Answer:
A low load variable annuity separate account with a growth objective
Explanation:
The customer's aim is to take retirement when he is around 60 years old, because he does not have a portfolio, a large stock fund mutual funds does not provide a lot of income, resulting in a higher risk and high risk.
A low load variable annuity separate account with a growth objective is the best suggestion for this customer to invest his money, because variable annuity will pay till the customer passes that better matches his objective
Answer: D) B
Explanation:
The Producer Surplus refers to the area below the Price Floor but above the Supply Curve and left of the new Quantity supplied. It comprises of areas B and E.
Before the Price Floor was introduced, area A, B and C were the Consumer Surplus as they were above the price but below the Demand Curve.
After the Price Floor was introduced however, area B has become a Producer Surplus.
Price bundling.
This is combining products together for a reduced price. Even though the price is reduced, it can result in more sales and profits by encouraging customers to buy more than one item.
Answer:
E. $560,000
Explanation:
Balance of Long term Investment
= Value of Investment - Pre Acquisition Dividend ($100,000*40%) + Share of Net Income ($500,000*40%)
= $400,000 - $40,000 + $200,000
= $560,000
Therefore, The balance in Madison Corporation's Long-Term Investment-Jay Corporation account as of December 31 should be $560,000.
Answer:
The correct word for the blank space is: interpreting.
Explanation:
Philosophy professor John Chaffee in his book "<em>Thinking Critically</em>" (1985) defines concepts as general ideas individuals use to recognize and organize experiences. According to Chaffe we from concepts by generalizing which implies focusing on common properties of a group of objects and by interpreting which implies considering different samples related to the concept to find out if they fulfill its definition.
Chaffee stated that concepts cannot be formed if the individuals do not know how to apply them and examples cannot be gathered if people do not know what those are examples of.
