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3 years ago

What activities might require you to provide your social security number?

1 answer:

3 0

U.S. citizens, permanent residents and eligible nonimmigrant workers in the United States have nine-digit Social Security numbers (SSNs) used to report wages to the government, track Social Security benefits and for other identification purposes. The SSN was created in 1936 for the sole purpose of tracking the earnings histories of U.S. workers,

The following activity might require you to provide your social security number: Starting a new job. Correct answer: A

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1. Given the nominal interest rate of 17% and the expected inflation of 13%, then the value of the real interest rate is ___ ?

Veronika [31]

Answer:

According to fisher equation

(1+nominal Interest rate)=(1+real interest rate)(1+inflation)

1) So 1.17=(1+R)(1.13)

1+R=1.17/1.13

R=1.035-1

R=0.0353

Real interest rate = 3.53 percent

2) (1+NIR)= 1.03*1.04

1+ NIR= 1.072

NIR= 0.072

Nominal interest rate = 7.2 percent

A lender prefers a higher real interest rate as he will earn more money on the amount he has lend if the real interest rate is higher.

A borrower will prefer a lower real interest rate as he will have to pay lower interest payments on an amount if the real interest rate is lower.

Explanation:

6 0

3 years ago

An amount of $2,500 is deposited in a savings account that earns 2.5% interest. Which is the future value

Lynna [10]

Answer:

$3,208

Explanation:

The computation of the future value is shown below;

As we know that

Future valie = Present value × (1 + rate of interest)^number of years

where

Present value is $2,500

Rate of interest = 2.5% ÷ 4 = 0.625%

And, the time period is = 10 × 4 = 40

So, the future value is

= $2,500 × (1 + 0.625%)^40

= $3,208

5 0

2 years ago

An appraiser has just completed a search of the records for comparable residential properties that have sold within the last six

BigorU [14]

I believe the Appraier is using: <span>Direct Sales Comparison Approach (mostly used with residential properties.
Direct sales comparison approach is an appraisal method that being done by comparing the sales that happen between similar properties/products to determine the value of that properties/productss</span>

8 0

3 years ago

Toby operates a small deli downtown. the deli industry is monopolistically competitive. toby says he is producing the quantity t

evablogger [386]

Here is the answer that completes the statement above.
Regarding the situation of Toby who runs a small deli downtown, if he is already maximizing his profits, therefore, we can say that the number or amount of delis will soon increase or rise. Hope this answers your question.

5 0

3 years ago

Meiji Isetan Corp. of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisio

abruzzese [7]

Answer:

Please check the info below

Explanation:

1. For Osaka

Margin = Net Operating Income / Sales *100

= $ 792000 / $9900000 *100

= 8.00%

Turnover = Sales / Average Operating Assets * 100

= $ 9900000 / $ 2475000 * 100

= 4.00%

ROI = Margin * Turnover

= 8% *4 %

= 32.00%

Hence the correct answer is 32.00%

For Yokohama :

Margin = Net Operating Income / Sales *100

= $ 2900000 / $ 29000000*100

= 10.00%

Turnover = Sales / Average Operating Assets * 100

= $ 29000000 / $ 14500000* 100

= 2.00%

ROI = Margin * Turnover

= 10% *2 %

= 20.00%

Hence the correct answer is 20.00%

2. The correct answer is

Osaka = $ 371,250

Yokohama = $ 435,000

3. The correct answer is No

This is because since Osaka has a higher ROI, Yokohama’s greater amount of residual income is not an indication that it is better managed

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3 years ago