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3 years ago

What is allowable self-employment plan contributions.

1 answer:

4 0

<h3><em>Answer:</em></h3><h3><em>Answer:For a self-employed individual, contributions are limited to 25% of your net earnings from self-employment (not including contributions for yourself), up to $61,000 for 2022 ($58,000 for 2021; $57,000 for 2020). You can calculate your plan contributions using the tables and worksheets in Publication 560</em></h3>

You might be interested in

An investor wishes to invest equal amounts in three stocks and to achieve a portfolio beta of 1.2. If stock A has a beta of 0.9

photoshop1234 [79]

Answer:

Beta of Stock C is 1.6

correct option is d. 1.6

Explanation:

given data

portfolio beta = 1.2

stock A beta = 0.9

stock B beta = 1.1

to find out

beta of stock C

solution

we will apply here Portfolio Beta equation that is express as

Portfolio Beta = ( Weight of Stock A × Beta of Stock A ) + ( Weight of Stock B × Beta of Stock B ) + ( Weight of Stock C × Beta of Stock C ) ......................1

here weight for each stock = $\frac{1}{3}$

put here value we will get

1.2 = ( $\frac{1}{3}$ × 0.9 ) + ( $\frac{1}{3}$ × 1.1 ) + ( $\frac{1}{3}$ × Beta of Stock C )

solve it we will get

Beta of Stock C = 1.599

so Beta of Stock C is 1.6

and correct option is d. 1.6

8 0

3 years ago

At a local university, students talk about being able to retake an exam three times as a way of showing how committed the school

Ahat [919]

Answer:

Is part of the local university culture which shows people's expectation.

Explanation:

These are cultural implications on the decision of giving three chances to retake exams. Cultural implications are much more prominent in the UK where companies have to respect the cultural values of people. If we study about UK constitution we will find that it is not in the written format. When the CEO of Sony (USA) was appointed who was from Japan their was a warm welcome in his office. But after a month there was a strike witnessed because the CEO used to make decisions with an attitude which was a culture in Japan but was unacceptable in USA.

4 0

3 years ago

1. Production and DM budgets: Stolen Horse, Inc. manufactures and distributes toy dinosaurs throughout the Western United States

Yanka [14]

Answer:

Check the explanation

Explanation:

RAW MATERIAL PURCHASE BUDGET

July Aug Sep Total

Budgeted

Production units 64,000 97,200 1,05,200 2,66,400 79,200

RM required per unit 4 4 4 4 4

Total

RM requirement 2,56,000 3,88,800 4,20,800 10,65,600 3,16,800

Add: Desired

Ending Inventory 1,55,520 1,68,320 1,26,720 1,26,720

Total needs 4,11,520 5,57,120 5,47,520 11,92,320

Less: Beginning

Inventory 96,000 1,55,520 1,68,320 96,000

Purchase Units 3,15,520 4,01,600 3,79,200 10,96,320

Kindly check the attached image below to see the well arranged accounting entry.

6 0

3 years ago

You are considering moving the school to another neighborhood where the rent and utilities will increase to $10,392.00, salaries

maw [93]

Answer:

Explanation:

Missing word <em>"You run a school in Florida. Fixed monthly cost is $5,290.00 for rent and utilities, $6,345.00 is spent in salaries and $1,249.00 in insurance. Also every student adds up to $95.00 per month in stationary, food etc. You charge $666.00 per month from every student now."</em>

<em />

Let the number of student be x

Total profit from first operation = 666x - 5290 - 6345 - 1249 - 95x

Total profit from first operation = 571x - 12884

Total profit from second operation = 1045x - 10392 - 6594 - 2062 - 160x

Total profit from second operation = 885x - 19048

At point of indifference, Profit from first operation=Profit from second operation

571x - 12884 = 885x - 19048

885x - 571x = 19048 - 12884

314x = 6164

x = 6164/314

x = 19.6306

x = 20

Hence, one will be indifferent when the total number of student is 20

4 0

3 years ago

Qu. 10-150 (Algo) Majer Corporation makes a product with ... Majer Corporation makes a product with the following standard costs

Galina-37 [17]

Answer:

Direct material quantity variance= $10,000 favorable

Explanation:

Giving the following information:

Standard Direct materials 6.4 ounces $ 2.00 per ounce.

Actual output 6,000 units

Raw materials used in production 33,400 ounces

<u>To calculate the direct material quantity variance, we need to use the following formula:</u>

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (6.4*6,000 - 33,400)*2

Direct material quantity variance= (38,400 - 33,400)*2

Direct material quantity variance= $10,000 favorable

3 0

3 years ago