When an annuitant receives liquidation payments, part of the payment is a return of principal and is thus exempt from Federal Income tax. The tax-exempt portion of the payment is calculated using the:
A) exclusion ratio
B) refund ratio
C) vested ratio
D) combined ratio
A
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Through its dedicated research team, CISCO Systems Inc has developed new value-added business solutions which enable its variant class-II capacitors to provide incremental productivity of 10 to 20 percent over its competitors
This is an example of the solutions to ________ form of solution selling. A) reduce customer costs B) decrease customer risks C) alter corporate culture D) enhance customer revenues E) partnerships
A limitation of using industry norms in financial performance evaluation is that some companies in the same industry may not be strictly comparable
Indicate whether the statement is true or false
By establishing high and unrealistic financial goals, you will probably
A) improve the likelihood of achieving at least some success. B) become discouraged and lose interest in planning. C) increase the viability of your plan. D) impress your spouse or significant other.
Which of the following terms is used to describe assets that can be easily converted to cash?
A. Current profits B. Fixed liabilities C. Fixed assets D. Current assets