Answer:
$7,000 per year
Explanation:
Since Dori is over 50 years old, she can contribute up to $7,000 per year to her IRA or Roth IRA account. If she was a little younger, less than 50 years old, her maximum contribution would have been $6,000 per year.
The IRS sets the maximum contribution limits that anyone can contribute to an IRA account, and that limit was set for 2019 and continues to be valid.
Answer:
Yes.
Explanation:
I agree with Unilever’s decision to link its brands with efforts to encourage healthy and environmentally sustainable behaviors because it is an innovative way to catch more customers who might have been in doubt of their products due to health and other related issues. It also presents a good image of the company and shows that Unilever is not only out there to sell their products and maximize profits but also to make sure that the consumers of their products are healthy and satisfied. This will help them retain their customers as well as to build unflinching loyalty.
Accepting a special order will improve overall net operating income if the revenue from the special order exceeds<u>-the variable costs associated with the order</u>
Explanation:
A special order refers to an extra or additional order of a item that is specifically requested by the customer.On the request or demand of the customer the company can take a special order
The rule to accept the special order is that if the benefits from the order exceeds the cost incurred then it is advisable to take extra order.
The capacity of the company to produce the special order is an important consideration in order to accept the special order
Thus we can say that
Accepting a special order will improve overall net operating income if the revenue from the special order exceeds<u>-the variable costs associated with the order</u>
Answer:
PV of annuity due = $90,182.8 (Approx.)
Explanation:
Given:
Payment per year = $12,000
Number of year = 10
Interest rate = 7% = 0.07
Find:
PV of annuity due
Computation:
PV of annuity due = P + P[{1-(1+r)⁻⁽ⁿ⁻¹)/r]
PV of annuity due = 12,000 + 12,000[{1-(1+0.07)⁻⁽¹⁰⁻¹)/0.07]
PV of annuity due = $90,182.8 (Approx.)
Answer:
$1.47
Explanation:
Diluted earnings per share = Earnings before preferred stock dividends ÷ Weighted Average Number of Common Stock Outstanding
<em>where,</em>
<u>Earnings before preferred stock dividends is calculated as :</u>
Net Income $3,470,000
Add Preferred Stock Dividends $195,000
Earnings attributable to Common Stock holders $3,665,000
<u>Weighted Average Number of Common Stock Outstanding is calculated as </u>:
Outstanding end of the year 2,500,000 shares
therefore,
Diluted earnings per share = $3,665,000 / 2,500,000 shares = $1.47
