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V125BC [204]
3 years ago
10

Pam retires after 28 years of service with her employer. she is 66 years old and has contributed $68,250 to her employer's quali

fied pension fund. she elects to receive her retirement benefits as an annuity of $6,825 per month for the remainder of her life. click here to access exhibit 4.1 and exhibit 4.2.
a. assume that pam retires in june 2017 and collects six annuity payments this year. what is her income from the annuity payments in the first year?
Business
1 answer:
pickupchik [31]3 years ago
6 0
<span>If Pam retires in June 2017 and collects six annuity payments for the same time period, her income for the year 2017 would be $40,950. Pam would reached her pension fund by the end of 4 months in July.</span>
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For example, an increase in the money supply, areal variable, will cause the price level, anominal variable, to increase but wil
lord [1]

Answer:

The answer would be neutrality of money theory

Explanation:

The neutrality of money theory claims that changes in the money supply affect the prices of goods, services, and wages but not overall economic productivity. Many of today's economists believe the theory is still applicable, at least over the long run.

3 0
3 years ago
Tonya operates a nail salon as a sole proprietorship. Tonya also owns and rents an apartment building. This year Tonya had the f
Gala2k [10]

Answer:

Tonya's AGI $70,335

Explanation:

Tonya's AGI:

Revenue from salon $215,900

Salaries paid to beauticians ($113,125)

Nail salon supplies ($58,500)

Salon's operating income $44,275

                   +

Interest income $28,138

                   +

Rental revenue from apartment building $78,050

Depreciation on apartment building ($32,250)

Real estate taxes paid on apartment building ($27,750)

Rental income $18,050

                    -

Alimony paid to her husband $15,000

                    -

Self-employment tax on salon income $3,128

                    -

Interest expense on education loan $2,000

                   =

Tonya's AGI $70,335

Real estate taxes paid on Tonya's house and charitable contributions are itemized deductions (below the line deductions).

3 0
3 years ago
Technology has proliferated in Kenya and Somaliland, with text messages used to replace cash, creating mobile money use that, on
Tasya [4]

Answer: True

Explanation:

Something that has caught the attention of many has been how electronic money has been used in countries like Kenya and Somalia. A study has confirmed that the use of mobile money has reduced poverty in places like Kenya. Mobile money is defined as money where people can make financial transactions through their phones.

This type of activity has greatly influenced poverty reduction and the high rates that occurred when people had to send money over certain distances. In countries like Somalia, there are no longer any traces of physical money, everything is virtual. In this way, the country has achieved economic stability for years. People increasingly consume through their mobile phones, making in an easier way all kind of payments.

7 0
3 years ago
The december 31, 2015, balance sheet of maria's tennis shop, inc., showed current assets of $1,145 and current liabilities of $9
Vitek1552 [10]

Net working capital is the difference between the Total Current Assets and Total Current Liabilities.

The December 31, 2015, balance sheet of Maria's tennis shop, inc., showed current assets of $1,145 and current liabilities of $935.

Hence, Net working capital as on December 31, 2015 shall be (1145-935) = $210


The December 31, 2016, balance sheet showed current assets of $1,360 and current liabilities of $1,035.

Hence, Net working capital as on December 31, 2016 shall be (1360-1035) = $325


So the change in the net working capital in the year 2016 shall be (325-210)= <u>$115</u>







7 0
3 years ago
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Answer: Sorry bruh, cant help u with them all.

Explanation:

I dont got the time. But i will answer one. 27. the answer is A I think.

4 0
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