What is the new guaranteed amount after the withdrawal

Assignment Help Financial Accounting
Reference no: EM132869485

Problem 1: A contract holder withdrew $ 14,000 (market value) from a contract that had a market value of $40,000 and a guaranteed amount of $30,000. The contract had been in place for 8 years. What is the new guaranteed amount after the withdrawal?

a) $14,000

b) $16,000

c) $19,500

d) $24,000

Problem 2: Why do ETFs typically have lower capital gains distributions compared to actively managed mutual funds?

a) There is usually lower portfolio turnover.

b) All capital gains are automatically reinvested.

c) Most distributions are paid as dividends eligible for the dividend tax credit.

d) All investors use ETFs as passive investments.

Reference no: EM132869485

Questions Cloud

What type of hedge fund must have a net position : What type of hedge fund must have a net position that is always short? Why do private equity managers often have access to legitimate inside information?
Key contributing factors of discrepancies : What are the economic discrepancies between Indigenous Australians and non Indigenous people?
What procedures were performed to be comfortable : What procedures were performed to be comfortable with the completeness and accuracy of the data used in setting the initial expectation
Explain purpose of quality assurance audit : Define the requirement for an airline to establish Quality Assurance (QA). Explain the purpose of a quality assurance audit.
What is the new guaranteed amount after the withdrawal : What is the new guaranteed amount after the withdrawal? A contract holder withdrew $ 14,000 (market value) from a contract that had a market value of $40,000.
Describes early stage private equity investing : Which of the following statements describes early stage private equity investing? The death benefit of a segregated fund is realized when?
Describe each income support policy target population : List and describe each income support policy's target population, means of funding, and intended outcomes.
What amount of cost of goods sold is reported : Total available for sale 200 units $23700. What amount of cost of goods sold is reported on the income statement using periodic average cost
Identify some of the cultural differences : Identify some of the cultural differences that competed for decision-making authority prior to launch.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd