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sertanlavr [38]
1 year ago
8

What piece of legislation, one of the most complex areas of federal civil law, was established in 1974 mainly to protect the emp

loyee pension system from employer fraud
Business
1 answer:
Angelina_Jolie [31]1 year ago
4 0

Employee Retirement Income Security Act is established in 1974 mainly to protect the employee pension system from employer fraud.

<h3>What is Employee Retirement Income Security Act?</h3>

The Employee Retirement Income Security Act serves as an act of 1974 that contains rules on the federal income tax to favor employees.

This act, provides employee with benefit plans and a protection against wicked employers.

Learn more about Employee Retirement Income Security Act at;

brainly.com/question/1083892

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How much do child life specialists make a month :)<br> just asking...<br> for a friend
expeople1 [14]
Uhh like any other job it varies but uhh on average I’d say about $50,000 a year. But it ranges from 15,000 to 120,000. And the average hourly pay is like $16-$25 and hour.

Hope this helps!
7 0
2 years ago
Warephase Corporation has preferred stock outstanding. The stock has a 16% dividend rate. The stockâs market price is $80 per sh
alina1380 [7]

Answer:

The cost of the company’s preferred stock financing is 15.7%

Explanation:

In this question, we are asked to calculate a company’s cost of preferred stock financing.

Firstly, we calculate the annual dividend of the company.

Mathematically, that is equal to dividend rate * par value

From the question, dividend rate is 16% while par value is $75

Thus, Annual dividend is 16/100 * 75 = $12

To get the cost of preferred stock, we employ a mathematical approach.

Mathematically, cost of preferred stock = Annual dividend/(current price - floatation cost)

From the question, current price is $80 while the floatation cost is $3.5 per share.

Cost of preferred stock = 12/(80-3.5)

= 12/76.5 = 0.157

This is same as 15.7%

5 0
2 years ago
Read 2 more answers
Beginning inventory, purchases, and sales for an inventory item are as follows: Sep. 1 Beginning Inventory 23 units $16 5 Sale 1
Allisa [31]

Answer:

(a) the cost of the goods sold for the September 30 sale and

  • COGS = $415

(b) the inventory on September 30.

  • Ending inventory = 9 units at $17 = $153

Explanation:

date        transaction           units         unit price          total

1              beginning inv.        23                $16               $368

5             sale                        -13                                    ($208)

17            purchase               24                 $17               $408

30           sale                       -25                                    ($415)

30           ending inv.              9                 $17               $153

When we use first in, first out (FIFO) inventory method, the price of the units sold are calculated using the oldest units in inventory.

The COGS of the units sold on Sept. 5 = 13 units x $16 = $208

The COGS of the units sold on Sept. 30 = (10 units x $16) + (15 units x $17) = $160 + $255 = $415

Ending inventory = 9 units at $17 = $153

4 0
3 years ago
A company incurred the following costs associated with the purchase of a piece of land that it will use to re-build an office bu
elena55 [62]

Answer:

Cost of land= 564,500

Explanation:

Cost of land = Purchase price - Salvage + Demolition cost + Land preparation

= 540,000 - 22,000 + 39,000 + 7,500

= 564,500

5 0
3 years ago
An ad by the Minnesota State Tourism Department, which promotes Minnesota as a vacation destination, was published in Life Mode
goldenfox [79]

In this print ad, the source of the advertising message: <u>is the Minnesota State Tourism Department</u>.

<u>Explanation</u>:

Advertising is an activity of producing advertisements to market the goods or services. Businesses involve in advertising to promote the products or services offered by them. Advertising helps people to know about the product and their uses.

Advertising helps in increasing the sales of the product or services. The middleman service can be removed efficiently and salesmanship can be supported. The consumers can be educated easily about the product.

In the above scenario, Minnesota State Tourism Department promotes Minnesota as vacation destination by advertising.

8 0
3 years ago
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