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2 years ago

Why is expected income a large factor in choosing a retirement plan in which to invest?

2 answers:

8 0

Because you will be investing in it for the rest of your life. The yields should match the amount you are able to contribute. By doing this, you will be able the needs that needed to be made on current year while not throwing away the money for the future since the fruit of your retirement plan will be ripped when you're no longer in a productive age,

UNO [17]2 years ago

5 0

When you are choosing a retirement plan to invest in, you need to figure out what the expected income from the investment is. When you start to invest, make sure you are aware of your current income and expenses and how those will go up or down once retirement hits. Making sure your end result covers your cost of living and expenses is the end goal, so the steps you take to acheive your goal is important.

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Oscar pistorius sport personalites , descrition of the situation he faced that were negetively exploited by the media

Sav [38]

Oscar Pistorius, the sports personality, faced a situation of a murder case that negatively exploited by the media. Oscar Pistorius is a South African sprint runner who competed in Paralympic events. He was convicted as a murderer for the murder case of his girlfriend, Reeva. There were many frenzied media that distract the trial process.

7 0

3 years ago

Assuming that the direct materials used are $1880000, compute the total manufacturing costs using the following information.

Scilla [17]

Answer:

D. $3240000.

Explanation:

Particulars Amount ($) Amount ($)

Direct materials used 1,880,000

Direct Labor 760,000

Manufacturing Overheads

Factory Utilities 150,000

Indirect Labor 50,000

Factory Depreciation 400,000 600,000

Total Manufacturing cost $3,240,000

6 0

2 years ago

Cost-Volume Profit Analysis Recline Company is planning to produce and sell 11,250 units of its only product at a unit price of

Anarel [89]

Answer:

Calculate Recline’s contribution margin ratio.

Contribution Margin RATIO 34%

Calculate the break-even point in sales dollars for Recline.

Break-Even Point $1.030.556

Explanation:

The contribution margin it's determined by the total amount of Gross Profit divided by the total value of sales. To this case $405,000/$1,192,500 = 34%

Income Statement

11.250 Quantities

$106 Unit Price

$1,192,500 Sales

-$787,500 Cost of goods sold

$405,000 Contribution Margin 34%

-$281,250 Fixed Cost

$123,750 Operating Income

The Break Even point it's when the Operating Income is equal to zero, it means the lowest level of sales the company can afford and not loss money.

BREAK EVEN POINT

9.722 Quantities

$106 Unit Price

$1,030,556 Sales

-$787,500 Cost of goods sold

$243,056 Contribution Margin

-$243,056 Fixed Cost

$0 Operating Income

5 0

3 years ago

On July 23 of the current year, Dakota Mining Co. pays $6,492,240 for land estimated to contain 9,144,000 tons of recoverable or

Neko [114]

Answer:

a. Debit Land accounts $6,492,240

Credit Cash account $6,492,240

Being entries to record the purchase of land

and for the payment and installation of machinery,

b. Debit Machinery account (fixed asset) $1,280,160

Credit Cash accounts $1,280,160

Being entries to record the purchase and installation of machinery

Explanation:

When an asset is purchased with cash, the entries required are debit asset and credit cash. Such asset includes land, equipment, building, mines, inventory etc.

As such to record the purchase of a land,

Debit Land accounts

Credit Cash account

and for the payment and installation of machinery,

Debit Machinery account (fixed asset)

Credit Cash accounts

8 0

2 years ago

An investment center manager has three potential projects to accept or reject. Return on Investment (ROI) of these three project

Oksi-84 [34.3K]

Answer:

c, b, a.

Explanation:

Important to note that a mutually exclusive is project or event is one that cannot both occur at the same time. Hence, since they are not mutually exclusive, they can thus occur at the same time.

Therefore, the statement "all three of the projects could be pursued at once, if the manager desires" is TRUE.

It is more likely that the manager's choice would be based on the project with the highest Return on investment (ROI) and residual income (meaning $400,000 residual income and 18% ROI project is selected).

8 0

3 years ago