Answer:
$30,000 of taxable income
Explanation:
Given:
Total amount paid = $65,000
Face value of life insurance policy = $100,000
Surrender value receive = $95,000
Note: The amount received from the life insurance policy is non-taxable income but if any gain happens from the surrender of the policy, the amount of gain will be taxable.
Computation of Taxable income:
Taxable income = Surrender value receive - Total amount paid
Taxable income = $95,000 - $65,000
Taxable income = $30,000
<span>The situation in which dynamic explosives is trying to decide whether or not to launch a new product nationally represents a nonprogrammed decision.
</span><span>he nonprogrammed decision is characterized with uncertainty and higher level of risk involved regarding the </span>decision. It is u<span>sed for unique situations. </span>
Based on the coupon rate, the call price and the selling price, the yield to call is 11.06%.
<h3>How is the yield to call found?</h3>
The formula to find it is:
= (Coupon + (Call price - Current price) / Number of periods ) / ( (Call price + Current price) / 2 ) x 2
Solving gives:
=( (12%/2 x 1,000) + (1,120 - 1,110) / 6 semi annual periods ) ) / ( (1,120 + 1,110) / 2) x 2
= (61.667 / 1,115) x 2
= 11.06%
Find out more on the yield to call at brainly.com/question/14801120.
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<span>Simulation. It is the imitation of the operation of a real-world process or system over time. Simulation testing lays on the intersection of both property-based and example-based testing. It provides strong guarantees about externally-visible, client behavior. This is done in a controlled environment.</span>
That which is used by a seller to deceive a buyer is: a. Bait and switch
Bait and switch is a tactic that is used by entrepreneurs to attract customers. They tell them to purchase a good at a low price.
However, when they come to buy, they are encouraged to buy a good that costs more.
So, in this way, the bait and switch tactics is used by sellers to deceive the buyers.
Learn more about the bait and switch tactics here:
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