Answer:
The simple rate of return on the investment is closest to: C. 10.6%
Explanation:
In Hartong Corporation:
Increasing net income = Increase sales revenues - Cash operating expenses - Annual depreciation expense = $185,000 - $89,000 - $52,000 = $44,000
This is the net income from the equipment per year
Return on the investment (ROI) is calculated by using following formula:
ROI = (Net income/Cost of investment
)x 100%
Cost of investment = Cost of equipment = $416,000
ROI = ($44,000/$416,000) x 100% = 10.6%
A for-profit institution that works with the general public to open and manage savings accounts is known as a(n) savings bank.
Answer: C. savings bank
Based on the salary that Joy earns and her deductions, the total annual deductions are:
- Medical insurance - $5,616
- Dental insurance - $576
- 401 (K) - $2,292.90
- Additional withholding - $1,608
<h3>What are Joy's deductions?</h3><h3 />
Joy is paid semimonthly which means twice a month. In a year she is paid:
= 12 x 2
= 24 times
The annual medical insurance is:
= 238 x 24
= $5,616
The annual dental is:
= 24 x 24
= $576
The 401(k) is:
= 6% x 38,215
= $2,292.90
The additional withholding is:
= 134 x 12
= $1,608
Find out more on salary deductions at brainly.com/question/2150780.
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Insurance is a method of defense when it comes to managing your money according to Dave because it prevents you from incurring more debt.
<h3>How does insurance defend your money?</h3>
According to Dave Ramsey, a defense method in managing your money is one that helps you reduce or avoid debt.
Insurance is therefore a defense for managing your money because it saves you from having to incur debt when you pass through a dangerous situation because the insurance will pay out instead of you having to borrow.
Find out more on the purpose of insurance at brainly.com/question/1941778.
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The results of the survey will most likely suffer from wording bias.
Wording bias:
Wording bias, also called question-wording bias or “leading on the reader” (Gerver & Sgroi, 2017) happens in a survey when the wording of a question systematically influences the responses (Hinders, 2019).
Is wording bias a type of response bias?
Wording bias can come into effect here as well
This type of bias influences the entire gamut of responses from individual or multiple participants.
For instance, if the researcher knows the participant personally, even greeting them in a friendly manner can have a subconscious effect on the responses.
Learn more about this here:
brainly.com/question/28178415
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