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3 years ago

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

1 answer:

7 0

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.

<u>Explanation:</u>

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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At the beginning of its current fiscal year, Willie Corp.’s balance sheet showed assets of $11,400 and liabilities of $5,700. Du

alex41 [277]

Answer:

$8,750

Explanation:

ASSETS = LIABILITIES + PAID IN CAPITAL + RETAINED EARNINGS

beginning of the year:

$11,400 = $5,700 + paid in capital + retained earnings

paid in capital + beginning retained earnings = $5,700

end of the year:

$6,150 = $4,500 + paid in capital + retained earnings

paid in capital + ending retained earnings = $1,650

ending retained earnings = beginning retained earnings + net income - dividends = beginning retained earnings + $3,050 - dividends

paid in capital + beginning retained earnings - $5,700 = 0

paid in capital + beginning retained earnings + $3,050 - dividends - $1,650 = 0

let X = paid in capital

let Y =beginning retained earnings

X + Y - $5,700 = X + Y + $3,050 - dividends

we eliminate X and Y

-$5,700 = $3,050 - dividends

dividends = $5,700 + $3,050 = $8,750

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2 years ago

Government can reallocate resources away from private goods toward public goods, usually through Multiple Choice import tariffs

RSB [31]

Answer:

The correct answer is: taxes and government spending.

Explanation:

The government can reallocate resources from private and public goods through taxes and government spending. The government can reduce spending on private goods by imposing taxes.

It can increase the allocation of public goods by using these tax earnings to spend on public goods through government spending. In this way, the government can reach the efficient allocation of resources.

3 0

3 years ago

A single taxpayer earns $500,000 of salary income and $20,000 of interest income in 2019. The taxpayer is a material participant

sukhopar [10]

Answer:

$220,000,

Explanation:

Given that:

$500,000 of salary income

$20,000 of interest income in 2019

So the total income of the taxpayer is: $500,000 + $20,000 = $520,000

As we know that, AGI (Adjusted gross income) is used to calculate how much income of a taxpayer is taxable. They are expenses incurred by the earner which are deducted before taxing.

In this situation, his share of the partnership's loss for the year is $300,000, so the taxpayer will report an AGI of:

$520,000 - $300,000

= $220,000

I hope it will find you well.

6 0

3 years ago

Read 2 more answers

During May, Bergan Company accumulated 2,500 hours of direct labor costs on Job 200 and 3,000 hours on Job 305. The total direct

alex41 [277]

Answer: Please see answers in explanation column

Explanation:

a)Total Labor Cost for Job 200 = Labor Hours x Direct labor rate

= 2,500 x $ 28

= $ 70,000

b)Total Labor Cost for Job 305 = Labor Hours x Direct labor rate

= 3,000 x $ 24

= $ 72,000

Labor Cost for Job 200 and Job 305 during May = $ 70,000 + $ 72,000

= $ 142,000

Date Account Titles and Explanation Debit Credit

May 31st Work In Progress $142,000

Wages Payable $ 142,000

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2 years ago

In the classical approaches to management, proponents of the __________ approach argued that managers should stress primarily em

bogdanovich [222]

It should be noted that In the classical approaches to management, proponents of the Human Relations approach argued that managers should stress primarily employee welfare, motivation, and communication.

<h3>What is Human Relations management?</h3>

Human Relations management theory can be regarded as premise of organizational psychology which explains that an employer can employee productivity and motivation by positive social bonds.

Therefore, Human Relations support managers to be stressing primarily employee welfare and motivation.

Learn more about Human Relations at;

brainly.com/question/1657284

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2 years ago