Rita is a self-employed taxpayer who turns 39 years old at the end of the year (2021). In 2021, her net Schedule C income was $296,000. This was her only source of income. This year, Rita is considering setting up a retirement plan. What is the maximum amount Rita may contribute to the self-employed plan in each of the following situations

Answers

Answer 1

The maximum contribution that Rita can make to SEP-IRA is $55,000

A SEP IRA is a term to refer to an individual retirement plan used in the United States. This plan establishes a maximum limit each year, in the case of 2018 it had a maximum contribution limit of 25% of the annual net salary of $ 55,000.

Based on the above, Rita could make a maximum contribution to the SEP-IRA of $ 55,000 since 25% of her salary ($ 296,000) is $ 74,000.

Note: This question is incomplete because there is some information missing. Here is the complete information.

A. Set up a SEP IRA account. Maximum contribution _______________?

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Related Questions

Which of the following is true regarding criminal and financial background checks?

Answers

Regarding criminal background check -

an employer should consider seriousness, recency, and job relatedness of convictions before denying employment


i need help asap ! thank you :)

Answers

Answer:

I purchased your Apple Cinnamon body wash about a month ago, and I recieved a Plum Raisin. I've come to know that you are no longer selling the Apple Cinnamon scent, and that is the only kind that I would like to have purchased, so I am looking to get a refund for the body wash you sent me. I know that you have a 90-day return policy, but only if the bottle is unopened, and I am asking you to make an exception for my purchase because the label gave me false information. You have labeled the bottle Apple Cinnamon, which is not only misleading, but an outright lie because the actual scent of the body wash was Plum Raisin. Even though you might say that the bottle was opened and I can't get a refund for that, I think that it is unfair of you to expect me to be satisfied with a body wash of the wrong scent. You didn't even think to contact me when you took Apple Cinnamon off your listing when I had ordered it, and you took a further step by hiding the label, I know that it is only acceptable if I get my money back for this product.

Thank you,

(Your name)

Explanation:

What additional steps could Fowler have taken such that Management and HR would have taken her accusations seriously

Answers

Considering the legal principles, the additional steps Fowler could have taken such that Management and HR would have taken her accusations seriously is by "adding credible evidence."

This is because accusations with credible evidence give the accusation additional facts or information, which enhances the accusation proposition to be accepted as true or valid.

Accusation can be speculative or false. However, for accusation to be accepted as accurate or valid, it must be presented with evidence.

Therefore, for Fowler's accusations to be taken seriously, she must present evidence.

Hence, in this case, it is concluded that the correct answer is "addition of credible evidence."

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A rock slide closes down a major highway on the delivery route for a key piece of equipment for your project. This leads to unplanned costs. The area is known for rock slides but another route would take significantly longer. Where does the extra money needed to cover the unplanned costs come from

Answers

Since the project involves more money than what was planned, the extra money that is needed will come from the management reserve.

Management reserve simply means the amount of contract budget that is set aside by the project manager at the start of a project.

It should be noted that management reserves are available for project managers for unidentified risks. Therefore, based on the information given, the extra money needed to cover the unplanned costs will come from the management reserve.

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You work for a municipal government in the HR department. Your supervisor has asked you to prepare a brief informational report on how to register for benefits during the open-enrollment period next month. What would you use to show new employees the process of signing up for health benefits

Answers

The best way to show your municipal government employees the benefits of health care is through an informational poster in the office and an email to each.

In most companies, there is a human resources department that is responsible for hiring employees and their well-being.

In this case, it is a benefit in the health service to which employees can enroll independently, but they do not know-how.

The best option to disseminate this information is through an informational poster that specifies the steps to register and locate it in the office because their employees will be able to see it when they go to work.

Likewise, a copy of the poster will be sent to their emails, and they can sign up for this benefit in their free time.

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Social media allows marketers to _____ customer web activity to gain valuable marketing information.

Answer: Measure, track, or monitor

Answers

I am pretty sure that it is measure!!
I hope this helps and if it’s wrong tell me and I can go and find the real answer!!

Social media allows marketers to monitor customer web activity to gain valuable marketing information.

How is social media marketing used for marketing?

In order to develop a company's brand, boost sales, and enhance website traffic, social media marketing, often referred to as digital marketing and e-marketing, makes use of social media platforms where users may create social networks and exchange information. Social media marketing (SMM) gives businesses a method to interact with current consumers and attract new ones. It also contains data analytics features that are specifically designed to help marketers monitor the effectiveness of their campaigns and find new opportunities for interaction.

More than 80% of consumers say that social media, particularly influencer content, has a significant impact on their purchasing decisions. As a result, marketers from various industries are advancing social media marketing (SMM) from a single tool to a multifaceted source of marketing intelligence for a growing and important audience.

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Fill in the blank: Using a(n) _____ keeps a record of any inconsistencies from the initial requirements of a project.

Answers

An issue log is simply known as a type of documentation element of software project management Using an issue log keeps a record of any inconsistencies from the initial requirements of a project.

The issue log is known to have a list of ongoing and closed issues concerning project.

This type of logs can be seen as a way to track errors in any project.

It consist of name of the person who solve the problem, the date or time of the issue, the issue's priority and status and the date or time that the problem was resolved.

An issue log is also regarded as a simple list or spreadsheet that managers use to monitor the issues that arise in a project.

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A(n) __________ gives the inventor the exclusive legal right to make, use, or sell the invention for a limited time

Answers

Answer:

Patent

Explanation:

A patent gives the inventor the exclusive legal right to make, use, or sell the invention for a limited time. In the United States, exclusive patent rights last for 20 years.

-프랜차이즈 업체를 대상으로 유통경로를 비교 분석할 것.
-반드시 두 개의 업체를 선택하되, 같은 업태 또는 다른 업태에서 두 개 업체를 선택해도 됨

Answers

Answer:

Can u pls traslate it to English?

Explanation:

i cannot understand u :((

by the time janet pays off her entire loan, how much interest will she have paid

Answers

When Janet pays off her entire loan, she will have paid the fixed value of the interest multiplied by the number of payments she made.

When a person borrows money from a bank, they must take certain aspects into account such as:

Debt capacity.Interest.Estimated payment time.Way to pay.

In the case of interest, it is an additional value that is paid to the bank in exchange for lending the money; interest can be understood as the bank's profit from lending the money.

According to the above, when someone borrows money each month, she must pay a part of the money that the bank loaned her and the interest, which is a small amount that corresponds to a percentage of the total value. For example.

Janet borrowed $ 10,000 and the bank clerk grants her the loan and tells her that the interest is 1%. This means that Janet must pay the $ 10,000 and additionally must pay 1% of this amount.

To find out how much Janet should pay in interest, we divide $ 10,000 by 100 and multiply by 1.

$ 10,000 / 100 × 1 = $ 100

According to the above, Janet must pay $ 100 interest to the bank for the loan they made. This payment is generally divided into the number of months in which Janet will pay the loan. For example 12 months.

$ 10,000/12 = $ 833.3$ 100/12 = $ 8.3

$ 833.3 + $ 8.3 = $ 641.6

Janet will pay $ 641.6 each month of which $ 8.3 corresponds to interest and $ 833.3 to the loan.

Note: This question is incomplete because it does not include information about Janet's loan. However, you can answer with a practical example.

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A food worker vomits a few hours before she is scheduled to work but she feels much better after what she should do

Answers

Answer:

Stay home

Explanation:

You need to be 24hrs without fever and vomiting while off of antibiotics. Also if you work with food you can contaminate the food and get others sick.

A food worker vomits a few hours before she is scheduled to work, but she feels much better after she should do they report the symptom to her manger. Thus, option (b) is correct.

What is food?

The term “food” means it is an eatable and consumable item to provide nutrition and vitamins to maintain the organism. The consumption of food usually involves plants, the human body, birds, and animals. Nutrient-rich foods like fruits, vegetables, pulses, and dairy products.

Eating contaminated food or drinking contaminated liquids can effect foodborne diseases. One symptom of a foodborne infection is vomiting. In order to prevent the spread of foodborne infections, the food worker should alert her manager to any symptoms.

Therefore, option (b) is correct.

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Options:

A. Go to work as usual.

B. Report the symptom to her manger.

C. Wait and see if she develops a fever.

D. Ask her manager if she can work with foods that will be cooked.

if you’ve insured at home for $200,000 in the home is only worth $150,000 you can receive $150,000 at most if you file a claim.

A. TRUE
B. FALSE

Answers

Answer:

true

Explanation:

Answer:

TRUE

Explanation:


The difference between a nominal interest rate and the rate of inflation is the ___.

A. annual percentage yield

B. nominal interest rate

C. real interest rate

D. compound interest

SUBMIT

Answers

ans is real interest rate

Required informationSkip to questionIntroductionRead the overview below and complete the activities that follow.
Remedies for Breach of Contract
In the case below, a municipality backs out of a contract to have a bridge built. The contractor has already begun production and incurred costs.
CONCEPT REVIEW:
The overall goal of damages in breach of contract suits is to put the parties where they should have been if the contract had been performed. But the solution simply ordering the parties to perform is rarely enough. Damages vary greatly based on the nature of the contract itself, as well as the extent to which performance is underway.
Remedies
Read the short case below, and select the best answer to each question that follows.
The Randolph Bridge Company (RBC) agrees to build a suspension bridge in the city of Detroit. Detroit plans to pay RBC $50 million. RBC's anticipated costs, including labor, materials and so on, are $40 million. Construction is anticipated to take six months. One month into the project, RBC has put $10 million into the project. Detroit tells RBC at this point that it no longer wants the bridge, and plans to breach the contract.
How much will RBC's damages be?
a) $50 million
b) $0
c) $20 million
d) $10 million
e) $40 million

Answers

Answer:

Please given an Explanation:

The damages that will be faced by the Randolph Bridge Company if Detroit plans to breach the contract will be close to around $10 million at the point of one month.

What is breach of contract?

A breach of contract is a condition wherein a party to the contract violates the terms of agreement as per the documents signed during the contract. A breach of contract makes such person, who breaches, liable to be sued.

In the above case, it has been observed that the city of Detroit has made promises to pay for the project at the end of completion of the project of building the bridge; however, no payments have been made at the end of one month, where RBC Company has already deployed an amount of $10 million.

As the RBC Company has not received any of the payments and a breach of contract has been made by the Detroit city, the total damages for the company at such point will be $10 million, considering that no loans or advances were taken to repay the same.

Hence, option D; $10 million are the damages suffered and incurred upon by the RBC at the end of one month when Detroit has made a breach of contract agreements.

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Charles is worried about plagiarism in a report he is writing for his manager. He needs to paraphrase several passages in the report. What advice would you give him

Answers

Answer: Write your own version by carefully changing three or four words from the original.

Explanation:

Use your understanding of how to manage conflict to answer the following questions. You probably think that conflict is negative, but conflict can be good for teams, too. When conflict is positive, it has specific characteristics. Which characteristic could you use to help ensure that conflict will have a positive influence on a group that you manage

Answers

The characteristic that you could use to ensure any conflict has a positive influence on the group you manage is:

The ground rules are equitable

Ground rules help in a great manner to ensure an open working environment that is inclusive. It also helps in resolving conflict when issues arises.

However, for these ground rules to be efficient to ensure conflict is well managed, the rules must be equitable. This means that the rules should not favor one individual over the other.

When ground rules are fair and equitable, everyone involved in the conflict would cooperate to resolve whatever issues that arises.

Therefore, the characteristic that you could use to ensure any conflict has a positive influence on the group you manage is:

The ground rules are equitable

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outline two factors that affect electrolysis​

Answers

There are many factors that affect / determine the products formed during electrolysis. 2 of them are :-

1) Temperature

2) Voltage

________

RainbowSalt2222 ☔

PowerTap Utilities is planning to issue bonds with a face value of $2,000,000 and a coupon rate of 10 percent. The bonds mature in 8 years and pay interest semiannually every June 30 and December 31. All of the bonds were sold on January 1 of this year. PowerTap uses the effective-interest amortization method. Assume an annual market rate of interest of 12 percent. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.) P10-6 Part 3 3. What amount of cash should be paid to investors June 30 and December 31 of this year

Answers

The amount of cash that PowerTap Utilities should pay to investors on June 30, Year 1, and December 31, Year 1 is $80,000, respectively.

Data and Calculations:

PowerTap's Bonds' Face Value = $2,000,000

Coupon Interest rate = 10%

Maturity period = 8 years

Interest payment = semiannually

Interest payment dates = June 30 and December 31

Assumed market interest rate = 12%

Interest paid to investors semiannually = $80,000 ($2,000,000 x 8% x 1/2)

Thus, on June 30 and December 31, PowerTap Utilities will pay investors $80,000, making it a total of $160,000 for the year.

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sabrina was bored with her job in a clothing factory

Answers

If she keeps working there she is going to become depressed, so she should find a job that makes her happy
Arina pretty much sums it up

A __________ team is composed of employees from about the same hierarchical level, but from different areas of expertise.

Answers

Answer:

cross-functional

If the marginal private cost of running a gas powered generator is $3.30 an hour the marginal external cost is $0.30 per hour, what is the marginal social cost per hour

Answers

Based on the information given  the marginal social cost per hour is $3.60 per hour.

Using this formula

Marginal social cost per hour= Marginal private cost +Marginal external cost

Where:

Marginal private cost=$3.30

Marginal external cost=$0.30

Let plug in the formula

Marginal social cost per hour=$3.30+$0.30

Marginal social cost per hour=$3.60 per hour

Inconclusion  the marginal social cost per hour is $3.60 per hour.

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Explain the role of tps in supply chain management

Answers

Answer:

supports the processing a firm's business transactions

Explanation:

Transaction processing systems keep an organization running smoothly by automating the processing of the voluminous amounts of paper work that must be handled daily.

List three things that you would list on both your resume and your job application.

Answers

Answer:

Name and Contact info

relevant skills

professional history

Explanation:

CEO Staley remained in the position after this scandal was revealed. Who is ultimately responsible for Staley's past and future behaviors in his role as CEO

Answers

Most organizations often have a board of directors. The board of directors was ultimately responsible for Staley's past and future behaviors in his role as CEO.

The Board of directors was moved to take this action due to the fact that Staley was trying to look at the identity of the author letter and trying to know who the whistle blower was.

The board directors query Staley but they did not dismiss him from his position as CEO.

This action of theirs is from the fact of their belief in Staley's profession of innocence about the wrongdoing and him wanting to take responsibility.

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The full question is below:

CEO Staley remained in the position after this scandal was revealed. Who is ultimately responsible for Staley's past and future behaviors in his role as CEO?

a.Staley's fellow executives

b.The whistleblower

c.The board of directors

d.CEO Staley

Why can't DeBeer’s Operate in the USA?

Answers

Answer:

Got banned from directly

Explanation:

De Beers has been banned from directly distributing and selling diamonds in the U.S. since 1948.

Roosevelt Inc. breaks even when it sells 1,600 units. The company's variable cost per unit is $10 and the selling price is $25 per unit. The total fixed cost are $24,000 & the contribution margin is $24,000. How many units does Roosevelt need to sell to earn $40,000 in net income?

Answers

Answer

the answer would be 55%

Explanation:

I did the math and stuff.

your welcome

hope it helped.

Roosevelt need to sell 4,267 units to earn $40,000 in net income.

Particulars                                      Amount

Selling price per unit                       $25

Less: Variable cost per unit           ($10)

Contribution margin per unit       $15

Now, we will calculate the number of units that Roosevelt needs to sell to earn  $40,000 in net income.

Number of Units = (Fixed cost + Target net income) / Contribution margin per unit

Number of Units = ($24,000 + $40,000) / $15

Number of Units = $64,000 / $15

Number of Units = 4,267 units

Therefore, Roosevelt need to sell 4,267 units to earn $40,000 in net income.

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True or False: An individual investor is more likely to engage in foreign direct investment than a corporation. True False

Answers

Answer:

I believe that it's true

During the year, Lox, Stock and Bagel Inc.'s net income was $60,000. Its average stockholders' equity was $240,000, and it had 120,000 shares outstanding the entire year. Its stock was selling for $10 per share. Its P/E ratio equals ______. The company has no preferred stock. Multiple choice question.

Answers

Based on the information given its P/E ratio equals: 20.

Using this formula

P/E ratio =Stock selling price per share/(Net income/Shares outstanding)

Where:

Stock selling price per share=$10

Net income=$60,000

Shares outstanding=120,000 shares

Let plug in the formula

P/E ratio =$10/($60,000/120,000)

P/E ratio =$10/0.5

P/E ratio =20

Inconclusion its P/E ratio equals: 20.

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land is a factor of production that provides a place to do business. Which of the following could be an example of land
a.)machine b.) employee c.) website

Answers

Answer:

B.

Explanation:

Yw!!!!!!!!!!!!!!!!!!!

The avoiding style of handling conflict reflects a __________ degree of assertiveness and a __________ degree of cooperativeness.

A. high; high
B. high; low
C. low; high
D. low; low
E. low; medium

Answers

Answer:

D. low; low

Explanation:

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