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Lina20 [59]
3 years ago
7

Bonita is considering changing jobs and plans to roll over the vested portion of her qualified retirement plan into either an IR

A or the qualified retirement plan of her new employer. Reasons why a direct rollover into the new plan, rather than an IRA, would be more appropriate include which of the following?I. The new employer's plan is the only way Bonita can get a distribution at retirement in the form of a life annuity.II. The new employer's plan contains a provision for loans.III. There will be no tax penalty if a lump sum benefit is withdrawn from the new plan at early retirement after attaining age 50.IV. Lump sum withdrawals from the new employer's plan after age 59 1/2 will be eligible for 5- or 10-year forward-averaging.a)II only b)I and IIIc)II and III
Business
1 answer:
jasenka [17]3 years ago
6 0

Answer:

a) II only

Explanation:

Bonita is planning to join the new company because there is an availability of getting a loan from the company. Unlike her previous employer, the new employer has different packages for employees such as retirement plans as well as the available of loans for employee. Therefore, it can be concluded that the correct option is a.

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Each of the following transactions appear on the statement of cash​ flows, EXCEPT: A. depreciating longinus lived assets. B. acq
KiRa [710]

Answer:

C. disposing of long minus lived assets for non cash proceeds

Explanation:

As we know that

Cash flow statement deals with the cash inflow and cash outflow of cash payments which increase or decrease the cash balance.

In another words, the inflow of cash increases the cash balance whereas the outflow of cash is decreases the cash balance

It includes operating activities, investing activities, and the financing activities.

Since all the given options includes the cash transactions except c.

3 0
3 years ago
A revenue variance is the:
IceJOKER [234]

Answer: Option C

                   

Explanation: In simple words, revenue variance refers to the difference between the revenue one expects to earn as per the budget made for a specified period of time and the revenue it actually earned in that time.

Organisations calculate revenue variance to identify the reasons they are not performing well or the qualities they are performing more than expected.

This measure helps organisation in decision making as to whether they should make changes in their process, and if so then wheat changes, or should remain as they are.

6 0
3 years ago
If you know that the value of an asset is $100 today, what concept will tell you what it will be worth in 5 years given a certai
Virty [35]

Answer:

future value

Explanation:

Future value is the value of a sum of money at some point in the future given a  certain interest rate.

Formula for future value = present value x ( 1 + r )^n

Assuming i = 10

the future value of $100 in 5 years = 100 x ( 1.1)^5 = $161.05

6 0
3 years ago
A company’s new eco-friendly dish soap is an extension of its current dish soap line. What type of adopters would probably be mo
Tcecarenko [31]

The company would most probably be interested in early majority .

<u>Explanation: </u>

Adopter categories split consumers into sections on the basis of their willingness to try out new innovations or products.   The categories of adopters had been first given the name and defined by social scientist Everett Rogers in 1962 in the famous book Propagation of Innovation.

Adopter categories as a concept for the propagation of the theory of creativity are extended to several studies, amongst others, marketing, administrative studies, management of information, communications and research of complexity.

Early majority: If this group joins an idea or some other innovation, it appears to be adopted by the public shortly. This group makes useful decisions and practical advantages over coolness.

4 0
3 years ago
The following amounts were taken from the financial statements of Crane Company: 2017 2016 Total assets $790000 $900000 Net sale
Oksanka [162]

Answer: 8%

Explanation:

Profit Margin = Net income / Net sales

2017 Net income ⇒ $54,400

2017 Net Sales ⇒ $680,000

Profit Margin₂₀₁₇ = 54,400/680,000

= 0.08

= 8%

8 0
3 years ago
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