The Social Security fund dry up at its current level in 2042. Thus, option C is correct.
What is Social security?Social Security is a pay-as-you-go system in which revenues and any cumulative surplus support all benefits; payroll tax payments are not set aside for future payouts to a specific taxpayer.
Current employees will continue to receive Social Security payments when the trust fund's reserves run out in 2034, but future retirees may only get 78% of their full benefits unless Congress acts.
On August 14, 1935, US President Franklin D. Roosevelt signed the Social Security Act into law. Yet, it will take more time for the Social Security program to become the backbone of the United States' social safety net.
Employees and companies pay a specific payroll tax to finance Social Security benefits. Hence, option C is correct.
Learn more about Social security here:
https://brainly.com/question/23913541
#SPJ7
Pete is trying to get a loan. He has a credit score of 480. How is Pete’s lender likely to view this credit score? Pete is responsible and will pay the loan back on time. Pete is responsible but will not pay the loan back on time. Pete is irresponsible but will pay the loan back on time. Pete is irresponsible and will not pay the loan back on time.
Answer:
Pete is irresponsible and will not pay the loan back on time.
Explanation:
Borrowers can be classified into four groups depending on their credit scores. Credit score range from 300 to 850
Scores between 300 to 629: Bad
From 630 to 689: Fair
From 690 to 719: Good
From 720 t0 850 : Excellent
Pete is in the lower band of credit score. His credit score is very low. It could be a result of bad history in debt repayment. For this reason, lenders will assess him as a high-risk customer. Pete is poor at managing debts and is likely to default on future loans.
Answer:
D
edge 2021saaaa d feezsqqaazz
High government expenditures can lead to a bigger
revenue.
stimulus.
deficit.
surplus.
Answer:
deficit.
Explanation:
The term deficit describes the scenario where government expenditures exceed the projected revenues. It is when the government intends to spend more money than it can raise. Therefore, a deficit is when the government expenses are more than the revenue collected.
Defic contrasts with a surplus, which is a situation where revenues exceed expenses. The government borrows from the domestic and international markets to cover the shortfall associated with a
High government expenditures can lead to a bigger : Deficit
What is government expenditure?Government expenditure is the purchase of goods and services, which comprises public consumption and public investment.
The term deficit describes the scenario where government expenditures exceed the projected revenues. It is when the government intends to spend more money than it can raise.
Deficit arises because the government has engaged in extra spending projects like :
Infrastructure spending.Grants to businesses.Therefore, high government expenditures can lead to a bigger deficit.
Learn more about government expenditure here : https://brainly.com/question/8536553
Gaia’s gross pay per month is $2,895. Her deductions are listed in the table. Deduction Dollar Amount Federal Income Tax $324 State Income Tax $96 Social Security $126 Medicare $39 What is Gaia’s net pay each month? $2,310 $2,349 $2,475 $2,571
Answer:
$2,310
Explanation:
Net pay is obtained by deducting all expenses for the gross pay.
I.e., Gross pay - deductions = net pay
Gross pay = $2,895
Deductions are
Federal Income Tax $324
State Income Tax $96
Social Security $126
Medicare $39
Total deductions = $585
Net pay = $2,895 - $585
Net pay =$2,310
Answer:
hi the answer is A) 2,310
Explanation:
hope this helped
Activity 4
எப்பMdwood
Erik wants to calculate the break-even point for the number of jobs needed for the new
transport service. He has given you the following figures for the first month of operation.
Fixed costs
£60.00
Variable costs for each job £3.50
Selling price for each job £18.50
The formula used to calculate the break-even point for each job is
Break-even point =
Fixed costs
(Selling price - variable cost)
(a) Using the figures given, calculate the break-even point.
(2)
Show your workings.
Answer:
=4 jobs
Explanation:
As per contribution margin theory,
the formula for calculating the break-even point is as below
Break-even point = fixed cost/ contribution margin per unit
for this transport service
Fixed costs £60
contribution margin per unit = selling price - variable expenses
= £18.50 - £3.50
=£15
Break-even points =£60/£15
=4 jobs
Cactus cactus? or Bagel bagel?
Answer:
Both
Explanation:
Explain the levels of shariah rulings by giving examples of each relevant to the financial transaction.
Answer:
The levels of shariah rulings by giving examples of each relevant to the financial transaction is explained below in complete details.
Explanation:
Rules of Islamic Finance
The laws of Islamic finance adhere to the general sources of withdrawing Qimar and Maysir which are betting and gambling along with Gharar which is risk linked with exploitation and unfairness. This shuts access to the theory of interest and prevents the use of conventional debt-based devices. The Islamic financial system promotes risk-sharing, encourages entrepreneurship, discourages dangerous behavior, and emphasizes the sacredness of contracts.
Which statement best describes the introduction of an argumentative essay?
The introduction acquaints readers with the topic and sets up the ideas that will be presented.
The introduction establishes the focus of the essay and tells readers what the writer’s position will be.
The introduction ties the essay together and tells readers what they have learned and should take away.
The introduction fleshes out the argument and includes counterclaims and evidence from research.
The statement that most appropriately narrates an argumentative essay's introduction would be:
A). The introduction acquaints readers with the topic and sets up the ideas that will be presented.
The key characteristics of the introduction of an argumentative essay include:
1). Grab the interest and attention of the readers.
2). Offer contextual or background details of the topic.
3). Informing the reader about the topic, and the key claims and ideas(thesis statement) that are going to be presented throughout the essay.
Thus, the introduction of an 'argumentative essay' provides a basic idea about the topic and content of the essay and prepares their mindset accordingly.
Hence, option A is the correct answer.
Learn more about 'Argumentative essay' here:
brainly.com/question/1443709
Answer:
A. The introduction acquaints readers with the topic and sets up the ideas that will be presented.
Explanation:
took the test ;)
Engineering Chiefs, a large U.S.-based mechanical engineering firm, wants to enter the global market.
Upon careful analysis of the market, they will find that global trade
(1 point)
A. opportunities are diminishing.
B. is dominated by emerging, developing countries.
C. is likely to be severely restricted in the future by nontariff trade barriers.
D. is big business today and is expected to be more important in the future.
Answer:
D. is big business today and is expected to be more important in the future.
Explanation:
Advancement in technology, improved logistics and transports networks, and cooperation between countries are some of the reasons making international trade grow exponentially. The flow of people and commodities across borders is much faster and easier in modern times. Many countries also have liberalized their economies, resulting in fewer restrictions on imports and exports.
Due to these reasons, international trade has become very competitive. The quantities and value of international trade are increasing and will continue to grow. The interdependence of firms in and countries mean that international trade will remain important.
Which of these headlines represents institutional advertising?
A. "We have new prom dresses on sale."
B. "We have the best cookies in town."
C. "Purchase our new software today."
D. "We are the best at accounting."
Answer:
D
Explanation:
they are promoting their value to the industry and not trying to inform about a specific product. the intent of institutional marketing is to build trust in the brand.
The headline that represents institutional advertising is "We are the best at accounting. Thus the correct option is D.
What is advertising?
Advertising is referred to as a tool of promotion used to create awareness about the product or services among the customers which persuade them to make a purcahse and increase the sale of teh company.
In institutional advertising, there is no advertisement to sell products instead they focus on selling their services through their values and ethics. They highlight their values to customers so that customers can give their attention which improves their reputation.
"We are the best at accounting" describes promoting the brand's value among customers which best appropriate example for institutional advertising where they reflect a positive image of the brand.
Therefore, option D is appropriate.
Learn more about Advertising, here:
https://brainly.com/question/3163475
#SPJ5
Hy plz help me ☺️spirit is needed to develop team spirit how?
Answer:
teheteheeeee
Explanation:
PLEASE HELP!
the length of a cover letter should be concise, about __ to __ paragraphs.
A. 4;5
B. 1;2
C. 3;4
D. 2;3
Answer:
C. 3;4
Explanation:
A cover letter is sent together with the resume to a potential employer. It details the job an applicant is applying for and their qualification for the position. The cover letter allows the applicant to elaborate on their skills and experiences in relation to the position sought after.
The cover letter is a perfect way to create an excellent first impression on the employer. It should be about three to four paragraphs long.
who is johnny sins?
A - a doctor
B -dentist
C -firefighter
Answer:
A-doctor
Explanation:
fwweeeeee brainliest!!
A person who fails to make loan payments on time is likely to face which
consequence?
A. Paying higher interest rates on future loans
B. Having his or her credit score greatly increased
C. Being arrested and charged with bank fraud
D. Being given a lower debt-to-income ratio
A person who fails to make loan payments on time is likely to face the consequence of paying higher interest rates on future loans. The correct option is A.
When a borrower fails to make loan payments on time, it can negatively affect their credit score. This can make it harder to obtain future loans or credit cards, and lenders may charge higher interest rates to compensate for the increased risk of lending to someone with a lower credit score.
It is important to note that failing to make loan payments on time does not typically result in being arrested and charged with bank fraud. However, it is important to communicate with the lender and work out a plan for repayment to avoid further consequences such as defaulting on the loan or having the loan sent to a debt collection agency.
Thus, the ideal selection is option A.
Learn more about Loan here:
https://brainly.com/question/11794123
#SPJ7
major factors influencing economic growth
Answer:
Some major factors:
Natural Resources
Physical Capital or Infrastructure
Population or Labor
Human Capital
Technology
Law
Poor Health & Low Levels of Education
Lack of Necessary Infrastructure
Explanation:
Answer:
Natural Resources
Physical Capital or Infrastructure
Population or Labor
Human Capital
Technology
Law
Poor Health & Low Levels of Education
Lack of Necessary Infrastructure
Explanation:
To increase tax revenue, the us government in 1932 imposed a 2 cent tax on checks written on bank account deposits (in today's dollars, this tax would amount to about 34 cents per check.)
a. How do you think the check tax affected the currency-deposit ratio? Explain
b. Use the model of the money supply under fractional-reserve banking to discuss how this tax affected the money supply
c. Many economist believe that a falling money supply was in part responsible for the severity of the great depression of the 1930s. From this perspective, was the check tax a good policy to implement in the middle of the great depression?
Answer:
A) by introducing the check tax, the government actually made the people use more cash and less checks in order to avoid paying the tax. This lead to an increase in the currency deposit ratio, which means that people have more cash and less money deposited in the banks.
B) since the currency deposit ration increased, banks had less money to borrow, which in turn decreased the money multiplier and the banks' ability to create money.
C) carrying out this policy was like engaging in a contractionary monetary policy which was a terrible idea. The government should have done the opposite and expand the money supply and the banks' ability to create money in order to boost economic growth.
Which question can help a writer analyze a prompt and develop a claim for an argumentative essay?
Does the conclusion restate the claim?
What is the main purpose of the essay?
Is supporting evidence included?
Is the claim clearly stated?
the answer is b.
i took the test
The following question can help a writer analyze a prompt and develop a claim for an argumentative essay:
What is the main purpose of the essay?Argumentative essaysThe question mentioned can help you analyze a prompt and develop a claim for an argumentative essay because it makes the writer think about the reason they are writing an argumentative essay, what do they want to write about and what they want the reader to know about this specific topic.
Check more information about argumentative essays here https://brainly.com/question/11483098
HURRY PLEASE I WILL MARK BRAINLIEST (answer one by one please)
Lindsay needs to purchase a car. The car she wants to buy costs $8,000. She has saved $2,000 for her down payment. She is offered credit terms of 3% APR for a term of 3 years. Please calculate the following:
Blank 1: To purchase the car, what is the amount that Lindsay will need finance? (1 point)
Blank 2: In one year, how much interest will Lindsay pay on this loan? (1 point)
Blank 3: After three years, what will the actual/total cost of the car be in dollars? (3 points)
(down payment+amount financed+interest=actual cost of car)
Answer:
c
Explanation:
blank 1 400
blank 2 4800
blank three 8000
Explanation:
teheeheeee
Help i’m behind and i need to finish this assignment !
Answer:
Long term goals
please help (:
20 pts !!
I assume this is referring to the font point (pt) or the font size, for example, 11pt as you have on that image.
If this is referring to the name of the specific part of a word processing program to change font size please let me know and I will do some searching to find your answer.
Wrote off an uncollectible account for $650. Provided $88,000 of services on account. Provided $32,000 of services and collected cash. Collected $81,000 cash from accounts receivable. Paid $65,000 of salaries expense for the year. Adjusted the accounts to reflect uncollectible accounts expense for the year. Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible. d-1. Organize the transaction data in accounts under an accounting equation. d-2. Prepare an income statement for 2019. d-3. Prepare the statement of changes in stockholders' equity for 2019. d-4. Prepare the balance sheet for 2019. d-5. Prepare the statement of cash flows for 2019. d-6. What is the net realizable value of the accounts receivable at December 31, 2019?
Answer:
This question is incomplete. Since it is missing most of the information, I looked for a similar question and found this:
2018:
Issued $10,000 of common stock for cash. Provided $78,000 of services on account. Provided $36,000 of services and received cash. Collected $69,000 cash from accounts receivable. Paid $38,000 of salaries expense for the year. Adjusted the accounting records to reflect uncollectible accounts expense for the year. Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible. Closed the revenue account. Closed the expense account.
2019:
Wrote off an uncollectible account for $650. Provided $88,000 of services on account. Provided $32,000 of services and collected cash. Collected $81,000 cash from accounts receivable. Paid $65,000 of salaries expense for the year. Adjusted the accounts to reflect uncollectible accounts expense for the year. Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible.journal entries 2018Issued $10,000 of common stock for cash.
Dr cash 10,000
Cr common stock 10,000
Provided $78,000 of services on account.
Dr accounts receivable 78,000
Cr service revenue 78,000
Provided $36,000 of services and received cash.
Dr cash 36,000
Cr service revenue 36,000
Collected $69,000 cash from accounts receivable.
Dr cash 69,000
Cr accounts receivable 69,000
Paid $38,000 of salaries expense for the year.
Dr wages expense 38,000
Cr cash 38,000
Adjusted the accounting records to reflect uncollectible accounts expense for the year. Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible.
Dr bad debt expense 450
Cr accounts receivable 450
Closed the revenue account. Closed the expense account.
Dr service revenue 114,000
Cr income summary 114,000
Dr income summary 38,450
Cr wages expense 38,000
Cr bad debt expense 450
Dr income summary 75,550
Cr retained earnings 75,550
income statement 2018
Service revenue $114,000
Expenses:
Wages $38,000 Bad debt $450 ($38,450)Net income $75,550
balance sheet 2018
Assets:
Cash $77,000
Accounts receivable $8,550
total assets $85,550
Equity:
Common stock $10,000
Retained earnings $75,550
total equity $85,550
statement of cash flows 2018
Cash flows form operating activities:
Net income $75,550
adjustments:
Increase in accounts receivable ($8,550)
net cash from operating activities $67,000
Cash flow from financing activities:
Common stocks issued $10,000
Net cash increase $77,000
beginning cash balance $0
Ending cash balance $87,000
journal entries 2019
Wrote off an uncollectible account for $650.
Dr bad debt expense 650
Cr accounts receivable 650
Provided $88,000 of services on account.
Dr accounts receivable 88,000
Cr service revenue 88,000
Provided $32,000 of services and collected cash.
Dr cash 32,000
Cr service revenue 32,000
Collected $81,000 cash from accounts receivable.
Dr cash 81,000
Cr accounts receivable 81,000
Paid $65,000 of salaries expense for the year.
Dr wages expense 65,000
Cr cash 65,000
Adjusted the accounts to reflect uncollectible accounts expense for the year. Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible.
Dr bad debt expense 745
Cr accounts receivable 745
income statement 2019
Service revenue $120,000
Expenses:
Wages $65,000 Bad debt $1,395 ($38,450)Net income $53,605
balance sheet 2019
Assets:
Cash $125,000
Accounts receivable $14,155
total assets $139,155
Equity:
Common stock $10,000
Retained earnings $129,155
total equity $139,155
statement of cash flows 2019
Cash flows form operating activities:
Net income $53,605
adjustments:
Increase in accounts receivable ($5,605)
net cash from operating activities $48,000
Net cash increase $48,000
beginning cash balance $77,000
Ending cash balance $125,000
net realizable value accounts receivable
net realizable value of accounts receivable 2018 = $8,550
net realizable value of accounts receivable 2019 = $14,155
If Adam orders a book from Store X, how much will he owe to the nearest cent? The tax rate only applies to the cost of the book. Comparison of Online Bookstores Store X Store Y Cost of book $17.00 $18.00 Tax rate 6% 8% Shipping 10% of cost of the book FREE
Answer:
$19.72
Explanation:
The costs associated with ordering from store X are
cost of the books $17tax rate 6%Shipping cost 10%The total cost that Adam will pay
a). cost of the book $17.00
b). 6% tax
=6/100 x $17
=0.06 x $17
=$1.02
c). The shipping rate 10%
=10/100 x $17
= 0.1 x $17
=1.7
Adam will pay =$17 +$ 1.02 +$ 1.7
=$19.72
Answer:
$19.72
Explanation:
1, Find tax:
17.00(0.06)=1.02
another way:
17.00(6/100)
2, find shipping:
17.00(0.10)=1.70
or:
17.00(10/100)
3, add:
original add tax add shipping
17 + 1.02 + 1.7= 19.72
Answer: $19.71
Fiber optics have been "too good for their own good," fueling an over-reliance on (wireless) cloud computing that now requires integrated photonics to relieve the increasing demands society makes of the technology. Can you think of another example where such a back-and-forth between a technology's capability and society's response has guided its evolution?
Answer:
Cell phones
Explanation:
If we go back a few years in time, a little over 30 years actually, cell phones were not smart and you could only talk with them. Actually, they were so big and heavy, that you could use them as hammers also. Motorola's first cell phone was as big as a shoe box and weighted around 2.5 pounds. Back then cell phones were expensive and very few people used them.
Fast forward a few years and smaller cell phones appear and 2G technology arrives. You could use a cell phone to call or message someone else. As cell phones got cheaper, more and more people started to use them and companies like AT&T started to collapse and you couldn't get a decent signal anywhere.
But cell phones would continue to improve and 3G was developed in order to satisfy the growing number of consumers. AT&Ts signal was still terrible. Blackberry came and phones started to get smarter. But as cell phones got smarter, more people wanted them. Then came Steve Jobs with the iPhone and demand grew so much that all the companies' systems collapsed (now all were as bad as AT&T).
That led to the introduction of 4G technology, but even before 4G technology is available everywhere, 5G technology has been developed. Finally, 5G technology is available in all the US (this year AT&T managed to do so, although Verizon did it earlier). But in other countries, 5G technology is already becoming obsolete and 6G is soon to be the standard.
Our everyday use of smart devices has forced technological advances to speed up. It took about 15 years for 2G to arrive, and then it took about 10 for 3G to be available. But in less than 15 years other countries have gone from 3G to 6G (China has already launched its 6G satellites which will start providing that technology).
Do you like it? Should I add it as my background?
Answer:
yeah it's pretty and you should add it but the picture is a little grainy so i would suggest finding a similar photo (or the same one) but less grainy
Explanation:
Answer:
omg!! yass
Explanation:
What is one way a market economy affects the lives of private citizens?
Citizens can change jobs relatively easily.
Citizens cannot choose their own careers.
Citizens do not have to pay for their housing.
Citizens have little freedom and independence.
Answer:
A. citizens can change jobs relatively easily
Explanation:
Edge Test
A way the market economy affects the lives of private citizens is citizens can change jobs relatively easily.
What is the market economy?
A market economy is an economy where production decisions are made by the economic forces. There is little or no intervention of the government in production decisions.
Characteristics of a market economy:
Private ownership of means of productionfreedom of choice.To learn more about a market economy, please check: https://brainly.com/question/2343400
What are the five foundations? Include purpose/ importance of each step
Answer:
cream promina lotus Vaseline Himalayan neem jgdaadhkjjhfddfhiklbddbbccsssdfgyuterrtttgfddsssddfffgggh
Do you think it is easy or difficult for
different types of personalities to work
together?
PLEASE HELP ME
Answer:
This question does not have a single possible answer, as it depends on whether the different personalities are antagonistic or complementary to define whether it is easy or difficult for people with these personalities to work together.
Thus, for example, if one person is irascible and the other is calm and understanding, most likely both personalities complement each other without problems and can work together. On the other hand, if a person with a haughty and arrogant personality is added to the irascible personality, it is most likely that both will give each other negative feedback, making it almost impossible to work together.
The weather forecast calls for sunny skies tomorrow. What weather condition is associated with GOOD weather
Answer: Fair: A weather term implying no precipitation and no extreme conditions of clouds, visibility or wind.
Explanation:
Production is not complete Until goods
reaches the final Consumer Explain
Answer:
B. goods reached the final consumer
Multiple-choices
A. goods gets to the wholesaler
B. goods reached the final consumer
C. factors of production are combined
D. goods are ready for transportation
E. wholesalers ask the firms to produce
Explanation:
Like all other businesses, a firm that produces goods for sale is driven by profit motives. The producer's main objective is to make goods that satisfy the customer's need and make profits. For this objective to be met, the producer must find a way of getting the goods to the consumer.
A marketing distribution channel or the distribution channel is the avenue producers use to deliver their products to final consumers. The channel has businesses ranging from distributors, wholesalers to retailers. The retailer is the final trader who sells directly to consumers. It is the consumer that pays the price for the goods, thereby earning the producer their profits.
Rachel earned $40.000 at her job last year. She pays 25% of her income as taxes. What amount did Rachel pay in taxes last year?
Answer:
10,000
Explanation:
25÷100= 0.25
0.25× 40,000= 10,000
Answer:
$10.000
Explanation:
You are welcome