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konstantin123 [22]
3 years ago
14

A Roth IRA and a Tax Deferred investment plan are just two of many ways you can invest into for your retirement. If you wanted t

o contribute amounts greater than $5,000 a year, which of the two investment plans would you consider and why?
Business
2 answers:
UNO [17]3 years ago
8 0

If an amount greater than $5,000 is made on an annual bases, then the Tax Deferred Annuity will be the best investment plan. A Roth IRA will only allow a maximum of $5,000 to be deposited annually, where as the Tax Deferred Annuity has no contribution limit.

Firdavs [7]3 years ago
7 0
<span>If I want to contribute amounts greater than $5,000 on an annual bases, I would consider the Tax Deferred Investment Plan; the Tax Deferred Annuity most suitable in this situation because a Roth IRA has a contribution limit of $5,000 annually, whereas the Tax Deferred Investment Plan has no contribution limit.</span>
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Jolly Giant Burgers purchased a commercial dishwasher by paying cash of $8,000. The dishwasher's fair value on the date of the p
gulaghasi [49]

Answer:

$9,100

Explanation:

Calculation for what amount will Bahama record the dishwasher

Using this formula

Amount to record

dishwasher=Cash+Transportation costs+Installation fees

Let plug in the formula

Amount to record dishwasher=$8,000 + $600 + $500

Amount to record dishwasher = $9,100

Therefore the Amount to record dishwasher will be $9,100

5 0
3 years ago
Kocher Steel typically achieves one of three production levels in any given year: 8 million pounds of steel, 10 million pounds o
AveGali [126]

Answer:

Fixed cost

Explanation:

Variable costs are costs that change with change in the quantity of the goods or services produced by the business. For example the cost of raw materials.

Fixed costs are costs that do not change with change in the quantity of the goods or services produced by the business. For example interest payments.

In the given question, payment of $10 per pound has to be made no matter what the production level for the year, so this is an example of <u>fixed cost</u>

5 0
3 years ago
How are technology and technical profession related ? use example to write answer<br>​
dlinn [17]

Answer:

Technician and technologist are two different terms. However, these two terms are interrelated. ... A technician has a good knowledge of the general principles of the field he is in, whereas, a technologist is a person who is completely aware of various technologies. A technician works under a technologist.

8 0
2 years ago
Read 2 more answers
A disadvantage of the corporate form of business entity is
lapo4ka [179]

Answer:

A disadvantage of the corporate form of business entity is corporations are subject to more governmental regulations.

3 0
3 years ago
Eagle Ridge, inc. issued 40 shares of $20 par value stock to its accountant in full payment for her $900 fee for assisting in se
Harlamova29_29 [7]

The journal entry for the issuance of the stock for issue of 40 shares at a par value of $20, will affect a credit to Common Stock for $800.

<h3>What is a journal entry?</h3>

The process of maintenance of systematic and chronological records of financial transactions during a given financial period is known as a journal entry.

Hence, option C holds true regarding the journal entry.

Learn more about journal entry here:

brainly.com/question/20421012

#SPJ1

6 0
2 years ago
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