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3 years ago

What is the difference between vested funds and non-vested funds in a 401(k) plan?

Business

1 answer:

Alekssandra [29.7K]3 years ago

8 0

Vested funds are the employers contribution and the non vested funds are the contribution of employee.

You might be interested in

The categories for people-based services include a. volunteers, skilled operators, and professionals. b. unskilled labor, skille

Alex777 [14]

Answer:

b. unskilled labor, skilled labor, and professionals

Explanation:

As the people services include the semi and skilled based works done they include Lawn care, security guards, and skilled labor as plumbing and catering and those of the professionals include the accountant, lawyers, and the managing consultants.

8 0

3 years ago

Guiness Inc. has a budgeted production of 8,000 units. Each unit requires 40 minutes of direct labor work to complete. The direc

Alex Ar [27]

Solution and Explanation:

The budgeted cost of the direct labor for the month is calcuated as follows:

the given data:

Budgeted production is = 8000 units, time required of direct labor work in order to complete the production is = 40 minutes, the direct labor rate as given in the question is = $100 per hour.

Budgeted cost = time multply with rate of labor multiply with budgeted production

(40/60 multiply with 100) multiply with 8000 = 533,333.33

therefore, the budgeted cost = $533333.33 ( rounded of to 2 places).

6 0

3 years ago

Coca-Cola, Inc. and PepsiCo, Inc. have only one distributor each in the Phoenix area. The Phoenix market is an intensely competi

yaroslaw [1]

Answer:

B. The denial is justifiable given the level of interbrand competition.

Explanation:

Anti trust law only applicable if you can proof that two or more producers in the same industry work together in order to assert their control over the market. They can do this through price fixing, controlling the amount of supply, etc.

This condition can't be found in the scenario above.

The denial that done by PepsiCo is justifiable because in a really competitive market, a company need to impose a strict requirement on which entities they should form a dealership relation with. If PepsiCo choose the wrong dealers, Its competitors could easily taken over the market and resulted in a huge amount of loss for the company.

7 0

4 years ago

If my friend suzette worked for a total of 7 hours. how much should she be paid

Ira Lisetskai [31]

Answer:

That would depend on the job that was done

Minimum wage would suffice depending on what state you're in

Or you could just look out for a friend and pay a fair price plus maybe something extra

Explanation:

5 0

4 years ago

The Playa Company has the following information in its records. Certain data have been intentionally omitted ($ in thousands). R

nikklg [1K]

Answer:

Particulars 2021 2022 2023

Beginning Inventory 277 253 235

Cost of Goods sold 633 623 586

Ending inventory 253 235 220

Cost of good available for sale 886 876 806

Purchases 640 623 595

Purchase discounts 20 17 26

Purchase returns 26 32 16

Freight-in 15 34 18

Explanation:

There are few missing values which are calculated using back solving technique. These values are bold and underlined. Playa Company has missing information for its three year accounts.

Available for sale = Beginning inventory + Net Purchases

Cost of Goods Sold = Cost of good available for Sales - Ending inventory

Ending inventory = Cost of Goods available for Sales - Cost of Goods Sold.

Net purchases = Gross purchases + Freight in - Purchase discount - Purchase return

8 0

3 years ago