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LiRa [457]
3 years ago
12

To whom should your family talk about enrolling in a 529 plan or a Coverdell Education Savings Account?

Business
2 answers:
strojnjashka [21]3 years ago
6 0
Financial planner will be able to go over the benefits and restrictions of a 529
maxonik [38]3 years ago
4 0

The correct answer is financial planner.

Financial planner will educate a person on the restrictions and benefits of both coverdell savings and 529 plan.

Financial planning will cover the investment planning, tax planning and cash flow management.

Financial planner will manage, create, and plan for capital accumulation which will generate cash flow and future capital for spending and investment.

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A company reported the following information for its most recent year of operation: purchases, $114,000; beginning inventory, $2
yuradex [85]

Answer:

ending finished inventory= $17,000

Explanation:

Giving the following information:

purchases, $114,000

beginning inventory, $27,000

cost of goods sold $124,000.

<u>To calculate the ending inventory, we need to use the following formula:</u>

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

124,000 = 27,000 + 114,000 - ending finished inventory

ending finished inventory= 141,000 - 124,000

ending finished inventory= $17,000

8 0
3 years ago
Suppose 30% of business majors major in accounting. You take a random sample of 3 business majors. Answer questions 39 and 40: W
creativ13 [48]

Answer:

The probability that at least one student majors in accounting=0.3×0.3×0.3=0.027

Explanation:

<em>Step 1: Determine the number of accounting majors in a business</em>

N=P×S

where;

N=number of accounting majors

P=probability of accounting majors

S=sample size

This can also be written as;

Number of accounting majors=probability of accounting majors×sample size

In our case;

Number of accounting majors=unknown, to be determined

Probability of accounting majors=30%=30/100=0.3

Sample size=3 business majors

Substituting;

Number of accounting majors=0.3×3=0.9

<em>Step 2: Determine the chance that at least one student majors in accounting</em>

The probability that at least one student majors in accounting=0.3×0.3×0.3=0.027

5 0
4 years ago
The first step in preparing a flexible budget is to ________. identify the fixed and variable cost components prepare the budget
madam [21]

Answer:

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7 0
3 years ago
Zahra is an employee at colorz inc. she loves gossiping about her colleagues during office hours, which causes her to receive a
Sphinxa [80]
<span>Zahra is an employee at colorz inc. she loves gossiping about her colleagues during office hours, which causes her to receive a reprimand by her supervisor, dan. a few days later, dan fires gunther, another subordinate, from work for a similar reason. the employees reporting to dan are most likely to conclude he demonstrates a lack of outcome fairness in dealing with employees who gossip at work.

</span><span>Outcome fairness is a judgment that the consequences given to employees are just.</span>
3 0
3 years ago
Percent of all profits and losses, this extra allocation indicates total goodwill of $150,000, which must be split among all par
ivann1987 [24]
This fact is true, but is this a question?
8 0
3 years ago
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