Answer:
they allow low investments, they are managed by professionals, and they are fairly simple one size fits all plans
Explanation:
Target date funds can be defined as tailored investments, since the retirement plans works with a specific date set. So the investment company knows that they have a certain time to make the assets' value grow. They are very "simple" plans, since the plans should automatically rebalance themselves as the age of the customer increases.
Answer:
a. $7.75 per direct labor hour.
b. Job 200 = $19,375 and Job 305 = $23,250
c. Journal
Work In Process : Job 200 $19,375 (debit)
Work In Process : Job 200 $23,250 (debit)
Overheads $42,625 (credit)
Explanation:
Predetermined factory overhead rate = Budgeted Fixed Costs ÷ Estimated Direct Labor Hours
= $620,000 ÷ 80,000
= $7.75 per direct labor hour.
Application of Overheads.
Job 200 = Actual Labor hours × Predetermined factory overhead rate
= 2,500 hours × $7.75
= $19,375
Job 305 = Actual Labor hours × Predetermined factory overhead rate
= 3,000 hours × $7.75
= $23,250
Answer:
Willing to pay $3,800 for a used car.
Explanation:
Low Quality Used Car = $1000
Probability of getting low quality used car = 60%
High Quality Used Car = $8,000
Probability of getting high quality used car = 40%
Since both the low quality and high quality are used cars, we can calculate how much to pay for used car by taking weighted average of high quality and low quality used cars, and, assign weights as the probability of getting each car:
⇒(1,000 * 60%) + (8,000 * 40%)
⇒ 600 + 3,200
⇒ $3,800
Answer:
The Department of Housing and Urban Development
Explanation:
The Holden act or the California Housing Financial Discrimination Act of 1977, <u>states that financial institutions cannot discriminate against people applying for loans or financial assistance,</u> for reasons such as; race, color, ethnicity and religion.
The Holden act is enforced by the Department of Housing and Urban Development.
Answer:
a.Contingency
Explanation:
The Contingency theory of leadership is a theory that establishes that a leader is successful when the style used fits the situation. This theory states that the best leadership style is the one that best adapts to the context. So, the Gore company more than likely adheres to the contingency theory of leadership because their leaders are not chosen but emerge according to the project they are working on and by other employees.
