Matt and Sarah are selling their home and moving to a new neighborhood. Sarah is going to start college in the fall. She did NOT attend college after high school and is now embarking on her degree. Matt was injured recently in a motorcycle accident and the couple has some very high medical expenses that are coming due. They have considered liquidating their traditional IRAs in order to cover some of these costs. Which types of expenditures can they make from funds in their IRAs without incurring a 10% penalty for early withdrawal?
Answers
Answer:
Matt and Sarah can withdraw the following two types of funds: higher education and medical expenses . While they cannot withdraw any funds for their new home that they are moving into because that will cost them the 10% penalty.
Hope that answers the question, have a great day!
Related Questions
Explain what is meant by the saying that consumers "vote" with their dollars every time they buy products in the marketplace
Answers
What is meant by means of pronouncing that consumers "vote" with their greenbacks every time they purchase merchandise inside the marketplace when purchasers purchase something, they send a message to companies regarding their shopping for preferences, helping to direct use resources
The definition of a consumer is a person that buys goods and services. An instance of the customer is someone who purchases a brand new tv. A heterotrophic organism feeds on different organisms in a meal chain.
The consumer is the only one who's the end-person of any items or offerings. Any person, aside from the consumer who buys the product or offerings, and consumes the product via taking his/her permission is categorized as a customer.
Consumers represent the top trophic stages. not like producers, they can't make their personal food. To get electricity, they eat vegetation or different animals, even as some devour each. Scientists distinguish between numerous forms of customers. primary clients make up the second one trophic degree.
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Question 1
Which is the best example of specialization?
A
A surf shop lowers the price on swimsuits.
A dry cleaner spends extra time on grease spots.
Oc
An assistant in a tailoring shop only replaces zippers.
D An online clothing outlet offers customized monograms.
Answers
An assistant in tailoring shop
It is an attempt to combine separate economies into larger economic region.
Answers
Answer:
economic integration I believe
Which of the following tasks would be included in the marketing mix?
Answers
Evaluating various distribution alternatives to determine the best way to get the products to the consumer. Thus option A is correct.
What is a marketing mix?A foundational business model known as the "marketing mix" has historically focused on the four Ps of. The "collection of tools that the company utilizes to execute its goals in its target marketplace" .
Merchandise are those that are in their complete version and are prepared to be bought and enjoyed by people or houses for their own personal consumption.
Goods are regarded as business items if they are purchased by a firm for internal use. Therefore, option A is the correct option.
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The question is incomplete, the complete question will be :
Evaluating various distribution alternatives to determine the best way to get the products to the consumer
Giving cheap products and charging the customers low amounts.
making the products available in a timely manner.
The distribution should be made on an unequal basis depending what the customer will buy
The ___ act requires companies to produce both an internal control report and an external audit.
A. Securities and Exchange
B. Dodd-Frank
C. Sarbanes-Oxley
D. Uniform Accounting
Answers
The Sarbanes-Oxley act requires companies to produce both an internal control report and an external audit.
The Sarbanes-Oxley Act (SOX) is a federal law enacted by the United States Congress in 2002 to improve corporate governance and financial reporting by public companies.
The act was a response to a series of high-profile accounting scandals in the early 2000s, such as Enron, WorldCom, and Tyco, which eroded investor confidence and caused significant financial losses for stakeholders.
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Small Business Management (1)
There are at least eight different pricing strategies for established goods and services. Explain FOUR (4) of those strategies and under what conditions a business owner should use them.
Answers
The four pricing strategies commonly used by businesses for established goods and services are Penetration Pricing, Skimming Pricing, Premium Pricing and Bundle Pricing.
Here are four pricing strategies commonly used by businesses for established goods and services, along with the conditions under which they can be applied:
Penetration Pricing: Penetration pricing involves setting a low initial price for a product or service to quickly capture market share. This strategy is typically used when a business wants to enter a competitive market or launch a new product. Skimming Pricing: Skimming pricing is the opposite of penetration pricing. It involves setting a high initial price for a product or service and gradually lowering it over time. This strategy is often employed for products with unique features or a competitive advantage. Premium Pricing: Premium pricing involves setting a higher price than competitors to position the product or service as exclusive or of higher quality. This strategy is commonly used when a business wants to create a perception of luxury, prestige, or uniqueness. Bundle Pricing: Bundle pricing involves packaging multiple products or services together and offering them at a discounted price compared to purchasing each item individually. This strategy encourages customers to buy more items by providing them with a perceived value or cost savings.For such more question on Penetration:
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Which is a commodity someone might invest in?
a) a mutual fund
b) natural resources
c) government bonds
d) a certificate of deposit
Answers
Answer:
b) natural resources
Explanation:
Natural resources refer to valuable materials found beneath, above, and on the earth's surface. They are naturally occurring, meaning no human effort is required in producing them. Natural resources make a good source of wealth. Examples of natural resources are land, mineral, oils and gas, forests, water, sunlight, wind, and many others.
Anyone with access to natural resources can invest to make them marketable products. Extraction of oil and refining is an example of investing in natural resources. Processing of trees to wood, use of solar to generate power are other examples.
Answer B) natural resources.
Explanation:
Hope this helps! :)
Explain to Ursula the transactions on her statement and what’s gone wrong.
Answers
It is to be noted that Ursula needs to know how much money is arriving in her bank account and how much is going out. She must also budget. She appears to be overspending and losing track of her entire amount. Overdraft fees mean that she is doing a lot of spending on credit.
What are overdraft fees?A bank will charge you an overdraft fee if you remove more money from your account than you have in it. When an account is overdrawn, the bank provides money to meet the overall expenditure.
Methods to Avoid Overdraft Fees are as follows:
Check your bank account. Maintain a record of your balance, transactions, and automatic payments.Pay in cash. Alternatively, you can use your debit card.Make an artificial buffer.Make use of the direct deposit.Connect your checking account to another.Learn mroe about Bank Accounts:
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Full Question:
See the attached Image
Multiple Choice Question 47 Tidwell Industries has the following overhead costs and cost drivers. Direct labor hours are estimated at 100000 for the year. Activity Cost Pool Cost Driver Est. Overhead Cost Driver Activity Ordering and Receiving Orders $ 105000 500 orders Machine Setup Setups 283500 450 setups Machining Machine hours 1462500 125000 MH Assembly Parts 1170000 1000000 parts Inspection Inspections 285000 500 inspections If overhead is applied using traditional costing based on direct labor hours, the overhead application rate is
Answers
Answer:
Predetermined overhead rate= $22.53 per direct labor hour
Explanation:
Giving the following information:
Direct labor hours are estimated at 100,000 for the year.
Total estimated overhead for the period= (105,000 + 283,500 + 1,462,500 + 117,000 + 285,000) = $2,253,000
To calculate the predetermined overhead rate, we need to use the following formula:
Predetermined overhead rate= total estimated overhead / total amount of allocation rate
Predetermined overhead rate= 2,253,000 / 100,000
Predetermined overhead rate= $22.53 per direct labor hour
How have airplanes changed the way the world does business? Check all that apply. by making long trips less expensive by making long trips in less time by opening up new trade markets by increasing hiring opportunities by increasing travel options
Answers
Answer:
a. by making long trips less expensive
b. by making long trips in less time
c. by opening up new trade markets
e. by increasing travel options
Explanation:
These are the factors that help in changing the way the world does business:
by making long trips less expensiveby making long trips in less timeby opening up new trade marketsby increasing travel optionsAirplanes impact the world in many ways:
it helps in making transportation faster in long trips of the various corners of the earth in few hours instead of taking days and months in less expensive than it was.Airplanes help in globalization for the transportation of products to new trade markets which leads to an increase in the economy with the help of the trade expansion.Airlines help in increasing the travel options in the form of airways by a commercial use for travelers other than roadways, waterways, and railways.Learn more:
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br.uh + meme =jhhbn b bbv v
Answers
Answer:
jhcv njkdqevjkqefvhuiqevhihuerfihuer thank i guess and we have the same name
Explanation:
The awnser to your question is meme
There are two questions with four parts each, in the Application Exercise.
Can you guys help me with this Application exercise in Principles Of Marketing? I'm literally confused...
Answers
According to marketing managers, the following is best defined based on their Point of view (POV):
Production definition: A process of creating goods or services through the conversion of raw materials or resources into finished products.Brand analysis: Involves evaluating the strengths, weaknesses, opportunities, and threats of a brand, as well as assessing its market position and identifying ways to improve its competitiveness.Product value: Refers to the perceived worth or benefit that a product provides to customers in exchange for their money, time, or effort. It is influenced by factors such as quality, features, pricing, and brand reputation.Solution meaning: In marketing, a solution refers to a product or service that addresses a specific problem or need that customers have. Marketing managers focus on identifying and promoting solutions that are relevant and valuable to their target customers.Who are marketing managers and what they do?A marketing manager is in charge of the promotion and positioning of a brand or the products and services sold by a company.
Marketing managers are typically hired to attract more customers to purchase from the company and to raise brand awareness through the development of marketing campaigns. Marketing managers oversee the promotion of businesses and products.
Answered question "marketing managers point of view 1. Production definition, 2 brand analysis, 3 product value and 4 solution"
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3. Find the loan-to-value ratio for a home appraised at $583,620.00 that the buyer will purchase for $585,000.00. The buyer plans to make a down payment of $175,000.00
Answers
Explanation:
The loan-to-value ratio is the amount of the mortgage compared with the value of the property. It is expressed as a percentage. If you get an $80,000 mortgage to buy a $100,000 home, then the loan-to-value is 80%, because you got a loan for 80% of the home's value.
¿In two to three sentences, explain why it is important to have insurance.?
Answers
Answer:
Explanation:
Insurance protects yourself, your assets, or even your family against financial loss. Oftentimes, events, such as cancer or a car accident, are random and have the potential to financially run people. Insurance is a way to reduce the financial impacts of these risks.
Johnson Cleaning Service has the following account balances on December 31, 20X1.
Cash
Equipment
Accounts payable
Elicia Johnson, Capital
$ 76,000
184,000
96,800
163,200
Answers
Based on the type of accounts they are, the proper classification will be:
Cash - Debit balance.Equipment - Debit balance. Accounts payable - Credit balance. Capital - Credit balance. Classifying the balancesThe question asks that the above balances are put on the appropriate side of a T Account.
The proper way to do this will be:
Dr. Account Title Amount Account title Amount Cr.
Cash $76,000 Accounts payable $96,800
Equipment $184,000 Elica Capital $163,200
In conclusion, assets go to the left side and capital and liabilities to the right.
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Accounts classification: Cash - Debit balance, Equipment - Debit balance, accounts payable - Credit balance, Capital - Credit balance.
T-account is a visual representation of an account used in bookkeeping. The T-account gets its name from its resemblance to the letter "T."
A T-account consists of two sides: the left side is called the debit side (or "dr" for "debit"), and the right side is called the credit side (or "cr" for "credit").
The proper T- account of the Johnson Cleaning Service, will be:
Dr. Account Title Amount Account title Amount Cr.
Cash $76,000 Accounts payable $96,800
Equipment $184,000 Elica Capital $163,200
Total Credits $260,000 Total debits $260,000
Thus, this is the proper way of showing a T- account.
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Johnson Cleaning Service has the following account balances on December 31, 20X1.
Cash $ 76,000
Equipment 184,000
Accounts payable 96,800
Elicia Johnson, Capital 163,200
Enter the above balances on the proper side of the T-account.
People over age 50 control ____
of the wealth in the U.S.
Answers
Answer:
yes it is correct answer
What is this app and how do you work it?
Answers
Answer:
Run it through the script
Explanation:
Answer:
Hello new user! Here on Brainly, you can ask questions that you may be struggling with on here, and students all around the world can answer your question, or you may find that your question has already been asked before and is on here. And you can answer questions and help others too! when you answer a question, you can earn points which you can use to ask questions. you can also earn badges such as the answer master badge. you can get this badge after answering 25 questions in any subject! or the history nerd badge, which I just got. You can get this badge when you answer 10 history questions. there are a total of 222 achievements you can earn! you can also move up different ranks which are: the beginner, helping hand, ambitious, virtuoso, expert, ace, and the last one, genius. you can learn more about the ranks by clicking the orange box directly under your username! You can also 'thank' people by clicking on the heart icon when an answer shows up, and rate it by clicking the stars at the bottom of the answer. You can also pick a 'brainliest' which is a little crown icon that only shows up when there are two answers. I don't think I am missing anything, but I may be! I hope this helps and you have a great time on brainly! Have a great day!
The manager of the Quick Stop Corner Convenience Store (which never closes) sells four cases of Stein beer each day. Order costs are $8.00 per order, and Stein beer costs $3.20 per case. Orders arrive three days from the time they are placed. Daily holding costs are equal to 5 percent of the cost of the beer. What is the economic order quantity for Stein beer?
Answers
Answer:
20 Cases
Explanation:
Economic order quantity which is also known as (EOQ) can be defined as the order quantity a company or an organisation should tend to purchase or buy in order to minimize their inventory costs.
Example of this inventory costs are:
Holding costs
Shortage costs
Order costs.
Calculation for the economic order quantity for Stein beer will be:
Numbers of cases × Numbers of days
4 cases× 5 days
= 20 cases
Therefore the economic order quantity for Stein beer will be: 20 cases every five days because the Orders often arrived three days from the time they are placed.
Frankin Corporation has provided the following data concerning last month’s operations. Purchases of raw materials $ 26,000 Indirect materials included in manufacturing overhead $ 6,000 Direct labor cost $ 58,000 Manufacturing overhead applied to Work in Process $ 97,000 Beginning Ending Raw materials inventory $ 11,000 $ 17,000 Work in process inventory $ 52,000 $ 66,000 How much is the cost of goods manufactured for the month on the Schedule of Cost of Goods Manufactured?
Answers
Answer:
$155,000
Explanation:
Calculation for How much is the cost of goods manufactured for the month on the Schedule of Cost of Goods Manufactured
DIRECT MATERIALS:
Beginning raw materials inventory $11,000
Add: Purchases of raw materials $26,000
Total raw materials available $37,000
($11,000+$26,000)
Less Ending raw materials inventory $17,000
Raw materials used in production $20,000
($37,000-$17,000)
Less Indirect materials included in manufacturing overhead $6,000
Total $14,000
($20,000-$6,000)
Add Direct labor $58,000
Add Manufacturing overhead cost applied to work in process $97,000
Total manufacturing costs $169,000
($14,000+$58,000+$97,000)
Add: Beginning work in process inventory $52,000
Total $221,000
($169,000+$52,000)
Less Ending work in process inventory $66,000
Cost of goods manufactured $155,000
($221,000-$66,000)
Therefore How much is the cost of goods manufactured for the month on the Schedule of Cost of Goods Manufactured is $155,000
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $ 117 Units in beginning inventory 0 Units produced 2,900 Units sold 2,500 Units in ending inventory 400 Variable costs per unit: Direct materials $ 32 Direct labor $ 45 Variable manufacturing overhead $ 2 Variable selling and administrative expense $ 9 Fixed costs: Fixed manufacturing overhead $43,500 Fixed selling and administrative expense $15,000 The total gross margin for the month under absorption costing is:
Answers
Answer:
The correct answer is "57,500 ".
Explanation:
Unit product cost
= \(32 + 45 + 2 + \frac{43500}{2900}\)
= \(94\)
Gross margin = Sales - Cost of Goods Sold
= \((2500\times 117) - (2500\times 94)\)
= \(292,500-235,000\)
= \(57,500\)
What part of the theory of evolution by natural selection would explain why there are no wild wolves that resemble Daschunds?; How could so many different breeds of dogs develop from just one species?; Why do dogs have so many different breeds?; What is the common ancestor of the different dog breeds?
Answers
Competition favors the fittest organisms, hence option d is correct.
What is the natural selection hypothesis of evolution?
This is accurate since different species need different things in various locations throughout the globe. For instance, animals in some regions of America do not need warm coats to survive, whereas wolves in Alaska need.
Only animals who have the best genetics for surviving in those settings will therefore flourish.
The intellect, bravery, and power of German Shepards, for instance, led to their development from shepherding dogs. Later, when they were used as police dogs, a few traits were emphasized.
Option d is correct because it follows the principle of evolution that the fittest organisms evolve via competition.
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omeowner's Insurance Premium
Home Owner's Policy Comparison Deductible
Policy 1 $1,600
Policy 2 $2,000
Which statement below correctly compares the premium prices for these insurance policies?
A. Policy 2 will have a higher premium because it has a lower
deductible than Policy 1.
B. Policy 1 will have a higher premium because it has a lower
deductible than Policy 2.
C. Policy 2 will have a higher premium because it has a higher
deductible than Policy 1.
D. Policy 1 will have a lower premium because it has a lower
deductible than Policy 2.
Answers
The correct statement that compares the premium prices for these insurance policies is:
B. Policy 1 will have a higher premium because it has a lower deductible than Policy 2.
In the context of insurance policies, the deductible is the amount the policyholder must pay out of pocket before the insurance coverage kicks in.
A lower deductible means the insurance company will have to cover a larger portion of the claim, which typically leads to a higher premium.
Policy 1 has a lower deductible of $1,600 compared to Policy 2's deductible of $2,000.
Therefore, Policy 1 will likely have a higher premium because the insurance company would bear a greater portion of the claim costs.
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New York and Ohio are among the states with the most remaining drive in movie screens . New York has 4 more screens than Ohio and there are 52 screens total in the two states . how many drive in movie screens remain in each state.
Answers
Let the no. of screens in Ohio be n.
So, no. of screens New York = n + 4
Total no. of screens= 52
Finding the value of n:
n + n + 4 = 52
=> 2n + 4 = 52
=> 2n = 52 - 4
=> n = 48/2
=> n = 24
ANSWER: There are 24 movie screens in Ohio & (24+4) 28 movie screens in New York.
Hope it helps u!
What is the difference between the price of a product
and the opportunity cost of a product?
Answers
Answer:
see below
Explanation:
The price of a product refers to the amount that a customer pays to acquire the product. It is the monetary value attached to the product. Price is the minimum amount of money that a supplier or seller accepts in exchange for goods and services.
Opportunity cost is the forfeited benefits for not selecting a particular option. Opportunity costs arise as people make choices between various alternatives. Once the preferred option has been selected, the next best alternative is the opportunity cost. The value of opportunity cost is the missed benefits from the next best alternative.
Steps in the accounting process
Answers
Answer:
Identifying transaction.
Record transaction in a journal
Posting
Unadjusted trail balanced.
Worksheets
Adjusting journal entries.
Financial statements
Closing book.
Explanation:
Hope i helped u carry on learning have a nice day
Step 1: Identify Transactions. ...
Step 2: Record Transactions in a Journal. ...
Step 3: Posting. ...
Step 4: Unadjusted Trial Balance. ...
Step 5: Worksheet. ...
Step 6: Adjusting Journal Entries. ...
Step 7: Financial Statements. ...
Step 8: Closing the Books.
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Use the graph to the right for a monopoly to answer the questions.
What quantity will the monopoly produce, and what price will the monopoly
charge?
The monopoly will produce 48 units and charge $ 7.20 per unit. (Enter
numeric responses using real numbers rounded to two decimal places.)
Suppose the monopoly is regulated. If the regulatory agency wants to
achieve economic efficiency, what price should it require the monopoly to
charge? How much output will the monopoly produce at this price?
The regulatory agency should regulate a price of $4.80. At that price, the
monopoly will produce 52 units.
bikin
Answers
Answer:
7
Explanation:
casue I said so
The quantity that the monopoly would produce is 48 units, and the price that the monopoly would charge is $4.80.
What is monopoly?A monopoly is a market structure in which a single seller or producer has complete control over the supply of a particular good or service in a given market. As a result, the monopolist has significant pricing power and can charge higher prices than would be possible in a competitive market.
In a monopoly market, there are no close substitutes for the monopolized product. These barriers may include things like legal barriers, technological barriers, economies of scale, or control over essential resources.
In the above case, the quantity that the monopolist would produce is 48 units, and the price that the monopoly would charge is $4.80.
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Write an elevator pitch for someone that will start their own beauty salon/barber shop
Answers
An effective technique to introduce your company's goals and pique interest in your goods or services is through an elevator pitch. A compelling pitch will draw in potential.
Product: What does that mean?The object being sold is referred to as a product. A service or even an object both qualify as products. It might take on a physical, virtual, or cyber form. Every product has a cost associated with it, and each one has a price.
Is a remedy a thing?The easiest way to distinguish between a product and a solution is to say that a product is what you have made and what it is capable of. A business outcome who offers your clients quantifiable value is a solution.
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What are the three main categories of a tax return?
A.
allowances, deductions, and income
B.
credits, allowances, and withholding
C.
income, deductions, and credits
D.
allowances, deductions, and credits
Answers
Answer:C.
Explanation:
Explanation:
C.
income, deductions, and credits
In the steady state, investment is ________ and net investment is ________.
c. positive; zero
Answers
Answer:
c. positive; zero
Explanation:
In the steady state, investment is positive and net investment is zero.
A steady-state describes a scenario where the investment level in an economy matches depreciation. New investments increase capital stock. Growth or positive investment is possible where new investments are greater than depreciation. In a steady-state, the net investment is zero because depreciation erodes the value of new investments.
Select the correct answer. When organizing paragraphs within the body of your essay: A. Present the paragraphs in order from most important to least. B. Choose a pattern of organization that will guide the reader through the argument. C. Find the most convincing argument in your outline and present this paragraph first.
Answers
The correct option is B. Choose a pattern of organization that will guide the reader through the argument.
When organizing paragraphs within the body of an essay, it is important to choose a pattern of organization that effectively presents and supports the main argument or thesis statement. This pattern should guide the reader through the logical flow of ideas and evidence.
Option A, presenting paragraphs in order from most important to least, may not always be the most appropriate approach. The significance of each paragraph can vary depending on the specific essay and argument. It is often more effective to arrange paragraphs in a way that builds upon previous points and leads the reader towards a convincing conclusion.
Option C, presenting the most convincing argument first, may also not be the best choice. The order of paragraphs should be determined by the logical progression of ideas rather than the individual strength of each argument. By following a clear pattern of organization, the essay can present a cohesive and coherent argument that is easy for the reader to follow and understand. Hence the correct answer is B. Choose a pattern of organization that will guide the reader through the argument.
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