Answer:
$8,000
Explanation:
Jahwana earns $40,000:
her 401k contributions = 15% x $40,000 = $6,000
Jahwana's employer contributes $1 per $1 that she contributes but only up to 5%, so her employee's 401k contribution = 5% x $40,000 = $2,000
total annual contribution = $6,000 + $2,000 = $8,000
Answer:
C. Insurance expense will increase $2,250
Explanation:
On April 1 2016, the following journal entry will be recorded in respect of the premium paid on a one year insurance policy:
Debit Credit
Prepaid Insurance $3,000
Cash $3,000
The year end given in this question is December 31, 2016 and the insurance premium is for one year and since the insurance premium is paid on April 1, 2016, therefore, only expense in respect of 9 months i.e. from April 1, 2016 to the December 31, 2016 will be recognised in this year. Remaining expense of three months will be recognised in the Year ended December 31,2017.
The following Journal entry will be recorded in respect of insurance expense in accounts on December 31, 2016.
Debit Credit
Insurance expense(3,000*9/12) 2,250
Prepaid Insurance 2,250
So the answer will be C. Insurance expense will increase $2,250
Answer: 5.23%
Explanation:
Given , interest rate, r =0.08; current exchange rate, c =0.78 and forward
rate, f= 0.76
Let X represent the return earned by the U.S. investing in Canadian security
x = 1+((1+r)*f/c)
x =1+(1.08*[0.76/0.78])
= 5.23%.
Entrepreneurial team is a group of experienced people from different areas of business who join together to form a managerial team with the skills needed to develop, make, and market a new product.
<h3>What is
Entrepreneurial team?</h3>
Entrepreneurial team serves as the team that come together to form a team of managers so that can carry out research to work on a new product.
They are usually from different areas of business with necessary skills for the work.
Learn more about Entrepreneurial team on:
brainly.com/question/16258491
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