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1 year ago

The majority of 401 (k) plans are participant directed. a)true b) false

1 answer:

8 0

The plans regarding the contributions made to the 401(k) plans are directed by the participant, who is also known as an employee of the organization.

A 401(k) can be referred to as a feature of a profit-sharing plan that enables the employees to make a partial contribution of their wages to their individual accounts.

An employee is referred to as a participant for the purpose of this plan. It is further to be noted that this plan is as per the voluntary directions of the participant.

Hence, it holds true that majority of the 401(k) plans are participant directed.

Learn more about 401(k) plans here:

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Eneral Products Inc. is a small clothing designer and manufacturer located in the United States. A vast majority of the company'

ololo11 [35]

Answer: The correct answer is "e. Export strategy".

Explanation: and. Export strategy is the global corporate strategy that best describes General products inc. because In spite of being in the United States and that the majority of its income comes from there, it does not stop focusing the business in Canada, because 10% of the income comes from exports to Canada.

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3 years ago

Which of the following is not a key success factor in the country locationâ decision?

svet-max [94.6K]

Answer: D. Zoning restrictions is not a key success factor in the country location decision.

Explanation: Location of markets, labor productivity and government rules are all very important success factors a company needs to think about before making a decision on which country they want to operate in. The zoning restrictions are not as important because there are usually ways around that by picking a different place in a specific country. The location of markets to buy and sell goods, amount of labor they can expect to be useful and the governments rules on their business are all extremely important.

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3 years ago

Cobe Company has already manufactured 19,000 units of Product A at a cost of $25 per unit. The 19,000 units can be sold at this

Dmitriy789 [7]

Answer:

Incremental net income from further processing is $566,600

Explanation:

First of all, it would be necessary to compute profit from selling the product at cut off point and profit when it is further processed in order to determine whether or not it is worth processing further:

Sales revenue $400,000

cost of production(19,000*$25) $475,000

Loss from selling ($75,000)

Further processing:

sales revenue

Product B(5200*$108) $561,600

Product C(11,000*$55) $605,000

Total revenue $1,166,600

total cost

cost of production ($475,000)

cost of further processing ($200,000)

total costs ($675,000)

Profit $491600

By further processing the incremental net profit is $566,600 ($491,600-(-$75000)

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3 years ago

Rachel's Designs has 1,100 shares of 7%, $50 par value cumulative preferred stock issued at the beginning of 2019. All remaining

gladu [14]

Answer:

The dividend payable to the cumulative preferred stock holers in 2021 is $11,550 while the amount payable to common stock holders is $1,450.

Explanation:

Cumulative preferred stock dividends accrue and becomes payable when the reporting entity has favourable cash flows. Rachael Designs plans to make payment of $13,000 dividends in 2021. As the annual cumulative preferred dividend is $3,850 (1,100 shares x $50 x 7%), the amount due over three years will be $3,850 x 3 whcih is $11,550. Thus, out of the proposed cash outflow of $13,000, the amount of $11,550 will be paid to cumulative preferred stock holders while only $1,450 will be paid to the common stock holders.

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3 years ago

An investor purchases a 15-year, $1,000 par value bond that pays semiannual interest of $40. If the semiannual market rate of in

ra1l [238]

Answer:

Bond Price= $846.3

Explanation:

Giving the following information:

YTM= 0.05

Maturity= 15*2= 30 semesters

Par value= $1,000

Coupon= $40

<u>To calculate the price of the bond, we need to use the following formula:</u>

<u></u>

Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond Price= 40*{[1 - (1.05^-30)] / 0.05} + [1,000 / (1.05^30)]

Bond Price= 614.90 + 231.38

Bond Price= $846.3

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3 years ago