Water Sports has 14,000 shares of $3 par value common stock outstanding. Lakeside distributes a 5% stock dividend when the market value of its stock is $22 per share.
1. Journalize Lakeside's declaration of the stock dividend on September 15 and distribution on September 30.
2. What is the overall effect of the stock dividend on Lakeside's total assets?
3. What is the overall effect on total stockholders' equity?
Answers
1. The Lakeside's journal entries relating to stock dividend will be Debit Retained Earnings and Credit Common Stock Dividend Distributable with $15,400 on September 15 and Debit Credit Common Stock Dividend Distributable and Debit Common Stock with $15,400 on September 30.
2. The overall effect of the stock dividend on Lakeside's total assets will be no. of outstanding shares will increase by 700.
3. The individual shareholder's equity by increasing the number of shares they hold.
1. Journal Entry:
On September 15, Lakeside would declare the stock dividend by issuing new shares to its existing shareholders. The entry for the declaration of the dividend would be:
Retained Earnings (5% of 14,000 shares * $22 per share) $15,400
Common Stock Dividend Distributable $15,400
(To record the declaration of a 5% stock dividend)
On September 30, the stock dividend would be distributed, and the entry would be:
Common Stock Dividend Distributable $15,400
Common Stock (5% of 14,000 shares * $22 per share) $15,400
(To record the distribution of the 5% stock dividend)
2. The overall effect of the stock dividend on Lakeside's total assets would be zero since there is no cash outflow from the company's resources. However, the number of outstanding shares would increase by 700 (5% of 14,000), which would dilute the value of each share.
3. The overall effect on total stockholders' equity would be an increase in the number of shares issued and outstanding, leading to a reduction in the par value per share. As a result, the total stockholders' equity would remain the same, and the distribution of the stock dividend would not affect the overall value of the company. However, it would impact the individual shareholder's equity by increasing the number of shares they hold.
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Related Questions
At the end of December, the owner of an apartment complex realized that the December rent had not been collected from one of the tenants. December 31 was the end of the accounting year, therefore, the owner made the appropriate adjusting entry at that time. When the December rent was collected in January of the following year, the entry made by the apartment owner should include which of the following? Multiple Choice O debit to Rent receivable. О debit to Rent revenue collected in advance. О credit to Rent revenue. О credit to Rent receivable.
Answers
The entry made by the apartment owner when the December rent is collected in January of the following year should include a credit to Rent receivable.
When the December rent is collected in January of the following year, the apartment owner needs to adjust the accounting records to reflect the collection. Since the rent for December was previously recorded as Rent receivable, which represents the amount owed by the tenant, the entry should credit Rent receivable to reduce the outstanding balance. This indicates that the amount has been collected and is no longer receivable.
The correct entry would also include a debit to Cash or a similar asset account, representing the inflow of cash from the tenant. However, the options provided in the question do not include a debit to Cash, so the most appropriate choice is to credit Rent receivable to reflect the collection.
Therefore, when the December rent is collected in January, the apartment owner should make an entry that credits Rent receivable to reflect the collection and reduce the outstanding balance of rent owed by the tenant.
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the curve here shows the behavior of a new product in a market after its launch and characteristics of different consumers who buy it. what is this concept called? bell curve multiple choice pioneer curve product life cycle strategic adoption curve diffusion of innovation
Answers
the curve here shows the behavior of a new product in a market after its launch and characteristics of different consumers who buy it. The curve is known as product life cycle.
The term "product life cycle" describes the period of time between when a product is released onto the market and when it is taken off the shelves. This idea is taken into consideration by management and marketing experts when determining when it is suitable to enhance advertising, lower pricing, enter new markets, or change packaging. Product life cycle management refers to the practise of planning how to support and sustain a product constantly. An idea for a product is the first step in its development, and given the constraints of contemporary business, it is unlikely to proceed further unless it has undergone research and development (R&D) and been determined to be practicable and potentially profitable. After that, the product is created, promoted, and launched.
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what is the present value of a $750 payment made in three years when the discount rate is 5 percent?.
Answers
The present value of a $750 payment made in three years when the discount rate is 5 percent can be calculated using the present value formula. This formula states that the present value is equal to the future value divided by one plus the interest rate raised to the power of the number of years.
Using this formula, we can calculate the present value of the $750 payment as follows:
PV = $750 / (1 + 0.05)^3
Solving this equation, we get:
PV = $625.57
Therefore, the present value of the $750 payment made in three years when the discount rate is 5 percent is $625.57.
Answer: The present value of a $750 payment made in three years when the discount rate is 5 percent is $625.57. This calculation was done using the present value formula which takes into account the future value, the interest rate, and the number of years. It is important to note that the discount rate is essentially the interest rate used to determine the present value. As the discount rate increases, the present value decreases and vice versa. In this case, the present value is lower than the future value of $750 due to the impact of the discount rate. It is also important to note that the formula can be used for any type of payment or cash flow as long as the future value, interest rate, and number of years are known.
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Programs to increase the energy supply the United States can generate for itself is considered not only good for the economy, but also good for national security. Why do you think energy production falls under the concerns of national security? (Select all that apply.)
The US has limited oil reserves, so we must negotiate with foreign nations for to constantly replenish our inventory of crude oil.
Foreign nations charge too much for oil.
An over reliance on foreign nations for our oil supply makes us vulnerable to their influence and demands.
In the event of a petroleum crisis resulting as an effect of a war among several Middle East nations, the U.S. must have in place alternate sources of energy to prevent an economic crisis within our borders.
Answers
Energy production falls under the concerns of national security because:
C: An over-reliance on foreign nations for our oil supply makes us vulnerable to their influence and demands.
D: In the event of a petroleum crisis resulting from a war among several Middle East nations, the U.S. must have alternate sources of energy in place to prevent an economic crisis within our borders.
National security encompasses various aspects, including economic stability and independence. When a country heavily relies on foreign nations for its energy supply, particularly oil, it becomes susceptible to geopolitical risks, market volatility, and potential disruptions caused by conflicts or political tensions. This reliance can hinder the nation's ability to respond effectively to energy-related crises or exert its influence in global affairs.
By diversifying and increasing the energy supply that the United States can generate for itself, the country can enhance its energy security. Developing alternative energy sources, reducing dependence on foreign oil, and investing in domestic energy production contribute to a more stable and resilient energy infrastructure. This, in turn, helps protect the nation's economy and reduce vulnerability to external factors.
Therefore, the correct options are C and D.
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the state of texas has one of the highest sales tax rates in the nation at 6.25 percent. this – tax can have another – added to it to help fund county and local governments.
Answers
During the 1930s, property values fell, rendering property taxes ineffective revenue sources.
Which state has the highest tax burden, Texas?With a sales tax rate of 6.25 percent, Texas ranks among the highest in the nation.
Why are Texas taxes so high?Texas does not have a state income tax, which is the primary reason why property taxes are so high; It is one of just seven states in the country that does not have one. Instead, there are two main ways we pay for government: property tax and sales tax.
For tax reasons, why do people move to Texas?Texas is without a doubt one of the most tax-friendly states in the nation. In addition to its affordable cities and low cost of living, Texas does not require residents to pay personal income taxes. Instead, it depends on property and sale taxes.
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As of 2017, the poverty gap in the U.S. was roughly Multiple Choice $862 billion. $16 billion. $84 billion. $8.62 trillion.
Answers
The poverty gap represents the difference between the poverty line and the total income of all individuals below that line As of 2017, the poverty gap in the U.S. was roughly Option D: $8.62 trillion
Understanding the concept of the poverty gap is important to grasp the extent of poverty within a country. In this case, we'll focus on the poverty gap in the United States as of 2017. Let's calculate the correct answer from the given options.
To determine the poverty gap, we need to calculate the difference between the poverty line and the total income of individuals below that line. The poverty line is a threshold set by the government to determine the minimum income required for individuals or families to meet their basic needs.
Among the given options, we need to select the one that best represents the poverty gap in the U.S. as of 2017. Let's go through the options one by one.
Option A: $862 billion.
Option B: $16 billion.
Option C: $84 billion.
Option D: $8.62 trillion.
We can eliminate options B and C since both are in the billion-dollar range, and the poverty gap in the U.S. is significantly higher. This leaves us with options A and D.
Now, let's consider option A: $862 billion. This amount seems plausible, but it may not accurately represent the poverty gap. On the other hand, option D: $8.62 trillion, is much higher, indicating a larger poverty gap.
Given the large income disparity and the number of individuals living below the poverty line in the U.S., option D: $8.62 trillion seems more realistic as the poverty gap. Hence, the correct answer is $8.62 trillion.
It's important to note that these figures are based on data from 2017, and the actual poverty gap may have changed since then due to various economic factors.
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One of the underlying assumptions in economics is that people face tradeoffs. The growth that arises from capital accumulation is not a free lunch. It requires that society.
Answers
The increase in productivity that arises from capital accumulation is not a free lunch. It requires that society to consumption of goods and services currently to enjoy better consumption in the future.
What is meant by tradeoffs?
A trade-off is a situational choice where one quality, quantity, or feature of a set or design is diminished or lost in exchange for gains in other areas. In plain English, a tradeoff occurs when one item gets better while another must go worse. When a positive change in one feature is associated with a negative change in another, trade-offs represent the expenses incurred in fitness terms. Without trade-offs, selection would push all features associated with fitness to the boundaries set by evolution and design.
One of the foundational elements of a capitalist economy is capital accumulation, which is defined as a rise in assets as a result of investments or earnings. Whether through appreciation, rental income, capital gains, or interest, the objective is to raise the value of an initial investment as a return on investment.
Hence, The increase in productivity that arises from capital accumulation is not a free lunch. It requires that society to consumption of goods and services currently to enjoy better consumption in the future.
The complete question is,
One of the Ten Principles of Economics in Chapter 1 is that people face tradeoffs. The increase in productivity that arises from capital accumulation is not a free lunch. It requires that society
a. conserve resources for future generations.
b. recycle resources so that future generations can produce goods and services with the accumulated capital.
c. sacrifice consumption of goods and services now in order to enjoy more consumption in the future.
d. None of the above is correct.
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If finland enjoys comparative advantage in the production of fish products compared with its trading partners. What does it imply
Answers
Answer:
It implies that Finland is able to meets its demand for fish products on its own
Explanation:
This simply means that Finland is able to efficiently meets is demand for fish product domestically and hence it need not to depend on its trading partners. Thus, It has an advantage to negotiate well for the export and import of other commodities and services.
This also means that productivity of Finland is high which could be due to higher labor productivity rate or efficient aquaculture practices and production mechanism.
Explain in detail two engagments. ASAP
Answers
Answer:
easy a
Explanation:
easy a
Mrs. Jones always wanted a white picket fence in front of her house. Mr. Jones, her husband, wants a fence around the entire house including a decently-sized lawn in the front and a garden in the back. The fence border should look like a rectangle (see picture above). He calculated that he would need to fence off an area of 4,000 square feet in order to fit all these things. He wants to appease his wife and at least build the white picket fence in front of the house. He plans to build the rest of the fence with chain link, a cheaper material. Given that a white picket fence costs $7 per foot and a chain link fence costs $4 per foot, what dimensions for the entire area will give the cheapest cost for the entire fence
Answers
Answer:
The dimensions for the entire area will give the cheapest cost for the entire fence are 40 feet in front, 100 feet on each side, and 40 feet on bottom.
Explanation:
Since Mrs. Jones always wanted a white picket fence in front of her house, and Mr. Jones, her husband, wants a fence around the entire house including a decently-sized lawn in the front and a garden in the back, and the fence border should look like a rectangle, and I have calculated that he would need to fence off an area of 4,000 square feet in order to fit all these things, and he wants to appease his wife and at least build the white picket fence in front of the house, and he plans to build the rest of the fence with chain link, a cheaper material, given that a white picket fence costs $ 7 per foot and a chain link fence costs $ 4 per foot, to determine what dimensions for the entire area will give the cheapest cost for the entire fence, the following calculation should be performed:
Area of a rectangle = base times height = Z x Y = 4,000
80 x 50 = 4,000
40 x 100 = 4,000
20 x 200 = 4,000
20 x 7 x 2 + 200 x 4 x 2 = X = 280 + 1600 = 1880
40 x 7 x 2 + 100 x 4 x 2 = X = 560 + 800 = 1360
80 x 7 x 2 + 50 x 4 x 2 = X = 1120 + 400 = 1520
Therefore, the dimensions for the entire area will give the cheapest cost for the entire fence are 40 feet in front, 100 feet on each side, and 40 feet on bottom.
What part of Capitalism is naturally made for low prices and high quality?
Answers
The part of Capitalism is naturally made for low prices and high quality which is the competition with other businesses.
The relevant parts of capitalism are made naturally to meet high quality and low price as well. In a capitalist society, people are free to work in any occupation they want and can start their own businesses with their own real estate, machinery, and other assets. They are free to run their company however they see fit, and competition with other companies encourages lower prices and innovation.
A common conception of capitalism is an economic system where private actors own and control property according to their interests and where supply and demand freely determine market prices in a way that can best serve society.
In a capitalist economy, the means of production are owned by private organizations. Entrepreneurship, capital goods, natural resources, and labor make up the four factors. Through businesses, owners of capital assets, natural resources, and entrepreneurship exercise control.
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Explain Jodi's self esteem throughout Tall Girl? Movie
Answers
Answer:
Poor
Explanation:
Jodi is very self-concious about her height. She thinks that it makes her different than other "normal" people among her peers, or even inferior to more feminine, smaller girls.
Answer:
Explanation:
'Tall Girl' Review: A Ridiculous Take on the Teenage Self-Love Narrative ... This week, we gave our group of interns a challenge: pick a movie from ... narrates Jodi (Ava Michelle) as she towers over a high school hallway in Tall Girl. ... Pain is relative, but Tall Girl treats Jodi's height as if it were the end-all,
Elise works in New York and developed a geothermal project that was opening in Atlanta. She noticed the project is due next week and is not complete. She had to quickly go to Atlanta to put the finishing touches on the project. Which qualifications are best being used by Elise to complete her job? O willingness to travel and mechanical knowledge O knowledge of geography and physical stamina O customer service and mechanical knowledge O stress management and willingness to travel
Answers
Answer: stress management and willingness to travel
Explanation:
Based on the scenario described in the question, Option A and C are both wrong as she doesn't need mechanical knowledge. Mechanical knowledge has to do with one's ability to be able to understand and use tools. She also doesn't need customer service as she isn't attending to customers or anyone.
Since she had to quickly go to Atlanta to put the finishing touches on the project, what she needs is her ability to manage stress and also her willingness to travel.
Answer:
D, Stress management and willingness to travel.
Explanation:
Edge 2020 <3
Your client, Judy, with a credit score of 620, has been approved for an FHA loan for a home with a sales price of $200,000. What is the minimum down payment that will apply
Answers
Answer:
0
Explanation:
You are the CFO of a relatively young public company that was established 5 years ago. Your firm has not been paying any dividends during this time and instead been using all internally generated funds for reinvestment and growth. You are preparing for a meeting with the CEO and the Board of Directors in which the main item on the agenda is about whether the company should now start paying dividends or whether it should continue to reinvest the funds. You have a strong preference for the latter. That is to say, you do not believe that the company should start paying dividends just yet. Write up a memo that outlines your position on this matter and contains your recommendation backed by appropriate justification. (15 points)
Answers
MemoTo: CEO and Board of DirectorsFrom: CFOSubject: Reinvestment of FundsDate: [insert date]I am writing to outline my position on the matter of whether our company should start paying dividends or continue reinvesting funds. I strongly recommend that we continue to reinvest all internally generated funds for growth and expansion.The reason for my recommendation is that our company is still relatively young, having been established only five years ago. We have been reinvesting all funds to grow and expand our company. To stop doing so now would be to undermine our progress and limit our potential growth in the future.
While paying dividends may be desirable in the short term, it will not contribute to long-term growth. Dividends are a fixed cost, which could limit the amount of capital that we can reinvest in the company.As the CFO, I am aware that paying dividends is an important part of shareholder returns. However, I strongly believe that our shareholders would prefer long-term growth and stability, rather than immediate gains. Our company's success will ultimately benefit our shareholders more in the long run, as it will increase the value of their investment in our company. Therefore, I recommend that we continue to reinvest all internally generated funds in our company’s growth and expansion. We can always review this decision in the future when our company is in a better financial position and has more resources to meet the demands of both dividends and reinvestment.
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If there is a large supply of a product, then production would be
decreased
increased
the same
none of the above
Answers
What is true about the length of a loan’s term?
(1 point
Answers
The length of loan's term refers to the period of time over which the borrower is expected to repay the loan.
What is a loan?A loan is a sum of money that is borrowed from a lender with the agreement that it will be repaid with interest over a set period of time. Loans are often used to finance large purchases, such as a home, car, or business venture, that an individual or organization cannot afford to pay for upfront. The terms of the loan agreement include the loan amount, interest rate, repayment schedule, and any additional fees or penalties. The lender may require collateral, such as property or assets, to secure the loan in case the borrower is unable to repay it. Loans can be obtained from banks, credit unions, online lenders, or other financial institutions, and the specific terms and requirements vary depending on the lender and the type of loan.
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(Related to Checkpoint 9.3) (Bond valuation) Calculate the value of a bond that matures in 14 years and has a $1,000 par value. The annual coupon interest rate is 9 percent and the market's required yield to maturity on a comparable-risk bond is 11 percent. The value of the bond is $ (Round to the nearest cent)
Answers
Given the following details:
Par value ($1000)
Annual coupon interest rate (9%)
Time to maturity (14 years)
Yield to maturity on comparable-risk bond (11%)Using the bond valuation formula, we can calculate the bond value:
Bond value = C * [1 - (1+r)^-t]/r + FV/(1+r)^t
where, C is the coupon payment
FV is the face value of the bondr is the required rate of returnt is the time to maturity
Substituting the values in the above formula, we have;
Bond value = $90*[1-(1+0.11)^-14]/0.11 + 1000/(1+0.11)^14=$662.71(rounded to the nearest cent).
Therefore, the value of the bond is $662.71.
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The basic function of marketing research is:___________
a. to conduct surveys and analyze results.
b. to gather information needed to help managers make better decisions.
c. to monitor market trends and developments.
d. All of these are correct.
e. to gather intelligence on competitors.
Answers
The basic function of marketing research is to gather information needed to help managers make better decisions.
Hence, option b is correct.
What is Marketing research?Marketing research is a process of gathering information about the target market and customers interest in the product or service.
What is Gather information?Gather Information means collecting information about something.
What do yo mean by better decisions?Better Decisions generally relates to the good decision that give the best outcome.
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a career style assessment model used as a strategy to help clients identify subjective themes that guide their career development has been developed by
Answers
One career style assessment model that has been developed to assist clients in identifying subjective themes that guide their career development is the Career Styles Inventory (CSI).The model was first introduced by W. Bruce Walsh and Samuel H.
One career style assessment model that has been developed to assist clients in identifying subjective themes that guide their career development is the Career Styles Inventory (CSI).The model was first introduced by W.Bruce Walsh and Samuel H.Osipow in 1995 and has since been revised to make it more relevant to the contemporary workforce.The Career Styles Inventory (CSI) is an assessment tool that is designed to identify the primary career style of an individual and provide feedback that can be used in career decision-making and planning.
The assessment is grounded in the theory of work adjustment, which postulates that there is a fit between an individual's abilities, interests, and values and the demands of the work environment.According to the CSI model, there are six primary career styles, including the realistic, investigative, artistic, social, enterprising, and conventional career styles. The assessment tool measures an individual's level of interest, aptitude, and preference for each of these career styles.The CSI is structured in such a way that it identifies the individual's dominant career style and provides feedback that can be used to develop a career action plan.
The feedback report is based on the individual's scores on the assessment and provides recommendations for occupational areas that would be a good fit based on their career style.The Career Styles Inventory (CSI) is a useful tool for career development professionals to use with clients because it provides a framework for identifying career themes that are relevant to the individual's needs and aspirations. Additionally, it helps to promote self-awareness, which is a critical factor in making informed career decisions.
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All taxpayers can make tax payments using a direct debit from their bank account.
True
False
Answers
Answer:
false
Explanation:
The government wants to reduce water pollution (E) from a tannery. Currently, such abatement is very expensive, but engineers believe that a new cheaper technology is feasible. The current marginal abatement cost curve (MAC1) and potentially-lower MAC curve (MAC2) for a single typical source (with current emission levels at Eg 200) are: MAC 1 = 200-E MAC2-100-E2 Suppose the government sets an emission standard at E 100. What is the maximum the firm would be willing to pay to develop the new technology? (Assume that there is no ratchet effect) suppose the government instead establishes an emission tax of t* = 100, what is the maximum the firm would be willing to pay to develop the new technology? (Assume that there is no ratchet effect)Previous question
Answers
The maximum the firm would be willing to pay to develop the new technology is $10,000 in the first scenario where an emission standard is set and would depend on the present value of the stream of savings in the second scenario where an emission tax is imposed.
To start, we need to understand the concept of marginal abatement cost curves (MAC curves).
These curves represent the cost of reducing pollution by one unit. MAC1 is the current cost of abatement, and MAC2 represents the potentially lower cost with new technology.
Now, let's focus on the first part of the question.
The government has set an emission standard at E=100, which means that the tannery must reduce its pollution levels to this point.
The maximum the firm would be willing to pay to develop the new technology would be the difference between the two MAC curves at E=100.
So, using the given equations, we can plug in E=100 and find the difference between MAC1 and MAC2.
MAC1 = 200 - E = 200 - 100 = 100
MAC2 = 100 - E^2 = 100 - 10000 = -9900
The difference between the two curves at E=100 is 100 - (-9900) = 100 + 9900 = 10000.
This means that the maximum the firm would be willing to pay to develop the new technology is $10,000.
Now, let's move on to the second part of the question.
The government has established an emission tax of t* = 100, which means that the tannery must pay $100 for every unit of pollution it emits.
The maximum the firm would be willing to pay to develop the new technology in this scenario would be the amount it would save in abatement costs by using the new technology.
To find this amount, we need to calculate the abatement cost at E=100 under both MAC1 and MAC2.
MAC1 = 200 - E = 200 - 100 = 100
MAC2 = 100 - E^2 = 100 - 10000 = -9900
Abatement cost at E=100 under MAC1: 100
Abatement cost at E=100 under MAC2: -9900
So, by using the new technology, the firm could save $10,000 in abatement costs for every unit of pollution it emits.
This means that the maximum the firm would be willing to pay to develop the new technology is equal to the present value of this stream of savings.
This would depend on a variety of factors, such as the expected lifespan of the technology and the discount rate used to calculate the present value.
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Which of the following is NOT one of the "extremities" of international traveler preferences?
A. Order-disorder
B. Familiarity-novelty
C. Pleasurable-distasteful
D. Relaxation-activity
E. Dependence-autonomy
Answers
D. Relaxation-activity is NOT one of the "extremities" of international traveler preferences.
The extremities of worldwide traveler preferences discuss the alternative ends of a spectrum alongside which tourists' options may be positioned. These extremities assist describe and apprehend the variety of choices that travelers have.
A. Order-disorder: This refers back to the choice for prepared and dependent journey studies (order) as opposed to greater spontaneous and flexible studies (disorder).
B. Familiarity-novelty: This represents the choice for visiting acquainted and famous locations (familiarity) as opposed to searching out new and strange locations (novelty).
C. Pleasurable-distasteful: This suggests the desire for enjoyable and pleasurable reports (enjoyable) versus fending off unpleasant or distasteful conditions (distasteful).
E. Dependence-autonomy: This displays the desire for counting on others and guided experiences (dependence) as opposed to in search of independence and having manipulation over one's tour picks (autonomy).
The alternative D. Relaxation-hobby does now not match the concept of extremities in visitor alternatives. While relaxation and attraction in activities are critical elements of a tour, they no longer represent contrary ends of a spectrum or extremities of traveler options in an identical way as the alternative alternatives.
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The call options with an exercise price $49 and one-year
to expiration is available. The market price of underlying stock is
currently $42, but this market price is expected to either decrease
to $52
Answers
When looking at call options with an exercise price of $49 and one year expiration, one should consider the current market price of the underlying stock. In this case, the market price of the underlying stock is currently $42.
However, the expectation is that this market price will decrease to $52 in the future. This presents an opportunity to make a profit due to the difference in prices. If you purchase the call option at the current market rate of $42 and the underlying stock price decreases to the expected rate of $52, a potential profit could be made.
This is because upon expiration of the call option, if the underlying stock price is above the strike price of $49, the option holder earns a profit equal to the difference in the underlying stock price and the exercise price of $49. Therefore, it is important to consider the future price of the underlying stock and the potential profit when assessing and utilizing call options.
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Correct question is :
The call options with an exercise price $49 and one-year to expiration is available. The market price of underlying stock is currently $42, but this market price is expected to either decrease to $52. explain.
Brothers Tim and Jim Shanton have asked you, their financial advisor, to settle a friendly quarrel between them. Tim argues that a Roth IRA and a traditional IRA are actuarially equivalent if $4,000 is available for investing on a before-tax basis, contributions to the traditional IRA are deductible, tax rates are expected to stay the same, and both have the same interest rates. So, it makes no difference which vehicle one uses to save for retirement. Jim insists that a Roth IRA is the better investment. You tell them
a. Tim is wrong; the tax deduction available for a traditional IRA allows more money to work for the contributor
b. Jim is wrong; at least for some low income individuals, the traditional IRA is a better investment because of their relatively lower tax rates
c. Tim is right; the two investments are equivalent in every respect when considered at the end of an investment horizon at least 10 years long
d. Jim is right; the ability to make tax-free withdrawals from Roth IRA gives a greater return even when contributions and interest rates are equivalent over time
e. both are right; the two investments are actuarially equivalent, but absence of a minimum distribution date and more liberal penalty-free withdrawal options may make the Roth IRA more attractive
Answers
Answer: E. both are right; the two investments are actuarially equivalent, but absence of a minimum distribution date and more liberal penalty-free withdrawal options may make the Roth IRA more attractive.
Explanation:
First and foremost, actuarially equivalent simply means a benefit that is of equivalent value, but which has a different payment form to a specified benefit.
From the information that's given in the question, we can deduce that both of them are right as the two investments are actuarially equivalent, but there's an absence of a minimum distribution date and more liberal penalty-free withdrawal options may make the Roth IRA more attractive.
Therefore, the correct option is E.
Click this link to view O*NET’s Tasks section for Municipal Firefighters. Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom. According to O*NET, what are some common tasks performed by Municipal Firefighters? Check all that apply. directing traffic at accident sites analyzing evidence of criminal activity guarding crime suspects until they can be arrested searching burning buildings to locate victims rescuing victims from burning buildings and accident sites administering first aid and cardiopulmonary resuscitation to help injured people
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Answer:
it's D E F
Explanation:
Answer:
i got abd on edg
Explanation:
this course contains a course project, where you will be required to submit one draft of the project at the end of week 6, and the final
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In this course, students will have the opportunity to work on a course project that will span several weeks. The project will involve submitting a draft at the end of week 6 and a final version.
The purpose of the project is to allow students to apply the knowledge and skills they have acquired throughout the course to a real-world scenario or problem.
It will provide an opportunity for students to demonstrate their understanding of the course material, critical thinking abilities, and ability to analyze and solve problems. The project will be a significant component of the course and will contribute to the overall assessment and evaluation of students' performance.
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This question is not complete, Here I am attaching the complete question:
Explain this article "this course contains a course project, where you will be required to submit one draft of the project at the end of week 6, and the final."
ж I NEED HELP!
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Q. Imagine you are a fashion designer. Research on how to start your own fashion clothing brand.
Write down the process you need to follow to start your own fashion clothing brand.
Think about the conditions one has to meet to ensure the quality of the clothes (manufacturing and the cost of clothes).
If possible draw the flow chart to describe the steps, which will be taken by the fashion designer (or you) in making a decision.
I might give Brainliest to the one who answers correctly along with the flow chart.
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The process you need to to start a fashion clothing brand.
Fist step is to recognized the fashion need in the market. Create your business plan. Know your specific audience. Start drawing and then designing the clothlook for a good clothing makerChoose and Make a brand name, logo, etc.Set a target price and start marketing/distribution process..What is Clothing Brand?This is known to be that key Identification that pertains to a given Manufacturer and it is one that is only used in the line of business such as manufacturing, distributing, etc., of clothes.
Note that by flowing the steps above, one can make a great fashion brand in the long run.
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Question 21 (2.17 points) True or False? Outcome evaluation documents how the program got started. 1) True 2) False Question 22 (2.17 points) True or False? Immediate outcomes for mass media might include changes in individual behavior and enactment of policies. 1) True 2) False Question 24 (2.17 points) Which of the following is not considered a potential audience for workplace wellness programs? 1) The "business case" from the perspective of business leaders 2) The employee 3) The "planners, implementers, and evaluators" of workplace programs 4) Local gyms Question 25 (2.17 points) True or False? The practice of "CulturalCare" seeks to assimilate patients into the culture of clinical care. 1) True 2) False
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Question 22: 1) True
Question 24: 4) Local gyms
Question 25: 2) False
Question 22:True. Outcome evaluation does document how the program got started, as it focuses on the initial processes, inputs, and activities that contributed to the program's development.
Question 24:
The potential programs include: 1) The "business case" from the perspective of business leaders, 2) The employee, and 3) The "planners, implementers, and evaluators" of workplace programs. Local gyms, however, are not considered a potential audience for workplace wellness programs.
Question 25:False. The practice of "CulturalCare" does not seek to assimilate patients into the culture of clinical care. Instead, it aims to promote culturally competent healthcare by acknowledging and respecting the diverse cultural backgrounds and values of patients.
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why is it important to protect profit motive in a mixed economy
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Answer:
A company's profit motive benefits consumers by ensuring the products and services they need are available at a high quality.
Explanation:
I looked it up, cause I don't know much about this stuff, but I hope it helps you!