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1 year ago

the preferred type of retirement account for the typical college students working a part-time low-wage job would generally be:

1 answer:

4 0

The Roth IRA. The SEP IRA. Simple IRAs and Simple 401(k) Plans (k). You contribute Traditional after-tax dollars to a Roth IRA, retirement money grows tax-free, and you can generally make tax- and penalty-free withdrawals after the age of 5912.

With a Traditional IRA, you can contribute before or after taxes, your money grows tax-deferred, and withdrawals are taxed as current income once you reach the age of 5912. A Roth IRA is an Individual Retirement Account into which you make after-tax retirement. While there are no current-year tax advantages, your contributions and earnings can grow tax-free, and you can withdraw them tax- and penalty-free after age 5912 and five years.

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I need help lol first day back and i am failing

ryzh [129]

Answer:

Explanation:

The last one

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3 0

3 years ago

On July 1, 2019, Goode Company borrowed $150,000. The company signed a note payable with interest at 8 percent per year. The not

Tom [10]

Answer:

C. decrease in liabilities of $150,000, a decrease in stockholders' equity of $6,000, and a decrease in assets of $156,000

Explanation:

Calculation for what cash payment on December 31, 2019 should reflect

Dec-31

Dr Note payable $150,000 (Decrease liability)

Dr Interest expense 6,000

( 150,000*8%*1/2) (Decrease stockholders equity)

Cr Cash $156,000 (Decrease assets)

($150,000+$6,000)

Therefore cash payment on December 31, 2019 should reflect decrease in liabilities of $150,000, a decrease in stockholders' equity of $6,000, and a decrease in assets of $156,000.

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3 years ago

Identify the statement below that is true regarding the Allowance for Doubtful Accounts account. Multiple Choice The account has

Reika [66]

Answer: The account has a normal credit balance and is reported on the balance sheet.

Explanation:

The allowance for doubtful accounts refers to the amount of account receivable that the company believes will not be paid by the customers. It is referred to as the bad debt reserve as well.

The allowance for doubtful accounts reduces the accounts receivable. It also has a normal credit balance and is reported on the balance sheet.

6 0

3 years ago

In ______ feedback, the receiver provides nonevaluative information to the communicator.

umka21 [38]

In informational feedback, the receiver provides non-valuative information to the communicator.

Feedback in the context of communication refers to a reaction from the recipient that informs the communicator of the message's effectiveness and whether it needs to be amended.

Alternatively said, feedback is the message's reception by the recipient

Corrective feedback is when the receiver challenges the initial communication in response to informational feedback, which is when the receiver provides non-evaluative information to the communicator.

Reinforcing feedback occurs when the recipient expresses explicitly that she has understood the message and its goals.

Hence, in informational feedback, the receiver provides non-valuative information to the communicator.

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8 0

2 years ago

Jean often accompanies her friends on shopping trips. While shopping, she cannot resist the temptation to buy products on sale a

djverab [1.8K]

Answer:

State orientation

Explanation:

The state orientation is the term which is defined as the inability of the person to regulate the behavior, emotions and thoughts. In short, it means that the individuals or the person unable to modify their state of mind, their uncertainty, dejection, anxiety and confusion.

Under this scenario, Jean who whenever accompany their friends on shopping, she could not able to resist herself from buying the products on sales and spend a lot more than budget, so, it could be concluded that she is state orientated.

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3 years ago