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4 years ago

So what is economics?

2 answers:

8 0

Economics has a lot to do with money it’s how we basically study politics and other things in our government like production distribution and consumption of good

pishuonlain [190]4 years ago

6 0

Answer: Economics is the study of how society uses its limited resources. Economics is a social science that deals with the production, distribution, and consumption of goods and services.

Explanation:

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Paulina Lesky is 27 years old and has accumulated $7,500 in her self-directed defined contribution pension plan. Each year she c

zimovet [89]

Answer:

The answer is "Option D".

Explanation:

The amount accrued in the pension system until now $= 7500$

Danger or security account proportion $= 20 \%$

The percentage of the amount kept in a safe account $(PV) = 7500\times 20\% = 1500\%$

Number of investment years owned by $(n)=63-27=36$

Risk-free return rate $I = 3\%$

Combined total amount up to age 63 (formula for the current value) = $Present \ value\times (1+i)^n$

$=1500\times (1+3\%)^{36}\\\\=4347.417492$

The contribution is $\$2000$ a year and the employer corresponds with the same amount for the pension plan.

Total annual contribution $= 2000+2000 = 4000$

Risk-free or healthy account proportion $= 20\%$

Amount invested annually $(P) = 4000\times 20\% = 800 \ (Risk \ free)$

Annual deposit amount (n) for years $=63-27 =36$

Returns free of risk $I = 3\%$

An cumulative sum due to an annuity $= P\times \frac{(((1+i)^n)-1)}{i}$

$=800\times \frac{(((1+3\%)^{36})-1)}{3\%}\\\\=50620.75541$

Total amount accumulated in safe account $= FV\ of \ PV + FV$ of annuity

$=4347.417492+50620.75541\\\\=54968.1729\\\\=54968$

6 0

3 years ago

Explain how a command economy differs from the<br> other economic systems.

myrzilka [38]

Answer:

explain how a command economista diferrs fron

3 0

3 years ago

Mama's Pizza Shoppe borrowed $6,200 at 12% interest on May 1, 2021, with principal and interest due on October 31, 2022. The com

max2010maxim [7]

Explanation:

The adjusting entry is as follows

Accrued interest expense Dr $124

To Interest payable $124

(Being the accrued interest expense is recorded)

The computation is shown below:

= Borrowed amount × interest rate × given months ÷ total number of months in a year

= $6,200 × 12% × 2 months ÷ 12 months

= $124

3 0

3 years ago

delegation is the transfer of responsibility for the performance of an activity to another person quizlet

Lostsunrise [7]

Delegation is the transfer of responsibility for the performance of an activity from one individual to another while retaining accountability.

Maryland Nurse Practice Act: "The nurse may delegate the responsibility to perform a nursing task to an unlicensed individual or a certified nursing assistant.

Definition of delegation. The process of delegating the responsibility and authority to perform a task to another person who takes on that authority and responsibility. The delegator continues to be responsible for the task.

Delegation refers to transferring responsibility for a particular task from one person to another. From an administrative point of view, delegation occurs when a manager assigns a specific task to an employee.

Authority is the ability to perform a job in a particular role. Responsibility pertains to reliability, reliability, and commitment to work performance.

Learn more about accountability here: brainly.com/question/980342

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5 0

2 years ago

justin corp. issues 10,000 shares of $1 par value common stock for $5 per share. the journal entry to record this transaction wi

enyata [817]

The record of the issuance of the stock is debit to cash for $50,000, credit to common stock for $10,000 and credit to excess of common stock of $40,000.

<h3>How to record journal entry for the following transactions?</h3>

A. Entries of the stock

1. Account(cash)

Cash=10,000 shares at $5 per share

Cash=10,000×5=$50,000

Cash to Debit=$50,000

Credit this account=$0

2. Account (common stock)

Common stock=10,000 shares at $1 per value common stock

Common stock=10,000×1=$10,000

Credit account=$10,000

Debit this account=$0

3. Account (Paid-in Capital in Excess of Par - Common Stock)

Paid in capital in excess of par-common stock=50,000-10,000=$40,000

Credit this account=$40,000

Debit this account=$0

This can be written as;

Account Debit ($) Credit ($)

Cash (10,000 shares×$5 price) 50,000

Common Stock (10,000 shares×$1 par) 10,000

Paid-in Capital in Excess of Par - Common Stock 40,000

The record of the issuance of the stock is debit to cash for $50,000, credit to common stock for $10,000 and credit to excess of common stock of $40,000.

To know more about journal entry, refer:

brainly.com/question/14098819

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6 0

2 years ago