Which of the following is a permissible IRA investment alternative?
A) mutual funds
B) fine art
C) antiques
D) life insurance
Answer: A
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The balance sheet contains the major sections (a-k) listed below. A listing of account titles (1-12) follows.
a.Current assetsg.Long-term liabilitiesb.Long-term investmentsh.Other liabilitiesc.Property, plant, and equipmenti.Contributed capitald.Intangible assetsj.Retained earningse.Other assetsk.Accumulated other comprehensivef.Current liabilities income? ____1. Work in process inventory ____2. Trademarks ____3. Sales ____4. Cash surrender value of life insurance policy ____5. Additional paid-in capital on common stock ____6. Deferred tax assets ____7. Accumulated depreciation ____8. Unrealized decrease in value in available for sale securities ____9. Allowance for uncollectible accounts receivable ____10. Interest payable ____11. Sinking fund for preferred stock retirement ____12. Bonds Payable (due in 10 years) ____13.Leased machinery under a capital lease ____ 14. Cost of goods sold? Required:Using the letters (a-k), indicate in which section of the balance sheet each of the accounts (1-14) would be classified. Put parentheses around the letter used if it represents a contra account. If the account does not appear on the balance sheet, place an "X" in the space provided. What will be an ideal response?
Sydney's Emporium has 59 stores in the United States and wants to expand globally. Sydney's wants to achieve the highest possible returns, and is not concerned about pursuing a high-risk strategy as long as it maintains complete control over its stores. The best global entry strategy for Sydney's is most likely
A. a joint venture. B. a strategic alliance. C. franchising. D. direct investment. E. exporting.
The tort of false light imposes liability if the matter in question is objectionable to a reasonable person, but is not necessarily defamatory
a. True b. False Indicate whether the statement is true or false
Adhering to a new act passed in 2002, the CEO of Pearsil & Pearsil, a real estate company, now personally certifies the validity of the company's financial statements. Given this information, the CEO most likely follows the_____.
A. Sarbanes-Oxley Act B. Blaine Act C. Landrum-Griffin Act D. Dawes Act