Answer:
The correct answer is False.
Explanation:
Schedule M-1 is required when the gross income of corporations or their total assets at the end of the year is greater than $ 250,000.
Schedule M-3 asks certain questions about the financial statements of the corporation and reconciles the net income (loss) of the financial statements for the corporation (or group of consolidated financial statements, if applicable).
Answer:
Lower interest rates – reduce cost of borrowing and increase consumer spending and investment.
Increased real wages – if nominal wages grow above inflation.
Higher global growth – leading to increased export spending.
Devaluation, making exports cheaper and imports more expensive, increasing domestic demand.
Explanation:
Some ways you can help the economy are
1. Lower interest rates – reduce cost of borrowing and increase consumer spending and investment.
2. Increased real wages – if nominal wages grow above inflation.
3. Higher global growth – leading to increased export spending.
4. Devaluation, making exports cheaper and imports more expensive, increasing domestic demand.
Answer: Harrison will acknowledge a gain equal to the difference between his basis and the distribution . This is because he receives only money in the distribution and the amount transcend his basis in KH. He further allot his entire basis in KH to the basis in the money received resulting in $0 basis in KH after the distribution.
∴ <em>The capital gain will be $6000 i.e. (50000 - 44000) and $0 basis.</em>
Obtain a customer signed statement acknowledging that an annuity transaction is not recommended if a customer decides to enter into an annuity transaction that is not based on the insurance producer's or insurer's recommendation.
<h3>Who is responsible for verifying your suitability?</h3>
The insurer or third party delegate authorized pursuant to section 224.
6(c) of Regulation 187 conducts a suitability review prior to the issuance of an insurance product or the effectuation of a sales transaction; and.
The insurer has procedures designed to prevent financial exploitation and abuse.
<h3>What factors are important considerations when determining suitability of an annuity sale?</h3>
Suitability Information Gathered by an Insurer
- Age.
- Annual income.
- Financial situation and needs, including the financial resources you're using to fund the annuity.
- Financial experience.
- Financial goals and objectives.
- Intended use of the annuity.
- Financial time horizon.
Learn more about insurance here:
<h3>
brainly.com/question/15171641</h3><h3 /><h3>#SPJ4</h3>
Answer: bonds
Explanation: will allow for a risk free option and to gain money from a little bit of time and money
(not 100% sure on answer but I believe it is bonds)