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Alex777 [14]
2 years ago
13

A couple advises a banker that their total income includes both salary and disability payments. How should disability payments,

which are non-taxable, be analyzed in order to fairly calculate the customer’s ability to pay?.
Business
1 answer:
Korolek [52]2 years ago
5 0

The way that disability payments be analyzed in order to calculate the customer’s ability to pay are:

  • The use of SSA Notice of Award or any equivalent document “does not have a defined expiration date
  • The use of income from this source that qualifies income.

<h3>How do you calculate disabilities?</h3>

In the calculation of how much a person can receive as your disability benefit, there is the use of SSA via the use of the average amount a person have earned per month over the timeframe of their adult years, and one adjusted for inflation.

One can do so by entering your typical annual income. and this income will be adjusted to know the wage growth over a person's career.

Note that The way that disability payments be analyzed in order to calculate the customer’s ability to pay are:

  • The use of SSA Notice of Award or any equivalent document “does not have a defined expiration date
  • The use of income from this source that qualifies income.

Learn more about disability payments from

brainly.com/question/16810465

#SPJ1

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Tamon worked 40 hours this week. Assuming he makes $9 an hour, what is his gross pay?​
valentina_108 [34]

Answer:

The weekly gross pay is $ 360

Explanation:

The total number of hours for which Tamon worked in a week = 40 hours

The total amount of money made by Tamon per hour = $9

The total amount earned in the week for working for 40 hours at the rate of $9 per hour

= 40 * 9

= 360

The weekly gross pay is $ 360

8 0
3 years ago
Six months ago, Benders Gym repurchased $140,000 of its common stock. The company pays regular dividends totaling $18,500 per qu
Studentka2010 [4]

Answer:

$168,400

Explanation:

Benders Gym repurchased their common stock at the rate of $140,000

Benders Gym pays a regular dividend of $18,500 four times in a year

For a period of one year 1,200 shares was issued at the rate of $38 per share

Therefore, the amount of cash flow to the stockholders for the past one year can be calculated as follows

=[18,500×4]-[1,200×38-(140,000)]

= 74,000-[45,600-140,000]

= 74,000-[-94,000]

= 74,000+94,000

= $168,400

Hence the amount of cash flow to the stock holders for a period of one year is $168,400

7 0
3 years ago
The following inventory information was taken from the records of Kleinfeld Inc.: Historical cost $12,000 Replacement cost $7,00
irga5000 [103]

Answer:

the inventory should be recorded at $8,500

Explanation:

As we know that according to GAAP, the inventory should be recorded at a cost or net realizable value whichever is lower

So as per the question

Historical cost is $12,000

And, the net realizable value is

= Expected selling price - expected selling cost

= $9,000 - $500

= $8,500

So, the lower cost is $8,500

Hence, the inventory should be recorded at $8,500

5 0
3 years ago
You manage a farm equipment supply store in iowa. Use the price of soybean futures as a signal, an incentive, and as a source of
vlada-n [284]

You manage a farm equipment supply store in iowa. Use the price of soybean futures as a signal, an incentive, and as a source of information to help make better business decisions by answering the following questions. Soybean futures are option C. contracts where a buyer agrees to purchase soybeans at a specific time in the future.

The price of soybean futures has increased over the last three months. as a soybean equipment supplier, how you would respond is that A higher futures price indicates that farmers expect to be able to sell soybeans at <u>higher</u> price in the future. You should <u>increase</u> the amount of soybean farming equipment you plan on supplying to the market.

<h3>Who is a store manager?</h3>

A store manager also known as a retail manager is the person powerfully responsible for the every day activities (or management) of a retail store. All employees working in the store report to the retail/store manager. A store manager reports to a district/area or general manager.

Therefore, the correct answer is as given above

learn more about store manager: brainly.com/question/28219371

#SPJ1

6 0
1 year ago
A manager oversees that employees complete jobs on time and follow policies.
Kitty [74]
Okk whats the rest...................... that means that the employs are great <span />
6 0
3 years ago
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