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goldfiish [28.3K]

3 years ago

7

You were visiting your grandpa and you happened to find $5000 stashed in an old shoe box. he told you that he had been saving th

is money for over 20 years. a. explain to him other options he has.
b. explain and demonstrate the principles of compounding interest.

1 answer:

Elina [12.6K]3 years ago

7 0

Answer:

(only a) the best option would be investing in stocks

Explanation:

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The biggest perk or benefit you will receive for donating to a charitable organization is:

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B - You can probably write the donation off on your taxes

Explanation:

Paying donations to the qualified charities can be able to get some benefits under Income Tax act., We can deduct donations which we make to the qualified charities. This can reduce our taxable income, but to claim the donations, We have to itemize our deductions under the Claim of charitable donations on Form 1040, Schedule A.

Qualified charities means those who are properly applied and got the legal certificate for their registration and operations.

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4 years ago

According to the acquisition method of accounting for business combinations, costs paid to attorneys and accountants for service

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Answer:

"charged to profit or loss"

Explanation:

According to the acquisition method, acquisition-related (transaction) costs are costs the acquirer incurs to effect a business combination. For example, the cost of the advisory, legal, accounting, valuation or consultancy fees, must not be included in the cost of the acquisition. These costs must be treated as an expense as incurred and written off to profit or loss.

The amount of transaction costs associated with an acquisition and written off during the period to profit or loss must be disclosed in a note to the financial statements.

So based on the above discussion the answer to the question shall be "charged to profit or loss"

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4 years ago

What is the first question you should ask yourself when analyzing an

kolbaska11 [484]

A.

because it could be like a baby toy and the first question you ask would be when can i buy it

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3 years ago

As a group, create a team charter for governing your future CLC activities. The charter should include plans for team building,

Over [174]

Answer:

First of all to create an effective team charter as road way for your group or team, for governing CLC activities the following needs to be considered

<em>• Who are the people involved </em>

<em>• Who is a team leader and who resolves problems </em>

<em>• How long does it take to create a charter </em>

<em>• How long does the charter last </em>

<em>• Creating a Team purpose and mission to others in the organization</em>

Explanation:

<em>Now the first Method of having a good charter team usually involves the background </em>

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<em>When Creating a charter, you start from the initial stage or point. Questions would be asked on what areas of focus is this charting heading towards. Like what types of project, it would get involved in on the long /short term. </em>

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<em>Questions can be asked as the following bellow, </em>

<em>• Who is a team leader </em>

<em>• What are the roles of each stakeholder in the team </em>

<em>The second Method or role after having a startup background is now to focus on the deeper aspects of the charter like </em>

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<em>• How is success evaluated or measured </em>

<em>• Having a lay down principles to guide the team or group in the right track </em>

<em>• Define roles each team member would play in terms of the success of the company. </em>

<em>• Have a mission and vision statement on how the company would grow on the long term </em>

<em> </em>

<em>The third Method after the Mission and vision statement is created for a successful team charter, it’s the roles and responsibility of team members. For this stage roles and responsibilities would be assigned to each group in the charter by defining the following terms </em>

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<em>• Assign who is doing this for whom and the purpose </em>

<em>• Having asses on all areas needed for the group to succeed </em>

<em>• Ensure all Team members voice are known, expressed to their best of abilities. </em>

<em>• Create what is called RACI (Roles, Accountable, consulted, Informed) roles and responsibilities matrix </em>

<em>The Fourth Method of a successful team charter is Budget and Resources </em>

<em>Once roles and responsibility have been established, the team/Group can access the budget and resources to carry out the tasked at hand. </em>

<em> </em>

<em>The Fifth Method of a successful team after budget and resources are, </em>

<em>The internal checks, balance and reviews. </em>

<em>The Team Members of the charter should decide, also, whether team goals assigned to members will be shown in the team members’ annual reviews. A good example of a reliable system is the SMART goal method The goals should be: </em>

<em>• Specific </em>

<em>• Measurable </em>

<em>• Achievable </em>

<em>• Realistic </em>

<em>• Time-based </em>

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3 years ago

Which statement describes a benefit of international trade?

melisa1 [442]

Countries gain from exchange when trade enables each country to receive a higher price for exported goods and/or pay a lower price for imported goods. This leads to more efficient resource allocation and allows consumption of a larger variety of goods.International trade is where there is exchange of goods and services across International territories where in most countries this exchange represents a significant a share of gross domestic product(GDP). One of the most immediate benefits of this trade is lower costs to consumers

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3 years ago

Read 2 more answers