The answer is $0.00 (third option).
Explanation:
During the year of 2018, the annual exclusion of both federal and state tax to cash gifts was up to $15,000 per individual. <em>Annual exclusion</em> means that there's up to a certain amount of money that can be gifted without being taxable. In this case, John and Joan's cash gift falls within the limit.
When couples gift money to their family members, the limit is precisely $15,000 per relative, individually; meaning the can gift up to a total of $60,000 without being subject to gift tax.
Answer: b. The beta of the portfolio is higher than the highest of the three betas
Explanation:
The beta of a portfolio is calculated as a weighted average of the individual betas of the individual stocks. As such, the highest individual beta will be the upper limit of the portfolios entire beta.
For instance.
3 stocks A, B and C have betas of 1, 1.3 and 2 respectively.
A has a weight of 1%, B has a weight of 1% and C has a weight of 98%.
The portfolio beta will be;
= (0.01 * 1 ) + ( 0.01 * 1.3) + ( 0.98 * 2)
= 1.98
Even if the stock with the highest beta had an advantage of weighing such a high figure, it it mathematically impossible for the portfolio beta to be higher than it.
Financial aid it helps pay for things kids need
Answer:
The correct answer is Cash and Carry.
Explanation:
Cash and carry ("Buy (take) and take (it)") is considered a commercial formula similar to an economato, evolved from traditional wholesale, with the particularity of addressing only and exclusively professionals (independent retailers and hoteliers) and operate on a free service basis. The retailer travels to the location of the wholesaler, chooses the items he needs, pays them and transports them, in front of the conventional procedure of placing the order to the wholesaler, so that he can transport it and serve it in the establishment of the retailer.
The concept of "Cash and Carry, wholesale self-service", is a commercial formula adapted to the needs of certain retailers, restaurants, cafes, hotels and other service providers, such as some institutions (HoReCa Sector, Hotels-Restaurants-Caterers). It is basically designed for professionals in the HoReCa sector, but it also accepts clients that are large consumers, such as institutions or educational centers.
In summary:
It is a wholesaler; that is, it never sells to an end consumer. To access a Cash and carry establishment, you must have a card or identification that proves the status of a retailer.
It has a commercial policy based on price and continuous offers.
Know your customers, their consumption and needs well.