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MA_775_DIABLO [31]
2 years ago
9

John, 25, just started contributing to his employer's 401(k) plan and started an ira account. he is choosing to invest only in b

onds and secure investments instead of high-risk stocks. is john pursuing a wise investment strategy?
Business
1 answer:
Marianna [84]2 years ago
7 0

Answer:

John is mistaken since the best possible long term investment for a young individual is stocks. Stocks provide the highest potential returns. But they must be considered a long term investment. The price of stocks show an upward  slope, but their price varies every single day. The stocks themselves might lose some value during relatively long periods of time (e.g. months or even a couple of years), but on the long run there is no other investment that yields similar returns.

John has at least 40 years before retiring, and that is a long time, and the potential earnings of stocks is huge. Even if the stock market plummets right before John decides to retire, his stock portfolio will probably have increased so much that a major loss will not make a big difference. And the stock market always rebounds, so his earnings will increase again.

On the other hand, bonds tend to pay very little interest and John will need to contribute a lot of money if he plans to retire with a plan that only include bonds.

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Answer: Wages account debit

Wages payable account credit

Explanation:

Sdjusting entries are simply referred to as the journal entries that are made when the accounting period ends such that there is allocation of the income and the expenditure incurred by the economic agent to the period in which the income and the expenditure occurred.

In this case, the adjusting journal entry passed by the accountant will be to debit the wages account by $1500 and then credit the wages payable account by $1500.

7 0
3 years ago
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lubasha [3.4K]
<span>Henry must make set premium payments on his insurance policy until he dies, and if he cancels the policy he will receive the cash value. His plan is a whole life policy.</span>
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2 years ago
For a binomial experiment with r successes out of n trials, what value do we use as a point estimate for the probability of succ
trapecia [35]

Answer: \dfrac{r}{n}

Explanation:

If r is the number of successes out of n trials , then the sample proportion of success = \hat{p}=\dfrac{r}{n}

For binomial experiment , if the population probability of success p on a single trial is not given , then the best point estimate for probability of success p on a single trial is the sample proportion of successes.

i.e. a point estimate for the probability of success p on a single trial :

p=\hat{p}=\dfrac{r}{n}

Hence, a point estimate for the probability of success p on a single trial = \dfrac{r}{n}

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3 years ago
Budd, the purchasing agent for Lake Hardware Wholesalers, has a relative who owns a retail hardware store. Budd arranged for har
Anon25 [30]

Answer:

D. Purchase orders

Explanation:

A purchase order is a document legally binding a buyer and a sellerr. It is the official confirmation of an order.

It entails the details of the items the buyer agrees to buy at a certain price, the delivery date and terms of payment for the buyer.

Purchase orders includes details such as purchase order number, the shipping date, billing address, shipping address, quantities and price.

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Which of the following are not deducted on a typical paystub
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The following are deducted from a typical paystub : City income tax, State income tax, Medicare, Social security and Federal income tax.
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3 years ago
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