Business College

A divorced woman with 2 young children has a small trust fund that gives her $2,500 a year in income. She collects another $2,500 per year in alimony payments. The woman wishes to make a contribution to an Individual Retirement Account this year. Which statement is true?

Answers

Answer 1

Answer: A. No contribution can be made

Explanation:

Related Questions

discuss its impact on small businesses and startup opportunities

Answers

the impact of what?

Explanation:

We can't discuss the impact of something on small businesses and startup opportunities if we don't know what that something is.

QUESTION 3 of 10: You worked the following hours this week: Monday 8 AM to 5 PM, Tuesday 9 AM to 3 PM, Thursday 8:30 AM to 2:15 PM. You get a 30-minute unpaid lunch break every work day. How many hours will you be paid for this week?

Answers

Answer:

19 hours

Explanation:

8 and a half

5 and a half

5 and 15

5. If this person wanted to change his deductions so he could have more money for rent, which
taxes or deductions should he change? Explain why with a specific reason. Think about which
taxes affect or help you the most.

Answers

If this person wants more money for rent, they could consider adjusting their deductions for housing-related expenses, such as mortgage interest.

One specific deduction they could change is the deduction for mortgage interest. By increasing their mortgage interest deduction, they could potentially lower their taxable income and reduce their overall tax liability. This would result in more disposable income that could be allocated towards rent.

The mortgage interest deduction allows taxpayers to deduct the interest paid on their mortgage loans. By increasing the amount of mortgage interest they can deduct, the person can potentially lower their taxable income and decrease the amount of taxes owed. This would free up more money that could be used to cover the cost of rent.

It's important to note that individual circumstances and tax laws vary, so it is advisable for this person to consult with a tax professional or accountant to fully understand their options and ensure compliance with tax regulations.

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Entrepreneurship is when someone:
a.) does not work for hourly pay, but instead pays themself.
b.) goes into a business partnership with a co-founder.
c.) sets up, founds, or develops a unique business.
d.) looks for ways to make money in unique ways.

Answers

Entrepreneurship is when someone sets up, founds, or develops a unique business. option C is the answer

Who is an Entrepreneur?

An entrepreneur is an individual with a unique idea that s aimed as problem solving.

The person identifies a problem and then create a lasting solution that will bring about opportunities and satisfaction to the people.

An entrepreneur bears the risk that comes from starting or establishing a new business and create opportunity around it.

Therefore, someone who sets up, founds, or develops a unique business is an entrepreneur.

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impact of new vendor with zero opening balance

Answers

The impact of the vendor with the zero opening balance is to show that the account has been correctly set up.

What is the vendor opening balance?

This is the term that is used to refer to the amount of money that is in an account at the particular time that the account is newly opened.

The way that the vendor balance can be gotten is when the opening balances that are in a new year are carried forwards and the customers are done. In order to track this, the code that is to be used is F. 07.

The opening balance is what would have to be brought forward at the end of an accounting period and it is usually what the vendor would have to use as they try to keep a track of the cash flow that is in their account.

Hence we would say that the impact of the new vendor with this balance that is 0 is to help to determine how correct the set up of the account has been done.

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Brodrick Company expects to produce 21,000 units for the year ending December 31. A flexible budget for 21,000 units of production reflects sales of $504,000; variable costs of $63,000; and fixed costs of $141,000. Assume that actual sales for the year are $595,600 (26,900 units), actual variable costs for the year are $114,000, and actual fixed costs for the year are $133,000. Prepare a flexible budget performance report for the year.

Answers

Answer:

Brodrick Company

Flexible Budget Performance Report for the year ended December 31

Flexible Actual Variance

Budget Budget

Sales unit 21,000 26,900 5,900 units F

Sales revenue $645,600 $595,600 $50,000 U

Variable costs 80,700 114,000 33,300 U

Fixed costs 141,000 133,000 8,000 F

Total costs $221,700 $247,000 $25,300 U

Profit $423,900 $348,600 $75,300 U

Explanation:

a) Data and Calculations:

Flexible Budget for 21,000 units

Sales revenue = $504,000

Variable cost = $63,000

Fixed costs = $141,000

Flexing the budget with 26,900 units:

Sales revenue = $645,600 ($504,000/21,000 * 26,900)

Variable costs = $80,700 ($63,000/21,000 * 26,900)

a tenant with this insurance policy suffers a substantial loss due to a lightning strike and an apartment fire that erupts as a result of that storm. the tenant should take each of the following steps as soon as possible except
a. call the insurance company and report the loss and damages
b. sign up for additional renters insurance, as this coverage has now been "used up" will be expired
c. divide property into "damaged" and "undamaged" categories and submit a thorough list of everything "damaged"
d. provide receipts, when available, for damaged items, costs associated with living elsewhere, and costs of doing any self-repair on the rental property.

Answers

In this case, the tenant should not take the next step, enrolling in additional renters insurance, as this coverage has already been "used" and will expire.

What is an insurance policy?

Corresponds to a document containing relevant information about the relationship between the insurer and the insured, that is, when an individual acquires an asset, he can contract formal insurance via a contract that specifies the insurer's obligations towards the asset, such as:

Period of validityRoofFeesAssistance

Therefore, observing the question and the statements, the option that should not be followed by the tenant is to subscribe to the insurance for additional renters, but rather to observe through your contract which coverage the insurer will or will not cover for your damages.

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Determine the missing amount:
Assets=Liabilities+owners Equity x 272000 573000

Answers

Based on the given amounts of assets and liabilities, the missing amount of Owner's equity is $301,000

How to find the equity?

The Owners equity is one of the parts of the Accounting equation which is:

Assets = Liabilities + Owners Equity

The Assets in this instance is $573,000 and the Liabilities are $272,000.

The Owner's equity is the missing amount and it can be found as:

573,000 = 272,000 + Owners Equity

Owners Equity = 573,000 - 272,000

Owners Equity = $301,000

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Assume the supply of bananas decreases due to rising costs of
production, while demand increases due to consumer preferences. What
will happen to the new equilibrium price and quantity?
A) price increases; quantity increases
B) price increases; quantity is unknown
C)price decreases; quantity decreases
D)price decreases; quantity increases
E)price is unknown; quantity increases

Answers

Answer:c option price decreases;quantity decreases

During the past month, Jennifer Johnson had income of $3,500. During the month, her net worth declined by $300. If no other financial activities occurred, this means Jennifer's payments for the month were:

Answers

I think Jennifer’s payment for the month is 3,800

If no other financial activities occurred, this means Jennifer's payments for the month were $3,200.

What is income?

Income is the money that a person gets by giving his services to a company common industry or as a freelancer. Income is used for paying house bills, food bills, and other bills of the person.

Companies engage in financial operations to further their goals and objectives in terms of the economy. They consist of occurrences and acts that have an impact on a company's equity and long-term liabilities. Financial activities include all actions involving the inflow and outflow of cash.

Income of Jennifer Johnson in the past was $3,500

Her income declined by $300

$3,500 - $300 = $3,200

Therefore, the income of Jennifer's payments for the month was $3,200.

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1. Introduction 2. Indicate the name of the organisation 3. Aims and objectives 4. Knowledge of the company 5. Knowledge of the product 6. Motivational factors 7. Conclusion

Answers

Based on the given outline, the type of document that would likely follow this structure is a marketing proposal for a new product launch.

What are the top 5 motivating factors?

The intrinsic process, instrumental, self-concept-external, self-concept-internal, and goal internalisation are the five sources of motivation that were measured. What follows is a quick explanation of these five motivational factors.

Which four components make up motivation psychology?

These four factors include biology, environment, cognition, and emotion. Each can interact with one or more of the others to produce motivated behaviour, and each contributes to the development of behaviour in its own special way.

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Question:

Which of the following types of documents would likely follow the given outline?

1. Introduction

2. Indicate the name of the organization

3. Aims and objectives of the document

4. Knowledge of the company, including its history, mission statement, and values

5. Knowledge of the product or service being offered

6. Motivational factors, such as benefits or advantages of the product, target market, and competitors

7. Conclusion, summarizing the main points of the document and making a recommendation or call to action

a. A business plan for a startup company

b. A research proposal for a scientific study

c. A marketing proposal for a new product launch

d. A report on the history of a nonprofit organization

Please select the best answer.

Based on the given outline, the type of document that would likely follow this structure is a marketing proposal for a new product launch.

What are the top 5 motivating factors?

The intrinsic process, instrumental, self-concept-external, self-concept-internal, and goal internalisation are the five sources of motivation that were measured. What follows is a quick explanation of these five motivational factors.

These four factors include biology, environment, cognition, and emotion. Each can interact with one or more of the others to produce motivated behaviour, and each contributes to the development of behaviour in its own special way.

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Question:

Which of the following types of documents would likely follow the given outline?

1. Introduction

2. Indicate the name of the organization

3. Aims and objectives of the document

4. Knowledge of the company, including its history, mission statement, and values

5. Knowledge of the product or service being offered

6. Motivational factors, such as benefits or advantages of the product, target market, and competitors

7. Conclusion, summarizing the main points of the document and making a recommendation or call to action.

a. A business plan for a startup company

b. A research proposal for a scientific study

c. A marketing proposal for a new product launch

d. A report on the history of a nonprofit organizatio

Prepare a Trial Balance The following balances were taken from the general ledger of Howser Corporation as of December 31. All balances are normal
Cash 6000 Accounts receivable 10,800
Accounts payable 6000 Common stock 36000
Equipment 30000 Dividends 2400
Utilities expense 2,000 Administrative expense 8,000
Sales revenue 17,200
Prepare a trial balance Howser Corporation Trial Balanc Dec cember 31.

Answers

Answer:

Trial balance

Particulars Debit Credit

Cash $6,000

Account receivable $10,800

Equipment $30,000

Account payable $6,000

Common Stock $36,000

Dividend $2,400

Sales revenue $17,200

Administrative expense $8,000

Utilities expense $2,000

Total $59,200 $59,200

common stock definition.

Answers

Answer:

Common stock is a security that represents ownership in a corporation.

Explanation:

Holders of common stock elect the board of directors and vote on corporate policies.

Chapter 13 Assignment: Distributing and Promoting Products
= 6 of 25
Total points: 3/25
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Attempts left
Prisha is a "rack jobber." She owns and stocks display racks in supermarkets, drugstores, and discount and
variety stores. Which of the following best describes the nature of Prisha's business?

Answers

Given that she concentrates on a certain kind of goods and caters to a particular demographic of merchants, this shows that she is a specialist wholesaler.

Specialist wholesalers will resell products in a specific industry or product category, but may have products from multiple suppliers. Because specialty wholesalers specialize in a specific industry or product type they tend to have good product knowledge and good pricing.

Wholesalers occupy a pivotal place in the marketing channel set-up. In most cases they perform several critical functions invaluable to the smooth flow of goods, ownership, finance, and information. This Pricha concentrates on a certain kind of goods and caters to a particular demographic of merchants, this shows that she is a specialist wholesaler.

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Antiques ‘R’ Us is a mature manufacturing firm. The company just paid a dividend of $11.60, but management expects to reduce the payout by 5.25 percent per year, indefinitely. If you require a return of 11 percent on this stock, what will you pay for a share today?

Answers

If you require a return of 11% on this stock, you would be willing to pay approximately $191.13 for a share of Antiques 'R' Us today.

To determine the current share price of Antiques 'R' Us, we can use the dividend discount model (DDM) which calculates the present value of future dividends.

Given:

Dividend just paid = $11.60

Dividend reduction rate = 5.25% per year

Required return = 11%

We need to find the present value of future dividends to calculate the current share price.

Step 1: Calculate the expected dividend in the next period:

Expected dividend in the next period = Dividend just paid × (1 - Dividend reduction rate)

Expected dividend in the next period = $11.60 × (1 - 0.0525) = $11.60 × 0.9475 = $11.007

Step 2: Calculate the present value of future dividends:

Present value of future dividends = Expected dividend in the next period / (Required return - Dividend reduction rate)

Present value of future dividends = $11.007 / (0.11 - 0.0525) = $11.007 / 0.0575 = $191.13

Step 3: Calculate the current share price:

Since the dividend reduction rate is applied indefinitely, the current share price is the present value of future dividends.

Current share price = $191.13

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Can some one paste the lyrics for never gonna give you up here

Answers

Answer: it says the words are innapropriate

Before the year began, Jupiter Manufacturing estimated that manufacturing overhead for the year would be $200,600 and that 25,600 direct labor hours would be worked. Actual results for the year included the following: Actual manufacturing overhead cost $182,500 Actual direct labor hours 20,000 If the company allocates manufacturing overhead based on direct labor hours, the manufacturing overhead for the year would have been ? (Round intermediary calculations to the nearest cent.) A. $18,100 overallocated. B. $18,100 underallocated. C. $25,700 overallocated. D. $25,700 underallocated.

Answers

Answer:

$25,700 Underallocated.

Explanation:

Calculation for the manufacturing overhead for the year

First step is to find the Predetermined overhead allocation rate using this formula

Predetermined overhead allocation rate = Manufacturing overhead/ Direct labor hours

Let plug in the formula

Predetermined overhead allocation rate=$200,600/25,600

=7.8359375

Second step is to multiply Predetermined overhead allocation rate by Actual direct labor hours

7.84*20,000

=$156,800

Lasr step is to find the manufacturing overhead for the year

Manufacturing overhead=$182,500-$156,800

Manufacturing overhead=$25,700 Underallocated

Therefore the manufacturing overhead for the year is $25,700 Underallocated

Analyze the significance of these three matrices for Chipotle regarding their relevance for strategic planning. Include a description of the key information for each of the three matrices.
Discuss how the information from your analysis will influence your recommendations for strategy selection, planning, and implementation.

Answers

One common type of the matrix used in strategic planning is the SWOT analysis.

What is strategic planning?

Strategic planning is a process of defining an organization's long-term goals and objectives, and then developing a plan of action to achieve them. It involves analyzing the current state of the organization, identifying strengths, weaknesses, opportunities, and threats, and setting priorities and objectives for the future. The process typically involves gathering input from stakeholders, conducting research and analysis, setting strategic objectives, developing action plans, and monitoring progress over time. The ultimate goal of strategic planning is to align an organization's resources, capabilities, and activities with its long-term goals and objectives. This helps to ensure that the organization is well-positioned to respond to changes in its environment and to achieve sustained success over time.

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Which characteristic describes the privatization of Social Security?
A. increases the employer’s contribution to Social Security
B. raises the retirement age to claim full benefits to 70
C. enables Americans to invest their Social Security contributions in the stock market
D. reduces benefits across the board by 13 percent
E. obtains a loan from the Fed

Answers

Answer:

the answer is C because it makes sense...

Enables Americans to invest their Social Security contributions in the stock market - describes the privatization of Social Security. Hence option C is correct.

What are the characteristic of the privatization of Social Security?

Privatization of Social Security refers to a proposal where individuals are allowed to invest their Social Security contributions into individual retirement accounts (IRAs) or other investments instead of the government-managed Social Security Trust Fund.

Under this system, individuals would have control over their retirement funds and would be able to invest in the stock market, bonds, and other financial instruments. This would also mean that individuals would be responsible for managing their own retirement funds and bearing the associated risks.

Options A and B do not describe privatization but rather refer to potential changes in the current Social Security system. A reduction in benefits, which is not necessarily associated with privatization. Option E is not related to the privatization of Social Security at all, but rather refers to obtaining a loan from the Federal Reserve.

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please help me out or as many of the questions as u can! thank you! no random answers!

1. Rectangle reports operating cash flows of $3.59 billion, investing cash flows of $0.59 billion, and financing cash flows of -$4.18
billion.
2. Circle reports operating cash flows of $1.39 billion, investing cash flows of -$0.29 billion, and financing cash flows of -$1.38 billion.
The beginning cash amount is $0.69 billion.
3. Pentagon reports operating cash flows of $0.08 billion, investing cash flows of $0.62 billion, and a change in total cash of $0.05
billion.
4. Square reports operating cash flows of $0.59 billion, financing cash flows of $0.41 billion, and a change in total cash of $0.01 billion.
5. Hexagon reports investing cash flows of -$1.40 billion, financing cash flows of $1.02 billion, and a change in total cash of $0.01
billion.

(Net cash outflows should be indicated with a minus sign. Enter your answers in billions rounded to 2 decimal places.)

Required:
1. What is the amount of the change in total cash of Rectangle?
2. What is the ending cash amount of Circle?
3. What is the amount of cash flows from financing activities of Pentagon?
4. What is the amount of cash flows from investing activities of Square?
5. What is the amount of cash flows from operating activities of Hexagon?

1. Change in total cash
2. Ending cash amount
3. Amount of outflows
4. Amount of outflows
5. Amount of inflows

Answers

The values of the amount will be:

1. Change in total cash = $0

2. Ending cash amount = $0.41 billion

3. Amount of outflows = -$0.65 billion

4. Amount of outflows = -$0.99 billion

5. Amount of inflows = $0.39 billion

How to calculate the value

1 Total change in cash = Operating cash flows + Investing cash flows + Financing cash flows

= $3.59 + $0.59 - $4.18

= $0 billion

2.) Total change in cash = Operating cash flows + Investing cash flows + Financing cash flows

= $1.39 - $0.29 - $1.38

= $0.28 billion (Decrease)

Beginning cash balance = $0.69

Ending cash balance = Opening balance + Change in cash flow during the year

= $0.69 - $0.28

= $0.41 billion

3.) Cash flows from financing activities = Total change in cash flows - Operating cash flows - Investing cash flows

= $0.05 -$0.08 - $0.62

= - $0.65 billion

4.) Cash flows from Investing activities = Total change in cash flows - Operating cash flows - Financing cash flows

= $0.01 - $0.59 - $0.41

= -$0.99 billion

5.) Cash flows from Operating activities = Total change in cash flows - Investing cash flows - Financing cash flows

= $0.01 - (-$1.40) - $1.02

= $0.39 billion

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At the end of a group discussion, the group leader Peter reiterated the major points of the discussion to the group. Which leadership role did Peter perform?

Answers

Based on the information given, it should be noted that the leadership role carries out is known as coordination.

Who is a leader?

It should be noted that a leader simply means someone who influences other people and guides them in order to achieve a particular goal.

Based on the information given, at the end of a group discussion, the group leader Peter reiterated the major points of the discussion to the group. This is simply known as summarizing. From the leadership point of view, he served the function of coordination.

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Juniper Design Limited of Manchester, England, is a company specializing in providing design services to residential developers. Last year the company had net operating income of $420,000 on sales of $1,500,000. The company’s average operating assets for the year were $1,700,000 and its minimum required rate of return was 15%.

Required:

Compute the company’s residual income for the year.

Answers

Answer: 165,000

Explanation:

To compute the company’s residual income for the year, we can use the formula:

Residual Income = Net Operating Income – (Minimum Required Rate of Return x Average Operating Assets)

Given: Net Operating Income = $420,000 sales = $1,500,000

Average Operating Assets = $1,700,000

Minimum Required Rate of Return = 15% = 0.15

Residual Income = Net Operating Income – (Minimum Required Rate of Return x Average Operating Assets)

Residual Income = $420,000 – (0.15 x $1,700,000)

Residual Income = $420,000 – $255,000

Residual Income = $165,000

Therefore, the company’s residual income for the year was $165,000.

In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income $ 52,000 Accounts payable decreased by 18,000 Accounts receivable increased by 25,000 Inventories increased by 5,000 Depreciation expense 30,000 Net cash provided by operating activities was:

Answers

Answer:

Cash flows from operating activities:

Net income $52,000

Adjustments to net income:

Depreciation expense $30,000Accounts receivable increased by ($25,000)Inventories increased by ($5,000) Accounts payable decreased by ($18,000) ($18,000)

Net cash flow provided by operating activities $34,000

How does the government use monetary policy and fiscal policy to achieve its macroeconomic goals?

Answers

Monetary policy refers to actions by the Federal Reserve System (the Fed) to control the money supply. ... By expanding the money supply, the Fed stimulates economic growth. The government also uses fiscal policy— changes in levels of taxation and spending—to control the economy.

In Venezuela, the bolivar, the domestic currency, lost value because the government printed excess amounts of money to fund its budget deficit. This situation can happen if the: inflation in the country is well controlled. bond markets in the country are very strong. central bank is very powerful and independent of the political process. central bank is not independent of the political process.

Answers

In Venezuela, the bolivar, the domestic currency, lost value because the government printed excess amounts of money to fund its budget deficit. This situation can happen if the inflation in the country is well controlled.

What is a budget deficit?

When spending exceeds revenue, the situation is referred to as a budgetary deficit. Despite being primarily utilised by governments, this has a wide range of applications for both people and companies. A government has a budget deficit when it spends more in a given year than it brings in through taxes, for example. As a straightforward illustration, consider a government that receives $10 billion in revenue one year but spends $12 billion, creating a $2 billion deficit.

Hence, This situation can happen if the inflation in the country is well controlled.

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Explain how each of the following events would affect the equilibrium price and quantity of new textbooks. (Explain which curve(s) would shift and in which direction(s).)

Answers

The events that would affect the equilibrium price and quantity of new textbooks include changes in production costs, shifts in student enrollment, changes in government policies etc.

How do these events impact the equilibrium price and quantity?

The changes in production costs will shift the supply curve of new textbooks. If production costs increase, the supply curve would shift to the left resulting in decrease in the equilibrium quantity and an increase in the equilibrium price.

But if production costs decrease, the supply curve would shift to the right leading to an increase in the equilibrium quantity and a decrease in the equilibrium price of new textbooks.

Answers

Answer:

do whatever job you think it is

Explanation:

Answer:

I don't get what you are asking

Explanation:

When the Fed conducts an open market sale of government bonds, what does it want to happen to bank lending as a result?

a. a decrease in bank lending to decrease the money supply
b. an increase in bank lending to increase the money supply
c. an increase in bank lending to decrease the money supply
d. a decrease in bank lending to increase the money supply

Answers

When the Fed conducts an open market sale of government bonds, this will cause an increase in bank lending to increase the money supply. Option B

This is further explained below.

What are government bonds?

Generally, A financial obligation that is issued by a national government to finance government expenditure is referred to as a government bond, sovereign bond, or simply bond.

In most cases, it entails a promise to reimburse the principal amount on the maturity date and to make what is known as coupon payments, which are interest payments made at regular intervals.

In conclusion, the Federal Reserve performs a sale of government bonds on the open market, this will result in a rise in bank lending, which will result in an increase in the money supply.

Answers

Answer:

production is when you create things. productivity is how well the product works, or how well it performs.

plz give brainliest

Answer:

Production is defined as the process of producing goods from raw materials. On the other hand, productivity is defined as the process of producing goods and services efficiently.

Which options are available when exporting a table definition and data? Check all that apply

Answers

Answer: 1. appending data to an existing table

4. creating a new table and inserting data

Explanation:

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