1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
NemiM [27]
3 years ago
13

Which of the following statements is true regarding 401(k) accounts? A. Employers are not allowed to match employee contribution

s. B. Benefits are capped at $401,000. C. Workers can take a distribution from a 401(k) at any time with no penalty. D. Workers can save for retirement and defer income taxes on the savings.
Business
2 answers:
Eva8 [605]3 years ago
8 0
I think it's <span>D. Workers can save for retirement and defer income taxes on the savings</span>
exis [7]3 years ago
6 0

Answer:

Workers can save for retirement and defer income taxes on the savings ( D )

Explanation:

401(k) accounts are a kind of retirement account sponsored by employers of labor, for qualified employees of their various companies. this enables employees to save for retirement and also invest without paying income taxes on these savings because deductions to be saved in these accounts  are made before taxes by the employer. early withdrawals by an employee before age 59 from the account by the  attracts a fine of up 10% and taxes are paid on withdrawals from the account.

statement A statement B and statement C are all false because all these aren't characteristics of a 401(k) account

You might be interested in
Colfax Corporation's financial statements for the current year include the following: Income from continuing operations before t
crimeas [40]

Answer:

$1,439,600 $780,400 − $84,000 + $743,200 = $1,439,600; the non-recurring loss is already included in income from continuing operations is the correct answer.

Explanation:

3 0
3 years ago
One primary difference between services and the production of goods is that services are consumed _____ whereas goods can be ___
Zigmanuir [339]

Answer:

B. Immediately; stored

Explanation:

One primary difference between services and the production of goods is that services are consumed <u>immediately</u> whereas goods can be <u>stored</u>.

There are several differences in production and consumption of goods and services:

  • Goods are Tangible as it can be touched, however, services are intangible as it cannot touched but it can realized.
  • Goods can be stored for later use, however, services cannot be stored but need to be consumed immediately on real time.
  • Goods can be weighed and measured on scale, however, services can  evaluated on basis of satisfaction level.

8 0
2 years ago
discuss money supply and inappropriate government policies as causes of fluctuations in business cycles​
VashaNatasha [74]

Answer:

Economic growth can be caused by random fluctuations, seasonal fluctuations, changes in the business cycle, and long-term structural causes. Policy can influence the latter two.

Business cycles refer to the regular cyclical pattern of economic boom (expansions) and bust (recessions). Recessions are characterized by falling output and employment; at the opposite end of the spectrum is an “overheating” economy, characterized by unsustainably rapid economic growth and rising inflation. Capital investment spending is the most cyclical component of economic output, whereas consumption is one of the least cyclical. Government can temper booms and busts through the use of monetary and fiscal policy. Monetary policy refers to changes in overnight interest rates by the Federal Reserve. When the Fed wishes to stimulate economic activity, it reduces interest rates; to curb economic activity, it raises rates. Fiscal policy refers to changes in the federal budget deficit. An increasing deficit stimulates economic activity, whereas a decreasing deficit curbs it. By their nature, policy changes to influence the business cycle affect the economy only temporarily because booms and busts are transient. In recent decades, expansions have become longer and recessions shallower, perhaps because of improved stabilization policy, or perhaps because of good luck.

3 0
2 years ago
Shawn starts a business called valuecentral.com, the concept takes off, and the company has an ipo and goes public. the company
tensa zangetsu [6.8K]
In such a case Shawn's company cannot and should not give out a dividend.

Since the company has just raised money, is growing and profitable and it is becoming hard to keep up with demand, this is the best time for the company to reinvest its profits to:

1. Hire more people/Buy more product

2. Improve processes

3. Use the profits to invest in R&D

4. Use the profits to invest in marketing and promotion

5. Invest in providing better customer service

So no dividend should be given since it can hamper the growth of a young company. The money should be used to grow the company for now and in the future all shareholders can enjoy good dividends.




8 0
3 years ago
Sapphire sells two products: ordinary laptops and premium laptops. Ordinary laptops are priced at $650 each and premium laptops
stira [4]

Answer:

The break-even point in units for ordinary laptops is 2,100 units.

Explanation:

Contribution Margin per unit (ordinary) = Selling Price - Variable cost

                                                                 = $650 -$605

                                                                 = $45

Contribution Margin per unit (premium) = Selling Price - Variable cost                                        = $1,150 -$1,090

= $60

$45* 4x + $60x = Fixed Costs = $126,000

= 180x +60x = $126,000

=240x =$126,000 = 525 units

Ordinary computers = 4x

                                  = 4*525

                                  = 2,100 units

Therefore, The break-even point in units for ordinary laptops is 2,100 units.

6 0
3 years ago
Other questions:
  • ____function of management, the manager observes the company's operation to check that goals and objectives are being achieved.
    9·2 answers
  • Blake has managed several restaurants for over 50 years and is close to retirement. With his maturity and business experience, h
    9·1 answer
  • In a company's SWOT analysis, which of the following is an example of a threat?
    8·1 answer
  • Which answer is not true? the u.s. treasury, through its bureau of the mint and bureau of engraving and printing, produces the n
    14·1 answer
  • Suppose that the United States and China trade exclusively with each other. What will happen to the value of the U.S. dollar, ce
    7·1 answer
  • In its first month of operations, Sunland Company made three purchases of merchandise in the following sequence: (1) 200 units a
    12·1 answer
  • Cat's Coaster Company uses cork in all of the protective drink coasters that it manufactures. If Cat's enters into an agreement
    12·1 answer
  • Y Toys is planning a 30,000 square foot expansion to their manufacturing facility to prepare for the introduction of their Barne
    11·1 answer
  • Define common stock.​
    5·2 answers
  • The primary benefit of in-house banking as used by a major corporation is: Group of answer choices Improved visibility and contr
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!