1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
GREYUIT [131]
2 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]2 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]2 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.

You might be interested in
A first-round draft choice quarterback has been signed to a three-year, $10 million contract. The details provide for an immedia
inessss [21]

Answer:

$8.31 million and No.

Explanation:

In this question, we have to find out the present value which is shown below:

= $1 + first year value ÷ ( 1 + discount rate) + second year value ÷ ( 1 + discount rate) ^ number of years + third year value ÷ ( 1 + discount rate) ^ number of years

= $1 + $2 million ÷ (1 + 10%) + ($3 million ÷ 1.10)^2  + ($4 million ÷ 1.10)^3

= $1 million + $1.82 million + $2.48 million + $3.01 million

= $8.31 million

No the package would not worth $10 million as its present value is $8.31 million

7 0
3 years ago
Dove, Inc., had additions to retained earnings for the year just ended of $643,000. The firm paid out $40,000 in cash dividends,
Zinaida [17]

Answer:

Earnings for the year = Addition to retained earnings + Dividend paid = $643,000 + $40,000 = $683,000

a. Earnings per share = Earnings / No of shares = $683,000 / 750,000 = 0.91

Dividend per share = Dividend / No of shares = $40,000 / 750,000 = 0.05

Book value per share = Ending equity / No of shares = $7,380,000 / 750,000 = $9.84

b. Market price per share is 30.8. Market to book ratio = $30.80 / $9,84 = $3.13

c. Price earning ratio = $30.80/$0.91 = $33.82

Total sales = $10,680,000, Sales per share = 14.24

Price sales ratio = Market price / Sales = $30.80 / $14.24 = $2.16

3 0
3 years ago
One aspect of financial planning is to make sure you maintain adequate insurance coverage for your needs. Which aspect of financ
LekaFEV [45]
It is <span>C. Managing Risk 
</span>
8 0
3 years ago
Read 2 more answers
In January, 2021, Summit Department Store sells a gift card for $50 and receives cash. In February, 2021, the customer comes bac
PtichkaEL [24]

Answer:

Feb. 2021

  Dr Gift Card Liability         $20

     Cr Gift Card Revenue    $20

(to record revenue arisen from oustanding Gift Card Liability)

Explanation:

Under GAAP, the accounting for Gift Card is quite simple. When the gift card are sold, Gift Card Issuer receives Cash (Debit Cash) and assume the Liability (Cr Liability) to anyone owning the gift card for later providing of goods/services priced at the Cash amount that had been received.

It is not until Gift Card is redeemed that Gift Card Issuer is allowed to record revenue (Credit Revenue) as it is an actual point of time when the provide of goods/services takes place. Also at the same time, once the goods/services are provided, they Liability assumed earlier in time through Gift Card issuance will be discharged to the extent of the price of goods/services provided.

7 0
2 years ago
Lila and Jillian both own small businesses in the town where they live. The women are friends and often get together to discuss
dsp73

The differences between Lila and Jillian's businesses are based on what they offer to the public, since one offers products and the other offers services, which makes their businesses different.

<h3>What is a product-based business?</h3>

A product-based business is a type of business in which the main purpose is to offer a specific product to the public, for example:

  • Beauty products.
  • Sport products.
  • School products.
  • Construction products.

<h3>What is a service-based business?</h3>

A service-based business is a type of business in which the main purpose is to offer a specific service to the public, for example:

  • Satellite television service.
  • Legal advice service.
  • Sports training service.
  • Nutrition service.

Based on the above, it can be inferred that the discussions between Lila and Jillian can include very varied topics because their businesses are different because they involve different value chains.

Learn more about business in: brainly.com/question/15826604

#SPJ1

3 0
1 year ago
Other questions:
  • In the short run, a decrease in the money supply causes output to? A. Increase B. Decrease C. Not change D. Increase or not chan
    6·1 answer
  • Assume you are participating in your employer's direct deposit program. On payday, the employer deposits your ________ into you
    11·2 answers
  • An exclusive control like in a business A. Bureaucracy B. Balance and Trade C. Monopoly D. Checks and Balances
    8·2 answers
  • Your firm needs a machine which costs $240,000, and requires $39,000 in maintenance for each year of its 7 year life. After 3 ye
    11·1 answer
  • _____ signs tell you how to drive safely in work zones.
    12·1 answer
  • A person running for political office is called a ____.
    6·2 answers
  • United Plastics Group of Houston, Texas, decided to invest in a foreign country by setting up two independent injection-molding
    11·1 answer
  • Growth Enterprises believes its latest project, which will cost $95,000 to install, will generate a perpetual growing stream of
    6·1 answer
  • Outline one advantage and one disadvantage of investing in training....
    11·1 answer
  • Bạn phải gửi 1 số tiền vào NH là bao nhiêu nếu sau 7 năm nữa bạn sẽ nhận được 50000$ (cho biết lãi suất NH là 10%/1năm).
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!