Answer:
The answer to this question is given below in the explanation section.
Explanation:
In this question, it is asked about two things. Registering and business and registering a website.
First, we explore registering a business, and then we will explore registering a website.
Registering a business:
In any economy or any country, if you are making any type of business and it is legally approved by that government, then it is your moral duty to register the business because government collect taxes from registered business and give benefit in return to those whose business is registered.
To register a business, it requires you to register your business with company registration institution. The business that has registration considered authentic and legally proved business and everyone can trust these businesses while dealing. Government gives incentives and benefits to registered business and solve their issues if they have any, for example, to do import and export, the government facilitate you in this regard.
Registering a business website:
Registering a business website is like to make your online existence that everyone globally approaches you. Registering a business and registering a website, both are different things. Registering a business website, or getting a domain for your site, does not count as registering it. The procedures for registering a business in any country is different than registering or getting a domain name for your website. for example, if I am in Pakistan, and I want to register my website, it might chances that I will register it on Microsoft cloud or google cloud. This registration does not contribute and give benefit to Pakistan in the collection of tax. And the government does not give me incentive as likes others who have registered their business with registration body.
Answer:
The answer to both a and b is in the explanation below
Explanation:
a) The increase in wage can either decrease or increase the hours worked. This is became an increase in wage has both substitution effect and income effect that work in different directions. Substitution effect An increase in wage increases the opportunity cost of leisure, thereby making the worker increase number of hours worked. Income effect The increase in wage also makers the worker richer, thereby making the worker decrease number of hours worked.
Since no information about worker's preferences is given, we do not Imow which effect will dominate the other effect and, therefore, we do not know what the net impact of the increase in wage will be.
b) The bonus will only have income effect. The bonus will make the workers richer, thereby making the worker decrease number of hours worked.
If in part a), the substitution effect and income effect are equal in magnitude, then there will be no change in the number of hours worked. The number of hours worked will remain the same at 2000 hours. Since the employer would be paying $5 extra on each hour worked, the cost to the employer of increase in wage would be $10,000 (=2000 x $5), which is the same as the bonus in part b).
<u>Answer:</u> Option D
<u>Explanation:</u>
The personal finance success of the person depends on the money managing behavior rather than the knowledge. If more money is spent then the individual looses the opportunity to make investments and save for the future.
Increased spending without saving also has the risk of increased debts and increases the stress. The savings is low for many people and for the purpose of spending money they borrow money. A person who has more debts it keeps him from building assets and investments.
Answer:
60.60%
Explanation:
The computation of the percentage of your salary would go to pay for the first year of your child's college education is given below:
The salary after 10 years would be
= 80000 × 1.03^10
= 107513.31.
Now Similarly, the college fees after 10 years would be
= 40000 × 1.05^10
= 65155.78.
So, the percentage would be
= 65155.78 ÷ 107513.31
= 60.60%
Answer:
Emerson must pay $1,800 of interest to the note holder.
Explanation:
Interest Expense = $20,000 x 0.09
Interest Expense = $1,800
