The 5 mithe hare caloulated that total addiconal nxperses nuch as child care, ofothing, penonal expenses; meals away froce home, and transportation reated to Maggles job could total $1,475 por month, Does it make economio sense for the Smithe to hire child care and bave Maggie celum is work? To answer tils question, enculate the monthly tiet income oe loss from her possible retum to work. Magois nat inceme or loss is 5 (Round to the nearest dstar: have Maggie resern ta work. Neverthalest, the decision to loive young chiliren in chid cere while Maggie goes back b work should not be made exclusively on an econemic tasis." Is the above statament tive or talie? (Seiect from the drop-down menu)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Changing Geography Of Banking And Finance

Authors: Pietro Alessandrini ,Michele Fratianni ,Alberto Zazzaro

1st Edition

1441947205, 978-1441947208

More Books

Students also viewed these Finance questions

Question

2. What role should job descriptions play in training at Apex?

Answered: 1 week ago