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4 years ago

"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]4 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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You have just ordered a large pizza to split with some friends. Which of the following statements about the pizza show(s) a conc

mamaluj [8]

Answer:

Explanation:

8 0

4 years ago

Consider the CAPM. The risk-free rate is 7%, and the expected return on the market is 13%. What is the expected return on a stoc

Ber [7]

Answer:

r = 0.16 or 16%

Explanation:

Using the CAPM, we can calculate the required rate of return on a stock. This is the minimum return required by the investors to invest in a stock based on its systematic risk, the market's risk premium and the risk free rate.

The formula for required rate of return under CAPM is,

r = rRF + Beta * (rM - rRF)

Where,

rRF is the risk free rate

rM is the return on market

r = 0.07 + 1.5 * (0.13 - 0.07)

r = 0.16 or 16%

5 0

3 years ago

When price exceeds average variable cost in the short run, a competitive firm's marginal cost curve is regarded as its supply cu

frutty [35]

Answer:D. the marginal cost curve determines the quantity of output the firm is willing to supply at any price.

Explanation: The marginal cost is the change in total cost of producing a set of product as a result of adding one more unit to the production.

For example, if a firm has to buy one more production equipment in order to increase the number of product is the cost associated with that additional equipment is a MARGINAL COST.

THE MARGINAL COST CURVE DESCRIBES THE RELATIONSHIP BETWEEN THE MARGINAL COST OF A FIRM IN THE SHORT-TERM PRODUCTION OF A GOOD OR SERVICE AND THE QUANTITY OF FINISHED GOODS PRODUCED BY A FIRM.

6 0

3 years ago

Which of the following interactions with vendors would potentially lead to inventory reductions?

VMariaS [17]

Answer: a. reduced lead times

Explanation:

Lead time in a process refers to the amount of time it takes from the process's initiation to its conclusion. In general in Business, the shorter the lead time of a process, the better for the business as it usually leads to higher productivity, output and revenue levels.

Same goes for the reduction of lead times in transaction with vendors. With a shorter lead time, the process of making goods available for sale would be less and thus the goods can be sold in the market quicker therefore reducing inventory levels.

6 0

4 years ago

The Welding Department of Healthy Company has the following production and manufacturing cost data for February 2020. All materi

larisa [96]

Answer:

Welding Department

Production cost report for the month of February

Inputs :

Beginning Work In Process :

Materials $18,100

Conversion costs $14,460

Added During the year :

Materials $218,685

Labor $67,100

Overhead $58,531

Total $376,876

Outputs :

Completed and Transferred Out $328,000

Units still in Process $48,076

Total $376,876

Explanation:

Calculation of Equivalent Units of Production with Respect to Materials and Conversion Costs.

1. Materials

Ending Work In Process (11,900 × 100%) 11,900

Units Completed and Transferred Out (54,800 × 100%) 54,800

Equivalent Units of Production with Respect to Materials 66,700

2. Conversion Costs

Ending Work In Process (11,900 × 1/5) 2,380

Units Completed and Transferred Out (54,800 × 100%) 54,800

Equivalent Units of Production with Respect to Materials 57,180

Calculation of Cost per Equivalent Unit of Production with Respect to Materials and Conversion Costs.

Cost per Equivalent Unit = Total Cost ÷ Total Equivalent Units

1. Materials

Cost per Equivalent Unit = ($18,100 + $218,685) ÷ 66,700

= $3.55

2. Conversion Cost

Cost per Equivalent Unit = ($14,460 + $67,100 + $58,531) ÷ 57,180

= $2.45

3. Total Cost

Total Cost = Materials + Conversion Cost

= $3.55 + $2.45

= $6.00

Calculation of Total Cost of Units Completed and Transferred Out and Total Cost of Units still in Process.

Completed and Transferred Out = Units Completed and Transferred Out × Total Cost

= 54,800 × $6.00

= $328,000

Units still in Process = Material Cost + Conversion Cost

= $3.55 × 11,900 + $2.45 × 2,380

= $48,076

7 0

3 years ago