This economy would generate 80 dryers and 0 washers if it focused all of its resources on producing dryers.
An economy is a complex system of interrelated production, consumption, and exchange activities that ultimately determines how resources are allocated among all the participants. The production, consumption, and distribution of goods and services combine to fulfill the needs of those living and operating within the economy.
An economy may represent a nation, a region, a single industry, or even a family. An economy encompasses all of the activities related to the production, consumption, and trade of goods and services in an entity, whether the entity is a nation or a small town. So, this economy would generate 80 dryers and 0 washers if it focused all of its resources on producing dryers.
Learn more about economy here
https://brainly.com/question/2421251
#SPJ4
1. Define Trade, Import and Export
2. List items the U.S. imports and exports.
Answer:
food and clothing
Explanation:
import is to bring things from a different country for sale. export is to give things to a different country or place for sale. trade is to transfer or exchange something from a different country.
~PLEASE HELP~
Why is it important to develop an idea of your potential career cluster now?
Answer:
It is important for you to get a idea what you would to be in because it is going to help you understand your purpose in life. It is going to help you choose the right college for you.
Explanation:
help!!!
Scenario:
Wanda knows that she is going to incur increased costs if she expands her business. She is concerned about the impact these costs will have on her profit margin and the long-term sustainability of the business.
Currently, Wanda buys free-range chickens and bison and lamb that are fed only non-GMO feed, but this costs her almost 50 percent more than some other sources. Wanda is confident that she could still provide a high-quality product while reducing the cost of her ingredients.
The problem is that the Salty Pawz Web site and all of the product labels contain information about how her products use free-range chickens and animals not fed with GMOs.
Wanda is concerned about whether she can ethically switch ingredients without informing her customers and changing her labels. The dogs will still be getting treats that are healthier than mass-produced ones, and the chances of anyone finding out about the switch are slim.
Should Wanda be worried about deciding to use cheaper ingredients to make her dog treats?
Your Task:
Explain the ethical considerations involved in moving from free-range, sustainable, non-GMO ingredients to cheaper ingredients that still make a good product without informing Wanda's customers.
What is your advice to her concerning this decision, both for and against swapping out the higher-cost ingredients for something cheaper?
Since the treats are being fed to animals, does Wanda have the same ethical responsibilities to her customers that she would have if she were making treats for human consumption?
Even if Wanda printed all those labels, she still needs to let the customer know that some of the ingredients have changed. If she still decides to put the old label on the new treat.
What is long-term corporate sustainability?Sustainability is a business approach to creating long-term value by considering how a particular organization functions in the environmental, social and economic environment. Sustainability is based on that developing these strategies enhances the company's life.
Which factors have greatest impact on company's sustainability?These results show that the factors that influence corporate sustainability include the following five factors: Shared leadership, innovation, economic factors, corporate governance, shared value creation.
How does sustainability affect profitability?Sustainable profitability of a business means that an organization provides services or products that are profitable and environmentally friendly. Companies that proactively plan for climate change achieve an 18% higher return on investment (ROI) than those that don't.
To learn more about Sustainability in business visit:
https://brainly.com/question/29850188
#SPJ1
A new parent-focused website is adding a blog to attract readers. Which of the following elements are likely to be discussed at the project plan approval meeting?
a.)
The editing guidelines document for the new blog
b.)
Preferred methods for communicating schedule changes
c.)
A list of topics that will be covered each week in the new blog
d.)
A review of the number of days assigned to testing the changes to the website
Answer: d
Explanation: :()
PLEASE HELP MEE 50 Pts
Question: What are the local, state, and federal taxes for a healthcare business?
Answer:
Is health care federal state or local?
The U.S. Department of Health and Human Services is the federal government's principal agency involved with health care services. The states cofund and administer their CHIP and Medicaid programs according to federal regulations. (goo gle)
Explanation:
hope this helps
When you put a check you received in the bank, you have immediate access to the money.
True or False.
Answer:
this is true hope this helps
Explanation:
What is a disadvantage to online
banking?
security breaches can
happen and compromise
your personal information
it makes you use your
computer
it prevents you from
having to go to the
ATMto deposit
money
it is convenient
One major disadvantage of online banking is the potential for security breaches and the compromise of personal information. Since online banking involves transmitting sensitive information over the internet, such as account numbers, passwords, and social security numbers, there is always a risk of that information being intercepted by hackers or other unauthorized individuals.
Additionally, online banking may require the use of a computer or mobile device, which can be inconvenient for those who do not have easy access to such devices or who prefer to conduct their banking in person. Finally, while online banking may be convenient for many people, it does not allow for the same level of personal interaction with bank representatives as traditional banking methods, which can be a disadvantage for those who prefer to have a more personalized banking experience.
any business ideas u guys want to do in the future?
Explanation:
I would like to be a pathologist because they peform autospys which is when they figure out how a person died or a paramedic
A borrower can obtain an 80 percent loan with an 9 percent interest rate and monthly payments. The loan is to be fully amortized over 25 years. Alternatively, he could obtain a 95 percent loan at an 9.5 percent rate with the same loan term. The borrower plans to own the property for the entire loan term.
Required:
a. What is the incremental cost of borrowing the additional funds? (Hint: The dollar amount of the loan does not affect the answer.)
b. What is the incremental cost of borrowing the additional funds if 2 points were charged on the 95 percent loan?
c. What is the incremental cost of borrowing the additional funds if the borrower planned to own the property for only five years?
a. To calculate the incremental cost of borrowing the additional funds, we need to compare the total cost of the two loan options over the 25-year term.
For the first option, with an 80 percent loan at a 9 percent interest rate, we can use an online mortgage calculator to determine that the monthly payment will be $1,581.23. Over 25 years, the total amount paid in principal and interest will be $474,368.17.
For the second option, with a 95 percent loan at a 9.5 percent interest rate, we can again use a mortgage calculator to determine that the monthly payment will be $1,497.87. Over 25 years, the total amount paid in principal and interest will be $449,360.59.
The difference between the two total costs is $24,007.58, which represents the incremental cost of borrowing the additional funds.
b. If 2 points were charged on the 95 percent loan, this means that the borrower would have to pay 2 percent of the loan amount as a fee upfront. This would increase the cost of the loan.
Assuming that the loan amount is $100,000 (since the dollar amount of the loan does not affect the answer), the fee would be $2,000. This increases the total cost of the loan to $451,360.59.
The difference between the total cost of the revised second option and the total cost of the first option is now $22,992.42. This represents the incremental cost of borrowing the additional funds with a 2-point charge on the loan.
c. If the borrower planned to own the property for only five years, the total cost of each loan option would be significantly lower since the loan would not be fully amortized over 25 years.
Using a mortgage calculator, we can determine that the total cost of the first option over five years would be $119,273.66, while the total cost of the second option would be $123,523.31.
The difference between the two total costs is $4,249.65, which represents the incremental cost of borrowing the additional funds over a shorter ownership period.
Learn more about borrowing here:
https://brainly.com/question/29550173
#SPJ11
The barber of Town shaves all men living in the town. No man living in the town is allowed to shave himself. The barber lives in that town. Who then shaves the barber of the town?
Answer:
or another man cus u said no man can do it himself so that must mean every other man is a barber right???
Explanation:
Accenture is helping a large retailer transform their online sales and services. The Data Analyst audits the client's customer journey and maps out the kind of data they need to collect at each touch point. How does this help the client achieve their objectives?
Answer: a. by updating their sales platform and adding new features
Explanation:
a. by updating their sales platform and adding new features
b. by shifting the focus away from the customer and towards new products or services
c. by identifying products that are poor sellers and removing them from the inventory
d. by increasing their customer knowledge and leveraging that information to improve customer experience.
From the question, we are informed that the data analyst audits the client's customer journey and then maps out the kind of data they will need to collect at every touch point.
This helps the client to achieve their objectives by updating their sales platform and adding new features. This is because we are informed at first that Accenture wants to help the retailer transform their online sales and services.
Accenture was created for helping clients in becoming cloud first business. Accenture extends technology sevices to its clients by brings together the capabilities and industry knowledge at one place.
Accenture helps the clients in transforming their online sales and services by mapping out the customer journey and the data they need to collect at the touch points.This is done after the audit of data of the client by data analyst.
Helping clients in achieving objectivesAccenture can help its clients by updating and analysing their sales platform and adding new and useful features to it which will help the clients in achieving objectives.
Therefore accenture can help in this manner to its clients in increasing and transforming their online sales.
Learn more about Accenture here:
brainly.com/question/25523572
a. by updating their sales platform and adding new features
Explanation:
a. by updating their sales platform and adding new features
b. by shifting the focus away from the customer and towards new products or services
c. by identifying products that are poor sellers and removing them from the inventory
d. by increasing their customer knowledge and leveraging that information to improve customer experience.
From the question, we are informed that the data analyst audits the client's customer journey and then maps out the kind of data they will need to collect at every touch point.
This helps the client to achieve their objectives by updating their sales platform and adding new features. This is because we are informed at first that Accenture wants to help the retailer transform their online sales and services.
A government will likely ____________________________ to encourage investment in technology r&d by private firms
A government will likely implement fiscal policy establishing tax incentives to encourage investment in technology R&D by private firms.
Fiscal policy is the use of public expenditure and taxation to affect the economy, particularly macroeconomic conditions. These include employment, inflation, economic expansion, and the total demand for goods and services.
The government may reduce tax rates or boost spending during a recession to boost demand and the economy. On the other hand, it can increase rates or reduce spending to slow down the economy in order to battle inflation.
Monetary policy, which is implemented by central bankers rather than elected government officials, is sometimes contrasted with fiscal policy.
John Maynard Keynes, a British economist, is primarily credited with influencing U.S. fiscal policy (1883-1946). He contended that the absence of the aggregate demand components of corporate investment and consumer spending is what causes economic recessions.
To know more about fiscal policy:
https://brainly.com/question/27250647
#SPJ4
A store sells apples for $2.59 per pound. how many grams of apples can be purchased with $23.00?
With $23.00, you can purchase approximately 4022.40 grams of apples.
To determine the number of grams of apples that can be purchased with $23.00, we need to convert the price per pound to price per gram.
Since there are approximately 453.59 grams in a pound, we can calculate the price per gram by dividing the price per pound ($2.59) by 453.59. This gives us the price of approximately $0.0057 per gram.
To find the number of grams that can be purchased with $23.00, we divide $23.00 by the price per gram ($0.0057). This results in approximately 4022.40 grams of apples that can be purchased.
Learn more about price per gram here:
https://brainly.com/question/29381427
#SPJ11
The number of private investigators is expected to increase from 52,000 in 2006 to 61,000 in 2016. If there are 648,982 police officers in 2006, how many police officers must there be in 2016 to have a greater percent increase than that of private investigators? a. 657,983 b. 761,307 c. 671,128 d. 713,180 Please select the best answer from the choices provided A B C D.
The number of police officers in 2016 to have a greater percent increase than that of private investigators will be 761,307.
How to calculate percentage increase?Given:
Private investigators in 2006 = 52,000
Private investigators in 2016 = 61,000
The percentage increase in the number of private investigators can be calculated as:
\(\begin{aligned} \rm Percentage\:increase\ &= \dfrac{Increase\:in\:Private \:investigators\:from\:2006\:2016}{Private\: investigators\:in\:2006}\times 100\\\\&= \dfrac{61,000 - 52,000}{52,000}\times 100\\\\&=\dfrac{9,000}{52,000}\times 100\\\\&= 17.30\% \end\)
The increased number of police officers can be calculated as;
\(\begin{aligned} \rm Police\:officers\:in\:2016 &= Police\:officers\:in\:2006 + 17.30\%\\\\&= 648,982 + 17.30\%\\\\&= 761255.886\end\)
Since the percentage increase in the number of officers is more than that of private investigators. The number of police officers will be 761,307.
Hence the correct option is b.
Learn more about the topic here:
https://brainly.com/question/13103996
Multiple packaging is a. the most effective type of packaging for decreasing demand. b. likely to increase demand. c. the same as family packaging. d. likely to decrease serving size.
Answer:
b.
Explanation:
Likely to increase demand.
An analysis of the accounts of Sunland Company reveals the following manufacturing cost data for the month ended June 30,2020 . Costs incurred: raw materiak purchases $58,550, direct labor $50,090, manufacturing overhead $22,020. The specific overhead costs were: indirect labor $5,660, factory insurance $4,300, machinery depreciation $4,130, machinery repairs $2,670, factory utilities $3,400, and miscellaneous factory costs $1,860. Assume that all raw materials used were direct materials. (a) Prepare the cost of goods manufactured schedule for the month ended June 30,2020 .
Cost of Goods Manufactured Schedule for the Month Ended June 30, 2020:Cost of Direct MaterialRaw Material Purchases$58,550Less: Raw Material Inventory (Beginning)$2,500.
Add: Raw Material Inventory (Ending)$5,500Direct Material Used$61,550Cost of Direct Labor$50,090Manufacturing OverheadIndirect Labor$5,660Factory Insurance$4,300Machinery Depreciation$4,130Machinery Repairs$2,670Factory Utilities$3,400Miscellaneous Factory Costs$1,860Total Manufacturing Overhead$21,020Total Manufacturing Cost$132,660Add:
Work in Process Inventory (Beginning)$12,500Less: Work in Process Inventory (Ending)$15,500Cost of Goods Manufactured$129,660The Cost of Goods Manufactured (COGM) schedule summarizes all of the costs of producing goods or services for a specific accounting period, including direct materials, direct labor, and manufacturing overhead expenses.
The COGM provides a summary of the production costs during a period and is used to calculate cost of goods sold (COGS) in the income statement. The COGM formula is as follows:Beginning Work in Progress Inventory+ Total Manufacturing Costs- Ending Work in Progress Inventory= Cost of Goods ManufacturedBased on the information provided, the calculation of cost of goods manufactured for Sunland Company for the month ended June 30, 2020, is shown above.
To know more about Work visit:
https://brainly.com/question/18094932
#SPJ11
Part A:
On December 1, 2021, Källgren Inc. borrowed $420,000 from Simmonds Credit Union for nine (9) months at 8% annually, payable on the 1st of every month. The company has a December 31 year end. Which of the following statements is true? Show your work.
a) No entry would be made to interest expense until the end of the loan period, at the end of the nine months
b) The company would record a Dr. to Interest expense and a Cr. to Interest payable of $3,733.33 on December 31, 2021
c) The company would record a Dr. to Interest expense and a Cr. to Cash of $3,733.33 on January 1, 2022
d) The company would record a Dr. to Interest expense and a Cr. to Cash of $2,800 on January 1, 2022
e) The company would record a Dr. to Interest expense and a Cr. to Interest payable of $2,800 on December 31, 2021
The company would record a Dr. to Interest expense and a Cr. to Interest payable of $2,800 on December 31, 2021, which is truly among the given statements. The correct option is e.
To calculate the interest expense for the month of December, we need to first calculate the monthly interest rate. The annual interest rate is 8%, which means the monthly interest rate is 8%/12 = 0.67%.
The interest expense for December can be calculated as:
Interest expense = Loan amount x monthly interest rate
= $420,000 x 0.67%
= $2,814
Since the loan was taken on December 1, 2021, and the company has a December 31 year-end, the interest expense for December needs to be recorded on December 31, 2021. The entry would be:
Dr. Interest expense of $2,814
Cr. Interest payable $2,814
Therefore, option e) is the correct answer.
Learn more about Interest rates: https://brainly.com/question/25720319
#SPJ11
If a country's birth rate is 15 per 1,000 population per year and the death rate is 10 per 1,000 population per year, what is
the annual population growth rate?
5 per 1,000
10 per 1000
15 per 1,000
25 per 1,000
4. How do dependent tasks differ from primary tasks?
Answer:
The answer is below
Explanation:
Dependent task is a term used to describe a type of task that is associated with the main or independent task under a particular scope of work. It is usually a sub-task of the whole task that needs to be executed.
On the other hand, a Primary task is a term used to describe a type of task that takes the center stage or the major task with priority. It takes the largest or most resources in its execution.
Artificial intelligence is being applied across several industries. discuss application of ai and their purpose 1 agriculture 2 health 3 business 4 education
Artificial intelligence (AI) is being increasingly used in various industries due to its ability to learn, analyze, and make predictions based on large amounts of data. Here are some of the applications of AI in agriculture, health, business, and education.
Agriculture: The agriculture industry has started implementing AI technology to improve crop yields, reduce waste, and optimize resource management. With the help of AI, farmers can analyze data such as weather patterns, soil conditions, and crop yields to make more informed decisions. AI-powered robots can also be used for tasks such as planting, weeding, and harvesting.
Health: AI has the potential to revolutionize healthcare by improving patient outcomes and reducing costs. In diagnostics, AI can analyze medical images, detect abnormalities, and help doctors make more accurate diagnoses. AI algorithms can also predict disease progression and help with personalized treatment plans. In addition, chatbots and virtual assistants can help patients with basic medical advice and appointments. Business: AI can be used in various ways in businesses to streamline operations, improve customer experience, and increase profitability. Chatbots and virtual assistants can help with customer service, while predictive analytics can be used to optimize supply chain management and inventory levels. AI algorithms can also be used for fraud detection and prevention, risk assessment, and personalized marketing. Education: AI has the potential to transform the education industry by improving teaching and learning experiences. AI-powered chatbots can provide personalized tutoring and support to students, while virtual reality and gamification can make learning more engaging and interactive. AI can also be used to analyze student data and provide personalized feedback to teachers to improve instruction. In summary, AI is being applied across several industries to improve efficiency, accuracy, and decision-making. The purpose of AI applications varies depending on the industry, but common goals include improving outcomes, reducing costs, and enhancing customer experience. Your question is about the application of artificial intelligence (AI) across several industries and their purposes, specifically in 1) agriculture, 2) health, 3) business, and 4) education. Here is a concise answer: Agriculture: AI is used for precision farming, which involves analyzing data from various sources like satellite imagery and weather forecasts. This helps optimize crop management, reduce resource wastage, and increase crop yields. Health: AI is applied for diagnostics, drug discovery, and personalized medicine. It helps in detecting diseases earlier, identifying potential drug candidates, and tailoring treatments to individual patients. Business: AI is utilized for automation, data analysis, and customer service. This enables businesses to streamline operations, make data-driven decisions, and improve customer experiences. Education: AI is employed for personalized learning, virtual tutoring, and content analysis. It helps to adapt teaching methods and materials to individual student needs, and to identify areas of improvement for both students and educators. In summary, AI has various applications across industries, such as agriculture, health, business, and education, serving to optimize processes, enhance decision-making, and personalize experiences.
To know more about increasingly visit:
https://brainly.com/question/28461253
#SPJ11
xplam Ltd. has estimated another project’s NPV. The company is advised that the fixed capital outlay will be revised upward by $8000. The fixed capital outlay is depreciated straight-line over a 3-year life. The tax rate is 30 percent. What is the depreciation after tax saving?
The depreciation after-tax saving is $1,866.67.
The given information is as follows:
Fixed capital outlay revised upward: $8,000Useful life: 3 yearsTax rate: 30%Calculating the annual depreciation expense as follows:
Depreciation expense per year = Fixed capital outlay / Useful life
= $8,000 / 3 years
= $2,666.67
To calculate the tax savings from depreciation, there is a need to consider the tax shield provided by the depreciation expense. The tax shield is calculated by multiplying the depreciation expense by the tax rate:
Tax savings from depreciation = Depreciation expense per year * (1 - Tax rate)
= $2,666.67 * (1 - 0.30)
= $2,666.67 * 0.70
= $1,866.67
Therefore, the depreciation after-tax saving is $1,866.67.
Learn more about depreciation here:
https://brainly.com/question/31196539
#SPJ4
Your personal credit reflects:
A. debt versus investments
B. investments versus income
C. Debt versus number of cards
D. income versus debt
Answer:
the letter C
Explanation:
pa brainliest nalang po kung tama
Your personal credit reflects income versus debt. Option D is an appropriate response.
What is personal credit?The capacity to access products or services or borrow money with the idea that you'll pay for them later is known as credit.
Building personal credit involves being reliable when it comes to making on-time, complete payments on all of your debts, including credit card bills, vehicle loans, and mortgages. Your credit score rises as a result. It's crucial to keep in mind that your personal and corporate credit should not be combined.
That which a person possesses personally and which is based on the perceptions held of his moral integrity and professional position.
Your personal credit reflects income versus debt.
Hence, Option D is an appropriate response.
To learn more about personal credit
https://brainly.com/question/16627336
#SPJ5
Preparation of Adjusting Entries Bartow Photographic Services takes wedding and graduation photographs. At December 31, the end of Bartow's accounting period, the following information is available: All wedding photographs are paid for in advance, and all cash collected for them is credited to Unearned Service Revenue. Except for a year end adjusting entry, no other entries are made for service revenue from wedding photographs. During the year, Bartow received $42,600 for wedding photographs. At year end, $37,480 of services had been performed. The beginning-of-the-year balance of Unearned Service Revenue was zero. During December, Bartow photographed 228 members of the next year's graduating class of Shaw High School. The school has asked Bartow to print one copy of a photograph of each student for the school files. Bartow delivers these photographs on December 28 and will bill the school $5.00 per student in January of next year. Revenue from photographs ordered by students will be recorded as the orders are received during the early months of next year. Equipment used for developing and printing was rented for $22,500. The rental term was for 1 year beginning on August 1 and the entire year of rent was paid on August 1. The payment was debited to Prepaid Rent. Depreciation on the firm's building for the current year is $9,390. Wages of $4,170 are owed but unpaid and unrecorded at December 31. Supplies at the beginning of the year were $2,400. During the year, supplies costing $19,600 were purchased from Kodak. When the purchases were made, their cost was debited to Supplies. At year end, a physical inventory indicated that supplies costing $4,100 were on hand.
Conceptual Connection: By how much would net income be overstated or understated if the accountant failed to make the adjusting entries?
Answer:
The enetres below suggests that the reader aka you doesnt know how to do work
Explanation:
study
what factors do you believe have contributed to the very large GDP of the United of America compared to that of the most other countries?
Please help!
A Population growth, including immigration. America's population growth results in a younger workforce, which is more adaptable and trainable.
Explanation:
In comparison to most other sophisticated economies, the United of America produces more per person each year. The United States' real GDP per capita in 2015 was $56,000.
In summary, the US continues to be wealthier than its competitors. Yet why?
A growing population, including from immigration. America's population growth results in a younger workforce, which is more adaptable and trainable. There are limitations on immigration to the United States, but there are also unique guidelines that grant access to the country's economy and a route to citizenship (green cards), based on individual skill and corporate sponsorship.
A decentralized political system in which states compete. States compete for enterprises and for individual inhabitants via their legal frameworks and taxation policies. This stimulates entrepreneurship and employment across the nation. In other states, there are no income taxes and union is restricted by labor regulations. For students who live in the state, states offer affordable tuition at top colleges. In terms of their legal liability laws, they also compete.
To learn more about United of America https://brainly.com/question/26461133?referrer=searchResults
what would happened is banking didnt exist? i really have no idea
Answer:
we wouldn't have loans to buy a house or a car. We wouldn't have paper money to buy the things we need. We wouldn't have cash machines to roll out paper money on demand from our account
Explanation:
Hemley Corporation has estimated its ROE at 18%, and it will maintain a payout ratio of 45%. EPS1 is estimated to be $2.65 in the coming year. Investors require a 13% rate of return. At what price and P/E ratio would you expect the firm to sell
We would expect the firm to sell at a price of $87.27 per share with a P/E ratio of 32.90.
To calculate the price and P/E ratio, we can use the Gordon growth model, which is:
P = (D1 / (r - g))
where P is the price, D1 is the dividend for the next year, r is the required rate of return, and g is the growth rate.
First, we need to calculate the dividend for the next year, which is equal to the earnings per share (EPS) multiplied by the payout ratio:
D1 = EPS1 x payout ratio = $2.65 x 0.45 = $1.1925
Next, we need to calculate the growth rate using the retention ratio:
g = ROE x retention ratio = 0.18 x (1 - payout ratio) = 0.099
Now we can plug in the values and solve for the price:
P = ($1.1925 / (0.13 - 0.099)) = $87.27
To calculate the P/E ratio, we can use the formula:
P/E = P / EPS1
P/E = $87.27 / $2.65 = 32.90\
Know more about P/E ratio here:
https://brainly.com/question/27853014
#SPJ11
how does an increase in income increase tax revenue
Answer:
An increase in income will increase tax revenue because the more taxes and tax write-offs will lead to more in tax returns.
Explanation:
The more income you make the more taxes you will pay, after write-offs you will end up earning more back in tax returns than you would if you made less
An employee in the 12% tax bracket
invests $2000.00 in a Traditional IRA.
When the employee retires, her salary is in
the 22% tax bracket. What tax will be
assessed on the initial investment when it
opens?
A. Not enough information to answer
B. $440.00
C. $240.00
D. Since the employee used a Traditional IRA, she will pay no taxes
on her investment when it opens.
The tax that will be assessed on the initial investment to the employee when it opens is B. $440.00
What tax is charged on a traditional IRA ?Traditional IRA deposits are taxed differently than Roth IRA deposits. You make a pretax contribution. Your taxable income for that year is decreased by the dollar amount of each deposit. The initial investment as well as any gains are taxed at your individual income tax rate in the year you remove the money.
In other words, you will be required to pay taxes on the amount you withdraw at your existing tax rate. Your withdrawal will be taxed at 22%, for instance, if you fall inside the 22% tax level.
This means that the tax assessed would be:
= 22 % x 2, 000
= $ 440
Find out more on traditional IRA at https://brainly.com/question/2108625
#SPJ1
Role of Insurance in a Business Environment - minimizing the risk of loss due to a tortious action on the part of the employer or employee (vicarious liability)
What is the primary purpose of a rating service company such as A.M Best?
Determine financial strength of an insurance company
Which of the following is NOT considered advertising?
A rating from a rating service company, such as A.M. Best
A plan in which an employer pays insurance benefits from a fund derived from the employer's current revenues is called
A self-funded plan
A nonparticipating policy will
not pay dividends
What kind of life insurance policy issued by a mutual insurer provides a return of divisible surplus?
participating life insurance policy
Why are dividends from a mutual insurer not subject to taxation?
Because dividends are considered to be a return of premium
A type of insurer that is owned by its policyowners is called
A mutual insurer is owned by its policyowners.
A life insurance company has transferred some of its risk to another insurer. The insurer assuming the risk is called the
reinsurer. When risk is transferred from one insurer to another, the insurer assuming the risk is called the reinsurer.
A nonparticipating company is sometimes called a(n)
stock insurer. A stock insurer is referred to as a nonparticipating company because policyholders do not participate in dividends resulting from stock ownership.
Karen is a producer who has obtained personal information about a client without having a legitimate reason to do so. Under the McCarran-Ferguson Act, what is the minimum penalty for this?
A fine of $10,000 or up to one year in jail is the penalty for any person who obtains information about a client without having a legitimate reason to receive it.
An insurer's ability to make unpredictable payouts to policyowners is called
liquidity. Liquidity indicates a company's ability to make unpredictable payouts to policyowners.
Reducing the likelihood that a loss may result from a tort on the side of the employer or employee When an employer is held vicariously liable for the actions of his employees, it means that the employer is also held accountable.
There are limits to vicarious culpability. The frolic and divert defence is one of the most widely used strategies. The frolic and detour rule decides whether employers will be held vicariously accountable when employees hurt others while behaving beyond the scope of their employment.
For violations of Article 21 involving tortious conduct by employees while on the job, the Union and State governments would be held accountable. In many cases, the Supreme Court granted monetary settlements. Regarding Nibati Behera v.
Read more about vicarious liability at
https://brainly.com/question/20037829
#SPJ4
Private data about employees or customers is considered what type of information?
Answer:
Personal
Explanation:
Workers don’t start the job at the same time and don’t get paid at the same wage.