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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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Navel County Choppers, Inc., is experiencing rapid growth. The company expects dividends to grow at 22 percent per year for the
Thepotemich [5.8K]

Answer:

Stock price is $68.65

Explanation:

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4 0
3 years ago
M has four liens, which were recorded in the following order: $150,000 on the mortgage, $2,000 to a general contractor for a new
AnnyKZ [126]

Answer:

First the bank will collect its $150,000 and then the county will collect $2,500 in unpaid property taxes.

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4 0
4 years ago
Sun-Jun is the executive general manager of a U.S.-based multinational corporation. Marisol is a manager in a similar position b
Norma-Jean [14]

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A. choosing an appropriate mode for entering a particular foreign country

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C. marketing a product or service

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E. maintaining healthy relations with the U.S. government.

From the question, we are told that Sun-Jun is the executive general manager of a U.S.-based multinational corporation while Marisol is a manager in a similar position but works for an American company that operates only in the U.S. and does not engage in international business.

Since Marisol's company does not engage in international business, while Sun-Jun works in a multinational corporation, this means that the business function will be most typically exclusive to Sun-Jun will be choosing an appropriate mode for entering a particular foreign country.

4 0
3 years ago
Is gross profit or net profit more important to consider when you're deciding how successful and profitable a company is? Why?
Slav-nsk [51]
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7 0
3 years ago
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<em>If the marketing managers at Peyton Bike's Inc. decide to sell each bike at a price lower than $2,000 per unit</em><em>, a shortage of bikes will be created.</em>

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As a result, additional problems like plant shutdowns and disruptions as well as the unheard-of increase in bike orders during the peak of the coronavirus pandemic have added to the supply chain difficulties. The sector has never before experienced such a massive increase in demand as it has over the past two years.

learn more about<em> </em>shortage of bikes here <u>brainly.com/question/13000057</u>

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