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3 years ago

What is the best option for your retirement plan when you leave a company?

Business

2 answers:

jeyben [28]3 years ago

8 0

Answer: It depends on several factors

Explanation: There is no one best answer for this question. There are several factors that influence the correct answer. For example, a person's age, knowledge, education, and investment experience all contribute to the correct answer.

In the vast majority of situations, it is best to rollover a retirement plan into an IRA plan.

Debora [2.8K]3 years ago

7 0

U should start a 401{k} plan

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Assume that a certain business has $1,000 worth inventory, $1,000 cash in bank, and $10,000 receivable from customers in three m

Tresset [83]

Answer:

A. $5,000

Explanation:

Plato

8 0

3 years ago

Martin was trying to sell pumps for circulating water in decorative goldfish ponds when he realized that the reason he was not a

Llana [10]

The correct answer would be option A, Change Agent.

After making the change in design, the pumps became lightweight and were better able to meet customers' requirements. As the Change Agent, Martin identified an opportunity, saw the project from its conception to the development of a light model pump.

Explanation:

A person who brings about change in the organization, or who influences or forces to make a change in the product or organization like organizational effectiveness, improvement or development, then this person is called as a Change Agent.

A Change agent is a person who can be from within the organization or can be from outside of the organization.

So Martin, who is an employee of the firm, and trying to sell the firm's product to the customers, identified an opportunity and told the firm to change the model of pump to get more sales. So he acted as a change agent in this example.

Learn more about Change Agent at:

brainly.com/question/6665943

#LearnWithBrainly

6 0

3 years ago

A project has an initial cost of $44,000. Expected cash flows as a result of this project are projected as indicated below. Calc

maksim [4K]

Answer:

It will take 5 years and 99 days to recover for the initial investment at a discount rate of 9%.

Explanation:

Giving the following information:

Project X t Cash Flows

0 -44,000

1 10,000

2 10,000

3 15,000

4 18,000

5 15,000

<u>The payback period is the time required to cover for the initial investment. We need to discount each cash flow using the following formula:</u>

PV= Cf/(1+i)^n

Year 1= 10,000/1.09= 9,174.31 - 44,000= -34,825.69

Year 2= 10,000/1.09^2= 8,416.80 - 34,825.69= -26,408.89

Year 3= 15,000/1.09^3= 11,582.75 - 26,408.89= 14,826.14

Year 4= 18,000/1.09^4= 12,751.65 - 14,826.14= - 2,074.49

Year 5= 15,000/1.09^5= 9,748.97 - 2,074.49= 7,674.48

<u>To be more accurate:</u>

(2,074.49/7,674.48)*365= 99

It will take 5 years and 99 days to recover for the initial investment at a discount rate of 9%.

8 0

3 years ago

the deployment time of an airbag should be between 21 and 27 milliseconds and their current average is 22 milliseconds with a st

alekssr [168]

Answer:

4.00

Explanation:

Given:

Upper Specification Limit, USL = 27

Lower Specification Limit, LSL = 21

Mean = 22

Standard deviation, $\sigma$ = 0.25

Required:

Find the process capability index

First center the mean by taking the average of the LSL and USL.

$X = \frac{21 + 27}{2}$

$\frac{48}{2} = 24$

$X = 24$

Use formula below to find process capability index:

$C_p_i = min [(\frac{USL - X}{3*\sigma}), (\frac{X - LSL}{3*\sigma})]$

$C_p_i = min [(\frac{27 - 24}{3*0.25}), (\frac{24 - 21}{3*0.25})]$

$= min [(\frac{3}{0.75}), (\frac{3}{0.75})]$

$min [ (4.00), (4.00)]$

We are sullosed to take the minimum value, but since both values are equal, our process capability index will be 4.00

Therefore, the process capability index = 4.00

7 0

3 years ago

What amount of money was loaned if the borrower paid $950 in interest at the end of 6 months and was charged 7% annual interest?

Ronch [10]

Answer:

The loan amount was $27,142.86

Explanation:

Data provided in the question:

Total interest paid for the loan amount = $950

Time for which interest is charged = 6 months = 0.5 year

Annual interest rate = 7% = 0.07

Now,

Interest = Principle × Rate × Time

$950 = Principle × 0.07 × 0.5

Principle = $950 ÷ 0.035

Principle = $27,142.86

Hence,

The loan amount was $27,142.86

4 0

3 years ago