No it does not it is a non-alcohol soft drink
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<span>Janice is in the middle of a distinct period of an abnormally and persistently elevated mood. In the last week she has cleaned her house from top to bottom (breaking windows and dishes in the process), bought a new car that she can't afford, and dug up most of her yard in case she might want a garden next year. Janice is experiencing mania. In psychology, mania is defined as a state in which some is having a great deal of excitement, euphoria, delusions and </span>overactivity. The situation described above shows that Janice is having overactivity and is being compulsive about her tasks.
Answer:
modified endowment contract (MEC)
Explanation:
In such a scenario the life insurance policy becomes a modified endowment contract (MEC). This is a tax qualification of all life insurance policies that is activated once that policy's cumulative premiums exceed federal tax law limits, which causes the taxation structure and IRS policy classification of that contract to completely change.
Answer:
Net income= $2,328,000
ROA= 12%
ROE= 25.30%
Explanation:
Aquilera incorporation has a sales of $19.4 million
The total assets is $14.4 million
The total debt is $5.2 million
The profit margin is 12%
The net income can be calculated as follows
= profit margin × sales
= 12/100 × 19,400,000
= 0.12 × 19,400,000
= $2,328,000
The ROA can be calculated as follows
= Net income/Average Sales
= 2,328,000/19,400,000
= 0.12 × 100
= 12%
The ROE can be calculated as follows
= Net income/Total equity
Total equity= Total assets - Total debt
= 14,400,000-5,200,000
= 9,200,000
= 2,328,000/9,200,000
= 0.2530 × 100
= 25.30%