"The type of retirement plan that gives the employer flexibility as to the amount contributed annually is a(n):"

Answers

Answer 1
Answer:

Answer:

SEP-IRA

Explanation:

It's a retirement savings plan made by employers including people that are self-employed for the benefit of their employees and themselves. The employer may make tax-deducible contributions for certain employees towards their SEP-IRA    


Related Questions

Fact Pattern 10-1 Ambrose enters into a contract to buy 350 acres from Belle Vista Farms to cultivate grapes and open a winery.​ Refer to Fact Pattern 10-31 If Ambrose breaches the contract, Belle Vista's remedy would most likely be________.
Mohammad borrowed $809 for nine months, with monthly payments of $96.00. What is the amount of total payments?
Although _____ programs are recommended for all general industry businesses, they are completely voluntary and not required
The wage theory that states that differences in wage rates are determined by collective bargaining is thea. traditional theory of wage determination. b. theory of equilibrium wage rate. c. theory of negotiated wages. d. signaling theory.
Economists use price indices to remove _______ from price measurements.a. costs c. inflation b. collateral d. stagnation

A lease calls for a minimum rent of $2800 per month plus 4% of annual gross sales in excess of $500,000. What is the annual rent if the annual gross sales were $725,500?

Answers

Answer:

The annual rent is $42,620

Explanation:

The computation of annual rent is shown below:

= Annual rent + (rate × gross sales)

where,

The annual rent is

= Monthly rent × total number of months in a year

= $2,800 × 12

= $33,600

The rate is 4%

The excess gross sales is computed by

= Annual gross sales - gross sales

= $725,500 - $500,000

= $225,500

Now put these values to the above formula

So, the answer would be equal to

= $33,600 + (4% × $225,500)

= $33,600 + $9,020

= $42,620

Hence, the annual rent is $42,620

Amelia has her money in a CD earning 2 percent interest. How long will it take for her money to double?

Answers

It will take her 50 months if the interest grows every months. Here's the reason why:
=> in order to double up your money you need to have a 100% interest and since Amelia only have 2% interest, she needs 50 months to get the an interests that will double up her money.

the trasportation costs involved in getting a product to a cosumer after the product has been made are 1. transaction costs 2.comparative 3.production costs 4.independent costs

Answers

The right answer for the question that is being asked and shown above is that: " 4.independent costs." The trasportation costs involved in getting a product to a cosumer after the product has been made are  4.independent costs

Which organization does not work for consumersFederal trade comission
Food and drug administration
Federal treasury
Better business bureau

Answers

Answer:

Which organization does not work for consumers

Federal treasury

Explanation:

The other three are consumer-focused.  But the Federal Treasury is a US government agency that advises government on fiscal matters.  It performs some law enforcement activities to help government enforce laws on fiscal policies.  It is also responsible for manufacturing the currency and postage stamps.  Finally, it has responsibility for the supervision of national banks in the United States.

Final answer:

The Federal Treasury does not directly work for consumers, unlike the Federal Trade Commission, the Food and Drug Administration, and the Better Business Bureau, which have focuses on consumer protection and advocacy. Option 3 is correct.

Explanation:

Out of the listed options, the (option-3) Federal Treasury is the organization that does not primarily work for consumers. The Federal Treasury is involved in the financial management of the government’s resources, including monetary policy, financial regulation, and economic policy. However, it does not have consumer protection as one of its primary goals. On the other hand, the Federal Trade Commission (FTC), the Food and Drug Administration (FDA), and the Better Business Bureau (BBB) all operate in capacities that are focused on consumer protection and advocacy.

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Which of the following statements about the consumption component of GDP is not​ correct? A. Since​ 1960, the consumption component of GDP has generally increased as a fraction of GDP.
B. The consumption component of GDP in the U.S. is greater than all three of the other components​ (government, investment, and net​ exports) combined.
C. Consumption as a fraction of total GDP in the U.S. is larger compared to all other high income nations in the world.
D. Spending on services is smaller than the amount of consumption spending on durable and nondurable goods.

Answers

Final answer:

The statement that the consumption component of GDP in the U.S. is greater than all three of the other components (government, investment, and net exports) combined is not correct.

Explanation:

B. The consumption component of GDP in the U.S. is greater than all three of the other components (government, investment, and net exports) combined, is not correct. The correct statement would be that the consumption component of GDP in the U.S. is larger than the government and net exports components combined, but smaller than the investment component. The consumption component of GDP includes spending on goods and services by households, while the investment component includes spending on capital goods and structures by businesses.

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Final answer:

The incorrect statement is option D: Spending on services is not smaller than consumption spending on durable and nondurable goods. In fact, in developed economies, spending on services exceeds spending on goods.

Explanation:

The incorrect statement about the consumption component of GDP is option D. Spending on services is actually larger than the amount of consumption spending on durable and nondurable goods. This is especially true in developed economies, like the United States, where spending on services, such as healthcare, education, and entertainment, tend to exceed spending on tangible goods. It is certainly true that since 1960 there has been a general trend of increase in consumption as a fraction of GDP (option A), and that the consumption component of GDP is the largest among the components -  exceeding government spending, investment, and net exports combined (option B). However, it's not necessarily the case that the US's consumption as a fraction of GDP is larger than all other high-income nations (option C).

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A Better Mousetrap, Inc., is a manufacturing company that sells pest control systems. Recently the company launched an innovative mousetrap with a unique design that has been selling well in the U.S. market. Senior vice president Marc Wallace recommends expanding sales overseas as a way to increase company revenues.Wallace expects that markets abroad will soon become fully aware of the existence of the product and its benefits. At that point, the mousetrap will be in which of the following life cycle stages?

Maturing product stage

Adapted product stage

Standardized product stage

New product stage

Answers

Answer:

Maturing product stage

Explanation:

Maturing product stage -

It refers to the stage where the product becomes famous is and is widely known by all , is referred to a the maturing product stage .

In this very step the demand and sale of the goods and services reduces slightly , and hence , the profit margin reduces slightly .

Hence , at this very step of the product , the foreign import and demand starts to increases with a steady pace , which benefits the company .

Hence , from the given scenario of the question ,

The correct answer is maturing product stage .