Answer:
A. 85% stocks and 15% bonds/cash equivalents.
Explanation:
Being that Miguel is 25 years old, he has a very long time horizon over which his investments can grow. The fact that he has a low financial health means that he needs to adopt an aggressive investment strategy and that complements his high tolerance for risk. Investing majority of his assets should be in stocks since stocks are riskier than bonds and a small proportion in the latter. Therefore, 85% in stocks and 15% in stocks and cash equivalents would be ideal.
I guess the correct answer is $686, 800
XYZ corporation has income before taxes of $2 million and received $100,000 in preferred dividends from a company in which it owns 25% of the outstanding shares. If XYZ corporation is in the 34% tax bracket, it will pay taxes of $686, 800.
Since XYZ corporation owns 25% of the outstanding shares, it is exempt from paying taxes on 80% of dividends received from the stock. The corporation would need to pay taxes on only $20,000 of the dividends received (20% of the $100,000 in preferred dividends) plus the $2,000,000 of income the corporation earned. Since the corporation is in the 34% tax bracket, the tax would be $686,800. (34% of $2,020,000 = $686,800.)
A market mix is the blending of four marketing elements product, distribution price and promotion
Answer:
C. $100,000
Explanation:
It is mentioned in the question that the policy is a joint life policy on the individual and his wife.
The amount of the policy is $100,000
Therefore,
Since it is a joint life policy, the death benefit will be paid upon the first death which is the death of the individual and his wife will receive the money equal to the amount of policy purchase i.e $100,000
Answer:
The answer is: B) Binh works with managers within his business unit to develop and implement concrete strategies for his division that align with corporate goals.
Explanation:
An strategic plan is a document (must be written) that communicates the company's goals, what actions are needed to achieve these goals and all other necessary elements developed and required by the planning strategy.
Since Binh was recently named general manager he has to work with his unit (departmental) managers to develop an strategic plan for the business unit that is aligned with the business plan of the whole company.