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3 years ago

What can you learn from a stock market game?

1 answer:

8 0

It can help to show you haw and where to look for information to help you make choices about your investments. For example if a company is starting to see a slow down of sales you wouldn't want to invest as much.

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Gloria works as a freelance software developer with Ticki-Tacker Limited, a social media firm based in the city of London. She h

Tanya [424]

a. The relevant income tax and National Insurance Contribution liability are as follows:

PAYE System Self-Employed

Income tax (20%) (£8,378) £8,731

National Insurance Contribution (5,712) (4,317)

Total income tax and NIC liability £14,090 £13,048

b. The disposable income after all known deductions under the two options are:

PAYE System Self-Employed

Disposable income £33,510 £34,924

c. The other allowable deductions will need to be taken into consideration so that Gloria can arrive at the best option.

Data and Calculations:

PAYE System Self-Employed

Earnings per year £50,000 £50,000

Allowable expenses:

Travel expenses (2,400) (2,028) (£0.39 x 5,200)

Net Earnings £47,600 £47,972

National Insurance Contribution (5,712) (4,317)

(£47,600 x 12%) (£47,972 x 9%)

Taxable income £41,888 £43,655

Income tax (20%) (£8,378) £8,731

Disposable income £33,510 £34,924

Learn more: brainly.com/question/14531658

5 0

2 years ago

Sunshine's Organic Market sells organic produce. Assume that labor is the only input that varies for the firm. The store manager

frosja888 [35]

Answer: Option (d) is correct.

Explanation:

Correct option: For the 10th worker, the marginal revenue product is $120 per day.

If she hires 9 workers then the store can sell 200 pounds of produce per day

If she hires 10 workers then the store can sell 230 pounds of produce per day

Extra units produce from hiring 10th worker = 230 - 200 = 30 pounds of produce per day

Store earns = $4 for each pound

Therefore, the marginal revenue product for the 10th worker = selling price of each pound × Extra units produce from hiring 10th worker

= $4 × 30

=$120

4 0

3 years ago

If a competitive firm can increase its profits by increasing its output, then the firm's:

Basile [38]

If the firm can increase its profit by increasing its output then the firm is not producing at where the marginal cost is equal to the marginal revenue. A profit-maximizing firm in a competitive market will produce its output at the point in which MC=MR.

3 0

3 years ago

Suppose your grandma sends you $100 for your birthday and you deposit $100 into your checking account at the local bank. The res

muminat

Answer:

$90; $900

Explanation:

Given that,

Amount of deposits = $100

Required reserve ratio = 10%

Required reserves:

= Amount of deposits × Required reserve ratio

= $100 × 10%

= $10

Excess reserves = Deposits - Required reserves

= $100 - $10

= $90

Money multiplier:

= 1/ Required reserve ratio

= 1/ 0.1

= 10

Money Supply:

= Amount of excess reserves used for lending × Money multiplier

= $90 × 10

= $900

The money supply could eventually grow by as much as $900.

3 0

3 years ago

Why would firms that rely heavily on credit sales find factoring attractive?

lorasvet [3.4K]

From my understanding, factoring is a specific transaction in which a business sells its invoices to a factor, which is a third party commercial financial company. This process is completed so that the business can get cash quicker than it would to wait for a customer’s payment. With factoring, a company will have more<span>more more flexibility because the funds are not restricted, rather than having to deal with a typical bank loan</span><span />

5 0

3 years ago