QUESTION 4 What is the expected standard deviation of stock A's returns based on the information presented in the table? Outcome Probability of outcome TStock A return in outcome Good TON 2010 Medium TO 1300 low 21.27% (plus or minus 0.10 percentage points) b. 40.00w (plus or minus 0.10 percentage points) c.25.61 (plus or minus 0.10 percentage points) d. 32.66 plus or minus 0.10 percentage points) The expected standard deviation cannot be estimated because the probability of the bad outcome is not given or the standard deviation can be computed from the given information, but none of the above is within 0.10 percentage points of the correct answer
Answers
D) the expected standard deviation of stock A's returns is approximately 113.56.
Given that the stock A has three possible outcomes, which are good, medium, and low. The probability of good outcome TON is 27.3%, probability of medium outcome TO is 52.7%, and probability of low outcome is 20%. Also, the expected return of the stock A for the good outcome TON is 2010%, expected return for the medium outcome TO is 1300%, and expected return for low outcome is -100%.To calculate the expected standard deviation of stock A's returns based on the given information in the table, we will use the formula of standard deviation which is the square root of [(the sum of the probability of each outcome times the square of the difference between the outcome return and the expected return) divided by the number of outcomes].
Therefore, the expected standard deviation of stock A's returns based on the information presented in the table is given as:
Standard deviation = √ [ 0.273 x (2010 - 1283.9)² + 0.527 x (1300 - 1283.9)² + 0.2 x (-100 - 1283.9)² ]
= √ [ 0.273 x 43156.41 + 0.527 x 238.09 + 0.2 x 174724.41 ]
= √ 12905.5363
≈ 113.56
So, the expected standard deviation of stock A's returns is approximately 113.56.
Therefore, option D is the correct answer.
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Related Questions
According to the MLA format, which best demonstrates the similarities and differences between the citations of a magazine and a book?
Both require the title and author, while magazines require the editor of the magazine.
Both require a date of publication, while magazines require the page number of the article.
Both require the format of the book, while books require the page number of the information.
Both require a location of publication, while books require the edition of the book if there is more than one.
Answers
Answer:
Both require a date of publication, while magazines require the page number of the article.
Explanation:
Modern Language Association or MLA format is one style of providing citations in academic works. This style of citation or formatting one's papers is used majorly in many universities all around the world and is regarded as one of the most accepted styles to be used.
According to this style, providing citations for both a magazine and a book requires the date of publication of the book/ article/ magazine. At the same time, magazines also require the page number of the article from which the quote is taken or used as a source.
Thus, the correct answer is the second option.
Answer:
B
Explanation:
Employees of Wells Fargo were found out to be creating fake accounts for their customers to improve their measured performance. How might an unclear delineation of decision management-decision control have led to such behavior? How might Wells Fargo and other banks reorganize this process to avoid reoccurrence?
Answers
The Wells Fargo scandal is an example of how unclear delineation of decision management-decision control can lead to unethical behavior. Employees created fake accounts to improve their measured performance. The unclear delineation of decision management-decision control can lead to employees making unethical decisions.
Wells Fargo and other banks can reorganize the process to avoid reoccurrence by improving the management structure and implementing better control measures. Wells Fargo is one of the biggest banks in the United States. In 2016, it was discovered that employees of the bank had been creating fake accounts for their customers to improve their measured performance. This scandal was one of the biggest in the history of the banking industry.
The scandal resulted in the resignation of the CEO, John Stumpf.The unclear delineation of decision management-decision control can lead to unethical behavior. In the case of Wells Fargo, employees were given targets to meet, which were difficult to achieve. They felt under pressure to meet these targets, and they resorted to creating fake accounts to improve their measured performance. This shows that there was an unclear delineation of decision management-decision control in the bank.Wells Fargo and other banks can reorganize this process to avoid reoccurrence.
One way is by improving the management structure. The bank should ensure that there is a clear line of decision management-decision control. This will ensure that employees do not make unethical decisions. Wells Fargo and other banks can also implement better control measures to prevent unethical behavior. They can put in place checks and balances to ensure that employees do not engage in fraudulent activities.
In conclusion, the Wells Fargo scandal is an example of how unclear delineation of decision management-decision control can lead to unethical behavior. Wells Fargo and other banks can reorganize this process to avoid reoccurrence by improving the management structure and implementing better control measures.
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Automatic stablizers quizlet are probably not very effective in influencing real GDP during a recession.
Answers
Automatic stabilizers are not very effective in influencing real GDP during a recession. However, during a recession, automatic stabilizers may not be very effective in influencing real GDP.
Automatic stabilizers are government policies or programs that are designed to automatically respond to changes in economic conditions without the need for additional legislation or intervention. They include measures such as progressive income taxes, unemployment benefits, and welfare programs. The main purpose of automatic stabilizers is to help stabilize the economy by providing a cushion during economic downturns.
This is because their impact on economic activity is relatively limited and indirect. While automatic stabilizers can provide support to individuals and households by increasing their disposable income and purchasing power, the overall effect on real GDP is dependent on various other factors such as consumer and business confidence, investment levels, and global economic conditions.
During a recession, businesses may be hesitant to invest and expand their operations, leading to reduced economic activity and lower real GDP. Additionally, consumer spending may also decrease as individuals prioritize saving and reducing debt during uncertain economic times. These factors can limit the effectiveness of automatic stabilizers in stimulating economic growth and increasing real GDP during a recession. Therefore, additional fiscal and monetary policies may be required to have a more substantial impact on the economy during a downturn.
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Wildhorse Windows manufactures and sells custom storm windows for three-season porches. Wildhorse also provides installation service for the windows. The installation process does not involve changes in the windows, so this service can be performed by other vendors. Wildhorse enters into the following contract on July 1, 2020, with a local homeowner. The customer purchases windows for a price of $2,510 and chooses Wildhorse to do the installation. Wildhorse charges the same price for the windows irrespective of whether it does the installation or not. The customer pays Wildhorse $1,970 (which equals the standalone selling price of the windows, which have a cost of $1,100) upon delivery and the remaining balance upon installation of the windows. The windows are delivered on September 1, 2020, Wildhorse completes installation on October 15, 2020, and the customer pays the balance due. Wildhorse estimates the standalone selling price of the installation based on an estimated cost of $450 plus a margin of 30% on cost. Prepare the journal entries for Wildhorse in 2020.
Answers
In 2020, Wildhorse Windows’ journal entries for the given transaction are as follows:Journal entries for Wildhorse Windows Accounts Debit Credit Cash2,510 Sales revenue 2,510(To record sales made on July 1, 2020)
Cost of goods sold 1,100 Inventory1,100(To record the cost of goods sold on July 1, 2020)Cash 1,970 Unearned revenue1,970(To record the receipt of payment from the customer on September 1, 2020)Cost of goods sold1,350Inventory1,350(To record the sale of goods on October 15, 2020)Unearned revenue 900 Installation revenue900(To record the completion of the installation and recognition of revenue on October 15, 2020)
Installation expense 585 Estimated liability for installation 585(To record the estimated installation expenses on October 15, 2020)Accounts receivable 585 Estimated liability for installation 585(To record the billing of the customer for installation services on October 15, 2020)Therefore, the above journal entries represent the transaction that was done by Wildhorse Windows in 2020.
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Which of the following is not considered a required deduction? (a) federal income tax, (b) savings deposits, (c) state tax, (d) Social Security tax.
Answers
Out of the given options, the savings deposits are not considered a required deduction. A savings deposit is a portion of the cash that is kept aside by the account holder at a bank or financial institution for safekeeping. It is not deducted from the salary or wages earned by the individual.
Hence, option (b) savings deposits are not considered a required deduction.What are required deductions?The term required deductions refers to the specific deductions that are deducted from the paycheck of an individual before the money is received by them. These deductions are compulsory and are required to be deducted as per law. Required deductions include:
Federal income tax State tax Social Security tax Medicare tax Other deductions that may be required to be made from the paycheck are health insurance premiums, retirement contributions, and wage garnishments.
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2.1.4 King Code D This shows the financial performance of a business for a financial year (4 X 1) = (4) 1.2 KINGSTON TRADERS The information relates to the financial year ended 29 February 2020. Goods are sold at a profit mark-up of 40% on cost. REQUIRED: Prepare the Income Statement (Statement of Comprehensive Income) for (46) the year ended 29 February 2020),
Answers
Both of these choices are correct as they are rightly presented.
KINGSTON TRADERS
Statement of Comprehensive Income
For the Year Ended February 29, 2020
Net income $140,000
Other comprehensive income $20,000
Comprehensive income $160,000
KINGSTON TRADERS
Income Statement
For the Year Ended February 29, 2020
Sales $625,000
Cost of goods sold $350,000
Gross profit $275,000
Operating expenses $135,000
Net income $140,000
Other comp. income $20,000
Comprehensive income $160,000
The terms "profit" and "income" are often used interchangeably in life. In corporate finance, however, those terms could have very different and specific meanings, depending on the context in which they are used.
while income does mean positive flow of cash right into a business, net income is something much more complex. profit is generally understood to refer to the cash that is left over after accounting for expenses. although each gross earnings and working profit fit this definition in the simplest sense, the kinds of income and expenses which are accounted for differ in important ways
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Joel klippert says he pays himself last, after he pays his vendors and employees. explain this decision in terms of the principle of business profit. do you agree with his payment priorities?
Answers
Answer with Explanation:
Paying employees and the vendors is necessary because they are very important stakeholders of the company. The company must manage its vendors and must not surpass the agreed credit period and credit allowed. If the company is properly managing its vendors then it is most likely that the company will taking maximum benefit out of it by increasing its credit period or credit allowed amount or both. This lower the working capital investment and thus would save the cost of financing the working capital, and hence the business profit would be increased. This means that the effective management of vendors increases business profit.
On the other hand, if we are not paying the employees in time then it will lower the motivation of the employees which would affect their productivity as well. Hence it is better to keep them motivated because it increases it productivity and also lowers employee turnover.
The impact of these decision would might seem that it has decreased the profit but employee cost are both fixed cost (salaried) and variable cost (wages) which means the fixed will remain the same but if the wages are growing then it is a sign of increased production. Hence we must pay them in time irrespective of business profit.
Evaluate the benefits and limitations of the change to the operations process being planned by the managing director.
Answers
Answer:
'Change in Operations process, by Managing Director' - Benefits & Risks
Explanation:
'Change in Operations process, by Managing Director' - Benefits
Operations' modernisation, brings new opportunities Operations' critical appraisal & improvisation New operations create Initiative for new innovative ideas'Change in Operations process, by Managing Director' - Limitations
Motivating, training employees for new changed operations might be a challengeEmployees might resist the changes New operations might have other feasibility risk factors.Municipal bonds are issued by what?
Answers
Answer:
Hi, the correct answer to your question is they are securities issued by states, cities
etc/more.
Explanation:
They mostly do this for building like highways, roads and more. It is used to raise more money to build important things for our environment.
Hope this helps! :)
the national labor relations act (NLRA) governs which of the following?
A. Workplace safety
B. Minimum wage laws
C. Undocumented workers
D. Collective bargaining
Answers
Answer:
collective bargaining
The national labor relations act (NLRA) governs D. Collective bargaining
Employees who are coworkers in a company come to a consensus on certain crucial issues through collective bargaining. This may involve wage increases or a discussion between businesses and employees. The term NLRA stands for National Labour Relations Act. It is a federal legislation in the United States that typically regulates interactions between employers and employees.
In particular, it safeguards workers' freedom to participate in collective bargaining and other union-related activities and forbids employers from participating in unfair labour practices that might infringe on such freedoms. Because these topics are covered by different laws and regulations, the NLRA does not directly address workplace safety, minimum wage laws, or issues involving undocumented workers.
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7. Jannah is reviewing a report that a new marketing manager put together after assessing her small business. If Jannah wants to learn how familiar a custo
what section of the marketing report should she review?
Answers
To learn how familiar a customer is to the company, Jannah must look at the leads section of the marketing report.
What is a marketing report?It consists of a document through which an organization can visualize its performance over a period of time, through the analysis of data and information about the company's actions and strategies to achieve objectives and goals in the market.
Through qualitative and quantitative reports related to communication and sales, for example, the company is able to make more significant decisions about its strategy, with evaluations and corrections that will contribute to continuous improvement and positioning in the market.
So leads could be the section that Jannah would review to identify a potential customer, as this data significantly demonstrates an individual who engages with the company's business and can be turned into a customer.
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The Ontario Teachers' Pension Plan is a pension fund for public school teachers in the province of Ontario. It has a large and diverse portfolio of investments, both in Canada and internationally, and had net assets in December 2007 of C$108.5 billion. Which of the following best describes the Ontario Teachers' Pension Plan?
A) an angel investor
B) a venture capitalist
C) an institutional investor
D) a family investor
Answers
The statement that best describes the Ontario Teachers' Pension Plan is an institutional investor.
What is an institutional investor?An institutional investor refers to an institution or body that is specialized in investing of funds on behalf of their clients,
Hence, an institutional investor best describes the Ontario Teachers' Pension Plan because the plan is intended to invest their pension on behalf of them.
Therefore, the Option C is correct.
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If a company sold equipment, when recording the transaction, how many of the columns used in a tabular analysis would include a positive number assuming the equipment were sold at a loss?
Answers
In the case of a company selling equipment at a loss, three columns in a tabular analysis would include a positive number. These columns represent the following accounts: Cash, Accumulated Depreciation, and Loss on Sale of Equipment.
When equipment is sold, the company receives cash, increasing the Cash account. Accumulated Depreciation is also adjusted positively, as the accumulated depreciation related to the sold equipment is removed from the books. Finally, since the equipment was sold at a loss, there will be a positive value in the Loss on Sale of Equipment column.
The other accounts involved in the transaction, such as Equipment and Depreciation Expense, will not have a positive number in this scenario. The Equipment account is reduced by the original cost of the sold asset, and there is no depreciation expense recorded in the tabular analysis for the equipment sold.
In summary, when a company sells equipment at a loss, three columns in a tabular analysis would include a positive number: Cash, Accumulated Depreciation, and Loss on Sale of Equipment. These positive numbers reflect the cash received, removal of accumulated depreciation, and recognition of the loss on the sale.
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Question 9 of 10
A group of Congress members is contacted by members
of a committee who would like to submit a bill for a floor
debate. The group reviews the bill as well as the current
schedule of debates. After the review, the group decides
that the bill is not important enough to justify a debate.
The group refuses to schedule a debate, killing the bill.
Which congressional group is most likely described in the passage?
OA. The House Ways and Means Committee
OB. The House Rules Committee
OC. A conference committee
OD. The Committee of the whole
Answers
The House Rules Committee congressional group is most likely described in the passage. Thus, option B is correct.
What is congressional?Committees keep an eye on ongoing public administration, spot problems that warrant legislative scrutiny, collect and assess data, and suggest steps to take to Congress.
Every member of the Senate of Congress is a part of the body's subcommittee of its entirety. Every time the House decides to establish this committee, a particular issue needs to be discussed. Once the panel has finished its work, it no longer exists. In this case, the group's assignment was to analyze the bill and the argument timetable.
Therefore, option B is correct.
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Double-entry bookkeeping is a system of recording and classifying business transactions in separate accounts in order to maintain the accounting equation. By the amount of the transaction. In all accounts including those that do not maintain the accounting equation. in general ledgers. none of the above.
Answers
Double-entry bookkeeping is a system of recording and classifying business transactions in separate accounts in order to maintain the accounting equation. This is done by recording the amount of the transaction in at least two accounts, ensuring that all accounts are affected by the transaction.
This method is used in all accounts, including those that do not maintain the accounting equation and is recorded in the general ledgers. Under this system, every business transaction is recorded by debiting one or more accounts and crediting one or more accounts. The amount of the transaction is recorded in at least two accounts, ensuring that the total debits equal the total credits.
This process maintains the balance in the accounting equation and provides a comprehensive view of the financial impact of each transaction. Double-entry bookkeeping is applied to all types of accounts, including those that do not directly impact the accounting equation. For example, revenue and expense accounts, which contribute to the determination of net income, are also recorded using the double-entry method.
These transactions are then recorded in the general ledgers, which serve as the central repository for all account balances in an organization. The general ledgers provide a comprehensive and organized record of financial activities, allowing for accurate financial reporting and analysis.
Overall, double-entry bookkeeping ensures accuracy, integrity, and consistency in financial recording, classification, and reporting, enabling businesses to maintain a clear understanding of their financial position. Therefore, the correct answer is "By the amount of the transaction. In all accounts including those that do not maintain the accounting equation. In general ledgers."
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Scott and Mary have accepted a three-year international relocation for work. Both are still paid in U.S. dollars, and their paychecks are automatically deposited to a U.S. Bank. When they need cash, they use local ATMs that allow them to withdraw funds from their U.S. bank, but the ATM gives them the equivalent in local currency. Which type of system does the U.S. Bank use to transfer money almost instantly, and in the currency needed by the user?
Answers
Answer:
The answer is "Electronic Funds Transfer".
Explanation:
It is a financial exchange electronically, which is also known as direct deposit salary services with ATM, which Cash subsidies among buyer marketing authorization, which implies digitally moving funds from one bank to the next. It's accomplices through the exchange of paper currency or certificates. The bank account is among the most popular applications of EFT.
Which document not only helps in a job search but also helps in job advancement?Apart from a job search, a “blank”
also helps in job advancement.
Answers
Answer:
resume
Explanation:
A resume aids the job-seeking process in that it: organizes experiences and skills.
The document not only helps in a job search but also helps in job advancement. Apart from a job search, a resume also helps in job advancement.
What is job?
The term “job” refers to being employed by a particular company. The job creates an opportunity to build a career. A job provides financial support and allows you to gain experience. There are producers, builders, thinkers, and improvers.
A resume assists in the job-search process by organizing experiences and skills. A resume is required for nearly everyone who applies for a job. A brief written account of your schooling, qualifications, and past positions that you send to a company when looking for work. A resume is a legal statement created by a job candidate to list their qualifications for a job.
As a result, the document not only helps in a job search but also helps in job advancement.
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Which of the following is not a step in the decision making process
a.Identify Choices
b. MAKE a decision
c.Consult a career coach
d. DEFINE your needs and wants
Answers
Career Coach is wrong (Pretty sure)
2. Jordan gets confused and uses his credit card to get $40 in cash from an ATM instead of
using his debit card. Based on this agreement, what is the impact of this decision?
a. There is no impact since credit card and debit card terms tend to be the same.
b. A $10 cash advance fee will be charged ONLY.
c. An A.P.R. of 25.24% will be applied on the $40 until it is paid back ONLY.
d. A $10 cash advance fee will be charged AND an A.P.R. of 25.24% will be applied on the
$40 until it is paid back.
Answers
Based on this agreement, the impact of this decision is D. A $10 cash advance fee will be charged AND n A.P.R. of 25.24% will be applied on the $40 until it is paid back.
What is APR?The annual percentage rate (APR) is the interest generated by a sum charged to borrowers or paid to investors each year. APR is a percentage that represents the actual yearly cost of funds over the life of a loan or the income earned on an investment. This includes any fees or additional costs associated with the transaction but excludes compounding.
The APR provides consumers with a single number that they can use to compare lenders, credit cards, and investment products.
Since Jordan gets confused and uses his credit card to get $40 in cash from an ATM instead of using his debit card, a cash advance fee will be taken.
In conclusion, the correct option is D.
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Suppose that instead of leasing the Accord, Nigel decides to buy the Honda Accord for $22,180. Would this contract need to be in writing to be enforceable?
Answers
L
Answer:
yes, pursuant to UCC, Section 2-201
Explanation:
Statute of frauds is a provision that requires certain transactions be in writing. This is usually based on the amount involved in the transaction.
In the given scenario according Section 2-201 of the UCC a contract that is above $500 should not be entered unless there is a written contract.
An oral contract won't suffice In this case.
Which is a feature of debit cards?
a. They are a primary component of your credit score.
b. They can be used to pay off large purchases over time.
c. They provide direct access to your checking account.
d. They are the most secure form of payment.
Answers
A feature of debit cards is that c. They provide direct access to your checking account.
What are debit cards?A debit card is a card that allows you to access the money that you have in your checking account.
This means that when you spend on something using your debit card, it would be deducted directly from your checking account. This includes debit card costs as well.
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Help I’ll give good pts !!!
Answers
1. When you make a purchase with your credit card, you are borrowing money from your card issuer. You don’t have to use your own money until you pay your credit card bill. By contrast, debit cards are linked to your checking account.
2.Credit cards have a major impact on your credit score. Use your credit card wisely, and you’ll be on the way to a great credit score but if you make a mistake like missing a card payment for 30days or more your credit score will drastically go down. The more you mess up the more your credit score will fall.
Does anybody know the answer to this question?
Answers
Answer:
The answer is A and B: professional and friendly ^^
Hope you find the answer helpful :)
Answer: Professional and Friendly
Explanation:
Incomplete and Grammatically incorrec cannot be tones of voice.
Wells Technical Institute (WTI), a school owned by Tristana Wells, provides training to individuals who pay tuition directly to the school. WTI also offers training to groups in off-site locations. Its unadjusted trial balance as of December 31, 2018, follows. WTI initially records prepaid expenses and unearned revenues in balance sheet accounts. Descriptions of items a through h that require adjusting entries on December 31, 2018, follow.
Additional Information Items
a. An analysis of WTI’s insurance policies shows that $2,400 of coverage has expired.
b. An inventory count shows that teaching supplies costing $2,800 are available at year-end 2017.
c. Annual depreciation on the equipment is $13,200.
d. Annual depreciation on the professional library is $7,200.
e. On November 1, WTI agreed to do a special six-month course (starting immediately) for a client. The contract calls for a monthly fee of $2,500, and the client paid the first five months’ fees in advance. When the cash was received, the Unearned Training Fees account was credited. The fee for the sixth month will be recorded when it is collected in 2018.
f. On October 15, WTI agreed to teach a four-month class (beginning immediately) for an individual for $3,000 tuition per month payable at the end of the class. The class started on October 15, but no payment has yet been received. (WTI’s accruals are applied to the nearest half-month; for example, October recognizes one-half month accrual. )
g. WTI’s two employees are paid weekly. As of the end of the year, two days’ salaries have accrued at the rate of $100 per day for each employee.
h. The balance in the Prepaid Rent account represents rent for December. Debit CreditCash 34,000Teaching supply 8,000Prepaid Insurance 12,000Prepaid rent 3000Professional library 35,000Account payable 26,000unearned training fee 12,500Prepare T-accounts (representing the ledger) with balances from the unadjusted trial balance
Answers
In accounting, an unadjusted trial balance is the starting point for preparing financial statements. The initial step in this process is to create T-accounts to reflect the general ledger's balances from the unadjusted trial balance. T-accounts are used to illustrate ledger account balances and to help with journal entries.
They are called T-accounts because they resemble the letter T on the ledger page. Debits and credits are recorded in separate parts of the T account: debits on the left and credits on the right.The debit and credit balances from the unadjusted trial balance are listed on the corresponding side of each T-account. Cash is debited for $34,000; teaching supply is debited for $8,000; prepaid insurance is debited for $12,000; prepaid rent is debited for $3,000; and professional library is debited for $35,000. Accounts payable are credited for $26,000; and unearned training fees are credited for $12,500.Here are the T-Accounts as per the above mentioned information: T-account for cash T-account for teaching supply T-account for prepaid insurance T-account for prepaid rent T-account for professional library T-account for accounts payable T-account for unearned training feesFor such more quesstion on financial statements
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Concord Company uses the FIFO method to compute equivalent units. It has 4000 units in beginning work in process, 20% complete as to conversion costs and 50% complete as to materials costs, 67000 units started, and 5800 units in ending work in process, 30% complete as to conversion costs, and 80% complete as to materials cost. How much are the equivalent units for materials under the FIFO method?
Answers
Answer:
67,840 units
Explanation:
The computation of the equivalent units for material by using the FIFO method is shown below:
Particulars Unit Percentage completion Equivalent units
Opening
inventory 4,000 units 50% 2,000 units
Completed
& transferred
(67,000
- 5,800) 61,200 units 100% 61,200 units
Closing
inventory 5,800 units 80% 4,640 units
Total 67,840 units
descriptive analytics focuses on what is likely to happen given what is known and therefore is more forward looking. true false
Answers
The given statement "Descriptive analytics focuses on what is likely to happen given what is known and therefore is more forward-looking" is False because It is the use of data to comprehend what has occurred in the past.
Descriptive analytics can be used to summarize the existing data and identify trends or patterns. It focuses on the quantitative description of the attributes of a population, and in the end, it is used to represent the data visually to understand the information better.
This technique is used to answer questions about the past and how things happened. It deals with the question of what happened in the past, and hence it is backward-looking.
It focuses on the quantitative description of the likelihood of future events and outcomes given the current data. Descriptive analytics gives an insight into what has occurred in the past, while predictive analytics offers insights into what may occur in the future.
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During the accumulation phase of a variable annuity: A payments can be made into the plan; but distributions may not be taken from the plan B distributions may be taken from the plan; but payments may not be made into the plan C both payments may be made into the plan; and distributions may be taken from the plan D neither payments may be made into the plan; nor distributions may be taken from the plan Review
Answers
Answer:
Explanation:
ruing the accumulation phase of a variable annuity: A payments can be made into the plan; but distributions may not be taken from the plan B distributions may be taken from the plan; but payments may not be made into the plan C both payments may be made into the plan; and distributions may be taken from the plan D neither payments may be made into the plan; nor distributions may be taken from the plan Review
Devonte is balancing his checking account. His account statement does not include a deposit of $107.00 that he made on November 1st. What is Devonte’s actual account balance?
Answers
Answer:
✓ $1,330.26
Explanation:
Answer:
$1,330.26
Explanation:
According to the fdic community banks have less than what in assets than most cases
Answers
According to the FDIC, community banks have less than $ 10 million in assets in most cases.
An asset refers to economic or financial bonds that can act as benefits and rewards in the future. A community bank refers to a banking institution that is locally owned and looked over. It is not an official banking system. The local community looks after the finance, transactions, and loans.
FDIC stands for Federal Deposit Insurance Corporation. It looks after the supply of insurance deposits and looks after the safety and security of the deposits. This institution works with two agencies- American depository institutions and the National Credit Union Administration.
According to the definitions created by FDIC, any bank containing less than $ 10 million in assets is known as a community bank.
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Jennifer Rodriguez plans to attend graduate school in 5 years. She thinks that she will need a total of $32,000 to pay for school, and she wants to save money each month to reach her goal. What type of computation should she use?
Answers
Answer:
"Future value of an annuity" is the appropriate solution.
Explanation:
The future amount of an annuity seems to be the interest or price of a collection of additional payments throughout the aggregate beyond a certain point of time, considering a better rate of interest, or dividend yield. The higher the demand, the greater the potential quality of the investment account.