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Answer the fallowing questions. O D 1) Choose the correct answer. Andres is offered a job as manager of a health club. The job will pay $3,100 per month, pald semimonthly. Along with the base salary, the company offers to pay half the cost of medical Insurance and wil match Andres' contribution to a retirement plan up to a total of $3,500. If the full cost of the medical Insurance is $450 per month and Andres plans to contribute the full $3,500 every year to a retirement plan, what is the actual annual value of this Job to Andres? O $43,400 O $46,100 O $37,200 O $83,300 O $42,600

Answer the fallowing questions. O D 1) Choose the correct answer. Andres is offered a job as manager of a health club. The job will pay $3,100 per month, pald semimonthly. Along with the base salary, the company offers to pay half the cost of medical Insurance and wil match Andres' contribution to a retirement plan up to a total of $3,500. If the full cost of the medical Insurance is $450 per month and Andres plans to contribute the full $3,500 every year to a retirement plan, what is the actual annual value of this Job to Andres? O $43,400 O $46,100 O $37,200 O $83,300 O $42,600

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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I need help with question #1 please
ns of Compensation -- Ko cerbach. Covid Unt6-Firance Answer: Your daily Gip is 65 miles cach way, or 130 miles or one day 130 miles x6- 650 miles 650 miles x $0.55/mile- $357.50. $357.50 is the compensation you will receive, Answer the fallowing questions. O D 1) Choose the correct answer. Andres is offered a job as manager of a health club. The Job will pay $3,100 per month, pald semimonthly. Along with the base salary, the company offers to pay half the cost of medical Insurance and will match Andres' contribution to a retirement plan up to a total of $3,500. If the full cost of the medical Insurance is $450 per month and Andres plans to contribute the full $3,500 every year to a retirement plan, what Is the actual annual value of this Job to Andres? O $43,400 O $46,100 O $37,200 O $83,300 O $42,600 N D 2) Choose the correct answer. Marsha Is offered a job as a receptionist in a medical office. She will be paid $17.50 per hour for 35 hours per week. The office offers free medical coverage worth $6,500 per year. It will also contribute half the cost of dental insurance and life lInsurance. If the actual cost of the dental insurance is $900 per year and the actual cost of the life Insurance is $250 per vear wihat is the annual value of this tob to Marsha?
Transcribed Image Text:ns of Compensation -- Ko cerbach. Covid Unt6-Firance Answer: Your daily Gip is 65 miles cach way, or 130 miles or one day 130 miles x6- 650 miles 650 miles x $0.55/mile- $357.50. $357.50 is the compensation you will receive, Answer the fallowing questions. O D 1) Choose the correct answer. Andres is offered a job as manager of a health club. The Job will pay $3,100 per month, pald semimonthly. Along with the base salary, the company offers to pay half the cost of medical Insurance and will match Andres' contribution to a retirement plan up to a total of $3,500. If the full cost of the medical Insurance is $450 per month and Andres plans to contribute the full $3,500 every year to a retirement plan, what Is the actual annual value of this Job to Andres? O $43,400 O $46,100 O $37,200 O $83,300 O $42,600 N D 2) Choose the correct answer. Marsha Is offered a job as a receptionist in a medical office. She will be paid $17.50 per hour for 35 hours per week. The office offers free medical coverage worth $6,500 per year. It will also contribute half the cost of dental insurance and life lInsurance. If the actual cost of the dental insurance is $900 per year and the actual cost of the life Insurance is $250 per vear wihat is the annual value of this tob to Marsha?
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