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katrin [286]
3 years ago
5

Flowers, a married taxpayer, purchased an annuity for $64,400 that will pay $700 per month over the life of Flowers and Flowers'

spouse. At the time of purchase the couple's joint life expectancy was 23 years. Flowers received payment beginning April 1, year 1, amounting to $6,300 in the first year of the annuity contract. How much is includible in Flowers' gross income in the first year
Business
1 answer:
Serga [27]3 years ago
6 0

Answer:

Explanation:

$6,300ANSWER: C. $4200

23 x 12 x 700= 193,200

64,400/193200=0.333

700*0.333 = 467 = 467*9= $4203

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3 years ago
Intermediaries are defined as Multiple Choice companies responsible for developing products to sell to businesses. organizations
weqwewe [10]

Answer:

organizations that are in the middle of a series of organizations that distribute goods from producers to consumers.

Explanation:

Intermediaries can be described as middlemen. They enhance the flow of goods and services between the producer and the consumer.

They are organizations that are in the middle of a series of organizations that distribute goods from producers to consumers.

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6 0
3 years ago
During risk management activities, 236 risks have been identified which are caused by 13 root causes. You could eliminate 234 ri
alisha [4.7K]

Answer: (D) Accept the risk

Explanation:

 According to the given question, the one of the best solution is to accept the risk as the 2 given risks in the project cannot be removed or also outsourced from the given project scope.

Accepting the risk is one of the risk retention process in which we sometimes cannot avoid the given risk in the risk management and it is commonly found in the various types of investment process and also in the business.

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5 0
4 years ago
LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 2.7 hours of direct labor at the r
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$ 2,829,276

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Labour budget = Production budget× hours per unit

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3 years ago
A company issued 6,000 shares of stock at $10 each, with a par value of $2.
tensa zangetsu [6.8K]
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3 years ago
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