The investor who pays a - Study guides, Class notes & Summaries

GA LIFE ACCIDENT AND SICKNESS EXAM QUESTIONS AND ANSWERS At what point must a life insurance applicant be informed of their right that fall under the fair credit reporting act? - Correct Answer ️️ -Upon the completion of the application A Group owned insurance company that is formed to assume and spread the liability risks of its members is known as a: - Correct Answer ️️ -Risk retention group Who elects the governing body of a mutual insurance company - Correct Answer ️️ - Po...

UGBA 104 Module 1 Practice Test Exam Latest Questions and Answers 1) Alonzo is an experienced CPA who has been hired for a professional position at PWC to advise corporations on mergers. Which of the following terms BEST describes Jose's capacity as an accountant? A) noncertified public accountant B) private accountant C) forensic accountant D) accountant providing management advisory services E) management accountant - CORRECT ANSWER-Answer: D See page 221, paragraph 2 of custom t...

Investors buy debt or equity of the Firm with cash: Financing Decision - how should the firm raise the cash/capital to pay for the firm's assets? External finance involves selling a financial claim - why choose debt or equity? Debt - a contractual claim entitles investor to receive fixed interest payments at specified dates Equity - a residual claim entitles ownership in firm Who gets "paid" first? Neither Debt holders Equity holders Depends - Depends Investment Decision - wha...

Kansas Insurance - Life and Health Insurance Questions and Answers 100% Pass The Kansas Life and Health Insurance Guaranty Act Association provides payment for covered claims under certain insurance policies in the event that a company is insolvent What are the limits of the KLHIGAA? Life: $100,00 in death benefits; $100,00 in net surrender value Annuities: $250,00 in present value Health: $100,00 in benefits Underwriting a method insurer's use to reduce or avoid risk Adverse Selection red...

front end load - ANSWER-The investor who pays a _______pays no further sales fee if she redeems units during the term of the contract. Registered retirement savings plan - ANSWER-A segregated fund in a _____is bound by the rule that apply to all_____. Therefore, the oldest age at which a contract can begin as an _____is 71, deposits can be made untill December 31 of the year in which the contract owner turns 71 Then, the _____is converted to a registered retirement income fund (RRIF). Regi...

Common Stock - ANSWER-Is a security that represents ownership in a corporation. Exercise control by electing a board of directors and voting on corporate policy. Are on the bottom of the priority ladder for ownership structure Have rights to a company's assets only after bondholders, preferred shareholders and other debt holders are paid in full. Preferred Stock - ANSWER-Is a class of ownership in a corporation that has a higher claim on its assets and earnings than common stock. ...

Florida 240 License Questions and Answers Graded A+ The stated amount or percent of liquid assets that an insurer must have on hand that will satisfy future obligations to its policyholders is called: Reserves An insurance applicant MUST be informed of an investigation regarding his/her reputation and character according to the: Fair Credit Reporting Act A nonprofit incorporated society that does not have capital stock and operates for the sole benefit of its members is known as: A fraternal ...

If received investment to get 20% with $10M Pre, how much does each person own ($ and %)? correct answers to own 20% then the current ownership is 80% of new total value. Therefore, divide 10M by 0.8 to get new total = 12.5M post Investor gets 20% of 12.5M = 2.5M Owner keeps 80% of 12.5M = 10M Pro RATA rights correct answers Allows previous investors to invest more money in the future to avoid dilution. Good for entrepreneur if they like the investor (can get more money from them). Bad for...

Solutions Manual for Advanced Accounting 15th Edition By Hoyle Full Chapters . Cost Method: applied to investments without a readily determinable fair value. When the fair value of an investment in equity securities is not readily determinable, and the investment provides neither significant influence nor control, the investment may be measured at cost. The investment remains at cost unless 1. A demonstrable impairment occurs for the investment, or 2. An observable price change occurs for i...

Certified General Appraiser Exam - Questions with Verified Answers Estimated income property values will decline as a result of a. Increased net cash flows b. Lower capitalization rates c. Lower vacancy rates d. Increased discount rates e. Higher standard of living Income capitalization is the term used to described the process of estimating the value of income property by studying expected future income. This process a. Converts the net operating income of a property into its equivalent capit...