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Gennadij [26K]
3 years ago
13

This abbreviation represents social security payments taken on a paycheck.

Business
1 answer:
lyudmila [28]3 years ago
3 0

The answer is FICA.

FICA stands for Federal Insurance Contributions Act, which includes money that is taken out if your paycheck for social security and Medicare.

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A 13-year, 6 percent coupon bond pays interest semiannually. The bond has a face value of $1,000. What is the percentage change
Ierofanga [76]

Answer:

b. −1.79 percent

Explanation:

You can solve this using a financial calculator. I'm using TI BA II plus ;

First, find Price of the bond if YTM = 5.5%. Since it is semi-annual, adjust the YTM  and total duration;

N = 13*2 = 26

I/Y = 5.5%/2 = 2.75%

PMT = (6%/2)*1000 = 30

FV = 1,000

CPT PV = $1046.01

Next, find Price of the bond if YTM = 5.7%.

N = 13*2 = 26

I/Y = 5.7%/2 = 2.85%

PMT = (6%/2)*1000 = 30

FV = 1,000

CPT PV = $1027.28

Percentage change =[ (New price- Old price)/Old price] *100

=\frac{1027.28-1046.01}{1046.01} *100\\ \\ = -0.017906 *100

= -1.79%

6 0
3 years ago
Which of these people will be eligible for a tax deduction?
AlekseyPX

Interest from banks and dividends are both forms of income, which is taxed. But when you give to charities, you can actually *deduct* it from your taxes.
Let's say you have a stock that gives dividends. That means every month, or six months, etc (depending on the type of dividend) you get paid a certain amount. Sort of like a salary for having the stock.

"tax deductible" means that it can be *deducted* from your amount of taxes owed.

7 0
3 years ago
Read 2 more answers
Dorothy wants to rent a car for a week and pay no more than $130. how far can she drive if the car rental costs $94 a week plus
seraphim [82]
94+.12(x)=130 
130-94= 36 
.12x=36 
36/.12= 300 
300 miles 
Plug back in to check 
300 x .12=36 
36+94= 130 
6 0
3 years ago
The following data are given for Stringer Company:
DerKrebs [107]

Answer:

c.572.80 unfavorable

Explanation:

The computation of the direct material quantity variance is shown below:

= Standard Price × (Standard Quantity - Actual Quantity)

= $1.79 × (1,065 units × 10 - 10,970)

= $1.79 × (10,650 - $10,970)

= $1.79 × 320

= $572.80 unfavorable

Since the actual quantity is more than the standard quantity so in this case it is unfavorable variance

We simply applied the above formula to find out the material quantity variance

7 0
3 years ago
Medtronic, a company that makes heart pacemakers, introduced a new product at medical conventions across Asia to demonstrate its
liubo4ka [24]

Based on the fact that Medtronic which produces heart pacemakers makes a new product and the convention presentations are an example of its

  • market segmentation and targeting strategy.

<h3>What is Market Segmentation?</h3>

This refers to the division of target markets into different approachable groups based on demographics and other factors.

With this in mind, we can see that because Medtronic expanded its market to Asia, to show the many beneficial features of their new product, this shows their market segmentation and targeting strategy.

Read more about market segmentation here:
brainly.com/question/5545577

8 0
2 years ago
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