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NNADVOKAT [17]
3 years ago
15

"A registered representative has a customer, age 50, in the 35% tax bracket, who just sold his house for a 1-time gain. The cust

omer intends to downsize, and after buying a smaller home, will have $400,000 to invest. The customer intends to retire in 15 years. The registered representative could recommend that the customer purchase a variable annuity separate account with a growth objective because:"
Business
1 answer:
DiKsa [7]3 years ago
4 0

Answer:

The earnings build tax-deferred during the 15 year period until retirement is the correct answer.

Explanation:

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If you're using a 50/30/20 budget,
postnew [5]

Answer:

B: 20%

Explanation:

you spend 50% of your after-tax pay on needs

30% on wants, and 

20% on savings or paying off debt.

So its B 20%

7 0
2 years ago
You have just been hired to perform digital investigations and forensics analysis for a company. You find that no policies, proc
QveST [7]

Hi, your question isn't clear. Nevertheless, I inferred you want a sample policy document.

<u>Explanation:</u>

Note, a forensic analyst is charged with ensuring there are no security threats to digital infrastructures. Thus, a <u>sample policy and processes document may read; </u>

  • Access to the Lab is restricted to certain employees
  • Lab employees must ensure they lock their offices when not in use.
  • Lab employees must put on their access cards to gain entry into the lab.
  • External storage devices are prohibited from entering and leaving the lab.
  • Visitors should be monitored and must be made to adhere to all the restrictions.

7 0
3 years ago
The may be pay life insurance co. is trying to sell you an investment policy that will pay you and your heirs $33000 per year fo
almond37 [142]

Answer:

6.9%

Explanation:

The May be life insurance corporation is trying to sell an investment policy

This policy will pay $33,000 per year forever

A sales associate mention that the policy would cost $478,000

Therefore, the interest rate at which it will be a fair deal can be calculated as follows

Interest rate= Annual inflows/present value

= 33,000/478,000

= 0.0690×100

= 6.9%

Hence the interest rate at which it would be a fair deal is 6.9%

4 0
3 years ago
Sudoku Company issues 24,000 shares of $8 par value common stock in exchange for land and a building. The land is valued at $236
nikitadnepr [17]

Answer:

The journal entry for the issuance of the stock is shown below:

Explanation:

Land A/c....................................................................................Dr    $236,000

Building A/c...............................................................................Dr    $378,000

 Common Stock A/c..................................................................................Cr $192,000

 Paid in Capital in excess of par value of Common stock A/c.......Cr   $422,000

Working Note:

Common Stock = Number of shares × Rate per share

= 24,000 × $8

= $192,000

Paid in Capital in excess of par value of Common stock = (Land + Building) - Common Stock

= ($236,000 + $378,000) - $192,000

= $614,000 - $192,000

=$422,000

7 0
3 years ago
A major ethical dilemma in modern business stems from the growth of environmentalism and the “green” lifestyle. Businesses argue
Westkost [7]

Businesses have a moral obligation that must be politically enforced.

Explanation:

Businesses working from profits often use indiscriminate measures to garner profits for themselves while using their capital as economically as they can.

This includes the exploitation of workers. To counter this, we have trade unions.

Similar is the situation for conservation<u>. Environmental issues indirectly affect the whole population of the country and every company has a part in it. Hence environmentally secure sanctions need to be put in place even if it eats into the company's profits.</u>

8 0
3 years ago
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