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mezya [45]
3 years ago
8

An employee requested that the balance of her 401(k) account be sent directly to her in one lump sum. upon receipt of the distri

bution, she immediately had the funds rolled over into an ira. what is the tax consequence of the distribution sent to this employee?
Business
1 answer:
yKpoI14uk [10]3 years ago
8 0

The tax consequence of the distribution sent to this employee is that the Distribution is subject to federal income tax withholding.

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A company has beginning inventory of 40 units at a cost of $12.50 each on October 1. On October 5, it purchases 26 units at $13.
olga nikolaevna [1]

Answer:

Ending inventory as at Oct 15 : $348

Explanation:

The FIFO (First-In-First-Out) method of inventory valuation is whereby the stock that enters first into inventory is the one that is sold or used first. In other words, the oldest stock is used first. This is common for inventory consisting of perishables such as vegetables, which will be wasted if not used soon.

Oct 1 : Beginning inventory : 40 units x $12.50 = $500

Oct 5 : Purchases : 26 units x $13.50 = $351

Oct 12 : 36 units x $14.50 = $522

Oct 15 : Sales : 78 units. This consists of:

40 units x $12.50 = $500

26 units x $13.50 = $351

12 units x $14.50 = $174

Hence, Cost of Goods sold is : $500 + $351 + $174 = $1025

Ending inventory is (36-12) x $14.50 = $348

3 0
4 years ago
In the market for dog food, who is the customer and who is the consumer??
Contact [7]

Answer:

your the customer and ur pet is the consumer

Explanation:

8 0
3 years ago
Corporate Bond A returns 5 percent of its cost in PV terms in each of the first five years and 75 percent of its value in the si
melamori03 [73]

Answer:

Explanation:

Only II & IV

6 0
3 years ago
In the late nineteenth century, what helped narrow the gradations of freedom amongst white Americans? a. Indentured servitude ha
ElenaW [278]

In the late nineteenth century, Judith Sergeant Murray wrote about women’s intellect being equal- this helped narrow the gradations of freedom amongst white Americans.

Option: B

Explanation:

In the late nineteenth century there was a conflict in between white Americans about the freedom. Their fight against each other graded by the help of writer and other professionals who wrote about their strong points. Judith Sergeant Murray who was an American writer and advocate wrote about women's right.

Gender discrimination, women's right, feminism was the core area of writing in Judith Sergeant Murray's work. He compared women's ability with man's, their imagination, decision making capacity, judgemental motives etc.

5 0
4 years ago
Siiri invests 10 % in real estate, 40 % in mutual funds, 25 % in government bonds, and 25 % in stocks. what do Siri’s investment
jeka57 [31]

Answer: Asset allocation

Explanation:

Asset allocation refers to the strategy of investing in different types of assets and investment vehicles so that the risks would be balanced by the rewards to be earned so that the investor will benefit.

Asset allocation is usually based on the investor's investment goals and their risk appetite. Those who are more risk tolerant will usually invest more in stocks so Siiri here is most likely risk averse but based on the percentage that went into stocks, they might be more risk neutral.

4 0
3 years ago
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