Paolo is age 77. He paid $240,000 for a single life annuity contract that will pay him $43,200 per year for life. The tax-free amount of the first $43,200 payment is
A. $19,835.
B. $21,429.
C. $21,771.
D. $11,321.
Answer: B
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The classification assertion refers to transactions and events being recorded in the correct accounting period.
Answer the following statement true (T) or false (F)
Sonya realizes that she suffers from communication apprehension. Which of the following is recommended to help her overcome this communication barrier?
A. find a job that she will not have to talk as much in B. take assertiveness training C. find someone who can talk for her D. avoid workplace conversations
Aaron is concerned about union organizing activities among his employees. He knows that many of the employees like and respect Derrick. Aaron thinks if he can get Derrick to vote against the union, others will do so as well. Aaron offers Derrick a 10% raise if Derrick does not vote for the union. Aaron knows this will be a lot of money, but thinks he will save money in the long term by avoiding the union. It appears that Aaron violated which of the NO TIPS rules for what management cannot do for labor elections.
A. No Threats B. No Interrogations C. No Promises D. No Spying E. None of the above
Hispanic Americans:
a. prefer to buy American products rather than brands found in their homelands. b. are much older than the general U.S. population. c. believe that the traditional family is the main building block of a healthy community. d. make the most homogenous ethnic group.