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iren [92.7K]
3 years ago
13

What is an incentive for a person to contribute to an IDA? It earns the highest interest rates available at a bank. It is good f

or the government. An organization matches the amount deposited. The interest on the account is not taxed.
Business
2 answers:
hjlf3 years ago
7 0

Answer:

The answer is: An organization matches the amount deposited.

Explanation:

Individual Development Accounts (IDAs) are used by low income savers for predefined purposes such as buying a house or starting a small business. The greatest advantage of IDAs is that another organization (e.g. foundations, government, corporations) agrees to deposit money in the account that match the amount deposited by the saver.

vagabundo [1.1K]3 years ago
5 0
The correct answer for the question that is being presented above is this one: "An organization matches the amount deposited." An incentive for a person in order to contribute to an IDA is that an organization matches the amount deposited.
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Which of the following steps of the strategy development process for exports involves performing market research and interpretin
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the correct answer is

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how much time does a bike with an acceleration of 2ms2 takes to increase its velocity from 10ms-2 to 30ms-2​
aniked [119]

Answer:

Time, t = 10 seconds.

Explanation:

<u>Given the following data;</u>

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Final velocity, v = 30 m/s

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To find the time, we would use the first equation of motion;

v = u + at

Where;

  • v is the final velocity.
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Making time, t the subject of formula, we have;

t = \frac{v - u}{a}

Substituting into the equation, we have;

t = \frac{30 - 10}{2}

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4 0
2 years ago
In 2018, the Barton and Barton Company changed its method of valuing inventory from the FIFO method to the average cost method.
babunello [35]

Answer: The journal entry is as follows:

Explanation:

Given that,

Barton and Barton company's inventories were $32.6 million at December 31st, 2017

But the records of B and B's company indicated that inventories would have totaled $24.1 million  December 31st, 2017

Therefore, the journal entry for the adjustment in the records of B and B's company in 2018 is as follows:

                                             <u>Debit</u>                  <u>Credit</u>

Retained Earnings A\c       $8.5 million

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Retained Earnings = $32.6 million - $24.1 million

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6 0
3 years ago
What kind of economy did the Soviet Union have after the russian revolution?
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After the Russian Revolution, the Soviet Union became a communist state. Communism is a type of government as well as an economic system (a way of creating and sharing wealth). In a Communist system, individual people do not own land, factories, or machinery. Instead, the government or the whole community owns these things. Everyone is supposed to share the wealth that they create.

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