Ask question

Ask question

All categories

3 years ago

11

1. Think about the phrase "a financially secure retirement." In two to three sentences, describe what a financially secure retir

ement consists of.

1 answer:

miss Akunina [59]3 years ago

7 0

Answer: Having peace of mind

Explanation:

Financial security retirement plan consist of the following;

Making savings automagical.

Control your impulse spending.

Evaluate your expenses, and live frugally.

Invest in your future.

You might be interested in

You save $5,000.00 and invest 60% of it in stocks while leaving the rest in a savings account earning a 4.9% APR. The stock incr

LiRa [457]

Amount invested in stocks 5,000 X 0.60 = 3,000

After one year gains 9%
3,000 X ( 1 + 0.09) = 3,270

After second year loses 4%
3,270 X ( 1 - 0.04) = 3,139.2 amount after second year

So Stocks gained 139.2 ( 3139.2 - 3000)

Amount of saving account
5,000 X 0.40 = 2,000

After 2 years
2,200 X ( 1 + 0.049)^(2) = 2,200.802

So gained 200.802 (2200.802 - 2000)

Total amount after 2 years
3,139.2 + 2,200.802 = 5,340.002

Gained 340.002 (5340.002 -5000)

7 0

3 years ago

As Bart Brownlee approached retirement, he decided the time had come to invest some of his nest egg in a conservative fund. He c

Lunna [17]

Answer:

$1,487.5 is the amount of commission (load) Bart must pay

Explanation:

Commision to be paid :

which is equal to

=$35000*4.25%

which is equal to

=$1487.5.

3 0

3 years ago

joelle consumes food and clothing. for incomes near her current income, her income expansion path is negatively sloped. indicate

tekilochka [14]

Joelle consumes food and garb. for earning near her modern-day income, her earnings expansion direction is negatively sloped. <u>Increasing </u><u>much less of 1 god whilst profits growth implies consuming extra of the opposite three .at the least one proper must be every day.</u>

The term “profits” commonly refers to the quantity of money, property, and different transfers of price acquired over a set time period in change for products or services. there may be no unmarried, preferred definition: earnings are described consistent with the context in which the idea is used.

Three of the main varieties of profits are earned passive, and portfolio. Earned income consists of wages, salary, tips, and commissions. Passive or unearned earnings may want to come from condominium homes, royalties, and restricted partnerships. Portfolio or funding income includes interest, dividends, and capital gains on investments.

Learn more about capital investments here:-

brainly.com/question/20360874

#SPJ4

7 0

1 year ago

Phionia Phelps has developed a gourmet cat food. Not only is this food eagerly eaten by the most finicky felines, but it is spec

pickupchik [31]

Answer:

Explanation:

a.

Sales budget = $ 250 per case * 100 cases per batch * 6 batches per day * 20 days a month * 6 months

= $ 18,000,000

b. Production budget in units = 100 cases per batch * 6 batches per day * 20 days a month * 6 months

= 72,000 cases

Production budget including 10 percent inventories

= 72000 + 100*6*20*10%

= 73200 cases

c. Direct materials purchases budget in pounds including 5% inventories

Lamb = 5 pounds per case * (73200 cases + 100*6*20*5% cases )

= 369,000 pounds

Rice Lamb = 10 pounds per case * (73200 cases + 100*6*20*5% cases )

= 738,000 pounds

Salmon = 2 pounds per case * (73200 cases + 100*6*20*5% cases )

= 147,600 pounds

Vitamins = 1 pound per case * (73200 cases + 100*6*20*5% cases )

= 73,800 pounds

d. Direct materials purchases budget in dollars = 369000*15 + 738000*1.2 + 147600*24 + 73800*45

= $ 1,328,400

e. Manufacturing labor budget in dollars = 1 hours per batch * 6 batches per day * 20 days per month * 6 months * ($ 18 per hour for ingredient preparation + $ 24 per hour for cooking and canning ) * 2 workers

= $ 60,480

2. The business requires an investment of $ 1,328,400 + 60,480

= $ 1,388,880 over six months.

This translates to monthly investment of $ 231,480

Therefore $ 50,000 investment is too small to begin with.

8 0

3 years ago

Malcolm Figueroa is a sales employee of Carefree Pools and Spas, Inc. During 2017, he was issued a company car with a fair marke

nlexa [21]

Answer:

Check the explanation

Explanation:

As per publication 15-b Of employers tax guide fringe benefits provides you how to use lease value rules and when to use , The following question is answered according to it

Employee Name : Malcolm Figueroa

Annual Lease Method :

1 Fair market value of vehicle 35000

2 Annual lease value : 9250

3 Prorated Annual lease percentage 3600 / 22000 = 16.3636%

4 Prorated Annual lease Value: Annual lease value * Prorated Annual lease percentage = $

9250 * 16.3636% = 1513.633$

5 iF FUEL PROVIDED BY EMPLOYER ENTER MILE 3600 * 5.5cents = 198$

Total fuel charges = 198$

6 Total personal Use Taxable income 1513.633 + 198 = $1711.633

Kindly check the attached image below to see the well arranged accounting entry above.

First we will find the annual lease value from table given by using fmv of automobile i.e for 35000 its 9250

Now we will Multiple annual lease value by % of personal driven by employee

which is calculated by 3600/22000*100= 16.3636%

9250*16.3636%= 1513.633

So this the personal usage vehicle which will be added = $1513.633

And we will add the fuel cost to this amount which is = 3600*5.5cents= $198

total personal use taxable = $1711.633

3 0

3 years ago

Read 2 more answers