Commodity money is money that has a value of its own. For example, gold and silver along with other metals was given a value dependant on it's purity and weight along with what gold was worth at the time
The probability that a randomly selected data from a normally
distributed dataset with mean of μ, and standard deviation of σ, is less than a value x is given by:
Given that a<span>
security with normally distributed returns has an annual expected
return of 18% and a standard deviation of 23%.
The probability of getting a
return of -28% or lower in any one year is given by:
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I believe the answer is: <span>decrease/decrease
two facts about 401k are:
- It directly deducted from the amount of salary that you receive from your workplace, which would reduce your take home pay.
- The tax rate that you should pay is multiplied by your net income. When your income is deducted through 401k, the amount of your net income would be reduced along with your tax payment.
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Answer:
For 2019, the maximum amount that any individual can elect for salary deferral treatment on a 401k distribution is the lesser between: 100% of their salary or $19,000.
in this case, Amber earns much more than $19,000, so the lesser amount would be $19,000.
If Amber contributes more than $19,000 to her 401k account, then she would have to pay taxes for the extra amount contributed.
Answer:
a. Bonds payable Liability account
b. Equipment Asset account
c. Accounts payable Liability account
d. Salaries payable Liability account
e. Common stock Equity account
f. Retained earnings Equity account
g. Cash Asset account
h. Accounts receivable Asset account
i. Sales revenue Equity account
j. Inventory Asset account
Explanation:
All the assets account is debit in nature, so the equipment, cash, account receivable and Inventory accounts are debit in nature and these are classified as asset.
All the account with credit nature is either classified as Liability or Equity accounts. Equity accounts are common stock, retained earning and sales revenue. Liabilities accounts are bond payable, account payable and salaries payable.
