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3 years ago

Can cathy withdraw money from her ira savings account

Business

2 answers:

AlladinOne [14]3 years ago

7 0

We would be able to answer that but we don't have enough information to

skelet666 [1.2K]3 years ago

7 0

Yes you can withdraw money from your IRA savings account. But since it is set up for your retirement you will lose some tax advantages and will incur penalties.

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As a general rule, a profit-maximizing restaurant owner employs each factor of production up to the point at which the value of

Juliette [100K]

Answer:

A. last; equal to

Explanation:

Marginal product of labour is the change in total output as a result of a change in quantity of labour employed.

A profit maximising firm would produce up to a point where the marginal product of last factor enjoyed in equal to the factor's price.

The marginal cost of Labour should equal to the marginal product of labour

4 0

3 years ago

A leftward shift in the supply curve for a good may be caused by any of the following except A. consumer expectation of an incre

nydimaria [60]

Answer: A. consumer expectation of an increase in their future income.

Explanation:

The supply curve is simply a graph that shows the relationship that is between the price of a particular good and the amount of quantity that is supplied.

A leftward shift in the supply curve for a good simply means that less of that good is supplied. All tye options will cause less of the goods to be supplied except consumer expectation of an increase in their future income.

3 0

3 years ago

Read 2 more answers

Suppose that a manager is interested in estimating the average amount of money customers spend in her store. After sampling 36 t

densk [106]

Answer:

The store manager is 95% confident that the average amount spent by all customers is between $ 31.84 and $ 38.66.

Explanation:

In statistics, a confidence interval is the probability that the parameter of a population lies between two set of values when a random sample of the population is drawn for a specific percentage of times. This means that the confidence interval is formed about the whole population not the sample from which it is calculated.

The probabilities of a confidence interval can take any number, but 95% and 99% confidence level that are usually used.

It should be noted that, for example, 95% confidence level implies that there is a 95% chance that the true mean of the population lies within the calculated confidence interval.

Therefore, the statement which gives a valid interpretation of the interval in the question is the first one which states that "the store manager is 95% confident that the average amount spent by all customers is between $ 31.84 and $ 38.66."

I wish you the best.

4 0

2 years ago

The tool that is used in situations when programmed decision making is appropriate is a _____ plan.

fredd [130]

A standing plan is the answer.

8 0

3 years ago

Archer Construction Company began work on a $420,000 construction contract in 2017. During 2017, Archer incurred costs of $278,0

zheka24 [161]

Answer:

This a loss making contract of $33,000

Explanation:

Under I.A.S 11, The following steps are followed

Step 1 - Determine Expected Outcome of the Contract

Project Value - 420,000

Cost to date - (278,000)

Cost to complete - (175,000)

Outcome of Contract is Loss of $33,000

Step 2 - Determine the amounts to be recognized in Income Statement for Profit, Revenue and Cost .

Cost to date - 278,000

Contract Loss (33,000)

Revenue (Balancing Amount = $245,000

Journal Entries

Dr Cost expended to date - 278,000

Cr Revenue to date - 245,000

Cr Loss 33,000

b) Percentage Completion Method

Stage of Completion % = (Costs incurred to Date / Total Contract Costs )*100

278,000/453,000 = 61.36%

Revenue recognizable = 61.36% * Contract Value = 257,712

Cost to date =................................................................. = 278,000

Loss to Date (balancing figure)................................... = 20,288

Journal Entries

Dr Cost expended to date - 278,000

Cr Revenue to date - 257,712

Cr Loss 20,288

8 0

3 years ago