The difference between a roth ira and a traditional ira is that in a roth ira taxes are paid on the income that is contributed but the withdrawals at retirement are tax-free. in a traditional ira, however, the contributions reduce your taxable income, but the withdrawals at retirement are taxable. assume you plan to devote $5,000 to retirement savings in each year. you will retire in 30 years and expect to live for an additional 20 years after retirement. a. assume the before-tax interest rate is 5%. what will be your after-tax 20-year retirement consumption stream if you choose to save in a traditional ira? assume your tax rate is fixed at 30%. (round your answers to 2 decimal place.)

Nichols inc. manufactures remote controls. currently the company uses a plantminuswide rate for allocating manufacturing overhead. the plant manager is considering switchingminusover to abc costing system and has asked the accounting department to identify the primary production activities and their cost drivers which are as follows: activities cost driver allocation rate material handling number of parts $5 per part assembly labor hours $20 per hour inspection time at inspection station $10 per minute the current traditional cost method allocates overhead based on direct manufacturing labor hours using a rate of $20 per labor hour. what are the indirect manufacturing costs per remote control assuming an method is used and a batch of 10 remote controls are produced? the batch requires 100 parts, 5 direct manufacturing labor hours, and 3 minutes of inspection time.

Blue spruce corp. has the following transactions during august of the current year. aug. 1 issues shares of common stock to investors in exchange for $10,170. 4 pays insurance in advance for 3 months, $1,720. 16 receives $710 from clients for services rendered. 27 pays the secretary $740 salary. indicate the basic analysis and the debit-credit analysis.

Later movers do not face: entrenched competitors. reduced uncertainty over technologies. high growth markets. lower market uncertainty.