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elena-s [515]
3 years ago
12

An individual has been making periodic premium payments on an annuity. The annuity income payments are scheduled to begin after

1 year since the annuity was purchased. What type of annuity is it
Business
1 answer:
3241004551 [841]3 years ago
5 0

Answer: Deferred

Explanation:

The deffered is one of the type of annuity that helps in making the various types of insurance related contracts for the purpose of long time savings.

A deferred annuity is one of the type of contract where they pay some amount of their profit to the owner on the regular basis and it also used by various types of investors for profit purpose.

According to the question, the deffered annuity is making the various types of periodic payments that helps in scheduling the annuity after one year. Therefore, Deferred is the correct answer.

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Porter Co. owned all of the voting common stock of Simi Corp. The corporations' balance sheets dated December 31, 2018, include
Katena32 [7]

Answer: $672,000

Explanation:

Porter sold land to Simi which means that their land balance reduces. Simi's however increases by the same amount. As Porter owned all the voting stock, the sale will be accounted for at the book value.

The Consolidated balance for land in 2020 will therefore be calculated as,

= (Porter land value - Sales price) + (Simi land value + Sales price)

= (416,000 - 65,000) + (256,000 + 65,000)

= 351,000 + 321,000

= $672,000

The book value of the Consolidated land will be $672,000 in 2020.

3 0
3 years ago
Kyg instruments, a firm that produces manufacturing equipment for various industries, experiences an influx of new sales employe
Natali [406]
As part of the process, the HR department's first step should be to identify that the sales representatives need technical training. It was said in the statement above that most of the new workers have a poor performance although they have a vast experience in sales. Most probably, it would be because they are unfamiliar with the products of the said company and they would lack the technical knowledge needed to do their job well. As an HR staff, you should be able to see that these employees would need some kind of training and education about the products of the company.
6 0
3 years ago
A municipal bond is paying a 6% annual yield. An equivalent risk corporate bond is paying 7%. Investors with a tax rate of ____
faltersainse [42]

Answer:

The correct answer is 25%

Explanation:

To calculate the value of the tax rate to decide on the municipal bond, we must take the information of the annual yield minus the expenses associated with this product, on the interest of the corporate bond:

Tax Rate = 1 - (0.0525 / 0.0700) = 25%

In this way, 25% or more, is a percentage of the tax rate that can make them decide on the municipal bond option.

6 0
3 years ago
The price of cranberry juice suddenly increases. As a result, Glenda begins drinking more grape juice, which is less expensive,
Angelina_Jolie [31]
Im guessing a) availbility of substitutes the reason is because when i read this it makes me think the price went up because maybe cranberries are not in season but grapes are. Usually when something is not in season it cost more than when it was.
7 0
3 years ago
1. Which of these approaches is not a way of harnessing open innovation across the internet?
rusak2 [61]

Answer:

the answer is innovation contest I think

4 0
3 years ago
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