Answer:
Barry cannot contribute any amount to Roth IRA
Explanation:
For a single/ unmarried individual to be able to contribute to Roth IRA plan, his Adjustable Gross Income (AGI) should range between $117,000 and $132,000. Since Barry's annual income is $190,000, which is higher than the maximum AGI required for a single to be able to contribute to Roth IRA, he cannot contribute to Roth IRA.
Strategic thinking contributes to rational thinking because when you strategically think about different things you are strategizing components and it comes clear of what it is and then it becomes just common sense.
Answer: A. All of these
Explanation: Change Control is the process companies uses to document, identify and authorize changes to an environment or process. It assists in reducing the chances of unauthorized modifications, disruptions and errors in the system/process and therefore follows a specific pattern towards its implementation. This would include: Change request identification, assessment, analysis, approval or rejection, and finally implementation. All these from start to finish is usually documented in the change request log.
Answer: Profit is $50,000 less.
Explanation:
The target cost as a result of the Competition is;
Summit requires 25% profit from the sales price of $80
= 80 * 25%
= $20
Target cost is;
= 80 - 20
= $60
If there was no competition, the target cost would be $65 and the sales price would be $90. They would also sell 50,000 units.
With competition, the target cost is $60, price is $80 and sales will be 60,000 units.
At a price of $90 and target cost of $65, profit = 90 - 65 = $25
At a price of $80 and target cost of $60, profit = 80 - 60 = $20
The difference = (20 * 60,000) - (25 * 50,000)
= -$50,000
Profit is $50,000 less.
Answer:
$8 million
Explanation:
There are total 4 sources involved.
But the government grants are reduced from the cost of the the project. It is not recorded as other financing sources.
Also the earnings from bond proceeds shall not be considered for the other financing sources, as that is mere use of income.
Use of general fund in these capital projects will account for such other financing sources.
Cash received from issue of bonds for this project will also account for such capital fund.
Thus, total other financing sources = $1 million + $7 million = $8 million
