Which long-term goal can a 401(k) account help you achieve? (Select the best answer.)

This style of leadership may stunt the development of employees and ties the organization’s success to its leader.

antiseptic1488 [7]

Answer:

Autocratic

Explanation:

In autocratic leadership, the manager or leader makes all decisions on behalf of the company or group. The leader does not seek or consider the inputs of others when making decisions. The autocratic leadership style is the same as the dictatorship style.

An autocratic leader issues orders or commands which the subordinates are expected to follow to the latter. When the organization archives success, all the credit goes to the leader.

8 0

3 years ago

Two of the economy’s most important financial intermediaries are

svet-max [94.6K]

Answer:

d. banks and mutual funds.

Explanation:

Financial intermediaries are bodies or individuals that connect surplus and deficit agents. These institutions serve as middlemen among diverse parties in financial transactions. These include banks, mutual funds, pension funds, building societies etc. Banks and mutual funds are two of the economy's most important financial intermediaries.

6 0

3 years ago

2. Fargo Corporation distributes property (basis of $260,000 and fair market value of $310,000) to a shareholder. Fargo Corporat

earnstyle [38]

Answer:

The distribution by Fargo corporations has the following tax consequences

The corporation has distributed an appreciated property( that on its own makes it liable for tax)
The corporation must recognize the gains or losses made on the distribution as if the corporation was selling the property to the shareholder.
Apply capital gains tax on the gains or losses
capital gain = $310000-$260000 =$50000
Apply any annual exclusion and multiply by the Capital Gains Tax to arrive at Taxable Capital Gain to be included in incomes

The shareholder will recognize dividend received in the market value and will be subject to exemptions if applicable.

Explanation:

8 0

3 years ago

Koczela Inc. has provided the following data for the month of May:

scZoUnD [109]

Answer:

$234,000

Explanation:

cost of goods manufactured = beginning work in process + direct materials + direct labor + manufacturing overhead cost applied - ending work in process

cost of goods manufactured = $25,000 + $65,000 + $95,000 + $69,000 - $20,000 = $234,000

cost of goods sold = beginning finished inventory + cost of goods manufactured - ending finished inventory + underapplied overhead

cost of goods sold = $54,000 + $234,000 - $58,000 + $2,000 = $232,000

7 0

3 years ago

On March 1, 2021, Beldon Corporation purchased land as a factory site for $64,000. An old building on the property was demolishe

Fofino [41]

Answer:

$638,000

Explanation:

The answer is simply the expenditure minus any selling from salvages.

First total Expenses(cost for land + cost for building) are as follow;

Land purchase: 64,000

Demolition: 6,000

Architect’s fees: 16,000

Legal fees for title investigation of land 4,000

Property taxes on land 3,400

Construction costs 540,000

Interest on construction loan 7,000.

.........................................................................

Total expenses = 64,000 +6,000+16,000+ 4,000+3,400+ 540,000 +7,000 = 640,400

Salvage sales = 2,400

Net Capital Cost = Total expenses - Salvage sales = $638,000

7 0

3 years ago