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2 years ago

The great thing about IRAs is that you can withdraw money anytime you want, with no financial penalty. True False

1 answer:

7 0

The great thing about IRAs is that you can withdraw money anytime you want with no financial penalty is a false statement.

An individual retirement account refers to a savings account with tax advantages that individuals can open to save and invest in the long term.

The great thing about IRAs is that you can withdraw money anytime you want, with no financial penalty is a false statement.

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The Bakery produces organic bread that is sold by the loaf. Each loaf requires 1/2 of a pound of flour. The bakery pays $2.50 pe

AleksandrR [38]

Answer:

The Bakery

Direct materials budget

For the third quarter of year 202x

July August September Quarter

Budgeted production units 1,500 1,880 1,680 5,600

Materials required per unit 0.5 0.5 0.5 0.5

Materials needed for Px 750 940 840 2,530

+ Desired ending inventory 188 168 156 156

Total materials required 938 1,108 996 2,686

- Beginning inventory -150 -188 -168 -150

Units to be purchased 788 920 828 2,536

Cost per unit $2.50 $2.50 $2.50 $2.50

Total cost materials costs $1,970 $2,300 $2,070 $6,340

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3 years ago

Most lenders will expect entrepreneurs to provide equity funds in an amount of at least ____ percent of the business before appr

MaRussiya [10]

70 percent is a safe amount of capital

4 0

3 years ago

1. If Net Capital Outflow increases, the ________ of dollars in the Foreign Currency Exchange Market will increase, causing the

earnstyle [38]

Answer:

1, supply, depreciate

Explanation:

If Net Capital Outflow increases, the supply of dollars in the Foreign Currency Exchange Market will increase, causing the real exchange rate to depreciate

3 0

3 years ago

Read 2 more answers

The theory of purchasing power parity A.assumes that most changes in nominal exchange rates are the result of changes in real ex

Neko [114]

Answer:

The correct answer is letter "B": extends the law of one price to a group of goods.

Explanation:

Purchasing Power Parity or PPP compares different country's currencies through a market basket of goods approach. Two currencies are in PPP when a market basket of goods, taking into account the exchange rate, is priced the same in both countries.

The Law of one price states that individual and identical goods or services will have the same price if there were no friction between global markets. Thus, the PPP approach would be the extent of the law of one price adding the exchange rates.

8 0

4 years ago

What is the maturity date of a loan for $4,000 at 15% exact interest taken out on June 7? The amount of interest on the loan was

Annette [7]

Answer:

The loan is due on August 18th

Explanation:

Simple interest is defined as the amount that is paid on a loan over a period of time. The interest is paid along with the principal in the course of loan tenure.

The formular for simple interest bis given as

Interest= principal* Interest rate* time

We are to calculate the loan duration and it was disbursed on June 7.

120= 4,000* 0.15* time

Time = 120/(4,000*0.15)= 0.2 years

Time = 0.2* 365 days

Time= 73 days

Therefore the loan is due on August 18th

6 0

3 years ago