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3 years ago

10

Your friend is worried about saving enough money for college he wants to research different situations. What would you advise hi

m to do? What websites would you recommend?

1 answer:

Dvinal [7]3 years ago

7 0

Answer:

yes

Explanation:

i took that part just now

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Because of an accident Royce was involved in, his insurance company has increased his annual premium for auto insurance by 5. 2%

PSYCHO15rus [73]

Premium is often paid by people based on some kinds of services offered.

From the picture attached, we can see Royce' premiums for the previous year, which were;

Bodily injury $22.50
Property damage $144.75
Collision $275.75
Comprehensive $100

If you add all together, the total premium of the policy was $543

Note that the premiums will increase by 5.2%,

therefore, the new total premium will be = $543 x 1.052 = $571.24

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7 0

2 years ago

Sin Qua Corporation is a company listed on the stock exchange and issues corporate bonds. Which statement is most likely true?

ch4aika [34]

Answer:

Investors will have to pay tax on the interest income received from the bonds.

Explanation:

Interest earned from corporate bonds and capital gained through corporate bond transactions is taxable income. The interest earned from a corporate bond is subject to taxation by both the federal and state governments.

The government will not sell sin Qua corporation bonds as it is a public company. Bonds do not pay interest quarterly but rather semi-annually or annually. Again, the maturity of the bond is determined at the time they are issued. Creditworthiness will only affect the bond price but not its maturity period.

Investors will have to pay tax on the interest income received from the bonds is thus the correct statement.

8 0

3 years ago

Last year the Baldwin company increased their equity. In 2020 their equity was $49,131. Last year (2021) it increased to $54,834

Oduvanchick [21]

The Issue and retirement of stock, Profits of $12,805 and Dividend payment of $6,489 causes the change in equity

Basically, in accounting, the primary cause for increase in stockholders' equity is increase in retained earnings.

However, there are other factors that contributes to the change in shareholder's equity.

In conclusion, the Issue and retirement of stock, Profits of $12,805 and Dividend payment of $6,489 causes the change in equity

The missing options includes <em>"A bond issue of$1,377. Issue and retirement of stock . Profits of $12,805 . A change of plant and equipment of$9,580. Plant Improvements of $9,580 A change in short term debt of-$4,478. Depreciation of -$41,287 Dividend payment of$6,489. A change in cash of $481. An accounts payable change of$1,546. Change in inventory of-$3,472."</em>

<em />

Read more about stockholders' equity

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3 0

2 years ago

Your grandparents put $10,200 into an account so that you would have spending money in college. You put the money into an accoun

expeople1 [14]

Answer:

Monthly withdrawal = $ 231.17 per month

Explanation:

Below is the calculation:

Deposit amount in the bank = $10200

Interest rate earned by the deposit = 4.19%

Monthly interest rate = 4.19% / 12 = 0.34917%

Number of periods = 4 years x 12 = 48

Amount in the account = Monthly withdrawal x (P/A, 0.34917%, 48)

10200 = Monthly withdrawal x 44.12246

Monthly withdrawal = 10200/44.12246

Monthly withdrawal = $ 231.17 per month

5 0

3 years ago

What is the objective of the last step in the ethical decision-making framework? Multiple Choice to brainstorm any alternative c

I am Lyosha [343]

Answer:

B. To weigh the various alternatives and choose a course of action

Explanation:

The major steps involved in a proper decision-making process include; Identifying the problem, understanding the problem by obtaining the necessary information, developing alternatives, choosing the best alternative that would address the ethical issue at hand, and implementing the best alternative.

The aim of the entire process of decision-making would be faulted if at the end, a course of action is not taken. The decision made at the end of the day, should address the initial concern raised. This decision would also need to be reviewed to ensure that it is the right step.

Determining ways to maximize profit for the company may not be the issue at hand, as several factors could inform the decision making process.

5 0

3 years ago