Answer:
How much must Icon allow Emily to diversify this year?
The answer is $250,000
Explanation:
- After attaining the age of 55 years and participating already for ten years in the ESOP.
- Emily will be allowed to diversify the value equal to 25% of investments.
- 50% of the investment is allowed to be diversified if it is final year of participation but in the present case it is not the final year before the retirement of the Emily so she will not be allowed 50% diversification and only up to 25% is allowed on which the percentage of investment already diversified in previous years will also be reduced.
- Since here in the past no amount has been diversified by Emily so she will be allowed 25 % of investment to diversify in the current year which comes to $250,000 ($1,000,000* 25%). Thus the answer is $250,000.
Answer: Economics studies the behaviour of human beings when there is scarcity and choices have to be made.
Explanation:
Economics is a social science i.e study of human behavior in relation to the manufacturing, distribution and consumption of products. Economics focal point is the interaction and behaviour of economic agents (households, firms and governments) and how economies work.
Economics is divided into microeconomics and macroeconomics. Microeconomics deals with the small elements in the economy such as interaction of markets and prices of certain products. Macroeconomics deals with the whole economy and issues discussed include unemployment, economic growth, inflation etc.
Answer:
I) Most are invested in fixed-income portfolios.
IV) The portfolio is fixed for the life of the fund.
Explanation:
Unit investment trusts is one in which Pools of money is invested in a portfolio which is fixed for the life of the fund. This is generally stocks and bonds which are redeemable units to investor for specific time. These investment portfolio have no board of directors. This is a type of mutual fund which offers investors having fixed portfolio of securities having definite life.
<span>Used to feed the machine where there is a transformation of chemical energy into mechanical energy. Rockefeller implanted the internal combustion engine that was a type of engine that runs on fuel, it is produced inside an internal combustion chamber inside the machine. This type of engine opened a world of possibilities within the transport industry and raised the oil industry.</span>
Answer:
Correct option is (d)
Explanation:
An account is termed uncollectible if they are not expected to be paid. There are two methods to write off these accounts:
1. Direct write off method: In this, the account recognized at uncollectible is directly charged to profit and loss account as an expense.
2. Allowance method: Under this method, a provision for doubtful debt is created where anticipated bad debts are charged. When an account needs to be written off, doubtful debt is debited and accounts receivables are credited.
