Answer:
An employee's funds grow tax deferred in the plan. They don't pay taxes on investment earnings until they withdraw their money from the plan. An employee will pay income taxes and possibly an early withdrawal penalty if they withdraw their money from the plan.
Explanation:
I hope this helps. :D
Answer:
Purchases Quantity = 441075 pounds
Purchases Value = $926257.5
Explanation:
To calculate the quantity and value of the purchases of direct material for the month of January, we first need to determine the quantity of direct material needed for production in January and adjust it with the opening inventory of direct material and the desired closing inventory.
To produce 715000 candles, the wax needed (in pounds) = 715000 * 10/16
To produce 715000 candles, the wax needed (in pounds) = 446875 pounds
The purchases for wax in pounds for January should be,
Consumption = Opening Inventory + Purchases - Closing Inventory
446875 = 18600 + Purchases - 12800
446875 + 12800 - 18600 = Purchases
Purchases = 441075 pounds
The value of Purchases will be = 441075 * 2.1 = $926257.5
Answer: The answer is as follows:
Explanation:
Opportunity cost refers to the benefit of a commodity that is forgone to produce one extra unit of some other commodity.
It is also refers to the value of next best alternative that is given up by choosing some other alternative.
Here, if Dexter accepts the laser printer as payment then the opportunity cost of this exchange is the value of next best alternative and that is television.
Answer:
$7,176,000
Explanation:
We will calculate the sbsidiary net gain and add it to the firm income to get the consolidated net income:
Little income 864,000
amortization on acquisition investment <u> (48,000) </u>
net gain on subsidiary 816,000
Big income 6,360,000
big income + income from subsidiary = 6,360,000 + 816,000 = 7,176,000
This will be the consolidated net income.
The dividends do not impact the net income.
Answer:
B
Explanation:
The theory of crowding out is that as government spending and borrowing increases, the demand for money would increase. This would lead to an increase in interest rate. As a result, the level of investment spending would decline. The theory submits that increased government spending would drive down private spending
