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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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Doing the right task is known in management as what
Tems11 [23]

Answer:

Doing the right task is known in management as performance.

Explanation:

Management ensures that the right tasks are performed by coordinating the various activities that help it to achieve goals.  It also plans the right tasks to be carried out in order to achieve set goals and objectives.  In doing all these, it also considers the cost and benefit to be incurred and derived respectively from executing its responsibilities.  Management is always interested in minimizing costs while maximizing benefits.  Management is also concerned with efficiency, by which it minimizes the wastage of resources (such as time, money, and efforts) and ensures optimum utilization of all its resources.

3 0
3 years ago
Describe a real or made up but realistic example of an emotional consumer motive that you or someone you know has experienced. W
Lynna [10]
There are a lot of reasons in buying a certain a product and sometimes we buy things which are not really necessary. One great example for emotional consumer motive in when we buy food because we need them to survive in this world. 
5 0
3 years ago
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Which one of these statements is correct? Long-term debt is the residual difference between assets and liabilities. Net income t
sergey [27]

Answer:

Long term debt requires a payout of cash within a stated time period.

Explanation:

When entering into a long term debt, there are terms and conditions like interest to be charged and payment terms so obviously there is an expected cash payout to repay the debt at a stated time period.

3 0
3 years ago
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Which of the following is true when an economy produces at full employment, but consumers, government, businesses, and the forei
Art [367]

Answer:

When an economy produces at full employment, but consumers, government, there is a recessionary gap - Option B.

Explanation:

According to the Keynesian perspective, firms produce output only if they expect it to sell.

While the availability of the factors of production determines a nation’s potential gross domestic product (GDP), the amount of goods and services actually being sold, known as real GDP depends on how much demand exists across the economy.

Keynes termed a fall in the aggregate demand as a recessionary gap.

A recessionary gap refers to an economy operating at a level below its full-employment equilibrium. Under this condition, the level of real gross domestic product (GDP) is lower than the level of full employment, which puts downward pressure on prices in the long run.

Thus, when an economy produces at full employment, but consumers, government, there is a recessionary gap - Option B.

6 0
4 years ago
Predeparture language and cultural training can:a. significantly increase the cost of an international assignment. b. increase t
ryzh [129]

Answer:C. reduce uncertainty about how to act in a foreign country.

Explanation: Predeparture language and culturaln training are some of the basic essential trainings conducted for expertraites who are going on overseas assignment.

THE PURPOSE OF THIS TRAININGS IS TO REDUCE THE UNCERTAINTY ABOUT HOW TO ACT IN A FOREIGN COUNTRY.

Predeparture language training is a set of training focused on the General languages Accepted in a given country where an expertraite is to be posted.

Cultural trainings are trainings that are directed at the local customs and traditions of the foreign country where an an expertraite is to be posted.

7 0
4 years ago
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