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VikaD [51]
3 years ago
5

A 40-year old taxpayer has owned a Roth IRA for more than 5 years. A $10,000 distribution will be considered nonqualified if the

distribution was ______.
Business
1 answer:
olga_2 [115]3 years ago
8 0

Answer:

Your answer would be , ''used to pay for higher education expenses''

Explanation:

You might be interested in
Which type of shopping is characterized by activities oriented toward a specific, intended purchase or purchases?
IrinaVladis [17]

The type of shopping that is being identified above is acquisitional shopping because this is where consumers have the intention of visiting or going to the store to shop in a way that they would purchase products and acquire for services. It could be seen above as the shopping is characterized because of the consumers will of having to purchase a specific product.

5 0
3 years ago
When a sales contract is missing terms on when a payment is due, and if the involved parties have not had an established course
Gemiola [76]

Answer:

False

Explanation:

The provision of the Uniform Commercial Code as amended is that any missing terms such as price, quantity,location and expected time of delivery as well as payment terms  can be added to the contract later on with consent of all parties involved or provided in compliance with other commercial codes.

In other words,the fact that payment should be made within seven working days when payment terms are missing is alien to Uniform Commercial Code.

The answer, therefore is false.

7 0
3 years ago
Eileen transfers property worth $200,000, basis of $60,000, to Goldfinch Corporation. In return, she receives 82% of the stock i
erica [24]

Answer:

C. $20,000

Explanation:

Given the data below,

Property transfered = $200,000

Basis = $60,000

Return = 82℅

Fair market value = $180,000

Long term fair market value = $20,000

In the above scenario, we can safely say that Eileen realized gain of $140,000 on the transfer of property, which is due to;

Property worth $200,000 - basis $60,000 = $140,000.

However, because recognized gain cannot exceed the lesser of realized gain ($140,000) or the boot received ($20,000), the recognized gain is therefore $20,000

3 0
3 years ago
Baltimore, MD. The line started forming at 4 a.m. By 8 a.m. there were over 3,000 people in the line snaking around Amazon's ful
mamaluj [8]

Answer:

Here the quantity demanded, that is, vacancy = 1,200  While the total number of applications for these 1,200 positions was 4,500.

Explanation:

If Amazon increased wages to $16 per hour, what do you predict will happen to that.

3 0
3 years ago
In the Keynesian model, it is assumed that, when demand for a firm's product changes, the firm:
REY [17]

Answer:

B. changes production levels to meet the demand.

Explanation:

The Keynesian model is usually used as a theoretical approach to understand economics in the short run. For Keynes, in the short term, firms can not change their prices immediately because exist a menu cost: the cost of changing prices. Instead, firms change the unique variable that they can control: quantities.

In such way can meet the demand in the short run.

7 0
3 years ago
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