A savings account is where you stash funds that you aren't ready to use yet, often with the goal of accumulating more.
<h3>
The account after 10 weeks</h3>
Given Information:
- Deposit=$165.85
- Extra deposit=$20.50
Amount of money after x weeks= 165.85 + 20.5x
After 10 weeks, x = 10 (substitute into equation)
Amount of money after 10 weeks
= 165.85 + 20.5(10)
= 165.85 + 205
= $370.85
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All of the following are advantages of this type of retirement plan EXCEPT C) The 10 percent penalty tax does not apply to distributions prior to age 59.5.
<h3>Which of the following is a major benefit of an employer-sponsored retirement plan?</h3>
The plans lower your taxable income, which means that you will pay less in taxes for the year. They also grow deferred, which means that any profits growth is tax-free until it is withdrawn, and you can receive "free money" through employer matching contributions.
A profit sharing or stock bonus plan is a type of defined contribution plan where the employer or the plan specifies how much money will be donated each year (out of profits or otherwise).
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Answer:
If we made the switch, our OH rate would be closest to: $30.40 per MH
Explanation:
Overhead Rate is used to allocate manufacturing overheads (indirect costs) to jobs and departments.
In our senario Overhead rate are used to allocate fixed manufacturing overheads to production of lenses for satellite cameras.
Overhead Rate = Budgeted Overheads / Budgeted Activity
= $760,000/ 25,000
= $30.40 per practical equipment machine hour
Answer:
Socially responsible
Explanation:
A socially responsible company is one that seeks to identify as well as relieve the social needs in its business environment.
A major social problem or need around the world is the lack of clean drinking water and birthing services. Thus, by proffering solutions to this problem loyal customer of TOMS shoe company could notice that the company takes seriously its responsibility to the society.
B the amount of loss you pay
