All categories

3 years ago

What activities might require you to provide your social security nunber

2 answers:

7 0

I would say the most likely answer is starting a new job as the social security number is used to track lifetime earnings and and number of years worked and is also used for taxation purposes. In Canada, it is used as ID and in part for eligibility for employment insurance, public pensions, education and training and disability support among other things. In the US it was first introduced in 1935 as part of FDR's New Deal program to help people during the Great Depressio

elixir [45]3 years ago

4 0

<span> A)Starting a new job</span>

You might be interested in

Vivi Corporation had net income of $401,000 in 2015. The company's Common Stock account balance all year long was $267,000 ($10

Leto [7]

Answer:

2.23 is the price earnings ratio.

Explanation:

Firstly we must find the Earnings per share for this problem as it is needed to calculate the price earnings ratio so earnings per share = (Net income)/(Number of shares outstanding).

we are given net income of $401000 then to obtain number of shares outstanding for 2015 are $267000/$10 as we saw the company's common stock account balance all year long was that value of which each share has a par value of $10, then we get outstanding shares which are 26700 now we calculate the earnings per share (EPS) by using the above formula with substituting the above mentioned values :

Earnings Per Share= $401000/26700

= $15.01872659

now we will use the Price Earnings Ratio formula which is

Price Earnings Ratio = (current share price)/(earnings per share )

we have been given a current share price of $33.50 now we will use the earnings per share which was calculated above.

Price Earnings Ratio = $33.50/$15.01872659

= 2.230548628 then we round off the answer to two decimal places

Price Earnings Ratio = 2.23

4 0

3 years ago

How will a reduction in the price of cotton (a key resource to make jeans) influence the market for blue jeans?

Savatey [412]

Answer:

d. The cost of producing blue jeans will fall, and the supply curve for blue jeans will shift to the right

Explanation:

If the price of cotton falls, the cost of producing blue jeans would fall. As a result of the fall in the cost of production, more producers would be attracted to the industry and production would increase. Increase in supply of blue jeans would shift the supply curve to the right.

I hope my answer helps you

5 0

3 years ago

A local private not-for-profit health care entity incurred the following transactions during the current year. Record each of th

erastova [34]

Answer:

JOURNAL ENTRIES

a) Debit investment $160,000 Credit Unrestricted Cash $160,000

b) Debit Permanent Restrictions cash $80,000 Credit Donations received $80,000

c) Debit Medicine Asset (on hand) $25,000 Credit $25,000 Restricted cash $25,000

d) Debit Accounts receivables $600,000 Credit N.G.O Revenues $600,000

e) Debit depreciation $38,000 Credit Accumulated depreciation $38,000

f) Debit Restricted Cash $15,000 Credit Interest income $15,000

g) NO entry ( estimate and future action)

h) Medicine expense $25000 Credit Medicine asset $25000

i) Debit Restricted Cash $172,000 Credit Investment $160,000, Credit Gain on sale of investment $12,000

Debit Equipment $187000 Credit Restricted cash $187000

j) no entry ( just promises)

UNRESTRICTED CASH

a) investment - 160000

RESTRICTED CASH (TEMPORAL)

c) Medicine -25000

f) Interest +15000

i) sold investment + 172000

= 162000

Restricted cash permanent

b) Donations +80000

Explanation:

EQUIPMENT = Temporal restricted cash = 162000+25000 = $187,000

The donation's money is restricted only to donations

7 0

3 years ago

Kingbird, Inc. has the following information available for accruals for the year ended December 31, 2019. The company adjusts it

Anton [14]

Answer:

a-Dec-31. Dr Utility expense 485

Cr Utility bills payable 485

b-Jan-11. Dr Utility bills payable 485

Cr Cash 485

c-Dec-31. Dr Salary expense 3990

Cr Salary payable 3990

d-Dec-31. Dr bank 51600

Cr Loan payable 51600

e-Dec-31 Dr Interest expense 215

Cr interest payable 215

f-Dec-31 Dr Account receivable 340

Cr Service revenue account 340

g-Dec-31. Dr Cash 6840

Cr Advance Rent 6840

Explanation:

a-Utility expense incurred for the m/o Dec will be paid in Jan.

c- Salaries of 3990 will be paid on Jan of 4 days.

e-Interest expense for the m/o Dec will be (51600*5%=2580/12=215.

f-The service fee is receivable which will be paid on Jan.

g- Advance rent is received from client.

7 0

3 years ago

The amount of xylene that can be used in household paint is legally limited to 0.03 percent. Anything beyond this amount is haza

julia-pushkina [17]

Answer: B) economic responsibilities toward its shareholders

Explanation:

The primary purpose of a company is to maximize shareholder wealth. This means that it is to pursue strategy that would ensure the maximum return to its shareholders. This is also known as its economic responsibility towards shareholders.

Producing xylene-free paints reduces the dividends that are going to shareholders so it would seem that shareholder wealth is not being maximized and they are not getting the maximum return they could get so the company is violating its economic responsibilities towards shareholders. It is for a good cause though.

3 0

3 years ago