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Sholpan [36]
3 years ago
14

Your customer, age 68, that has an IRA account at your firm valued at $500,000, passes away. The customer leaves the account to

his son, age 38. He has no need for current income as he is still working, and wishes to know his best option to minimize taxes. He expects to retire in 22 years, at which time, he will need the funds to pay for annual living expenses. You should advise the son to:
Business
1 answer:
schepotkina [342]3 years ago
5 0

Answer:

He should roll the funds over into a new IRA in the spouse's name

Explanation:

Since the son is expects to retire in 22 years, in which at that time he will be in need of the funds to pay for his or his Family annual living expenses the best advice I would give the son is for him to roll all the funds over into a new IRA in the name of spouse's because the IRA Account which is fully known as INDIVIDUAL RETIREMENT ACCOUNT is an individual retirement plan that can help to provides all tax the advantages that an individual needs for their retirement savings.

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Angelina's made two announcements concerning its common stock today. First, the company announced that its next annual dividend
Agata [3.3K]

Answer:

44

Explanation:

according to the constant dividend growth model

price = d1 / (r - g)

d1 = next dividend to be paid

r = cost of equity

g = growth rate

2.2 / 0.1 - 0.05 = 44

6 0
3 years ago
What is the tradeoff for the average worker when it comes to international trade policies in specialization and comparative adva
Aleks [24]

the tradeoff for the average worker when it comes to international trade policies in specialization and comparative advantage because there is the possibility that workers could be laid off from their job.

Barriers to international trade are policies implemented by governments to prevent international trade and protect domestic markets. These include subsidies, tariffs, quotas, import and export licenses and standardization.

All agreements establishing free trade areas have the same goal of liberalizing trade, promoting economic growth, and giving member countries equal access to markets.

The WTO oversees four international trade agreements: the GATT, the General Agreement on Trade in Services (GATS), and the Agreement on Trade-Related Intellectual Property Rights and Trade-Related Investments (TRIPS or TRIMS).

Learn more about international trade policies here: brainly.com/question/15115779

#SPJ4

5 0
1 year ago
The present value, today, of the terminal (perpetuity) value equity cash flow that begins in 7 years is $6,700,000 assuming a co
nignag [31]

Answer:

2.83%

Explanation:

P0 = $6,700,000

Cost of equity Ke = 8%

So, value of this perpetuity 6 years form now is  P6 = P0*(1+Ke)^6

= $6,700,000*(1.08)^6

= $6,700,000*1.58687432294

= $10632057.96

Free cash flow at year 7 (FCF7) = $550,000

So, using constant growth model, g = Ke - FCF7 / P6

g = 0.08 - 550000/10632057.96

g = 0.08 - 0.05173034

g = 0.02826966

g = 2.83%

Thus, the growth rate required for the continuation value (terminal value perpetuity) term is 2.83%.

8 0
3 years ago
A waiting line problem has an average of 250 arrivals per eight hour day. Suppose there are several servers, and each has an ave
Marat540 [252]

Complete Question

A waiting line problem has an average of 250 arrivals per eight hour day. Suppose there are several servers, and each has an average service time of 8 minutes. (Assume Poisson arrivals and exponential service times.)

What is the average service rate of a server per hour?

Answer:

7½ arrivals per hour

Explanation:

Given

Arrivals = 250 arrivals per 8 hour day

Service Time of Servers = 8 minutes

The service time of Servers is given as 8 minutes.

This means that; on average, a server will attend to 1 arrival in every 8 minutes.

Calculating this per hour;

Average service rate of a server per hour = Service Rate * 1 hour per hour

Average service rate of a server per hour = 1 arrival per 8 minutes * 1 hour per hour

(1 hour = 60 minutes);

So, we have.

Average service rate of a server per hour = 1/8minutes * 60minutes/hour

= ⅛ * 60 arrivals/hour

= 60/8 arrivals/hour

= 7½ arrivals per hour

7 0
3 years ago
Lucy wants to attach a goal cost to each of her life goals. why might she do this?
hammer [34]
She most likely wanted to do this to keep track of her budgeting.

By counting the cost of each of her goals, she will know exactly how much she has to earn and how much work she has to do in order to fulfill all of her Goals

hope this helps
7 0
3 years ago
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