Aregistered representative sold a deferred variable annuity to an unmarried 18 year old high school senior who had just inherited $30,000. she intended to take a lump sum payment from the annuity for a down payment on a house when she graduated from college in four or five years. this sale may be unsuitable for all of the following reasons except?
a. the proceeds would likely be subject to a 10% penalty tax.
b. the selected professionally managed annuity was not guaranteed to produce a gain.
c. the customer had no need for the death benefit because she was unmarried and had no dependents.
d. the customer was in the lowest marginal tax bracket and had no need for tax deferral.

If delta airlines were to significantly change its fare structure and flight schedule to enhance its competitive position in response to aggressive price cutting by southwest airlines, this would be an example ofanswers: explicit collusion.tacit collusion.competitive dynamics.a harvest strategy.

Maria am corporation uses the weighted-average method in its process costing system. the baking department is one of the processing departments in its strudel manufacturing facility. in june in the baking department, the cost of beginning work in process inventory was $4,880, the cost of ending work in process inventory was $1,150, and the cost added to production was $25,200. required: prepare a cost reconciliation report for the baking department for june.

Transactions that affect earnings do not necessarily affect cash. identify the effect, if any, that each of the following transactions would have upon cash and net income. the first transaction has been completed as an example. (if an amount reduces the account balance then enter with negative sign preceding the number e.g. -15,000 or parentheses e.g. (15, cash net income (a) purchased $120 of supplies for cash. –$120 $0 (b) recorded an adjustment to record use of $35 of the above supplies. (c) made sales of $1,370, all on account. (d) received $700 from customers in payment of their accounts. (e) purchased equipment for cash, $2,450. (f) recorded depreciation of building for period used, $740. click if you would like to show work for this question: open show work