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shutvik [7]
3 years ago
15

Joe is 68 and retired. He receives retirement benefits from a variety of sources. He receives distributions from his traditional

IRA, a private employer pension plan, and Social Security. At the end of the year, what documents will he receive that reflect these payments?
Business
1 answer:
sergeinik [125]3 years ago
5 0

Answer:

A Form 1099-R for the private employer pension and the IRA distribution and a Form SSA-1099 for the Social Security

Explanation:

Form 1099-R - this form is used to claim the benefit that one would get on retirement.  the benefits such as a pension, other annuities. To get the form one should call the authorized number to provide personal details like name, address, calling number and SSN number.

Form SSA-1099 - it is a type of tax form and liable to fill by only those who get social security benefits. it reflects all the details of the social benefit that one gets in the last year. The main purpose of this form is to get some amount of exemption while tax returns.

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What is the meaning or moral standard?
erik [133]

Answer:

A moral standard refers to the norms which we have about the types of actions which we believe to be morally acceptable and morally unacceptable. Specifically, moral standards deal with matters which can either seriously harm or seriously benefit human beings.

Explanation:

may this answer is helpful for you

6 0
2 years ago
Refer to the data for Pennewell Publishing Inc. (PP). Assume that PP is considering changing from its original capital structure
Mnenie [13.5K]

Answer:

$57.69 per share

Explanation:

The computation of the  stock price per share immediately after issuing the debt but prior to the repurchase is shown below

Price per share = Value of equity ÷ number of Shares

where,

Value of equity is

= Value of operations + T-bills value - Debt value

= $576,923 + $259,615 - $259,615

= $576,923

And, the number of shares is 10,000 shares

So, the price per share is

= $576,923 ÷ 10,000 shares

= $57.69 per share

We simply applied the above formula

6 0
3 years ago
What does monatary policy do
mezya [45]

Answer:

<em>Monetary policy</em> consists of management of money supply and interest rates, aimed at achieving macroeconomic objectives such as controlling inflation, consumption, growth, and liquidity.

6 0
3 years ago
Read 2 more answers
Iceland produces two goods: Viking hats (Y) and fish (X). Its production possibilities frontier is characterized as: Y = 50 – 2X
svlad2 [7]

Answer: C

Explanation: from the given function Y=50-2X, Y is the dependent variable which represent the Viking Hat, while X is the independent variable representing Fish production.

4 0
3 years ago
A new corporate bond is being offered for $930. The bond has a face value of $1,000 and matures in 10 years. The coupon rate is
PilotLPTM [1.2K]

Answer:

The answer is 7.65%

Explanation:

The cost of capital is equal to the cost of debt in this example as it involves a debt instrument. The formula for the cost of debt is as follows:

(Interest Expense x (1 – Tax Rate) ÷  (Amount of Debt – Debt Acquisition Fees + Premium on Debt – Discount on Debt)

In the example, the given values are the following:

Interest Expense = 7% x $1,000 = $70 (no tax rate was provided)

Amount of debt = $1,000 (face value of the bond)

Debt acquisition fee = $15

Discount on debt = $70 ($1,000 face value vs. the $930 proceeds of the bond, the bond was issued at a discount)

Solution:

$70 ÷ ($1,000 - $15 - $70) = 7.65% cost of capital (cost of debt)

8 0
3 years ago
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