Brittany (30) will use the head of household filing status for 2021. Her modified adjusted gross income is $45,000. During the year, she made a $1,500 contribution to her employer's 401(k) plan. She is not a student, and she has never taken a distribution from any retirement plan. The maximum amount Brittany may receive for the retirement savings contributions credit (Saver's Credit) is:
$0
$150
$300
$1500

The maximum amount Brittany may receive for the retirement savings contributions credit (Saver's Credit) is $150. Thus the correct option is B.

Retirement planning is the process of developing an economic plan that will allow you to save money, make investments, and ultimately distribute. The basic goal of retirement planning is to become financially independent once you retire.

The adjusted gross income (AGI) is the basis for the savings credit, which is distributed on a percentage basis. Depending on how much they have saved, people with incomes under $32,250 can earn 20% or 50% of the savings credit.

Based on the given  information,

Brittany's AGI  is $45,000. Here the AGI falls within the 32,250-49,500 income range)

Savers credit rate =10% of the amount saved to the 401K plan.

Amount contributed by Brittany $1,500 in the plan.

Retirement savings contribution credit =10%*1,500

                                                                =$150

Therefore, option B is appropriate.

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Which of the following actions is unlikely to help make a company's branded footwear more competitive vis-a-vis the brands of rival firms? A) Increasing worker compensation to levels above the industry average in every geographic region where it has a production facility B) Increasing brand advertising expenditures in two or more geographic regions Increasing the company's mail-in rebate offer from $3 to $5 C) Boosting the number of models/styles available to buyers from 250 to 350 D) Reducing the prices the company charges for its branded footwear in both the Internet and Wholesale segments

Doug Graves Cemetery had 50,000 shares of common stock issued and outstanding at January 1, 2021. During 2021, Graves took the following actions: June 1 Declared a 2-for-1 stock split, when the fair value of the stock was $25 per share. October 15 Declared a $0.40 per share cash dividend. In Graves's statement of shareholders' equity for 2021, what amount should Graves report as dividends? Multiple Choice O $90,000 O $20,000 O $60,000 O $40,000

Click _____ occurs when a person or software program automatically clicks on an ad without having any interest in the ad's subject.

Read the following scenario:
- You are part of a group of concerned citizens in your city and have approached the mayor to form a community organization that will provide a music outreach program for the local youth. He has given his approval and support and as the next step, chooses a board of directors and hires staff. This organization is going to be completely financed by city grants. •
Is this a governmental or not-for-profit organization (NFPO)?

a five-year bond has a $1,000 par value bond, a 12 percent coupon, and a yield to maturity of 8 percent. interest is paid semiannually. the bond's price is a five-year bond has a $1,000 par value bond, a 12 percent coupon, and a yield to maturity of 8 percent. interest is paid semiannually. the bond's price is $1785.35. $1162.22. $852.80. $1081.78. $864.65.

T/F In the past it was common for the marketing function and PR function to be handled by different departments in a firm.

Economic profit
a. is a theoretical measure of a firm’s performance and has little value in real world decision
making.
b. can be calculated by subtracting implicit costs of using owner-supplied resources from
the firm’s total revenue.
c. is negative when total costs exceed total revenues.
d. is generally larger than accounting profit.

Section 1. Incremental Revenues and Cost Savings Craig Jones, the owner of Jones' Hotels (20 mid-size properties) is considering to replace the property management system (PMS) used in his hotels. IT department has been in search for a while for a cost-effective and efficient PMS to increase sales revenue and reduce labor cost. Recently, they have recommended Craig Jones a new sytem, Ultra PMS. Craig and his management team must evaluate the feasibility of this project. Consistent with all previous technology investments, no salvage value is presumed from the disposition of the proposed PMS at the end of its economic life of 10 years. Below is a cost break down of the new PMS rollover accross 20 properties of the company, if the company management decides to invest in this project: One Time Costs Initial Investment Cost $ 3,425,450 Annual Recurring Costs (Incremental) Annual system maintenance and updates 78,296 Annual training and technical support 58,722Total Annual Recurring Costs 137,018The sales and reservation team predicts that annual room sales revenue can be increased by 6% (incremental revenue) if the Ultra PMS is acqui They predict that labor cost in the sales and reservations office can be reduced by 7.5% each year (labor cost savings). Below is the most recent forecasts for room sales revenue and labor cost in the sales and reseravations office:The sales and reservation team predicts that annual room sales revenue can be increased by 6% (incremental revenue) if the Ultra PMS is acquired. They predict that labor cost in the sales and reservations office can be reduced by 7.5% each year (labor cost savings). Below is the most recent forecasts for room sales revenue and labor cost in the sales and reseravations office: Year Forecasted Room Forecasted Labor Sales Revenue Cost in S&R Office2021 19,574,000.00 978,700.00 2022 19,965,480.00 998,274.00 2023 20,364,789.60 1,018,239.48 2024 20,772,085.39 1,038,604.27 2025 21,187,527.10 1,059,376.35 2026 21,611,277.64 1,080,563.88 2027 22,043,503.19 1,102,175.16 2028 22,484,373.26 1,124,218.66 2029 22,934,060.72 1,146,703.04 2030 23,392,741.94 1,169,637.10The goal of this analysis is to help Craig Jones decide whether the proposed PMS project is financially sound or not. To analyze whether the project is sound, you are required to complete a set of tasks provided below. You need to use the information provided and use Excel to complete all tasks. Please use the templates and space provided for your answers. Below are the required tasks to be completed: Required Tasks 1 Using the sales revenue and labor cost forecasts in the S&R office, calculate the incremental annual revenues and labor cost savings from the proposed PMS project. Please use the columns provided for your calculations. Current Sales Revneue and Labor Costs in the Sales and Reservations (S&R) Office Labor Cost Savings ? Year 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Forecasted Room Sales Revenue 19,574,000.00 19,965,480.00 20,364,789.60 20,772,085.39 21,187,527.10 21,611,277.64 22,043,503.19 22,484,373.26 22,934,060.72 23,392,741.94 Incremental Forecasted Labor Cost in S&R Office Project Revenue ? 978,700.00 ? 998,274.00 ? 1,018,239.48 ? 1,038,604.27 ? 1,059,376.35 ? 1,080,563.88 ? 1,102,175.16 ? 1,124,218.66 ? 1,146,703.04 ? 1,169,637.10 ? ? ? ? ? ? ? ? ?