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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.
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Yakov orders 40 cases of mescal from a Mexican distributor at a price of $90 per case. 2. A U.S. company sells 200 spark plugs t
vlabodo [156]

Answer:

Please see attachment

Explanation:

Please see attachment

8 0
2 years ago
Suppose you are considering renting an apartment.​ You, the​ renter, can be viewed as an agent while the company that owns the a
Ipatiy [6.2K]

Answer:

Kaynaddi here is the answer of your question

The agent is not the owner of the apartment so he will not take care of the apartment, because he isn't supposed to pay the cost of fixing damages in the apartment. To mitigate this risk renter can be asked to pay a deposit which can be adjusted for any damages done in the apartment.

A provision in the lease agreement for the annual renewal allows an incentive for a renter who is long term. Doing so will help maintain leased apartment.

3 0
2 years ago
You have just taken a job at a manufacturing company and have discovered that they use absorption costing to analyze product cos
poizon [28]

Answer and Explanation:

Respected Sir,

Sub: Absorption costing to analyze product costs and subsequent cost-volume-profit decisions

As per your requirement please find the explanation below:

Absorption costing is a process by which we add part of the fixed overhead to the production expense of the goods. If we do on a per-unit basis. Here we will compute by dividing the fixed costs by the number of units that we built and sold over the era. Whereas Variable costing includes fixed overhead as a lump sum instead of a per-unit price.

Under this process, all your variable costs like equipment, raw materials, and shipping are included. We will add the maximum fixed overhead costs for the duration. Such costs are not calculated on a per-unit basis. Rather than we deduct them as a lump-sum expense from your income amount.

Variable costing is really useful as it reveals the earnings after all the expenses are paid for the accounting period. While you would not have earned revenue for the goods we purchased as some may be in the inventory, we are showing you have paid all of your expenses for the time. We have excess revenue when you actually sell the finished goods in the warehouse.

The absorption approach is not all that effective as absorption costing will inflate the income figures excessively in any given span of accounting. Since you're not going to subtract any of your fixed costs as we did not sell any of us produced goods, our profit and loss report doesn't reflect the maximum expenses you've had for the time. Therefore, these results may mislead us when our profitability is analyzed.

Regards

ABC

7 0
2 years ago
A chemical manufacturer is setting up capacity in Europe and North America for the next three years. Annual demand in each marke
Yuri [45]

Answer:

Explanation:

The two choices under consideration are building 4 million units of capacity in North America

YEAR                         1                    2                           3  

Production and Sales 4,000,000.00   4,000,000.00   4,000,000.00  

Variable cost @ 10  40,000,000.00   40,000,000.00   40,000,000.00  

Divide by:

Conversion Factor  1.33                         1.33                     1.33  

Multiply by:

Growth(.1*.5)+(-.05*.5) 1.025                        1.025^2                  1.025^3  

NET CASHFLOWS  30,827,068.00   31,597,744.00   32,387,688.00  

DCF @ 10%     0.909090909           0.83                  0.75  

Present Values  28,024,607.27   26,113,838.02   24,333,349.36  

NET TOTAL COST 78,471,794.65  

or building 2 million units of capacity in each of the two loca-tions. Building two plants will incur an additional one-time cost of $2 million.

YEAR                  0            1                      2                              3  

Production and Sales       4,000,000.00      4,000,000.00   4,000,000.00  

Variable cost @ [(10+9)/2] 38,000,000.00  38,000,000.00   38,000,000.00  

Additional cost  2,000,000.00      

Conversion Factor     1.33     1.33                   1.33                       1.33  

Growth(.1*.5)+(-.05*.5)    1.025               1.025^2              1.025^3  

CASHFLOWS  1,503,759.40  29,285,714.29  30,017,857.00  30,768,304.00  

DCF @ 10%       1           0.909090909    0.826446281 0.751314801  

Present Value 1,503,759.40  26,623,376.62   24,808,146.28   23,116,682.19  

NET TOTAL COST = 76,051,964.50  

DECISION: The manufacturer should build 2 plants in 2 different locations because it gives a lower net present cost

<u>At what initial cost differential from building the two plants will the chemical manufacturer be indifferent between the two options?</u>

The difference in both options came from the fact that variable cost is lower in Europe and building the plant is more expensive. If there is no increase in cost and variable cost is same everywhere, then both options will be same.

5 0
2 years ago
Pierre left a message on Shayna’s voicemail stating, “Hey Shayna. Regarding that painting we talked about. I changed my mind and
zysi [14]

<u>The contract between Pierre and Shayna is not a valid contract due to the lack of acceptance from Shayna. </u>

Further Explanation:

Contract:

A legally enforced agreement is considered a contract. An agreement is a promise between two parties to perform tasks for each other for some consideration. When an agreement becomes legally enforced, then it is considered as a contract. So the contract is a legally enforced promise between two parties for considerations. Both parties should get consideration and have a performance obligation.

Following factors are required for the contract:

Offer: A person should offer some consideration to another person for performing any activity or in the exchange of goods.

Acceptance of offer: The other person should accept the offer made by the first person.

Valuable consideration: There should be valuable consideration for both the parties.

Mutual obligation: Parties should promise to execute their obligated activities.

The performance capacity of the parties: Parties should be capable of performing the contract.

Legally enforcement: The contracts should be legally enforced.

These are the basic elements of a contract. If any contracts lack any of the given factors, then it will not be considered as a valid contract.

The contract between Pierre and Shayna:

In the current case, Pierre makes an offer to sell the painting to Shayna. Pierre leaves a message in the voicemail of Shayna, stating that if Shayna does not contact Pierre within one hour, then Pierre would consider that the Shayna wants to purchase the painting.

It is not a valid contract as it lacks the acceptance of the offer from Shayna.

Pierre enters the contract to sell the painting without considering the acceptance of the offer by Shayna. Pierre puts a condition that if she does not receive any revert from Shayna within one hour, then she would consider that Shayna has accepted the offer. For a valid contract, the promisee should accept the offer but the condition of acceptance (revert within one hour) does not state for the acceptance of Shayna. So, it will not be considered a valid contract.

<u>Thus, the contract between Pierre and Shayna is not a valid contract due to non-acceptence. </u>

Learn more:

1. Learn more about the cash deficiency

brainly.com/question/12981857

2. Learn more about the span of control

brainly.com/question/12986822

3. Learn more about the sales budget  

brainly.com/question/12985585

Answer details:

Grade: Senior School

Subject: Business Law

Chapter: Contract Act

Keywords: Pierre, message, Shayna, voicemail, painting, mind, sell, steal, people, ASAP, hear, within an hour, not a valid contract, purchase a painting, lack of a(n), contract act, agreement, law, business law, promise, valid contract.

7 0
2 years ago
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