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erastova [34]
2 years ago
9

Can cathy withdraw money from her ira savings account

Business
2 answers:
AlladinOne [14]2 years ago
7 0
We would be able to answer that but we don't have enough information to
skelet666 [1.2K]2 years ago
7 0
Yes you can withdraw money from your IRA savings account. But since it is set up for your retirement you will lose some tax advantages and will incur penalties.
You might be interested in
The purpose of government regulations regarding disclosure of comparable details in product charges and fees is:____________a. B
erastova [34]

Answer:

The correct answer is letter "B": Clients can compare information from different institutions to make informed decisions.

Explanation:

The government puts special emphasis on regulating institutions' disclosures so that core information on benefits and responsibilities are provided to customers before they enter into a contract. By this, clients will be generally aware of what they are engaging in. Besides, they can compare information among different organizations so they can eventually choose the most convenient according to their needs.

4 0
2 years ago
A project requires an initial fixed asset investment of $148,000, has annual fixed costs of $39,800, a contribution margin of $1
svetlana [45]

Answer:

The firm needs to sale for 5,708 units to break even finnancially.

Explanation:

<u>We convert the fixed asset investment into an annuity:</u>

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV 148,000

time 3

rate 0.15

148000 \div \frac{1-(1+0.15)^{-3} }{0.15} = C\\

C  $ 64,820.590

Now, the amount above the annual fixed cost of 39,800 will be considered a gain for tax purposes, we need to increase it by 21% o give the sales before taxes.

before taxes target contribution:

64,820.59 / 1.20 = 54,017.16

We also have a depreciation component which generates a tax shield:

(148,000 / 3) x 21% = (10,360)

<em>Now, we solve for the break even point of the sum of this components:</em>

39,800 + 54,017.16 - 10,360= 83,457.16‬ dollars

Each units generates 14.62 dollars we divide and obtain the sales per year in untis:

83,457.16 / 14.62 = 5.708,42

7 0
2 years ago
Cassandra is a 21-year-old who is still in college. She wants a credit card so she can order items online.
ycow [4]
The most logical answer to me would be A, however I recommend you don’t go with my answer JUST YET because this is an educational guess. Take time to think about my answer. Sorry if it’s wrong
4 0
2 years ago
A small company is setting up a new remote satellite office. Employees in the remote office need to access network resources fro
nadya68 [22]

Answer:

The reliability of the server is the key technical factor to be considered. In <em>thin client </em>architectures, the data processing is transferred on to the server. In these scenarios, the operating of the remote satellite office would downfall if something bad happened with the server.

Similarly, if the <em>response time</em> is critical (real-time processing is essential for business operating), the company should consider implementing a thick client, which is faster and more reliable. However, thick clients are almost always more expensive to implement.

7 0
2 years ago
Ariana loves new electronic products, but she also wants to make sure she gets a good value for her money. Therefore, she typica
qwelly [4]

Answer:

This question lacks answers. Here they are:

A) ​Early adopter  

B) ​Early majority  

C) ​Innovator  

D) Late majority  

E) ​Laggard

Answer is B) <em>​Early majority  </em>

Explanation:

These are the adoption categories. They measure how inclined a customer is to adopting a new product or technology. Each category describes the main aim and goal of the customer when trying the new product.

Naturally, all categories are on the gradual scale:

Innovators -> Early adopter -> Early majority -> Late Majority - > Laggard

with the <em>innovator</em> being the group that is adopting the product immediately after launch, while the <em>laggard</em> is very change-resistant, rarely making choices regarding the adoption of something new.

The thinnest line is probably the difference between <em>early adopters</em> and the <em>early majority</em>. Early adopters are not as fast as innovators when it comes to product adopting and they are often doing it because of coolness or the "wow" factor of the product. Although the time of adoption for the early majority is the same or a little bit longer than early adopters, the key difference is that the early majority puts functionality over coolness when something is new and ready for adoption.

In this example, Ariana want to receive great functionalities for the given money, so she turns to ratings, reviews and recommendations from early adopters and innovators (Eric). Eventually, when it is determined that the product proves its value, the early majority adopts it.

8 0
2 years ago
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