1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Shtirlitz [24]
3 years ago
10

Lori, a self-employed pediatrician, currently earns $200,000 annually. Lori has been able to save 15%of her annual Schedule C ne

t income. Assume that Lori paid $19,000 in social security taxes, and that she plans to pay off her mortgage at retirement, thereby relieving her of her only debt. Lori presently pays $4, 333.33 per month toward the mortgage. Based on the information provided herein, what do you expect Lori's wage replacement ratio to be at retirement?
41.0%.
49.5%.
59.0%.
67.0%.
Business
1 answer:
Dafna11 [192]3 years ago
7 0

Answer:

49.5%.

Explanation:

% of salary towards social security tax = (19000/200,000)*100

                                                                = 9.5%

% of savings = 15%

Yearly mortgage payments = 4333.33*12

                                              = 52000

% of mortgage payments = (52000/200,000)*100

                                          = 26%

Replacement ratio = 100% - ( 9.5% + 15% + 26%)

                               = 49.5%

Therefore, You would expect Lori's wage replacement ratio to be 49.5% at retirement.

You might be interested in
Lower inventory levels Group of answer choices make processes less dependent on each other while revealing bottlenecks more quic
Nat2105 [25]

Answer:

The correct answer will be "more dependent on each other while revealing bottlenecks more quickly".  

Explanation:

  • Maintaining low inventory rates seems to be a common goal for businesses around logistics as well as inventory. Inventory needs supervision and is responsible for the costs.
  • A traditional inventory manager could use the level of inventory including the sale of products and services to assess the best period whether to produce more, whether they control the manufacturing of a supplier, as well as to acquire more when the commodity is kept as stock in something like a department store.
8 0
2 years ago
Check on concentration of economic Power​
ZanzabumX [31]

What's your question?

8 0
2 years ago
For each of the following scenarios, determine if it is an indicator of potential cash flow problems: (Hint: Review Chapter 5 Po
inn [45]

Answer:

a) yes

b) no

c) yes

d) no

Explanation:

a) if the A/R balance grow higher than the sales is an indicator that our collection cycle increase thus, customer extend their financiation providing less cash flow

b) this is the opposite as (a)  here we extend our financing agaist our suppliers. The payment cycle increases thus, decreasing the overall cash demand

c) If the assets were puirchased on cahs a huge amount was used alrady affecting the liquidity of the company.

If the company finance the purchase of the long term assets, in the future the company will have to dedicate a portion of their future cahs flow to pay up interest and principal which is what we should analize; wether or not the company will have difficulties in the future and the answer is yesin both scenarios.

d) no. It will not, as marketable securities are generally short-term and easily converted into cash in the short term. They do not generate cash flow problems in the long run as the company can sale them anytime to obtain cash.

6 0
3 years ago
Which of the following allows the insurer to relieve a minor insured from premium payments if the minor's parents have died or b
loris [4]

Answer:

The correct answer is a) Payor Benefit

Explanation:

When the payor dies or becomes disabled, the insurer will suspend the premiums until the child reaches 19 years old, the child must be under age 18, or up to age 19 and still attending high school. Usually, the payor is a parent (father, mother, brothers).

4 0
2 years ago
​you consider the situation, roll up your sleeves, and get to work. what should be the first step you take in obtaining the info
Alina [70]
The first step would be: define the problem that needs to be solved.
Before we started colelcting information, we need to distinguish which type of information would be considered as 'relevant' and could aid us in achieving our goals. In climbing the Esports industry, this could involve most efficient way of training, nutrition necessary to icnrease gaming concentration, the strength of competitors, etc.
5 0
3 years ago
Other questions:
  • Jones Retail. had the following balances and transactions during 2017:
    7·1 answer
  • What global trend is evident with regard to alcohol? affluent nations have more abstainers and abusers than low-income nations.
    12·1 answer
  • Examples of conjunctive communication include (1) "Relating to what you just said, I'd like to discuss this." (2) "... so, that'
    7·1 answer
  • You are an industry You are an industry analyst that specializes in an industry where the market inverse demand is P = 200 - 5Q.
    10·1 answer
  • The Riteway Ad Agency provides cars for its sales staff. In the past, the company has always purchased its cars from a dealer an
    10·1 answer
  • Was the industrial "revolution" inevitable, or could americans have maintained a more agricultural economy?
    9·1 answer
  • A hardware buyer plans to purchase 75 ladders which will retail for $35 each. He has already placed an order for 48 ladders at $
    5·1 answer
  • The following information is available for Lock-Tite Company, which produces special-order security products and uses a job orde
    14·1 answer
  • 50 points <br><br>add my discord avani.#2956
    15·2 answers
  • True or false: the interval measure indicates how long a start-up company can operate until it needs more financing.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!