Answer:
50% tax on the amount not distributed as required
Explanation:
In this specific scenario, the individual will have to pay a penalty of 50% tax on the amount not distributed as required. This is mainly due to the fact that traditional IRA accounts require that distribution of benefits must begin no later than age 70½ if immediate annuities are used to pay for them. Failure to do so would have a consequence of a 50% tax on the undistributed amount, and must be paid by the owner of the account.
Answer:
42.5
Explanation:
The computation of the expected value is shown below:
= Low price range × chance percentage + high price range × chance percentage + most likely price range × chance percentage
= $5 billion × 20% + $100 billion × 10% + $45 billion × 70%
= $1 + $10 + $31.5
= 42.5
Basically we multiplied each one with its chance percentage
T<span>hree parts. They are the </span>Executive,<span> (President and about 5,000,000 workers) </span>Legislative<span> (Senate and House of Representatives) and </span>Judicial<span> (Supreme Court and lower Courts).</span>
Answer:
$330
Explanation:
The computation of the dividend income received as on July 31 is shown below:
where,
Total number of shares purchased is
= 100 shares + 200 shares
= 300 shares
And, the dividend per share is $1.10
So, the dividend income received is
= 300 shares × $1.10
= $330
We simply applied the above formula to determine the dividend income received
Answer:
The answer is human resource.
Explanation:
I hope this helps!