In a SEP (Simplified Employee Pension) plan,

A) contributions cannot exceed the lesser of 40,000 or 25% in 2005.
B) only the employer can open up the plan.
C) contributions can be made after the plan year and up to the tax filing date.
D) contributions are not deductible to the employer.


C

Business

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An argument is valid if it logically follows the premises, even if one of the premises is false. It is considered a sound argument if its premises are also false. _________________________

Answer the following statement true (T) or false (F)

Business

Ready Tees, an online retailer of t-shirts, orders 100,000 t-shirts per year from its manufacturer. The carrying cost is $0.10 per shirt per year

The order cost is $500 per order. What is the optimal order quantity for the t-shirt inventory (rounded to the nearest dollar)? A) 1,581 B) 8,333 C) 15,841 D) 31,623

Business

Refer to Instruction 16.1. What is the size of the discount (not including the commission fee) Cypress must take for receiving the proceeds of the sale today rather than waiting for six months?

A) $7,000 B) $5,000 C) $12,000 D) $14.000

Business

The ownership in a corporation is divided into shares of stock, which carry rights to a share in the profits of the firm through future dividend payments

Indicate whether this statement is true or false.

Business