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3 years ago

What happens to your employer-sponsored retirement plan if you decide to change employers?

Business

2 answers:

Grace [21]3 years ago

8 0

Answer:

Most 401 (k) or IRA accounts allow employees to roll-over their accounts from the old employer to the new employer. Depending on the account and how much time you have been making contributions, you could also cash your retirement account, but that would mean starting from zero with the new employer.

ohaa [14]3 years ago

7 0

Answer:

a). You may roll your money over to a new plan through your new employer.

b) You can withdraw the money from your plan in one lump sum and pay income taxes and likely a penalty as well.

c) You can leave the money in the plan with your former employer.

answer is correct

d) All of the above

Explanation:

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The research and development department of a large manufacturing company would likely be organized as

zlopas [31]

The choices were <span>A. A profit center. B. A cost center. C. A revenue center.
D. An investment center.

The answer is B. a cost center.

Cost centers give profit to a company indirectly. It can come from human resources, the right people for the job are hired makes efficient work done carefully. Research and development is also a cost center because it can search for productive works and innovations that can help the company address its weaknesses. R&D can lower the budget cost and still maintain the quality of products. </span>

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3 years ago

In one of the training sessions in your company, you notice several members are not from the United States. These members are al

Alja [10]

Answer:

Go-round

Explanation:

It is not uncommon that some people can be reticent and not contributing to discussion during a session. This does not mean that such people do not have anything to contribute but may just be shy .

One technique to encourage these members to express their opinion is by employing the go - round discussion method. This can give them the courage to voice their opinion when it is their turn to speak

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3 years ago

Determine the amount of money that must be invested now (time 0) at 10% nominal interest, compounded monthly, to provide an

Veseljchak [2.6K]

Answer:

the amount of money that must be invested now is $21068.87

Explanation:

Given that:

Nominal interest = 10%

Annuity = 7000

n = 8 years

The Effective interest rate is calculated by using the formula:

Effective interest rate = $( 1 + \dfrac{r}{100 \times n})^n-1$

Effective interest rate = $( 1 + \dfrac{10}{100 \times 8})^8-1$

Effective interest rate = 0.1045

Effective interest rate = 10.45 %

Thus ; the the amount of money that must be invested now is the present value with the annuity of $7, 000 per year for 12 years, starting eight years from now.

$PV = 7000(\dfrac{(1+ 0.1045)^{12}-1}{0.1045(1 + 0.1045)^{12}})( \dfrac{1}{(1+ 0.1045)^8})$

PV = 7000 × 6.666056912 × 0.4515171371

PV = $21068.87

Thus; the amount of money that must be invested now is $21068.87

4 0

3 years ago

An important application of regression analysis in accounting is in the estimation of cost. By collecting data on volume and cos

gulaghasi [49]

Answer:

(1) $\text{Total Cost}=1246.67+7.60\ \text{Volume}$

(2) The variable cost per unit produced is $7.60.

(3) The coefficient of determination is 0.96 or 96%.

(4) The estimated total cost is $5,046.67.

Explanation:

A regression analysis for the provided data is performed on Microsoft Excel.

The output is attached below.

(1)

The estimated regression equation that could be used to predict the total cost for a given production volume is:

$\text{Total Cost}=1246.67+7.60\ \text{Volume}$

(2)

The variable cost per unit produced is given by the slope of the line.

The slope of a regression line represent the value of the dependent variable for one unit of the independent variable.

So, the variable cost per unit produced is $7.60.

(3)

Consider the regression output attached.

The coefficient of determination is 0.96 or 96%.

This implies that the percentage of the variation in total cost that can be explained by production volume is 96%.

(4)

For Volume = 500 units predict the total cost as follows:

$\text{Total Cost}=1246.67+7.60\ \text{Volume}$

$=1246.67+(7.60\times 500)\\\\=1246.67+3800\\\\=5046.67$

Thus, the estimated total cost is $5,046.67.

4 0

3 years ago

Draw a graph which depicts long run equilibrium of transnet

Nookie1986 [14]

I will not be able to illustrate the graph in the dialog box but instead, the writer will describe the long-run equilibrium of transnet. Long-run equilibrium in economics focuses on the period of time where the resource is still available and what is its costs and quantity produced.

8 0

3 years ago