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igomit [66]
2 years ago
10

A 38-year-old investor places $25,000 into a single premium qualified deferred variable annuity. Twenty years later, with the ac

count valued at $72,000, the investor withdraws $50,000. If the investor is in the 25% marginal income tax bracket, the total tax liability is
Business
1 answer:
Bad White [126]2 years ago
6 0

The total tax liability is $12,500.

<h3>What is the total tax liability? </h3>

Due to the fact that the account is qualified annuity, the total amount withdrawn is subject to tax.  Also, because the investor is less than 59.5 years, the investor pays an additional tax of 10%.

The effective total tax = 25% + 10% = 35%

Total tax liability = 25% x $50,000

= 0.25 x $25,000 = $12,500

To learn more about taxes, please check: brainly.com/question/25311567

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5 quality attributes of cassava root
kirill115 [55]

Answer:

This study aimed to identify cassava quality attributes preferred by users along the food chain, in order to provide breeders with criteria for prioritisation. Survey and consumer‐testing studies were conducted within Apac and Luwero districts in Uganda. Additionally, sensory evaluation by trained panellists was conducted to determine descriptors for assessing quality of boiled roots. Results revealed softness of boiled roots and in‐ground storability as key attributes influencing varietal preference besides high yield, non‐bitter roots, disease resistance, early maturity and drought resistance. For some attributes like in‐ground storability, preference differed significantly between locations and showed differentiation by gender. Local varieties were found to be superior in quality attributes. From sensory evaluation, twenty‐one descriptors associated with appearance, texture, taste and aroma of boiled roots were determined. Findings from this study are vital for breeders to adopt gender‐responsive approaches in order to develop varieties that meet the needs and preferences of end users.

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Explanation:

7 0
3 years ago
I The indirect and direct methods of preparing the statement of cash flows are identical except for
NemiM [27]

The cash flow statement (CFS) measures how well a company manages its cash position, meaning how well the company generates cash to pay its debt obligations and fund its operating expenses. The cash flow statement complements the balance sheet and income statement and is a mandatory part of a company's financial reports since 1987.1

In this article, we'll show you how the CFS is structured, and how you can use it when analyzing a company.

KEY TAKEAWAYS

A cash flow statement is a financial statement that summarizes the amount of cash and cash equivalents entering and leaving a company.

The cash flow statement measures how well a company manages its cash position, meaning how well the company generates cash to pay its debt obligations and fund its operating expenses.

The cash flow statement complements the balance sheet and income statement and is a mandatory part of a company's financial reports since 1987.1

The main components of the cash flow statement are cash from operating activities, cash from investing activities, and cash from financing activities.

The two methods of calculating cash flow are the direct method and the indirect method.

4 0
3 years ago
Which of the following correctly orders the investments from LOWER risk to HIGHER risk? ATreasury bond − Stock − Diversified mut
irakobra [83]
The correct answer is letter D: Diversified mutual fund - Treasury bond - stock. 

These orders of investments ensure a systematic low to high risk possibilities. A company needs to look into possible options where it can invest its assets in the form of a diversified mutual fund. Upon doing this, securing a bond from the state is wise investment in case loans are too high or the company comes to debts. The last risk would be engaging in stocks or the deliberation of this to several company owners. 
3 0
3 years ago
What function does a security certificate perform?
valkas [14]

Answer:

The first mission of a security certificate is to encrypt/scramble data so if someone intercepts it, they won't be able to read it. The second mission is to reassure the Website visitors that the company behind the Website you're dealing with is really who they are.

8 0
3 years ago
A customer buys 1 XYZ Dec 30 call at 7 and sells 1 XYZ Dec 40 call at 1. Two months later, if the customer closes the positions
nadezda [96]

Answer:

Gain of $300

Explanation:

Based on the information given the investor have a debit spread and Since the investor  paid a net premium of the amount of $600 which is calculated as : (7 − 1) in which the spread had widened  to 9  which means the  investor will have a  profit or gain of the amount of  $300 calculated as :(9 − 6) due to the spread .  

Therefore the customer has a gain of the amount of $300 reason been that it is a Debit spreads  and secondly Debit spread are often profitable.

3 0
4 years ago
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