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uysha [10]
3 years ago
11

Jacque solis, a 38-year-old, is leaving her current job and would like to take a long vacation before a new job. she has $58,000

in a qualified plan that she would like to live on during this period. if she is in a 25 percent marginal tax bracket, how much will she have left after paying taxes and penalties?
Business
1 answer:
Fudgin [204]3 years ago
7 0
Jacque Solis will have $37,700 left <span>after paying taxes and penalties from her $58,000 qualified plan during the said period.  </span>A qualified plan is an employer-sponsored retirement plan that qualifies for special tax treatment under Section 401(a) of the Internal Revenue Code.

 





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Answer:

Fixed costs, sales price, and variable cost per unit

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Therefore, according to the assumptions of CVP, fixed costs, sales price, and variable cost per unit will not change as the volume of a product increases or decreases.

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3 years ago
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An investor wants to determine the safest way to structure a portfolio from several investments. Investment A produces an averag
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Romashka [77]

Answer:

1. Journal entries are quicker and more comfortable in the manual accounting

2. Posting is easier in computer software-based accounting

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Explanation:

The introduction of accounting software such as QuickBooks has transformed the working for accounting professionals. The conventional accounting system replacement has made the job more comfortable. However, there are new challenges added, such as learning the software, making error-free inputs, and pace of computer-related entries. However, considering that once these skills are learned, the overall job is easier than before.

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