Why might a broker look at world news and finnancial data?

1 answer:

5 0

A broker works with stocks and the value of a company. The world news effects business status. If oil in Iran was getting pricy then oil companies value with change. If he’s invested in oil companies or is interested, this will affect his choice.

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SAT scores generally fall _____ points above or below a student's true ability.

qwelly [4]

The correct answer for this question is this one: "D.30 to 40." SAT scores generally fall 30 to 40 points above or below a student's true ability. SAT <span>is a standardized test widely used for college admissions in the United States. </span>

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3 years ago

Read 2 more answers

Accounting is the information system that A. processes information into reports. B. measures business activity. C. communicates

Natalka [10]

Answer:

The correct answer is letter "D": All of the above.

Explanation:

Accounting is the activity by which the economic transactions of a company are registered in ledgers that together form a group where information is recorded to be summarized at the end of an accounting period in Financial Statements. That report is useful for top managers since they can make decisions about what the firm should implement or replace to maximize the firm's resource allocation and profits.

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3 years ago

you want to put $2,500 in a simple interest account. It has a 4% annual interest rate. How long will it take you to earn $200 in

Solnce55 [7]

It will take 2 years because eaxh year you get 4% of the $2500 which means $100 a year

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3 years ago

Priscella pursued a hobby of making bedspreads in her spare time. Her AGI before considering the hobby is $40,000. During 2019 s

daser333 [38]

Answer:

Income = $10,000
Adjusted Gross Income (AGI) Deduction = $0
Claim $10,000 as itemized deduction due to expenses

Explanation:

The activity being a hubby does not exempt it from tax so the $10,000 will be included as income for tax purposes and there will be no deduction for this from the AGI.

She can however, claim her expenses as itemized deductions. There is no tax on interest payment so expenses deducted are:

= 4,000 + 6,500 - 500

= $10,000

7 0

2 years ago

Every worker sees a social security (fica) tax taken out of his or her paycheck. the nominal tax rate on workers is 7.65 percent

denpristay [2]

Part A:

Because, there is a ceiling on the amount of earnings that is taxable. Any earning below the ceiling will be taxed at 7.65% of the earning while any earning above the eiling will be taxed at 7.65% of the ceiling.

Given that the ceiling on the amount that is taxable is $117,000. If a worker earns $40,000, then the worker's FICA tax will be 7.65% of $40,000 = 0.0765 x $40,000 = $3,060

Therefore, the percentage of income that is paid in social security taxes by a worker in 2014 earning $40,000 is 7.65%

Part B:

Because, there is a ceiling on the amount of earnings that is taxable. Any earning below the ceiling will be taxed at 7.65% of the earning while any earning above the eiling will be taxed at 7.65% of the ceiling.

Given that the ceiling on the amount that is taxable is $117,000. If a worker earns $80,000, then the worker's FICA tax will be 7.65% of $80,000 = 0.0765 x $80,000 = $6,120

Therefore, the <span>percentage of income that is paid in social security taxes by a worker in 2014 earning</span> $80,000 is 7.65%

Part C:

Because, there is a ceiling on the amount of earnings that is taxable. Any earning below the ceiling will be taxed at 7.65% of the earning while any earning above the eiling will be taxed at 7.65% of the ceiling.

Given that the ceiling on the amount that is taxable is $117,000. If a worker earns $200,000, then the worker's FICA tax will be 7.65% of $117,000 = 0.0765 x $117,000 = $8,950.50

Therefore, the percentage of income that is paid in social security taxes by a worker in 2014 earning $200,000 is given by

$\frac{8950.5}{200000} \times100\%=4.48\%$

8 0

3 years ago