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2 years ago

Who would be eligible for a 403b account?

Business

2 answers:

Misha Larkins [42]2 years ago

7 0

The correct answer is C. A government employee

Explanation:

In finance, a 403b account or plan is a retirement plan used mainly by government employees or non-profit organization employees, for example, a teacher of a public school or a librarian. This account is different from regular accounts because government institutions do not have to pay taxes and have different regulations for employees than private businesses. Due to this, there are changes in the retirement plant, this includes that funds can be vested in a shorter time and this plan has fewer costs. According to this, the person who would be eligible for a 403b account is a government employee because as mentioned before this account is only for government or non-profit organizations employees.

Kamila [148]2 years ago

3 0

The correct answer on Gradpoint is a government employee

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PA15.

ser-zykov [4K]

Answer:

Happy Trails

Income statement using variable costing

$ $

Sales 1,900,500

Less: Variable costs:

Direct material (27,000 units x $15) 405,000

Direct labour (27,000 units x $15) 405,000

Variable overhead (27,000 units x $3) 81,000

891,000

Less: Closing stock (8,000 units x $33) 264,000

627,000

Add: Variable selling and administrative 133,000 760,000

Contribution 1,140,500

Less: Fixed cost:

Fixed production cost (27,000 x $25) 675,000

Fixed selling and administrative expenses 300,000 975,000

Net profit 165,500

Profit reconciliation statement

Closing stock Net profit

$ $

Absorption costing 464,000 365,500

Less: Marginal costing 264,000 165,500

Difference 200,000  200,000

The difference of $200,000 in net profit is as a result of $200,000 difference in closing inventory.

Explanation:

In variable costing, variable costs are deducted from sales so as to obtain contribution margin. Net profit is the difference between contribution and fixed costs. Closing stock is the difference between production units and sales units. Closing stock is valued at marginal cost per unit in variable costing. Marginal cost per unit is the aggregate of all variable cost per unit.

3 0

2 years ago

Mobile networks and infrastructure have the potential to reduce healthcare costs. Tracking medical equipment and hospital invent

3241004551 [841]

Answer:

Okay, of all your choices it is most definitely going to be RFID tagging

Explanation:

4 0

3 years ago

The Sisyphean Company is planning on investing in a new project. This will involve the purchase of some new machinery costing $4

andrezito [222]

Answer:

c.$176,720

Explanation:

Calculation for The NPV for this project

NPV=-450,000+200,000 / (1.16)^1+225,000 / (1.16)^2+275,000 / (1.16)^3+200,000 / (1.16)^4

NPV=-450,000+172,414+167,212+176,181+110,458

NPV=176,720

Therefore The NPV for this project is closest to :176,720

5 0

2 years ago

Dove Corporation, a calendar year C corporation, had the following information for 2016:

poizon [28]

Answer:

$1,032,260

Explanation:

To calculate Dove's unappropriated retained earnings balance (UREB) as of December 31, 2016, the following simple formula is employed:

UREB = Unappropriated retained earnings as of 01 January 2016 + Net income per books (after-tax) - Cash dividend distributions

UREB = $796,010 + $386,250 - $150,000 = $1,032,260

Therefore, Dove's unappropriated retained earnings balance (UREB) as of December 31, 2016 is equal to $1,032,260.

Note:

This will appear in Schedule M–2 of Form 1120 as follows:

Unappropriated retained earnings as of 01 January 2016 $796,010

Net income per books (after-tax) $386,250

Sub-Total $1,182,260

Less: Cash dividend distributions $150,000

Unappropriated retained earnings as of 31 December 2016 $1,032,260

8 0

2 years ago

If a manufacturer does not have to pay for its contribution to pollution, it will produce too much output from a social viewpoin

NISA [10]

The choices are:
A. Too much output from a social viewpoint.
B. Inefficiently from a private viewpoint.
C. Unprofitably from a private viewpoint.
D. At a price that is too high from a social view.

I think the answer is, A. Too much output from a social viewpoint. To be exempted from contribution means the manufacturer has made an innovation and management of waste that is recommendable for other industries. From the standpoint of those who have observed it has exceeded expectation. It could have made a 0 waste which is also profitable for both the community and the industry as well.

7 0

3 years ago