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ss7ja [257]
4 years ago
10

a customer has invested 20000 in a variable annuity. in the first year nav increases to 21100 at what rate wsill 1100 gain be ta

xed
Business
1 answer:
rjkz [21]4 years ago
7 0

Answer: 0%

Explanation:

The $20,000 contribution to the variable annuity is not taxed and neither is the gain, at least not yet.

With the variable annuity, the gains/earnings will be tax-deferred and the customer will only have to pay taxes when they withdraw the contributions.

When this happens they will be charged at the normal income tax rate.

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The marginal product of the 14th worker is 8 and the firm sells its output for $4 per unit. if labor is the only variable cost,
valentina_108 [34]

The marginal product of the 14th worker is 8 and the firm sells its output for $4 per unit. if labor is the only variable cost, then the value of the 14th worker's marginal product equals the wage.

The marginal product's value is equal to the wage, and it produces until the price reaches the marginal cost. A business that prioritizes profits decides how much labor it will use so that the wage and the value of the marginal product are equal. The marginal product of labor, also known as MPL, is the increase in total production that a company experiences when one additional unit of labor (often one additional employee) is added while all other factors of production stay constant. The difference in output or product caused by raising a variable input by one unit is known as the marginal product. You may figure it out by dividing the variation in production by the variation in labor employed.

Learn more about the marginal products here brainly.com/question/14056026

#SPJ4.

7 0
2 years ago
Jeremy is working on a spreadsheet. Which part of the information processing cycle will justify Jeremy's use of the spreadsheet
Tom [10]

Answer:

A

Explanation:

if its wrong than forsure d

7 0
3 years ago
Which of the terms or phrases listed below is more associated with financial statements prepared in accordance with U.S. GAAP th
nekit [7.7K]

Answer:

The answer is Accumulated other comprehensive income

Explanation:

The statement of  accumulated other comprehensive income is specific to U.S GAAP.It is known as statement of comprehensive under International Financial Reporting Standards.

The statement records losses and gains that are unrealized.For instance a company whose investment is in shares,would have to  record the investment at fair value, that is the market price at each year end, any gains or losses arising from such valuation,especially if the shares are held for long term, is posted to the accumulated other comprehensive income or statement of comprehensive income.

The reason is that the shares are still held within the business not yet disposed of,hence the gains or losses are not realized and should not be recognized in profit or loss.

4 0
4 years ago
michael has a credit limit and a balance of $3,000 on his visa card. his car broke down, he charged the $500 repairs to his visa
saveliy_v [14]

Answer:

He will likely incur the penalty APR, as well as an over-the-limit fee and a late fee—because VISA has to receive his payment in its office by the 20th, not have it postmarked by the 20th is the correct answer.

Explanation:

6 0
3 years ago
Junkyard Arts, Inc., had earnings of $593,900 for the year.
PIT_PIT [208]

Answer:

The basic EPS is $11.50

Explanation:

The basic earnings per share is the amount of net income that is earned per share of common equity or the amount of net income attributable to each share of common stock. The basic earnings per share (EPS) is calculated using the following formula,

Basic EPS = (Net Income - Preferred stock dividend) / Weighted average number of common shares outstanding

The preferred stock dividend for the period was = 7 * 2700 = 18900

Basic EPS = (593900 - 18900) / 50000

Basic EPS = $11.50

8 0
4 years ago
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