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andreyandreev [35.5K]
3 years ago
7

A variable annuity is a: A face amount certificate company B management company C fixed unit investment trust D participating un

it investment trust
Business
1 answer:
ki77a [65]3 years ago
8 0

Answer:

D participating unit investment trust

Explanation:

A variable annuity is a contract between you and an insurance company. It serves as an investment account that may grow on a tax-deferred basis and includes certain insurance features, such as the ability to turn your account into a stream of periodic payments. You purchase a variable annuity contract by making either a single purchase payment or a series of purchase payments.

A variable annuity offers a range of investment options. The value of your contract will vary depending on the performance of the investment options you choose. The investment options for a variable annuity are typically mutual funds that invest in stocks, bonds, money market instruments, or some combination of the three.

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In a decentralized system, a(n) _____ is responsible for the total management of the brand, including planning, budgeting, sales
Vinvika [58]

Answer: Brand manager  

Explanation:

The decentralized system is one of the type of organizational firm that basically managing all the operations and the functions of the firm. The decentralized system helps in taking the various types of effective and major decisions in an organization.

The main responsibility of the brand manager in the decentralized system is that it helps in adopting the various types of strategies for the purpose of achieving the given target in an organization by maintaining the brand integrity.  

 According to the given question, the brand manager is basically responsible for managing the overall sales management, planing, budgeting and also the total performance of the company profit.

  Therefore, Brand manager is the correct answer.

4 0
3 years ago
Financial Statements of a Manufacturing Firm The following events took place for Rushmore Biking Inc. during February, the first
Katyanochek1 [597]

Answer:

Required a.

<u>Rushmore Biking Inc. </u>

<u>Income Statement For the Month Ended February 28 </u>

Sales Revenue                                       $1,033,500

Less Cost of Sales                                  ($577,400)

Gross Profit                                               $456,100

Less Expenses :

Selling expenses                 $248,300

Administrative expenses      $92,400  ($340,700)

Net Income/(Loss)                                    $115,400

Required b.

Materials inventory, February 28  is $41,000

Work in process inventory, February 28 is $24,800

Finished goods inventory, February 28 is $17,100

Explanation:

First, Calculate the Costs of Goods Manufactured, then the Income Statement

Manufacturing Costs Schedule

Direct Materials                                                  $252,100

Direct labor                                                         $216,000

Overheads ($216,000 × 70%)                            $151,200

Total Manufacturing Costs                                $619,300

Less Transfer to Finished Goods                   ($594,500)

Closing Work In Process Inventory                   $24,800

Raw Materials T - Account

Debit :

Purchases                                                          $293,100

Totals                                                                 $293,100

Credit :

Transfer to Work In Process                            $252,100

Ending Balance                                                   $41,000

Totals                                                                 $293,100

Finished Goods T - Account

Debit :

Transfer from Work In Process                       $594,500

Total                                                                 $594,500

Credit :

Trading Account                                              $577,400

Ending Balance                                                   $17,100

Total                                                                 $594,500

5 0
3 years ago
Suppose the following information was taken from the 2014 financial statements of FedEx Corporation, a major global transportati
MatroZZZ [7]

Answer:

Please see attachment

Explanation:

Please see attachment

6 0
3 years ago
Which action would a bank most likely take when deciding whether a person
borishaifa [10]

Answer:B

Explanation:A.P.E.X

5 0
3 years ago
The following revenue and expense account balances were taken from the ledger of Guardian Health Services Co. after the accounts
vekshin1

Answer:

                             Guardian Health Services Co.

           Income Statement for the year ended February 28, 20Y0

                                                                        $                        $

Sales

      Service Revenue                                                          334,100

Cost of Goods sold

      Supplies Expense                                                         <u>    4,180</u>

Gross Profit                                                                          329,920

Operating expense

      Utilities Expense                                   26,800

      Wages Expense                                  262,700

      Depreciation Expense                            17,400

      Insurance Expense                                  8,530

      Miscellaneous Expense                           6,790

      Rent Expense                                         70,300

                                                                                         <u>   392,520</u>

Net profit/(loss)                                                                    (62,600)

Explanation:

The income statement is a statement that shows the net profit or loss of a business for a period end. It shows the income made and expenses incurred in the course of a given period.

7 0
2 years ago
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