An investment adviser has a client who wants to save for college for her child. the child will be entering college in five years. this would be an example of <u>an </u><u>investment constraint</u>.
More about investment constraint :
The variables that restrict or limit an investor's range of investment possibilities are known as investment restrictions. The limitations may be internal or external restrictions. While external restrictions are produced by an outside party, such as a government agency, internal constraints are produced by the investor themselves.
Cash expenditures anticipated and necessary at a given point in the future that are often more than the revenue available are referred to as liquidity constraints. Time Horizon restrictions refer to the time frames over which the portfolio's returns are anticipated to meet particular needs in the future.
Tax constraints depend on when, how, and if returns of different types are taxed. Legal and Regulatory constraints are mostly externally generated and may affect only institutional investors
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Answer:
they are debited to a Work in Process account
Explanation:
The journal entry to record the assignment of manufacturing overhead costs to production in a process cost system is done as follows:
Work - In Process (debit)
Overheads (credit)
Answer:
Dr Cash 254,430
Dr Discount on bonds payable 2,570
Cr Bonds payable 257,000
Explanation:
Preparation of the journal entry to record the sale of these bonds on March 1, 2022
Based on the information given we were told that Brothers Inc. issues the amount of $257,000 that includes 10-year and 8% bonds at 99 which means that the journal entry to record the sale of these bonds on March 1, 2022 will be :
March 1, 2022
Dr Cash 254,430
(257,000*99%)
Dr Discount on bonds payable 2,570
([$257,000*(100%-99%)]
Cr Bonds payable 257,000
(Being to record the sale of bonds)
Answer:
C. What the program will ultimately cost the federal government
Explanation:
The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 was an attempt to make improvements or amendments to the Social Security Act. It radically changed the playing field for private plans participating in the Medicare program by substantially raising monthly payment rates in an effort to stabilize the market and reverse the decline in benefit generosity. It also provided for voluntary prescription drugs under the medicare program. However, the utilization and cost of the program skyrocketed as soon as the funding source was established. It has remained unknown what the program will ultimately cost the federal government, no wonder the current administration under Trump wants to turn it upside down.