BUSINESS HIGH SCHOOL

Failure to adequately plan for retirement can result in A. financial dependence on children.
B. early retirement.
C. loss of Social Security benefits.
D. additional taxes.

Answers

Answer 1
Answer: I believe the answer is 'D. Additional Taxes'

Hope this helps.

Related Questions

Drs. James and Janet Baker saw that many people experienced difficulty and frustration when typing, some because of physical disabilities. So they invented a voice recognition software to allow users to talk to the computer. Their ideas have become Dragon Naturally Speaking, a popular talk-to-type software application. Which of these statements describes their startup? A) Borrow heavility from existing products or services. B) Combine two businesses to create a market opening. C) Begin with a problem in mind or a pain you can relieve. D) Recognize a hot trend and ride the wave.
According to the agency problem, _________ represent the principals of a corporation.a. shareholders b. managers c. employees d. suppliers
Complainer in the workplace
Suppose you buy clothes at Mimi's Clothing Shop. Your spending is Mimi's _____.
Which of these investments may pay dividends?

Geoff rents an apartment with a monthly rent of $850. He owns the furniture in the apartment, which is worth $3,500, and he owns his car, which is worth $6,000. Geoff has a balance of $1,225 on his credit card and has $3,560 in a savings account.

Answers

Answer:

D. the credit card

Explanation:

took test on edge 2021
Are you asking about the total costs of living that Geoff have?
He owns a furniture in the apartment which is worth 3500 dollars and car which is worth 6000 dollars
=> 3500 + 6000 = 9500 dollars.
He also have a savings of 3560 dollars
=> 9500 + 3560 = 13,060 dollars.
now, he pays 850 dollars for rent and 1225 dollars for his credit card
=> 1225 + 850 = 2075
=> 13,060 dollars. - 2075= -10985 dollars.

What is an accountant
what do they do for a living

Answers

Answer:

An accountant is a professional who is responsible for keeping and interpreting financial records. Most accountants are responsible for a wide range of finance-related tasks, either for individual clients or for larger businesses and organizations employing them

Explanation:

Which form of promotion would be most effective at correcting a damaged business reputation?public relations



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direct marketing



sales promotions

Answers

Public relations and Sales promotions to earn the trust from the public again.

Answer:

A: Public Relations

Explanation:

#PlatoFam

what are the documents required by department of trade and industry when registering for a private company

Answers

Social security for employee profiling,insurances, and other employee and company benefits

Business permit, so that your business is legaland has passed through the scrutiny of safety and reliability

Taxidentification  to ensure that in everyprofit you gain, you will be giving a part of it to the country to improve itsservices

Mydeco Corp. 2009–2013 (All data as of fiscal year end; in $ million)
(All data as of fiscal year end; in $ million)
(All data as of fiscal year end; in $ million)
(All data as of fiscal year end; in $ million)
(All data as of fiscal year end; in $ million)

Income Statement

2009

2010

2011

2012

2013

Revenue

404.3

363.8

424.6

510.7
See Table 2.5 showing financial statement data and stock price data for Mydeco Corp. Suppose My-deco’s costs and expenses had been the same fraction of revenues in 2010–2013 as they were in 2009. What would My-deco’s EPS have been each year in this case?
Table 2.5

Mydeco Corp. 2009–2013

(All data as of fiscal year end; in $ million)
(All data as of fiscal year end; in $ million)
(All data as of fiscal year end; in $ million)
(All data as of fiscal year end; in $ million)
(All data as of fiscal year end; in $ million)

Income Statement

2009

2010

2011

2012

2013

Revenue

404.3

363.8

424.6

510.7

604.1

Cost of Goods Sold

(188.3)

(173.8)

(206.2)

(246.8)

(293.4)

Gross Profit

216.0

190.0

218.4

263.9

310.7

Sales and Marketing

(66.7)

(66.4)

(82.8)

(102.1)

(120.8)

Administration

(60.6)

(59.1)

(59.4)

(66.4)

(78.5)

Depreciation & Amortization

(27.3)

(27.0)

(34.3)

(38.4)

(38.6)

EBIT

61.4

37.5

41.9

57.0

72.8

Interest Income (Expense)

(33.7)

(32.9)

(32.2)

(37.4)

(39.4)

Pretax Income

27.7

4.6

9.7

19.6

33.4

Income Tax

(9.7)

(1.6)

(3.4)

(6.9)

(11.7)

Net Income

18.0

3.0

6.3

12.7

21.7

Shares outstanding (millions)

55.0

55.0

55.0

55.0

55.0

Earnings per share

$0.33

$0.05

$0.11

$0.23

$0.39

Balance Sheet

2009

2010

2011

2012

2013

Assets





Cash

48.8

68.9

86.3

77.5

85

Accounts Receivable

88.6

69.8

69.8

76.9

86.1

Inventory

33.7

30.9

28.4

31.7

35.3

Total Current Assets

171.1

169.6

184.5

186.1

206.4

Net Property, Plant & Equip.

245.3

243.3

309

345.6

347

Goodwill & Intangibles

361.7

361.7

361.7

361.7

361.7

Total Assets

778.1

774.6

855.2

893.4

915.1

Liabilities & Stockholders’ Equity





Accounts Payable

18.7

17.9

22

26.8

31.7

Accrued Compensation

6.7

6.4

7

8.1

9.7

Total Current Liabilities

25.4

24.3

29

34.9

41.4

Long-term Debt

500

500

575

600

600

Total Liabilities

525.4

524.3

604

634.9

641.4

Stockholders’ Equity

252.7

250.3

251.2

258.5

273.7

Total Liabilities & Stockholders’ Equity

778.1

774.6

855.2

893.4

915.1

Statement of Cash Flows

2009

2010

2011

2012

2013

Net Income

18

3

6.3

12.7

21.7

Depreciation & Amortization

27.3

27

34.3

38.4

38.6

Chg. in Accounts Receivable

3.9

18.8

0

-7.1

-9.2

Chg. in Inventory

-2.9

2.8

2.5

-3.3

-3.6

Chg. in Payables & Accrued Comp.

2.2

-1.1

4.7

5.9

6.5

Cash from Operations

48.5

50.5

47.8

46.6

54

Capital Expenditures

(25.0)

(25.0)

(100.0)

(75.0)

(40.0)

Cash from Investing Activities

(25.0)

(25.0)

(100.0)

(75.0)

(40.0)

Dividends Paid

(5.4)

(5.4)

(5.4)

(5.4)

(6.5)

Sale (or purchase) of stock

-

-

-

-

-

Debt Issuance (Pay Down)

-

-

75.0

25.0

-

Cash from Financing Activities

(5.4)

(5.4)

69.6

19.6

(6.5)

Change in Cash

18.1

20.1

17.4

(8.8)

7.5

Mydeco Stock Price

$7.92

$3.30

$5.25

$8.71

Answers

the answer is 2009 alright.

The Item column of the ledger account for the opening first entry for the ledger accountsshould contain the
A. word Cash.
c. account title.
B. words Opening Entry.
d. word Balance.

Answers

The first item in the ledger account's Item column for the opening entry should be the account title. This provides a clear description of the account's purpose. Following entries will include transaction details.

  • The question relates to the first item that appears in the Item column of the ledger account when making the first entry for the accounting period, otherwise known as the opening entry.
  • Typically, the first item in the ledger account should be the account title.
  • This means that the correct choice would be 'c. account title'.
  • The account title provides a clear description of what the account is used for.
  • The subsequent entries would then usually involve transactional details including the date, description, debit, credit, and running balance.

Learn more about Ledger Accounts here:

brainly.com/question/34866246

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It's either Opening Entry or Account title following this order

Who, what, and When.
Who would be the company or the person's name
What would be if it's a balance sheet, income statement, Chart of accounts, or trial balance.
When is the date.

Example

Stockholm's Company
Balance Sheet
February 1, 2015
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