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3 years ago

What benefit does a 401(k) plan provide over an IRA?

2 answers:

5 0

Hello,

Your brainliest answer would be:

A benefit of 401k It is Less of investment risk.

Plz mark me brainliest!

Hope this helps!

kotegsom [21]3 years ago

4 0

Since 401(k) accounts are employer sponsored, most companies match their employees contributions up to a certain percentage. In addition, they have a higher cap on contributions. IRA accounts allow more freedom over investments. The benefits to having a 401(k) or an IRA account depend in part on your financial situation.

I hope that helped

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Which of the following statements about “vesting periods” is TRUE?

wlad13 [49]

Answer:

if you quit your job is true

Explanation:

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3 years ago

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hichkok12 [17]

Answer:

balance after reconciliation 13,684 dollars

Explanation:

Bank Statement balance: 10,740

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missing check (443)

bank charge (90)

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Adjusted balance: 13,684

We adjust the bank statemnt for the deposit in transit and outstading check as the bank is unware of these.

The cash blaance account is adjsuted for the collection and fees ofthe bank. a mistake we could made (like missing a check) and the NSF as the company assume it was collected when it wasn't, so the company has less cash.

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3 years ago

Our financial decisions decrease once we reach adulthood true or false

Burka [1]

That statement is false. Your financial decision will not decrease when you have become an adult,

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3 years ago

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Pepper Enterprises owns 95 percent of Salt Corporation. On January 1, 20X1, Salt issued $220,000 of five-year bonds at 115. Annu

Viktor [21]

Solution :

a).

Par value of the bonds outstanding 220,000

Annual interest rate x 10%

Interest payment 220,000

Amortization of the bonds premium 6600 $\left( \frac{220,000 \times 15\%}{5}\right)$

Interest charged for full year 15400

Less:interest on the bond purchased 2567

by Online Enterprise (15400 x 1/2) x

(4 months / 12 months)

Interest expense included in the consolidated 12833

income statement

b).

Sale price of bonds, 1 Jan 20x1 138,000

(120,000 x 115%)

Amortization of premium 9600 $\left(\frac{\$120,000 \times 15\%}{5 \ yrs} \times 2\frac{2}{3}\right)$

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Purchase price 120,000

Gain on bond retirement 8400

c).

Events Accounts Debit Credit

1 Bonds payable 120,000

Bonds premium 6600

interest income 4367

investment in Salt bonds 120,000

Interest expense 2567

Gain on bond retirement 8400

2 interest payable 8100

(4950+11900+8750)

Interest receivable 8100

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3 years ago

Occupational fraud comes in many shapes and sizes. The fraud at Rite Aid is one such case. On February 10, 2015, the U.S. Attorn

Sliva [168]

Answer:

1. To encourage various groups to come forward and report fraud, Dodd-Frank extended whistle-blowing privileges and rewards to which of the following?

D. All of these are correct.

2. Whistleblowers who meet the criteria are eligible to receive an award based on what was collected as a result of the monetary sanctions. This can vary from_________.

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Explanation:

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