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
barxatty [35]
3 years ago
8

Maxine, age 35, earns $200,000 annually from ABC Incorporated. ABC sponsors a SIMPLE, and matches all employee deferrals 100% up

to a 3% contribution. What is the maximum employee deferral contribution to Maxine’s SIMPLE account for this year?

Business
1 answer:
Darya [45]3 years ago
4 0

Answer:

$12,500.

Explanation:

Please see attachment.

You might be interested in
A residential lease prohibits tenants from altering the property in any way without the landlord's written permission. A tenant
Nadya [2.5K]

Answer:

The answer is letter D.

Explanation:

The tenant is entitled to make and pay for reasonable necessary alterations.

Because a landlord must permit the tenant to make modifications for disabilities, the tenant pays for the modifications. When the contract expire, the tenant will have to restore the residential unit to the way it was before the modifications.

 

8 0
4 years ago
Jim Sullivan is the owner and manager of Auto Spa. Auto Spa provides various car wash and car detailing services. Auto Spa also
Tems11 [23]

Answer:

Cash Sales : we add up all the cash sales for the week to get total cash sales, cash sales will be from cash receipts journal and or cash register tapes.

Cash shortages will be the difference between cash sales and cash counts or cash on hand.

Journal Entry

Debit Cash ( as per the cash count), Debit Cash shortage(difference and is an expense) Credit cash Sales (as per register)

Explanation:

The Question is incomplete but when dealing with cash there must be internal controls put in place to monitor or reduce any potential risks, risks like cash shortages. Jim must everyday count the cash with the cashier that was at the cash register. Daily the cash register tape must be compared to the deposits that is a control to avoid cash shortages and each employee must have separate register tapes or there must be identification and or a way to know which clerk made what transactions.

7 0
3 years ago
Read 2 more answers
What did the CAN-SPAM Act of 2003 do?
Rufina [12.5K]

The Can Spam Act of 2003 is a widely used name for the United States Federal law known as S. 877 or the "Controlling the Assault of Non-Solicited p**n**graphy and Marketing Act of 2003." The Can Spam Act allows courts to set damages of up to $2 million when spammers break the law.




Hope this answers your question :D  



BTW this is my first answer


3 0
3 years ago
The next dividend payment by Savitz, Inc., will be $2.08 per share. The dividends are anticipated to maintain a growth rate of 6
zavuch27 [327]

Answer:

Required return for Savitz: 10.95%

Explanation:

<u>Considering the gordon model we have to solve for the cost of capital (Ke)</u>

\frac{divends}{return-growth} = Intrinsic \: Value

\frac{divends}{Price} = return-growth

\frac{divends}{Price} + growth = return

$Cost of Equity =\frac{D_1}{P)} +g

D1 2.08

P 42

g 0.06

$Cost of Equity =\frac{2.08}{42} +0.06

Ke 0.10952381

8 0
3 years ago
Read 2 more answers
When fast food restaurant, tommy's tacos, had poor sales in central city, marketing managers closed one outlet on the east side
maw [93]

These are operational decision specific to market placement. Even though one location was doing poorly, Tommy's hopes to increase sales by opening more locations in a more profitable part of town.

7 0
4 years ago
Other questions:
  • 2. Which of the following headlines is more closely related to what microeconomists study than to what macroeconomists study?
    15·1 answer
  • If sales volume increases and all other factors remain constant, then the:______.
    10·1 answer
  • describe how adding a risk-free security to modern portfolio theory allows investors to do better than the efficient frontier. A
    6·1 answer
  • Widgeon Co. manufactures three products: Bales, Tales, and Wales. The selling prices are $55, $78, and $32, respectively. The va
    6·1 answer
  • The management of Cooper Corporation is considering the purchase of a new machine costing $420,000. The company's desired rate o
    11·1 answer
  • Rintharamy Corporation's management reports that its average delivery cycle time is 25.2 days, its average throughput time is 7.
    14·1 answer
  • Mindy's credit card has an APR of 15%, calculated on the previous monthly balance, and Mindy makes a payment of $50 every month.
    10·2 answers
  • Suppose the working age population of a fictional economy, Jessica Town, falls into the following categories: 100 are retired ho
    8·1 answer
  • What kind of bonds are issued by businesses as a source of long-term funding?
    15·1 answer
  • Randy has established a successful fast-food restaurant chain named randy’s in the united states. He currently has 12 locations
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!