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Novosadov [1.4K]
2 years ago
5

Minnie and micky pluck are married, filing jointly in 2009. minnie earns $60,000 a year and takes full advantage of her employer

’s qualified retirement plan. Micky is not employed?
Business
1 answer:
Anna35 [415]2 years ago
8 0

Micky can receive a total deduction of an IRA contribution.

Individual Retirement Accounts (IRA) offer tax advantages for retirement financial savings. You may contribute up to the most amount allowed by the internal revenue carrier each year. There are several forms of IRAs available: conventional IRA. Contributions commonly are tax-deductible.

An individual Retirement Account (IRA) is a tax-advantaged funding account designed that will help you keep toward retirement. IRAs are one of the simplest ways to keep and make investments for destiny. It allows your cash to grow on a tax-deferred or tax-free foundation, depending on the kind of account.

Few mutual funds have minimums of $1,000 or more, so you need to account for that as you choose your investments. The IRS doesn't require a minimum quantity to open an IRA. However, a few providers require account minimums, so if you've only been given a small amount to invest, discover a provider with a low or $0 minimum.

Learn more about Individual Retirement Accounts here brainly.com/question/1637877

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Losses from ________ exposure generally reduce taxable income in the year they are realized. ________ exposure losses may reduce
VMariaS [17]

Losses from <u>transaction</u> exposure generally reduce taxable income in the year they are realized. <u>Operating </u>exposure losses may reduce taxes over a series of years.

Transaction exposure is the extent of uncertainty companies concerned in international exchange face. Specifically, it's far the chance that currency exchange quotes will fluctuate after a company has already undertaken a financial duty.

Taxable income is the part of your gross income that the IRS deems a problem with taxes. It includes each earned and unearned profit. Taxable earnings are normally less than adjusted gross income because of deductions that reduce it.

Gross profits consist of all income you obtain that is not explicitly exempt from taxation below the Internal Sales Code (IRC). Taxable profits are the portion of your gross earnings that's sincerely a problem with taxation. Deductions are subtracted from gross profits to reach your amount of taxable earnings.

Learn more about Transaction exposure here brainly.com/question/15021490

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6 0
1 year ago
Newly issued securities are sold to investors in which one of the following markets?A. ProxyB. InsideC. SecondaryD. Primary
Harrizon [31]

Answer:

D. Primary

Explanation:

The newly issued securities are first sold to the investors of the primary market .

The primary market id responsible for issuing the securities for the exchange of the company , or other groups .

The primary market are run by the underwriting groups which includes the investment banks .

Hence , from the information of the question , the correct term is ( d. ) Primary market .

7 0
3 years ago
A company has net working capital of $0, current liabilities of $25 and total assets equal to $100. What is its current ratio?
kap26 [50]
I believe the answer is B) 1.0
6 0
3 years ago
Both, current assets and non-current assets should be reassessed in order to determine the market value of a business. Group of
Igoryamba

It is True, that both, current assets and non-current assets should be reassessed in order to determine the market value of a business.

<h3><u>What are current assets and non-current assets?</u></h3>
  • Short-term assets, or those that can be swiftly sold and utilised for a company's urgent requirements, are known as current assets. Non-current Assets are long-term and have an operational life of over a year.
  • Cash, marketable securities, inventories, and accounts receivable are a few examples of current assets. Long-term investments, real estate, PP&E, and trademarks are a few examples of noncurrent assets.
  • Noncurrent assets are often valued at cost minus depreciation whereas current assets are frequently valued at market pricing.
  • Profits from the sale of assets held for more than a year are subject to capital gains tax (noncurrent assets).

To view more questions on market value, refer to : brainly.com/question/15148120

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7 0
1 year ago
If airlines do not change their prices how else might they try to compete with each other?
WARRIOR [948]
<h3>Hello there!</h3>

Your question asks how airlines compete with each other if they don't change their prices.

<h3>Answer: By giving the customers better service.</h3>

If an airline company doesn't want to change their prices for a flight, but still want to compete with other airlines, then they would try to compete by providing more and better services to the customers.

When an airline competes with providing better services, it attracts customers to choose them because customers could feel more comfortable on their flight.

Airlines can compete by providing:

  • Wi-Fi
  • More space
  • Entertainment
  • Food

Airlines now a days are starting to provide Wi-Fi services to its customers in the aircraft. Since we live in a world that needs Wi-Fi for electronical things, airlines are providing Wi-Fi in order to have people choose their airline for their flight. Providing Wi-Fi to its customers will not only bring in more customers, but can keep people busy on the flight, having no disruptions since people would be focused on their personal stuff on their laptop/phone/etc.

Airlines are also competing by providing more space in their cabin. People that go on flights feel very cramped in their seat; having little leg room between their legs and the seat in front of them. Airlines are making more leg room and space for the customers in order for them to enjoy the flight. This is luring in customers because customers want to feel comfortable, and space is the main thing that customers want in their flights.

Airlines are also competing by providing entertainment. The entertainment part of an aircraft is in the little screen that would be in front of the customer, behind the seat in front of them. This entertainment service would entertain people on their flights. This entertainment service could provide movies, world map, and etc. Flights are boring, and so airlines are trying to make the flights more entertaining.

Airlines are also competing by providing better food. Who doesn't get hungry on the plane? If airlines are giving terrible food, why would someone want to choose that airline again? Airlines are providing better food in order for customers to choose them as their airline. Food is a major thing that lures people into different airlines. This is something that airlines are trying to improve all the time.

To sum it all up, these are just some of the ways airlines compete with each other, without having to change the price of their flights.

<h3>I hope this helps!</h3><h3>Best regards, MasterInvestor</h3>
5 0
3 years ago
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