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VikaD [51]
2 years ago
11

For retirement planning purposes, financial advisors often suggest that retirees have an income source that provides about _____

________ percent of their wages when they were working.
Business
1 answer:
Bumek [7]2 years ago
5 0

For retirement planning purposes, financial advisors often suggest that retirees have an income source that provides about <u>70 </u>percent of their wages when they were working.

<h3>What is  retirement planning?</h3>

Retirement planning can be defined as the way of planning ahead of your retirement by either saving or investing so as to have something to fall back to after retirement.

Hence,  financial advisors often say  that retirees must have a source of  source that will  provides about 70 percent of their wages when they were working so as to live at a  comfortable level after retirement.

Learn more about Retirement planning here:brainly.com/question/3090325

#SPJ1

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The common stock of Ecolab pays an annual dividend of $1.84 a share. The company has promised to maintain a constant dividend re
vladimir2022 [97]

Answer:

$13.53

Explanation:

Data provided in the question:

Annual dividend per share, D0 = $1.84

Cost of capital, ke = 13.6% = 0.136

Now,

since,

the dividend remains the constant, the growth rate (g) of the dividend will be 0%

Also,

Current price = [ D0 × ( 1 + g ) ] ÷ [ ke - g ]

= [ $1.84 × ( 1 + 0% ) ] ÷ [ 13.6% - 0% ]

= $1.84 ÷ 0.136

= $13.53

8 0
4 years ago
A transportation firm whose services are available to all shippers is a common carrier.
Ivahew [28]
I believe the answer is b
6 0
4 years ago
Okay so this is the subscription I have for brainley is this gonna cost me money? I signed up for the 7 day free trial and after
igor_vitrenko [27]

Answer:

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Explanation:

3 0
4 years ago
Herring Corporation has operating income of $265,000 and a 25% tax rate. The firm has short-term debt of $110,000, long-term deb
MAVERICK [17]

Answer:

21 %

Explanation:

Return on invested capital is one of the profitability ratios.  It measures the returns investors get from their capital investments. ROIC shows efficiency in the use of capital.

the formula is as follows

ROI =( Net income - Dividends ) / ( Debt + Equity )

in this case:

Income = 265,000

debts 110,000 + 349,000= 459,000

equity = 459,000

Net income = 265,000 -(25% x 265,000)

265,000- 66,250= 198,750

ROIC = 198,750/459,000+459,000

=198,000/918,000 x 100

=21 %

3 0
4 years ago
Structural unemployment Multiple Choice is also known as frictional unemployment. is the main component of cyclical unemployment
Mamont248 [21]

Answer:

may involve a locational mismatch between unemployed workers and job openings

Explanation:

Structural unemployemt refers to unemployment resulting out of structural changes of the economy such as technological changes which change the dynamics of how work is performed.

This represents a mismatch between the kind of skills workers possess and the skills the economy demands and requires.

Such unemployment is also attributable to a situation wherein, in a particular region, jobs are available but the unemployed workers live too far away from such regions. This is referred to as locational mismatch, one of the causes behind structural unemployment.

7 0
3 years ago
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