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tiny-mole [99]
4 years ago
12

Ursula, an employee of Ficus Corporation, is 35 years old and plans to retire in 20 years. The corporation has a qualified retir

ement plan and contributes $2,000 during 2018 for Ursula. In 2018, how should Ursula treat the $2,000 contribution made on her behalf by the corporation?
Business
1 answer:
True [87]4 years ago
4 0

Answer:

Ursula is not required to include in her current gross income the $2,000 that Ficus contributes to her retirement plan nor the interests that the plan generates.

Only when Ursula starts to withdraw money from her retirement account will she need to pay taxes for it.

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After conducting a market research study, Ed Manufacturing decided to produce a new interior door to complement its exterior doo
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The target cost for each interior door is $96.

<h3>What is manufacturing?</h3>
  • Manufacturing is the process of creating or producing items with the aid of resources such as machinery, manpower, tools, chemicals, or biological formulations.
  • It is the core of the economy's secondary sector.
<h3>What is operating cost?</h3>
  • Operating costs, often known as operating costs, are the costs associated with running a company, or with running a machine, part, piece of equipment, or facility.
  • They represent the cost of the resources an organization uses just to stay in business.
<h3>Solution -</h3>

Total revenue of the year (sales) = $120 × 20,000 = 24,00,000

Operating cost = 20% of sales = 4,80,000

Target cost of each door = 4,80,000 ÷ 20,000 = $24

120 - 24 = $96

Therefore, the target cost for each interior door is $96.

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2 years ago
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prohojiy [21]

micro economics deals with industry competitive forces.. all other factors are macro economics

6 0
3 years ago
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Anna withdrew funds from her bank and purchased 500 shares of ABC stock at the recommendation of her broker. Which one of these
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Answer:

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Explanation:

The delegated monitoring would be a financial intermediary as it borrows from small investors and uses uncontrolled liabilities (deposits) (whose loans it monitors).

In opposition to individuals that monitor the buyer independently, it relates to delegating the job of watching with such a bank and therefore satisfies the description of delegated monitor from Anna broker parties.

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3 years ago
Which statement is the best description of a personality inventory?
vlada-n [284]
<h2>Answer:</h2><h2>The answer is<em><u> It is an assessment of a person's ability to complete a job.</u></em></h2><h2>Explanation:</h2><h2>i asked my teacher please make me the brainliest</h2>
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Suppose you have a credit card bill of $1,275 for the month of October. if you pay the full balance before your is due, how much
algol13

Answer: No interest will be paid

Explanation:

Once full payment is made before the due repayment date on credit card, interest is not charged.

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3 years ago
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