100 POINTS!!!
FOUNDATIONS in PERSONAL FINANCE
Funding 401(k)s and IRAs
Make Your Money Grow, Year After Year

Complete the investment chart based on the facts given for each situation. Assume each person is following Dave’s advice of investing 15% of their annual household income. Remember to follow the sequence of contributions recommended that you first meet your company match before putting money into the Roth account. Once the Roth limit is met, start putting money back into the 401(k). A 1:1 company match means that your company will match every dollar you put in the 401k up to a certain percentage of your income.

Total Annual
Investment Annual Salary Company Match 401(K) Roth IRA Investment
Ex. Joe $40,000 1:1 up to 5% $2,000 $4,000 $6,000
(5% income) (under limit) (=15% of Inc)
Melissa $55,000 1:2 up to 3%
Tyler & Megan $105,000 No Match
Adrian $111,000 1:1: up to 4%
David & Brittney $150,000 No Match `
Brandon $35,000 2:1 up to 10%
Chelsea $28,000 No Match

Joe will take advantage of the company match (5% of salary) then put the rest in a Roth IRA.

Melissa will fund the 401(k) up to the match and put the remainder in her Roth.

Tyler & Megan can each fund then put the remainder in the 401(k). With no match, fund the Roth
first (based on a 2020 contribution of $6,000 per individual).

Adrian is not eligible to open a Roth IRA because he makes too much money. He will put his entire
15% into his 401(k).

David and Britney are still within the guidelines for a married couple (based on 20019 contributions of $6,000
per individual). After maxing out the IRA, they will fund the 401(k).

Brandon will fund his 401(k) up to the match, and then put the remainder in his Roth.

Chelsea will fund her Roth IRA.

Answers

Answer 1

The investment chart for each person based on the amount they are investing is given below:

The Investment Chart

Annual Salary 15% match Company match 401K Roth IRA Total investment

Joe 40000 6000 2000 4000 4000 8000

Melissa 55000 8250 3300 6600 4950 11550

Tyler & Megan 105000 15750 NO 5750 10000 15750

Adrain 111000 16650 3330 19980 0 19980

David & Britney 150000 22500 No 12500 10000 22500

Brandon 35000 5250 1050 2100 4200 6300

Chelsea 28000 4200 NO 0 4200 4200

1:1 up to 5 % mean company is contribution the same share    

1:2 up to 6 % means company will invest twice as individual    

2:1 up to 6% mean individual will invest twice as company  

Read more about investment charts here:

https://brainly.com/question/30430578

#SPJ1


Related Questions

ABC Company forecasts its long-term sustainable growth rate to be 3.0%. If the firm’s required rate of return is 9.50% and recently paid a $2.00 dividend on each common share, what is its current estimated value per common share?

Answers

The Sustainable Growth Rate (SGR) is the pace at which a company's capital structure (debt/equity) might expand assuming its current capital structure is maintained.

What does it mean to be environmentally friendly?

Sustainability entails meeting the requirements of current generations without jeopardizing the needs of future generations, while maintaining a balance of economic growth, environmental stewardship, and social well-being.

To keep the seas clean, avoid using plastic bags. Planting trees to help safeguard the environment is a way of life on land. Recycling paper, plastic, glass, and aluminum is an example of responsible consumption and manufacturing. Sustainable towns and communities rely on bicycling, walking, and taking public transportation.

Know more about company's Visit:

https://brainly.com/question/29354835

#SPJ1

11. Suppose that your favorite magazine, The Economist, costs $6 per issue and Peoples magazine costs $4 per issue. If you receive 20 utils when you read People, how many additional utils would you need to get from reading The Economist to prompt you to pony up the extra $2 to purchase it instead of People magazine

Answers

To determine how many additional utils a consumer would need to get from reading The Economist to justify the extra cost of $2, we would need to know the consumer's marginal utility for each magazine.

Assuming that the consumer has a marginal utility of 20 utils for the last issue of People magazine they read, we can estimate their marginal utility for The Economist by considering how much additional utility they would receive from reading it.

If reading The Economist provides the consumer with an additional 10 utils compared to reading People magazine, for example, then the consumer would need to gain at least 10 additional utils to justify the extra cost of $2. If the consumer values each additional util equally, this means they would need to gain at least $0.20 worth of additional utility from reading The Economist to justify the additional cost of $2.

However, it's important to note that marginal utility can vary from person to person and may not be easily quantifiable in monetary terms.

Learn more about marginal utility here

https://brainly.com/question/30841513

#SPJ4

the issep concentration allows cissp certificate holders to demonstrate expert knowledge of all of the following except . a. technical management b. international laws c. certification and accreditation/risk management framework d. systems security engineering

Answers

The CISSP Concentration does not allow CISSP Certificate holders to demonstrate expert knowledge of Systems Security Engineering.

Systems Security Engineering includes tasks such as designing and developing secure systems, assessing systems for security weaknesses, and creating security architectures.

This is distinct from the other topics, such as Technical Management, International Laws, and Certification and Accreditation/Risk Management Framework, which are all covered by the CISSP Concentration.

In more detail, Technical Management includes the management and oversight of technical projects, International Laws focuses on legal regulations related to security, and Certification and Accreditation/Risk Management Framework includes identifying risks, evaluating their impact, and developing strategies to mitigate them.

By contrast, Systems Security Engineering focuses on the engineering aspects of security, including designing secure systems, testing for vulnerabilities, and creating secure architectures. It is the only one of these topics that is not covered by the CISSP Concentration.

To know more about Risk Management click on below link:

https://brainly.com/question/4680937#

#SPJ11

please answer i’ll give points

Answers

Answer:

Try using chatgpt to get your answers quickly. Check it out online

g which of the following statements regarding unusual income statement items is not true? a.in addition to being reported on the income statement, information about discontinued operations should also be reported in a note to the financial statements. b.if a company changes from one generally accepted accounting principle to another, the prior-period financial statements are restated as if the new accounting principle had always been used. c.unusual income statement items do not occur frequently and are typically related to current operations. d.if an error is discovered in a prior period's financial statement, the prior-period statement and all following statements are restated.

Answers

The statement that is not true is C. Unusual income statement items do not occur frequently and are typically related to current operations.  

Unusual income statement items can occur frequently, and are not always related to current operations. For example, a company may report a gain or loss from discontinued operations which is an unusual income statement item.

This item does not necessarily have anything to do with current operations. In addition, a company may report a gain or loss from an extraordinary item, such as a lawsuit verdict or natural disaster, which is also an unusual income statement item. Therefore, unusual income statement items can occur frequently, and they may or may not be related to current operations.

Know more about Company here

https://brainly.com/question/20354514#

#SPJ11

inventory costing $6,300 is sold for $7,800 with terms 2/10, n/30. if the buyer pays within the discount period, what amount will be reported on the income statement as net sales?

Answers

The amount reported on the income statement as net sales is $7,644.

The net sales amount reported on the income statement can be calculated using the formula:

Net Sales = Sales - Sales Discounts

In this case, the sales amount is $7,800 and the discount percentage is 2%. Therefore, the amount of the discount is:

Discount = $7,800 x 2% = $156

The net sales amount is then:

Net Sales = $7,800 - $156 = $7,644

Therefore, the net sales amount reported on the income statement is $7,644 if the buyer pays within the discount period. This is the amount that the company actually receives from the sale after taking into account any discounts given to the buyer for early payment.

To know more about net sales, refer here:

https://brainly.com/question/28903071#

#SPJ11

A publisher entered into a contract with a paper manufacturer who used very fine materials, whereby the publisher was given the right to purchase all paper refined by the paper manufacturer for the next five years at a price set at 95% of the domestic market price at the time of delivery. The publisher agreed to purchase no less than 1,000 pounds of paper a week. At the time this contract was signed, the publisher gave written notice to the paper manufacturer that it intended to buy all paper produced by the paper manufacturer until further notice. The paper manufacturer then sold its business to a lumber-processing company.What is the effect of this sale on the paper manufacturer's obligation to the publisher?A. The sale discharges the paper manufacturer's obligation to the publisher because there has been a full performance.
B. The paper manufacturer is liable for damages if the lumber processing plant fails to deliver paper to the publisher.
C. The paper manufacturer is excused from further performance because it no longer has a factory to produce paper.
D. The paper manufacturer breached its contract with the publisher.

Answers

The effect of this sale on the paper manufacturer's obligation to the publisher is B. The paper manufacturer is liable for damages if the lumber processing plant fails to deliver paper to the publisher.

The paper manufacturer entered into a contract with the publisher to supply paper for the next five years at a set price. The contract included a minimum purchase requirement of 1,000 pounds of paper per week. When the paper manufacturer sold its business to a lumber-processing company, it effectively transferred its obligations under the contract to the new owner. However, if the lumber-processing company fails to deliver the required amount of paper to the publisher, the paper manufacturer is still liable for damages because it was the original party to the contract. The sale of the business does not discharge the paper manufacturer's obligation to the publisher.

For more such questions on Contract.

https://brainly.com/question/15129181#

#SPJ11

fill in the blank. a(n)___is the fundamental particle of matter, and any further breakdown of this would result in loss of the properties that are unique to its element.

Answers

An Atom is the fundamental particle of matter, and any further breakdown of this would result in loss of the properties that are unique to its element.

An atom is the basic unit of matter. It is the smallest particle that can retain the chemical properties of an element. An atom is the smallest unit of an element that retains the chemical properties of that element. An atom consists of a nucleus and electrons that orbit the nucleus in shells.

The nucleus contains positively charged protons and uncharged neutrons. Electrons are negatively charged particles that surround the nucleus in shells. The number of protons in an atom's nucleus determines the element to which it belongs.

The atomic number of an element is the number of protons in the nucleus of one of its atoms. The number of neutrons may differ from atom to atom of the same element. When the number of electrons in an atom equals the number of protons, the atom is electrically neutral.

The mass of an atom is concentrated in its nucleus, which occupies only a tiny fraction of the atom's volume.

To know more about atom refer to-

brainly.com/question/30898688#
#SPJ11

Explain three reasons why the results of market research may not be useful 

Answers

The reasons why market research may not be useful are centered around obtaining the exact accuracy and the cost of conducting the entire research pointing out poor research practices and inexperience which must be accurately managed.

The required three reasons why market research may not be useful are as follows:

Prevalent research methodologies - The prevalent research methodologies that have not been updated with time will always contain sampling errors, faulty differentiation of competitors, the portrayal of low outcomes, and inadequate assessment of market conditions.Time-consuming process -The process of data collection, and financial plan build-up requires a lot of time to complete, as a lot of combinations might be required to derive meaningful information. Time management constraints the client requirement and the said research may turn meaningless with re-designing.Non-adherence to research material protocols - Research methodologies might often violate the protocols pertaining to man, material, large data sets, and environment. On that note, market research may lose its main component to the client's requirement.

Based on the above-mentioned three aforesaid points, the results of market research may not be useful all the time and cause the original output to be less than up to the mark.

To know more about market research:

brainly.com/question/30651551

brainly.com/question/18723483

Kenneth Cole (KCP) had sales of $507.3 mlon in 2005. Based on KCP's past profitability and investment needs, you expect EBIT to be 9% of sales, increases in net working capital requirements to be 10% of any increase in sales, and net investment (capital expenditures in excess of depreciation) to be 8% of any increase in sales. KCP has $93.1 million in cash, $2.5 million in debt, 20.8 million shares outstanding, a tax rate of 37%, and a weighted average cost of capital of 11% a. Suppose you believe KCP's initial revenue growth rate will be between 4% and 11%" ("with growth slowing in equal steps to 4% by year 2011). What range of share prices for KCP is consistent with these forecasts? b. Suppose you believe KCP's EBIT margin will be between 7% and 10% of sales. What range of share prices for KCP is consistent with these forecasts (keeping KCP's initial revenue growth at 9% with growth slowing in equal steps to 4% by year 2011)? c. Suppose you believe KCP's weighted average cost of capital is between 10% and 12%. What range of share prices for KCP is consistent with these forecasts keeping KCP's initial revenue growth and EBIT margin at 9% with growth slowing in equal steps to 4% by year 2011)? d. What range of share prices is consistent if you vary the estimates as in parts (a), (b), and (c) simultaneously? That is

Answers

d. To calculate the range of share prices consistent with the varying estimates from parts (a), (b), and (c) simultaneously, we need to calculate the range of share prices for each individual scenario and then take the intersection of those ranges.

How to calculate?

a. To calculate the range of share prices consistent with revenue growth between 4% and 11%, we need to forecast KCP's free cash flows (FCFs) for the next six years and then calculate the present value of those cash flows using KCP's weighted average cost of capital (WACC). We can then divide the present value by the number of shares outstanding to get the range of share prices.

Using the given assumptions, we can calculate the FCFs for each year as follows:

FCF = EBIT(1 - Tax rate) + Depreciation - Net capital expenditures - Increase in net working capital

Assuming a starting revenue growth rate of 9%, the FCFs for the next six years are:

Year 1: FCF = $35.4 million

Year 2: FCF = $49.5 million

Year 3: FCF = $62.4 million

Year 4: FCF = $70.2 million

Year 5: FCF = $72.6 million

Year 6: FCF = $69.9 million

We can then calculate the present value of these cash flows using a WACC of 11%:

PV = FCF / (1 + WACC)²t

where t is the number of years from today.

Using these calculations, we get a range of share prices between $6.85 and $9.55.

b. To calculate the range of share prices consistent with an EBIT margin between 7% and 10% of sales, we can use the same approach as in part (a), but with the FCFs calculated based on the different EBIT margins. Assuming a starting revenue growth rate of 9%, the FCFs for the next six years are:

Year 1: FCF = $29.7 million

Year 2: FCF = $44.6 million

Year 3: FCF = $56.2 million

Year 4: FCF = $63.3 million

Year 5: FCF = $65.3 million

Year 6: FCF = $62.6 million

Using a WACC of 11%, we get a range of share prices between $6.29 and $8.78.

c. To calculate the range of share prices consistent with a WACC between 10% and 12%, we can use the same approach as in part (a), but with the present value calculations done using the different WACCs. Assuming a starting revenue growth rate of 9% and an EBIT margin of 9%, the FCFs for the next six years are:

Year 1: FCF = $35.4 million

Year 2: FCF = $49.5 million

Year 3: FCF = $62.4 million

Year 4: FCF = $70.2 million

Year 5: FCF = $72.6 million

Year 6: FCF = $69.9 million

Using a WACC of 10%, we get a range of share prices between $7.67 and $10.69. Using a WACC of 12%, we get a range of share prices between $6.28 and $8.75.

d. To calculate the range of share prices consistent with the varying estimates from parts (a), (b), and (c) simultaneously, we need to calculate the range of share prices for each individual scenario and then take the intersection of those ranges. Using the calculations from parts (a), (b), and (c), we get a range of share prices between $6.29 and $8.78.

To know more about Share Price visit:

https://brainly.com/question/29185699

#SPJ1

According to the question  the range of share prices for KCP is $20.63 - $24.84.

What is share?

Share is the action of dividing or distributing something among a number of recipients. It usually refers to a physical object, such as food or money, but it can also refer to intangible items, such as knowledge or information.

a. The range of share prices for KCP that is consistent with the initial revenue growth rate of between 4% and 11% is calculated using the following formula:

Share Price = (Net Present Value of Operating Cash Flows) / (Number of Outstanding Shares)

Net Present Value of Operating Cash Flows = (Revenue Growth Rate * EBIT Margin * (1 - Tax Rate)) / (WACC - Revenue Growth Rate)

Therefore, the range of share prices for KCP is calculated as follows:

4% Revenue Growth Rate:

Share Price = ((4% * 9% * (1 - 37%)) / (11% - 4%)) / (20.8 million shares) = $20.63 - $24.84

11% Revenue Growth Rate:

Share Price = ((11% * 9% * (1 - 37%)) / (11% - 11%)) / (20.8 million shares) = $24.84 - $29.65

b. The range of share prices for KCP that is consistent with the EBIT margin of between 7% and 10% is calculated using the same formula as above:

7% EBIT Margin:

Share Price = ((9% * 7% * (1 - 37%)) / (11% - 9%)) / (20.8 million shares) = $18.43 - $22.63

10% EBIT Margin:

Share Price = ((9% * 10% * (1 - 37%)) / (11% - 9%)) / (20.8 million shares) = $22.63 - $27.04

c. The range of share prices for KCP that is consistent with the weighted average cost of capital of between 10% and 12% is calculated using the same formula as above:

10% WACC:

Share Price = ((9% * 9% * (1 - 37%)) / (10% - 9%)) / (20.8 million shares) = $20.63 - $25.04

12% WACC:

Share Price = ((9% * 9% * (1 - 37%)) / (12% - 9%)) / (20.8 million shares) = $17.23 - $21.43

d. The range of share prices that is consistent if you vary the estimates as in parts (a), (b), and (c) simultaneously is calculated using the same formula as above:

4% Revenue Growth, 7% EBIT Margin, 10% WACC:

Share Price = ((4% * 7% * (1 - 37%)) / (10% - 4%)) / (20.8 million shares) = $18.43 - $22.63

11% Revenue Growth, 10% EBIT Margin, 12% WACC:

Share Price = ((11% * 10% * (1 - 37%)) / (12% - 11%)) / (20.8 million shares) = $17.23 - $21.43

Therefore, the range of share prices for KCP is $17.23 - $22.63, if you vary the estimates as in parts (a), (b), and (c) simultaneously.

To learn more about share

https://brainly.com/question/28143339

#SPJ1

Blossom Incorporated makes track suits that sell for $50 each. Actual sales are $740,000. Management estimates that fixed costs will total $222,000 and variable costs will be $30 per unit this coming year. Calculate the break-even point in sales dollars using the contribution margin ratio. (Round contribution margin ratio to 6 decimal places, e.g. 15.296465\% and final answer to 0 decimal places, e.g. 125.) Break-even point in dollars Calculate the margin of safety in dollars and the margin of safety ratio. (Round margin of safety in dollars to the nearest whole dollar, e.g. 5,275 and margin of safety ratio to 2 decimal places, e.g. 15.25\%.) Margin of safety $ Margin of safety ratio %

Answers

The break-even point in sales dollars using the contribution margin ratio, margin of safety in dollars, and the margin of safety ratio are as follows: Blossom Incorporated makes track suits that sell for $50 each.

Actual sales are $740,000. Management estimates that fixed costs will total $222,000 and variable costs will be $30 per unit this coming year. Calculation of break-even point in sales dollars using the contribution margin ratio: Contribution Margin Ratio (CM Ratio) = (Contribution Margin ÷ Sales)*100CM Ratio = [(50 - 30) ÷ 50] * 100= 40.00%Break-even point in Sales Dollars = (Fixed Costs ÷ CM Ratio)Break-even point in Sales Dollars = (222000 ÷ 40%)= $555,000Calculation of Margin of Safety: Margin of Safety (in dollars) = Total Sales - Break-even Sales Margin of Safety = 740000 - 555000= $185,000Margin of Safety Ratio = (Margin of Safety ÷ Total Sales)*100Margin of Safety Ratio = (185000 ÷ 740000)*100= 25.00%Margin of Safety = $185,000Margin of Safety Ratio = 25.00%

Read more about   Managerial Accounting here:https://brainly.com/question/3815117

#SPJ11

which of the following is appropriate content for the conclusion of a report? check all that apply. an informational report should conclude with a list of contributor acknowledgments. an analytical report should conclude with a review of the major findings and answers to the research questions. an informational report should conclude with a summary of the data presented.

Answers

An analytical report should conclude with a review of the major findings and answers to the research questions is appropriate content for the conclusion of a report. Thus, option (b) is correct.

An analytical report's conclusion should give readers a clear grasp of the significance of the data offered in the results and discussion sections.

It should be a synthesis of essential themes and, if appropriate, a general summary of the study's implications and significance, rather than merely a synopsis of the major topics covered or a restatement of the research problem.

Therefore, option (b) is correct.

Learn more about on analytical report, here;

https://brainly.com/question/17031384

#SPJ12

Your question is incomplete, but most probably the full question was.

Which of the following is appropriate content for the conclusion of a report? check all that apply.

An informational report should conclude with a list of contributor acknowledgments. An analytical report should conclude with a review of the major findings and answers to the research questions. An informational report should conclude with a summary of the data presented.

mr. tyler nall is president and ceo of a retail chain that is about to begin operations in numerous major cities across the united states. the stores will sell home furnishings that are considered moderately priced for the average-income buyer. during the last few months he has been working to lay out directions for the managers of the stores. mr. nall and his vice presidents have decided that each store should have sales equal to or greater than $100 per square foot, per day. when setting goals for the plan, what should mr. nall do after he evaluates available resources?

Answers

Mr. Nall should develop strategies to help meet the goals of having sales equal to or greater than $100 per square foot, per day.

After evaluating available resources, he can then set specific objectives and determine what actions are necessary to achieve them.

He should also consider any external factors that could impact the store's success, such as competition, location, and customer preferences.

He can then create a timeline for implementation and a system for measuring progress and success. Finally, he should provide clear direction and support to the store managers to ensure that they can meet the desired goals.

To know more about customer preferences click on below link:

https://brainly.com/question/27331781#

#SPJ11

What times should you assess the Shift Touchpoints while on your

shift? Select all that apply, then click Submit.

2:00pm

8:00pm

5:00pm

Check zones at Shift Change

7:00am

Check zones as needed

11:00am

Answers

Click "Submit" after checking all applicable boxes. 2 pm, 8 pm, and 5 pm. Check zones at 7:00 a.m. shift change. 11:00am Zone checks as necessary.

What do zones mean?

A TV programme called "The Twilight Zone" featured strange occurrences. In a similar vein, every zone is a location with a unique characteristic. Compare the Torrid Zone, South Wintry Zone, South Humid Zone, and North Frigid Zone. Biogeography.

What do clocks do?

The hour, quarter, and second hands of a clock move to indicate the time. A large enough clock could be placed within a tower. A watch is the term for a clock that is tiny enough to be worn on the wrist.

To know more about zones visit :

https://brainly.com/question/17067679

#SPJ1

Multi-step Income Statement From the following accounts, listed in alphabetical order, prepare a multi-step income statement for Karlman Distributors for the year ended December 31. All accounts have normal balances.
Selling, General and Administrative Expense $196,000
Cost of Goods Sold 335,000
Interest Expense 5,000
Sales Revenue 560,000
Income Tax Expense 10,000
KARLMAN DISTRIBUTERS
Income Statement
For the Year Ended December 31
Answer: Cost of Goods SoldInterest ExpenseIncome Tax ExpenseSales RevenueSelling, General and Administrative Expense $Answer
Answer: Cost of Goods SoldInterest ExpenseIncome Tax ExpenseSales RevenueSelling, General and Administrative Expense Answer
Gross Profit on Sales Answer
Operating Expenses Answer: Cost of Goods SoldInterest ExpenseIncome Tax ExpenseSales RevenueSelling, General and Administrative Expense Answer
Income from Operations Answer
Other Income and Expense Answer: Cost of Goods SoldInterest ExpenseIncome Tax ExpenseSales RevenueSelling, General and Administrative Expense Answer
Income before Income Taxes Answer
Answer: Cost of Goods SoldInterest ExpenseIncome Tax ExpenseSales RevenueSelling, General and Administrative Expense Answer
Net Income $Answer

Answers

Income and expenses, including interest expense ($5,000), were then accounted for, resulting in income before income taxes ($24,000). Finally, income tax expense ($10,000) was deducted to arrive at the company's net income for the year ($14,000).

From this amount, operating expenses ($196,000) were deducted to arrive at income from operations ($29,000).

KARLMAN DISTRIBUTORS
Income Statement
For the Year Ended December 31

Sales Revenue: $560,000

Cost of Goods Sold: $335,000

Gross Profit on Sales: $225,000

Operating Expenses:
Selling, General and Administrative Expense: $196,000

Income from Operations: $29,000

Other Income and Expense:
Interest Expense: $5,000

Income before Income Taxes: $24,000

Income Tax Expense: $10,000

Net Income: $14,000

In summary, Other income and expenses, including interest expense ($5,000), were then accounted for, resulting in income before income taxes ($24,000). Finally, income tax expense ($10,000) was deducted to arrive at the company's net income for the year ($14,000).

To learn more about sales here:

https://brainly.com/question/25743891#

#SPJ11

Applying Lewin's force field model to stress, what is the restraining force that acts to counter stressors and inhibit pathological results?A) Time managementB) ResiliencyC) CommunityD) Reactive strategies

Answers

According to Lewin's force field model, the restraining force that acts to counter stressors and inhibit pathological results, The correct answer is Option B)

Resiliency is the ability to adapt to and recover from stressful situations. It acts as a protective factor against the negative effects of stress and helps prevent the development of negative outcomes such as anxiety or depression. The correct answer is Option B)

Resiliency can be built through practices such as self-care, building social support networks, and developing healthy coping strategies. By increasing resiliency, an individual can better manage stress and prevent the development of negative outcomes.

To learn more about Resiliency here:

https://brainly.com/question/1084396#

#SPJ11

as of december 2005, trading licenses are required to conduct trades on the floor of the nyse. which of the following statements about these trading licenses is/are correct? i. licenses are auctioned off in a special type of auction called a dutch auction. ii. only a member organization of the nyse is eligible to bid for a trading license. iii. the sec determines the maximum bid price. iv. trading licenses are good for 10 years.

Answers

The following statements about trading licenses are correct:

i. Licenses are auctioned off in a special type of auction called a Dutch auction.

ii. Only a member organization of the NYSE is eligible to bid for a trading license.

iii. The SEC determines the maximum bid price.

iv. Trading licenses are good for 10 years.

What are trading licenses?

Trading licenses are financial instruments or documents that grant a broker, bank, or trader the right to purchase and sell shares on behalf of clients or for their own account. They are required to participate in specific exchanges and trade financial instruments.

Trading licenses were auctioned off in a special type of auction called a Dutch auction as of December 2005 in the NYSE. Dutch auctions are similar to typical auctions, except they're conducted in reverse, with the price decreasing as the bidding progresses. Bids are placed in ascending order, with the highest bidder winning the auction.

The NYSE trading license auction, on the other hand, is a Dutch auction in which member organizations of the NYSE are eligible to participate. The SEC (Securities and Exchange Commission) determines the highest bid price for the trading licenses that are put up for auction in this auction. These trading licenses are valid for ten years.

To know more about trading licenses, click on the link below:

https://brainly.com/question/30557020#

#SPJ11

When is it usually acceptable to provide written notice of bad news to external partners?

Answers

Giving bad news in writing to external partners is not advised because it can sour the company relationship and leave a terrible impression. It is preferable to communicate such news over the phone.

When would it be OK to use the direct approach while writing a bad news message?

The direct approach is frequently employed when the audience values conciseness, the message must be brief, the message is complex and may not be easily understood, the message relates to an existing issue or problem (and bad news won't come as a surprise), or you're ending a commercial partnership.

When would you approach an external audience with an indirect way to convey news?

indirect strategy. once the  bad news may have a significant impact on the recipient or you don't know them very well, you may prefer to use the indirect approach.

To know more about company visit:-

https://brainly.com/question/30532251

#SPJ1

Devin has $70,000 of protection under his employer's group term life insurance plan, for which he makes a monthly contribution of $1. 50. Lana is the named beneficiary. The actual cost to the employer for his protection is $0. 20 per month per $1,000 of insurance, and the uniform premium for group term insurance under the internal revenue code is $0. 09 per month per $1,000 of insurance. Under section 79, what is the annual amount that devin, who is not a key employee, must report for federal income tax purposes because of his group term insurance protection?

Answers

Under section 79 of the Internal Revenue Code, Devin must report an annual amount of $840 for federal income tax purposes because of his group term insurance protection.

In the United States, federal taxes is governed by a series of laws known as the Internal Revenue Code (IRC). It is also referred to as the U.S. Tax Code and is a complicated and comprehensive body of rules that specifies how the federal government taxes people, companies, and other entities.

This is calculated by taking the cost to the employer ($0.20 per month per $1,000 of insurance) multiplied by the amount of coverage ($70,000) and then multiplied by the number of months in a year (12). This works out to be $840.

For such more question on Revenue Code:

https://brainly.com/question/28580803

#SPJ11

footsteps company has a bond outstanding with a coupon rate of 6.3 percent and annual payments. the bond currently sells for $968.17, matures in 23 years, and has a par value of $1,000. what is the ytm of the bond?

Answers

The yield to maturity (YTM) of Footsteps Company's bond is 4.51%.

The YTM is the rate of return that an investor would earn by holding the bond until maturity.

This can be calculated by taking the present value of all cash flows of the bond, including the coupon payments and the face value, and dividing it by the current market price of the bond. In this case, $1,000/(1+0.063/2)^23 + $968.17/1.046^23 = 4.51%.

This means that an investor who buys the bond at the current price and holds it until maturity will receive a 4.51% rate of return.

To know more about yield to maturity click on below link:

https://brainly.com/question/30676637#

#SPJ11

A CPA was engaged to audit the financial statements of a municipality that received federal financial assistance and that required a single audit for compliance with the terms of the financial assistance. Which of the following guidelines should the CPA consider?1 Generally accepted auditing standards and generally accepted government auditing standards2 Generally accepted auditing standards3 Generally accepted government auditing standards4 Neither generally accepted auditing standards nor generally accepted government auditing standards

Answers

The CPA should consider Generally Accepted Auditing Standards (GAAS) and Generally Accepted Government Auditing Standards (GAGAS). The correct option is 1.

The CPA should consider GAAS and GAGAS when auditing the financial statements of a municipality that received federal financial assistance and that required a single audit for compliance with the terms of the financial assistance.

A CPA was engaged to audit the financial statements of a municipality that received federal financial assistance and that required a single audit for compliance with the terms of the financial assistance. He/she should consider Generally Accepted Auditing Standards (GAAS) and Generally Accepted Government Auditing Standards (GAGAS).

Hence, the correct option is 1. Generally accepted auditing standards and generally accepted government auditing standards.

For more such questions on GAAS & GAGAS.

https://brainly.com/question/30540659#

#SPJ11

Candy Games Inc. expects the following numbers for next year:Sales: $59,000,000Costs: $45,000,000 (excluding depreciation)Depreciation: $5,000,000Interest: 2,000,000Tax rate: 29%Total assets: $110,000,000Debt-to-equity ratio: 2What is the expected return on equity?

Answers

Answer: First, we need to calculate the amount of debt and equity based on the debt-to-equity ratio:

Debt-to-equity ratio = Debt / Equity

2 = Debt / Equity

Equity = Debt / 2

Equity = ($110,000,000 - Debt) / 2

Next, we can calculate the amount of interest paid on the debt:

Interest = $2,000,000

We can calculate the amount of earnings before interest and taxes (EBIT):

EBIT = Sales - Costs - Depreciation

EBIT = $59,000,000 - $45,000,000 - $5,000,000

EBIT = $9,000,000

We can then calculate the amount of earnings after taxes (EAT):

EAT = EBIT x (1 - Tax rate)

EAT = $9,000,000 x (1 - 0.29)

EAT = $6,390,000

Finally, we can calculate the return on equity (ROE):

ROE = EAT / Equity

ROE = $6,390,000 / (($110,000,000 - Debt) / 2)

Since we don't have a specific value for the amount of debt, we cannot calculate the exact ROE. However, we can say that as the amount of debt increases, the ROE will decrease because there will be more interest payments to be made, which will reduce the earnings available for equity holders.

Enjoy!

A good defense for Kari against any lawsuit by Susan for age discrimination is the ________ defense.
a) Same department
b) Same gender
c)Same company
d) Same actor

Answers

A good defense for Kari against any lawsuit by Susan for age discrimination is the Same actor defense. d) Same actor.

What is Same actor?

The "Same actor defense" is a legal defense that can be used by an employer in an age discrimination lawsuit. It argues that the employer did not discriminate against the employee based on their age, but rather based on other legitimate factors.

In this case, if Kari can argue that she would have made the same decision regardless of the employee's age, then the Same actor defense can be used to defend against the lawsuit.

Therefore the correct option is D.

Learn more about same actor here:https://brainly.com/question/29512178

#SPJ1

Assume that a Proprietary Educational Institution's audited Financial Statements for year ending 31 December 2024 showed the following :
Education related activities
Gross receipts P 10.000.000
Cost of services 5.800.000
Operating expenses or allowable deductions 2.000.000
Unrelated business activities
Gross sales 6.000.000
Cost of sales 2.520.000
Operating expanses or allowable itemized deductions 402.000
Total assets excluding the value of the land where its business entity's office and equipment are situated 50.000.000
Required :
a. compute income tax due or payable for year 2024
b. explain your answer

Answers

a. The income tax due or payable for year 2024 is P1,583,400. b. The gross receipts and expenses from the education related activities and the unrelated business activities are used to calculated the income tax.

a. Compute income tax due or payable for year 2024 of the Proprietary Educational Institution's audited financial statements are as follows:

Gross receipts from education related activities = P10,000,000

Cost of services = P5,800,000

Gross income from education related activities = P10,000,000 - P5,800,000 = P4,200,000

Gross receipts from unrelated business activities = P6,000,000

Cost of sales = P2,520,000

Gross income from unrelated business activities = P6,000,000 - P2,520,000 = P3,480,000

Total gross income = P4,200,000 + P3,480,000 = P7,680,000

Operating expenses or allowable deductions related to education = P2,000,000

Operating expenses or allowable itemized deductions unrelated to education = P402,000

Total allowable deductions = P2,000,000 + P402,000 = P2,402,000

Taxable income = P7,680,000 -  P2,402,000 = P5,278,000

Corporate income tax = 30% x P5,278,000

Corporate income tax = P1,583,400

Therefore, the income tax due or payable for year 2024 is P1,583,400.

b. To compute for the income tax due or payable for the year 2024 of the Proprietary Educational Institution's audited financial statements, we need to compute first the gross receipts from the education related activities and the unrelated business activities, the cost of services and sales, the operating expenses or allowable itemized deductions for both activities, the total assets excluding the value of the land where its business entity's office and equipment are situated and the taxable income. From there, we can now multiply the taxable income by the corporate income tax of 30% to get the income tax due or payable.

Learn more about Income tax:

https://brainly.com/question/30237378

#SPJ11

Hi, how do I work this out
On 1 January 20X8, Coconut acquired 80% of the share capital of Rice for £100,000 when Rice had retained earnings of £30,000. At 31 December 20X9, retained earnings of Coconut were £390,000 and for Rice they were £50,000. NCI is measured using the share of net assets method and goodwill has impaired by £7,280 to date.
What amount should be presented in the consolidated statement of financial position at 31 December 20X9, as the retained earnings of the group?

Answers

To determine the retained earnings of the group, it is necessary to consolidate the financial statements of Coconut and Rice.

First, NCI's share of Rice's retained earnings must be calculated:

Rice retained earnings = £50,000NCI share = (1 - 0.8) = 0.2NCI Retained Earnings at Rice = £50,000 x 0.2 = £10,000

Then, the retained earnings of Coconut and Rice must be added, taking into account the participation of the NCI:

Group Retained Earnings = Coconut Retained Earnings + Rice Retained Earnings - NCI Retained Earnings at RiceGroup retained earnings = £390,000 + £50,000 - £10,000Group retained earnings = £430,000

Finally, the accumulated profit of the group must be adjusted for the impairment of goodwill:

Group Retained Earnings = Group Retained Earnings - Goodwill ImpairmentCumulative group earnings = £430,000 - £7,280Cumulative group earnings = £422,720

Therefore, the amount to be presented in the consolidated statement of financial position at 31 December 20X9, as retained earnings of the group, is £422,720.

In conclusion, the consolidation of the financial statements is important in determining the retained earnings of the group, which is affected by several factors, including the participation of the NCI and the impairment of goodwill. It is important to consider these factors when preparing accurate and complete consolidated financial statements.

Lear More About Financial statements

https://brainly.com/question/28936505

#SPJ11

You work in the editorial department of the Occupational Safety and Health Administration

(OSHA). Based on the Plain Wording Act, which new OSHA document must be written in plain

language?

A. A Congressional act granting OSHA greater authority to set construction safety rules

B. A report to Congress detailing manufacturing safety violations

C. A user's guide to safe workplace practices in agriculture

D. A manual detailing OSHA employee benefits

E. Safety regulations for the railway industry

Answers

Based on the Plain Wording Act A report to Congress detailing manufacturing safety violations, must be written in plain language

Making new products out of parts or raw materials is the process of manufacturing. Manufacturing includes enterprises like bakeries, tailors, shoemakers, and auto manufacturers because they all create products rather than offering services. For example, because they do not turn raw materials into completed goods, mining or logging do not qualify as manufacturing. Although it could appear that construction is a manufacturing process, it is actually seen as a separate business and not a part of manufacturing. Manufacturing is the transformation of raw materials or parts into completed goods using tools, labor, machinery, and chemical processing. The majority of things were produced manually using human labor and basic tools before the Industrial Revolution.

To learn more about manufacturing refer here:

https://brainly.com/question/13740503

#SPJ1

The wages of factory maintenance personnel would usually be considered to be: Indirect labor Manufacturing Overhead A. No Yes B. Yes No С. Yes Yes D. No No a. Option A b. Option B c. Option C d. Option D

Answers

Available choice C's "Manufacturing overhead cost" is the realistic solution. The term "manufacturing overhead" refers to the indirect expenses incurred by a corporation during its production process.

Do manufacturing overheads include indirect factory labor?

Manufacturing overhead, sometimes referred to as production overhead, factory overhead, or factory burden, is the collective term for all the supplemental expenses needed to run your firm. They could consist of: indirect labor, such as cleaning and maintenance staff

What are the components of indirect labor costs?

Wages paid to employees who carry out tasks that assist others in producing goods and rendering services are referred to as indirect labor costs. The cost of labor is the component that is not directly related to production.

To know more about Indirect labor Manufacturing visit:

https://brainly.com/question/30801165

#SPJ1

The expected yield on 1-year bonds over the next 5 years is 2.0%, 2.1%, 2.6%, 3.0%, and 3.8%. The current liquidity premium is 0.25% 1. Using the expectations Theory of term structure, calculate the yield on a 5-year bond today. 2. Using the Liquidity Premium Theory, calculate the yield on a 5-year bond today,

Answers

1. Using the expectations theory of term structure, the yield on a 5-year bond today using the liquidity premium theory is 2.95%.

The expectations theory is one of the three theories of term structure of interest rates. This theory establishes a relationship between long-term and short-term interest rates. The theory is based on the premise that long-term interest rates are the arithmetic average of short-term interest rates that investors expect in the future.The expected yield on a 1-year bond over the next 5 years is given as follows:2.0%, 2.1%, 2.6%, 3.0%, and 3.8%.Therefore, the expected average yield on a 5-year bond today is:

Expected yield on a 5-year bond today = (2.0% + 2.1% + 2.6% + 3.0% + 3.8%) / 5= 2.7%Thus, the yield on a 5-year bond today using the expectations theory of term structure is 2.7%.2. Using the liquidity premium theory, calculate the yield on a 5-year bond today.

The liquidity premium theory is based on the expectations theory of term structure, but it adds a premium to long-term interest rates to compensate for the lack of liquidity in the long-term market. In this case, the current liquidity premium is 0.25%.Therefore, the yield on a 5-year bond today using the liquidity premium theory is: Yield on a 5-year bond today = 2.7% + 0.25%= 2.95%. Thus, the yield on a 5-year bond today using the liquidity premium theory is 2.95%.

To know more about Bonds refer here :

https://brainly.com/question/30801834#

#SPJ11

Do employees in a large-scale bureaucracy (centralized) tend to
have opportunistic behavior? Agree or disagree?
What are the factors that cause bureaucratic opportunism?

Answers

The efficient and effective operation of organizations can benefit from bureaucracies. Large businesses can structure systems and procedures while streamlining processes thanks to this. Processes become less disorganized, and management is easier.

Do workers benefit from bureaucracy?

Absenteeism, high turnover rates, and mediocre levels of performance and productivity are some of the common expenses associated with bureaucracy. Employee anxiety caused by a lack of feedback, along with their dissatisfaction with their jobs, causes them to wish to quit their jobs.

What is a factor in bureaucracy?

The four fundamental characteristics of bureaucracies are a clear hierarchy, specialization, a division of work, and a set of written rules, or standard operating procedures. America's bureaucracy performs three key functions that aid in the smooth operation of the government. It executes the laws and policies passed by elected officials.

Learn more about bureaucracies: https://brainly.com/question/30696747

#SPJ1

3. Should Bank of America change its compensation strategy to include more subjective assessments of performance and a greater emphasis on cross-selling? What effect might this have on its success in the bidding war for top brokers? 5 Marks

Answers

Bank of America can change its compensation strategy to include more subjective assessments of performance and a greater emphasis on cross-selling. Of course, it has its advantages and disadvantages, so Bank of America should consider other factors that they know before deciding.

A subjective assessment is an evaluation that is based on personal opinions, judgments, and perceptions rather than objective measures or standards. The key point is that subjective assessments are based on the judgment of the evaluator rather than on objective measures or standards.

There are many potential benefits of subjective assessment. It will make a manager evaluate their employees with a fair perspective. It will help to better understand the company's core objectives and deliverables, including knowledge of its strategic roadmap. The assessment may also help employees to attain new skills that will help them in their future performance. The cross-selling emphasis will also help the company to earn new clients and increase revenue.

However, there are also many potential drawbacks. One disadvantage is that it may be tough for a company to explain to employees how they will be assessed, which will hurt employee morale. There is a possibility that favoritism may arise when managers are required to give feedback or make decisions based on subjective factors. This could harm the organization's brand image and lead to a loss of talented employees.

Learn more about subjective assessment at https://brainly.com/question/17402325

#SPJ11

Other Questions
A diet plan claims that women have a mean weight of 145 lbs. Assume that the weights of women have a standard deviation of 30. 86 lb. A sample of 40 weights of women has a mean weight of 153. 2 lb. Find the P-value and, using a 0. 05 significance level, state the conclusion about the null hypothesis Brain-Heart Infusion broth is commonly used in microbiology laboratories for the propagation of many different kinds of bacteria, including Staphylococcus aureus. Check all of the following terms that can be used to describe Brain-Heart Infusion broth.- defined- synthetic- complex- selective- differential Need helpWrite your answer on the line below. 5. Why did Murray Gell-Mann, George Zweig, and other scientists need to develop the Standard Model? What's Next? This selection is only a brief introduction to the subatomic world of quarks and leptons. For example, why are some quarks strange and others charmed? Why must they always combine in twos or threes? How in the world did physicists discover something as tiny as a neutrino? Do some research to find out. In a horizontal structure, __________ deal directly with theorganization's primary goods or services; they make things, sellthings, or provide customer service.Multiple Choicepublic relation divisionsaccounting divisionsstaff departmentsorganic structuresline departments The bar graph shows the results of rolling a number cube 300 times. How does the experimental probability of rolling a number greater than 1 compare with the theoretical probability? The experimental probability of rolling a number greater than 1 is __%, which is close to the theoretical probability of __% I dont know how to do thispls answer if u know with simple working 1. For what reasons does Demaratus think the Spartans will fight so hard to resist Xerxes?2. What does this passage reveal concerning Herodotus's attitude toward the Greeks? Toward the Persians? The Founding Fathers gained support for the Constitution by promisingA Bill of Rights would be established to protect individual freedomsB. citizens would not be required to pay taxesC. the President would be from the SouthD. all free males would be able to vote Which equation represents a line which is parallel to the line y = 2/3x 3 How to do?Can anyone give me the answer?! A bag contains red, blue, and green tokens. Don randomlychooses one token from the bag, records the color, andreplaces the token before choosing another token. Heperforms the experiment 100 times. The final tally of theresults is shown in the table below. Could someone help me type up a small Japanese powerpoint about my family? each of these will be a slide. I put blanks for my safety, in those spots put [name] or [age] etc so i can fill them in myself. Please type these in the order below.My name is [name], i am [age] years old and in 9th grade. I go to [school]My dads name is [name] and he is an engineer. He is [age] years old.My moms name is [name] and she is a waitress. She is [age] years old.My older brothers name is [name]. He is [age] years old.This should be typed in basic hiraganaThank you, i know it is a bit much In 1940, the average size of a privately owned farm in a particular country was 170 acres. In a recent year, the average size of a privately owned farm in the country had increased to 432 acres. What is this percent increase? Need some help in science Please help me im so confused on this 19. What is the length of side JN? (Round your answer to the nearest tenth.) 65 39 53 Cmo los mexicanos y latinoamericanos trabajaron para lograr el xito desde los primeros aos hasta la actualidad en la economia 4.02 Lesson Check Arithmetic Sequences (9) PLEASE HELP I bought a pie. It cost somewhere between 1.30 and 2.99. I gave a 24% tip, and the total price was still an exact number of a pence. When I paid with a 5 note I received five coins in my change (the fewest I could have been given for that amount). What were the two possible amounts of change I could have been given? Use the graphs of f and g to find (fg)(2).