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2 years ago

Which organization helps individuals accumulate wealth through tax-deferred programs?

Business

1 answer:

shusha [124]2 years ago

3 0

Government helps individuals accumulate wealth through tax-deferred programs.

A government is a system or group of people that governs an organized community (usually a state). In the broader associative definition, government usually consists of legislative, executive, and judicial branches.

Your government is the system of people, laws and officials that define and control the country in which you live. For example, the US government is a representative democracy with her three branches.

1 : The act or process of domination, especially: Authoritative direction or control. 2 : Governing office, authority or function. 3: The continuing exercise of authority over political entities and performance of functions: control.

Learn more about Government here:brainly.com/question/1078669

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Harvey quit his job at State University, where he earned $45,000 a year. He figures his entrepreneurial talent or forgone entrep

ANEK [815]

Answer:

$60,000

Explanation:

Calculation to determine what The implicit costs of Harvey's firm in the first year were

First step is to calculate the Total revenue

Total revenue = 11000 × $75

Total revenue=$825,000

Second step is to calculate the Explicit cost

Explicit cost = 11000 × $55

Explicit cost= $605,000

Third step is to calculate the profit

Profit = $825,000-$605,000

Profit=$220,000

Now let calculate the Implicit cost

Using this formula

Implicit cost =Profit-(Amount earned per year +Forgone entrepreneurial income+Bond at 10% interest per annum)

Let plug in the formula

Implicit cost=$220,000-[$45,000+$5,000+($100,000+10%*$100,000)]

Implicit cost=$220,000-[$45,000+$5,000+($100,000+$10,000)]

Implicit cost=$220,000-($45,000+$5,000+$110,000)

Implicit cost=$220,000-$160,000

Implicit cost=$60,000

Therefore The implicit costs of Harvey's firm in the first year were $60,000

3 0

3 years ago

All of the following are competitive forces in Porter's model except: Group of answer choices customers disruptive technologies

Aloiza [94]

The option that is not among the Porter's five forces is disruptive technologies.

<h3>What are the Porter's five forces?</h3>

The Porter's five forces is used to analyse the competitive forces of firms operating in a particular industry.

The Porter's five forces are:

Competition in the industry.
Potential of new entrants into the industry.
Power of suppliers.
Power of customers.
Threat of substitute products

To learn more about the porter's five forces, please check: brainly.com/question/5183977

3 0

2 years ago

People aged __________ are the most entrepreneurially active in the united states. a option

Sliva [168]

I am answering based on observation, researchg, but I'm not an expertise in this field of study. My research suggests option D because these ages are more financially stable at this time in life. 86% of them have stable jobs, good benefits, grown children, or still single and focused primarily on their high paying, busy occupations. They prefer to be single (married to work) and have the means to take "educated" risks.
My first thought was A because the younger generation are more likely to take risks, but do not have the financial means to survive living this way unless they come from a family of wealth, or win the lottery.
82.5% between the ages of 25 to 34 are getting out of college, focused on finding jobs with benefits, getting married, and having kids. More focus is on making a living and raising a family.

5 0

3 years ago

The Miller family owns and operates an interior decorating business. Henry installs hardwood floors and chair rails; Chloe reuph

oksian1 [2.3K]

Answer:

A. specialization.

Explanation:

Specialization refers to dividing the job in different tasks and assigning a person to perform each one which makes that each person becomes an expert in the specific area. This could help to increase productivity, especially in manufacturing. This is the process the Miller family uses because they have divided the tasks and assigned each of them to a person.

4 0

3 years ago

Russell and Sons, a CPA firm, established the following standard labor cost data for completing what the firm referred to as a C

geniusboy [140]

Answer:

a. Total labor variance:

= (Actual labor cost - Standard labor cost) * No of returns completed

= [ (34.50 * 3.6) - (30 * 4) ] * 600

= $2,520 Unfavorable

<em>Unfavorable because the budget was exceeded by the actual costs. </em>

b. Labor Price variance:

= (Actual labor cost - Standard labor cost) * Actual hours

= (34.50 - 30) * 600 returns * 3.6 hours per return

= $9,720 Unfavorable

<em>Budget was exceeded so unfavorable. </em>

c. Labor usage variance:

= (Actual labor hours - Standard labor hours) * Standard labor rate

= [ (3.6 hours * 600 returns) - (4 hours * 600) ] * 30

= -$7,200

= $7,200 favorable

<em>Budget was not exceeded so this is a Favorable variance. </em>

7 0

3 years ago