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3 years ago

Describe the difference between a 401(k) plan and an Individual Retirement Account.

2 answers:

8 0

The difference between a 401(k) plan and an individual retirement account is that almost anyone can open up an IRA, but only employees can enroll in 401(k) plans. The amount you can contribute to a 401(k) is larger than what you can contribute to an IRA. A 401(k) plan often has a feature called company match, where as an IRA does not.

nadya68 [22]3 years ago

4 0

401(k) is an employer-provided plan, IRA isn't.

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Firms might be tempted to cheat on the collusive agreement because each firm could achieve multiple choice 8 increased sales. hi

blagie [28]

Through price collusion, each firm would achieve higher profits.

When competing businesses agree to cooperate, such as by raising prices in order to increase profits, this is called collusion. Collusion is a strategy used by businesses to increase profits at the expense of customers and lowers market competition.

Lower consumer surplus, higher prices, and more profits for the colluding businesses are the results of collusion. It may enable oligopolists to exercise monopoly power and increase their group earnings. In an oligopoly, businesses have a strong incentive to work together.

Collusion may be a tactic used in times of unproductive economic circumstances to try and rescue the industry and save companies from going out of business, which would not be for the long-term benefit of consumers.

To learn more about collusion

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6 0

1 year ago

What is a caterer what is his job

Oksi-84 [34.3K]

A caterer is someone who arranges the delivery, preparation and presentation of food for clients. If you've ever attended a bridal shower, fund raiser, rehearsal dinner, wedding reception or a bar mitzvah that had beautifully prepared and presented food, chances are that event was catered.

6 0

3 years ago

Jabiru Corporation purchased a 20% interest in Fish Company common stock on January 1, 2013 for $300,000. This investment was ac

Vesna [10]

Answer:

$280,950

Explanation:

As for the information given:

Closing balance of investment on 31 December 2015 = $440,000

Now the following adjustments need to be made to calculate the balance as on 1 August 2016

Add: Share of income from Jan to Jul 2016 = $4,000 $\times$ 7 months $\times$ 20% = $5,600

Less: Dividend Received = $20,000 $\times$ 20% = $4,000

Less: Amortization of patent = $6,000/12 $\times$ 7 = $3,500

= $440,000 - $1,900 = $438,100

Since Jabiru sold half of its investment, thus, value of its half of the investment shall be:

$438,100/2 = $219,050

Sale value = $500,000

Thus, gain amount = $500,000 - $219,050 = $280,950

5 0

3 years ago

Wayne worked in an office. He had no criminal record, had never had a complaint made against him about his work or his conduct,

boyakko [2]

Answer:

A) there was no way to foresee that the incident would happen.

Explanation:

Wayne hadn't done anything wrong before in the company, his behavior at the workplace could be described as very good; no complaint in 20 years and no criminal record what so ever. If Wayne was frustrated about his job, he disguised it very well. No one can predict this type of behavior if the person shows no prior signs of violence or frustration.

6 0

3 years ago

Question 2

mojhsa [17]

Answer:

The answer is below

Explanation:

Probability distribution are statistical function that shows all the possible outcomes of a random variable within a given range of values.

a) The mean ( $\bar x$ ) of a probability distribution of a discrete random variable is:

$\bar x=\Sigma\ [xP(x)]$ = (0 * 0.8) + (1 * 0.15) + (2 * 0.04) + (3 * 0.01) = 0.26

b) The standard deviation (σ) of a probability distribution of a discrete random variable is:

$\sigma=\sqrt{ \Sigma\ [(x-\bar x)^2*P(x)]}\\\\\sigma=\sqrt{(0-0.26)^2*0.8+(1-0.26)^2*0.15+(2-0.26)^2*0.04+(3-0.26)^2*0.01} \\\\\sigma=0.577$

7 0

2 years ago