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balandron [24]
3 years ago
11

Why would a Roth 401(k) investment plan allow you to invest the most amount of money?

Business
1 answer:
ycow [4]3 years ago
3 0

Answer:

401k

Explanation:

investment plan allow you to invest the most amount of money? ... A Roth 401(k) plan takes money after tax has been removed from gross income, and has a contribution limit, but withdrawal is tax free. A Roth Individual Retirement Account allows you to draw a fixed amount that is not taxed.

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The collision repair industry does what volume of business per year? A. $1 million B. $10 Million C. $1 Billion D. $10 Billion
Eva8 [605]

Answer: D. $10 Billion

Explanation:

The United States has a large economy with a very large number of cars which was estimated to be around 280 million in the last quarter of 2019. With these many cars it would be improbable that there would not be quite a number of accidents and there are. In the year 2018, around 12 million cars were involved in motor accidents.

With such a staggeringly high number of cars involved in collisions, it is no wonder that it is estimated that the collision repair industry does around $10 billion worth of business every year.

6 0
3 years ago
You are evaluating investments in U.S. equities and Mexican equities. Your stock analysts anticipate that U.S. equities will app
Advocard [28]

Answer:

14.32%

Explanation:

We have the investment sum of 100 dollars

We convert to mexican pesos

100x0.14286

= 700 MP

700 mexican pesos invested on equities gets 25% return

Redeemable amount after a year = 700 x (1+15%)

= 805

After a year money gotten back in dollars

805 x 0.142015

= 114.32 dollars

Net return = 114.32 - 100 = 14.32

Expressed in percent = 14.32%

3 0
3 years ago
Nicole and her team of skillful systems analysts have been hired to create a database system for an educational software package
zhuklara [117]

Answer:

True.

Explanation:

The type of database that Nicole's team would recommend is a relational database.

Relational database can be described as the arrangement of formally described tables from which data can be got in many different ways without having to reorganize the tables.

The relational database is critical in that it enhances easy accessibility to information. Also, it streamlines processes and procedures and allow for specific investigation of data and record. Nicole's team is therefore making a good stance and decision by recommending the Relational Database to its client.

8 0
4 years ago
A $100 petty cash fund has cash of $17 and receipts of $86. The journal entry to replenish the account would include a :
Paladinen [302]

Answer:

The correct option is C, credit to cash over and short for $3

Explanation:

The requirement targets the balancing entry in the cash account,with cash of $17 in the petty cash account coupled with receipts of $86, the total amount in the petty cash is $103 ($86+$17) and the established float is just $100, which implies that the petty cash has an excess fund of $3 that must be returned to the main cash account.

The excess is the difference between $103 cash in the petty cash account and the maximum float of $100($103-$100)

4 0
4 years ago
Read 2 more answers
The factor which determines whether or not goods should be included in a physical count of inventory is
laila [671]

B)physical possession

4 0
3 years ago
Read 2 more answers
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