State licensing helps ensure that professionals

A customer wishes to open an account to fund payment of private middle school tuition. If the customer does not wish to deposit

Svetradugi [14.3K]

Answer: Coverdell Education Savings Account (ESA)

Explanation:

A Coverdell Education Savings Account (ESA) is a type of Trust account created by the US Government to help families fund the educational expenses of their members who are aged 18 or below.

This account is not Taxable as the US Government wants to use it as a way to encourage Educational Expenditure.

The account however is limited to a maximum deposit of $2,000 per year per beneficiary and so is perfect for the customer in question.

6 0

3 years ago

Which of the following statements explains the concept of the tragedy of the commons? (Check all that apply.) A. It occurs du

mart [117]

Answer:

C. It results when the free market equilibrium quantity is higher than the optimal equilibrium quantity.

D. The open access to common resources results in their depletion through overuse.

Explanation:

The tragedy of the commons is a problem in economics that could be arise at the time when an individual reject the society well being for the personal motive. It would result in excess consumption and the depletion of the resources

So as per the given options, the option c and option d is to relevant as it directly linked to the meaning of the tragedy of the commons

5 0

3 years ago

Goodell Corporation just paid its annual dividend of $1.75, today. Dividends for the Goodell Corporation are expected to increas

AlekseyPX

Answer:

current price of Goodell Corporation stock is $48.26

Explanation:

given data

annual dividend = $1.75

expected to increase 1 year = 27.5 percent

expected to increase 2 year = 13.8 percent

expected to increase per year = 5 percent

required rate of return = 10 percent

solution

we get here first dividend that is

D1 = 1.75 × (1.275) = 2.23 ...............1

D2 = 2.23 × (1.138) = 2.54 ...............2

D3 = 2.54 × (1.05) = 2.67 ...............3

and

year 2 price will be

P2 = D3 ÷ (R – g) ...............4

P2 = 2.67 ÷ (0.10 - 0.05)

P2 = 53.4 ...............5

so current price will be

P = 2.23 ÷ (1.10) + 2.54 ÷ (1.10)2 + 53.40 ÷ (1.10)2

P = $48.26

4 0

2 years ago

Janice Hartley works as a writer at a fashion magazine in New York. She was recently asked by her editor to write an article on

N76 [4]

Answer:

C

Explanation:

Affective component has been displayed as mood and feelings have been touched as a result of the feedback Janice got from her boss.

Cheers

5 0

3 years ago

A. Cash receipts from customers for services rendered __________ Operating __________Inflow

vaieri [72.5K]

Answer:

a. Cash receipts from customers for services rendered

Indication: Operating activities and Cash Inflow

b. Sale of long-term investments for cash

Indication: Investing actiivity and Cash Inflow

c. Acquisition of property, plant and equipment for cash

Indication: Investing activity and Cash Outflow

d. Payment of income taxes

Indication: Operating activity and Cash Outflow

e. Bonds payable issues for cash

Indication: Financing Activity and Cash Outflow

f. Payment of cash dividends declared in previous year

Indication: Financing activity and Cash Outflow

g. Purchase of short-term investments (not cash equivalents) for cash

Indication: Investing activity and Cash Outflow

h. Purchases of inventory for cash

Indication: Operating activity and Cash Outflow

Definition of terms

Operating Activity: This activity will show how much the cash flow from the business in operating . This included net profit and changes in assets and liabilities and amortization expenses .

Investing Activities: This part is shows the where the money is invested or investment is sold.

Financing Activities: This activities will show the cash flow from financing activities between the reporting period example. Raising or payment of the fund through the common stock , preference and bonds etc.

5 0

3 years ago