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2 years ago

Is a 401 K considered an individual retirement account?.

Business

1 answer:

Natasha_Volkova [10]2 years ago

5 0

No, 401(k) can not be considered as an individual retirement account.

The 401(k) differs from an individual retirement account ((RA) because A 401(k) is created through an individual's employer. Generally, 401(k)s as well as individual retirement accounts include beneficial tax advantages, But where we see a distinction is that the 401(k)s are designed for employers of labor to offer while individual retirement accounts are for Individuals as IRAS give more investment opportunities and 401(k)s gives a higher annual contribution.

To know more about Individual retirement account visit:

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Each pound of American blend coffee requires 12 ounces of Colombian beans and 4 ounces of Dominican beans, while a pound of Brit

inna [77]

The question is incomplete.

The correct question is:

The production planner for Fine Coffees, Inc. produces two coffee blends: American (A) and British (B). He can only get 300 pounds of Colombian beans per week and 200 pounds of Dominican beans per week. Each pound of American blend coffee requires 12 ounces of Colombian beans and 4 ounces of Dominican beans, while a pound of British blend coffee uses 8 ounces of each type of bean. Profits for the American blend are $2.00 per pound, and profits for the British blend are $1.00 per pound

What is the constraint for Dominican beans?

Answer: 12A + 8B ≤ 4,800

Explanation:

Two of his resources are constrained and Columbia beans is one of them which he gets at most 300pounds which is 4800 ounces per week.

Therefore the objective function is:

A + B = Z

The objective function is to maximize profit of of 2 dollars per pound of A and 1 dollar per pound of B.

=2 A + B

The Columbia bean constraint is:

The production planner uses 12 ounces of A and 8 ounces of B.

Therefore the maximum available is;

12A + 8B ≤ 4,800

8 0

3 years ago

Clark claimed the standard deduction in the previous tax year. In the current year, he received a state income tax refund of $90

Lady bird [3.3K]

Answer:

2000 i think

Explanation:

3 0

3 years ago

Which services would a charitable organization provide? Check all that apply. preserving waterways operating a city aquarium ope

Anni [7]

Answer:

preserving waterways

operating a city aquarium

opening an animal shelter

Explanation:

edge 2020

7 0

4 years ago

Klingon Cruisers, Inc., purchased new cloaking machinery five years ago for $20 million. The machinery can be sold to the Romula

muminat

Answer:

1) Book Value= $16,464,000

2) Market Value = $19,080,000

Explanation:

The first question is to determine the book value of Klingon's assets today. Book value is the carrying value of the business in its balance sheet.

Book Value = Net working Capital + Current Liabilities + Net Fixed Assets

Net working Capital= $226,000

Current Liabilities= $700,000

Net Fixed Assets= $15,500,000

Book Value = $226,000+ $700,000+$15,500,000= $16,464,000

2) Calculate the market value

The formula for market value = How much the machinery was sold to Romulans today+ today's value of the current assets if they are liquidated

The market value of assets is a function of the current market price they can be sold for and received on the day of the valuation

Market Value= $18,000,000 + $1,080,000= $19,080,000

4 0

4 years ago

ABC, Inc. produces a product that has a variable cost of $2.50 per unit. The company's fixed costs are $30,000. The product is s

Alex777 [14]

Answer:

The amount of sales that will be necessary to earn the desired profit is 16000 units

Explanation:

To get the amount of sales to earn $10000, we make the following equation.

Profit =Sales -variable cost-fixed cost

Profit=10000

Sales=$5.00x

Variable cost= $2.50x

Fixed cost=$30,000

Replacing,

10000=5x-2.5x-30000

10000+30000=2.5x

x=40000/2.5

x=16000

5 0

3 years ago