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Unformatted text preview: Dewey and Louis Annual Salary $50,000 Growth Rate 3% Time 35 years Tax Rate 26% FV Ending Salary $140,693 Lost Income Ritter $104,545 Lost Income Bradely $51,500 Net Income Ending Salary $104,113 MBA at Ritter PostGrad Starting Salary $95,000 Starting salary almost double his Signing Bonus $15,000 Starting Salary and Signing Bonu Growth Rate 4% FV Ending Salary $346,596 Ending Salary almost 3x as muc Time 33 years Tax Rate 31% Increased Tax bracket, increased Net Income Initial Salary $75,900 the initial year Net Income Ending Salary $239,151 Income after taxes more than 2x Tuition 2 years $(120,000) to 31% would be worth it as his t Books/Supplies 2 years $(5,000) Room and Board 2years $(41,300) Health Insurance Coverage $(9,598) Total Cost at Ritter $(175,898) Income After Taxes is a healthy his school in installments and sti and the fact that his salary grows Cons of Ritter it cost double for room and board, books and supplies, and health insurance at ritt over his current job due to the fact he will make double originally, obtain an additional 1% growth...
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This note was uploaded on 07/26/2011 for the course FIN 4233 taught by Professor Craig during the Spring '11 term at Arkansas.
- Spring '11
- Corporate Finance