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Fantom [35]
3 years ago
13

What is insurance??????

Business
1 answer:
densk [106]3 years ago
3 0

Answer:

“a practice or arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium.” - Oxford language

Explanation:

Hope this helped

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Mikey initially invested $2,400 in a company and has held this investment for 3 years. He sold the investment after 3 years for
Tanzania [10]

Answer:

499.80

Explanation:

There is no 39.6% tax bracket, the highest marginal tax is 37%. But we can assume that Mikey had to pay 39.6% in taxes which means that he is in the seventh tax bracket (highest). Since he is classified under the highest tax bracket, he will also pay the highest capital gains rate which is 20%.

Mikey's long term capital gain = $4,950 - $2,400 = $2,550

if he paid regular income taxes = $2,550 x 39.6% = $1,009.80

since he pays capital gains taxes = $2,550 x 20% = $510

That means he saves $1,009.80 - $510 = 499.80

3 0
3 years ago
Typing, Inc. has been an S corporation since its inception. On July 4, 2019, Typing distributed $50,000 to Jerusha. Her basis in
lisabon 2012 [21]

Answer:

Answer is $15,000

$6,000 share of ordinary income plus $9,000 gain for a $50,000 distribution in excess of her $41,000 stock basis.

3 0
3 years ago
To avoid libel charges, a journalist who is writing about a local government scandal should 
expeople1 [14]
Check all sources carefully

6 0
3 years ago
Read 2 more answers
All of the following are aspects of macroeconomics EXCEPT: a. Foreign trade. b. The production decisions of a pharmaceutical fir
mixas84 [53]

Answer:

b. The production decisions of a pharmaceutical firm

Explanation:

The production decisions of a pharmaceutical firm is an aspect of microeconomics.

Macroeconomics is a branch of economics that studies the economy

Microeconomics is a branch of economics that studies individuals, firms and households.

I hope my answer helps you

3 0
3 years ago
The cutting edge sells ice skates. total sales are $845,000, total variable expenses are $245,050 and total fixed expenses are $
natita [175]

If the cutting edge sells ice skates. total sales are $845,000, total variable expenses are $245,050 and total fixed expenses are $302,000. the variable expense ratio is: 29%.

<h3>Variable expense ratio</h3>

Using this formula

Variable expense ratio=Total variable expense /Total sales

Let plug in the formula

Variable expense ratio=$245,050/ $845,000

Variable expense ratio=0.29×100

Variable expense ratio=29%

Therefore If the cutting edge sells ice skates. total sales are $845,000, total variable expenses are $245,050 and total fixed expenses are $302,000. the variable expense ratio is: 29%.

Learn more about variable expense ratio here:brainly.com/question/24161829

#SPJ1

3 0
2 years ago
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