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GREYUIT [131]
3 years ago
11

Identify the characteristics of a retirement plan. Select all that apply. Determine age of retirement. Determine when to change

goals. Determine a retirement income plan. Determine activities based on wants. Determine when to keep a new schedule.
Business
2 answers:
Naily [24]3 years ago
7 0

Answer:

The correct answers are letters "A" and "C": Determine age of retirement; Determine a retirement income plan.

Explanation:

Retirement plans are the different plans in which people pool money while they are part of the workforce and that is distributed after they retire. <em>The official </em>age <em>for retirement in the U.S. is 66 years and two months as of 2020.  </em>

<em> </em>

The most common retirement plans are the <em>401(k), Roth IRA, Roth 401(k), Simple IRA, </em>and <em>SEP IRA</em>. Some of them increase based on direct cuts from employees' paychecks while others allow direct deposits from workers. Some retirement plans allow individuals to use the money being pooled for investment in different instruments such as <em>mutual funds, bonds </em>or <em>stocks</em>.

salantis [7]3 years ago
3 0

Answer:

  • Determine age of retirement
  • Determine a retirement income plan
  • Determine activities based on wants

Explanation:

A retirement plan is a plan mapped out by an individual in order to help him or her get/determine a retirement income goal and such plan is characterized by the ability of the Retiree to determine age of retirement, determine a retirement income plan, determine activities based on wants .

A retirement plan with these characteristics is most likely to survive and achieve the retirement income goals. the retirement age is very necessary to note by the retiree because this will help him or her start planning on time. determining a retirement income plan means managing assets and investments properly in order to achieve the retirement goals. and also determining activities based on wants helps the retiree to cut down on certain activities and save more towards retirement.

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Define the marginal cost and marginal benefit and describe the role they play in making a
olga2289 [7]

Answer:

See below

Explanation:

Marginal cost is the expense associated with the production of an extra unit. It is the cost incurred by a business should it produce one more unit.

Marginal benefit is the gain resulting from the sale of one more output. It is the revenue earned from the sale of an extra unit of output.

Marginal benefit is compared to marginal cost to determine if producing and selling an extra unit is profitable or not. If the marginal benefit is greater than marginal cost, selling an extra unit is profitable. In making economic decisions, production should continue as long as the marginal benefit is greater or equal to marginal cost. It must stop when marginal cost is more than marginal benefit.

6 0
3 years ago
Samson Company reported total manufacturing costs of $320000, manufacturing overhead totaling $52000, and direct materials total
Marina86 [1]

Answer:

Direct labor cost is like $184000

Explanation is not my nation

6 0
3 years ago
BE16.11 (LO 4) Tomba Corporation had 300,000 shares of common stock outstanding on January 1, 2020. On May 1, Tomba issued 30,00
Butoxors [25]

Answer

1) Issued for Cash

Weighted Average number of shares at year end 330,000

b) Issued for Dividends

weighted Average number is 320,000

Explanation:

The Weighted average number  (assuming year end is 31 December)

300000 * 12/12 = 300000 full year

30000 = 30000

issued for dividends

Weighted average number

300000 * 12/12 = 300000 full year

30000 * 8/12 = 20000

total at year end 320000 shares

8 0
3 years ago
Innovative entrepreneurs and their business firms that destroy existing business models are referred to as ________.A) crowdfund
Salsk061 [2.6K]

Answer: C) disruptors

Explanation:

Disruptors as the term implies, tend to disrupt the normal way of doing things by creating new and more efficient methods of production that will usurp the dominance of those are the top such that they eventually take over the industry.

In coming up with new ways of doing things, these disruptors are innovators and they are usually entrepreneurs who are not weighed down by the belief that the industry should work in a certain way and so they are more open to coming up with these new ideas that are so disruptive.

3 0
3 years ago
Because of marketing, we have more choices, better products, and lower prices.
Snezhnost [94]

Answer:

True

Explanation:

That  is true for any product but luxury products.

8 0
3 years ago
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