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vfiekz [6]
3 years ago
11

Axe company sponsors a 401(k) profit sharing plan with no employer match, but the company did make noncontributory employer cont

ributions because the plan was top-heavy. Jack quit today after six years working for Axe and has come to you to determine how much of his retirement balance he can take with him. The plan uses the least generous graduated vesting schedule available. What is Jack’s vested account balance if he has been a participant for 57 months
Business
1 answer:
il63 [147K]3 years ago
8 0

Answer:

$30,000

Explanation:

Given the following information:

Employer Contributions = $9,000

Employee Contributions = $12,000

Earnings = $4,000 + $5,000

Jack should be given 100% of his contributions and the earnings of those contributions due to the vesting schedule, which he is entitled to because he has only worked for 6 years.

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Critical outcomes of a company's marketing strategy include _____, as these are necessary for the company to sustain its busines
Ghella [55]

Critical outcomes of a company's marketing strategy include sales and profit as these are necessary for the company to sustain its business.

    Sales and marketing strategy are critical for sustaining the profits of company. It helps the company to reach, engage and convert target prospects into profitable customers. A sales and marketing strategy provides a cornerstone for alignment and alignment is a goal for every B2B organization.

    Without a strategy in marketing sales and activities it will be difficult to sustain sales and profits and all the tactics would be for nothing. Savvy companies realizes that a sales and marketing strategy is the next important one after overall business plan.

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3 0
1 year ago
Return on assets is equal to:________
Sunny_sXe [5.5K]

Return on assets is equal to<u> </u><u>a.</u><u> profit margin times asset turnover.</u>

An asset is a resource with a financial fee that a man or woman, enterprise, or country owns or controls with the expectancy that it will provide a destiny benefit. belongings are said on an employer's stability sheet. They're offered or created to increase a firm's fee or gain the firm's operations.

Despite all that in mind, an automobile is an asset due to the fact you may speedy advertise and convert it to coins, albeit for less than what you paid. That alone makes it an asset via definition. It is those added expenses and the steady decline in cost that make a car a depreciating asset.

Suitable properties are gadgets you could spend money on a good way to produce earnings for you like stocks, rental homes, actual property crowdfunding initiatives, and a web enterprise. these also can respect in cost overtime except producing money for you.

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6 0
2 years ago
an in-depth observation of a small sample or single individual is an example of which research method?
kvasek [131]

I don't know hush hjdjridhgdje

3 0
2 years ago
In terms of the evolution of the internet, Web 2.0: Group of answer choices created online communities that connect buyers and s
Sever21 [200]

Answer:

In terms of the evolution of the internet,Web 2 point zero created online communities that connect buyers and sellers in new ways

Explanation:

Web 2 point zero as the name suggests is the second phase of internet advancement in that it transforms the internet from static web page into dynamic content as well as with the growth of social media channels.

Besides,the social media channels serve as platform for prospective sellers and buyers to connect and by extension to perfect business deals, thereby breaking the barriers of physical presence and the need to be operate in the same time zone.

6 0
3 years ago
Luis runs a bakery that offers only takeaway service. His customers visit his residence and watch him prepare their order. They
Tju [1.3M]

Answer:

Providing personal customer service

Explanation:

Because his customers visit his home, watch him prepare their orders, bring their cake designs, and help him prepare their cakes, he knows his customers well. Therefore, he has an opportunity to provide <em>personal customer service</em> to his customers.

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3 years ago
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