Anne purchased an annuity from an insurance company that promised to pay her $20,000 per … 1 answer below »

Anne purchased an annuity from an insurance company that promised to pay her $20,000 per year for the next ten years. Anne paid $145,000 for the annuity, and in exchange she will receive $200,000 over the term of the annuity.
a.

How much of the first $20,000 payment should Anne include in gross income? (Do not round intermediate calculations.)
Amount to be included:
b. How much income will Anne recognize over the term of the annuity?

Income recognized:

In July 1998 the lagged reserve accounting (LRA) system replaced a contemporaneous reserve…

In July 1998 the lagged reserve accounting (LRA) system replaced a contemporaneous reserve accounting (CRA) system as the method of reserve calculation for DIs.

a. Contrast a contemporaneous reserve accounting (CRA) system with a lagged reserve accounting (LRA) system.

b. Under which accounting system, CRA or LRA, are DI reserves higher? Why?

c. Under which accounting system, CRA or LRA, is DI uncertainty higher? Why?

Wakers Inc has sales of 29 million total assets of Wakers, Inc. has sales of $29 million, total…

Wakers Inc has sales of 29 million total assets of
Wakers, Inc. has sales of $29 million, total assets of $17.5 million, and total debt of $6.3 million. If the profit margin is 8 percent, what is net income? What is ROA? What is ROE?

Wakers Inc has sales of 29 million total assets of

Find the 7 uniform annual deposits that can provide a single withdrawal of $38,500, 2 years after… 1 answer below »

Find the 7 uniform annual deposits that can provide a single withdrawal of $38,500, 2 years after the last deposit is made at an interest rate of 5% per year

…….   QUESTION TITLE :- Find the 7 uniform annual deposits that can provide a single withdrawal

How should I begin my intro for a paper discussing how Twelve Angry Men shows that prejudice can obs

How should I begin my intro for a paper discussing how Twelve Angry Men shows that prejudice can obscure the truth? 

Net Advantage to Leasing

ABC Co needs to acquire equipment at a cost of $2,500,000 {includes set up costs of $225,000 deemed to be capitalized} belonging to Class 8 (CCA Rate 20%). The company's financial institution has offered a borrowing rate (cost of borrowing) of Prime + 2% and the co`s tax rate is 35%. The company can lease the equipment for $825,000 a year for four years where lease payments occur at the beginning of the contract. The equipment has no salvage value and Prime is assumed to remain static at 6% over the life of the lease. The production manager's salary for this project is $65,000. Using the NAL approach, what advices would you provide as to the option the company should pursue?

An investment will pay you $23,000 in 9 years. The appropriate discount rate Is 7 percent compoun…

An investment will pay you $23,000 in 9 years. The appropriate discount rate Is 7 percent compounded dally. What Is the present value? $12, 250.35 $12, 510.48 $12, 617.86 $11, 637.83 $12, 862.87

The type of decision making a consumer uses for a product does not necessarily remain constant. Why? 1 answer below »

The type of decision making a consumer uses for a product does not necessarily remain constant. Why? Support your answer with an example from your own experience.Describe the three categories of consumer decision making behavior. Name typical products for which each type of consumer behavior is used.You are the new marketing manager for a firm that produces a line of athletic shoes to be targeted to the college student subculture. In a memo to your boss, list some product attributes that might appeal to this subculture, the steps in your customers’ purchase process, and recommend some marketing strategies that can influence their decision.Why is relationship or personal selling the best way to promote in business marketing?A colleague has sent you an e-mail seeking your advice as he attempts to sell smartphones to be issued to sales reps by a local business. Write a return e-mail describing the various people who might influence the customer’s buying decision. Be sure to include suggestions for dealing with the needs of each of these individuals.

ACME is growing fast. Dividends are expected to grow at 30% per year during the next 3 years, 18 % o

ACME is growing fast. Dividends are expected to grow at 30% per year during the next 3 years, 18 % over the following year, and then 8% per year indefinitely. The discount rate is 13%, and the stock currently sells for $65 per share. What is the projected dividend for the coming year? Please use formulas not Excel to understand process.

You have $500,000 available to invest. The risk-free rate as well as your borrowing rate is 8%. The

You have $500,000 available to invest. The risk-free rate as well as your borrowing rate is 8%. The return on the risky portfolio is 16%. If you wish to earn a 22%return, how much invest / borrow in the risk-free asset