Erin and Kate has on average $200,000 of employees pay, tax withheld and superannuation contributions in its
Question:
Erin and Kate has on average $200,000 of employees’ pay, tax withheld and superannuation contributions in its hands at all times. What use should it make of these funds?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (8 reviews)
Erin and Kate should use these funds to make investmen...View the full answer
Answered By
James Warinda
Hi! I’m James Otieno and I'm an experienced professional online tutor with countless hours of success in tutoring many subjects in different disciplines. Specifically, I have handled general management and general business as a tutor in Chegg, Help in Homework and Trans tutor accounts.
I believe that my experience has made me the perfect tutor for students of all ages, so I'm confident I can help you too with finding the solution to your problems. In addition, my approach is compatible with most educational methods and philosophies which means it will be easy for you to find a way in which we can work on things together. In addition, my long experience in the educational field has allowed me to develop a unique approach that is both productive and enjoyable.
I have tutored in course hero for quite some time and was among the top tutors awarded having high helpful rates and reviews. In addition, I have also been lucky enough to be nominated a finalist for the 2nd annual course hero award and the best tutor of the month in may 2022.
I will make sure that any student of yours will have an amazing time at learning with me, because I really care about helping people achieve their goals so if you don't have any worries or concerns whatsoever you should place your trust on me and let me help you get every single thing that you're looking for and more.
In my experience, I have observed that students tend to reach their potential in academics very easily when they are tutored by someone who is extremely dedicated to their academic career not just as a businessman but as a human being in general.
I have successfully tutored many students from different grades and from all sorts of backgrounds, so I'm confident I can help anyone find the solution to their problems and achieve
0.00
0 Reviews
10+ Question Solved
Related Book For
Accounting Business Reporting For Decision Making
ISBN: 9780730363415
6th Edition
Authors: Jacqueline Birt, Keryn Chalmers, Suzanne Maloney, Albie Brooks, Judy Oliver
Question Posted:
Students also viewed these Business questions
-
Should say on pay be mandatory for all executive pay packages? Should corporate boards alone continue to make decisions with respect to executive pay packages or should consent of a majority of...
-
Erin has invested in both an equity mutual fund and a bond mutual fund. Her financial advisor told her that her overall portfolio rose in value by 1.1% last year. Erin noted in the newspaper that the...
-
It is the end of the tax-year, and Kate and Sam Smith need your help completing pages 1 and 2 of Schedule 1040 and Schedule A. Please see the attached document with the information you will need to...
-
What is the wavelength of light if its frequency is 1.009 106 Hz?
-
How can international trade influence economic development positively over time?
-
Determine A x B. B = A = 4 -2 -3 3 3. 4.
-
Describe the general form of a contingency table.
-
Presented here is the total column of the governmental funds balance sheet of Ravenscroft County, Iowa, for the year ended December 31, 20X9. Ravenscroft County Governmental Funds Balance Sheet...
-
When a company goes public it means that it has increased the number of the shareholders and also that it was capable to receive additional cash that can be used for additional investments or to pay...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Coconut Plantations Pty Ltd manufactures sustainable coconut-based products for sale to wholesalers and retailers around Australia and New Zealand. Jo Geter, the manager, has a goal of increasing the...
-
How can a profitable fast-growing entity such as Erin and Kate be chronically short of cash?
-
When should individual elements of each cycle be rated?
-
Small town Diners has a policy of treating dividends as a passive residual. It forecasts that net earnings after taxes in the coming year will be $500,000. The firm has earned the same $500,000 for...
-
Part 1-Chi-Square Goodness-of-Fit Tests A health psychologist was interested in women's workout preferences. Of the 56 participants surveyed, 22 preferred running, 8 preferred swimming, 15 preferred...
-
The Campbell Company is considering adding a robotic paint sprayer to its production line. The sprayer's base price is $1,070,000, and it would cost another $21,000 to install it. The machine falls...
-
Problem 1. (10 points) Consider the space X = R22 and the map L XX defined as traceX -traceX L:X X = X 0 0 1. Show that L is a linear map; 2. Find the matrix representation M = mat L in the canonical...
-
Suppose that the exchange rate is 1.25 = 1.00. Options (calls and puts) are available on the Philadelphia exchangein units of10,000 with strike prices of $1.60/1.00. Options (calls and puts) are...
-
Evaluate and where a and b are constants. f(t) dt dx f(t) dt, dx -| f(1)
-
KD Insurance Company specializes in term life insurance contracts. Cash collection experience shows that 20 percent of billed premiums are collected in the month before they are due, 60 percent are...
-
Discuss the potential issues arising for an entity if it takes a budgetary approach in which budgetary data are imposed on business unit managers by the CEO. Contrast this with an approach whereby...
-
David Smith is a marketing manager for a chain of stores specialising in electric tools for home renovators. David's department is preparing a sales budget for the coming year, and he has issued a...
-
As a consequence of the global financial crisis many airlines have cut back services to various locations around Australia. Identify other firms or groups of firms that might be found to review their...
-
1-The yield to maturity will be greater than the coupon rate when a bond is selling at a premium. Select one: a. False b. True 2-Which one of the following would have the greatest present value,...
-
! Required information [ The following information applies to the questions displayed below. ] Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash...
-
WISE-HOLLAND CORPORATION On June 15, 2013, Marianne Wise and Dory Holland came to your office for an initial meeting. The primary purpose of the meeting was to discuss Wise-Holland Corporation's tax...
Study smarter with the SolutionInn App