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OLEGan [10]
3 years ago
12

A divorced woman with 2 young children has just re-entered the workforce part time and earns $3,000 from this work. She collects

another $2,400 per year in alimony payments. The woman wishes to make a contribution to an Individual Retirement Account this year. Which statement is TRUE?
Business
1 answer:
vovangra [49]3 years ago
8 0

Answer:

A contribution can be made based only on the income earned from part-time work

Explanation:

Contributions like IRA contributions can only be done on income that the divorced woman earns. The income from her work is $3000. The 2,400 alimony she collects as child support payments is not money from her earned income. So she cannot use this in addition for the purpose of making such a contributions. Therefore, a even with an earned income from work and alimony payments, she can only make the contribution out of the income earned from work.

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How often are people likely to communicate interpersonally ​
Y_Kistochka [10]

Answer:

rarely these day's maybe family that's bout it.

Explanation:

Interpersonal communication is the process by which people exchange information, feelings, and meaning through verbal and non-verbal messages: it is face-to-face communication.

6 0
2 years ago
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Sole proprietorships are often owned by __________.
azamat
Sole proprietorships are often owned by financial institutuins
3 0
2 years ago
Mountain Products has decided to raise $6 million via a rights offering. The company will issue one right for each share of stoc
Scorpion4ik [409]

Answer:

 Value of  one right   = $2.63

Explanation:

<em>A right issue is the issue of additional new shares to existing shareholders in proportion to their existing shareholdings at a price less than the current market price.</em>

<em>The value of rights is the difference between the theoretical ex-right price and the right price . </em>

Value of rights= Theoretical ex-right price - Right price

<em>The theoretical ex-right price is the price at which a share is expected to settle after the right issue assuming all the rights are taken</em>

Theoretical ex-rights price = Total value of shares after right issue/Number of shares after right issues

<em />

1 unit  of old share       at   $25.25 =  $25.25

I unit of right share   at       $20.00= <u>$20.00</u>

Total value of 2 shares                     <u>$ 45.25</u>

Theoretical ex-rights price  = 45.25/2 =$22.63

Theoretical ex-rights price=$22.63

Value of rights= Theoretical ex-right price - Right price

                       =  22.63 - 20.00

 Value of  one right   = $2.63

6 0
3 years ago
At the end of a long day, Sabrina, a cashier for a supermarket is counting the paper money. One of the bills falls from the cash
Slav-nsk [51]

Answer:

It is an act of theft and conversion of property that is not her own. However it is not intentional

She should not be convicted

Explanation:

Embezzlement is defined as the intentional managemnet of.funda that are put in the care of a person. This is done in order to have a personal gain from the management.

It is when an individual engages in theft of entrusted funds.

In the given scenario although the cash fell into her bag, she did not intentionally take the money for personal gain.

As this is the main concept of embezzlement, she can't be held guilty of embezzlement

4 0
2 years ago
Economists generally agree that increases in the minimum wage increase employment.a. TRUEb. FALSE
andreyandreev [35.5K]

Answer:

b. FALSE

Explanation:

Economists do not have a unanimous consensus that an increase in the minimum wage will cause greater employment opportunities. In fact, the opposite is the case because research shows that when the minimum wage is increased, there is less demand for low-skill workers. Given that these firms would be paying more, they would want to only employ those that have a high-skill set and thus save their organization of some funds. Since businesses are not charity organizations, they must make decisions that will benefit them.

5 0
3 years ago
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