Answer:
$5,000 taxable
Explanation:
In this scenario, the tax consequence of withdrawal will be $5,000 taxable. This is because annuity contract contributions are not tax-deductible, meaning that the original contribution of $10,000 has already been taxed. Therefore in this situation all $5,000 will be taxable, luckily since the individual is over the age of 59 1/2 then the distribution is not subjected to a 10% penalty tax for premature distribution.
Answer:
Price $17
PE ratio 8.5 times
Explanation:
As per given data
ROE = 20%,
Plowback ratio = b= 0.03,
EPS = $2,
k= 12%
As plowback referr to the retentrion value, deducting its effect from EPS
Dividend= EPS × ( 1 − b ) = $2 × ( 1 −0.03 )= $1.94
Growth = ROE x b = 20% x 0.03 = 0.006 = 0.6%
Using Dividendvaluation method we will calculate the price.
Price = Dividend / (Rate of return - Growth rate )
Price = $1.94 / ( 12% - 0.6% ) = $17
P / E Ratio = Price / EPS = $17 / $2 = 8.5
Answer:
The cause may be environmental
Explanation:
The ratios show that ratio of incidence of chronic lymphocytic leukemia (CLL) in the population of country X is five times higher than the ratio in U.S. whites. However, the ratio of CLL in migrants from Country X to the U. S. is exactly the same as the ratio in U.S. whites. This relationship indicates that, rather than being genetic, the cause of CLL is more likely to be environmental.
Explanation:
the characteristics are as follows:-
1. Natural resources are useful, profitable and beneficial .
2. Natural resources have limited availability.
3. They are potential for depletion or consumption.
4. Natural resources are non-renewable sources in nature.
Answer:
$188,170
Explanation:
Cash collection in a month includes the collection of current and prior years's of credit sales.
Cash Collection for September is $188,170.
It includes 7% collection of July sales, It includes 35% collection of August sales and It includes 55% collection of September sales.
Schedule for Cash Collection is attached with this answer please find it.