1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Natalka [10]
3 years ago
13

Holly's salary is $80,000 per year. She contributes 10% of her salary to her 401(k) plan. Her employer contributes 5% of her sal

ary to a profit share plan. She also contributes $2,500 per year to an IRA. Holly's savings ratio is
Business
1 answer:
pochemuha3 years ago
5 0

Based on the amount that Holly contributes per year, her savings ratio can be said to be<u> 18.1%. </u>

<h3>Savings Ratio</h3>
  • Percentage of annual salary that is contributed to retirement funds.
  • Includes savings made by employer.

Holly's savings are:

= (10% + 5%) of salary + Contribution to IRA

= (15% X 80,000) + 2,500

= $14,500

Savings ratio is:

= Savings / Annual salary

= 14,500 / 80,000

= 18.1%

In conclusion, savings ratio is 18.1%.

Find out more about IRA at brainly.com/question/1637877.

You might be interested in
A perfectly competitive market has a. only one seller. b. at least a few sellers. c. many buyers and sellers. d. firms that set
Natali [406]

Answer:

c. many buyers and sellers.

Explanation:

A perfect market for competition is a market that has a high level of competition.

It has the following features -  

1. With regard to the market, knowledge is great in this rivalry between producer and consumer.

2. Free entry, and exit  

3. Deals with same or homogeneous products  

4. The sellers and buyers are more in this market  

5 0
3 years ago
_____ occurs when a government demands partial transfer of ownership and management responsibility and imposes regulations to en
Reil [10]

Answer: Domestication.

Explanation:

Domestication is a method of contoling foreign investment in a country by setting limits to what a foreigner can own in a country. Domestication ensures that the owners of major investments in a country are majorly citizens of that country.

7 0
3 years ago
SUB TO thunderoflight12 and i WILL GET IVE BRAINLIST FOR IT
stepladder [879]
On yt? or what bc ill sub just for it as long as you sub back mine is vxisz on yt
8 0
3 years ago
Read 2 more answers
You are going to sell your house. You are determining what the price should be. To help you, you have collected information of h
viktelen [127]

ANSWER: The data collected is NOT an appropriate representation that can be used to determine how much you should sell your house.

EXPLANATION: A house is evaluated by the contents which were used to build it. For instance a house built with a bricks can not be of the same value with a wood or block house, even though they have the same pattern.

Because the data does not show the values of the contents of the house, which are: walls, pattern, designs, how many stirs, roof, and interior quality, it cannot be used to determine the price you should sell your house.

Also, looking at the data gotten, you can understand that this houses has been sold according to the contents that made up the building, because some old builder were sold more costlier than some new buildings, and some building with a much bigger square feet were sold in a lower price when compared to some buildings with a smaller square feet

4 0
3 years ago
one of the monetary policy goals of the federal reserve is lower budget deficits. group of answer choices true false
Vedmedyk [2.9K]

The given statement is true. Controlling the amount of money in an economy and the channels through which it is provided is known as monetary policy.

<h3>What is monetary policy?</h3>

In order to ensure price stability and public confidence in the value and stability of the country's currency, the monetary authority of a country adopts a policy known as monetary policy. This policy aims to control either the money supply or the interest rate payable for very short-term borrowing, which refers to borrowing by banks from one another to meet their short-term needs.

Controlling the amount of money in an economy and the channels through which it is provided is known as monetary policy. Monetary policy strategy is influenced by economic indicators including the GDP, inflation rate, and industry- and sector-specific growth rates.

The United States of America's central banking system is called the Federal Reserve System. With the passage of the Federal Reserve Act on December 23, 1913, it was established in response to the need for centralized control of the monetary system to prevent financial crises following a string of financial panics.

Hence, The given statement is true.

To learn more about monetary policy refer to:

brainly.com/question/28081787

#SPJ4

8 0
2 years ago
Other questions:
  • Bank laying down norms for bank is : SBI, RIB, RBI or RBG
    6·1 answer
  • The process of labor is an example of a positive feedback loop, because
    14·1 answer
  • Which certificate is the lowest level certification that a personal finance manager requires to sell mutual funds, trusts, and v
    9·2 answers
  • Which statements are false? Money comes in different forms. Money is indivisible.
    14·2 answers
  • Conscious marketing: Group of answer choices is often grafted on to traditional business model, usually as a separate department
    14·1 answer
  • The income statement for Elite Manufacturing Company for the current year is as follows: ​ Sales (15,000 units) $180,000 Variabl
    12·1 answer
  • A. treats financial indicators as the sole measurement of performance B. evaluates performance based on organizational participa
    9·1 answer
  • Company A provides corn to Company B to make into corn syrup. Company B sells its corn syrup to Company C, who makes ice cream f
    12·1 answer
  • Besides advertising new products and services, commercial photography also ____________ a. documents fashion trends at different
    7·2 answers
  • Daimler AG agreed to sell 30 trucks to Romania in exchange for 150 Romanian-made Jeeps, which is an example of
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!