Brian buys and sells investment securities for his clients. Brian also decided to become a licensed life insurance agent to better serve his customers

While Brian's primary focus is buying and selling financial securities for his clients in exchange for commissions, he also earns commissions on his life insurance sales. Brian is a(n)
A) direct writer.
B) stock broker.
C) insurance broker.
D) personal-producing general agent.


Answer: B

Business

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A sporting goods retailer anticipates running a print advertisement campaign during the beginning of the year in support of customers' anticipated New Year's resolutions to get in physical shape. The sporting goods retailer asks its key vendors to partner with it in covering the expenses of the ad campaign. Vendors agree to support the ________ as long as they are certain that their products will be featured in the advertisements.

A. spot promotion B. double pocket promotion C. double truck D. co-op advertising E. partnering promotions

Business

Exhibit 11-05Wilson is preparing his tax returns using the MACRS convention. The following information relates to the purchase of an asset on January 1, Year 1.

MACRS Depreciation as a Percentage of the Cost of the AssetYear of Life3 5 7 10 1 33.33% 20.00% 14.29% 10.00% 2 44.45% 32.00% 24.29% 18.00% 3 14.81% 19.20% 17.49% 14.40% 4 7.41% 11.52% 12.49% 11.52% 5  11.52% 8.93% 9.22% 6  5.76% 8.92% 7.37% 7   8.93% 6.55% 8   4.46% 6.55% 9    6.56% 10    6.55% 11    3.28% ? Cost$ 105,000 Estimated Economic Life7 Estimated residual value$   15,000 Depreciation for Financial Statementsstraight-line MACRS life5 MACRS Method200%-declining-balance ? ? Refer to Exhibit 11-05, what amount of depreciation would have been recorded in Wilson's books for year 3? A. $18,000 B. $12,857 C. $20,160 D. $15,000

Business

How does employees’ domestic base pay differ from employees’ international base pay?

What will be an ideal response?

Business

In direct exporting, a U.S. company signs a sales contract with a foreign purchaser that provides for the conditions of shipment and payment of goods

Indicate whether the statement is true or false

Business