1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lana66690 [7]
3 years ago
15

Increasing your 401k deduction will ________ your take-home pay and __________ your federal taxes in the current year.

Business
1 answer:
Nat2105 [25]3 years ago
5 0
Increase and increase
You might be interested in
Sophie is willing to sell her used economics textbook for $30. Ruby is willing to pay $60 for the used economics textbook. Sophi
erastovalidia [21]

Answer:

The correct answer is option A.

Explanation:

Sophie is willing to sell a textbook for $30, while Ruby is willing to purchase it for $60. Both negotiate and agree on a price of $45.

The gain for Sophie will be the difference between the minimum price she was expecting and the price she gets for the textbook.

Gain for Sophie

= $45 - $30

= $15

The gain for Ruby will be the difference between the maximum price she was willing to pay and the price she actually paid.

Gain for Ruby

= $60 - $45

= $15

So, both of them have a gain of $15 from trade.

8 0
2 years ago
LO 3.4If the sales mix in a multi-product environment shifts to a higher volume in low contribution margin products, the break-e
kompoz [17]

Answer:

Option 1 is wrong because in the case of multi-product, breakeven is weighted average which means the sales price will weighted average of sale prices of all the multi-products in the sales mix. If we change the weightings the weighted average costs and selling prices changes and so the contribution changes.

Option 2 is also sligthly wrong because Contribution margin per composite unit decreases if the volume of low contribution margin products increases in the sales mix. This means:

Breakeven Point=Fixed Cost/ Contribution per unit.........equartion 1

If the contribution per unit has been decreased the breakeven will rise.

Its impact depends upon the portfolio of products company is managing. It means it increases breakeven with high effects if the products in sales mix 2 to 3.

Option 3 is 100% right because equation 1 is

Breakeven Point=Fixed Cost/ Contribution per unit

Which says

If the contribution per unit has been decreased the breakeven will rise.

Option 4 is absolutely wrong because if we shift to higher volume in low contribution margin products, Contribution margin per composite unit decreases if the volume of low contribution margin products increases

which means Weighted average contribution has been decreased and as a result breakeven point according to equation 1 has been incresed.

5 0
3 years ago
Admire County Bank agrees to lend Givens Brick Company $600,000 on January 1. Givens Brick Company signs a $600,000, 8%, 9-month
zheka24 [161]

Answer:

The journal entry which is to be reported on January 1 is shown below:

Explanation:

The journal entry which is to be reported on January 1 for the issuance is as:

On January 1

Cash A/c............................Dr  $600,000

    Notes Payable A/c..........Cr  $600,000

Being the issuance as well as proceeds of the note is recorded

On January 1, the company issues as well as proceeds the note, so, the cash account is debited as the cash is increasing and any increase in asset is debited. Therefore, the cash account is debited. And the note will become payable, which lead to increase in liability and any increase in liability is credited. So, the notes payable is credited

3 0
2 years ago
To project a trend that decreases rather than increases, use a step value of less than _______ for a linear trend.
Eddi Din [679]
Less than 0 for a linear trend, because the trend is no longer a trend but a FAD.
7 0
3 years ago
Jamie's Motor Home Sales currently sells 1,100 Class A motor homes, 2,200 Class C motor homes, and 2,800 pop-up trailers each ye
rusak2 [61]

Answer:

$46,900,000

Explanation:

Calculation for the erosion cost of adding the mid-range camper

Erosion cost = [(1,100 - 850) × $140,000] + [(2,200 -2,000) × $59,500]

Erosion cost =(250×$140,000)+(200×$59,500)

Erosion cost =$35,000,000+$11,900,000

Erosion cost = $46,900,000

Therefore the erosion cost of adding the mid-range camper will be $46,900,000

5 0
3 years ago
Other questions:
  • suppose the federal reserve decides to decrease the money supply in order to lower inflation. in three or four sentences, explai
    13·1 answer
  • The account balances of Wilson Towing Service at June 30, 2016, follow:Equipment $12,950Office supplies 1,000Notes payable 4,500
    10·1 answer
  • Trading centers in other countries helped the mother country in all of the following ways except for
    6·2 answers
  • The Atlantic Company sells a product for $150 per unit. The variable cost is $60 per unit, and fixed costs are $270,000. What is
    8·1 answer
  • Under variable costing, which of the following costs would be included in finished goods inventory? a.salary of vice president o
    13·1 answer
  • Macroeconomics​ examines: A. how individual firms make​ choices, such as how they decide what prices to charge. B. the economy a
    13·1 answer
  • •<br> List three examples of lighting and give the purpose for each
    5·1 answer
  • The Nobel Prize-winning economist Paul Samuelson argued that contrary to the standard interpretation, in certain circumstances t
    8·2 answers
  • A teacher buys 4.25 ounces of a compound for an experiment. The compound costs $5.76 per ounce. The teacher pays with a $50 bill
    15·1 answer
  • 2. In 2016; the cost of a market basket of goods was $2,000. In 2018, the cost of the same market basket of goods was
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!