The sole beneficiary of group term life insurance

Assignment Help Financial Management
Reference no: EM131052473

An employee can name a charity as the sole beneficiary of group term life insurance and avoid any income tax on the economic benefit for coverage over what amount? Select one: a. $20,000 b. $30,000 c. $40,000 d. $50,000

Reference no: EM131052473

Questions Cloud

Income tax on economic benefit for coverage over what amount : An employee can name a charity as the sole beneficiary of group term life insurance and avoid any income tax on the economic benefit for coverage over what amount?
Legal term for the lack of training or inadequate : Negligent training is a legal term for the lack of training or inadequate training that can be used in a lawsuit to prove the organization did not use reasonable care and thus did not provide an employee with all the knowledge and the basic skills..
Mention of cios from emerging countries : Refer to the Real World Case on the globalization challenges faced by CIOs in the chapter. All those mentioned are CIOs from headquarters who went abroad, but there is no mention of CIOs from emerging countries taking over the global helm.
Providing support for more innovative : What is your story, and why do you think the legislature should do more to support your efforts, perhaps by increasing funding for scholarships, decreasing the need for student loans, or providing support for more innovative, student-centered prog..
The sole beneficiary of group term life insurance : An employee can name a charity as the sole beneficiary of group term life insurance and avoid any income tax on the economic benefit for coverage over what amount? Select one: a. $20,000 b. $30,000 c. $40,000 d. $50,000
Advertisement from newspaper or magazine for product : Choose an advertisement from a newspaper or magazine for a product or service about which you have some interest. The ad probably does not have sufficient space to provide all information you need to make an intelligent purchase decision. Write to th..
Environmental issues faced by business and society : Research and explain the importance of an environmental issue (fracking, hazardous waste disposal, oil pipeline leaks, deforestation, etc.) faced by business and society. Additionally, describe at least two strategic approaches organizations are us..
Internet technologies affecting the structure : How are Internet technologies affecting the structure and work roles of modern organizations? For example, will middle management wither away? Will companies consist primarily of self-directed project teams of knowledge workers? Explain your answe..
Clean clothes corner laundry : When Molly Lai purchased the Clean Clothes Corner Laundry, she thought that because it was in a good location near several high-income neighborhood, she would automatically generate good business if she improved the laundry's physical appearance. ..

Reviews

Write a Review

 

Financial Management Questions & Answers

  Project requires an initial cash outlay

A project requires an initial cash outlay of $95,000 and has expected cash inflows of $20,000 annually for 9 years. The cost of capital is 10%. What is the project’s IRR?

  Generates after-tax cash flows

An Investment of $83 generates after-tax cash flows of $46 in year one, $70.00 in year 2, and 135.00 in year 3. The required rate of return is 20 percent. The net value is what?

  How much interest expenses did ferris save

In the practice rounds Ferris sold 400(000) units of it High End production capacity, 600(000) units of its Traditional production capacity, and 400(000) units of its Low End capacity generating $15,220(000) in positive cash flow. how much interest e..

  Which involves building a new refrigerated warehouse

Houston Inc. is considering a project which involves building a new refrigerated warehouse which will cost$7,000,000 at t = 0 and which is expected to have operating cash flows of $500,000 at the end of each of the next 20 years. Thus, at the end of ..

  What is the target share price in seven years

Davis, Inc., currently has an EPS of $2.16 and an earnings growth rate of 7 percent. The benchmark PE ratio is 20. What is the target share price in 7 years?

  What is the percentage increase in the market

The price of Stock C doubles to $60. What is the percentage increase in the market if a S&P 500 type of measure of the market is used? Repeat question (a) but use a Value Line type of measure of the market (i.e., a geometric average) to determine the..

  Sale in receivables or the days sales outstanding

A company has net income of $218,000 a profit margin of 8.70% and an accounts receivables balance of $132,850. What is the company’s days sale in receivables or the days sales outstanding?

  Accounting industry that impact fraud investigation

Submit the introduction to fraud as it applies to your case study of WorldCom analysis. Consider the elements of fraud, the theories of crime causation, red flags of evidence based on the elements of the fraud triangle, regulatory and legal factors i..

  What is the current spot price of gold at the lease rate

What is the current spot price of gold at the lease rate on the contract is 1.25% the risk free rate is 3% and thr 9 month forward price is $1000?

  How much did you borrow for your mortgage

The monthly mortgage payment on your house is $586.81. It is a 30 year mortgage at a quoted rate of 7.8% (compounded semi-annually). Approximately how much did you borrow for your mortgage?

  What is the portfolio standard deviation

An investor purchases an asset on October 26 2011 for $50,000, and sells it for $85,000 the next year. The asset generated cash flows of $10,000 over this period. What is the portfolio standard deviation? What is the expected (use arithmetic average)..

  Incremental return on new average investment be

Johnson Electronics is considering extending trade credit to some customers previously considered poor risks. Sales would increase by $180,000 if credit is extended to these new customers. Compute the incremental income after taxes. If the accounts r..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd