In 2017, $26,000 was the maximum amount of money most employees throughout the united states could invest in either a 401(k) or 403(b).
401(k) plans may exclude workers who work less than 1,000 hours per year. This equates to approximately 19 hours per week for one year of employment. GAO found that 20 of the 80 plans it surveyed required an employee to work certain hours to participate in her 401(k) plan.
A defined contribution (DC) plan is a retirement plan, usually tax-advantaged, like his 401(k) or his 403(b), in which an employee contributes a fixed amount or percentage of salary. Pay into an account intended for funding purposes—their retirement benefits.
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Answer:
Evaluate performance
Explanation:
The mbo process is a time where an employee and manager work together and sets record for a particular period of time.
This step in the mbo process is evaluation of performance. Under this step, the manager reviews the work of the employee from the question, this is what Brenda is doing with Ethan. She is evaluating his performance.
The breakeven stabilization intersect quantity is the number of units that must be sold for the entire income to equal the total cost.
<h3>What is total income?</h3>
Total revenue is the overall sum of money received by a business through the sale of its products and services. Based on demand and price, it measures how successfully a company is generating revenue from its main operations.
Revenue is referred to as the money made by a company's main operations. It appears at the top of an income statement and is frequently referred to as the "top line. According to accounting standards, net income is defined as total revenue less total expenses for any given period.
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The correct answer to your question is letter A. Total asset amount remains the same.
Answer: See explanation
Explanation:
The year-end adjusting entry to record the cost side of sales returns and allowances will be:
Dr Inventory Return estimated $3200
Cr Cost of goods sold $3200
(To record expected coat of returns)
Note that the above calculation was done as:
= $64,000 × 5%
= $64,000 × 0.05
= $3200
