At this stage in your life as a student, what investment would you recommend to save a portion of your money for your retirement?
invest in a low interest savings account
invest in a checking account so that you can have immediate access to your money
invest in some “safe” securities so that you can get the highest rate of return
invest in a security that carries higher risk and a higher rate of return
your grandpa has an account in which he must make minimum withdrawals starting at 70 ½. which account would you assume he has?
roth ira
traditional ira
401(k)
403(b)
which type of individual retirement account are you typically able to make withdrawals tax-free?
roth ira
traditional ira
401(k)
403(b)
which type of individual retirement account should you choose if you want your contributions to be tax deductible?
roth ira
traditional ira
401(k)
403(b)
your spouse is a teacher at the local elementary school. which retirement plan would she most likely have?
roth ira
traditional ira
401(k)
403(b)

When selecting a savings account, you should look at the following factors except annual percentage yield (apy) fees minimum balance interest thresholds taxes paid on the interest variable interest rates

Fanning company is considering the addition of a new product to its cosmetics line. the company has three distinctly different options: a skin cream, a bath oil, or a hair coloring gel. relevant information and budgeted annual income statements for each of the products follow. skin cream bath oil color gel budgeted sales in units (a) 110,000 190,000 70,000 expected sales price (b) $8 $4 $11 variable costs per unit (c) $2 $2 $7 income statements sales revenue (a × b) $880,000 $760,000 $770,000 variable costs (a × c) (220,000) (380,000) (490,000) contribution margin 660,000 380,000 280,000 fixed costs (432,000) (240,000) (76,000) net income $228,000 $140,000 $204,000 required: (a) determine the margin of safety as a percentage for each product. (b) prepare revised income statements for each product, assuming a 20 percent increase in the budgeted sales volume. (c) for each product, determine the percentage change in net income that results from the 20 percent increase in sales. (d) assuming that management is pessimistic and risk averse, which product should the company add to its cosmetics line? (e) assuming that management is optimistic and risk aggressive, which product should the company add to its cosmetics line?

Winners of the georgia lotto drawing are given the choice of receiving the winning amount divided equally over 2121 years or as a lump-sum cash option amount. the cash option amount is determined by discounting the annual winning payment at 88% over 2121 years. this week the lottery is worth $1616 million to a single winner. what would the cash option payout be?