Answer:
Bank Certificate of Deposit (CD)
Explanation:
For the 65-year old widow in this scenario, the best recommendation would be a Bank Certificate of Deposit (CD). A traditional Bank CD is a time-bound deposit, in which you enter into an agreement to let the bank use your money for a fixed period of time, and in return, the bank pays you a higher interest rate than it would for a traditional savings account. Thus providing a good income with very low risk.
Answer:
Adjusted 1,312,000
Explanation:
Unadjusted 750,000
outstanding checks 350,000
Purchase net of discount 147,000
Shipped FOB destination 65,000
the title of the goods passes when the supplier deliver to the carrier.
Adjusted 1,312,000
The check were not mailed until next year, so it doesn't decrease the AP balance
The purchase is recorded net of discount
150,000 x (1-2%) = 147,000
Answer: Safety needs
Explanation:
According to the question, the given scenario best describe about the Mary's safety needs. The safety needs is basically refers to the personal security and the protection according to the needs in the Maslow's hierarchy.
It is known as one of the physiological factor that is required for the human survival and it includes financial security, health and the medical security and the personal security.
Therefore, Safety needs is the correct answer.
Answer:
a) Is Santhosh required to increase his withholding or make estimated tax payments this year to avoid the underpayment penalty?
- No he is not required to make any payments or increase his withholdings because this year's withholdings already represent a 133% increase with respect to last year's tax liability. If the withholdings for the current are over 100% last year's tax liability, then the taxpayer doesn't need to make any further adjustments in order to avoid underpayment penalties.
b) By how much, if any, must Santhosh increase his withholding and/or estimated tax payments for the year to avoid underpayment penalties?
Death or happiness or even sadness or maybe life or a happy feeling