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3 years ago

Please select the word from the list that best fits the definition

Business

2 answers:

irakobra [83]3 years ago

7 0

Answer:

The answer is Roth IRA

Explanation:

Definition: an individual retirement account allowing a person to set aside after-tax income up to a specified amount each year. Both earnings on the account and withdrawals after age 59½ are tax-free.

dalvyx [7]3 years ago

5 0

That is a Roth IRA
All others will always have some taxable portion.
The only thing about a Roth IRA is it never actually “matures” rather the individual will mature. Or they reach retirement age as the IRS sees it and at 59.5 years of age there are no taxes or penalties on Roth distributions.

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The ________ holds that the organization’s task is to determine the needs, wants, and interests of target markets and to deliver

allochka39001 [22]

Answer:

Societal marketing

Explanation:

Societal marketing: The societal marketing is that marketing concept which focuses on serving the society at their best level by satisfying their needs, wants, and interest and keep the profit motive aside.

It aims to produce such goods and serving those services which helps to improves the business organization image, goodwill, reputation to a larger extent. By satisfying the society at large, the organization can strengthen its long term success.

This market concept is closely related to the Corporate Social Responsibility (CSR)

So, According to the given definition, the most appropriate term is Societal marketing

6 0

3 years ago

Crimson Inc. recorded credit sales of $779,000, of which $560,000 is not yet due, $120,000 is past due for up to 180 days, and $

Lorico [155]

Answer: $47,200

Explanation:

Accounts receivable not yet due = $560,000

Bad Debts for accounts receivable not yet due:

= $560,000 × 0.01

= $5,600.

Accounts receivable due for up-to 180 days = $120,000

Bad Debts for accounts receivable due for up-to 180 days:

= $120,000 × 0.16

= $19,200.

Accounts receivable due for more than 180 days = $99,000

Bad Debts for accounts receivable due for more than 180 days:

= $99,000 × 0.20

= $19,800

Ending balance of Allowance account:

= Debit Balance of allowance account + $5,600 + $19,200 + $19,800

= $2,600 + $5,600 + $19,200 + $19,800

= $47,200

3 0

3 years ago

Sonic sells the rights to use the business name and sell its products and services to others in a given territory. This arrangem

Ket [755]

Answer:

Sonic sells the rights to use the business name and sell its products and services to others in a given territory. This arrangement is called a franchise agreement.

Explanation:

The franchise agreement can simply be described as a legal agreement for binding of two or more companies. The agreement carries all the terms and conditions under which the two companies will work together. In such a kind of agreement, the owner of a business gives the rights of using the company name to another person or another company. The other company also gets the rights to sell products under the name of that company. In return, they agree to pay a commission or a part of their revenue as franchise fees.

5 0

3 years ago

Superior Printing, Inc. has provided you with its bank statement and Cash T-account for the month of June. The Controller has as

Anvisha [2.4K]

Explanation:

Bank Reconciliation: The Bank reconciliation deals with the balance of the bank statement and the balance of the cash statement. The aim is to compare those two statements to allow the organization to run smoothly.

There are various transactions because of which the balance of the bank statement and the balance of the cash statement do not match We change the transactions accordingly to match those statements

The preparation of the bank reconciliation statement for the month of June is presented in the spreadsheet. Kindly find the attachment below:

The outstanding checks is

= $770 + $4,600

= $5,670

5 0

3 years ago

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Leokris [45]

She will be better of with a 1.3 percent interest compounded monthly

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3 years ago

Read 2 more answers