Answer:
The correct answer is A
Explanation:
Transfer of value is the term which is defined or described as the rule that stipulate when any interest in the policy or the life insurance policy is transferred for something of value such as property and money. A portion of the death advantage is subject to be taxed on the ordinary income.
So, when the money or amount of money is paid if the change of ownership in the life insurance policy happen or occur, then it is usually known as the transfer of the value.
Answer:
Wagner will pay 10 million in dividends
Explanation:
The company will use their retained earnings to finance their project and distribute dividends with the remaining amount.
Thats because the investment projects expect return greater than 15% therefore the manager will decide to maximize value of the share and reinvest the earnings to get a better cashflow in the future.
retained earings= 100,000,000 income - 20,000,000 dividends =
80,000,000 retained earnings
<u>(70,000,000) investment </u>
10,000,000 available for dividends.
Answer:
The correct answer is letter "B": creating common-size financial statements.
Explanation:
In financial accounting, the phrase <em>"spreading the financial statements"</em> equals recording the common-size financial statement. By this, information is displayed in the Balance Sheet as a percentage of a common base figure. The common-size statement typically uses total sales revenue as the common base.
Believes in something, values honesty and triump
Answer:
$213,500.
Explanation:
Retained earnings balance at the beginning of the year $ 166,000
- Cash dividends declared for the year 52,000
+ Net income for the year 99,500