I believe the answer is: <span>decrease/decrease
two facts about 401k are:
- It directly deducted from the amount of salary that you receive from your workplace, which would reduce your take home pay.
- The tax rate that you should pay is multiplied by your net income. When your income is deducted through 401k, the amount of your net income would be reduced along with your tax payment.
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Answer:
1) Buy 10 ounces of gold with the 350 dollars
2) Sell the 10 ounces of gold for £200
3) Exchange £200 for 360 dollars
Explanation:
Due to the difference between the exchange rate in gold and currency, a 2.1% (1.80 / 1.75) advantage can be obtained.
You start in the gold market with 350 dollars which are equal to 10 ounces of gold which are equal to £200. This according to the gold prices, witch generate a 1.75 exchange rate.
Then you go to the financial market where the exchange rate is larger (1.80) and with the £200 you get 360 dollars.
Answer:
summarizes and documents the firm's financial activities during the past year
Explanation:
A firm's annual report must include a comprehensive report about the firm's financial and operational activities throughout the year. The SEC requires public corporations to prepare and disclose quarterly reports (every 3 months) that are available to both stockholders and other people interested in them. Generally private companies are required to prepare at least one annual report.
Answer and Explanation:
The preparation of the operating activities section is shown below:
Rodriguez Company
Statement of Cash Flows (partial)
Cash flows from operating activities:
Net loss $ (6,400)
Adjustments
Add: Depreciation expenses $4,500
Add: Amortization of copyright $200
Add: Decrease in accounts receivable $5,000
Add: Increase in salaries payable $11,000
Less: Decrease in other current liabilities -$1,800
Net cash flow from operating activities $12,500
The negative sign reflects the cash outflow and the positive sign reflects the cash inflow
Answer:
The correct option is advisor.
Explanation:
In business, advisors can be described as persons who evaluate circumstances and suggest options as what could be done during different circumstances. These options are suggested for the benefit of the company and to lead it towards success. An advisor usually evaluates the business plan for a company.
In the above-mentioned scenario, Andy is entitled to evaluate particular situations and provide better options, hence she is playing the role of an advisor.
