A taxpayer currently has $20,000 in a traditional deductible IRA. She comes to you for advice about whether to convert the $20,000 into a Roth IRA. The taxpayer faces a current tax rate of 24%, and she expects to face the same rate when she retires in 40 years. She is currently earning 12% per year pretax in the deductible IRA, and she expects to continue to earn this pretax rate of return regardless of whether she is investing in a deductible IRA or a Roth IRA. Should the taxpayer convert to a Roth IRA

Identify the accounting assumption or principle that is described below. (a) select the accounting assumption or principle is the rationale for why plant assets are not reported at liquidation value. (note: do not use the historical cost principle.) (b) select the accounting assumption or principle indicates that personal and business record-keeping should be separately maintained. (c) select the accounting assumption or principle assumes that the dollar is the "measuring stick" used to report on financial performance. (d) select the accounting assumption or principle separates financial information into time periods for reporting purposes. (e) select the accounting assumption or principle measurement basis used when a reliable estimate of fair value is not available. (f) select the accounting assumption or principle dictates that companies should disclose all circumstances and events that make a difference to financial statement users.

The law says your employer is responsible for providing you with a safe and healthy workplace. true or false?

If consumers start to believe they need a product, what is likely to happen? a. the demand becomes less elastic. b. the demand becomes more elastic. c. the supply decreases. d. the price decreases.