Answer:
(a) that the traditional format organised cost into cost of goods sold and selling and administrative expenses while contribution format organizes cost into variables and fixed cost
Answer:
9.10%
Explanation:
Data provided in the question:
Buying cost of the preferred stocks = $40
Selling cost of the preferred stock = $40
Dividends received = $4
Now,
The total before-tax income = Dividend received = $4
After the 70% exclusion for preferred stock dividends,
The taxable income = 0.30 × $4
= $1.20
Thus,
Taxes = 0.30 × $1.20
= $0.36
Therefore,
The After-tax income
= $4.00 - $0.36
= $3.64
Hence,
Rate of return = [ After-tax income ÷ Buying cost ] × 100%
= [ $3.64 ÷ $40.00 ] × 100%
= 9.10%
A public school teacher most likely to have a pension plan.
<h3>What does a pension plan mean?</h3>
A pension plan is a type of employee benefits program created or maintained by an employer, an employee group (such a union), or both that offers retirement income or postpones income until the end of the covered employment period or beyond.
An employer must contribute to a fund that is set aside for a worker's future benefit in order to participate in a pension plan. When the worker retires, the earnings from the investments will provide income for the worker. The pool of cash is invested on the employee's behalf. In the U.S. private sector, traditional pension plans are getting harder to find.
To learn more about pension plan, visit:
brainly.com/question/28319433
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Answer:
d.) discretionary expenses
Explanation:
We can explain going further into what is each item.
<u>A and B are your income </u>(for this question don’t sweat about the difference between gross and realized). They will constitute all the money you have in that period (the period will depend on the regularity of your income, it could be weekly, monthly, etc.).
Your fixed expenses are the things you will expend money on which, no matter what happens, will not change (it could be your rent, tax, health insurance, etc.).
Discretionary expenses, however, are costs that are things that you WANT, not NEED. It could go anywhere from a new shoe to a new boat (if you´re feeling rich, that is lol). That kind of expense will impact your available money (hey, nothing is free) but is not part of your budget as it is not a planned cost.
However, is important to note that if you wanna be super Monica Geller with your money you should forecast your discretionary expenses. Using your history as a base for calculating will eliminate most of the margin error.
Making a line for ur chart i'm guessing
