what is this answer?
Scooby Snacks issues 10,000 of $20 par value common stock for $50 per share. Record the issuance of common stock: Debit Credit [Select] [Select] [Select] [Select] [Select] [Select]
Answers
The issuance of common stock is Debit Cash - $500,000, Credit Common Stock - $200,000, Credit Additional Paid-in Capital - $300,000.
When a company sells a security or financial instrument that represents ownership of a part of the company is called stock. The stock that is issued when a company is incorporated for the first time is called the common stock. Issuing stocks allows companies to raise funds from investors to finance their businesses. Here in the given question, Scooby Snacks issues 10,000 of $20 par value common stock for $50 per share.
Let’s record the issuance of common stock.The journal entry for the issuance of common stock is as follows:
Debit Cash - $500,000
Credit Common Stock - $200,000
Credit Additional Paid-in Capital - $300,000
To calculate the debit and credit amount we need to understand the values given in the question. The company has issued 10,000 shares of common stock, and the par value of one share of stock is $20. The market value of the stock is $50 per share.
Therefore, the total value of the stocks issued by the company is:
10,000 shares × $50 per share = $500,000
The accounting equation can be used to record the transaction. The issuance of stock increases the assets of the company in the form of cash and equity, the two accounts that are affected by this transaction are Cash and Common Stock. In this transaction, the Cash account will be debited by $500,000. The credit side of the journal entry for the issuance of common stock is divided into two parts:
par value of the shares and the additional paid-in capital account.
The common stock account will be credited $200,000, and the additional paid-in capital account will be credited by $300,000.Thus the journal entry for the issuance of common stock is as follows:
DebitCash - $500,000
CreditCommon Stock - $200,000
Additional Paid-in Capital - $300,000
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Related Questions
harrison is retiring from a local bakery that has been in his family for four generations. because he does not have an heir to whom he can pass the bakery, he is selling it to a young couple. when they meet to discuss the transfer of the business, what are some things that harrison should share with the new owners about the success of his business?
Answers
Harrison should share the culture of the company through stories, rites, and rituals.
This will indicate to the new owners the work culture that has been adopted at the company and how competent are the employees.
Hearing the pride in Harrison's voice for the success that has been achieved at the company would give confidence to the new owners that they can also run a profitable business like him.
The young couple would feel more comfortable in their decision to buy the bakery.
Company culture is the way you do what you do within the administrative center.
It's the sum of your formal and informal systems and behaviors and values, all of which create an experience for your personnel and clients.
In its middle, corporation subculture is how matters get performed around the place of the job.
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By law, an accountant must hold a CPA designation in order to
?
Answers
Answer:
The CPA designation isn't required to work in corporate accounting or for private companies. However, public accountants—which are individuals working for a firm, such as Deloitte or Ernst & Young, that provides accounting and tax-related services to businesses—must hold a CPA designation.
Explanation:
Answer:
Prepare audited or reviewed financial statements.
Hope this helps :)
Bank's Balance Sheet
Assets Liabilities and Owners' Equity
Reserves $200 Deposits $1,600
Loans $800 Debt $250
Securities $1,000 Capital (owners' equity) $150
Suppose a new customer adds $100 to his account at Northeastern Mutual Bank, which the owners of the bank then use to make $100 worth of new loans. This would increase the loans account anddecrease the account.
This would also bring the leverage ratio from its initial value of to a new value of .
Which of the following is true of the capital requirement? Check all that apply.
Its intended goal is to protect the interests of those who hold equity in the bank.
It specifies a minimum leverage ratio for all banks.
The higher the percentage of assets a bank holds as loans, the higher the capital requiremen
Answers
This would increase the loans account and increase the deposits account. The initial value of 13.33 to a new value of 14. The higher the percentage of assets a bank holds as loans, the higher the capital requirement. Thus, option (c) is correct.
What is a Balance Sheet?
The balance sheet and details of reconciled transactions for each account are the two most important reports that the accountant will want.
(a) This would increase the reserves account and increase the deposits account.
(b) The bank leverage ratio refers to its Assets divided by Capital (Owner's equity).
Liabilities should match assets. Therefore, keeping both sides equal by adding $100.
= (Reserves + loans + securities)/Capital
= (200 + 800 + 1,000) / 150
initial value of 13.33
After the $100 was borrowed
= (200 + 800 + 1,000 + 100) /150
new value of 14
(c) The capital requirement increases as the proportion of an institution's assets held as loans rises. Given that loans are made from deposits, the capital requirement is intended to safeguard depositors in the event that loans are defaulted upon.
Hence, the significance of the Balance Sheet is aforementioned.
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Suppose the price of a cookie is $1.50 and cookies are produced in a competitive market. When Cathy's Cookies produces 200 cookies, the average fixed cost is $2.00, the average variable cost is $1.00 and the marginal cost is $1.50. To maximize profit, Cathy should a.continue producing 200 cookies in the short run b.produce more than 200 cookies in the short run c.produce fewer than 200 cookies but continue producing in the short run d.shut down in the short run
Answers
To maximize the profit Cathy should (B) produce more than 200 cookies in the short run.
What is the average marginal cost?The difference in total cost when another unit is produced is referred to as the marginal cost; the average cost is the total cost divided by the number of units produced.What is the average variable cost?In economics, the variable cost per unit is known as the average variable cost. Divide the entire variable cost by the output to get the average variable cost. In the short term, the enterprises use the average variable cost to determine whether to stop production.Solution -We know that marginal cost includes a variable cost.
So, to find profit subtract marginal cost by average fixed cost.
\(2.00-1.50 = 0.50\)
\(0.50 * 200 = 100\)
Profit when 200 cookies are sold = $100.
Therefore, to maximize the profit Cathy should (B) produce more than 200 cookies in the short run.
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What is a command economy controlled by?
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Command economy is controlled by the Central Government.
A command economy is a key aspect of a political system in which a central governmental authority dictates the levels of production that are permissible and the prices that may be charged for goods and services. Most industries are publicly owned. The main alternative to a command economy is a free market system in which demand dictates production and prices. The command economy is a component of a communist political system, while a free market system exists in capitalist societies.
In a command economy, the central government dictates the level of production of goods and controls their distribution and prices. Proponents of command economies argue government control rather than private enterprise can ensure the fair distribution of goods and services.
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FILL THE BLANK. according to the principle of _____, a country that decides to specialize in the production of a particular product must sacrifice the production of another product.
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According to the principle of comparative advantage, a country that decides to specialize in the production of a particular product must sacrifice the production of another product.
The principle of comparative advantage is an economic concept that suggests countries should specialize in producing goods or services in which they have a lower opportunity cost compared to other countries. Opportunity cost refers to the value of the next best alternative that must be given up in order to produce a particular good or service. When a country specializes in producing a specific product, it can allocate its resources more efficiently, leading to increased productivity and economic growth. However, this specialization comes at the cost of sacrificing the production of other goods or services for which the country may have had some comparative advantage but chooses not to pursue.
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QUICK!! FiRST PERSON TO ANSWER THIS CORRECTLY GETS BRAINLIES
Answers
Answer:
I belive it's A.
Explanation:
Becuase often times, they collect and file and that was the only one that really made sense to me. Let me know if im wrong though.
How do you find consumer surplus and producer surplus at the equilibrium price?
Answers
Answer:
The consumer surplus is q∗∫0d(q)dq−p∗q∗.
The producer surplus is p∗q∗−q∗∫0s(q)dq.
The sum of the consumer surplus and producer surplus is the total gains from trade.
Juan is interested in becoming a machinist, but he is worried about finding a
job at a manufacturer. Which of the following statements is the most
accurate response to his concerns?
A. In our global economy, most job growth will be in services, but
manufacturing jobs will exist, too.
B. In our global economy, machinist jobs no longer exist.
c. In our global economy, the only jobs available will be service jobs.
D. In our global economy, most available jobs will be in
manufacturing, but service jobs will exist, too.
Answers
Answer:
the answer is A. In our global economy, most job growth will be in services, but manufacturing jobs will exist, too.
Explanation:
Answer:
In our global economy, most job growth will be in services, but
manufacturing jobs will exist, too.
Explanation:
Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home
Answers
Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.
Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.
Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.
Hence, the correct options are "A, B & C".
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Is this counted in the GDP of a country ?The services of a mechanic in fixing the radiator on his own car.
Answers
Answer:
Yes this could be counted as GDP
Explanation:
JohnBoy Industries has a cash balance of $54,000, accounts payable of $134,000, inventory of $184,000, accounts receivable of $219,000, notes payable of $129,000, and accrued wages and taxes of $41,500. How much net working capital does the firm need to fund?
Answers
Answer:Net working capital = $152,500
Explanation:
Net working capital = CA– CL
Where CA= Current Assets = Cash + Inventory + Accounts Receivable
and CL= Current Liabilities= Account payable + Notes payable + accrued wages and taxes
CA=$54, 000 + $184,000 + $ 219,000 =$457,000
Current liabilities = Account payable + Notes payable + accrued wages and taxes
CL = $134,000 + $129,000 + $41,500 = $304,500
Net working capital = Current assets – Current liabilities
Net working capital = $457,000 – $304,500= $152,500
Net working capital = $152,500
Which of the following is considered a symbol that has varying meaning across cultures? A) colors. B) animals. C) numbers. D) music. E) all of the above.
Answers
Option E, Colors, animals, numbers, and music are all considered symbols that have varying meanings across cultures.
Symbols are objects, images, or sounds that represent or convey meaning. They can have different interpretations and significance depending on the cultural context. Among the options provided, colors, animals, numbers, and music are all examples of symbols that can have varying meanings across cultures.
1. Colors: Different cultures attribute different meanings and symbolism to colors. For example, while white represents purity and innocence in Western cultures, it can symbolize mourning or death in some Eastern cultures. Similarly, the color red can symbolize luck and prosperity in some cultures, while representing danger or warning in others.
2. Animals: Animals often hold symbolic meanings that vary across cultures. For instance, the lion is commonly associated with strength and courage in many cultures, while the owl may symbolize wisdom and knowledge in some societies but represent death or bad omens in others.
3. Numbers: Numbers can also carry cultural symbolism. For instance, the number 7 is considered lucky in many Western cultures, while the number 4 is associated with bad luck in some Asian cultures due to its phonetic similarity to the word for "death."
4. Music: Music is a universal language, but its symbolism and interpretation can differ across cultures. Certain melodies or instruments may be associated with specific emotions, rituals, or cultural traditions unique to a particular society.
In conclusion, colors, animals, numbers, and music are all examples of symbols that can hold different meanings and interpretations across cultures. The diverse perspectives and beliefs of different societies contribute to the variations in symbolic meanings assigned to these elements.
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a____gives an organization a sense of purpose and a set of values that unite workers.
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A mission statement gives an organization a sense of purpose and a set of values that unite workers.
What is a mission statement?A mission statement is a statement of purpose that defines the goals and values of an organization. It serves as a guide for decision-making and helps to align the efforts of all members towards a common objective. A mission statement can also communicate the company's values to customers, employees, and other stakeholders. It is often brief, memorable, and encapsulates the core purpose of the organization.
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What may be a problem of compating the p/e of a stock to the p/e of the overall market?
Answers
The problem of computing the p/e of stock to the p/e of the overall market valuation versus self versus peers.
The upshot: Like early stock marketplace trading, the hour earlier than market close from three p.m. to four p.m. ET is one of the best times to shop for and promote inventory because of vast charge moves, better trading volume, and green buyers putting remaining-minute exchange.
The S&P 500 declined 2.1%, whilst the Dow Jones industrial common dropped 1.9%. The Nasdaq fell 2.5%. investors are concerned about similarly aggressive hobby-charge increases and a slowing financial backdrop. they're selling property seen as volatile, along with bitcoin, and shopping for the greenback.
The primary indexes will in all likelihood quit 2022 higher than they stand now, as rock-bottom proportion prices start to vow a purchase-low possibility that outweighs the danger of in addition decline, the professionals stated. As buyers, in the end, jump off the sidelines, the stock marketplace will stabilize and start to recover, as they anticipated.
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Laura Cervantes. Laura Cervantes is a currency speculator and she sells eight June futures contracts for 500,000 pesos at the closing price quoted here: a. What is the value of her position at maturity if the ending spot rate is $0.12003/Ps? b. What is the value of her position at maturity if the ending spot rate is $0.09808/Ps? c. What is the value of her position at maturity if the ending spot rate is $0.11006/Ps? a. What is the value of her position at maturity if the ending spot rate is $0.12003/Ps? The value of Amber's position is $ (Round to the nearest cont. Use a minus sign if value is negative.) b. What is the value of her position at maturity if the ending spot rate is $0.09808/Ps? The value of Amber's position is $ (Round to the nearest cent. Use a minus sign if value is negative.) c. What is the value of her position at maturity if the ending spot rate is $0.11006/P8? The value of Amber's position is S . (Round to the nearest cent. Use a minus sign if value is negative.) Enter your answer in each of the answer boxes. Data Table Click on the icon to import the table into a spreadsheet.) Mexican Peso (CME) - MXN 500,000, $ per MXN Change Maturity March June Sept Open 0.10953 0.10790 0.10615 High 0.10988 0.10795 0.10615 Low 0.10930 0.10778 0.10610 Settle 0.10958 0.10773 0.10573 Lifetime High Low 0.11000 0.09770 0.10800 0.09730 0.10615 0.09930 Open Interest 34,481.00 3,405.00 1,481.00 Print Done
Answers
The Value at maturity with an ending spot rate of $0.12003/Ps :$60,015. The Value at maturity with an ending spot rate of $0.09808/Ps: $49,040. The Value at maturity with an ending spot rate of $0.11006/Ps: $55,030.
Laura Cervantes is a currency speculator who sells eight June futures contracts for 500,000 pesos. The value of her position at maturity depends on the ending spot rate, which is the exchange rate at the end of the contract.
a. If the ending spot rate is $0.12003/Ps, we can calculate the value of her position by multiplying the ending spot rate by the number of pesos in her contract.
Value = $0.12003/Ps * 500,000 Ps = $60,015
Therefore, the value of her position at maturity is $60,015.
b. If the ending spot rate is $0.09808/Ps, we can use the same calculation to find the value of her position.
Value = $0.09808/Ps * 500,000 Ps = $49,040
Therefore, the value of her position at maturity is $49,040.
c. If the ending spot rate is $0.11006/Ps, the calculation will be:
Value = $0.11006/Ps * 500,000 Ps = $55,030
Therefore, the value of her position at maturity is $55,030.
a. Value at maturity with an ending spot rate of $0.12003/Ps: $60,015
b. Value at maturity with an ending spot rate of $0.09808/Ps: $49,040
c. Value at maturity with an ending spot rate of $0.11006/Ps: $55,030
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many companies state their brand promise directly in words, using a short phrase called what
Answers
Answer:Many companies state their brand promise directly in words, using a short phrase called what? A. A warranty B. A customer mindset C. A corporate image D. A tagline
✓ D.
channels of distribution that involve the use of intermediaries_____
Answers
Channels of distribution that involve the use of intermediaries indirect distribution.
A distribution channel or also known as channel of distribution generally can be described as the method a company uses to get a service or also product into the hands of a consumer as efficiently and quickly as possible. On of the types of channel distribution is indirect distribution. Indirect distribution generally can be defined as selling wholesale to retailers or agents so that they can distribute the product for customer. There are several example of indirect distribution, such as the lumber manufacturer, the furniture maker, and the retailer.
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to finish threading a blind hole you would first use a taper tap, followed by a plug tap, and finally a [x] tap.
Answers
To finish threading a blind hole, you would first use a taper tap, followed by a plug tap, and finally a bottoming tap.
What is the sequence of taps used to finish threading a blind hole?When threading a blind hole, which is a hole that does not pass through the entire material, a specific sequence of taps is typically used to achieve the desired threading. The process begins with a taper tap, which gradually forms the initial threads in the hole. This is followed by a plug tap, which continues the threading process to a greater depth. Finally, a bottoming tap is used to fully thread the hole to its desired depth. The bottoming tap has a shorter chamfer or taper compared to the previous taps, allowing it to reach the bottom of the blind hole and complete the threading.
Threading taps are essential tools for creating internal threads in materials such as metal or plastic. Each tap in the sequence serves a specific purpose in achieving accurate and complete threading in a blind hole. The taper tap initiates the threading process by starting with a gentle taper that gradually widens and forms the threads. The plug tap continues the threading process with a consistent diameter and thread pitch. Lastly, the bottoming tap, also known as the finishing tap, ensures that the threads reach the desired depth in the blind hole. By following this sequence, a blind hole can be effectively and precisely threaded, ready to accommodate screws, bolts, or other threaded components.
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Solar energy is the least expensive source of renewable energy in the United States. True False
Answers
Answer:
False
Explanation:
Solar energy is one of the most expensive energy sources out there look it up!
Answer:
False
I think
An expected output over the life of a project would be classified as.
Answers
The answer is: A deliverable
the direct write-off method is used for tax purposes but is generally not permitted for financial reporting. true or false?
Answers
True, the direct write-off method is used for tax purposes but is generally not permitted for financial reporting.
Direct write-off method occur when account receivable uncollectible are written or recorded as bad debt and this occur when the money a company is expecting to receive from their customers or clients are uncollectible because the customer did not pay.
Direct write-off method is used for tax purposes because bad debt expense is recorded based on uncollectible amount which is the amount a company is not expecting to receive from their debtors.
This method is not in accordance with the Generally accepted accounting principles which is why it is generally not permitted for financial reporting.
Inconclusion True, the direct write-off method is used for tax purposes but is generally not permitted for financial reporting.
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The owner of a bike shop would like to analyze the sales data to determine if the business is growing, declining, or remaining flat. The owner has the following data:
Sales Revenue Last Year =$125,000
Sales Revenue Current Year = $150, 000
What is the Sales Growth?
Do not forget to type the % symbol after multiplying your result by 100 to convert to percentage!
Hint: Your answer will NOT have decimal point.
Example: 75%
Answers
To calculate the sales growth, you can use the following formula:
(Sales Revenue Current Year - Sales Revenue Last Year) / Sales Revenue Last Year x 100%
Plugging in the numbers, we get:
($150,000 - $125,000) / $125,000 x 100% = 20%
Therefore, the sales growth is 20%.
Sales Growth = (Sales Revenue Current Year - Sales Revenue Last Year) / Sales Revenue Last Year × 100%
Sales Growth = ($150,000 - $125,000) / $125,000 × 100%
Sales Growth = $25,000 / $125,000 × 100%
Sales Growth = 0.2 × 100%
Sales Growth = 20%
Therefore, the Sales Growth is 20%.
Which financial statement reports the company's revenues and selling costs over a period of time?
Answers
Answer:
Income Statement
Explanation:
The income statement is among the three financial statements that a business prepare at the end of a period. It reports on business profitability.
An income statement has three parts,
The revenue section that lists all sources and the amounts of revenues for the period. Revenues include discounts received and purchase returns. The expenditure section indicates all the expenses the business incurred in generating its revenues.The income section tells whether the business made a loss or a profit. It is the difference between the revenue and the expenses.on january 1, year 1, milton manufacturing company purchased equipment with a list price of $28,000. a total of $2,200 was paid for installation and testing. during the first year, milton paid $3,300 for insurance on the equipment and another $610 for routine maintenance and repairs. milton uses the units-of-production method of depreciation. useful life is estimated at 100,000 units, and estimated salvage value is $4,400. during year 1, the equipment produced 12,000 units. what is closest to the amount of depreciation for the year? (do not round intermediate calculations.) multiple choice $3,096 $3,565 $4,020 $3,492
Answers
Answer:
$3,096
Explanation:
To calculate the depreciation for the year using the units-of-production method, we need to first calculate the depreciation rate per unit of production.
Depreciation rate per unit = (Cost - Salvage value) / Estimated total units of production
= ($28,000 + $2,200 - $4,400) / 100,000
= $25.80 per unit
Then, we can calculate the depreciation expense for the year by multiplying the depreciation rate per unit by the actual units produced during the year:
Depreciation expense = Depreciation rate per unit x Units produced during the year
= $25.80 x 12,000
= $309,600
However, we need to adjust this amount for the other expenses incurred during the year. The total expenses incurred during the year were:
Installation and testing: $2,200
Insurance: $3,300
Maintenance and repairs: $610
Total expenses = $2,200 + $3,300 + $610 = $6,110
Adjusted depreciation expense = Depreciation expense - Total expenses
= $309,600 - $6,110
= $303,490
Therefore, the closest answer choice to the amount of depreciation for the year is $3,096.
ChatGPT
what is the first step of the daily cash reconciliation process
Answers
The first step of the daily cash reconciliation process is to gather all relevant cash-related documents and records.
In the daily cash reconciliation process, the first step involves collecting all necessary documents and records that contain information about cash transactions for the day. This typically includes cash register tapes, sales receipts, bank statements, deposit slips, and any other relevant financial documents. Gathering these documents ensures that all cash inflows and outflows are accounted for and can be properly reconciled.
By having all the necessary information in one place, businesses can move on to the subsequent steps of comparing and reconciling the cash transactions, identifying any discrepancies, and taking corrective actions if needed. The initial step of gathering documents sets the foundation for an accurate and comprehensive cash reconciliation process.
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You're thinking of withdrawing all your fun $45,000 from your 401k age 54 the normal tax rate for you would be 20% the rules of withdrawing funds before the age of 59 and a half is the temperature in penalty how much would you save if you waited until age 59 and a half
Answers
Answer:
The age 59½ distribution rule says any 401k participant may begin to withdraw money from his or her plan after reaching the age of 59½ without having to pay a 10 percent early withdrawal penalty.
Explanation:
Until the age of 59.5 years, the amount saved from the withdrawal of funds is $3,600.
What is a tax?A tax is an obligatory payment made by the taxpayer to the government in respect of the income earned in the previous year.
Given values:
Amount of funds: $45,000
Normal tax rate: 20%
Penalty rate at 59.5 years: 10%
Step-1 Computation of after-tax amount paid at 54 years:
\(\rm\ After \rm\ Tax \rm\ Amount \rm\ at \rm\ 54 \rm\ years =\rm\ Amount \rm\ of \rm\ funds \times (\rm\ 1-\rm\ Tax \rm\ Rate)\\\rm\ After \rm\ Tax \rm\ Amount=\$45,000 \times\ (1-0.20)\\\rm\ After \rm\ Tax \rm\ Amount=\$36,000\)
Step-2 Computation of after-tax amount paid at 59.5 years:
\(\rm\ After \rm\ Tax \rm\ Amount \rm\ at \rm\ 59.5 \rm\ years =\rm\ Amount \rm\ of \rm\ Funds \times (\rm\ 1-\rm\ Tax \rm\ Rate)\times\ (1-\rm\ Penalty \rm\ Rate) \\\rm\ After \rm\ Tax \rm\ Amount=\$45,000 \times\ (1-0.20)\times\ (1-0.10)\\\rm\ After \rm\ Tax \rm\ Amount=\$32,400\)
Step-3 Computation of the amount saved :
\(\rm\ Amount \rm\ Saved = \rm\ After \rm\ Tax \rm\ Amount \rm\ at \rm\ 59.5 \rm\ years - \rm\ After \rm\ Tax \rm\ Amount \rm\ at \rm\ 54 \rm\ years\\\rm\ Amount \rm\ Saved =\$36,000-\$32,400\\\rm\ Amount \rm\ Saved =\$3,600\)
Therefore, the amount of $3,600 was saved with the amount of $36,000 paid at 54 years and the amount of $32,400 paid at 59.5 years.
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Where do banks get the majority of the money they lend?.
Answers
Answer:
Banks collect savings from households and businesses (savers) and use these funds to make loans to those who want to borrow (borrowers).
Banks assemble savings from individuals and companies (savers) and utilize these resources to provide loans to borrowers.
Financial institutions known as banks offer a variety of services pertaining to lending, managing finances, and conducting financial transactions. By enabling the movement of money and providing a range of financial goods and services, they contribute significantly to the economy resources . Banks perform the following important tasks and offer the following services:
Deposits: Banks welcome contributions from private citizens, companies, and other nonprofits. These deposits might be in the form of savings accounts, checking accounts, certificates of deposit (CDs), and other kinds of accounts. Government-backed schemes that guarantee deposits often exist to safeguard the money of clients.
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can anyone answer this question it important
Answers
Answer:
I think it's private it's the most logical answer
It could also be government. But I’m more confident in C. Hopefully it is right.
question 4 what is a question or problem that a data analyst answers for a business? 1 point complaint hypothesis mission statement business task
Answers
A business task is a question or problem that a data analyst answers for a business. A business task is a major component that has a big impact through the business of the company.
In business, Business data analyst tasks and responsibilities generally can be defined as a Develop and deploy dashboards activity to collect data-backed insights. Business data analyst task has a function to interpret key business data sets. Beside that, Business data analyst tasks and responsibilities also have a function for Deliver insights on potential areas of growth, optimization, and improvements.
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