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3 years ago

Which factors positively affect lifetime income? Check all that apply.

Business

2 answers:

Eduardwww [97]3 years ago

7 0

Answer:

A - post-secondary education

B - employee benefits

C - salary

D - vocational training throughout career

Explanation:

I Got It Right On Edge :)

JulsSmile [24]3 years ago

5 0

Answer: post-secondary education

employee benefits

salary

vocational training throughout career

Explanation:

A lifetime income is the income that individuals earn throughout their lifetime.

The factors that positively affect the lifetime income of an individual are the post-secondary education, salary, employee benefits and the vocational training throughout career.

High cost of living and early retirement negatively affect the lifetime income of an individual.

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Riverbed Company sells goods that cost $320,000 to Ricard Company for $407,000 on January 2, 2020. The sales price includes an i

Alecsey [184]

Answer:

a) Journal entries to record the sale on January 2, 2020:

Debit Accounts Receivable with $407,000

Credit Sales Account with $368,500

Credit Deferred Revenue (Installation Fee) with $38,500

Being sales of goods and installation services.

b) Income Statement for 1st Quarter of 2020

Sales - $368,500

Installation Fee - $19,250

Total Income - $387,750

less cost of sales - $320,000

Net Income - $67,750

c) The revenue Shaw should recognize in relation to the sale to Ricard is $387,750 (goods and accrued installation fee). The installation fee to be recognized is for 3 months only.

Explanation:

The installation fee is for 6 months. Therefore, 3 months' worth of fee will be recognized in the income statement ending on March 31, 2020.

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3 years ago

Problem 5.3 Your birthday is coming up and instead of other presents, your parents promised to give you $2,600 in cash. Since yo

Papessa [141]

Answer:

Ans. The value of investment after 2 years is $3,155.51

Explanation:

Hi, first we need toconvert that 9.80 percent, compounded quarterly into an effective quarterly rate, that is just by dividing by 4, since there are 4 quarters in a year, that is:

r(effective quarterly)= 9.8%/4 =2.45%

Now, since the rate is effective quarterly, the periods (time of the invesmet) has to be in quarters, so we multiply 2 years by 4 and we get 8 quarters.

With all the above information, we can go ahead and use the following formula in order to find the future value of this investment.

$FutureValue=PresentValue*(1+r)^{n}$

It should all look like this.

$FutureValue=2,600*(1+0.0245)^{8}=3,155.51$

So, the future value of this investment is $3,155.51

Best of luck.

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3 years ago

The opportunity cost of an action: can be determined by considering both the benefits that flow from as well as the monetary cos

yarga [219]

<h3>Hello there!</h3>

Your question asks what an opportunity cost of an action is.

<h3>Answer: D). is a subjective valuation that can be determined only by the individual who chooses the action.</h3>

The reason why answer choice "D). is a subjective valuation that can be determined only by the individual who chooses the action" is correct because an opportunity cost of an action is not the same for everyone.

An opportunity cost of an action is subjective, meaning that the action can be determined by someone's opinion, feelings, etc. Everyone thinks differently, therefore making everyone's opportunity cost of action different.

A opportunity cost of an action also is determined by the individual themselves, not anyone else. That's why the action is subjective, due to the fact that the decision on the action is determined by the individual personal opinions and feelings.

<h3>I hope this helps!</h3><h3>Best regards,</h3><h3>MasterInvestor</h3>

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4 years ago

An HR department at a manufacturing firm wants to ensure that applicants for production jobs provide complete information about

givi [52]

Answer: False

Explanation:

While a review of resumé would give some information about the job a physical interview would give a proper insight on the capabilities of the pool of applicants for the job.

So also verbal communication would help you access their strengths and properly allocate them to departments where they would be most efficient if selected.

A resumé wouldn’t give you such opportunities.

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3 years ago

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The ______________card can be used anywhere.

Assoli18 [71]

Answer:

Multi-purpose credit is the answer

Explanation:

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3 years ago