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2 years ago

Are viaticals a good investment?

Business

1 answer:

Lapatulllka [165]2 years ago

4 0

Answer:

Viatical settlements may sound great on the surface but they present a lot of unique risks. Follow-on Investment Risk – some life policies are fully paid for, but many require you to continue to pay premiums for many years (or all the way up to the death of the insured).

Explanation:

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For the budget period ending December 31 of the current year, Aaron Corporation estimates its ending balances for cash as $4,000

jek_recluse [69]

Answer:

The amount of total current assets that will be reported on the budgeted balance sheet is $40,000.

Explanation:

Total current assets

= Cash + Accounts receivable + Finished goods inventory + Raw materials inventory

= $4,000 + $16,000 + $12,000 + $8,000

= $40,000

Therefore, The amount of total current assets that will be reported on the budgeted balance sheet is $40,000.

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2 years ago

Shoshanna, the regional manager of a global sales organization, gives freedom to the sales representatives on the amount spent o

Citrus2011 [14]

Answer:

C. Ethical Standards

Explanation:

The ethical standards establish the parameters of behavior that owners and top executives expect from employees and also from suppliers, at least to the extent of their relationship with the organization.

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2 years ago

When a company has high operating leverage: Select one: A. It has low fixed costs. B. It borrows to cover most costs. C. It has

docker41 [41]

Answer:

C. It has high fixed costs relative to variable costs is the correct answer.

Explanation:

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2 years ago

If the dollar interest rate is 10 percent, the euro interest rate is 6 percent, and the expected return on dollar depreciation a

lawyer [7]

A. an investor should invest only in dollars.

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2 years ago

Read 2 more answers

Prepare Hertog Company’s journal entries to reflect the following transactions for the current year. May 7 Purchases 200 shares

Mrrafil [7]

Answer:

Explanation:

Prepare Hertog Company’s journal entries to reflect the following transactions for the current year.

1. May 7 Purchases 200 shares of Kraft stock as a short-term investment in trading securities at a cost of $50 per share plus $300 in broker fees.

Dr Short Term Investments..............................10,000

Dr Broker Fess..........................................................300

Cr. Cash.................................................................................10,300

<em>Being purchase of 200 shares of Kraft stock as a short-term investment in trading securities at a cost of $50 per share plus $300 in broker fees</em>

<em />

2. June 6 Sells 200 shares of its investment in Kraft stock at $56 per share. The broker’s commission on this sale is $150.

Dr Cash................................................................11,050

Dr Broker Fess........................................................150

Cr. Cash............................................................................10,000

Cr. Gain on Sale of Short-term investments..............1,200

Being Sale of 200 shares of its investment in Kraft stock at $56 per share. The broker’s commission on this sale is $150

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2 years ago