Linda and Richard are married and file a joint return for 2019. During the year, Linda, who works as an accountant for a national airline, used $2,100 worth of free passes for travel on the airline; Richard used the same amount. Linda and Richard also used $850 worth of employee discount coupons for hotel rooms at the hotel chain that is also owned by the airline. Richard is employed at State University as an accounting clerk. Under a tuition reduction plan, Richard saved $4,000 in tuition fees during 2019. He is studying for a master's degree in business at night while still working full-time. Richard also had $30 worth of personal typing done by his administrative assistant at the University.

What is the amount of fringe benefits that should be included in Linda and Richard's gross income on their 2019 tax return?

Answers

Answer 1

Answer:

$4,850

Explanation:

the amount of fringe benefits that should be included in Linda and Richard's gross income on their 2019 tax return is $4,850

This was gotten by adding $850 worth of employee discount coupons for hotel rooms and $4,000 in tuition fees during 2019

$4,000 + $850

= $4,850

Related Questions

When benchmarking measures against the best levels of performance, these best levels may be found:A. inside the organization.B. outside the organization.C. inside and outside the organization.D. None of these is correct.

Answers

Answer:

C. inside and outside the organization

Explanation:

Benchmarking is the process in which the company compared its products and processes with the other companies to measure its performance.

But for the best performance level here we have to considered it for both internal and outside organization that involves the customers, competitors, suppliers, etc

Therefore the correct option is c

And, the same is to be considered

Please look at the attached document

Answers

When compared to previous years, if the provision for doubtful debts rises in the coming year, it indicates that the business believes there is a greater chance that consumers would miss payments. That is the additional information an analyst would determine from the variability concern.

In 2016 the company's doubtful debts increase to 45,236 which is higher than we compared with the doubtful debts of 2015 43,230 it means that increases in the provision for doubtful debts are a sign of potential risks and uncertainties in the business's receivables, but they do not guarantee that all of the company's customers would be unable to payment their bills. The corporation is being proactive by taking this action to maintain a conservative financial position and account for potential losses.

Learn more about doubtful debts here:

https://brainly.com/question/14301375

#SPJ1

What are the three writing guidelines to follow when writing a resume?

Answers

Answer:

The three guidelines that you should follow are:

1. Write clearly and concisely

2. Give specific numbers and examples

3. Use powerful action verbs

Explanation:

Answer:

1. Write clearly and concisely

2. Give specific numbers and examples

3. Use powerful action verbs

Explanation:

Daniel was driving down the highway at a constant speed of 70mph.

Which of the following graphs demonstrates this?

a b c or d
100 points if u help me

Answers

C is the correct answer

Which of the following best describes China’s role in the auto industry?

China exports a lot of cars, but the reason it is a major part of the auto industry is because it exports a lot of parts.
China exports very few cars, but is a big part of the auto industry because it exports a large number of car parts.
China exports very few cars, but the reason it is not a major part of the auto industry is because it also does not export many car parts.
China exports a lot of cars, but is not a major part of the auto industry because it does not export many car parts.

Answers

China exports a lot of cars, but the reason it is a major part of the auto industry is that it exports a lot of parts. option A is correct.

China's Role in the auto industry.

China has a very crucial role in the auto industry, according to record, in 2018 China is responsible for the production of 30% of the total cars produced.

It is also recorded that China produces more cars than the EU and US combined.

Learn more about the Auto Industry here:
https://brainly.com/question/22821214

#SPJ1

Item 17 A certain cell phone plan charges a fee of $1 for each international call made plus $0. 02 for each second of talk time for the international call. A business owner tracked the time and cost for each of the calls made by the employees when they traveled internationally for business. What is the appropriate value of the correlation between time and cost for the international calls?

Answers

The appropriate value of the correlation between time and cost for the international calls is 1.

Explanation:

The correlation coefficient (r) measures the strength and direction of the linear relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation, 1 indicates a perfect positive correlation, and 0 indicates no correlation.

In this case, the cost of an international call is directly proportional to the time of the call. This means that as the time of the call increases, the cost also increases at a constant rate. Therefore, the correlation between time and cost for the international calls is 1, indicating a perfect positive correlation.

Here's the formula for the cost of an international call:

Cost = $1 + ($0.02 × time)

The $1 is a fixed fee for each call, and the $0.02 is the rate for each second of talk time. So, for each additional second of talk time, the cost increases by $0.02. This shows a direct relationship between time and cost, resulting in a correlation of 1.

Learn more about the appropriate value : https://brainly.com/question/843074

#SPJ11

Select the correct text in the passage.
Read the following paragraph and determine which components highlight the purpose of personal protective equipment.
The food service manager of the restaurant San Lucas requests permission from the owner to buy personal protective equipment for some of the
kitchen staff. The owner comments that it is a good idea. She thinks that personal protective equipment would help the kitchen staff feel happier at
work. The staff would also look more professional when working in the open kitchen. The food service manager added that the personal protective
equipment would keep the employees safer, especially when working with extreme temperature items. He also informed the owner that the equipment
would allow the restaurant to comply with the latest government regulations on food service operations.
Reset
Next

Answers

The purpose of personal protective equipmentis that the personal protective equipment would keep the employees safer, especially when working with extreme temperature items.

What is personal protective equipment?

Personal protective equipment can be described as the meausres that can help to prevent the employee from danger in broader sense oit can be described as the items such as gloves, safety glasses and shoes, earplugs or muffs, hard hats, as well as full body suits that can be used to ensure proper safety with theuse of personal protective equipment.

In conclusion, from the paragraph it can be seen that purpose of personal protective equipment is one that would keep the employees safer, especially when working with extreme temperature items which is the components that highlight the purpose of personal protective equipment.

Learn more about employees at:

https://brainly.com/question/27701525

#SPJ1

introduction of business presentation on investment: securities

Answers

Securities play a vital role in modern investment portfolios, providing individuals and organizations with opportunities to grow their wealth and achieve their financial goals.

Securities are financial instruments that represent ownership or a creditor relationship with a corporation, government, or other organizations. They are tradable assets, such as stocks, bonds, mutual funds, and exchange-traded funds (ETFs).

The primary goal of investing in securities is to generate returns through capital appreciation, income generation, or a combination of both. By investing in securities, individuals and businesses can diversify their portfolios, mitigate risks, and potentially earn higher returns than traditional savings accounts.

Securities offer various advantages to investors. Stocks provide an ownership stake in a company, offering potential capital gains and dividend income. Bonds, on the other hand, represent loans made to governments or corporations and offer fixed interest payments. Mutual funds and ETFs enable investors to pool their money and gain exposure to a diversified portfolio managed by professionals.

Investing in securities requires careful consideration of individual risk tolerance, investment horizon, and financial objectives. It is crucial to conduct thorough research, analyze market trends, and seek professional advice when making investment decisions.

For more questions investment portfolios

https://brainly.com/question/31995785

#SPJ8

1. Doing charitable works for the less fortunate will benefit the company conducting these activities (in what way or ethical perspective?)
2. How important is fairness in sustaining your company business?

Answers

Answer:

Explanation:

1. From a financial and ethical standpoint, helping those in need can be advantageous for a firm in a number of ways. Going back to the community can benefit a business's reputation, brand image, and public relations, which can promote client loyalty and support. When a business participates in charity endeavours, it can also produce favourable press and media attention, which can raise its profile and strengthen its position in the marketplace. Participating in humanitarian endeavours can also raise employee spirits and motivation, which enhances work output and productivity. From a moral standpoint, charitable endeavours show that a business is dedicated to social responsibility and is eager to support the prosperity of the neighbourhood in which it operates. Companies have an ethical obligation to do this to support those who are less fortunate and to contribute to society. Hence, a firm can profit from charity endeavours by upholding its moral duties and encouraging a feeling of social consciousness among its stakeholders.

2. The long-term viability of a corporation depends on fairness. A business fosters a culture of trust and respect that fosters long-term success when it treats its stakeholders fairly, including its employees, clients, suppliers, and other stakeholders. Fairness in business can take many different forms, including fair pay, reasonable working hours, reasonable prices, competitive pricing, and equitable profit sharing. Customers are more loyal to businesses that stress justice because they value and appreciate it. Fair treatment of workers can also lead to increased job satisfaction and higher retention rates. Treating suppliers fairly can promote long-term relationships and strengthen supply chain security. Ultimately, fairness is essential for maintaining a firm because it fosters an environment that promotes moral behaviour, trust, and loyalty among all stakeholders.

in international trade the Monopoly tendency appearing in which form

Answers

Answer:A monopoly is a firm who is the sole seller of its product, and where there are no close substitutes. An unregulated monopoly has market power and can influence prices. Examples: Microsoft and Windows, DeBeers and diamonds, your local natural gas company.

Explanation:

In international trade monopoly appears in the form of a single seller or producer of a commodity which has no close substitute.

The monopolist is the one that is responsible for setting the price here. He has no competitors. What he sets is what the market buys at.

In such a market only one company renders its service or goods to the entire market. The company usually enjoys abnormal profit due to the reasons that I have stated above.

Read more on https://brainly.com/question/3567010?referrer=searchResults

Use your knowledge of the strategic process to select the three missing terms in the following diagram. Step 1 Step 2 Step 3 • Avoid competitive inertia Internal Risk-avoiding strategies • Look for strategic dissonance • Strengths ↓• Wesknesses Strategic reference points External ↓• Opportunities Risk-seeking strategies • Threats Source: Image adapted from Chuck Williams. (n.d.). Management (11st ed.). (Mason, OH: South-Western Cengage 2013). A. Assess Need for Strategic Change B. Conduct Situational Analysis C. Choose Strategic Alternatives Use your knowledge of strategic planning to select the word or phrase that best completes the following sentences.

Answers

Assess Need for Strategic Change will be presented in step 1 from the figure. Thus, option D is correct.

What is a strategic process?

Decision-making is an issue in a strategic process. Choices are only made after receiving facts from numerous sources. That the culture inside the company and the surroundings outside the organization provide this data.

To prepare for shifting economic conditions, a shift in strategy is required. For this, a variety of toolkits. Changes in a company's international and domestic situation can serve as a catalyst for strategic change. Therefore, option D is the correct option.

Learn more about strategic process, here:

https://brainly.com/question/28102251

#SPJ1

Use your knowledge of the strategic process to select the three missing terms in the following diagram.

Which best describes how consumers may benefit from specialization?
Consumers can only purchase high-quality goods.
Consumers have more price options.
O Consumers receive more sale offers.
O Consumers find products at lower prices.

Answers

In specialization a company have produced the product at different price levels. Consumers have more price options.

What is consumer?

A consumer is a person who purchases the goods and or services from the business and is also the ultimate user of the products or services. In specialization the company produces a certain product at many different levels by which they have many price options available which vary according to their customization and quality that can be offered to the consumers and hence the customer can purchase different types of a single product from a single company or Brand.

Learn more about consumer at https://brainly.com/question/14579118

#SPJ1

What might be required of a job candidate today that would not have been necessary 20 years ago?

A. a firm handshake

B. a self-guided video interview

C. a solid resume

D. relevant experience

Answers

20 years ago there was less technology available and candidates were not required to interview through a video, B. A self-guided video interview is required to get a job.

What is Interview?

Interview is the screening process of a candidate to find out if he or she is suitable for the job or not. The candidate with the best skills, education and experience is selected and seated to the job.

Employee screening process includes tests and interview however due to technological advancements the interview is now turned virtual, most of the employers now required a self guided video interview.

Learn more about Interview at https://brainly.com/question/27094569

#SPJ1

Case

Demand/supply

To the right/left

More /less (Q)

Income decrease

1

2

3

Price of raw materials decrease

4

5

6

Price of competitors decrease

7

8

9

Fill in the blanks with the correct behavior of the demand/supply curves

Type in the number relevant to it's location when answering,

ex: 1= when income decreases, supply will... and demand will...

8= When competitors price decrease, the curve will shift to the ....

Answers

Answer:

Je ne sais pas

Explanation:

explain the changing nature of public administration

Answers

The nature of public administration has undergone significant changes over the years. Traditional public administration was characterized by hierarchical structures.

However, with the increasing complexity of modern society, new challenges have emerged that require a more flexible and responsive approach to public administration.

One of the key changes in public administration has been the shift towards more participatory and collaborative approaches. This has been driven by a growing recognition of the importance of engaging citizens and stakeholders in decision-making processes, and the need to build trust and legitimacy in government institutions.

Another important change has been the adoption of technology in public administration. From e-government initiatives to data-driven decision-making, technology has transformed the way that government organizations operate and interact with citizens.

At the same time, there has been a growing emphasis on performance management and accountability in public administration. This has involved the development of performance metrics, the use of benchmarking and evaluation, and a focus on outcomes rather than inputs.

Overall, the changing nature of public administration reflects the broader shifts in society towards greater complexity, interdependence, and accountability. While there are still many challenges to be addressed, the evolution of public administration offers hope for more effective and responsive governance in the years to come.

For more such questions on administration visit;

https://brainly.com/question/1276995

#SPJ11

the Hsu Manufacturing Company has two service departments: Maintenance and Accounting. The Maintenance Department's costs of $300,000 are allocated on the basis of machine hours. The Accounting Department's costs of $120,000 are allocated on the basis of the number of employees within a specific department. The direct departmental costs for A and B are $300,000 and $500,000, respectively. Maint Acctg A B Machine hours 480 20 2,300 200 Number of employees 2 2 8 4What is the Accounting Department's cost allocated to Department B using the direct method

Answers

Answer:

$34,286

Explanation:

Step 1

Total number of employees :

Maintenance 2

Department A 8

Department B 4

Total 14

Step 2

Allocation to Department B :

Department B = 4 / 14 x $120,000

= $34,286

Conclusion :

Accounting Department's cost allocated to Department B using the direct method is $34,286

4. If you enter your credit card information as a requirement for a "free trial" there is
a possibility you could be charged automatically after the trial period is up.
True
O
False
HELP ME

Answers

Answer:

True

Explanation:

If you enter a credit card for a free trial, the card will likely be automatically charged because you have agreed to have your card charged immediately after the free trial period.

Hope this helps! Let me know.

Division of work means that similar activities in an organization should be grouped together under one manager.

Answers

Answer:

True.

Explanation:

Division of work is the act of "dividing the work equally among a group of people."

Talk to a 55-year-old (or older) business professional nearing retirement. This person can be a family member, friend, or mentor. List and describe the savings, investments, and risk management strategies for this phase of life. Describe how financial planning has changed from the earlier phase of life.

Answers

Answer:

The financial planning will differ for the person according to their age. A person who is 50 years older would have money only from his savings. The 55 year old person is retired and would only have money available for living from the saving he had made while he was working. He will not have any other source of income.

Explanation:

The risk management officer should consider the investments by considering his available savings. He should also consider the money required for living as there is no other source of income. The risk appetite for such an old aged individual will be low. He must be risk averse in the situation of retirement. The financial planning strategies changes for the person over the different phases of life. When a person is young and starts the job at age of 25 he might take excessive risks for getting extra returns. He is young and energetic, has ability to work part time along with his routine job to earn extra money.

What's the primary benefit of being prequalified for a mortgage? Pick the best answer.

Answers

I would think that the primary benefit of being prequalified for a mortgage would allow you to lock in an interest rate for up to 130 days. This credible estimate of you mortgage limit shows real estate agents and home sellers that you are a serious buyer.

If you were to ask Rosely and her father what the main problem was in running their firm, their answer would be quick and short: hiring good people. Originally begun as a string of coin-operated laundromats requiring virtually no skilled help, the chain grew to six stores, each heavily dependent on skilled managers, cleaner/ spotters, and pressers. Employees generally have no more than a high school education, and the market for them is very competitive. Over a typical weekend, literally dozens of want ads for experienced pressers or cleaner/spotters can be found in area newspapers. All these people usually are paid around $15 per hour, and they change jobs frequently.

Rosely and her father thus face the continuing task of recruiting and hiring qualified workers out of a pool of individuals they feel are almost nomadic in their propensity to move from area to area and job to job. Turnover in their stores (as in the stores of many of their competitors) often approaches 400%. “Don’t talk to me about human resources planning and trend analysis,” says Rosely. “We’re fighting an economic war, and I’m happy just to be able to round up enough live applicants to be able to keep my trenches fully manned.”

2. Provide a detailed list of recommendations concerning how they should go about increasing their pool of acceptable job applicants so they no longer face the need to hire almost anyone who walks in the door.

1. How would you recommend they go about reducing the turnover in their stores?

Answers

To reduce turnover in their stores, Rosely and her father can consider implementing to offer competitive wages and improving working conditions.

Offering competitive wages and benefits would provide the competitive market for skilled workers, they should consider offering higher wages and benefits to attract and retain employees. And improving working conditions, they make the work environment more pleasant and comfortable for employees. This can include providing appropriate tools and equipment, improving the lighting and ventilation, and ensuring that the workstations are ergonomically designed.

To increase their pool of acceptable job applicants, Rosely and her father can consider implementing to offer referral bonuses and advertising job openings on social media. By offering referral bonuses, they can offer current employees a bonus for referring qualified candidates for open positions and through advertising job openings on social media they can create a broad network. Social media platforms like LinkedIn and more can be effective ways to reach potential job applicants.

Learn more about advertising here:
https://brainly.com/question/15097462

#SPJ1

DESCRIBE THE FUNCTIONS OF
PRELIMINARY DATA GATHERING?

Answers

Preliminary data gathering involves collecting and analyzing relevant information to establish a foundation for research or decision-making, including identifying objectives, assessing data availability, etc.

What are the Functions of Preliminary Data Gathering?

Preliminary data gathering encompasses the initial acquisition and evaluation of pertinent information, serving as a basis for research or decision-making. It aids in defining project scope, goals, and needs, while also assessing data availability and quality.

This stage assists researchers and decision-makers in gaining insights, assessing project feasibility, recognizing potential obstacles, and formulating a strategic plan for subsequent data collection and analysis.

Learn more about Preliminary data gathering on:

https://brainly.com/question/14293427

#SPJ1

10. When developing a business plan for a new venture, an entrepreneur should include a comprehensive description of the customers the new business wants to attract in the A. Market-segment analysis. B. SWOT analysis. C. Promotional plan. D. Corporate philosophy summary.

Answers

How to write a business plan in 9 steps
Draft an executive summary.
Describe your company.
Perform a market analysis.
Outline the management and organization.
List your products and services.
Perform customer segmentation.
Define a marketing plan.
Provide a logistics and operations plan.

The city council divides a community's residents into three groups: individual young adults, families with children, and older adults. The following table summarizes how much each group is willing to pay for each playground. Number of Playgrounds Amount Groups Are Willing to pay for Each Playground Individual Young Adults Families with Children $400 $2,000 Older Adults 1 $1,000 2 $300 $1,800 $900 3 $200 $1,600 $800 4 $100 $1,400 $700 5 so $1,200 $600 6 SO $1,000 $500 7 SO $900 $400 8 $o $800 $300 The city council must pay $2,250 to build each playground.
Which of the following is a characteristic of playgrounds and what is the optimal number of playgrounds for the township to build?
A. Playgrounds are nonrival in consumption, and the optimal number of playgrounds is zero.
B. Playgrounds are nonrival in consumption, and the optimal number of playgrounds is two.
C. Playgrounds are rival in consumption, and the optimal number of playgrounds is three.
D. Playgrounds are nonexcludable, and the optimal number of playgrounds is zero.
E. Playgrounds are excludable in consumption, and the optimal number of playgrounds is two.

Answers

Answer:

C. Playgrounds are rival in consumption, and the optimal number of playgrounds is three.

Explanation:

The computation is shown below:

For 3 playgrounds, total willingness to pay is

= 200 + 1600 + 800

= 2600 > Marginal cost (2250).

And,

For 4 playgrounds, total willingness to pay is

= 100 + 1400 + 700

= 2200 < Marginal cost (2250).

Therefore, 3 playgrounds should be considered as an optimal and playground would be rival

FRY-9C, FRY-14M, FRY-14Q, FRY-2052a, FP&A, CRR

What are these terms exactly mean? How do they work in business? What each term do?

Answers

The terms mentioned above are used in economics and have to do with finance.

What are FRY-9C, FRY-14M, and FRY-14Q?

In order to keep an eye on financial institutions in between on-site inspections, the FR Y-9C is the main analytical tool employed. The form, which is the most frequently requested and scrutinized report at the holding company level, contains more schedules than any other report in the FR Y-9 series.

The FR Y-14M report gathers monthly in-depth information on the loan portfolios of bank holding companies (BHCs), savings and loan holding companies (SLHCs), and intermediate holding companies (IHCs). Three loan- and portfolio-level collections, as well as one in-depth address matching collection, make up the report.

On a quarterly basis, the FR Y-14Q compiles comprehensive information on the various asset classes, capital components, and pre-provision net revenue (PPNR) categories of the bank holding companies (BHC), savings and loan holding companies (SLHCs), and intermediate holding companies (IHC).

Learn more about financial institution, from:

brainly.com/question/29641948

#SPJ9

The Almer Group announced its decision to merge with Dover Global Solutions. This is an example of a(n):

Answers

An example of firm merger is when Almer Group announced its decision to merge with Dover Global Solutions.

What is a firm merger?

A firm merger refers to an formal arrangement whereby two or more existing companies unites into one new company.

Therefore, when Almer Group announced its decision to merge with Dover Global Solutions, it is an example of firm merger.

Answers

Answer:

1.. Rent Expense Dr: $2,000

Prepaid Rent Cr. $2,000

2. Interest Expense Dr. $1,000

Interest Payable Cr. $1,000

3. Depreciation Expense Dr. $4,000

Accumulated Depreciation Cr. $4,000

4. Unearned Professional Fees Dr. $3,000

Professional Fees Earned Cr. $3,000

5. Insurance Expense Dr. $4,200

Prepaid Insurance Cr. $4,200

6. Salaries Payable Dr. $1,400

Cash Cr. $1,400

7. Prepaid Rent Dr. $4,500

Cash Cr. $4,500

8. Salaries Expense Dr. $6,000

Salaries Payable Cr. $6,000

9. Interest Receivable Dr. $5,000

Interest Revenue Cr. $5,000

10. Cash Dr. $9,000

Accounts Receivable (from consulting) Cr. $9,000

11. Cash Dr. $7,500

Unearned Professional Fees Cr. $7,500

12. Cash Dr. $2,000

Interest Receivable Cr. $2,000

Explanation:

When a fee is received in advance for a service yet to be rendered, the revenue for such fee is said to be unearned. The entries required are

Debit Cash account and Credit Unearned fees or deferred revenue.

As the service is performed and the revenue is earned, debit Unearned fees and credit revenue.

When revenue is earned but cash is yet to be received,

Debit Accounts receivable

Credit Revenue account

When cash is received,

Debit Cash account

Credit Accounts receivable.

When insurance is paid in advance, the entries required are

Debit Prepaid Insurance

Credit Cash account

As time elapses and the insurance expires,

Debit Insurance expense

To record depreciation of an asset, Debit depreciation expense account , credit Accumulated depreciation expense account.

ABC Limited entered into a contract with XYZ (Pty) Ltd for the supply of electricity to the plant of XYZ situated in Walvis Bay Namibia. The contract will come into effect on the 01 June 2020 for a period of 3 years. ABC Limited is expected per the contract to provide the electrical transformer to XYZ, as well as two electrical engineers will be sourced out to XYZ for the maintenance of the electricity supply to XYZ’s plant. ABC Limited usually sells transformers at the price of NAD 1,500,000.00; however, they will be providing the transformer to XYZ Limited free as part of the contract. ABC Limited only source out their engineers to their clients that have entered into the electricity supply contract with them. The contract stipulated the prices to XYZ as below: Monthly electricity cost NAD 175,000.00 Engineers support monthly cost NAD 120,000 XYZ may use electricity to no limit. The monthly electricity cost is at a fixed monthly rate. The appropriate nominal interest rate applicable to the internet service provision contracts is 10% per annum, compounded monthly. It remains fixed for the full period of the contract.

REQUIRED

a) Provide the journal entries to account for the contract with XYZ (Pty) Ltd in the records of ABC Limited for the year ended 31 December 2020. Journal entries are to be provided on each relevant date (do not accumulate amounts for the year).

Answers

Answer:

HOPE IT'S HELP YOU

Explanation:

I'M SORRY IF THE PICTURE IS SO BLURRY.

ABC Limited entered into a contract with XYZ (Pty) Ltd for the supply of electricity to the plant of

Daniel has saved $2,000 in a savings account that earns 0.5% interest annuallyWhat will most likely happen to the purchasing power of his savings over time?
PLEASE HELP!!

Answers

Based on the explanation below, the most likely thing to happen to the purchasing power of his savings over time is to fall.

What is purchasing power?

Purchasing power can be described as the amount of goods and services that a unit of currency or an amount of money can purchase.

The relationship between interest rate and inflation rate affects the purchasing power of a saving account.

When the interest rate is higher than the inflation rate, purchasing power increases.

But when the interest rate is lower than the inflation rate, purchasing power falls.

For example, for the 12 months ending April 2022, the annual inflation rate in the United States was 8.3%.

Since the 0.5% annual interest rate being earned by Daniel is lower than the 8.3% annual inflation rate, the most likely thing to happen to the purchasing power of his savings over time is to fall.

Learn about savings accounts here: https://brainly.com/question/14011926.

#SPJ1

The below two statements are related to mindfulness
a. It is not obscure or exotic.
b. It is evidence-based.

TRUE
FALSE

Answers

It is true that mindfulness is evidence based and false that it is exotic.

What is mindfulness?

Mindfulness. It's an easy term to understand. It implies that the mind is entirely focused on what is taking place, what you are doing, and the environment you are moving through. That might sound insignificant, but it annoys me that we frequently stray from the topic at hand. When our mind wanders, we get disconnected from our physical selves and quickly become preoccupied with compulsive thoughts about the past or worry about the future. And it stresses us out.

However, awareness is always present to bring us back to where we are, what we are doing, and how we are feeling, no matter how far we go. It's great to give mindfulness a go for a time if you want to understand what it is. You will discover tiny variances in the meaning in books, online, audio, and video since it's difficult to put into words.

To learn more about mindfulness and meditation visit:

https://brainly.com/question/29410369

#SPJ1

Other Questions