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vichka [17]
3 years ago
6

Why is it important to invest for your retirement? please explain :p

Business
1 answer:
netineya [11]3 years ago
5 0
So that you become self-sufficient and have more control over your life in the future you don’t need to depend on Social Security, Medicare, or even relatives which are unreliable sources that you can’t control.
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PLEASE HELP ME I AM STUCK
Marat540 [252]
The answer is 350000
8 0
2 years ago
Managerial accountants:
Lorico [155]

Managerial accountants provide managers within the organization with reports to make good business decisions.

<h3>Who are Managerial accountants?</h3>

They are account managers, they help a company to manage the financial account and hep to make decisions based on the trend on the account.

They also hep perform various task that is associated with the account.

Therefore, Managerial accountants provide managers within the organization with reports to make good business decisions.

Learn more on managerial accounting here,

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8 0
2 years ago
Which of the following statements best describes the Sherman Act?A. The Sherman Act established the United States Securities and
aleksandr82 [10.1K]

Answer:

B. The Sherman Act allows the US government to regulate activities that restrain competition and trade

Explanation:

The Sherman Antitrust Act of 1890 was first legislation enacted by US congress. It was brought into force to regulate competition and trade among enterprises. This act prohibits agreement in restraint of trade or interference of power in trade like price fixing, bid rigging, etc.

The Sherman Act did not work for long as it restrict the business merger and people are confused about knowing the motive of the act as it is not designed properly.

8 0
3 years ago
Upon her grandfather's death, Jordan inherited 10 shares of Universal Corp. stock that had a fair market value of $5,000. Her gr
Nastasia [14]

Answer: Jordan's recognized gain in the year of sale is $2500.

Explanation:

Given that,

Jordan inherited 10 shares of universal corp. stock upon her grandfather's death and have a fair market value of $5000

Jordan's grandfather purchase these shares in 1995 for $2500

After four months of her grandfather's death, Jordan sold all of the shares for $7500

So,

Jordan's recognized gain in the year of sale = the value of sale - the fair market value at the time of her grandfather's death

= $7500 - $5000

= $2500

4 0
3 years ago
Company A uses the FIFO method to account for inventory and Company B uses the LIFO method. The two companies are exactly alike
alexandr1967 [171]

Company A uses the FIFO method to account for inventory and Company B uses the LIFO method. The two companies are exactly alike except for the difference in inventory cost flow assumptions.  The debt-to-equity ratio measures your company's total debt relative to the amount originally invested by the owners and the earnings that have been retained over time.

The debt to equity ratio using the book value of equity in 2019 would be 2.29.

Finding the debt-to-equity ratio.

This can be found by the formula:

= Interest bearing Debt / Book value of equity

= (Notes payable + Current maturities of long term debt + Long term debt) / Book value of equity

= (10.5 + 39.9 + 239.7) / 126.6

= 2.29

Learn more about debt-to-equity  here

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7 0
2 years ago
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