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3 years ago

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Jillian has just started her first job with a $45,000 salary at a company with a 401(k) plan that has a 100% match up to 3% gros

s salary. She figures she can afford to save $3,000/yr out of her income for her retirement. What should Jillian ideally do?

1 answer:

ValentinkaMS [17]3 years ago

6 0

Answer:

Contribute $1,650 In a Roth IRA, and $1,350 in her company's 401(k) plan

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An asset (not an automobile) placed in service in June 2018 has a depreciable basis of $2,555,000, a recovery period of 5 years,

yuradex [85]

Answer:

The amount allowed in the year 2018 = $298,083

Explanation:

Provided information,

Asset value = $2,555,000

Life of asset = 5 years

Salvage value = $0

Since depreciation is not to be charged on bonus basis, the depreciation for each year = $2,555,000/5 = $511,000

Since the asset is put to use in June, the amount to be deducted will be for 7 months June to December.

= $511,000 \times \frac{7}{12} = 298,083$

Thus the amount allowed in the year 2018 = $298,083

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3 years ago

A product's target market is part of which of the 4 P's of marketing?

Lostsunrise [7]

Answer:

Place

Explanation:

The marketing mix is defined as a set of the marketing tools which the organizations use them to obtain their marketing objectives in their target markets.

In other words, it is the foundation model for the businesses. It defines the key management decisions that are needed to achieve success in the marketing world.

The four P's in marketing are :

price , product , place and promotion.

A product's target market is a part of 'place' of the 4 P's of the marketing strategy.

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In a recent survey, it was observed that many Asian youths have started watching American sitcoms. Moreover, they have started a

pashok25 [27]

A sign of cultural influence

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4 years ago

Read 2 more answers

The rate of unemployment when the economy is fully employed is called the rev: 05_30_2018 Multiple Choice structural rate of une

Verizon [17]

Answer:

The natural rate of unemployment, is the right answer.

Explanation:

The natural rate of unemployment is the correct answer because an economy operating at full employment level means that it is using all its available resources efficiently but still there are some people who are changing their jobs and also many people who will lose their job due to technological advancement. Thus, the natural rate of unemployment is the sum of frictional and structural unemployment.

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3 years ago

At the end of the year, the records of NCIS Corporation provided the following selected and incomplete data: Common stock ($10 p

xz_007 [3.2K]

Answer:

1) Shares authorized: 210,000.

Shares issued: 142,000 shares

Shares outstanding: 135,000 shares

2) Balance in Additional paid in Capital is $710,000

3) Earning Per Share is $1.94 per share

Explanation:

1) Shares Authorized = 210,000 shares

Shares issued = Cash Collected ÷ Issue Price

= $2,130,000 ÷ $15 per share = 142,000

Shares outstanding = Shares issued - Treasury Stock

= 142,000 shares - 7,000 shares

= 135,000 shares

2) Balance in Additional paid in Capital = (Issue Price - Par Value) × Shares issued

= ($15 - $10) × 142,000 shares

= $710,000

3) Earning Per Share = Net Income ÷ Shares Outstanding

= $262,200 ÷ 135,000 shares

= $1.94 per share

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3 years ago