Answer: Review Evan's investor profile factors and other facts to determine a suitable course of action to address his concerns and needs
Explanation:
The options include:
A. Recommend that Evan consider an exchange into a variable life insurance policy because it has growth potential with a death benefit.
B. Recommend that Evan surrender the annuity and invest in bond mutual funds because they work similar and cost less.
C. Review Evan’s investor profile factors and other facts to determine a suitable course of action to address his concerns and needs.
D. Update his investor profile factors and risk tolerance, and discuss with Evan the long term focus of a variable annuity and how it will outperform the fixed annuity within the first couple of years.
Based on the information given in the question, the best thing that the representative should do will be to review Evan's investor profile factors and other facts to determine a suitable course of action to address his concerns and needs.
When Evan's investor profile factors is checked, then the representative can then inform Evans about the appropriate thing to do and if it's appropriate for him to purchase a variable annuity to earn a higher return.
Going ahead by getting out of the fixed annuity and purchasing a variable annuity without reviewing Evan's investor's profile isn't appropriate.
Answer:
Divisional product structure
Explanation:
Divisional product structure is also called product based structure. It comprises of separate divisions that that function individually and focus on a different product or service.
Each division has a product line they work in, a set of clients they service, and a geographical location.
The major advantage not this type of departmentalization is that each department will more efficient in their service delivery as they specialise on one thing.
This will be the best structure for ABC Production ABC Production who are expanding from a single product line into several diverse product groups, with most sales within one country.
It is a settlement agreement, where the defendant could pay the plaintiff an agreed amount to settle the dispute.
Answer:
Net Income : $16.616
Retained Earnings: $92.256
Please see details below:
Explanation:
Income Statement 2017
Sales $71.920
Advertising Expenses -$2.232
Miscellaneous Expenses -$50.096
Utilities Expenses -$2.976
Net Income $16.616
Retained Earnings Report
Opening retained earnings $ 83.080
Add: Net Income $ 16.616
Subtotal $ 99.696
Less: Dividens -$ 7.440
Total $ 92.256
Investors and managers are two decisions makers who use accounting information to make decisions. Accounting is often referred to as the language of business because it measures business activities, both good and bad. It allows decision makers to have quantitative (numbers) data to base their decisions from.