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3 years ago

If you work your entire life, then you will be adequately prepared for retirement, even without a retirement plan in place.

Business

1 answer:

bija089 [108]3 years ago

6 0

Answer:

all are False

Explanation:

1. Working in the US does nothing to ensure you will have an adequate retirement benefit. Social security may provide a little income, but usually won't pay the rent.

2. 403(b) plans may be offered by some tax-exempt organizations--not by corporations. Corporations may offer a 401(k) plan.

3. IRA stands for "Individual Retirement Account."

4. It is a good idea to invest in a retirement account at a young age so you can take advantage of interest compounding. Using the money for anything other than retirement is not recommended.

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The mayor of your city is considering building a new toll road to reduce congestion. The cost of the toll road is $10 million an

scoray [572]

Recover because my mom like money and the discount rate is 8%

7 0

3 years ago

If a technological advance reduces the amount of variable resources needed to produce any level of output, then the

julsineya [31]

Answer: Marginal Cost curve will shift downward

Explanation:

In a situation whereby technological advance brings about a reduction in the amount of variable resources that are needed for the production of any level of output, then there will be a downward shift of the marginal cost curve.

7 0

3 years ago

For the year ended December 31, 2019, Davidson Mart had sales of $ 550 comma 000 and cost of goods sold of $ 412 comma 500. Dav

Bas_tet [7]

Answer and Explanation:

The adjusting entry is as follows

Sales return & allowances ($550,000 × 2%) $11,000

Refunds payable $11,000

(Being the recording of estimated sales return is done)

For recording this we debited the sales returns & allowances as it increased the sales return and credited the refund payable as it also increased the liabilities

5 0

3 years ago

The information content of a dividend increase generally signals that:

sertanlavr [38]

Answer:

C) management believes earnings growth will be strong going forward.

Explanation:

Dividend is the percentage of income that the corporation aims to allocate to the company's shareholders. When there is an rise in dividend it means that the company will have good results for the future. The rise in the dividend is a prediction of future profitability for the firm.

Plus it would be distributed to the preferred shareholders and the equity shareholders and the preference is given first to preferred shareholders

6 0

3 years ago

Ramakrishnan Inc. reported 2018 net income of $20 million and depreciation of $1,500,000. The top part of Ramakrishnan, Inc.'s 2

Afina-wow [57]

Answer:

$6,500,000

Explanation:

Calculation to determine the 2018 net cash flow from operating activities for Ramakrishnan, Inc.

Cash Flows from Operating Activities

Net income $ 20,000,000

Additions (sources of cash):

Depreciation $1,500,000

Increase in accrued wages and taxes $8,000,000

($43,000,000-$35,000,000)

Increase in accounts payable $9,000,000

($69,000,000-$60,000,000)

Less Increase in accounts receivable ($6,000,000)

($98,000,000-$92,000,000)

Less Increase in inventory ($26,000,000)

($170,000,000-$144,000,000)

Net cash flow from operating activities: $ $6,500,000

Therefore the 2018 net cash flow from operating activities for Ramakrishnan, Inc is $6,500,000

4 0

3 years ago