Shauna Received a $100,000 Distribution from Her 401(k) Account This

question 12

Multiple Choice

Shauna received a $100,000 distribution from her 401(k) account this year. Assuming Shauna's marginal tax rate is 25%, what is the total amount of tax and penalty Shauna will be required to pay if she receives the distribution on her 59^th birthday and she has not yet retired?

• A) $0.
• B) $10,000.
• C) $25,000.
• D) $35,000.
• E) None of the choices are correct.

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Definitions:

Satisfying Customer Wants

The process of identifying and fulfilling the needs, desires, or preferences of customers through products or services.

Product Innovation

The development of new or significantly improved goods or services to meet consumer needs or open new markets.

Four Ps

A marketing model that identifies and optimizes the four key elements of marketing: Product, Price, Place, and Promotion.

Planning

The process of setting objectives, outlining strategies, and developing actions to achieve goals.