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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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Match each of the definitions that follow with the appropriate investment term.
Ilia_Sergeevich [38]

Answer:

F - QUESTION 1

B    - 2

E    -  3

I      - 4

A     - 5

H     - 6

G    -  7

C    -  8

J    -  9

D    - 10

8 0
3 years ago
true or false: the profit margin is the financial gain from a sale after the costs of providing the sold product have been deduc
kotykmax [81]

The profit margin is the financial gain from a sale after the costs of providing the sold product have been deducted. Thus, the statement is true.

<h3>What is the profit margin?</h3>

Profit margin is the portion of sales that a company keeps after all costs are subtracted. It essentially displays the percentage of each dollar of sales that is kept as profit. A 15% profit margin, for instance, means that a company keeps $0.15 from every dollar of sales produced.

Comparing the firm's operations to those of a best-in-class company, maybe in a different industry, is another way to increase your profit margin. This comparison could point out several operational tweaks that could be done to raise profit margins.

Learn more about profit margin, here:

brainly.com/question/16999019

#SPJ1

6 0
1 year ago
A store manager must decide how many rug cleaners to rent to customers. The manager estimates that the first would yield $200 a
Harrizon [31]

Answer:

The store manager must decide to buy 3

Explanation:

Given that:

  • The first:  $200 a year
  • The second $150
  • The third $75,
  • The fourth $50
  • Interest rate is 12 percent
  • Investment: $500

As we know that the rate of return will be: Income / Investment

So the rate of return of:

  • The first:  $200 / $500 = 0.4 = 40%
  • The second $150 / $500 = 0,3 = 30%
  • The third $75 / $500 = 0.15 = 15%
  • The fourth $50 / $500 = 0.1 = 10%

Only three rug cleaners have the rate of return greater than the interest rate so the store manager must decide to buy 3

5 0
3 years ago
Becker Bikes manufactures tricycles. The company expects to sell 520 units in May and 650 units in June. Beginning and ending fi
Kitty [74]

Answer:

The budgeted variable overhead for May is $5,335

The budgeted variable overhead for June is $7,260

The budgeted fixed overhead for both May and June is $11,500 per month

Explanation:

First we have to determine how many tricycles does Becker Bikes expects to manufacture during May and June:

May:

beginning inventory May           180

expected sales May                   520

ending inventory May                 145

Becker is planning to manufacture 485 tricycles (= 520 + 145 -180)

June:

beginning inventory May           145

expected sales May                   650

ending inventory May                 155

Becker is planning to manufacture 660 tricycles (= 650 + 155 -145)

The budgeted variable overhead for May = 485 tricycles x $11 per tricycle = $5,335

The budgeted variable overhead for June = 660 tricycles x $11 per tricycle = $7,260

The fixed overhead for both May and June is $11,500 per month

8 0
3 years ago
There are only two consumers in a market, Harry and Hermione. Harry is willing to buy 12 magic wands when the price is $20 per w
Blizzard [7]

Answer:

The answer is 14

Explanation:

8 0
2 years ago
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