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3 years ago

Which of the following is an example of an employee contribution retirement plan

Business

1 answer:

tekilochka [14]3 years ago

8 0

Answer:

401 retairement plan

Explanation:

A 401(k) is a retirement plan based on savings with the contribution of the employer. The contribution made by the employer and portion of the wage that is saved is collected before taxes.

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Max and nora have modified agi of $75,000, and adopted a little boy from san antonio, texas, in the current year and incurred a

miskamm [114]

Answer:$9,000

Explanation:

The tax credit offered to adoptive parents to encourage adoption is reffered to as ADOPTION TAX CREDIT. The adoption tax credit is a nonrefundable tax credit. This means that people owing taxes are also fit or qualified to apply for the adoption tax credit.

In the United States of America, adoption tax credit qualified expenses include court costs, traveling expenses, lawyer's or Attorney's fee and other expenses for legal adoption of an eligible child.

It can be calculated by subtracting

the max's employer provided for the couple with adoption benefits of $4,000 from the incurred expenses of a total of $13,000 in qualified adoption expenses(from the question).

That is; $13,000-$4,000.

= $9,000.

Hence, the maximum amount of adoption credit they can take this year is $9,000.

4 0

3 years ago

Jones Company collected the following information to prepare its August bank reconciliation: Cash balance per books, August 31,

weqwewe [10]

Answer:

Adjusted cash balance as per books = $11,100

Explanation:

Given Cash balance as per books = $9,400

Add: Deposits in transit that is deducted by us but not added by bank thus added = $9,400 + $1,100 = $10,500

Add: Notes Receivables collected by bank but not added in books = $10,500 + $2,500 = $13,000

Less: Bank Service Charges as not deducted in books = $13,000 - $50 = $12,950

Less: Outstanding Checks as yet not cleared = $12,950 - $1,450 = $11,500

Less: NSF check as not received by bank = $11,500 - $400 = $11,100

Adjusted cash balance as per books = $11,100

7 0

3 years ago

Departmentalization by location allows an organization to readily respond to the unique demands of each geographic area. True Fa

lidiya [134]

It is true that departmentalization by location allows an organization to readily respond to the unique demands of each geographical area.

The departmentalization by location is a strategy that organizations use to maintain departments in different locations where they operate, in order to deal more closely with the company's activities and needs.

This is a positive strategy that can speed up decision making, as each geographic area has different needs that must be addressed differently from the other.

So the statement is true and some of the advantages of departmentalization by location is improved communication, better allocation of employees and greater product promotion.

Learn more about departmentalization here:

brainly.com/question/6229273

6 0

3 years ago

Your customer is implementing Oracle Procurement Cloud applications with multiple Requisition Business Units. Each Business Unit

Blizzard [7]

Answer:

E. Procurement Requester

Explanation:

Internal supplier registration may come from one of the following three streams:
Sourcing Invitation: Suppliers can be invited to register through sourcing negotiations.
Internal Supplier Request: The Supplier Administrator may invite suppliers to register.
Self-service collection: The supplier requests a collection
Reference: Oracle Procurement Cloud Using Collection

6 0

3 years ago

The unlevered cost of capital is: Group of answer choices the cost of preferred stock for a firm with equal parts debt and equit

Dennis_Churaev [7]

Answer: The cost of capital for a firm with no debt in its capital structure.

Explanation:

Leverage in finance refers to the use of debt. Unlevered capital therefore would refer to capital that is without debt which means that an unlevered cost of capital is one with no debt in its capital structure.

Companies with such a capital structure derive their capital 100% from Equity and as such do not pay interest. This means however, that they will not benefit from the tax shields that interest payments offer.

5 0

3 years ago