Which of the following is a permissible IRA investment alternative?

A) mutual funds
B) fine art
C) antiques
D) life insurance


Answer: A

Business

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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?

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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.

Business

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

Business

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

Business