Sam, age 35, and Kathy, age 33, are married and have a son, age; The Financial stands resolve will be
- To the extent that Sam's wife qualifies for OASDI payments in the event of his death due to an automobile accident, she will receive them.
- Kathy's vocal cord is a significant contributor to her income since she is a teacher, but she can only get disability benefits if she has been selected for them.
- Kathy will be eligible for temporary disability benefits under the United States' social insurance program since she was injured on the job and has opted into the program.
- Sam's benefits will be reduced by $1 for every $2 he earns over the $17040 level in 2018; however, he will not see a decrease in his benefits if his income is between $45,306 and the maximum allowable amount of $45,306.
- Sam's desire for a greater salary is not a qualifying cause for unemployment insurance.
<h3>Who is a
financial planner?</h3>
Generally, a financial planner is simply defined as one form of a financial adviser, the financial planner, focuses on helping clients develop and implement strategies for achieving their long-term financial objectives.
In conclusion, Finance is managing substantial resources, as practiced by governments or major corporations.
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Answer:
c
Explanation:
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Answer:
The common-size percentage of the equity is c. 66.87 percent
Explanation:
Total asset of the firm = Inventory + Cash + Net fixed assets + Accounts receivable = $46,500 + $1,250 + $318,650 + $16,600 = $383,000
Liabilities = Accounts payable + Long-term debt = $17,400 + $109,500 = $126,900
Basing on Accounting Equation Formula
:
Total Assets = Liabilities + Owner’s Equity
Owner’s Equity = Total Assets - Liabilities = $383,000 - $126,900 = $256,100
The common-size percentage of the equity = ($256,100/$383,000) x 100% = 66.87%
If a bond's yield to maturity is less than its coupon rate, the bond will sell at a premium, and increases in market interest rates will decrease this premium.
If the bond's coupon rate is lower than YTM, the bond will be sold at a discounted price. If the bond's coupon rate is higher than its YTM, the bond is sold at a premium. If the bond's coupon equals YTM, the bond is sold at face value.
If the coupon is higher than the yield, investors should expect the bond's capital value to fall over the remaining term. Therefore, the price of the bond must be higher than its face value. If the bond's coupon rate is lower than its lifetime, the bond's price increases over its remaining lifetime.
If the interest rate falls below the coupon, the bond can be sold at a premium above face value. Interest rates on bonds vary according to prevailing interest rates and perceived risks of the issuer. Suppose he has a 10-year bond for $5,000 with a 5% coupon.
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The Public Company Accounting Oversight Board (PCAOB) issues auditing standards, carries out inspections of public accounting firms auditing public clients, and imposes sanctions.
<h3>
What are sanctions?</h3>
- Economic sanctions are financial and commercial penalties imposed by one or more nations against a particular self-governing state, group, or person.
- Economic sanctions may be used for a number of political, military, and social reasons in addition to difficult economic conditions.
<h3> What is The Public Company Accounting Oversight Board (PCAOB)?</h3>
- The Sarbanes-Oxley Act of 2002 established the Public Company Accounting Oversight Board (PCAOB), a nonprofit organization, to supervise the audits of public companies and other issuers in order to safeguard investor interests and advance the public interest in the creation of informative, accurate, and independent audit reports.
- In order to protect investors, the PCAOB also controls the audits of broker-dealers, including compliance reports submitted in accordance with federal securities laws.
- The U.S. Securities and Exchange Commission must approve all PCAOB regulations and standards (SEC).
Therefore, the Public Company Accounting Oversight Board (PCAOB) issues auditing standards, carries out inspections of public accounting firms auditing public clients, and imposes sanctions.
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