Finance Answers

1)Define venture capital

2)Outline three common characteristics Successful investments

3)Describe the Attributes of venture capital

4)Discuss the Role of Venture Capital in Economic Development

5)Explain the Reasons for Significant Growth in Venture Capital in the Developed Countries

6)Explain the Constraints of Venture Capital in Kenya 20MARKS

Where Do Our Federal Taxes Go?

Instructions: Please read the following article and identify one federal tax item you feel is the most important item that should be paid by your tax dollars. Please provide the reasons why you selected this item as the most important.

Extra Direction: Answer this prompt as if you were a sophomore in high school. (15-16 years old)

Requirements:

1. Read the article on Federal Taxes.
2. Research where your federal tax dollars go to.
3. Identify one item you feel is the most important item for your dollars to be spent on.
4. Please provide the reasons why you selected this item as the most important.

Mr.Branganza, the CEO of ABC Ltd is carrying out a review of the company’s financial

performance for the year ended along with his functional managers. While reviewing

various indicators, he comes across one of the indicators as Receivable Turnover ratio

which shows as 4 for the current year as against 4.5 in the previous year. He turns

around to his CFO and asks” What would this mean in term of the collection cycle and

the number of days. Are we doing better or worse compared to the previous year? “What

should be CFO’s response?

Activity One - Analyzing Your Pay Stub

This module identifies the different types of taxes and how taxes impact our finances.

Analyze this sample pay stub and answer the questions that follow.

Sample Pay Stub: https://lrccd.instructure.com/courses/159612/files/33420065/preview

Question 8:

One of Hope’s coworkers quits, and during the next pay period Hope works 60 hours instead of 40 to help cover the shifts. Which of Hope’s deductions will definitely change as a result? 

   a. Her Federal tax

   b. Her health

   c. Her dental

   d. Her retirement

Activity One - Analyzing Your Pay Stub

This module identifies the different types of taxes and how taxes impact our finances.

Analyze this sample pay stub and answer the questions that follow.

Sample Pay Stub: https://lrccd.instructure.com/courses/159612/files/33420065/preview

Question 5:

Look at the lines that say HEALTH, DENTAL, and RETIREMENT. Which statement below is accurate?

a. Those lines represent taxes that Hope paid to the Federal government

b. Those lines represent taxes that Hope paid to the state government

c. Those lines represent benefits that the employer is paying to Hope in addition to her wages

d. Those lines represent insurance and retirement plans that Hope funds directly from her paycheck

Activity One - Analyzing Your Pay Stub

This module identifies the different types of taxes and how taxes impact our finances.

Analyze this sample pay stub and answer the questions that follow.

Sample Pay Stub: https://lrccd.instructure.com/courses/159612/files/33420065/preview

Question 4:

What was the largest deduction for this pay period?

a. FICA Medicare Tax

b. FICA Social Security Tax

c. Federal Tax

d. NC State Tax

Activity One - Analyzing Your Pay Stub

This module identifies the different types of taxes and how taxes impact our finances.

Analyze this sample pay stub and answer the questions that follow.

Sample Pay Stub: https://lrccd.instructure.com/courses/159612/files/33420065/preview

Question 3:

Which statement below accurately describes Hope's gross wages?

a. Gross wages are calculated by multiplying Hope’s hourly rate by the number of hours she worked

b. Gross wages are Hope’s fixed salary, which she receives for every pay period

c. Gross wages are calculated by subtracting all of Hope’s deductions from her gross income

d. Gross wages are how much Hope has earned over the course of the entire year

Activity One - Analyzing Your Pay Stub

This module identifies the different types of taxes and how taxes impact our finances.

Analyze this sample pay stub and answer the questions that follow.

Sample Pay Stub: https://lrccd.instructure.com/courses/159612/files/33420065/preview

Question 1:

About how frequently does Hope receive a paycheck?

a) Daily

b) Weekly

c) Every two weeks

d) Monthly

Activity One - Analyzing Your Pay StubThis module identifies the different types of taxes and how taxes impact our finances.

Instruction: Complete the Reading a Pay Stub interactive.

Extra Direction: Answer the following question as if you were a sophomore (15/16 years old) and learning about personal finance.

Link: http://www.tv411.org/finance/earning-spending/reading-pay-stub/activity/1/1

Question: Was any information from the interactive surprising to you?

Where Do Our Federal Taxes Go?

Most Americans do not know where our federal tax dollars go. The textbook chapter has a great link to an article on Federal Taxes

Context Link: https://www.cbpp.org/research/federal-budget/where-do-our-federal-tax-dollars-go

Please read the article and identify one federal tax item you feel is the most important item that should be paid by your tax dollars. Please provide the reason why you selected this item as the most important.

Instructions:

1. For this discussion board read the article - on Federal Taxes
2. Research where your federal tax dollars go to.
3. Identify one item you feel is the most important item for your dollars to be spent on.
4. Please provide the reason why you selected this item as the most important.