Mike has inherited his father's traditional ira. as beneficiary, he will pay ____ taxes on any money withdrawn.

1 answer:

5 0

The answer would be income taxes. The recipient can pull back the assets and pay the pay charges over a five-year time span. The recipient can make required yearly least disseminations throughout the recipient's measurably decided future, paying pay charges as withdrawals are made. The IRS has an outline with respect to future. This choice could enable a more youthful recipient to spread out the withdrawals and along these lines the income taxes over numerous years; The recipient can make required yearly least dispersions through the span of the decedent's factually decided future, paying wage charges as withdrawals are made.

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Bummerland finds itself in a recession caused, as assumed in class, a sticky nominal (money) wage (W) which is too high to clear

puteri [66]

Answer:

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Explanation:

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Nature’s Crunch is currently the only certified organic produce grower in a region that produces lots of non-organic produce alt

aliya0001 [1]

Answer:

The correct answers are letters: "A", "B", "C", and "D".

Explanation:

As a monopoly, Nature's Crunch will be benefited in profit terms if any chemical involved non-organic vegetables growing process is affected somehow. Then, a tomato blight affecting chemically treated plants, an increase in the cost of chemical pesticides, and a new report about the environmental dangers of chemically treated plants would automatically generate more sales for Nature's Crunch. Besides, it does not matter under what scenario, income tax cuts for all consumers will generate more revenue both for organic and non-organic industries.

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3 years ago

Any person who knowingly submits false claims to the government is liable for five times the government's damages caused by the

Alina [70]

The statement above is FALSE.
The correct sentence is this: Any person who knowingly submit false claims to the government is liable for THREE TIMES the government damages caused by the violator plus a penalty. This means that the violator will three fold of the damages he causes not five folds.

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2 years ago

Bina Co. purchased a machine on January 1st for $15,000 and estimates it will use the machine for three years with a $3,000 salv

KATRIN_1 [288]

The machine's second year depreciation expense is $3,200.

Depreciation is a method that is used to expense the cost of an asset. The units-of-production depreciation method determines the depreciation expense based on the units of goods that the machine produces in a given year.

Unit of production depreciation expense = (unit of goods produced in year 2 / total units the machine can produce) x (cost of the asset - salvage value)

Total units the machine can produce = 1500 + 1250 + 1000 = 3750

(1000 / 3750) x ($15,000 - $3,000) = $3,200

A similar question was answered here: brainly.com/question/15858628?referrer=searchResults

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2 years ago

Double counting would occur if: a imports were subtracted from GDP. b inventories were added to the GDP calculation. c used good

GrogVix [38]

Answer:

c used goods were included in the GDP calculation

Explanation:

Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.

GDP calculated using the expenditure approach = Consumption spending + Investment spending + Government Spending + Net Export

If used goods are included in the calculation of GDP, it would be double counting because the good would have been included in the calculation of GDP when it was newly produced.

I hope my answer helps you

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3 years ago