A certain bank assigns one unique number to each savings account. The amount of savings in each account depends on how much the owner deposits into the <span>account. The interest paid on each account depends on how much money is in the account. The relation that is not a function is that "</span><span>interest paid, amount in savings account."</span>
Answer:
$57,600
Explanation:
The computation of the total amount paid to preferred shareholders are shown below:
= Number of shares for preferred stock × par value × dividend rate × number of years
= 1,200 shares × $100 × 12% × 4 years
= $57,600
In case of cumulative, the number of years would be four years for dividend paid
All other information which is given is not relevant. Hence, ignored it
<h2>"Innovative" traits best describes Carol</h2>
Explanation:
Based on the given statement, Carol Bates is very much interested in grabbing the latest gadgets. It means that,
- Carol is updated
- Adaptable to change
- Have exploring capability to upgrade
- A technology savvy
- Monitors market and has good knowledge on current trends
- Self-motivated to be on track
- Has creative skills to use the latest gadgets
All the above qualities describes that Carol Bates is innovative.
Answer:Manufacturers produce or make products. They typically sell them to wholesalers or distributors that have expertise in getting products to retailers. Retailers then hold inventory and market the goods to consumers that purchase them for personal or family consumption.
Rony as the managing director of a fabric manufacturing company enjoys an employee benefit called <u>perquisites</u><u> (D)</u>.
Let's discuss each employee benefit option we have:
Novated lease is an employee benefit that allows an employer pays for its employee car lease and car runnit costs out of its employee's salary package. An employee will choose a car he wants and a novated lease arrangement is set up between the employee, employeer, and car agent. The employer then will pay directly to the car agent from the employee's salary. The employee may save tax and running costs using this kind of leasing.
Fiscal Incidence is the combined overall economic impact of both government taxation and expenditure on the real economic income of individuals. Fiscal incidence happens when the econonmic incidence of taxation is combined with the economic incidence of government expenditure. Fiscal incidence is the overall increase or decrease in welfare that individual enjoys from the state's taxing and spending policies.
Swaps is a derivative contract which stated that the two parties will exchange the cash flows or liabilities from two different financial instruments. Swaps usually are based on a notional principal amount. The most common kind of swap is an interest rate swap.
Perquisites or fringe benefits are benefits an employee received over and above his standard salary. Some of these components are taxed separately and someother are tax-exempted. Perquisites may be classified into 3 different types:
- Taxable perquisites
- Tax-exempted perquisites
- Perquisites taxable only by employee
By offering perquisites to its employee, a company may increase its employee productivity, loyalty and retention. Prequisites could also be used as an attraction for top talent.
Learn more about Employee Benefit here: brainly.com/question/12143528
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Complete Question:
Rony is the managing director of a fabric manufacturing company. In order to limit the profit of the company and therefore, the txes on the business the management pays a hefty amount to Rony as year-end bonuses. The company also pays for his family cavations and foreign trips. The benefits enjoyed by Rony are called ____
a. Novated leases
b. Fiscal incidences
c. Swaps
d. Perquisites
