Answer:
C Certain groups of employees only
Explanation:
The tax sheltered annuity is a special tax regarding the retirement plan that available to a specific employees group only that engaged in non-profit, education, other 501c3 organization etc
So according to the given situation, the option C is correct as it fits to the situation
Therefore the other options are wrong
The company's break even points in unit sales is 43,000 units.
Above the actual sales volume of 42,000 units is the break-even point.
<h3>What is Break Even point?</h3>
- In economics, business, and particularly cost accounting, the break-even point is the point at which total cost and total income are equal, or "even."
- Although opportunity costs have been paid and capital has received the risk-adjusted, projected return, there is no net loss or gain, and one has "broken even."
- A graph with a function that represents the fixed costs is also helpful.
- No matter how many units are manufactured, the fixed cost is always 1200, hence the fixed costs function is shown as a horizontal line (FC = 1200).
- Any of the following will raise the break-even point: an increase in the quantity of fixed charges or expenses for the business.
- An increase in variable expenditures and expenses per unit. A drop in the selling prices offered by the company.
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Answer:
It will take 10 years to have $20,000 on investment of $10,000.
Explanation:
Annual Rate of return = r = 7%
Compounded Value / Future Value = FV = $20,000
Investment Value / Present Value = PV = $10,000
Use Future value formula to solve this question:
Future Value = Present Value x ( 1 + Number of Year )^Number of year
FV = PV x
$20,000 = $10,000 x
=
$2 =
Log 2 = n log 1.07
0.30 = n x 0.03
n =
n = 10.00
n = 10 year (rounded off to nearest year )
It will take 10 years to have $20,000 on investment of $10,000.
Answer:
Focuses on the internal strenghts of the firm
Explanation:
To understand difference, it is better to start with definicions of each of the concepts.
So, Resource based view focuses on firms's internal resources and capabilities and Institution based view suggests that the success and failure of firms are affected by institutions, such as regulations, laws, ethics, cultures and norms
Mutual savings banks are primarily regulated by the states
in which they are located.
<span>To add, a </span>mutual savings bank<span> is a financial institution chartered by a
central or regional government, without capital stock, that is owned by its
members who subscribe to a common fund. From this fund claims, loans, etc., are
paid. Profits after deductions are shared among the members.</span>