An individual who has completed college has been working for 9 years and is now 30 years old. He is thinking about returning to school in a few years to complete his masters degree and wants to set up a 529 Plan with himself as the beneficiary. Can he do this? A. No, because the donor and the beneficiary must be different persons in a 529 Plan B. No, because 529 Plans cannot be opened after age 30 C. No, because 529 Plans must have an independent trustee D. Yes

Answers

Answer 1

Answer:

D Yes

Explanation:

An uncommon aspect of 529 Plans is that both donor and receiver can be the same person. There is no age restriction on who may be the beneficiaries of the account. This person may themselves open a 529 plan and be both the donor and the beneficiary.

Therefore from the above explanation the correct answer is D


Related Questions

Assume that divisional income from operations amounts to $215,000 and top management has established 15% as the minimum rate of return on divisional assets totaling $1,000,000. The residual income for the division is

Answers

Answer:

$65,000

Explanation:

The computation of the residual income is shown below;

Residual income = Operating income - target income

where,  

Operating income is given in the question  

And, the target income could be calculated by

= Average invested assets × required rate of return

= $1000,000 × 15%

= $150,000

So, the residual income is

= $215,000 - $150,000

= $65,000

Help Wanted Ads Established company seeking full-time residential house cleaner. We will train. Must be honest and dependable. Call (123) 456-7890. Suburban medical facility seeking surgeon. Board Certified required. $1,000 signing bonus for every year of experience, up to $15,000. Send resume to 123 Medical Drive, Suburbia, GA. Temporary lifeguard needed to fill summer holiday shifts at outdoor swimming pool Must have CPR and Lifeguard certification. Apply in person to Bridgefront, 123 Bridgefront, Anytown, GA. Aircraft manufacturer seeking engineers with advanced degree in physics and no less than 15 years experience. Many positions available. Send resume to 123 Aircraft Blvd., Anytown, GA. According to the help wanted ad for a surgeon, how many years of experience will provide the LARGEST signing bonus?
A) 0-4 years
B) 5-9 years
C) 10-14 years
D) 15+ years​

Answers

Answer: D 15+ years

Explanation:

The more years the larger the sign bonus

Bonds with detachable stock warrants were issued by Flack Co. Immediately after issue the aggregate market value of the bonds and the warrants exceeds the proceeds. Is the portion of the proceeds allocated to the warrants less than their market value, and is that amount recorded as contributed capital

Answers

Answer: Yes

Explanation: Bonds with detachable stock warrants could be explained as bonds which gives the holder an added offer of being able to purchase a certain asset a a specified price at a certain time. According to the scenario above, the income generated from the Issuance of the bond falls below the aggregate market value of the bond, In this case, the portion of the proceed allocated to the warrant will be less than their market value which is largely due to the impact of the shortfall in the proceed generated from Issuance of the bond. Due to the shortfall in the allocated proceed, the share of proceed applied to the warrant will be noted as outstanding in the detachable stock warrant.

A department mines the prior year’s data to determine if there are patterns related to absenteeism on a month-by-month basis. Which department (i.e. business function) benefits from this technology?

Answers

Answer:

The human resources / Payroll department

Explanation:

One of the function of human resources department is monitoring and evaluation of employee's performance. The rate of regularity of employees at work is highly relevant for this purpose and the prior years data on the absenteeism on a month - month basis could give an idea on whether they have been getting it right.

Another area is in the function of payroll. The attendance of employees at work is a major factor in arriving at the appropriate payroll. this function can also benefit from the prior years data to evaluate the accuracy of payroll activities.

In 2006, Gap Inc. ended their relationship with 23 production facilities due to code violations. Several closings occurred because of the use of child labor. In response to these events the Gap created a large team whose purpose is to travel worldwide to ensure compliance with their Code of Vendor Conduct. This is an example of

Answers

Answer: Social responsibility.

Explanation: The action portrayed by Gap Inc. demonstrates an expemplary attitude worthy of emulation which nails down the principle of social responsibility by organizations. This principle looks beyond the profits and revenue generated by the company but also aims to play it's role and ensure that it's actions does not violate or degrade social ethics. The closure of some facilities due to human right violation and subsequent enforcement of compliance with the code and conduct is a strict signal towards the company's strict stance at supporting and enforcing social responsibility.

Job specifications can be defined as: a. planned sequences of jobs through which employees may advance within an organization. b. written descriptions of the basic responsibilities required of an employee holding a particular job. c. a set of procedures for advertising job openings within a company to existing employees. d. a written summary of the qualifications needed to successfully perform a particular job.

Answers

Answer:

Option d would be the correct approach.

Explanation:

The organized database of the important tasks required in carrying out a task that has been extrapolated from such a job description and used in job classification and assessment and personnel policies as well as positioning.This usually includes tasks, intent, obligations, nature including employment conditions of a position including the description of the position, as well as the identity or description of the individual the input data to.

Many examples do not apply to the subject being discussed. So option d is indeed the right one.

A third party can increase the supply chain surplus by aggregating demand across multiple firms and gaining production economies of scale that no single firm can on its own. This is called Group of answer choices

Answers

Answer: Capacity aggregation

Explanation:

Capacity aggregation is the planning and management of the entire capacity of the resources of an organization.

Capacity aggregation is when a third party can increase the supply chain surplus by aggregating demand across multiple firms and gaining production economies of scale that no single firm can on its own.

Buyers of put options anticipate the value of the underlying asset will __________, and sellers of call options anticipate the value of the underlying asset will ________. Group of answer choices Cannot tell without further information increase; decrease decrease; increase decrease; decrease increase; increase

Answers

Answer:

Decrease;decrease.

Explanation:

In Business, an option is a legal contract which gives a buyer the right but not an obligation, to sell (such as put) or buy (such as a call) the underlying asset at a specific or given price on or before a certain date.

Generally, buyers of put options anticipate the value of the underlying asset will decrease, and sellers of call options anticipate the value of the underlying asset will decrease.

What is a kiosk?
A. A stand-alone structure that offers information or a place to make
purchases
B. A display located at the end of an aisle in a store
C. A place that displays merchandise so that people can see it from
the street
D. A place in a store where people make purchases, including
impulse buys

Answers

Answer:

A kiosk is basically a structure where people can obtain information or make purchases. (Example: Information kiosk for a museum/visitor center).

Given this, one can clearly see that the correct answer is A. "A stand-alone structure that offers information or a place to make  purchases."

Let me know if this helps

Answer: A stand-alone structure that offers information or a place to make purchases

Explanation: Just took the test

Which organization does not work for consumers
Federal trade comission
Food and drug administration
Federal treasury
Better business bureau

Answers

Answer:

Which organization does not work for consumers

Federal treasury

Explanation:

The other three are consumer-focused.  But the Federal Treasury is a US government agency that advises government on fiscal matters.  It performs some law enforcement activities to help government enforce laws on fiscal policies.  It is also responsible for manufacturing the currency and postage stamps.  Finally, it has responsibility for the supervision of national banks in the United States.

Answer:

It might b

Explanation:

As defined in the Uniform Securities Act, an investment adviser is all of the following except:_______. 1. a broker-dealer who charges for investment advice 2. a publisher of a financial newspaper 3. a person who sells security analysis 4. a CPA who, as an incidental part of his practice, suggests certain tax-sheltered investments to his affluent clients

Answers

Answer:

A publisher of financial newspaper

A CPA who as an incidental part of his practice , suggests certain tax sheltered investment to his affluent client

Explanation:

An investment adviser is a firm that is registered for the business of making investment recommendations or conduct securities analysis by managing clients assets and advising on potential investment in securities.

A publisher of financial newspaper and a CPA who as an incidental part of his practice , suggests certain tax sheltered investment to clients are not qualified as investment advisers under the uniform securities act.

The marketing manager from a heavy-equipment manufacturer in Dallas,Texas was attending an international trade show in Japan.There were many prospective customers from different countries who seemed interested in the firm's product.However,they had difficulty following the manager's explanations of product features due to his heavy Texas drawl.In this case,the accent would be considered:__________.
A) an encoding error
B) a decoding error
C) culture shock
D) noise
E) distortion

Answers

Answer:

D) noise

Explanation:

Since it is mentioned in the question that there were many possible customers who belong from different countries are seemed interested in the firm product but at the time when the manager explained the features of the product, there was difficulty due to heavy Texas drawl.

So this situation represents the noise and hence the same is to be considered

Iggie took a university teaching job as an assistant professor in 1980 at a salary of $15,000. By 2011, she had been promoted to full professor, with a salary of $70,000. If the price index was 82 in 1980 and 225 in 2011, then what is Iggie's 2011 salary in 1980 dollars

Answers

Answer:

$25,511.11

Explanation:

Iggie's salary in 1980 dollars = (salary / 2011 price index) x 1980 price index = ($70,000 / 225) x 82 = $25,511.11

The price index shows us how much the value of money has changed over time. In this case, $82 in 1980 could purchase X goods. In 2011, you would need $225 in order to be able to purchase the same amount of X goods.

Why should you understand what you can and cannot copyright?

Answers

Answer:

Copyright is important as it helps to protect the value of an author/academic/researchers work, by giving the originator of the work the ability to protect it from unlicensed or uncredited usage.

Explanation:

Answer:

So that therefore you wouldn't be fined of plagiarism of any kind.

Explanation:

Brick Co. has 170,000 shares of common stock outstanding at January 1, Year 5. On May 1, Year 5, it issued 30,000 additional shares of common stock. Outstanding all year were 12,000 shares of convertible cumulative preferred stock. Each share of the convertible preferred stock, which was dilutive in Year 5, is convertible into one share of Brick's common stock. What is the number of shares that Brick should use to calculate Year 5 diluted earnings per share

Answers

Answer:

the number of shares that Brick should use to calculate Year 5 diluted earnings per share is 202,000 shares.

Explanation:

Diluted Earnings per share takes into account the potential voting rights in the calculation of the Weighted Average Number of Common Stocks Outstanding.

Weighted Average Number of Common Stocks Outstanding Calculation :

Outstanding at beginning of the Year                                         170,000

Issued May 1 : 30,000 × 8/12                                                         20,000

Convertible cumulative preferred stock                                        12,000

Weighted Average Number of Common Stocks Outstanding 202,000

A bond is being issued to build a toll road. It has been identified that the state does not own all of the property that the road is going to be built upon. This would most likely be disclosed in

Answers

Answer: Prospectus

Explanation: When companies requires partners usually in other to raise funds required to finance a project, this is usually done through the sale of shares or bond offering. In other to achieve this, cm the company issues a prospectus which could be termed as a formal invitation used to present such offer to the public. The prospectus offered will contain comprehensive details of the terms and project upon which the public have been invited to Invest into without any ambiguity or false statements.

Therefore, it will most likely be stated in the prospectus if the the property upon which the road is to be constructed does not all belong to the government. This is required in other to get prospective buyers informed and prepared.

All of the following are reasons that the statement of cash flows is useful to the analyst except: A. The statement of cash flows shows how cash is generated during an accounting period and how it has been used. B. A positive net income figure on the income statement is ultimately insignificant unless a company can translate its earnings into cash, and the only source in financial statements for learning about cash generation is the statement of cash flows. C. The statement of cash flows shows the adjustments made to net income in order to calculate cash flow from operations; those should be examined to determine why cash flow from operations is negative or positive. D. The statement of cash flows is the only financial statement that cannot be manipulated.

Answers

Answer: The statement of cash flows is the only financial statement that cannot be manipulated

Explanation:

The cash flow statement is used to know how much cash is coming into and going out of a business.

The statement of cash flows shows the adjustments that can be made to the net income to calculate cash flow from operations.

The assumption that the statement of cash flows is the only financial statement that cannot be manipulated is wrong.

The statement of cash flows is the only financial statement that cannot be manipulated is not reason that the statement of cash flows is useful to the analyst.

Cash flow statements are important for all investors, which makes financial analysts increase the inflow of cash flow so that it looks good for investors and becomes confident in the business.  

Therefore, cash flow is essential in providing cash availability its inflow and outflow to accountants as well as analysts that is further used for developing income statements.

Learn more about cash flow statements here:

https://brainly.com/question/14467817

All of the following are true regarding traditional manufacturing except a.traditional manufacturing practices tolerate defects. b.traditional manufacturing practices increase inventory to protect against process problems. c.traditional manufacturing practices decrease lead time to protect against uncertainty. d.traditional manufacturing practices emphasize product oriented layout.

Answers

Answer: c.traditional manufacturing practices decrease lead time to protect against uncertainty.

Explanation:

The traditional manufacturing practices tolerate defects and also increase inventory to protect against process problems.

It should also be noted that traditional manufacturing practices emphasize product oriented layout.

The option that traditional manufacturing practices decrease lead time to protect against uncertainty is false.

Gilbert & Sons is a leveraged firm. It has 300,000 shares of stock outstanding with a market price of $32 per share. The company also has $6.6 million of debt outstanding that sells at par. The pre-tax cost of debt is 9 percent and the unlevered cost of capital is 12 percent. What is the cost of equity if the tax rate is 35 percent?

Answers

Answer:

13.34%

Explanation:

According to the MM theory :

re = ro + (ro - rd)(1-t)D/E

where re = cost of equity

ro = unlevered cost of capital

t = tax rate

d/e = debt to equity ratio

equity = 300,000 x $32 = $9,600,000

D/E = $6.6 million / $9.6 million = 0.6875

12% + (12% - 9%) x (1-0.35) x 0.6875 = 13.34%

Identify two prices indices?

Answers

Answer:

Some notable price indices include:

Consumer price index.

Producer price index.

Employment cost index.

Export price index.

Import price index.

GDP deflator.....

Answer:

consumer price indexproducer price index

Explanation:

consumer price index: it measures changes in the price level of a weighted average market basket of consumer goods and services purchased by households.

producer price index: it is a price index that measures the average changes in prices received by domestic producers for their output.

A local electricity - generating company has a monopoly that is protected by an entry barrier that takes the form of:________. a. economies of scale. b. perfectly inelastic demand curve. c. control of a key raw material. d. network externalities.

Answers

Answer:

a. economies of scale.

Explanation:

Economics of scale refers to a scale in which there is a benefit of the cost that occurs when there is an efficient production

It can be accomplished by rising the production at less cost this arise as cost are allocated among the larger number of goods

Here, the local electricity who generated the company has a monopoly and are safe from the entry barrier

So this is a case of economies of scale

Hence, the correct option is a. economies of scale

During the early years of the Reagan administration, some of the presidential advisors argued that tax cuts could reduce inflation because they would give people an incentive to produce more. Critics of this argument believed that tax cuts would increase inflation, not reduce it. The critics were arguing that tax cuts move the:

Answers

Answer:

The correct solution is "Aggregate demand curve to the right with little change in long-run aggregate supply".

Explanation:

Together all long-term aggregate demand curve implies that the average has some degree of environmental production this could generate, anywhere at a competitive price. When major inflation increases prices multiply simultaneously, and now in the long term, your community could still contribute to the provision. The critics argued that tax reductions shift the aggregate equilibrium to the right with really no improvement throughout the aggregate production in the long term.

Organizations covered by the federal hipaa privacy law are expected to:

Answers

Answer: Organizations under the federal HIPAA privacy law are expected to do all of these things: provide cover for  identifiable personal information about the "past, present or future physical or mental health conditions of patients.

Explanation: Privacy protections come from both federal and state law, and the HIPPA privacy law contains rules about who can access health information, and under what circumstances these information can be given. The law thus governs health care providers, health plans, and health information clearinghouses, their business associates, and the workers for those organizations. Organizations under the HIPAA privacy law must cover identifiable personal information about the "past, present or future physical or mental health condition of patients in any form or medium, as long as it is identified (or identifiable) as a particular patient's information and data.

Which benefit is often associated with command economies and most likely
achieved in a mixed economy?

Answers

Answer:

The establishment of social welfare programs.

Explanation:

This is the answer for Ap3x.

The benefit of social welfare programs is often associated with command economies and most likely achieved in a mixed economy.

What is the significance of social welfare programs?

A social welfare program can be referred to or considered as such program that relates to activities of the welfare for the underprivileged sections in an economy and try to bring an overall development in a developing or developed economy.

The significance of a social welfare program can be in association with a command economy most of the time. Moreover, a social welfare program, is a phenomenon which cannot be achieved unless there is a form of mixed economy in the society.

Therefore, the significance of social welfare programs has been aforementioned.

Learn more about social welfare programs here:

https://brainly.com/question/14413395

#SPJ2

Marsh Corporation purchased a machine on July 1, 2012, for $1,250,000. The machine was estimated to have a useful life of 10 years with an estimated salvage value of $70,000. During 2015, it became apparent that the machine would become uneconomical after December 31, 2019, and that the machine would have no scrap value. Accumulated depreciation on this machine as of December 31, 2014, was $295,000. What should be the charge for depreciation in 2015 under generally accepted accounting principles

Answers

Answer:

$191,000

Explanation:

The computation of straight line depreciation is shown below:-

Straight line Depreciation:

= (Book value - Salvage value) ÷ Remaining life

= ($1,250,000 - $295,000 - 0) ÷ (From 2015 to 2019)

= ($1,250,000 - $295,000 - 0) ÷ 5 year

= $191,000

Therefore for computing the straight line depreciation we simply applied the above formula.

Suppose the population of country ABC rises from 40 million to 44 million. If the country's Real GDP rises from $825 billion to $890 billion during this same period, the result is _________________ economic growth.

Answers

Answer: absolute economic growth but not per capita real

Explanation:

Real gross domestic product (GDP) shows the value of all the goods and services that are produced by an economy in a particular year which has been adjusted due to inflation.

Since the Real GDP has increased from $825 billion to $8990 billion, there has been absolute economic growth.

For the per capita growth, there has been a decline.

Hey y'all...

Can you guys help!!

How is foreign employment protectional /development board supportive to the foreign employment?

Use your own language!!

Thanks!!​

Answers

Answer:

The development objective of the project is to contribute to poverty reduction in Nepal, through reducing the vulnerability of Nepalese migrant workers to forced labour and trafficking, and increasing opportunities for safe and productive migration for employment overseas.

The development objective of the project is to contribute to poverty reduction in Nepal, through reducing the vulnerability of Nepalese migrant workers to forced labour and trafficking, and increasing opportunities for safe and productive migration for employment overseas

Self-insurance means:

Question 4 options:

A. Insuring your voice.


B. Buying health insurance.


C. Assuming your own financial risk for some of your property.


D. Buying extra insurance from your insurance company.

Answers

Answer:

assuming your own financial risk for some of your property

Answer:

Assuming your own financial risk for some of your property

Three key takeaways from the history of credit in america

Answers

The Diners Club Card in 1950 was the first credit card. The Franklin National Bank situated in Long Island, New York, issued the first bank credit card in 1951.

The profitability of credit cards did not last long before others saw it and by 1953, and 60 credit card programs were in the United States.It recorded the ability to pay back debts and proved responsible for their repayment.

Following are the key purchases from American credit history:

Credit history is a record of your debt repayment abilities and of your responsibility for repaying it.Includes the number and types of credit accounts you have credited, the duration of your account's opening, the amount owing, the quantity of available credit, whether you pay bills on time, and the number of recent credit requests.You will earn rewards for strong credit history, like cheaper rates on mortgage loans and automotive insurance.

Learn more:

brainly.com/question/7536106

Explanation:

I hope this image will help you

A client has a third-degree burn on the leg. The wound is being treated by the open method. After about 4 days, a hard crust has formed around the leg and is impairing the circulation to the leg. What procedure would be done to relieve pressure on the affected area?
A. escharotomy
B. debridement
C. allograft
D. silvadene application

Answers

your answer is third hope it's helpful to you

Allograft procedure would be done to relieve pressure on the affected area.

What is Allograft?

Allograft refers to the transplant of an organ or tissue from one person of the same species to another with a different genotype. For instance, an allograft is a transplant from one individual to another who is not an identical twin. Many human transplants, including those involving cadaveric, live related, and living unrelated donors, use allografts. also referred to as a homograft or an allogeneic graft.

Allografts can be used in a variety of conditions with varied degrees of severity. For instance, bone allograft transplants can be utilized for more cosmetic purposes in dentistry or plastic surgery, as well as to repair limbs in orthopedics.

Allograft transplants can be employed both during the operation and directly for the treatment of patients. A type of bone putty created from donated bone or tissue material is called a demineralized bone matrix. Musculoskeletal allograft transplants are the most popular kind of allograft transplants.

This relates to one of the primary justifications for the use of allograft transplants: synthetic materials can have characteristics that differ from those of biologically human tissue and may not be appropriate for the intended application. In addition, tissue from an allograft transplant usually fuses with the recipient's own tissue over time, becoming an indistinguishable component of the recipient's body. If one's own tissue cannot be used in sufficient quantities, allograft transplants may be employed.

Tissues can be prepared for allograft transplantation using a variety of techniques. To get rid of as many cellular components as feasible, the tissue is treated with antibiotics, and detergents during aseptic processing.

It is also possible to chemically sterilize allograft tissue using the sterilization process. Gamma irradiation, a type of electromagnetic radiation that purges the tissue of microorganisms, is frequently combined with this. However, viruses might not be eliminated by gamma radiation.

Hence, correct option is C.

To learn more about allograft, click here
https://brainly.com/question/453869?
#SPJ2

Other Questions
What was/is the name of the first newspaper in Sub-Saharan desert Sand and gravel are mixed in the ratio 5:3 form ballasta) How much gravel is mixed with 750kg ofsand?b) How much sand is mixed with 750kg ofgravel? Polychromasia Company sold inventory costing $30,000 to its subsidiary, Simply Colorful, for double its cost in 2009. Polychromasia owns 80% of Simply Colorful. Simply resold $50,000 of this inventory for $60,000 to outsiders in 2009. How much unrealized profit exists at the end of the year? a) $20,000 b) $8,000 c) $10,000 d) $5,000 Help.. ~Probability7. Find the probability of choosing a red counter if a counter is chosen from a box that contains the following counters. A. 3 red and 3 yellowB. 3 red and 5 yellowC. 1 red, 1 yellow and 2 blueD. 5 red, 12 green and 7 orangeE. 10 red onlyF. 6 blue and 4 green A coin is flipped eight times where each flip comes up either heads or tails. How many possible outcomes a) are there in total Gilberto Company currently manufactures 65,000 units per year of one of its crucial parts. Variable costs are $1.95 per unit, fixed costs related to making this part are $75,000 per year, and allocated fixed costs are $62,000 per year. Allocated fixed costs are unavoidable whether the company makes or buys the part. Gilberto is considering buying the part from a supplier for a quoted price of $3.25 per unit guaranteed for a three-year period. Calculate the total incremental cost of making 65,000 units. Incremental Costs to Make Relevant Relevant Total Amount per Fixed Costs Relevant Costs Unit Variable cost per unit $65,000.00 126,750 Fixed manufacturing costs Allocated fixed costs Total incremental cost to make 126,750 Part D What strengths and weaknesses do you see in your improved model? The town in this image is near an inactive volcano. If the volcano were to violently erupt, which location would be least affected by volcanic ash and lava? 1. I _______just ________my book.( finish)2. He _______already _____________his lessons. ( prepare)3. He ___________my sister since he was very young.(love)4. We ___________________El for 4 years.(learn)5. I ________________for two hours (wait), but she ________________yet. ( not come)6. This is the first time I _____________________to Paris. ( be)7. I_______________ that film several times because I like it. ( see)8. I __________________that novel written by Hemingway several times before. ( read)9. Up to the present / So far, we _______________almost every lesson in the book. ( write)10. We____________________to New York lately. (travel)11. I ______________________him recently (not see)12. __________you ever _________________Huong Pagoda? ( visit)13. You look hot- Yes, I _______________________ (run)14. Carol _________________________on the phone for two hours. ( talk)15. Wheres Sarah? Shes outside. She __________the gardening all this morning. ( do)16. My sister _______________for you since yesterday. ( look)17. I ________________ all afternoon (run)18. She __________________ to meet him all day ( hope)19. I ____________ never __________her before ( see)20. _________ he __________ the report since this morning? (type) Can you come up with a mathematical relationship, based on your data that shows the relationship between distance from the charges and electric field strength? A shopkeeper marks the price of an article 25% above the cost price. Then he allows a discount of 10% of the marked price. Find the profit percentage. What is the meaning of merits find the exact length of side a. Is -8 an irrational number?yes or no help... Please help!!!!!!!!!!! what is the scale factor from figure A to figure B Divide the rational expressions PLEASE HELP ME ITS MY LAST ONE!!! Read the sentences, look at the image and match each sentence with the name of the royal family member missing in the blank. Terms: La hermana de Sofa es ________. El padre Leonor es ________. La madre Leonor y Sofa es ________. La abuela de Leonor y Sofa es ________. Choices: A) Felipe IV B) Leonor C) Sofa D) Letizia Solve for x. Just give the equations. Daniella accidentally left the drain partially open as she began filling the bathtub. The amount of water, in gallons, pouring into the tub after x minutes is given by the function f. f( x )=12x The amount of water, in gallons, draining from the tub after x minutes is given by the function g. g( x )=6x What is the equation of a function k that gives the amount of water in the tub in this situation after x minutes?