Answer:
49.5%.
Explanation:
% of salary towards social security tax = (19000/200,000)*100
= 9.5%
% of savings = 15%
Yearly mortgage payments = 4333.33*12
= 52000
% of mortgage payments = (52000/200,000)*100
= 26%
Replacement ratio = 100% - ( 9.5% + 15% + 26%)
= 49.5%
Therefore, You would expect Lori's wage replacement ratio to be 49.5% at retirement.
Answer:
The main determinant of profit is in any business is the number of production units.
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Explanation:
Answer: Write a business plan
Explanation: He would be advised to write a business plan because it is a very important strategic tool for entrepreneurs. A good business plan helps entrepreneurs to focus on the specific steps necessary for them to make business ideas succeed. It also aids them to achieve both their short-term and long-term goals.
A. start by stating your purpose and what you expect of the reader for writing more effectively for business purposes
A business purpose explains the motivation for the founding of a company. It outlines both the goals of the company and what makes it special. A company purpose is substantially shorter than both a mission statement and a value statement.
A corporation may really advance if its objective is well-defined and expressed. Purpose encourages innovation, improves brand trust and loyalty, helps determine long-term business strategy, and ultimately helps a firm endure the test of time. It also creates a larger competitive edge and differentiation in the marketplace.
Learn more about business purposes here:
brainly.com/question/14326129
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