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maks197457 [2]
2 years ago
10

Tommy is 58-year-old and has operated his Roth IRA account for 7 years. He intends to retire at 60. Exactly six months ago, he w

ithdrew 23 of his Roth IRA balance and invested in the stocks of a company that just filed for bankruptcy. He wants a steady income when he is retired. What retirement plan is best for Tommy?
another Roth IRA
an annuity
a traditional IRA
mutual funds
Business
1 answer:
SpyIntel [72]2 years ago
7 0

I did not understand very well but later I will give you the answer

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Accounts Receivable from sales to customers amounted to $80,000 and $70,000 at the beginning and end the year, respectively. Inc
Kipish [7]

Answer:

$332,000

Explanation:

<u>Cash flow from operating activities</u>

Net Income                                                                                  $252,000

Adjust for changes in working capital items :

Decrease in Accounts Receivable ($80,000 - $70,000            $80,000

Net Cash Provided by Operating Activities                              $332,000

Conclusion

the cash flows from operating activities to be reported on the statement of cash flows is $332,000

5 0
3 years ago
Semitool Corp. has an expected excess return of 6% for next year. However, for every unexpected 1% change in the market, Semitoo
xxTIMURxx [149]

Answer:

8.8%

Explanation:

Given:

Excess return = 6% = 0.06

Return respond factor = 1.2

Expected higher percent = 1.5% = 0.015

Increase growth (stock price) = 1% = 0.01

Actual excess return = ?

Computation of actual excess return:

Actual excess return = Excess return + Increase growth (stock price) + [Expected higher percent × Return respond factor]

= 0.06 + 0.01 + [0.015 × 1.2]

= 0.07 + [0.018]

= 0.088

= 8.8%

6 0
2 years ago
How can a business meet customer needs​
san4es73 [151]
Bring in new products or services, introduce deals and sales, help local charities
7 0
2 years ago
Greg purchased stock in Bear Stearns and Co. at a price of $88 per share one year ago. The
VashaNatasha [74]

Answer:

A) -87.50%

Explanation:

The computation of the return on the investment is shown below:

= (Acquired price by JB Morgon - purchase price per share) ÷ (purchase price per share)

= ($11 per share - $88 per share) ÷ (88 per share)

= - ($77 per share) ÷ (88 per share)

= -87.50%

We simply take the difference of the price and then divide it with the purchase price per share so that the correct percentage can come.

7 0
3 years ago
Hospital outpatient __________ codes are submitted for reimbursement purposes.
marshall27 [118]
Hospital outpatient "HCPSC level II/CPT and ICD-10-CM" codes are submitted for reimbursement purposes.
HCPSC stands for Health Care Common Procedure Coding System. It is an alphabetic standard coding system to indicate whether a medical procedure or service should be reimbursed under Hospital Outpatient Prospective Payment System (OPPS) or not.
5 0
3 years ago
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