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3 years ago

If you have $3,000 invested in a roth ira, what is true about your contribution?

Business

1 answer:

Arlecino [84]3 years ago

5 0

A. You have already paid taxes on the money, so it will grow tax free.

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Cynthia hamilton is launching a chain of smoothie restaurants. among cynthia's key partners will be firms that provide her the i

Ivan

The answer is suppliers

7 0

3 years ago

On October 1, 2021, Blue Corp. issued $744,000, 7%, 10-year bonds at face value. The bonds were dated October 1, 2021, and pay i

Luda [366]

Answer:

Blue Corp.

Journal Entry

Date Account Titles and Explanation Debit Credit

Oct. 1, 2021 Cash $744,000

Bonds Liability $744,000

To record the issuance of the 7%, 10-year bonds at face value.

Explanation:

a) Data and Analysis:

Face value of 7%, 10-year bonds = $744,000

Bonds issue = at face value

Issue date = October 1, 2021

Interest payment = annual

Interest payment date = October 1

Annual interest payment = $52,080 ($744,000 * 7%)

Records on December 31, 2021:

Accrual of interest for the year:

Interest Expense $13,020

Interest payable $13,020

To accrue interest for 3 months.

Records on October 1, 2022:

Interest Expense $39,060

Interest payable $13,020

Cash $52,080

To record the interest payment.

8 0

3 years ago

PLS HURRY

jeyben [28]

Answer:

C) It leads to a decrease in per capita GDP. (sorry if it's late)

Explanation:

3 0

3 years ago

If licensee Sarah receives 35 percent of a total commission from her broker, then what is Sarah's broker's share if the property

dmitriy555 [2]

Answer:

$897

Explanation:

The cost price is $23,000

The commission is 6%

Total commissions paid = 6/100 x $23,000

=0.06 x $23,000

=$1,380

If Sarah receives 35 %, then the broker gets 65 % the commission.

65% of $ 1, 380

=65/100 x 1380

=.65 x 1380

=$897

8 0

3 years ago

World Company expects to operate at 80% of its productive capacity of 67,500 units per month. At this planned level, the company

scoray [572]

Answer:

1. $3,780 Unfavorable

2. $453,600 Overhead controllable variance

Explanation:

Req. 1

Fixed Overhead Applied

Fixed OH per DL hr. ($68,040 ÷ $32,400) = 2.1

Standard DL hours = 0.60 * $51,000 = $30,600

Fixed OH applied = 2.1 * $30,600 = $64,260

Volume variance.

Total fixed OH applied $64,260

Total budgeted fixed OH $68,040

Fixed OH volume variance $3,780 Unfavorable

Req. 2

Overhead controllable variance.

Total actual overhead $ 472,000

Flexible budget overhead

Variable = $408,240 ÷ $32,400 = 12.6

=> $30,600 * 12.6 = $385,560

Fixed. $68,040

Total $453,600 Overhead controllable variance

6 0

3 years ago