Jessica retired at age 65. on the date of her retirement, the balance in her traditional ira was $200,000. over the years, jessica had made $20,000 of nondeductible contributions and $60,000 of deductible contributions to the account. if jessica receives a $50,000 distribution from the ira on the date of retirement, what amount of the distribution is taxable?

Pennewell publishing inc. (pp) is a zero growth company. it currently has zero debt and its earnings before interest and taxes (ebit) are $80,000. pp's current cost of equity is 10%, and its tax rate is 40%. the firm has 10,000 shares of common stock outstanding selling at a price per share of $48.00. refer to the data for pennewell publishing inc. (pp). pp is considering changing its capital structure to one with 30% debt and 70% equity, based on market values. the debt would have an interest rate of 8%. the new funds would be used to repurchase stock. it is estimated that the increase in risk resulting from the added leverage would cause the required rate of return on equity to rise to 12%. if this plan were carried out, what would be pp's new value of operations? a. $484,359 b. $521,173 c. $584,653 d. $560,748 e. $487,805

Which three of the following expenses can student aid recover? -tuition -television -school supplies -parties and socializing -boarding/housing

Rich is researching for an economics paper on the history of exchange rates between the us and great britain. the best choice for rich to use is