Answer:
<u>Bottom up budgeting</u>
Explanation:
In Techsorrd Inc. the leads of the technical team , support team, and marketing team anticipate the resource needs for their respective departments and send them to the top management for approval. In this scenario, Techsorrd Inc. is most likely using <u>Bottom up budgeting.</u>
The budgeting in which the cost of all individual department is determined and then cost of all department is total up.
Bottom up budgeting helps in <em>accuracy and accountability</em> of the budget. It also <em>helps in motivating the employees.</em>
Answer: 12,000
Explanation:
Given that,
Stockholder's equity at the beginning of the year = 70,000
Stockholder's equity at the end of the year = 60,000
Dividends = 22,000
Net Income = Ending Balance + Dividends - Beginning Balance
= 60,000 + 22,000 - 70,000
= 12,000
Therefore, the net income for the year was 12,000.
Martin is likely to see credits and debits appear on the closing statement. since he is looking at his Closing Disclosure.
<h3>What is closing disclosure?</h3>
Closing disclosure is a document which gives full information about loan taken by an individual or institution.
In other words, closing disclosure provides final details about the mortgage loan you have selected.
Contents of closing disclosure are:
- Loan fees
- Interest rate
- Purchase price
- Projected payment
Learn more about closing disclosures here: brainly.com/question/4375643
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Answer:
The correct answer for the following question is $1951.
Explanation:
FICA is know as Federal insurance contribution act, which is a federal law, that requires employer to withhold three distinct taxes from the wages of the employee. They're -
1) A social security tax which is 6.2%
2) Medicare tax which is 1.45%
3) Medicare surface tax of .9%, which is to be paid by a person who has income over $200,000
As the Asteria income is $25,500, she will not pay the last medicare surface tax, but she will pay both social security tax and medicare tax.
Social security tax = $25,500 x 6.2%
= $1581
Medicare tax = $25,500 x 1.45%
= $370
So the total amount withheld from her - $1581 + $370
= $1951
Answer:
1.90%
Explanation:
For TIPS provide rate of real rate,
Inflation rate=return on T bond-return on TIPS-maturity risk premium and it is equal to
= 5%-2.10%-1%=1.90%.
Therefore the expected rate of inflation over the next 10 years is 1.90%
