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liubo4ka [24]
3 years ago
9

An older person nearing retirement might typically find it better to invest in ________ since they generally seek less risk with

their investments.
Business
1 answer:
Helga [31]3 years ago
5 0

The answer to this question is bonds. Bonds are an investment type where in investors’ gains a fixed-income over their investments. Bonds are less risky because the return of investment is in a fixed rate and this is less vulnerable to price swings in the stock market. 

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During 20--, Rachael Parkins, president of Mathieson Company, was paid a semimonthly salary of $7,700. Compute the amount of FIC
r-ruslan [8.4K]

Answer:

Total FICA tax is $ 9792+ $ 823.60= $ 10,615.6

Explanation:

The FICA tax is 7.65% for employees wages upto 128,000 and 1.45 % in excess of $ 128,000

Suppose the FICA tax rate is 7.65 % and her monthly salary is $ 7,700*2= $15,400

Her yearly salary is $15,400* 12=  $ 184,800 which is above $ 128,000

So the Fica Tax would be = 128,000 * 7.65%= $ 9792

And 1.45 % 0f (184,800- 128,00)$ 56,800= $ 823.60

Total FICA tax is $ 9792+ $ 823.60= $ 10,615.6

6 0
3 years ago
When the market rate is 12%, a company issues $50,000 of 9%, 10-year bonds and pay interest semiannually. When the bonds mature,
olya-2409 [2.1K]

When the market rate is 12%, a company issues $50,000 of 9%, 10-year bonds and pay interest semiannually. When the bonds mature, the issuer records the journal entry of its payment of principal with a debit to cash in the amount of $50,000.

<h3>What is a journal entry?</h3>

A systematic way of making and maintaining the record of the financial transactions in the journal books of an organization, with a proper narration of the same, is known as a journal entry.

Hence, option C holds true regarding the journal entry.

Learn more about a journal entry here:

brainly.com/question/20421012

#SPJ1

8 0
2 years ago
Damon Company receives its monthly bank statement, which reports a balance of $1,850. After comparing this to the company’s cash
Dvinal [7]

Answer:

The reconciled bank balance for the cash amounts to $1,600

Explanation:

The reconciled bank balance for the cash would be computed as:

= Bank statement balance + Deposits outstanding - Checks outstanding

where

Bank statement balance amounts to $1,850

Deposits outstanding amounts to $3,600

Checks outstanding  amounts to $3,850

Putting the balances above:

Reconciled bank balance for cash = $1,850 + $3,600 - $3,850

= $5,450 - $3,850

= $1,600

Therefore, the adjusted bank statement balance amounts to $1,600

7 0
3 years ago
A FICO score is a way of _____.
Pani-rosa [81]
A.


A FICO score is a number that banks use when deciding if and how much money they will let you borrow. It's one of many types of credit scores and is determined by the following factors...


Payment history (35 percent)

Amounts owed (30 percent)

Length of credit history (15 percent)

Credit mix (10 percent)

New credit (10 percent)

8 0
3 years ago
A jewelry firm buys semiprecious stones to make bracelets and rings. The supplier quotes a price of $8.20 per stone for quantiti
Ket [755]

Answer:

a. 274

b. 295

Explanation:

a. Optimum Order

Optimum Order = √( (2×Total Annual Demand×Ordering cost per order) / Holding Cost per unit)

                          = √ ((2×101×19×$39) / $2)

                          = 273.57

                          = 274

b. Optimum Order

Optimum Order = √( (2×Total Annual Demand×Ordering cost per order) / Holding Cost per unit)

                          = √ ((2×101×19×$39) / $8.20 ×0.21)

                          = 294.83

                          = 295

                   

4 0
3 years ago
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