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vitfil [10]
3 years ago
8

As an IAR, you have gotten to know one of your customers and have prepared a financial/investment plan for her retirement based

on her circumstances. You advise her that the plan is flexible and will change as her circumstances change. Among the life events that may require such a change in the plan are of the following EXCEPT:
[A] Marriage
[B] Divorce
[C] Child birth
[D] Moving to a new home
Business
1 answer:
serg [7]3 years ago
3 0

Answer:

D) Moving to a new home

Explanation:

When you move to a new home that usually should not change your investment plans, unless you are purchasing some extremely expensive home that will alter your finances completely.

If you move to another state, you will need to change your legal domicile which might require some changes, but it should not affect your financial position.

But if you get married, have a child or get divorced, then your financial position will change dramatically, since your personal finances are affected by these events.

You might be interested in
Wayne Industries is building a new prototype riding lawnmower especially for women. The marketing strategy for the product has b
7nadin3 [17]

Answer:

The answer is option E) The new-product idea is at the last stage of the development process.

Explanation:

The are several stages in the development of a new product idea. Beginning with initial idea generation all the way to the final evaluation stage.

The new prototype riding lawnmower especially for women designed by Wayne Industries is at the last stage of the development process.

The last stage of the development process also known as the Evaluation phase is characterized by:

  • Presenting the marketing strategy developed for the product.
  • ensuring that the product meets all the CPSC product specifications and leaves little chance for any product liability issues.
6 0
3 years ago
Timothy and his wife are considering the purchase of a new car. In addition to the price, they are also considering the cost of
Ivenika [448]

Answer:

The correct answer is D

Explanation:

Consumer cost is the cost which is described as the price of the product and also encompasses the cost of the purchase, post use cost and the use costs.

The cost or expense of the purchase comprise or involve the cost of information gathering, searching the product regarding or in relation to the product as well as the cost of obtaining or acquiring the information.

Therefore, they are considering the price and also the license fees, insurance, finance charges and maintenance. So, all of the factors states the consumer cost.

3 0
3 years ago
Jamie wants to purchase a notebook computer, but she has limited product knowledge about computers other than how to turn one on
vodka [1.7K]

Answer:

High-involvement purchase situation.

Explanation:

As part of the consumer decision process, the process consumers go through in making a purchase can differ between low involvement and high involvement purchase decision.

Low involment:

-need recognition

-evaluation of alternatives

-purchase decision

-postpurchase evaluation

High involment:

-need recognition

-information search. advertising helps the search process by providing information and making it easy to find. This stage can be casual or formal.

-evaluation of alternatives

-purchase decision

-postpurchase evaluation

7 0
3 years ago
When you buy a house, what is the ball-park figure you should use for the price of the house
Advocard [28]
Buying a home is a big commitment. For most of us, it will be the biggest purchase we make in our lifetime. According to the National Association of Realtors, it also usually ties us to one place for about 12 years. Of course, the process is about more than finding a home you like. It’s about finding a home you can afford and enjoy for years to come. And the price tag you see isn’t the full story. It’s important to consider all of the financial factors of home ownership before you sign any dotted lines. Here are five costs to consider before buying a home this year (or any year!).
7 0
3 years ago
Clarice became very ill in August of 2019 and was unable to work the rest of the year. She had only $30,000 of income from her j
CaHeK987 [17]

Answer:

total taxable income = $73,000

tax liability = $7,505

Explanation:

Clarice's ordinary income $30,000

Clarice's capital gains:

  • selling of stock = $34,000 - $16,000 = $18,000
  • selling of coin collection = $55,000 - $30,000 = $25,000
  • total long term capital gains = $43,000

Clarice's taxable income = $73,000

Clarice's ordinary income tax rate 2011:

ordinary income = $30,000 - standard deduction $5,800 = $24,200

  • 10% on taxable income from $0 to $8,500  = $850
  • 15% on taxable income over $8,500 to $34,500 = $2,355

ordinary income taxes = $3,205

Clarice's capital gains tax rate 2011 = 10%

capital gains taxes = $43,000 x 10% = $4,300

total tax liability = $7,505

5 0
4 years ago
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