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lesya [120]
2 years ago
6

David retires at the age of 70, the last year he worked he earned $40,000 and his social security payments for the first ear tot

al $20,000. What is his replacement rate
Business
1 answer:
Maru [420]2 years ago
6 0

If David retires at the age of 70, the last year he worked he earned $40,000. His replacement rate is: 50%.

<h3>Replacement rate</h3>

We would be using this formula to determine the replacement rate

Replacement rate=Social security payments/Amount earned last year ×100

Where:

Social security payments=$20,000

Amount earned last year=$40,000

Let plug in the formula

Replacement rate=$20,000/$40,000

Replacement rate=0.5×100

Replacement rate=50%

Therefore If David retires at the age of 70, the last year he worked he earned $40,000. His replacement rate is: 50%.

Learn more about replacement rate here:brainly.com/question/24259069

#SPJ1

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3 years ago
A client wishes to update their legacy system even though there have been no
maksim [4K]

If the client has not suffered any attacks, why is it still necessary to update their system because only businesses with older systems are targeted by attackers.

<h3>Why is it important to have a new security system?</h3>

Updates to systems, accounts, systems, and applications aren't just requested when there's a security breach on the system; in the case of apps or programs, the addition of new features and bug patches may prompt a developer update.

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4 0
2 years ago
Sunland Company purchases $50,400 of raw materials on account, and it incurs $61,300 of factory labor costs. Journalize the two
lisabon 2012 [21]

Answer:

A. Mar 31

Dr Raw materials $50,400

Cr Account pay $50,400

B. 31

Dr Factory labour $61,300

Cr Factory wages $61,300

Explanation:

Preparation of the Journal entries for Sunland Company

A. Since we were told that the company purchases the amount of $50,400 of raw materials on account this means that the transaction will be recorded as:

Mar 31

Dr Raw materials $50,400

Cr Account pay $50,400

B. Based on the information given we were told that the company incurs the amount of $61,300 of factory labor costs this means that the transaction will be recorded as:

31

Dr Factory labour $61,300

Cr Factory wages $61,300

6 0
4 years ago
Assuming Digby’s current market share for its Drat product remains the same, how many units of Drat should Digby expect to sell
marshall27 [118]

Available Options Are:

A. 401 units

B. 294 units

C. 441 units

D. 305 units

Answer:

Option C. 441 Units

Explanation:

The first thing would be to analyze the situation. It is crystal clear in the Accessibility Elite table that the accessibility of Digby products are 2nd largest among the rival companies.

Now we will look at whether the company has taken advantage of its second largest accessibility position or not. This can be seen in Actual Vs Potential Market Share table. The units produced were sold in the year which means that the accessibility of the product is even more than its rivals as the market share captured in the year by Digby is above 40%. This means that their is an increased demand for Digby's Product. This can also be seen by segment growth rate in the Elite Statistics (Top Left Corner) which is anticipated to be at 16%.

All these things says that Digby must produce as much as possible, hence quantity would be a greater number.

3 0
3 years ago
Which of the following pieces of information is NOT commonly collected on a job application?
laila [671]

Answer:

The answer to this question is A

8 0
3 years ago
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