Account balance in his traditional

Assignment Help Financial Management

Reference no: EM131350581

Assume that Alex is 74 years old at the end of year tired, and that his marginal tax rate us 25 percent his account balance in his traditional 401k was 1,250.000 at the end of last year. what is the minimum distribution Alex must receive from his 401k account for this year?

Reference no: EM131350581

Questions Cloud

What was ambrose total debt : At year-end 2014, total assets for Ambrose Inc. were $1.8 million and accounts payable were $395,000. Sales, which in 2014 were $2.8 million, are expected to increase by 15% in 2015. What was Ambrose's total debt in 2014? How much new long-term debt ..

Cost of common stock for whitewall : Whitewall Tire Co. just paid an annual dividend of $1.20 on its common shares. If Whitewall is expected to increase its annual dividend by 6.10 percent per year into the foreseeable future and the current price of Whitewall’s common shares is $16.98,..

Is the ebay in strong financial position : Is the eBay in a strong financial position? Explain. Basically, you need to analyze what all of the ratios, when taken as a whole, tell us about the overall financial health of the company.

What will be the forecast for year-end net income : Looking ahead to the following year, the company's CFO has assembled this information: Year-end sales are expected to be 11% higher than the $3 billion in sales generated last year. The tax rate is expected to remain at 40%. On the basis of that info..

Account balance in his traditional : Assume that Alex is 74 years old at the end of year tired, and that his marginal tax rate us 25 percent his account balance in his traditional 401k was 1,250.000 at the end of last year. what is the minimum distribution Alex must receive from his 401..

What is the company total book value-market value : Jiminy’s Cricket Farm issued a bond with 20 years to maturity and a semiannual coupon rate of 8 percent 3 years ago. The bond currently sells for 96 percent of its face value. The company’s tax rate is 35 percent. The book value of the debt issue is ..

Valued at for purposes of the capital budgeting analysis : Your company purchased a piece of land five years ago for $150,000 and subsequently added $175,000 in improvements. The current book value of the property is $225,000. In consideration of the factory project, what amount (if any) should the land be v..

Offer does not affect carry-alls other planned operations : Carry- all plans to sell 1300 carriers next year and has budgeted sales of $46,000 and profits of $22,000. variable cost are projected to be $20 per unit. micheal company offers to pay $20,800 to buy 600 units from carry-all. total fixed cost are 700..

What is the market risk premium : The market has an expected rate of return of 11.2 percent. The long-term government bond is expected to yield 5.8 percent and the U.S. Treasury bill is expected to yield 3.9 percent. The inflation rate is 3.6 percent. What is the market risk premium?

User Account

All Pages