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Cerrena [4.2K]
3 years ago
7

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

Business
2 answers:
natita [175]3 years ago
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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Jon P. Farmer is the founder of Kolopua Hawaii LLC, a company that markets Pure Hawaiian Air. Bottles of Pure Hawaiian Air conta
lara [203]

Answer:

Jon P . Farmer here is an entrepreneur , whose annual income exceeds $100,000 annually.

Explanation:

According to the given question Jon P. Farmer here is an entrepreneur who earns more than $100,000 annually. We can say that Jon P.Farmer is an entrepreneur because here Jon has created his own business ( marketing pure Hawaiian air ), by founding the Kolopua Hawaii LLC, he is taking most of the risk here and he is also getting most of the rewards from the sale of floral bouquet .

3 0
3 years ago
Reston had income of $204 million and average invested assets of $1,990 million. Its return on assets is?
victus00 [196]

Its return on assets is 0.1025.

Given,

Income = $204 million

Average invested assets = $1,990 million

Return on assets = Net income / total assets

= $204 million / 1,990 million

=0.1025

Therefore, Return on asset is 0.1025.

Return on assets (ROA) is a measure of how efficiently a company uses the assets it owns to generate profits. Analysts, managers, and investors use Return on assets to evaluate a company's financial health.

Net income is what the business has left over after all its expenses, including salary and wages, cost of the goods or raw material and taxes.

To learn more about Return on assets here:

brainly.com/question/14969411

#SPJ4

5 0
1 year ago
If a seller requires an intermediary to purchase a supplementary product to qualify to purchase the primary product the intermed
Mashcka [7]

Answer:

A Tying Contract

Explanation:

If a seller requires an intermediary to purchase a supplementary product to qualify to purchase the primary product the intermediary wishes to buy, it results in a tying contract. It is mostly treated as an illegal because it pushes  intermediary organization to buy other products if they wishes to purchase the products which is actually needed to be purchased. Some companies make it compulsory for their intermediaries in doing so. For example, if you have to buy 10 packs of Lays, then you must be buying 5 extra boxes of Pepsi as well. It is being done because of the power and market share that company is enjoying in the market, so they take its advantage.

7 0
3 years ago
There are two main ways to measure social inequality, they are: Inequality of conditions refers to the unequal distribution of i
butalik [34]

Answer:

True.

Explanation:

Social inequality can be defined as an existence of unequal rewards and opportunities for different social status or classes within a group of people in a society.

Generally, social inequality is peculiar to a society that is grouped based on race, hierarchy of class, religion, culture and gender. A social inequality is characterized by unequal distribution of wealth, punishment, rewards, opportunities and goods or services to the various classes.

There are two main ways to measure social inequality, they are:

1. Inequality of conditions: refers to the unequal distribution of income, wealth, and material goods.

2. Inequality of opportunities: refers to the unequal distribution of life chances across individuals.

4 0
4 years ago
zonk corp. is a manufacturer of ball bearings. data below is in dollar amounts in millions: total assets $7460 interest-bearing
satela [25.4K]

Answer:

Zork's cost of equity capital is 12.85%

Explanation:

Cost of equity=Rf+Beta* Mrp

Rf is the risk-free rate of 4.6% which is rate of return on government security

Beta of the stock is 1.13

Mrp is the market risk premium which is the incentive given over and above the risk free rate in order to compensate investors for risk taken by investing in stock i.e 7.3%

cost of equity=4.6%+(1.13*7.3%)=12.85%

4 0
3 years ago
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