Answer:
in the settings
Explanation:
A QuickBooks payment service is a credit card processing option that is for the merchant accounts which includes the accounting software called QuickBook. It is managed by Intuit.
For instant deposit option in their QuickBooks payment account, a customer has to --
Select the Settings ⚙ button and then go to Account and settings. After that select the Payments tab and then go to the Deposit Speed section. From there select the Set a schedule for any instant deposits. Finally select the days for which you want instant deposits for.
Answer:
C. This client would be best suited by buying puts on BCD
Explanation:
Buying puts on BCD is the best option strategy for protection of the profits
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The rate of inflation is 4.8%.
Given that,
- The CPI of a country in October is given to be 210. In November, the CPI rises to 220.
Based on the above information, the calculation is as follows:
= (220 - 210) ÷( 210)
= 4.8%
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Answer: Ordinary income tax on earnings exceeding basis.
Explanation:
From the question, we are informed that a 60-year-old customer purchases a nonqualified variable annuity and withdraws some of her funds before the contract is annuitized.
The consequences of this action is that Ordinary income tax on earnings exceeding basis. It should be note that the distributions from a nonqualified plan had to do with return on original investment and income from the investment. Since there's defer of the income, it'll be taxable as an ordinary income.