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Varvara68 [4.7K]
3 years ago
13

Which of the following is a characteristic of the coverdell education savings account?

Business
2 answers:
Natali5045456 [20]3 years ago
7 0

Answer:

D) there is a maximum yearly contribution limit is the answer,

Explanation:

Coverdell education savings account also known as Coverdell ESA, is a tax-advantaged investment account in the U.S.; it is designed to encourage savings to cover future expenses related to education, like books, tuition, or uniforms. Since 2013, the permanent limit is $2,000, so letter D is the right answer.

bulgar [2K]3 years ago
4 0
D. There is a maximum yearly contribution limit
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The Janissaries were___________.A)slave women who lived in the sultan's harem.B)Christian boys taken from conquered territories
Drupady [299]

Answer:

The answer to this question is B. Christian boys taken from conquered territories and raised as special forces.

Explanation:

The Janissaries  were Christian boys, that were taken as salves  from the Balkan region  (Southeast Europe)   that ended up in Anatolia  (west Asia) and were indoctrinated into Islam and circumcised.

They were made to go through rigorous training, and they earned the rank of Janissary upon reaching 24 or 25 years of age.  

7 0
3 years ago
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he following information pertains to Lightning Inc., at the end of December: Credit Sales $ 20,000 Accounts Payable 10,000 Accou
agasfer [191]

Answer:

What is the appropriate amount of Bad Debt Expense?

Bad debt expense $ 1,178  

Allowance for Uncollectible Accounts  $ 1,178

Explanation:

The total amount of Allowance for Uncollectible Accounts is a credit of $0,400

  • Initial Balance  

Accounts Receivable $ 10,400  

Allowance for Uncollectible Accounts  $ 0,400

  • The aging method indicates that the total amount must be :

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7%    $ 7,000     $ 0,490 Not yet due

15%   $ 1,700     $ 0,255 1-30 days

49%  $ 1,700     $ 0,833 more than 30 days

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Bad debt expense $ 1,178  

Allowance for Uncollectible Accounts  $ 1,178

7 0
3 years ago
The agency relationship in corporate finance occurs:__________
miskamm [114]

Answer:

when the shareholders hire a manager to run their company.

Explanation:

An agency relationship in corporate finance is a situation whereby a party known as an agent is hired by another party which is the principal, to perform certain functions or services. Based on this question, the share holders are known as the principal while the manager act as the agent. The relationship is formed after the agent has agreed that he or she will represent the principal

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2 years ago
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7nadin3 [17]

Lawsuits related to performance management usually involve charges of discrimination or<u> unjust dismissal</u>.

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Discrimination is particularly the discriminatory treatment of individuals or groups over other privileges available to members of another group because of their actual or perceived affiliation with a particular group or social category. are treated unfairly and poorly.

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2 years ago
Hinge Manufacturing's cost of goods sold is $420,000 variable and $240,000 fixed. Thecompany's selling and administrative expens
MrRissso [65]

Answer:

Contribution margin= $960,000

Explanation:

Giving the following information:

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8 0
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