Business, 21.12.2019 06:31 allisonmareesanders2
Kathy is 60 years of age and self-employed. during 2018 she reported $100,000 of revenues and $40,000 of expenses relating to her self-employment activities.
if kathy has no other retirement accounts in her name, what is the maximum amount she can contribute to a simplified employee pension (sep) ira for 2018?
(round your final answer to the nearest whole number)a) $11,152.b) $17,152.c) $12,000d) $55,000.
Answers: 1
Business, 21.06.2019 21:20
20. sinclair company's single product has a selling price of $25 per unit. last year the company reported a profit of $20,000 and variable expenses totaling $180,000. the product has a 40% contribution margin ratio. because of competition, sinclair company will be forced in the current year to reduce its selling price by $2 per unit. how many units must be sold in the current year to earn the same profit as was earned last year? a. 15,000 units b. 12,000 units c. 16,500 units d. 12,960 units
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Business, 22.06.2019 14:00
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Kathy is 60 years of age and self-employed. during 2018 she reported $100,000 of revenues and $40,00...
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