answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
uranmaximum [27]
2 years ago
12

Suppose you have been employed for about a year and a half and have been offered a better job at a different employer. Assuming

you have been taking advantage of the matching 401k plan, what will happen to your 401k if you leave your current job before you are fully vested?
Business
1 answer:
Lyrx [107]2 years ago
4 0
It all depends on the plan document. The plan document will state the waiting period, which can be a year, a vesting schedule, and your rights.

So more information is needed to answer your question. I can say with reasonable assurance you will be entitled to 100% of the money you put directly into the plan. The waiting period and vesting schedule will decide how much you are entitled to of the employers money.
You might be interested in
Relatives gave timothy $15, $50, $25, and $18 for his birthday. what is the mean amount of money relatives gave timothy for his
ycow [4]
I think that the mean amount of money is $27

4 0
2 years ago
Read 2 more answers
) Using the following information, what is the amount of cost of merchandise sold?
Orlov [11]

Answer:

C. 30,210

Explanation:

Cost of merchandise sold = cost of merchandise purchase - cost of merchandise left in inventory

= Purchases  of $32,000 - Purchases discounts  of $960 - Purchases returns and allowances  of $1,200 + Freight In  of $1,040

- ( Merchandise inventory  at  September 30  of $6,370 - Merchandise inventory September 1  of $5,700)

= 32,000- 960- 1,200+1,040 - 670 = 30,210

5 0
2 years ago
Suppose that for a particular firm the only variable input into the production process is labor and that output equals zero when
Lera25 [3.4K]

Answer:

Total variable cost if 4 units were produced

= $33.75 x 4 units = $135

Total fixed cost = Total cost - Total variable cost

Total fixed cost = $175 -$135

Total fixed cost = $40

Average fixed cost = Total fixed cost/No of units

Average fixed cost = $40/10 units

Average fixed cost = $4

The correct answer is B

Explanation:

In this case, we need to calculate the total variable cost on the ground that 4 units were produced. Then, we will determine the total fixed cost by deducting the total variable cost from total cost. Finally, we will divide the total fixed cost by 10 units in order to obtain the average fixed cost.

6 0
2 years ago
An investment pays $400 in one year, X amount of dollars in two years, and $500 in three years. The total present value of all t
k0ka [10]

Answer:

X = 789.70

Explanation:

we solve for X considerign each deposit is discounted at the given rate using the lump sum formula:

\frac{Maturity}{(1 + rate)^{time} } = PV

\frac{400}{1.06}+\frac{X}{1.06^2}  +\frac{500}{1.06^3} = 1,500\\X= (1,500 - \frac{400}{1.06} - \frac{500}{1.06^3}) \times 1.06^2

X = 789.7018868

6 0
2 years ago
A company uses the departmental overhead rate method. Total overhead costs are $5,000,000. Of this total, the machining departme
monitta

Answer:

Estimated manufacturing overhead rate= $50 per machine hour

Explanation:

Giving the following information:

The machining department uses machine hours as its allocation base and has 80,000 machine hours. The machining department is assigned overhead costs of $4,000,000.

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base= 4000000/80000= $50 per machine hour

4 0
2 years ago
Other questions:
  • Which strategy are you using when you only read the title, section headings, and captions?
    14·1 answer
  • In class, professor miller discussed the reason that the money spent on trade promotions was much higher than the money spent on
    5·1 answer
  • Frederick is about to start a small manufacturing business soon. He has asked some of his friends, who are entrepreneurs, for ad
    13·2 answers
  • Tommy McCartney is a sixteen-year-old high school student. He has worked forty hours per week at the local convenience store ove
    6·1 answer
  • A social sciences researcher wants to know about the amount of money that couples without children spend on leisure travel. Her
    12·1 answer
  • Arthur is 10 years old. Tuition for one year at a public two-year college is $3,125. In 8 years, tuition is expected to increase
    7·2 answers
  • Clancy's just paid its annual dividend of $1.48 per share. Analysts expect the stock price to increase by 2.1 percent annually a
    5·1 answer
  • Which idea best explains the Datasheet view?
    11·1 answer
  • Will Co. is expected to pay a dividend of $2 per share at the end of year 1(Div1), and the dividends are expected to grow at a c
    10·1 answer
  • Parvis makes all sales on account, subject to the following collection pattern: 20% are collected in the month of sale; 70% are
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!