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ehidna [41]
3 years ago
8

"A self-employed individual makes $200,000 per year. To which type of retirement plan can the maximum contribution be made?"

Business
1 answer:
gogolik [260]3 years ago
8 0

Answer:

SEP IRA

Explanation:

The biggest contribution to a retirement account can be made with a SEP IRA. This Simplified Employee Pension is an IRA account set up by small business in which the the contributions are made by the employer (which in this case is the client as well) and the contribution amounts made by the employer cannot exceed 25% of the employee's income, up to a maximum of $55,000 in 2018. Which in this case would be a total of $50,000 that the individual in this scenario can contribute per year.

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Types of bonds
aliina [53]

Answer: 1. A . Treasury bonds are not completely riskless, since their prices will decline when interest rates rise.

2. A. The New York City government

3. B. Municipal bonds

4. A. An investor from Kansas that invests in a municipal bond issued by the State of Kansas will pay neither state nor federal taxes on the bond’s coupon payments

5. B. Treasury bonds

Explanation:

1. Treasury Bonds are known as the safest bonds in the world and so are generally considered risk-less. However this is not so as they still fall victim to Interest rate risk which is the risk that their prices will decline when interest rates rise because bond prices are inversely related to price.

2. The City of New York issued to bonds in question so it is a New York City Government bond.

3. Municipal Bonds are issued by a state, county or a municipality so the above is a Municipal bond as it was issued by the City of New York.

4. Municipal Bonds attract no Federal taxes and when buying a Municipal bond as a resident of the Municipality you are in, you will.not get charged the Municipal taxes either on the bond coupon payments.

5. Default risk is the risk that the issuer will not pay back. US Treasury Bonds are known as the safest in the world and have not been defaulted on in over a century. They therefore have the lowest default risk.

6 0
3 years ago
Derk owns 250 shares of stock in Rose Corporation. The remaining 750 shares of Rose are owned as follows: 150 by Derk’s daughter
Mama L [17]

Answer:

720 shares

Explanation:

Given that,

Derk owns = 250 shares of stock in Rose Corporation

750 shares of Rose are owned as follows:

Derk’s daughter owns = 150

Derk’s aunt = 200

Shares in the partnership holding:

= 400 shares × Interest

= 400 shares × 80%

= 320 shares

Therefore,

Number of shares Derk owns in Rose Corporation:

= Own shares + Daughter's shares + Shares in the partnership holding

= 250 + 150 + 320

= 720

5 0
4 years ago
Which of the following is a result of unemployment that is very low? a. The few people who are unemployed stop looking for jobs.
hammer [34]

Answer:

Option "C"  is correct.

Explanation:

Option "c" is correct because companies are facing difficulties in the recruitment of workers which exhibits that few workers are available in the market. That means the company does not have enough options regarding the workers so it finds difficulty in the recruitment. Moreover, the availability of few workers means unemployment is very low.

6 0
3 years ago
On what grounds does smith extol the division of labor? can you think of any drawbacks that might result from such a form of lab
aleksandrvk [35]
<span>The quote captures Smith's description of the complexity and scope of the division of labor, and its ability to increase the standard of living in a given society. Smith believes that the propensity to truck, barter and exchange is part of human nature, and it is precisely this capacity that best organizes the economic system in large scale societies. The cooperation of the many thousands, inspired by each person's self interest, is what allows for the economic system to flourish, spreading opulence and raising the overall quality of life. Since observations on the progress inspired by the division of labor begin the book, Smith uses the contemplation of simple items (pins, for instance) as a starting point for his theorizing on the organization of economics in general.</span>
5 0
3 years ago
In a capitalist system, what are the goods and tools that are used to make products?
Eddi Din [679]
The means of production
8 0
3 years ago
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