Answer:
Option B (bail-out) is the correct approach.
Explanation:
- For something like a variable annuity, a clause states that even though the investment on either the annuity happens to fall underneath a specified amount, the insured person will make additional withdrawal effects through loss.
- It eliminates the owner from those in the contract unless the transactions do not exceed a sum negotiated upon.
Some other available choices do not apply to the types of situations in question. So that the argument presented above should be appropriate.
Answer:
40 dolllar for interest income
Explanation:
The taxable income will be the interest for the annual coupon payment:
$1,000 face value x 4% = $40
The purchase price will be considered for taxation purpose under capital gain if the bond is sold which is not the case. Thus, we must only determinate taxes considering the interest income from the coupon payment.
Answer:
$55.72
Explanation:
Data provided:
Quarterly dividend paid per share = $2.20
Closing share cost = $57.70 per share
Relevant tax rate = 10%
The dividend per share after the tax deduction
= (100% - 10%) × Quarterly dividend paid per share
= 0.9 × $2.20
= $1.98
Thus, the ex-dividend stock price
= Closing share cost - dividend per share after the tax deduction
= $57.70 - $1.98
= $55.72
Answer:
128,500 units
Explanation:
The computation of required to realize income from operations is shown below:-
Required sales in (units) = Target contribution margin ÷ contribution margin per unit
= (Fixed cost + target income from operations) ÷ (Selling price per unit - variable cost per unit)
= ($14,300,000 + 2,405,000) ÷ ($380 - $250)
= $16,705,000 ÷ $130
= 128,500 units
Answer: E. industrial products salesperson.
Explanation:
Blank aluminium is used in the production of many goods such as cars and planes and as such is yet to be converted for final use for the consumer which makes it an industrial good to be sold to industries.
James as a sales person for blank aluminium will therefore qualify as an industrial products salesperson.
