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yaroslaw [1]
3 years ago
13

George deposited $2,000 in his bank account, which offers 5 percent compound interest

Business
1 answer:
juin [17]3 years ago
8 0

Answer:

2205

Explanation:

annual compound interest formula

PV(1+i)ⁿ

we have

2000(1+.05)²

=2205

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Which of the following situations might convince an employer to choose a nonqualified retirement plan over a qualified profit-sh
Vinil7 [7]

Answer:

All the options might convince to an employer to choose a nonqualified retirement plan over a quialified plan.

en A). the owner of the corporation would use a nonqualified plan because the income tax rate of the business is lower than the owner´s tax rate.  

B) Is a true statement.  as nonqualified plans are typycally only stablised to benefit the executive and there are no requirements to benefit thr rank and file

C)

would cause an employer to choose a nonqualified plan because a nonqualified plan requires less administrative costs than a profit sharing plan

7 0
3 years ago
Hadley Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
Margarita [4]

Answer:

Total period cost under variable costing $60,000

Explanation:

The computation of the total period cost under variable costing is shown below:

Variable selling and administrative expenses (880 units × $15) $13,200

Add: Fixed selling and administrative expenses $21,120

Add: Fixed manufacturing overhead $25,680

Total period cost under variable costing $60,000

6 0
3 years ago
The purpose of the work opportunity tax credit is to encourage employers to hire individuals from specified target groups tradit
Yuki888 [10]

Answer:

true

Explanation:

  • The given statement is true here because the purpose of Work Opportunity Credit is to encourage employers to hire people who are facing employment barriers and are resulting in high unemployment.
  • And examples of the target group are unemployed ex-servicemen, food stamp recipients etc..
  • so this is true statement

5 0
3 years ago
Which of the following represent features of evidence-based practice?
Delicious77 [7]

Answer:

all of the above

Explanation:

All of these represent features of evidence-based practice (EBP). It is now common for insurance companies to adjust the services they will pay for based on EBP guidelines.

7 0
3 years ago
Read 2 more answers
Objectives of AllocationSamantha and Rashida are planning a trip to Padre Island, Texas, during spring break. Members of the var
enot [183]

Answer:

Increase in Motel cost = $10 per night for additional bed * 4 day = $10 * 4 = $40

Additional food cost = $150

Therefore, total cost of including Kallie for the trip is $40 + $150 = $190

1. Incremental Analysis

                                        Without K     With K    Incremental cost

Motel cost                         $580           $620            $40

Food                                  $300           $450            $150

Gas in total                        <u>$120</u>            <u>$120 </u>            <u>   -    </u>

Total Incremental cost     <u>$1,000</u>        <u>$1,190</u>          <u>$190</u>

It would cost $190 for Kallie to accompany along

2. Cost to Kallie using benefits received method

Particulars                            Amount

Motel ($580 + 40)/3             $206.67

Food                                      $150

Gas ($120/3)                          <u>$40        </u>

Total                                       <u>$396.67</u>

Thus, cost to Kallie using benefits received method would be $396.67.

3 0
3 years ago
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