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jok3333 [9.3K]
3 years ago
6

When Sarafina deposits money in an IDA, _____.

Business
1 answer:
quester [9]3 years ago
6 0

Answer:

an organization matches the amount she deposited

Explanation:

An individual development account ( IDA) is a special program account that assists low-income groups and other marginalized groups achieve financial stability. An IDA helps these individuals save for education, purchase a home or start a business.

With an IDA, the contributions individuals make are matched by the state or other donor projects. The matching initiative serves as an encouragement to the target group to save and attain financial stability.

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Smith Law Firm specializes in the preparation of wills for estate planning. On October 1, 2021, the company begins operations by
kompoz [17]

Answer:

Cash flow from financing                              $34,100

Explanation:

The amount of financing cash flows that Smith would report in year 2021 is as follows:

Issuance of stock by Smith law firm            $12,000

Loan from local bank                                    $24,000

Dividends paid to stockholders                    ($1,900)

Cash flow from financing                              $34,100

6 0
3 years ago
You buy a stock for $30 per share and sell it for $33 after holding it for slightly over a year and collecting a $0.75 per share
telo118 [61]

Answer:

The answer is:  After-tax rate of return = 9.8% .

Explanation:

Please find the calculations which are shown in details as below:

Pre-tax dividend earning is $0.75, Tax rate on ordinary income is 28% => After-tax dividend earning = 0.75 x (1 - 28%) = $0.54;

Pre-tax capitals gain is $3 ( that is, $33 -$30), tax rate on capital gains is 20% => After-tax capital gains = 3 x ( 1 - 20%) = $2.4 ;

=> Total after-tax return =   After-tax capital gains + After-tax dividend earning = 2.4 + 0.54 = $2.94 .

Thus, in percentage term,  after-tax rate of return is 2.94/30 = 9.8%.

4 0
4 years ago
The salesperson's objective is to obtain a purchase commitment from the prospect and create a customer during which stage in the
Romashka [77]

Answer:

Closing (the Sale).

Explanation:

The salesperson's objective is to obtain a purchase commitment from the prospect and create a customer during closing stage in the personnel selling process. Personal selling process starts with prospecting, pre-approach, approach and then presentation, followed by handling objectives and then closing process. In closing process, salesperson actually want the costumer to purchase the product, therefore, he or she tries to close the process as soon as possible by taking purchasing intention from the customer. This is the most important step in the whole process because this steps yields actual sales where all other steps help this step.

7 0
3 years ago
The manager of the student center cafeteria is introducing pizza as a menu item. The pizza is ordered frozen from a local pizza
olga2289 [7]

Answer:

From the information given, the number of pizzas is 450 pizzas.

Explanation:

If the cafeteria is open 45 wks a year and they anticipate 10 pizzas per week, then they need 450 pizzas.

45*10

4 0
3 years ago
Christian brought his proposal to Rita before the meeting saying, "I’m sure you have some ideas on this, and we could try to get
nikklg [1K]

Answer:

Consultation

Explanation:

Consultation is asking someone else to recommend enhancements or help . consultation is the second most basic strategy. People who utilise this strategy regularly were bound to be evaluated exceptionally successful. consultation is best used when others have data and experience you don't and when you are willing and ready to follow up on the thoughts and recommendations of others.

3 0
3 years ago
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