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Semenov [28]
2 years ago
9

What is a keogh plan?

Business
1 answer:
Law Incorporation [45]2 years ago
5 0

A Keogh plan is a tax-deferred pension plan available to self-employed individuals or unincorporated businesses for retirement purposes. A Keogh plan can be set up as either a defined-benefit or a defined-contribution plan, although most plans are set as the latter.

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Beverage International reports net credit sales for the year of $252,000. The company's accounts receivable balance at the begin
dezoksy [38]

Answer:

4.8

Explanation:

The formular to find the receivable turn over ratio is

= net credit sales/average.

account receivable

The values given are:

Net credit sales for the year=$252,000

Company account receivable balance at the beginning of the year= $48,000

Company account receivable balance at the end of the year= $58,000

To find the average account receivable we will sum both balance and divide by 2

= 48,000+58,000/2

= 106,000/2

= $53,000

Average account receivable is $53,000

Therefore, receivable turn over ratio is

= $252,000/$53,000

= 4.8

Thus, Beverage international's receivables turn over ratio is 4.8

6 0
3 years ago
Lower Equitorial and Upper Equitorial are the same except Lower Equitorial has a larger capital stock. Both countries undertake
loris [4]

Answer:

both countries would have temporary increases in their growth rates, but the increase would be smaller in Lower Equitorial.

Explanation:

Capital Stock represents the plant, equipment, infraestructure and other assets that help with production

So a larger capital stock implies more factories, more equipment and assets in favor of Upper Equitorial.

The capital increase the productivity. so the growth rate will be smaller in lower equitorial

8 0
3 years ago
In January 2020, Livingston Publishing sells three-year subscriptions to its annual publication to 500 customers for $30 each. U
Ray Of Light [21]

Answer:

A credit to Deferred subscription revenue for $15,000

Explanation:

6 0
2 years ago
Suppose a firm in a competitive market earned $3,000 in total revenue and had a marginal revenue of $30 for the last unit produc
Vera_Pavlovna [14]

Answer:

100 units were sold at $30 per unit

Explanation:

theoretically, in a perfect competition market, the price of a good = marginal revenue = marginal cost. Also, the market sets the price, not the individual firm.

If total revenue = $3,000 and marginal revenue per unit = $30, then we can assume that the sales price of each unit was $30, therefore, they sold $3,000 / $30 = 100 units.

3 0
3 years ago
An antique dealer buying items and hoping to sell them for more than he or she paid for them is the very definition of​ a:
DiKsa [7]
<span>An antique dealer buying items and hoping to sell them for more than he or she paid for them is the very definition of​ a business. A business is economic system that includes commercial and industrial activities through production and sales or exchange of goods and services. 
</span><span>In every business there are investment and  customers . In this case the investment is buying antiques and the customers are people interested in antique works. </span>
3 0
3 years ago
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