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3 years ago

Which of the following statements are TRUE with regard to variable annuities?

Business

1 answer:

patriot [66]3 years ago

3 0

Answer:

(B) I and III

Explanation:

The variable annuity contract allows the investor tho make monthly payment for retirement in two pahses. First it will accumulate on his accounts by mading monthly deposits to yield a return on the fund, stocks or bonds. Then, the investor at retirement age enter the second phase. At which receives payouts from his deposists and earnings.

Therefore, the owner caccounts fluctuate during accumulation period as is ncreaseing or decreasing based on the investment made.

Finally, like all contract is subject to federal and state authority.

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How do you calculate a company's net worth?

Musya8 [376]

Answer: d
To find a companies net worth you subtract total liabilities from total assets
Your welcome…

5 0

2 years ago

in preparing a statement of cash flows under the indirect method, an increase in accounts payable would be reported or included

Nana76 [90]

Answer:

In preparing a statement of cash flows under the indirect method, an increase in accounts payable would be reported or included as a(n):

source of cash.

Explanation:

Accounts payable are liabilities owed to suppliers for goods or services. They are listed on the balance sheet under current liabilities and on the cash flow statement under operating activities. When preparing the statement of cash flows, an increase in accounts payable is regarded as a source of cash while a decrease is regarded as a use of cash.

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3 years ago

416,000 people each receive an average refund of $3,600, based on an interest rate of 3 percent, what would be the lost annual i

victus00 [196]

Answer:

$44,928,000

Explanation:

The fact that 416,000 received a refund of $3,600 each means that the tax authority would lose the interest income that could have been generated on the total refund amount based on a 3% interest rate of return.

Lost annual income=number of people who got refund*average refund per person*interest rate of return

number of people who got refund=416000

average refund per person=$3,600

the interest rate of return=3%

Lost annual income=416,000*$3,600*3%

Lost annual income=$44,928,000

6 0

3 years ago

During which phase in the process must a firm allocate its factors of production?

Burka [1]

In economics, the three stages of production are increasing average product production, decreasing marginal returns and negative marginal returns. It would be during the first stage that a firm must allocate its factors of production. Hope this answers the question.

4 0

3 years ago

Read 2 more answers

Calculate total GDP for this economy given the following components of supply. Round your answer to the nearest tenth and enter

Sav [38]

Answer:

The GDP Rounded to the answer to the nearest ten = $21 trillion

Explanation:

What Is GDP?

Gross Domestic Product (GDP) is the total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period. As a broad measure of overall domestic production, it functions as a comprehensive scorecard of the country’s economic health.

Though GDP is usually calculated on an annual basis, it can be calculated on a quarterly basis as well.

Using the The Expenditure Method - Aggregate Demand (AD) the formula for GDP is: 

GDP = C + I + G + (Ex - Im),

where “C” equals spending by consumers,

“I” equals investment by businesses,

“G” equals government spending and

“(Ex - Im)” equals net exports, that is, the value of exports minus imports.

GDP =

C = 3.8 + 2.7 + 12.2 = $18.7 trillion

I = 2.1 + 0

GDP = 18.7 + 2.1 = $20.8 trillion 

GDP = $20.8 trillion 

Rounding the answer to the nearest ten = $21 trillion

8 0

3 years ago