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1 year ago

What are some factors that explain why people save for the future? (check all that apply.)

Business

1 answer:

nlexa [21]1 year ago

5 0

A. People save for predictable large expenses

C. People save for their children. their children.

D. People save for retirement.

this qestion is incomplete .please read below to find the missing content

What are some factors that explain why people save for the future? (Check all that apply.)

A. People save for predictable large expenses

B. People save because there are shortages of goods.

C. People save for their children. their children.

D. People save for retirement.

E. People save to avoid being too materialistic.

Retirement refers to the stage of life in which you choose to leave the workforce behind for good. In the United States and most other developed countries, the traditional retirement age is 65, many of which have some form of national pension or benefit scheme to supplement a retiree's income

What is a good retirement plan? According to AARP, a good retirement income is about 80% of your pre-retirement pre-tax income. Because when you stop working, you don't have to pay income tax or other work-related expenses. This may be good for your health. Sleep later, get some fresh air and sun, and no more devouring your meal at your desk. It's easy to imagine that leaving the office leads to healthier habits. ..

Learn more about retirement here

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Logan and Johnathan exchange land, and the exchange qualifies as like kind under § 1031. Because Logan's land (adjusted basis of

ZanzabumX [31]

Answer:

a. Logan's recognized gain is $38,600

b. Logan's recognized gain is $23,160

Explanation:

a. If the worth of the land for Jonathan is $183,350, then the gain recognized by Logan would be;

the lower of the realized gain between the amount realized of $231,600 - adjusted basis of $193,000 = $38,600

or the fair market worth of the received boot i.e $48,250.

Therefore, Logan's recognized gain is $38,600

b. Suppose Jonathan's land is worth, $208,440, then we can calculate Logan's recognized gain to be ;

the lower of the realized gain I.e amount realized of $231,600 - adjusted basis $193,00 = $38,600

or the fair market value of the received boot I.e $23,160 .

Therefore, Logan's recognized gain is $23,160

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2 years ago

Which of the following describes the function of geodemographic segmentation? It determines the type of lifestyles that consumer

Svet_ta [14]

Answer: It identifies the specific households in a market by focusing on local neighborhood areas and creates classifications of neighborhoods where people live and shop.

Explanation:

Geo-demographic segmentation is a classification technique used in marketing to discover whether the entity of a population fall into different groups by making comparing various characteristics with certain assumption.

Geo-demographic segmentation is based on principles such as:

People who live in the same neighborhood have similar characteristics.

Neighborhoods can be classified in terms of the characteristics of the population.

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3 years ago

The Keynesian link between the money market and the goods and services market is __________. Changes in the money market must af

Vsevolod [243]

Answer:

Indirect; investment.

Explanation:

John Maynard Keynes was a British economist born on the 5th of June, 1883 in Cambridge, England. He was famous for his brilliant ideas on government economic policy and macroeconomics which is known as the Keynesian theory. He later died on the 23rd of April, 1946 in Sussex, England.

The Keynesian link between the money market and the goods and services market is indirect. Changes in the money market must affect the investment market before the goods and services market is affected.

According to the Keynesian Transmission Mechanism, the link between the money market and the goods and services market is indirect; because at first, short-term interest rates are lowered by an increase in the supply of reserves and then with time both the bond and bank loan rates falls. Consequently, this would make investments and aggregate demand (AD curve shifts rightward) to rise or increase as a result of the low cost of capital for investors and by extension it boost the level of production or quantity of output (real gross domestic product or Real GDP).

This ultimately implies that, the interest rates affects the real and costs of capital (monetary changes).

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2 years ago

Ayayai Corp. uses the percentage of receivables method for recording bad debts expense. The accounts receivable balance is $200,

Ket [755]

Answer:

Option (B) is correct.

Explanation:

Amount of which adjusting entry required:

= Amount of uncollectible accounts - Balance in Allowance for uncollectible accounts

= (Balance in accounts receivable × Estimated percentage of accounts receivable to be uncollectible) - Balance in Allowance for uncollectible accounts

= ($200,000 × 4%) - $2,000

= $8,000 - $2,000

= $6,000

Therefore, the adjusting entry is as follows:

Bad debt expense A/c Dr. $6,000

To Allowance for uncollectible accounts $6,000

(To record the bad debt expense)

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3 years ago

If employees are bonded a. it means that they are not allowed to handle cash b. they have worked for the company for at least 10

Ierofanga [76]

Answer:

c. they have been insured against misappropriation of assets.

Explanation:

A company bonds its employees to protect itself against theft by its workers. Being bonded means securing the money available to customers if a claim is made against the company. Bonding offers compensation to a business should a loss arise through employee's actions.

The law requires companies that handle cash and cash equivalents such as stocks certificates to bond their employees. A company may choose from the various types of bond insurance in the market. For example, employers may use the fidelity bond to protect against employee theft.

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2 years ago