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Nookie1986 [14]
1 year ago
11

dina and charles are married, under the age of 65, and have two children under the age of 18. charles works full time and earns

$18,000, while dina works part time and earns $10,000. thus, in total, their family income is $28,000. are charles and dina living in poverty?
Business
1 answer:
BlackZzzverrR [31]1 year ago
7 0

Answer:

Yes.

Explanation:

The federal poverty threshold for a family of 4 is $38000, and Dina and Charles earn a combined annual salary of $28000 which is below the threshold.

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In a high-work system, a firm's technology, organizational structure, people, and processes work together seamlessly. This results in the firm having an advantage in the competitive environment performance.

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3 0
2 years ago
Rachel McGovern bought a 10-year bond for $921.77 seven years ago. The bond pays a coupon of 15 percent semiannually. Today, the
trasher [3.6K]

Answer:

17%

Explanation:

Purchase price of bond = $921.77

Years investment held = n = 7

Coupon rate = C = 15%

Frequency of payment = m = 2

Annual coupon = $1,000 × (0.15/2) = $75.00

Realized Yield = i

Selling price of bond = PB = $961.22

The realized rate of return is approximately 16.6 percent. Using a financial calculator provided an exact yield of 16.625 percent.

5 0
3 years ago
Hat's accounting records showed the following:
levacccp [35]

Answer:

D. $55,000

Explanation:

Sales = 250,000

Gross Profit = 250,000 x 40% = 100,000

Cost of goods sold = 250,000 - 100,000 = 150,000

Cost of good sold = Opening Inventory + Purchases - Closing Inventory

150,000 = 35,000 + 200,000 - Closing Inventory

150,000 = 235,000 - Closing Inventory

Closing Inventory = 235,000 - 150,000

Closing Inventory = 85,000

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3 years ago
The Planning process team is progressing. The team has involved a number of expert opinions in trying to approximate the costs n
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Answer:

Chart of accounts.

Explanation:

Chart of account set up the codes which is used to determine the project cost. Under chart of account each account is assigned unique number and name. Example of chart of accounts include balance sheet accounts, asset accounts, liability accounts, revenue accounts, expenditure accounts, etc.

Chart of account is usually used by an organization to show that what amount of money is received or spent by each class of items. By segregating expenditure, revenues, liability, assets, etc. it provide better understanding to an organization about financial health.

8 0
3 years ago
Which person makes original journal entries in the general ledger and reporting system about events such as dividend payments an
Nina [5.8K]

Treasurer-person makes original journal entries in the general ledger and reporting system about events such as dividend payments and payments to creditors

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The Treasurer of the United States has direct oversight over the U.S. Mint, the Bureau of Engraving and Printing and Fort Knox and is a key liaison with the Federal Reserve. In addition, the Treasurer serves as a senior advisor to the Secretary in the areas of neighborhood development and public engagement.

<h3>Why is it referred to as a Treasurer?</h3>

Originally the phrase referred to the individual in charge of the treasure of a noble; however, it has now moved into wider use. In England at some stage in the seventeenth century, a function of Lord High Treasurer was used on a number of events as the 0.33 remarkable officer of the Crown.

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He is the individual accountable for controlling monetary complications, making reports, recording finances, and managing the have confidence financial institution accounts.

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