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3 years ago

Acquiring a government job based on political loyalty, without regard to ability, is called

1 answer:

6 0

Acquiring a government job based on political loyalty, without regard to ability, is called <span>political patronage.

Hope this helps you! :-)</span>

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While the evidence suggests that over long periods of time that stocks will outperform bonds, individuals with a long-term inves

Scrat [10]

Answer:

Stocks and Bonds

Yes. It is a rational behavior for individuals with a long-term investment horizon to choose to invest in bonds rather than investing in stocks despite the overwhelming "evidence that suggests that over long periods of time stocks still outperform bonds."

Rational behavior involves making rational choices that provide optimal levels of benefit or utility for the individual. People who make rational choices would rather choose bonds with lower risks and returns than stocks with higher risks and returns.

Explanation:

Every rational investor would prefer to reduce her risk exposure instead of increasing it. Every investor is also aware that investments with higher risks attract higher returns. However, determining the certainty of the returns is difficult.

4 0

2 years ago

The government document that grants permission to establish a corporation is called a

frosja888 [35]

Are there any answer choices or is it a blank?

5 0

3 years ago

Which of the following types of business usually has the fastest inventory

vova2212 [387]

Answer:

grocery store - last choice

5 0

3 years ago

Read 2 more answers

On January 1, 2021, Nantucket Ferry borrowed $14,000,000 cash from BankOne and issued a four-year, $14,000,000, 6% note. Interes

kari74 [83]

Answer:

If Interest is not Paid yet

Nantucket Ferry

Dr. Interest Expense $840,000

Cr. Interest payable $840,000

BankOne

Dr. Interest receivable $840,000

Cr. Interest Income $840,000

If Interest is Paid

Nantucket Ferry

Dr. Interest Expense $840,000

Cr. Cash $840,000

BankOne

Dr. Cash $840,000

Cr. Interest Income $840,000

Explanation:

Amount of interest is the expense for Nantucket Ferry and Income for the BankOne on the bond.

As per given data

Amount borrowed = $14,000,000

Coupon rate = 6%

Interest in paid on and received on the bnd is calculated by using the face value and coupon rate of the bond.

Coupon Payment = $14,000,000 x 6% = $840,000

$840,000 will be paid annually to the Bank one.

6 0

3 years ago

Breakin Away Company has three employees—a consultant, a computer programmer, and an administrator. The following payroll inform

alekssr [168]

Answer:

Gross pay:

consultant $4,000
computer programmer $3,300
administrator $2,800

Net pay:

consultant $2,767.98
computer programmer $2,295.48
administrator $1,993.98

Explanation:

regular earnings overtime withholding

allowances

Consultant $4,000 per week N/A 2

Computer programmer $60 per hour 1.5 1

Administrator $50 per hour 2 2

computer programmer worked 50 hours = ($60 x 40) + ($60 x 10 x 1.5) = $3,300

administrator worked 48 hours = ($50 x 40) + ($50 x 8 x 2) = $2,800

Social security taxes:

Consultant = 6% x $4,000 = $240
Computer programmer = 6% x $3,300 = $198
Administrator = 6% x $2,800 = $168

Medicare taxes:

Consultant = 1.5% x $4,000 = $60
Computer programmer = 1.5% x $3,300 = $49.50
Administrator = 1.5% x $2,800 = $42

Federal income taxes:

Consultant: amount subject to withholding = $4,000 - (2 x $75) = $3,850. Federal income taxes = $356.90 + [28% x ($3,850 - $1,796) = $932.02
Computer programmer = amount subject to withholding = $3,300 - (1 x $75) = $3,225. Federal income taxes = $356.90 + [28% x ($3,225 - $1,796) = $757.02
Administrator = amount subject to withholding = $2,800 - (2 x $75) = $2,650. Federal income taxes = $356.90 + [28% x ($2,650 - $1,796) = $596.02

Gross pay:

consultant $4,000
computer programmer $3,300
administrator $2,800

Net pay:

consultant $4,000 - ($240 + $60 + $932.02) = $2,767.98
computer programmer $3,300 - ($198 + $49.50 + $757.02) = $2,295.48
administrator $2,800 - ($168 + $42 + $596.02) = $1,993.98

6 0

3 years ago