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2 years ago

A self-employed individual makes $200,000 per year. to which type of retirement plan can the maximum contribution be made?

1 answer:

5 0

Option C. The type of retirement plan that the individual would have to make the maximum contribution is the sep ira.

<h3>What is the retirement plan?</h3>

This is the term that is sued to refer to the plan that is done in such a way that it has to help a person to take care of their post retirement. This is done through the saving of money in such a way that it would help to take care of the periods that they have become old and no longer working.

Hence the SEP IRA is also called the simplified employee pension plan. Therefore the type of retirement plan that the individual would have to make the maximum contribution is the sep ira.

Read more on retirement plan here: brainly.com/question/3090325

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netineya [11]

Answer:

14 truck and 1 suv produce 21,800 profit

Explanation:

We have to solve for the contribution margin considering the constraing resourse which, is the ordering cost:

$\left[\begin{array}{cccc}&sedan&SUV&truck&\\$NRV&19000&21850&20425&\\$Cost&-18000&-20500&-19000&\\$CM&1000&1350&1425&\\$Constrain resource&18000&20500&19000&\\$CM per constrain&0.05556&0.0659&0.075&\\\end{array}\right]$

The card models revenue is calcualted using the net realizable value for each card, which is their sales price less the 5% sales commission.

Then we solve for how many truck will it purchase:

300,000 / 19,000 = 15,78

So the company will purchase 15 trucks

giving 15 x 1,425 = 21,375

This will require 2.5 x 15 = 37.5 hours thus 5 sales man (40 labor)

This creates 2.5 hours unsured

and also 300,000 - 15,000 x 19,000 = 15,000 dollar which are not productive

So, we will try to make a better use to purchase the SUV which is the second best option instead of the 15th truck:

giving 14 x 1,425 + 1350 = 21,300

we subtract the 500 dollar of sales man and get a 21,800 profit

with less unproductive dollar. So this will be the answer

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4 years ago

Larry Bar opened a frame shop and completed these transactions:1. Larry started the shop by investing $40,000 cash and equipment

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Answer:

The balance of the cash account after these transactions were posted for $40,300

Explanation:

The computation of the balance of the cash account is shown below:

= Cash invested - paid cash for the receptionist's salary + cash collection for giving custom frame service

= $40,000 - $1,200 + $1,500

= $40,300

The other items which are mentioned in the question reflected credit sales so we do not consider these items.

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4 years ago

Hazel Morrison, a mutual fund manager, has a $40 million portfolio with a beta of 1.00. The risk-free rate is 4.25%, and the mar

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Answer:

The average beta of the new stocks would be 1.75 to achieve the target required rate of return

Explanation:

In order to calculate the average beta of the new stocks to achieve the target required rate of return we would have to calculate the following:

average beta of the new stocks = (Required Beta-(portfolio /total fund) *old beta)/(additional portfolio/total fund)

To calculate the Required Beta we would have to use the formula of Required rate of return as follows:

Required rate of return=Risk free return + (market risk premium)*beta

0.13=0.0425+(0.06*Required Beta)

Required Beta = (0.13-0.0425)/0.06

Required Beta = 1.45

Therefore, average beta of the new stocks =(1.45-($40/$100) *1)/($60/$100)

average beta of the new stocks =1.05/0.6

average beta of the new stocks =1.75

The average beta of the new stocks would be 1.75 to achieve the target required rate of return

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Answer:

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Answer:

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