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zalisa [80]
3 years ago
13

Mention ONE other source of wealth other than inheritance

Business
2 answers:
Cloud [144]3 years ago
6 0

Answer:

Power is another source other than inheritance.

Hope this helped you!

Explanation:

Ierofanga [76]3 years ago
5 0
How is the knowledge/
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What would happen to the buying power of your investment after one year if your rate of return was 8% and the rate of inflation
nekit [7.7K]
As long as the rate of return is bigger than the inflation, the value and amount of money will increase and so will the purchasing power: the correct answer is "it will increase".

For example, if you invest 100 dollars, you will receive 108 dollars back, and you'd need 103 dollars to have the same value of money as before - but you have more. 
7 0
3 years ago
Under a partnership agreement, sarah is to receive 25% of the partnership's income, but not less than $12,000. the partnership's
Rudiy27
Given: -
 Sarah's income = 25% of the partnership income but not less than $12,000.
 Net income of partnership for the year = $32,000.  
To find: -
 1) Amount that can be deducted by partnership as guaranteed payment.
 2) Income that Sarah is to report on her tax return. 
 Solution: -
 Partnership income = $32,000
 Sarah's share = 25% of 32000 = $8,000
 But Sarah must receive $12,000 (Shortfall $12,000-$8,000=$4,000)
 So, 1) $4,000 can be deducted by partnership as guaranteed payment.
 2) Income that Sarah needs to report on her tax return = $12,000.
6 0
3 years ago
Why is Eagle Bank's 1-year CD the only account
Rudik [331]

Eagle Bank's 1-year CD became the only account guaranteed to return $22 in interest on a $1,000 deposit because a typical CD earns about 1.5% or less instead of 2.2%.

<h3>What is a CD?</h3>

A certificate of deposit (CD) is a special bank savings account that earns interest on a lump-sum deposit for a predetermined period of time without withdrawals until the due period.

CDs are among the lowest-risk investments as they do not lose value if a bank fails based on the Federal Deposit Insurance Corporation (FDIC) insured guarantee.

Thus, Eagle Bank's 1-year CD became the only account guaranteed to return $22 in interest on a $1,000 deposit because a typical CD earns about 1.5% or less instead of 2.2%.

Learn more about Certificate of Deposit at brainly.com/question/1874937

#SPJ1

7 0
2 years ago
If a company adopts an accounts receivable factoring program, and accounts for the factoring as a sale of receivables, which of
horsena [70]

Answer:C. cash flow from operations may increase

Explanation:

A factoring system is one in which a firm sell his right to receive payments on it's receivable to a firm referred to as the factor as a discount in which the amount of discount represents the factor fees for taking up the risk.

The factor may be with or without recourse to the firm selling the receivable.

It's mostly entered into to reduce payment defaults and increase inflow of cash for operations.

The factor company does not need to be a consolidated company,it usually reduce the receivable and does not require a change in accounting principles.

4 0
3 years ago
Reading through a credit card disclosure (aka the Schumer Box), you see the A.P.R. for a specific card is set at 9.99% - 23.99%.
Leviafan [203]

If the A.P.R. for a specific card is set at 9.99% - 23.99%, it shows the range of the A.P.R bank is offering for the card. It means the A.P.R. can be any % between 9.99% and 23.99%. The A.P.R. is decided on the basis for the credibility of the borrower. The credit score of the borrower is the factor to determine the credibility of the borrower. Hence the A.P.R of the card is determined on the basis of the credit score of the borrower.

Hence, the correct answer is:

b. One of the primary factors determining your card's A.P.R. is your credit score

6 0
4 years ago
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