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mezya [45]
1 year ago
8

An employee requested that the balance of her 401(k) account be sent directly to her in one lump sum. upon receipt of the distri

bution, she immediately had the funds rolled over into an ira. what is the tax consequence of the distribution sent to this employee?
Business
1 answer:
yKpoI14uk [10]1 year ago
8 0

The tax consequence of the distribution sent to this employee is that the Distribution is subject to federal income tax withholding.

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A person works as a cashier in a major supermarket. She sells vegetables to
igomit [66]
I think the answer is D
6 0
2 years ago
Read 2 more answers
An economy produces only 1,000,000 computers valued at $2,000 each. Of these, 200,000 are sold to consumers, 300,000 are sold to
larisa [96]

Answer:

The answer is: The total value of GDP is $2 Billion

Explanation:

The formula for calculating GDP is:

GDP = C + I + G + (X – M) = $1,000 MM + $200 MM + $600 MM + $200 MM

GDP = $2,000 MM (or $2 Billion)

  • consumption: $1 billion ($400 MM consumers + $600 MM businesses)
  • investment: $200 MM (change in inventories)
  • government: $600 MM
  • exports - imports: $200 MM (no imports)

5 0
1 year ago
Stickley furniture
solniwko [45]

Answer:

1. Repetitive and continuous

2. Call

3. How, what, and when

4. Material problem

Explanation:

The work of Stickley furniture is described as repetitive and continuous. This is because, the company will continue to be producing the same kind of furniture continuous, This will be so because, furniture have a limited number of make. For example, furniture are chairs, tables, cabinet, stool and shelf. These things will be continually produced by the company.

The company will be able to keep track of job status and location through call.

Meanwhile, when the company received an order. The questions they will ask are, what type of furniture they want? When they want it?, How they want it delivered, is it in batches? Where they want it delivered?

7 0
2 years ago
Jason purchased ABC stock at $40 per share and DEF stock at $35 per share on the same day in 2015. Exactly 6 months later, the A
Pachacha [2.7K]

Answer:

C) ABC 5% and DEF 5.7%

Explanation:

Data provided in the question:

Purchasing Cost of Stock ABC purchased = $40 per share

Purchasing Cost of Stock DEF purchased = $35 per share

Time = 6 months

Selling price of share of ABC = $42 per share

Selling price of DEF share = $36

Dividend paid to the DEF = $0.5 each quarter i.e $0.5 twice in 6 months

Thus,

Total dividend paid to DEF = $0.5 × 2

= $1

Now,

For ABC

Total return = Selling price - Purchasing Cost

= $42 - $40

= $2 per share

thus,

Holding period return = [ Total return ÷ Purchasing cost ] × 100%

= [ $2 ÷ $40 ] × 100%

= 5%

For DEF

Total return = Selling price + Dividend received - Purchasing Cost

= $36 + $1 - $35

= $2 per share

thus,

Holding period return = [ Total return ÷ Purchasing cost ] × 100%

= [ $2 ÷ $35 ] × 100%

= 5.7%

Hence,

option C) ABC 5% and DEF 5.7%.

7 0
1 year ago
Sheridan Company purchased a delivery truck. The total cash payment was $43,718, including the following items. Negotiated purch
rosijanka [135]

Answer:

the cost of the delivery truck is $40,698

Explanation:

The computation of the cost of the delivery truck is given below:

Negotiated purchase price $34,800

Installation of special shelving $2,880

Painting and lettering $930

Sales tax  $2,088

Cost of the delivery truck $40,698

Hence, the cost of the delivery truck is $40,698

The same should be considered and relevant

7 0
1 year ago
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