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Likurg_2 [28]
3 years ago
5

Willy Wise participates in his employer's 401(k) retirement plan and contributes $8,000 in the course of the year out of his $60

,000 income. (His employer matches Willy's contribution dollar for dollar.) Willy's contributions are tax deductible (i.e., deducted from his taxable income) and he is in the 25% federal income tax bracket. How much less does Willy pay in federal income taxes that year compared to a co-worker who makes the same salary but does not participate in the 401(k) plan? A. $500 B. $1000 C. $2000D. $3000E. $4000
Business
1 answer:
lara [203]3 years ago
8 0
B. $1000 dollars bingo helmsman
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During the year, Hamlet Inc. paid $24,000 to have bond certificates printed and engraved, paid $90,000 in legal fees, paid $15,0
Vitek1552 [10]

Answer:

$359,000

Explanation:

Total Bond issue costs  can be calculated by adding all the cost related to the issue of bond.

Bond Certificate printing cost        =    $24,000

Legal fees paid                                =    $90,000

CPA registration                               =    $15,000

Underwriting Commission                =   $230,000

Total Bond issue costs                      =   $359,000

After adding all the cost we reached at 359,000 and its closest to Option A 360,000

4 0
3 years ago
"Craig, the CEO of ShopRite, Inc., has noticed that one of his store locations has consistently through-the-roof sales numbers.
Ymorist [56]

The question is incomplete, here is the complete question.

"Craig, the CEO of ShopRite, Inc., has noticed that one of his store locations has consistently through-the-roof sales numbers. Also, a survey completed by employees revealed that this particular location’s workers showed extremely high levels of motivation and job satisfaction when compared to other locations in the region. Everyone who works there gave high praise to their manager, Jamal. What else did the surveymost likely reveal about Jamal’s employees?"

A) They reported feeling a lot of pressure to exceed sales goals every month.

B) They demonstrated citizenship behaviour such as volunteering work

C) They recorded higher level of stress than stored with lower sales number

D) They loved Jamal but were not especially committed to the company overall.

Answer:

They demonstrated citizenship behaviour such as volunteering work.

Explanation:

Survey can be described as a method that is used to collect data or information about a particular topic that requires a lot of attention.

Survey as a research method can be used to gather data about the different attitude and behaviour exhibited by each employees in an organization. It is used by the management of a company to effectively determine the amount of efforts that each employee is putting in towards the growth and success of the business.

In the scenario described above, the CEO of shopRite Inc has observed through a recent survey conducted that one of his store locations has recorded a high number of sales, this is as a result of the high rate of efficiency put in by the workers to ensure the success of the business.

5 0
3 years ago
Your firm spends $ 5 comma 200 every month on printing and mailing​ costs, sending statements to customers. If the interest rate
Korvikt [17]

Answer:

The present value for eliminating this cost will be of $1,130,434.78

Explanation:

we solve for the present value of a perpetual annuity as this cost goes forever unless we change into electronically afterwich; they disappear entirely.

\frac{C}{r} =PV

\frac{5,200}{0.46} = 1,130,434.78

7 0
3 years ago
What is the expected salary range for ocean engineer from entry level to being at the top of their field?
Troyanec [42]

Answer: $47,000 to $117,000 per year

Explanation: An ocean engineer at a fresher level can earn $47k and with the experience of 10 years in the filed, the salary of an individual can lead up to $117k in a year.

The profession of ocean is considered to be one of the highest paid branch of engineering, with most recruiters belonging to extraction industry. The median salary of an ocean engineer, as per the latest data is $70,285.

7 0
3 years ago
The new-product process starts with new-product strategy development. Place the steps that follow this one in order. (In other w
nalin [4]

Answer:

1. New-product strategy development.

2. Idea generation.

3. Screening and evaluation.

4. Business analysis.

5. Development.

6. Market testing.

7. Commercialization.

Explanation:

New product strategy is the first one as described and the remaining are briefed below:

Idea Generation: This steps creates the idea for how the product shall be created.

Screening and evaluation: This helps in evaluating the idea generated and comparing it with the practical manner.

Business Analysis aims at analyzing the business prospect of the new product.

Development is done once all of the above steps are in affirmation.

Market testing is done after the development about the market captured by the product or to be captured.

Commercialization basically aims at the proper introduction of the product in the market.

8 0
4 years ago
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