1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Assume that Jack, Hal, and Sophia enter into a valid contract for the sale of the restaurant and for a covenant not to compete.
Iteru [2.4K]

Answer: Option (B)

Explanation:

Condition subsequent clause is referred to as an exit clause from the existing contract. This agreement in between the parties tends to include languages that loosens or frees one of individuals from the agreement or the deal. This tends to mostly occur when the conditional outcome or result takes place. The conditional subsequent relieves an individual or a party from all the obligations.

4 0
3 years ago
A company that has no money to spend on marketing would probably be best advised to try their luck, at least initially, with wha
marysya [2.9K]
C. sales promotion would be the answer
6 0
3 years ago
Scientific management approach has lost its relevance. How might today's
Setler [38]

Answer:

syntific mamagement loss it relevance its relevs today it will might today it will not lost revalance

6 0
2 years ago
The selling concept is typically practiced with ________.A) industrial productsB) unsought goodsC) specialty productsD) convenie
zvonat [6]

Answer:

B) unsought goods

Explanation:

The selling concept -

The concept of selling tells that the consumers will not buy enough any  product of any firm unless and until  it undergoes some  large - scale selling and promotional efforts .

This concept is used for unsought goods , the goods  those which the buyers do not normally think of buying , example insurance .

7 0
2 years ago
Which two men are largely credited with establishing the steel and oil industries in the united states? j.p. morgan and corneliu
mihalych1998 [28]

Answer : Andrew Carnegie and John Rockefeller.

Andrew Carnegie owned and operated the largest iron and steel company in the United States.

John.D. Rockefeller is credited with establishing the oil industry in the United States. His astuteness, efficiency and clear vision helped him to steer through the glut in oil drilling in the early 1860s and establish the oil industry.

6 0
3 years ago
Other questions:
  • Victoria is creating a brochure for her photography studio. She designed the layout and placed a photo in the center of the page
    8·1 answer
  • What are the main government restrictions on sole proprietorships?
    15·2 answers
  • The overall design of organization structure indicates all of the following except: Group of answer choices
    9·1 answer
  • As referred to in the NSMIA, the term "covered security" would apply to
    7·1 answer
  • When the average product of labor is decreasing​, the average product of labor is ▼ the marginal product of​ labor, and when the
    7·1 answer
  • Deleon Inc. is preparing its annual budgets for the year ending December 31,2020. Accounting assistants furnish the data shown b
    7·1 answer
  • A Ground Fault Circuit Interrupter (GFCI) is designed to do which of the following?
    8·1 answer
  • Classify each statement about the Federal Reserve System as either true or false.
    15·1 answer
  • Jacob works as a researcher for a car showroom. He's going to collect data about consumers' changing preferences, Interests, and
    7·2 answers
  • The weekly demand for an item in a retail store follows a uniform distribution over the range 70 to 83. What would be the weekly
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!