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2 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]2 years ago

4 0

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

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What is dumping?

pychu [463]

Dumping is exporting goods at prices that are lower than their value.

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2 years ago

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Rutgers Industries has the following inventory information for 2019: Jan 1 Beginning Inventory 240 units at $100 per unit June 1

timofeeve [1]

Answer:

$86,000

Explanation:

FIFO means first in, first out. It means that the first purchased inventory is the first to be sold.

This means thay the 500 units sold would be taken from the earliest purchased inventory and the ending inventory would be the most recently purchased inventories.

Ending inventory = (80 × $150) + (370 × $200) = $12,000 + $74,000 = $86,000

I hope my answer helps you

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2 years ago

Savings Goals

romanna [79]

Answer:

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2 years ago

Professor may wants to learn how grandparents define their role when they become the guardians of their grandchild. may asks gra

nirvana33 [79]

Based on one research of Baker, Silverstein, and Putney this situation is based on a paradigm of structural lag and political economy of aging. <span>The problem of grandparents' capacity to gain custody of their own grandchildren became the problem. </span><span>Which should be the question of how the government should support a family that has this kind of situation.</span>

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2 years ago

Tom tunes pianos in his spare time for extra income. Buyers of his service are willing to pay $155 per tuning. One particular we

PIT_PIT [208]

Answer:B - $80

Explanation: Producer surplus is the difference btw what a consumer is paying and what a producer is charging.

From the above questions, Tom tuned the following pianos:

Buyer willing to pay $155.

Tom tuned piano 1 for $120, therefore his surplus on piano 1 is $155 - $120 = $35

Tom tuned piano 2 for $125, therefore his surplus on piano 2 is $155 - $125 = $30

Tom tuned piano 3 for $140, therefore his surplus on piano 3 is $155 - $140 = $15

Tom tuned piano 4 for $160, therefore his surplus on piano 4 is $155 - $160 = ($5)

All together his surplus is $35+$30+$15 =$80

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2 years ago

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