Answer: Roth IRA
Explanation:
A Roth IRA allows a person to contribute income that is already taxed to their retirement account. As the income is already taxed, when it is distributed in retirement, it would be tax free.
People tend to choose this if they feel like taxes would increase in future as opposed to the present and so would like to take advantage and save on taxes.
There are however, restrictions on the amount that can be contributed however and people who earn more than a certain amount per year do not qualify for this retirement plan.
Answer:
Reject,
Explanation:
When calculating the IRR, I got 16.6%, which is less than the wacc. This means that the rate of return is lower than what it costs 18% wacc.
I think the answer should be reject, less.
Let us first define Delphi Technique, it a method of forecasting and a decision was made after the collaboration of ideas between the group. One common problem in a business is the "improper or not enough monitoring of cash flow".
We can apply Delphi Technique on this issue in which members will discuss and come up a common idea to resolve this, it is brainstorming activity. One possible solution is the business may need a certified accountant.
Answer:
gain from the debt restructuring = $160,000
Explanation:
given data
principal = $600,000
rate = 10%
settlement = $500,000
to find out
gain from the debt restructuring in income statement
solution
we get here owed a total that is
owed a total = Principal + Unpaid interest ...............1
put here value
owed a total = $600,000 + $60,000
owed a total = $660,000
and
gain from the debt restructuring is here as
gain from the debt restructuring = owed a total - settled .......2
gain from the debt restructuring = $660,000 - $500,000
gain from the debt restructuring = $160,000
