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3 years ago

6

After the required beginning date (RBD), what is the amount of penalty that applies to a required minimum distribution (RMD) fro

m a qualified plan or IRA that is insufficient in amount

1 answer:

xenn [34]3 years ago

5 0

Answer:

The penalty for an IRA that is insufficient in amount is half of the undsitributed amount.

Cheers

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If national pride in the local capability to make a complex product is the objective of government policy, the best policy strat

Helga [31]

It is always the aim of the government that people take pride with the things that the locals in their land are able to produced. If this is the main aim of the government then, it should be a policy that one should buy the local products first. In line with this, the government may limit the amount of imported goods reaching their area as these imported good may jeopardized the aim to take pride in the local ones.

7 0

3 years ago

One of the great dangers in allocating common fixed Blank 1 of 1 costs is that such allocations can make a product line look les

lara31 [8.8K]

Answer:

One of the great dangers in allocating common fixed corporate costs is that such allocations can make a product line look less profitable than it really is.

Explanation:

Therefore, care must be exercised so that a product line is not eliminated because the common fixed costs have been allocated to it such that it becomes unprofitable. This is why it is necessary to identify activity cost pools into which such fixed costs can be accumulated and from which they can be allocated to product lines. Using ABC costing approach, for instance, offers a means of escape because the system tries to allocate costs based on the level of usage or consumption of such common costs by each product line instead of using arbitrary allocation formulas.

4 0

3 years ago

Abner and Bette have been married for 20 years and always file a joint return, but never itemize their deductions. Abner and Bet

user100 [1]

<u>Solution and Explanation:</u>

Abner & Bette Gross Income = $80,000.00

Less: the Standard deduction (as per Federal tax $12700 for 2017) $ (12,700.00)

Less: the Personal Exemption($4050*2) $(8,100.00)

Ans (a) Abner's & Bette taxable income in 2017 $ 59,200.00

<u> The Personal Exemption Amount</u>

The personal exemption amount for 2017 is $4,050.

Standard Deduction Amounts

The 2017 standard deduction amounts will be as follows:

Single or married filing separately: $6,350

Married filing jointly: $12,700

Head of household: $9,350

5 0

3 years ago

An investment banker agrees to a firm commitment offering of two million shares of Ace stock. The offer price is set at $55 and

balandron [24]

Answer:

loss of $ 1,400,000.00

Explanation:

Amount of share : two million:

offer price per share: $55

selling price per share: $53.80

Loss per share: $1.20

Total loss= $1.2X2,000,000= ($2,400.000.00)

Earning from spread: 0.5x2,000,000.00 =$1,000.000.00

Net earning: (2,400,000.00)+$1,000,000.00=($ 1,400,000.00)

loss of $ 1,400,000.00

8 0

4 years ago

Human Resources Manager Isaac Bauer is researching case studies as he prepares an employee wellness workshop. An effective metho

valina [46]

Answer: A. True

Explanation: If he were inexperienced in this field or he was doing it as his hobby (casual objectives) with no goal to reproduce or add to the data already published, or were there people involved in his research, then this would have been categorized as informal research. However this setting is strictly formal, and authenticity of data is mandatory. Print and online journal articles contain the case studies already researched thoroughly.

6 0

3 years ago