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3 years ago

Which tax is used to support healthcare costs for retirees?

Business

2 answers:

gizmo_the_mogwai [7]3 years ago

7 0

I'm pretty sure it's medicare tax so answer choice C

Dmitry_Shevchenko [17]3 years ago

5 0

C. Medicare tax is where it come out from,

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Bridle Inc. issues $300,000, 10-year, 8% bonds at 98. Prepare the journal entry to record the sale of these bonds on March 1, 20

Klio2033 [76]

Answer:

Cash 294,000 debit

discount on BP 6,000 debit

Bonds payable 300,000 credit

--to record issuance of bonds--

Explanation:

We multiply the face value by the issuance quote over 100

300,000 x 98/100 = 294,000

Then, the difference will be considered discount as the bond were issued below their face value

300,000 - 294,000 = 6,000

We are going to debit cash for the amount collected and then, debit the discount to adjust the bonds payable to the carrying value of 294,000

7 0

4 years ago

Which items are on both the balance sheet and the statement of owners equity?

Artyom0805 [142]

The answer is B. Capital

5 0

3 years ago

Read 2 more answers

H cheng dishonored his note when presented for payment

EastWind [94]

The note may lack the essential requisites of being a negotiable instrument, that is why it is dishonored. And also if the consent of on of the parties is not clear or they have no meeting of minds when executing such promissory note then it can be dishonored because of its substantial insufficiency of the reason to give its consent.

4 0

4 years ago

Refer to the financial statement for the current year and prior two years. Analyze the year-to-year change in account balance fo

insens350 [35]

Answer:

c)Company is not performing well as we can observe that % change in sales and gross profit are increasing year by year. Return on equity is almost same year by year

There is no much risk associated with company

Explanation:

1)Current Ratio = current assets/current liability

2)return on equity= net profit/equity

3)Net Income(%)=net income/sales

4)Fixed Asset Turnover= Sales/Fixed asset

5)Debt ratio=debt/assets

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3 years ago

Paul Krugman argues that although strategic trade policy looks unappealing in theory, in practice it is most likely to be workab

IgorC [24]

Answer: False

Explanation:

The statement that "Paul Krugman argues that although strategic trade policy looks unappealing in theory, in practice it is most likely to be workable" is false.

According to Paul Krugman, a strategic trade policy will be captured by the special-interest groups that are within the economy and this will bring about it's distortion and therefore it's unlikely to be workable.

4 0

3 years ago