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Andrew [12]
3 years ago
12

What happens to the surplus payroll taxes generated by social security? the surplus money is deposited into individual workers'

personal savings accounts. the surplus money is used to buy u.s. treasury notes. the surplus money is deposited into supplemental retirement accounts for current beneficiaries. the surplus money is deposited into the general fund. none of the above?
Business
1 answer:
Dima020 [189]3 years ago
4 0
What happens to the surplus payroll taxes generated by social security? T<span>he surplus money is used to buy U.S. treasury notes. Payroll taxes are taxes that employers or employees have taken out of their checks. These are a calculated percentage based on what they make or what an employer pays an employee. When extra funds are collective by social security they go into U.S. treasury notes. U.S. treasury notes are issued by the U.S. Treasury and is used as currency.</span>
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1. You are evaluating the purchase of HypeToys, Inc. common stock that just paid an annual dividend of $1.80. You expect the div
Arte-miy333 [17]

Answer:

$36.65

Explanation:

D1 = D*(1+g)

D1 = 1.8*(1+0.12)

D1 = 1.8(1.12)

D1 = $2.016

Price of stock P = D1 / (re - g)

Price of stock P = $2.016 / (0.175 - 0.12)

Price of stock P = $2.016 / 0.055

Price of stock P = $36.654545

Price of stock P = $36.65

So, $36.65 is the most that i will be willing to pay for the common stock if i am to purchase it today.

5 0
3 years ago
Unibronx is a company that manufactures inverters. It does extremely well in the market in its first year of business—its sales
Nastasia [14]

Answer:

C) product life cycle

Explanation:

A product life cycle has 4 stages:

  1. introduction: a new product is introduced to the market usually with a marketing campaign
  2. growth: the demand and the sales of the new product start to rise
  3. maturity: the product is well known with a steady demand but new competitors enter the market
  4. decline: the sales start to decline and the product loses market share

Unibronx's inverter is a mature product.

3 0
3 years ago
Flint Corporation purchased from its stockholders 5,200 shares of its own previously issued stock for $254,800. It later resold
Marizza181 [45]

Answer:

The journal entries are as follows:

(i) Cash A/c(1,825 × $52) Dr. $94,900

      To Treasury stock(1,825 × $49)            $89,425                      

      To paid in capital from Treasury stock(1,825 × $3)  $5,475

(To record the purchase at $52)

(ii) Cash A/c(1,825 × $47) Dr. $85,775

    paid in capital from Treasury stock(1,825 × $2) A/c Dr.  $3,650

              To Treasury stock(1,825 × $49)    $89,425

(To record the purchase at $47)

(iii) Cash A/c(1,550 × $41) Dr. $63,550

    paid in capital from Treasury stock A/c Dr. $1,825

    Retained earnings A/c (1,550 × $8) Dr. $10,575  

                   To Treasury stock(1,550 × $49)    $75,950

(To record the purchase at $41)                      

3 0
3 years ago
Last year, The Pizza Joint added $6,230 to retained earnings from sales of $104,650. The company had costs of $87,300, dividends
Dmitrij [34]

Answer:

$2,503 = Depreciation Expense

Explanation:

Net profit = $6,230 that is amount added to retained earnings.

Net profit = Sales - Cost - Depreciation - Interest - Taxes - Dividends

Sales = $104,650

Costs = $87,300

Interest = $1,620

Earnings before depreciation and taxes = $104,650 - $87,300 - $1,620 =  $15,730

Earnings after interest depreciation and taxes = $6,230 + $2,500 = Net profit + Dividend = $8,730

Therefore

(15,730 - Depreciation) - (15,730 - Depreciation) \times 34% = $8,730

$15,730 - Depreciation - ($5,348 - 0.34 Dep) = $8,730

$10,382 - 0.66 Depreciation = $8,730

$1,652 = 0.66 Depreciation

$2,503 = Depreciation Expense

7 0
3 years ago
The type of control system that only be succsseful in attining systrms' objective if we know with certinty the events that take
cricket20 [7]

Answer: Management control system

Explanation:

Management control system could be defined as a system that collects and uses information to analyze the performance of different organizational resources like human, physical, financial considering them all together in the light of organizational strategies pursued. It looks at comparing performances with the standards, plans or objective of the organization to determine if they are line with standards.

6 0
3 years ago
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