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3 years ago

What happened in 1935 with the United States Congress surrounding employee benefits?

1 answer:

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The social security act was passed by the congress in 1935 which led to the adoption of private pension plans which led the older people to retire and younger ones to come and work.

Explanation:

An act to accommodate the general welfare by building up an arrangement of Federal mature age benefits, and by empowering the few States to make increasingly sufficient arrangement for matured people, daze people, reliant and injured youngsters, maternal and kid welfare, general well being, and the organization of the jobs for the jobless.

The Social Security Act and related laws build up various projects that have the accompanying fundamental purposes: To accommodate the material needs of people and families; To ensure matured and debilitated people against the costs of ailments that may somehow or another utilization up their reserve funds.

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Jake considers himself to be a follower of Thomas Malthus. Which of the following statements would Jake be most likely to make?

Ber [7]

Answer:

Explanation:

The Malthus theory states that population should be controlled because there are no enough resources to please the future needs. This is how it works: in the short-run there is a change in technology that leads to an increase in income. Because people have more income, better life standards, the birth rate increases and exceeds the death rate. In the long-run total income would have to be distributed between more people than before and the economy reaches the equilibrium again, in which the birth rate equals the death rate.

In other words, econmic success becomes a reproductive success.

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3 years ago

Indicate with the appropriate letter the nature of each adjustment described below: Type of Adjustment A. Change in accounting p

julia-pushkina [17]

Answer:

A. Change in accounting principle (reported retrospectively) - PR

B. Change in accounting principle (exception reported prospectively) - PP

C. Change in estimate - E

D. Change in estimate resulting from a change in accounting principle - EP

E. Change in reporting entity - R

F. Correction of an error - N

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3 years ago

PLEASE HELP!!!!! Nicholas starts a taxi cab business. He buys a garage, hires three drivers, buys two taxi-cabs, he sends his ca

Nostrana [21]

A. The purchased taxi cabs.
The gov. Uses it as capital investment since it is a mode of public transportation. The answer could also be c so people can drive it (with proper training) so other people can use it.

3 0

3 years ago

Builtrite's upper management has been comparing their books to industry standards and came up with the following question: Why i

Vesna [10]

Answer:

Builtrite has higher than average operating expenses

Explanation:

Subtracting cost of goods sold from net sales will give you gross profit. The reason of high gross profit could be company is able to sell its products at a higher price or it is able to keep its cost of goods sold at a lower level than industry standards.

A higher-than-industry-average gross profit margin increases your chances of generating a net profit provided that you are able to keep your expenses within industry average levels.

Operating profit is the pre-tax profit or in other words it is calculated by subtracting operating expenses from the gross profit. Operating profit margin is equal to operating income divided by the total revenue. A lower operating margin despite of having higher gross profit is because the company is not able to control its operating expenses or in other words they are incurring higher operating expenses as compare to industry.

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3 years ago

Ms. BK is a self-employed architect who earns $205,000 annual taxable income. For the past several years, her tax rate on this i

scoray [572]

Answer:

a.- 20,500 less tax collected

b.- 1,750 less tax collected

c.- 26,750 less tax collected

Explanation:

under a static forecast:

205,000 x (0.35-0.25) = 205,000 x 0.1 = 20,500

The government will collect 20,500 less dollars from Ms BK's

under a flexible forecast:

205,000 x 35% - 280,000 x 25% = 71,750 - 70,000 = 1,750

It will loss tax revenue for $1,750

205,000 x 35% - 180,000 x 25% = 71,750 - 45,000 = 26,750

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3 years ago