Answer:
He should roll the funds over into a new IRA in the spouse's name
Explanation:
Since the son is expects to retire in 22 years, in which at that time he will be in need of the funds to pay for his or his Family annual living expenses the best advice I would give the son is for him to roll all the funds over into a new IRA in the name of spouse's because the IRA Account which is fully known as INDIVIDUAL RETIREMENT ACCOUNT is an individual retirement plan that can help to provides all tax the advantages that an individual needs for their retirement savings.
Answer:
Dr Organization costs ($12,000 + $3,000) 15,000
Dr Patent ($20,000 + $2,000) 22,000
Dr Equipment 30,000
Dr Preopening expenses 40,000
Cr Cash 107,000
Explanation:
Organization costs are the initial costs incurred to start a business. They include attorney fees, and any other legal and registration fees required by both municipal state and federal government.
Any fees related to the purchase of the patent, e.g. commissions paid or attorney fees must be included in the purchase cost of the patent.
Answer:
GDP B). $417
NDP C. $392
NI D. $402
PI B. $314
DI A. $284
Explanation:
Gross domestic product is the total monetary value of final goods and services produce within the country.
GDP = 20 + 40 + 24 + 35 + 90 + 75 - 22 + 10 + 123 = 417
NDP = GDP - Consumption of fixed capital
NDP = 417 - 25 = 392
NI = NDP - Statistical discrepancy + net foreign income
DI = NI - Taxes on imports - social security consumption - Corporate income tax - undistributed profits.
Answer:
The correct answer is (C)
Explanation:
Medical records do not come under the federal privacy act. A patient or a guardian can file a proper request for medical records and after proper identification medical records are released. The request should be a written application or signed by the patient himself. Congress, sec stock trading and FBI investigation are all exempted from federal privacy act.
