Your friend is in the category of people considered to have HIGH INCOME.
Friend's salary is more than $1 million and he lives off a credit card. He has high income but net worth can't be determined.
Answer:A. 150% of Ben's Social Security benefits.
Explanation:Social Security Benefits is a program managed by the SOCIAL SECURITY ADMINISTRATION (SSA),it is a Federal Government program that aims to support the Aged and retired workers in the United States of America. It also have a program for the Disabled people of the United States of America. According to the Enabling Laws, when both Ben and Carla have the Social security Benefits of getting 150% of Ben's social security benefits.
Answer:
Scubapro Corporation
The investor who currently has 20,000 shares has the right to buy this number of shares, if she exercises her preemptive right:
E) 8,000 shares.
Explanation:
Data and Calculations:
Outstanding common stock = 500,000
Planned issue of additional shares = 200,000
Proportion of new issue to outstanding = 0.40 (200,000/500,000)
For an investor with 20,000 shares, she has the right to buy 8,000 (20,000 * 0.40) additional shares.
You can always call into the bank that you have the credit card from. Or call the service number, or contact a financial adviser
C.prepare a list of ledger accounts used in the business
b.balance the ledger accounts
a.total the debit column of the trial balance and then total the credit column of the trial balance
d.transfer.the ledger accounts To a trial balance or list the balance account. if the ledger account shows a debit,balance the debit side of the trial balance.if the ledger account shows a credit,balance the credit side of the trial balance.