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masha68 [24]
3 years ago
12

The _________ gives the owner of a variable annuity the ability to withdraw a maximum percentage of the annuity value until the

initial investment amount has been recouped.
Business
1 answer:
snow_tiger [21]3 years ago
6 0

Answer:

D. Guaranteed minimum withdrawal benefit

Explanation:

In the case of the guaranteed minimum withdrawal benefit, the benefit is available for fixed annuity and for a variable annuity.

When the market is down, the policyholder can withdraw the maximum percentage of the annuity value unless the amount of initial investment recouped.  

Withdrawal amount should be between of five percent to ten percent of the initial investment held.

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Oriole Company bought equipment for $290000 on January 1, 2021. Oriole estimated the useful life to be 5 years with no salvage v
xxMikexx [17]

Answer:

$43,500

Explanation:

Calculation for What is the revised depreciation expense for 2022

2022 Revised depreciation expense=290,000/4 years

2022 Revised depreciation expense=72,500

2022 Revised depreciation expense=(290,000-72,500)/(6-1)

2022 Revised depreciation expense=217,500/5

2022 Revised depreciation expense=$43,500

Therefore the revised depreciation expense for 2022 is $43,500

8 0
2 years ago
Read 2 more answers
Laura mentions that employees will come back from tea break on time because they know it will let down their fellow work mates i
cupoosta [38]

Answer:

Cooperation and trust

Explanation:

There are clear distinctions between groups and teams. A group is a set of people brought together by common interests and inevitable circumstances, while a team is a group of people working together to reach a common goal.

The responsibility in a team is evenly dispersed; although the work is not done individually, the team is acting as an individual. That means that <em>trust </em>has to be present among team members; we have to know we won't be let down by a team member, like we don't let down ourselves.

<em>Trust</em> is one of the most essential inputs for effective <em>cooperation</em>.  

A team possessing such characteristics is highly <em>cohesive</em>.

6 0
3 years ago
A common size analysis requires the representation of financial statement data relative to a single financial statement item (or
MArishka [77]

Answer:

The correct answer is letter "C": Total assets.

Explanation:

Total assets represent the total amount of assets that an individual or entity possesses to obtain a return from them. In accounting, it is obtained by subtracting the previous period total assets minus the current period total assets. They appear in the Balance Sheet of a company and is the baseline or common base item to which other line items are expressed.

7 0
3 years ago
Chrysler has a financial unit that is responsible for vehicle leases to consumers. it has a distinct mission, control over its r
tensa zangetsu [6.8K]

This financial unit is an example of a <u>"strategic business unit".</u>


Strategic Business Unit (SBU) suggests an independently managed division of an extensive organization, having its own vision, mission and goals, whose arranging is done independently from different organizations of the organization. The vision, mission and destinations of the division are both particular from the parent enterprise and essential to the long term execution of the enterprise.  

The structure of Strategic Business Unit comprise of working units; wherein the units fill in as a self-ruling business.

7 0
3 years ago
A "credit score" is a three-digit number which rates how much businesses like you personally.
Lesechka [4]

False.

Credit scores range from 300-850 and are a measure of your payment history, level of debt, and how long you have been responsible for debt.

3 0
3 years ago
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