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3 years ago

Which group is most likely to utilize a tax advantages instrument such as an ira?

1 answer:

7 0

The small investor is the group that are able to day trade and most likely able to invest across different industries. They also utilize a tax advantages instrument such as IRA. This also a group that would face less red tape.

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Assume your goal in life is to retire with $2,500,000. How much would you need to save at the end of each year if interest rates

LUCKY_DIMON [66]

Answer:

Annual deposit= $60,982.31

Explanation:

Giving the following information:

Future Value= $2,500,000

Number of periods= 20 years

Interest rate= 0.07

To calculate the annual deposit, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (2,500,000*0.07) / [(1.07^20) - 1]

A= 60,982.31

4 0

3 years ago

Which statement about stakeholders is BEST?

olasank [31]

Answer:

2. Stakeholders can potentially impact project development.

Explanation:

Stakeholders -

It refers to a party , which is interested in a company and the business can affect the stakeholder or the stakeholder can affect the business , is referred to as a stakeholder.

The type of primary stakeholder are , the suppliers , customers , employees and the investors.

The stakeholder have the capability to affect any project .

Hence , from the question,

The correct option is 2.

4 0

3 years ago

If you were responsible for marketing communications at a company that manufactures office supplies and had to provide product l

polet [3.4K]

Answer:

back translation

Explanation:

When a company uses back translation, it will first translate its product literature to French, and then it will hire a French translator to translate it back from French to English to make sure that the words make sense. This way the company makes sure that whatever was translated in the first makes actual sense.

For example, if you use the google translator, you will get a literal word by word translation of whatever you want to say in another language, but it doesn't mean other people will understand those words in the same way as originally wrote them. This can also happen to companies, specially when dealing with extremely different languages like Chinese where even huge corporations like Pepsi made terrible translation mistakes (e.g. Seven Up meant useless frog XXX), that is why Coke is simply Coke or Coca Cola in other languages.

5 0

3 years ago

Snowboards Inc. refuses to sell its products to Timber Winter Sports Stores, Inc., a retail snowboard dealership. This violates

Lilit [14]

Answer:

b. The refusal has an anti competitive effect on the market.

Explanation:

When a company that sells certain products fails to sell same to a retailer who deals in same products, such is said to have anti competitive effect on the market. The aim is to reduce competition in the market.

This type of refusal would always lead to price fixing, boycott.etc. When there is price fixing, it would lead to customers being unable to buy the product due to high price.

Products that are evenly distributed and not selective would increase competition in the market place such that customers would be able to purchase such product in any retail shop that sells the products.

7 0

3 years ago

Classifying Cash Flows - Identify whether each of the following would be reported as an operating, investing, or financing activ

Yanka [14]

Answer:

Classifying Cash Flows:

Retirement of bonds payable ⇒ Financing activity

Purchase of inventory for cash ⇒ Operating activity

Cash sales ⇒ Operating activity

Repurchase of common stock ⇒ Financing activity

Payment of accounts payable ⇒ Operating activity

Disposal of equipment ⇒ Investing activity

8 0

3 years ago