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frutty [35]
3 years ago
11

You can expect that an investment could gain or lose as much as 20% in a year. Your investment is $5,000. What is the lowest val

ue you expect at the end of the year?
A.) $1,000
B.) $2,000
C.) $4,000
D.) $5,000
Business
1 answer:
Mumz [18]3 years ago
5 0
For the answer to the question above,
<span>the lowest value you expect at the end of the year is<u><em> $4,000

</em></u>
<u><em /></u><em />I hope my answer helped you. Have a nice day ahead!<u><em>
</em></u>
</span>
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The management of a facility that manufactures parts for car brakes has a policy of testing only some of the items in each produ
alukav5142 [94]

The process being employed in the scenario above is called quality control. This is a system being used in means of maintaining standards with the use of testing out samples or products in order to check and maintain the standards that has been implemented.

6 0
3 years ago
QS 9-8 (Algo) Recording employer payroll taxes LO P3 Merger Co. has 10 employees, each of whom earns $1,700 per month and has be
oksian1 [2.3K]

Answer:

Dr Payroll Tax Expense: $2,321

Cr FICA- Social security taxes payable $1,054

Cr FICA- Medicare taxes payable $247

Cr SUTA-State unemployment taxes payable $918

Cr FUTA- Federal unemployment taxes payable $102

Explanation:

Preparation of the March 31 journal entry to record the March payroll taxes expense

March 31

Dr Payroll Tax Expense: $2,321

($1,054+$247+$918+$102)

Cr FICA- Social security taxes payable $1,054

[($1,700*10)*6.2%]

Cr FICA- Medicare taxes payable $247

[($1,700*10)*1.45%]

Cr SUTA-State unemployment taxes payable $918

[($1,700*10)*5.4%]

Cr FUTA- Federal unemployment taxes payable $102

[($1,700*10)*0.6%]

(To record payroll taxes expense)

5 0
3 years ago
Rebecca Siddoway own and operate Country Candies. Siddoway specializes in making rich, creamy toffees that she packages in attra
Fofino [41]

Answer:

To write the articles of incorporation

Explanation:

An article of incorporation involves a set of documents being filed with the government or a government body with respect to the legal documentation or registration or establishment of a corporation.

Also known as the certificate of corporation, it usually contains general and important information about the corporation. This information includes name of company, type of company, business of the company, the type of stock to be issued, etc.

As regards Rebecca Siddoway, writing an article of incorporation means her company, Country candies has been formally and legally registered with the government. This will attract investors as the certificate of corporation will serve as a show of commitment on the part of the firm as well as the confidence that the company is not trying to swindle him or her.

Cheers

4 0
3 years ago
For much of the past decade, battles have been going on over oil and gas drilling in
Olegator [25]
The Middle East ( Syria , Iraq, Iran, Africa)
4 0
3 years ago
Sheridan, Inc. acquired 40% of Pina Corporation's voting stock on January 1, 2021 for $1060000. During 2021, Pina earned $364000
docker41 [41]

Answer:

$102,500

Explanation:

As per the given question the solution of gain be on sale is provided below:-

For reaching the gain be on sale first we need to follow some steps which is following below:-

Step 1

December 31, 2021 Investment = Initial investment + Net income - Dividend

= $1,060,000 + ($364,000 × 40%) - ($250,000 × 40%)

= $1,060,000 + $145,600 - $100,000

= $1,205,600 - $100,000

= $1,105,600

Step 2

July 1,2022 Investment = December 31, 2021 Investment + Net income - Dividend

= $1,105,600 + ($533,000 × 6 months ÷ 12 months × 40%) - ($138,000 × 40%)

= $1,105,600 + $106,600 - $55,200

= $1,212,200 - $55,200

= $1,157,000

Step 3

Now, the investment half value = $1,157,000 ÷ 2

= $578,500

and finally

So, Gain = Stock - Half value of Investment

= $681,000 - $578,500

= $102,500

So, we have calculated the gain be on sale in Sheridan's 2022 income statement by using the above formula.

7 0
3 years ago
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