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Kobotan [32]
3 years ago
7

"An investor buys $10,000 of a "regulated" mutual fund investing solely in municipal securities. Which statement is TRUE regardi

ng the Federal tax treatment of the interest income?"
Business
1 answer:
kogti [31]3 years ago
7 0

Answer: D. The investor has no tax liability on distributions received, and the investment company has no tax liability on retained income

Explanation:

Municipal Securities are exempt of Federal taxes and this is what makes them most attractive. An investor in a mutual fund which invests solely in municipal securities will therefore not have any tax liability because their returns would be based on securities that are federally tax exempt. The same goes for any income the Mutual fund intends to retain.

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When a member searches for new solutions that will achieve both the individual goals of group members and the group goals, what
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Accommodating conflict style is being used.
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3 years ago
A company sells a car to a consumer and helps the consumer set up a loan with regular set payments. What type of credit is this?
sashaice [31]
This kind of credit is also known as consumer credit. It is actually the kind of credit that is given to a consumer on purchasing of any goods or getting any kind of service. Some kind of loans, credit card loans can be considered as a kind of consumer credit. This kind of credit is prevalent around the globe.
5 0
2 years ago
Read 2 more answers
Complete the following analogy: independent variable is to ________ as dependent variable is to ________. cause; effect hypothes
Softa [21]

Answer:

a. cause ; effect

Explanation:

A variable is any factor that can sustain in varying types or amounts.

There are actually three types of variables: dependent variable, independent variable and controlled variable.

The controlled variable is that trait or condition the experimenter desires to keep constant.

The dependent variable is contingent upon the independent variable. It is determined by the independent variable. The effects of the actions taken on the independent variables are seen on the dependent variables. These two variables are related by cause and effect.

8 0
2 years ago
Joan purchased a condominium. When she bought it, she realized the homeowner's association had a variety of rules and regulation
Sergeu [11.5K]

Answer:

Constitutional protection and guarantees do not necessarily extend to private property, an generally they don't. Constitutional protections and guarantees cover any government action (at any level): But since the condominium is private property, then the homeowner association's action is not covered. It is most likely that Joan will be forced to leave the condominium.

Explanation:

5 0
3 years ago
Henry is involved in a multi-car collision on the highway where someone was injured. The road was closed for about 3 hours. His
Delicious77 [7]

Answer: Yes

Explanation:

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The cars are damaged, there might be some spill or some injury to the driver or the people in car.

In this case a report should be made by CANUTEC which takes care of the transportation and allows the safety of people and handle the matter related to spills, goods damage, and other stuffs like like that.

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2 years ago
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