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melomori [17]
3 years ago
10

Kathy is 48 years of age and self-employed. During 2018 she reported $538,000 of revenues and $107,600 of expenses relating to h

er self-employment activities. If Kathy has no other retirement accounts in her name, what is the maximum amount she can contribute to an individual 401(k)?
Business
1 answer:
Fynjy0 [20]3 years ago
6 0

Answer:

Contribute to individual 401(k) = $61,000

Explanation:

Given:

Revenue = $538,000

Expenses = $107,600

Find:

Contribute to individual 401(k)

Computation:

Contribute to individual 401(k) = $55,000

Kathy is younger then 50 years so, She have t pay $6,000 more:

So,

Contribute to individual 401(k) = $55,000 + $6,000

Contribute to individual 401(k) = $61,000

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I would say safekeeping of employees and guests, as well as eliminating probable threats.

Explanation:

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3 years ago
A customer at Jaquine, a French restaurant, complains to Brent, the owner, about a specialty dessert being unacceptable. Brent i
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Answer:

B. a task analysis

Explanation:

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3 years ago
Tomas increased his consumption of potato chips when the price of pistachios increased. For Tomas, potato chips and pistachios a
mixer [17]

Answer: A. substitutes in consumption.

Explanation:

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4 0
3 years ago
Read 2 more answers
Suppose that the price index in 1999 was 170 and your salary was $44,000. Suppose in 2016 the consumer price index will be 290.
STatiana [176]

Answer:

$75,240

Explanation:

Given that,

Consumer price index in 1999 = 170

Salary in 1999 = $44,000

Consumer price index in 2016 = 290

Therefore, the required salary is calculated as follows:

= Salary in 1999 × (Consumer price index in 2016 ÷ Consumer price index in 1999)

= $44,000 × (290 ÷ 170)

= $44,000 × 1.71

= $75,240

Hence, the amount of salary have to earn in 2016 in order to equal your 1999 real income is $75,240.

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I think the best way would be credit
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