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4 years ago

"how would the distribution of income change if social security were privatized?"

1 answer:

4 0

To make Social Security to private it would imply that it is never again an ensured framework that Americans can rely upon. Rather, it would be more similar to a benefits program, and many annuity programs have finished on the grounds that privately owned businesses have discovered them too expensive. It isn't justified regardless of the danger of such a vital program finishing or being scaled back. Individuals are extremely not going to put something aside for there retirement money..that why we have this program so when we resign we can securely realize that we have cash.

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Pedro wants to open his own business. To get a loan for the business, the bank needs him to give them some collateral. What is a

elixir [45]

Answer:

see below

Explanation:

Collateral refers to a valuable asset that a borrower offers to a lending institution to guarantee that they will repay the requested loan. Usually, collateral has a higher value than the loan amount. Collateral reduces the risk to the lender, which translates to lower interest rates.

Examples of assets that Pedro can use as collateral include.

1. Motor Vehicles

2. Properties such as land and Buildings

3. Machinery and equipment

4. Inventory

6 0

3 years ago

Earned net income of $65,000 after deducting depreciation of $8,000 and all other expenses. Current assets decreased by $7,000,

Drupady [299]

Answer:

Cash provided by operating activities is 89.000

Explanation:

The indirect method involves the adjustment of net income with changes in balance sheet accounts to arrive at the amount of cash generated by operating activities.

It depends on the account if it is added or subtracted to net income. Below you will find the added account with a plus (+) and the subtracted ones with a minus (-)

Notice the amounts of any decreases are in parentheses.

Net income 65.000

Adjustment to reconcile the net income to cash

+ Depreciation expense 8.000

+ Current assets decrease 7.000

+ Current liabilities increase 9.000

Net cash 89.000

7 0

3 years ago

1. A computer game that can be purchased online and played right away has good ___ utility. A) form. B) info. C) value. D) time

gizmo_the_mogwai [7]

1.) Out of the choices given here, a computer game that can be purchased online and played right away has good time utility. The other choices didn't seem to be a good fit for this particular question. The correct answer is D.

2.) Hours of labor or the number of workers are common ways of measuring a company's division of labor. The correct answer is A, division of labor.

6 0

3 years ago

Which financial planning document should you use to measure your current financial condition?

fiasKO [112]

Answer:

Balance Sheet / Statement of Financial position is used to measure the current financial position of the company.

Explanation:

Balance Sheet / Statement of Financial position is used to measure the current financial position of the company. It shows the value of assets liabilities and capital invested in the company. It also provides the net financial value of the company after paying all the liabilities. On the other hand the Income statement or Statement of Financial performance shows the performance of the company in a specified period of time.

3 0

3 years ago

In providing accounting services to small business, you encounter the following situations pertaining to cash sales.

Brrunno [24]

Answer:

Kindly see Explanation

Explanation:

April 10:

Dr Cash 37,800

Cr Sales 34,500

Cr Sales taxes 3,300

April 15:

Dr Cash 28,080

Cr Sales 26,000

Cr Sales taxes 2,080

Cash = 34500+3300 = 37800

Sales = 28080/1.08 = 26000

Sales tax (28080 - 26000) = 2080

5 0

3 years ago