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zhannawk [14.2K]
3 years ago
6

What convinces Nick that Gatsby might be telling the truth about his background? A: He shows Nick a business card with his real

name on it B: Gatsby introduces Nick to the police commissioner C: Gatsby shows Nick a medal from Montenegro D: Gatsby shows Nick a photo of himself at Yale
Business
1 answer:
Dominik [7]3 years ago
8 0

Answer:

C. Gatsby shows Nick a medal from Montenegro

Explanation:

Nick went for a lunch with Gatsby wherein the latter recounts his story on drive, which is hard for Nick to believe.

To substantiate his narration and to take Nick into confidence, Gatsby hands over to Nick, various articles such as his old university days photograph, the medal he won at Montenegro.

The latter i.e the medal convinces Nick that Gatsby might have told the truth about his background, in the story he just narrated.

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You wish to retire in 15 years, at which time you want to have accumulated enough money to receive an annual annuity of $31,000
kupik [55]

Answer:

$ 5,507.47

Explanation:

There are two steps involved in solving this question ,first we need to determine the present of annuity of $31,000 receivable per year after retirement  at retirement date,then use that to calculate the annual contribution:

=-pv(rate,nper,pmt,fv)

rate is the rate of interest during retirement which is 14%

nper is the period during which the $31000 would be received which is 20

pmt is the $31000 annuity per year

fv is the future worth of the annuity which is unknown

=-pv(14%,20,31000,0)=$ 205,317.05  

The present value above is the future value of the retirement contributions

annual contribution=pmt(rate,nper,pv,-fv)=pmt(12%,15,0, 205317.05) =$ 5,507.47

5 0
3 years ago
On January 1, 2021, G Corp. granted stock options to key employees for the purchase of 87,000 shares of the company's common sto
vredina [299]

Answer:

the  compensation expense for the year is $327,120

Explanation:

The computation of the compensation expense for the year is given below:

= (Number of stock options to be purchased × (1 - forefeiture percentage) × fair value per option)) ÷ 2

= (87,000 shares × (1 - 0.06) × $8)) ÷ 2

= $327,120

Hence, the  compensation expense for the year is $327,120

The same should be considered and relevant too

8 0
3 years ago
Shelby Cabinets, Inc. produces custom cabinets. The following inventory balances appeared on its balance sheet.
velikii [3]

Answer:

$855,000 yippie!!!

8 0
3 years ago
Gianna put $1,000 in a savings account for 18 months. The interest on the account is 3.5%.
Nadya [2.5K]

Answer:

You will earn $52.96 in interest

You have $1,052.96 in total.

6 0
3 years ago
Total payroll of Walnut Co. was $1,900,000, of which $330,000 represented amounts paid in excess of $118,500 to certain employee
babymother [125]

Answer:

A.

Dr Salaries and Wages Expense $1,900,000,

Cr Withholding Taxes Payable $461,000,

Cr FICA Taxes Payable 124,890

Cr Cash 1,314,110

B.

Dr Payroll Tax Expense 158,535

Cr FICA Taxes Payable 150,135

Cr FUTA Taxes Payable 3,360

Cr SUTA Taxes Payable 5,040

Explanation:

Walnut Co

A.

Dr Salaries and Wages Expense $1,900,000,

Cr Withholding Taxes Payable $461,000,

Cr FICA Taxes Payable 124,890

Cr Cash 1,314,110

(1,900,000 – $330,000) × 7.65%+ ($330,000 × 1.45%)

=1,570,000×0.0765+4,785

=120,105+4,785

B.

Dr Payroll Tax Expense 158,535

Cr FICA Taxes Payable 150,135

($1900,000 × 7.65%) + ($330,000 × 1.45%)

(145,350+4,785)

Cr FUTA Taxes Payable 3,360

($1,900,000 – $1,480,000) × .8%

420,000×.8%

Cr SUTA Taxes Payable 5,040

($420,000 × 1.2%)

7 0
3 years ago
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