The benefit would decrease by $7,020 annually would be the answer.
According to the 2022 Annual Report of the Social Security Board, the surplus of trust funds paying severance, disability, and other social security benefits will be exhausted by 2035. This is a year behind what the Board of Trustees predicted in its 2021 report.
If you are less than the full retirement age and exceed your annual income limit, your benefits may be reduced. If you haven't reached full retirement age throughout the year, you will be deducted $ 1 from your benefits for every $ 2 you earn over your annual limit. For 2022, the limit is $ 19,560.
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Answer:
B. Profit / Economic
Explanation:
The triple bottom line addresses three factors that a socially responsible company must adhere to. The People / Social factor discusses the importance of the social needs of the customers which the customer must fulfill. The Planet / Environment factors are the factors that discusses about the responsiblity of the company to manufacture environmental friendly products that do not harm the environment and is sustainable. The Profit / Economic factor is one of the three factor which company must try to earn profit to keep the business running and thus benefits by earning profit to a lot of stakeholders.
The quality product is a reason why the customer prefer the company's product which helps the company in making profit. So the profit / economic factor is the right option.
Answer: The statement is <u>TRUE.</u>
Financial intermediaries are those people or companies that offer financial services to the investor without the latter having to contact the issuer of the financial instrument.
Its function is that of intermediation between people who save and people who need financing, that is, between buyers and sellers.
Answer:
the cash inflow from the sale of securities is $7,000
Explanation:
The computation of the cash inflow from the sale of securities is shown below:
= Opening balance + purchase marketable securities + gain on the sale of marketable securities - ending balance
= $86,000 + $10,000 + $1,000 - $90,000
= $97,000 - $90,000
= $7,000
hence, the cash inflow from the sale of securities is $7,000
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