Answer: $56,000
Explanation:
When a life insurance policy is transferred the taxable amount at death is the value of proceeds that the policy gives less the Cash surrender value and the premiums that have already been paid by the formula;
Taxable Proceeds = Total Proceeds received - (Cash Surrender Value + Premiums paid)
Taxable Proceeds = 100,000 - (30,000 + 14,000)
Taxable Proceeds = $56,000
Answer:
C) 0.5 USD
Explanation:
Swap is an arrangement in which two parties exchange their interest rates for mutual benefit. One party may receive fixed rate and other will receive floating rate based on LIBOR. In the given scenario the swap agreement was originated when the LIBIOR was 3%. The fixed rate was set to be at 4% so the net gain at the time of inception was 1%. When LIBOR increased after six month the net gain declined to only 0.5%.
Answer:
Organisation behaviour specialist.
Explanation:
Organisational behaviour specialists are people who study the behaviour of variety of individuals or employees in a work environment.
Organisational behaviour specialists make use of the following methods to study the behaviour of employees:
1) Anticident behaviour consequence analysis:
This involves studying the work environment of the employed, the behaviour that is generated as a result of the different conditions of the work environment and finding solutions that will lead to the elimination of such behaviours.
2) Pinpointing:
This method involves putting down certain punishments or consequences that will arise if a particular behaviour is carried out.
3) Observation and feedback:
Organisational behaviour specialist carry out different observations inorder to get a clear insight to certain behaviours, they also create feedback strategies to put an end to these negative behaviours.
Answer: Individual income taxes are applied to a more narrowly defined set of income sources.
Explanation:
An individual income tax is a tax that is imposed by the governments on the income that is generated by individuals within the state. By law, all taxpayers must file the income tax return yearly to determine their tax obligations.
Payroll tax is the tax paid on the wages and salaries of the employees and they are used to finance social insurance programs, like Social Security and Medicare.
The difference is that the inividual income taxes are more narrowly defined set of income sources. Payroll is one of the sources of income while, the individual income is made up of other sources like rents, and the income from other business.
