Answer:
He is age 20 and single. His only income item is $12,100 interest from a trust fund. NO CONTRIBUTION SINCE HE HAS NO EARNED INCOME
He is age 40 and single. His only income item is a $34,900 share of ordinary income from a partnership. MAXIMUM CONTRIBUTION OF $6,000
He is age 60 and single. His only income item is $21,300 wages from his job. MAXIMUM CONTRIBUTION OF $7,000
He is age 46 and files a joint return with his wife. His sole proprietorship generates a $7,790 loss, and his wife’s salary is $46,700. MR. JANSON CANNOT CONTRIBUTE ANY MONEY TO THE IRA ACCOUNT, BUT HIS WIFE CAN CONTRIBUTE $6,000 ON HER ACCOUNT AND $6,000 ON MR. JANSON'S ACCOUNT.
Explanation:
In 2019, the limit for RA contributions increased by $500 to:
- under age 50 ⇒ $6,000 per year
- over age 50 ⇒ $7,000 per year
only earned income can be contributed
you cannot contribute more than what you earn
Answer:
forward integration
Explanation:
Forward integration -
It refers to a business strategy , where the business is expanded in order to control the direct distribution or supply of the company's product , is referred to as forward integration .
The method helps to expand and flourish the business .
Hence , from the given scenario of the question ,
The correct answer is forward integration .
Answer:
a. Considered sunk costs, not relevant in further decision making
Explanation:
the missing options are:
- a. Considered sunk costs, not relevant in further decision making
- b. Considered sunk costs, but still relevant in further decision making
- c. Considered a loss
- d. Considered a profit
After the investment in new technology has been made, it will be considered a sunk cost, because they are no longer relevant or important when considering or evaluating future investments and projects. Sunk costs are expenses that have already been made and incurred, and cannot be recouped.
Answer:
D
Explanation:
Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested
IRR can be calculated with a financial calculator
Flying Car
Cash flow in year 0 = -$200,000
Cash flow in year 1 = 50,000
Cash flow in year 2 = 50,000
Cash flow in year 3 =80,000
Cash flow in year 4 =100,000
IRR = 13%
To find the IRR using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the IRR button and then press the compute button.
Answer:
Please Kindly check the attach picture, the full working is there.
Explanation:
