A(n) _____ allows an individual to put money aside for retirement.

Answers

Answer 1
Answer: An IRA (Individual Retirement Account) allows an individual to put money aside for retirement.
Answer 2
Answer:

Answer:  An Individual Retirement Account (IRA)

An Individual Retirement Account (IRA) allows an individual to put money aside for retirement.

Explanation:

An Individual Retirement Account (IRA) is an account with a financial institution which provides account owners or individuals the opportunity to save money for retirement purposes. Thus, this type of account usually give individuals tax advantages because they can save based on tax deferment or growth. Types of IRAs account include: traditional IRA, Roth IRA and Rollover IRA.


Related Questions

Although credit cards are convenient, they are also frequently a source of:a. income b. debt c. savings d. money
Justify the reasons why businesses use team dynamic theories to understand team performance
The following information is available for Sweden Company for its most recent year:Net sales $1,800,000Freight-in 45,000Purchase discounts 25,000Ending inventory 120,000The gross margin is 40% of net sales. What is the cost of goods available for sale?A $1,200,000B $1,220,000C $960,000D $840,000
Cave​ Hardware's forecasted sales for​ April; May;​ June; and July are $ 200,000​; $ 210,000​; $ 150,000​; and $ 240,000​; respectively. Sales are 70​% cash and 30​% credit with all accounts receivables collected in the month following the sale. Cost of goods sold is 80​% of sales and ending inventory is maintained at $ 75,000 plus 10​% of the following​ month's cost of goods sold. All inventory purchases are paid 26​% in the month of purchase and 74​% in the following month. What is the balance of accounts payable on the June 30 budgeted balance sheet at Cave​ Hardware?
According to the video, what are some qualities that Special Education Teachers need? Check all that apply. driving skills art skills communication skills patience responsibility O dominance​

What is the failure rate for a franchise? A. 5 percent B. 30 percent C. 50 percent D. 15 percent

Answers

ANSWER:

A. 5

STEP-BY-STEP EXPLANATION:

A few experts deciphered the information to state that over a five-year stretch, 5 percent of units shut. Flip that around, and you have the detail that establishments have a 95 percent achievement rate over a given five years. Here's the trick: The information was not inspected, and since franchisors picked whether to address the inquiries, all things considered, the pool of respondents included more fruitful establishments than ineffective ones.

A. 5 percent
:)
hope it helps

On april 1, 20y8, maria adams established custom realty maria completed the following transactions during the month of april a. opened a business bank account with a deposit of $24,000 in exchange for common stock. b. purchased supplies on account , $2,400 . c. paid creditor on account , $1,520 . d. earned sales commissions , receiving cash, $24,500 . e. paid rent on office and equipment for the month , $4,800 . f. paid dividends , $ 8,000 . g. paid automobile expenses for month , $2,300, and miscellaneous expenses , $1,100. h. paid office salaries , $2,890 . i. determined that the cost of supplies on hand was $810; therefore , the cost of supplies used was $1,590. required:

Answers

To fulfill your request, the required information is as follows:

1. Prepare the journal entries for each transaction:

a. To record the deposit of $24,000 in exchange for common stock:
Date Account Debit Credit
----------------------------------------------------------
April 1 Cash $24,000
Common Stock $24,000

b. To record the purchase of supplies on account for $2,400:
Date Account Debit Credit
----------------------------------------------------------
April 1 Supplies $2,400
Accounts Payable $2,400

c. To record the payment to the creditor on account for $1,520:
Date Account Debit Credit
----------------------------------------------------------
April 1 Accounts Payable $1,520
Cash $1,520

d. To record the earned sales commissions of $24,500 received in cash:
Date Account Debit Credit
----------------------------------------------------------
April 1 Cash $24,500
Sales Commissions Earned $24,500

e. To record the payment of rent on office and equipment for the month of $4,800:
Date Account Debit Credit
----------------------------------------------------------
April 1 Rent Expense $4,800
Cash $4,800

f. To record the payment of dividends of $8,000:
Date Account Debit Credit
----------------------------------------------------------
April 1 Dividends $8,000
Cash $8,000

g. To record the payment of automobile expenses for the month of $2,300 and miscellaneous expenses of $1,100:
Date Account Debit Credit
----------------------------------------------------------
April 1 Automobile Expenses $2,300
Miscellaneous Expenses $1,100
Cash $3,400

h. To record the payment of office salaries of $2,890:
Date Account Debit Credit
----------------------------------------------------------
April 1 Office Salaries $2,890
Cash $2,890

2. Calculate the cost of supplies used:
Cost of supplies used = Cost of supplies on hand - Cost of supplies used
Cost of supplies used = $2,400 - $810
Cost of supplies used = $1,590

These are the required journal entries and the calculation for the cost of supplies used based on the given transactions.

Drius Security stock has a yearly dividend of $12.11. If you own 132 shares of Drius Security, how much do you get paid in quarterly dividends? a. $133.21 b. $1,598.52 c. $366.96 d. $399.63 Please select the best answer from the choices provided A B C D

Answers

Answer:

d. $399.63

Explanation:

Data provided in the given question

Dividend = $12.11

Shares = 132

The calculation of quarterly dividends is shown below:-

Quarterly dividends = Dividend × Shares ÷ Number of quarters in a year

= $12.11 × 132 ÷ 4

= $399.63

Therefore, to compute the quarterly dividends we simply divide shares with number of quarter in a year and multiply with dividend.

Answer:

D

Explanation:

On edge

If you are planning to carry a large balance on your credit card, which of the following credit card features should you look for?

Answers

The choices for this question can be found elsewhere and as follows:

Low APR
Low annual fees
Lots of credit card rewards
A large credit limit

From the choices, I think the correct answer is the first option. 
If you are planning to carry a large balance on your credit card, the credit card feature you should you look for is a low APR.

Advice Florence and her team on how they can convince the staff using john kotter's theory to lead change

Answers

In using John Kotter's Theory, Florence could use the 3rd steps from Kotter's 8 steps change model to convince the staff thats called : Create a Vision for change.

Which mean Florence shouldn't just order the staff to change, but she also has to teach the staffs in why the change is important and how it will be a huge benefit for them

As the ratio of the cost of overstocking to the cost of understocking gets larger:________ A) the optimal level of product availability decreases.
B) the optimal level of product availability becomes irrelevant.
C) the optimal level of product availability remains stable.
D) the optimal level of product availability increases.

Answers

Answer:

D) the optimal level of product availability increases.

Explanation:

Overstocking deals with making a product available in excess quantity.

Under stocking deals with making a product available in insufficient quantity.

As the ratio of the cost of overstocking to the cost of understocking gets larger, the optimal level of product availability increases. This is self explanatory as overstocking being more than understocking means there will be more product available.

Answer:

A) the optimal level of product availability decreases.

Explanation:

The optimal level of product availability decreases when the ratio of the cost of overstocking to the cost of understocking increases or gets larger.

The optimal level of product availability is defined as the ratio of cost of overstocking to the cost of understocking.

Therefore, when the ratio of cost of overstocking to the cost of understocking gets larger, the optimal level of product availability decreases and vice-versa.

Other Questions