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2 years ago

All of the following are advantages of saving for retirement in a 401(k), excepti.

Business

1 answer:

soldi70 [24.7K]2 years ago

5 0

Explanation:

The 401(k) was made by Congress to encourage Americans to save for retirement by offering tax savings.

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"A corporation has annual sales of $18 million, total assets of $4 million, a debt ratio of 40%, depreciation expense of $20

oee [108]

Answer:

$2.4 million

Explanation:

The total assets of the firm are funded by both debt and equity,hence, the total assets is the same as total equity plus total debt based on the accounting equation formula below:

total assets=equity+debt

tota assets=$4 million

equity=unknown

debt can be derived using the debt ratio as shown thus:

debt ratio=debt/total assets

debt ratio=40%

debt=unknown

total assets=$4 million

40%=debt/$ 4 million

debt=40%*$4 million

debt=$1.6 million

$4 million=equity+$1.6 million

equity=$4 million-$1.6 million

equity =$2.4 million

6 0

3 years ago

Suppose the U.S. Treasury announces plans to issue $50 billion of new bonds. Assuming the announcement was not expected, what ef

Sidana [21]

Answer:

Prices would decline and interest rates would rise

Explanation:

This is because the market will be flooded with additional 50 billion dollars of bond increasing the supply causing the price to fall. Interest rate are inversely proportional to prices thus interest rate will rise.

4 0

3 years ago

Why does a campground at a national park not necessarily count as a public good?

In-s [12.5K]

It does not necessarily count as public good because a camp ground is not a good method of showing importance of the national park as the park is open to the public and should be respected in any means possible as they are open to the public and having it as a campground is not a way of showing its importance.

5 0

3 years ago

Read 2 more answers

Concord Corporation had the following transactions during 2022: 1. Issued $190000 of par value common stock for cash. 2. Recorde

sergejj [24]

Answer:

The net cash provided by financing activities -$157,600.

Explanation:

Net cash provided by financing activities refers to the difference between the total cash inflows and total cash outflows from the financing activities section of the cash flow staement.

The net cash provided by financing activities can be calculated by preparing a partial cash flow statement as follows:

Concord Corporation

Net Cash Flow Statement (Partial)

As at December 31, 2022

Details Amount

Par value common stock issued for cash 190,000

Dividend declared and paid in cash (15,200)

6-year note payable repaid (334,400)

Net cash provided by financing activities (157,600)

Therefore, the net cash provided by financing activities -$157,600.

Alternatively, the net cash provided by financing activities can be calculated as follows:

Net cash provided by financing activities = Par value common stock issued for cash - Dividend declared and paid in cash - 6-year note payable repaid = $190,000 - $15,200 - $334,400 = -$157,600

7 0

3 years ago

A minimum acceptable rate of return for an investment decision is called the: Multiple Choice Internal rate of return. Average r

spayn [35]

Answer:

Hurdle rate of return.

Explanation:

A hurdle rate can be regarded as minimum rate of return that is been required by an investor or manager

on a particular project or investment.

The hurdle rate gives the description of the appropriate compensation as regards level of risk present. There are

higher hurdle rates associated with riskier projects.

It should be noted that A minimum acceptable rate of return for an investment decision is called the Hurdle rate of return.

6 0

3 years ago