subject
Business, 17.10.2020 15:01 josuealejandro9632

Sara purchased a life insurance policy as an investment from her neighbor, Angela. Angela, the original policy holder had paid premiums of $12,000 before the sale. Sara paid Angela $16,500 to acquire the life insurance policy. Sara made additional payments of $5,000. When Angela died, Sara collected $50,000. How much of the policy proceeds is taxable to Sara

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 01:50
You are an employee of an u.s. firm that produces personal computers in thailand and then exports them to the united states and other countries for sale. the personal computers were originally produced in thailand to take advantage of relatively low labor costs and a skilled workforce. other possible locations considered at that time were malaysia and hong kong. the u.s. government decides to impose punitive 100% ad valorem tariffs on imports of computers from thailand to punish the country for administrative trade barriers that restrict u.s. exports to thailand. how do you think your firm should respond? what does this tell you about the use of targeted trade barriers?
Answers: 3
question
Business, 22.06.2019 10:10
Karen is working on classifying all her company’s products in terms of whether they have strong or weak market share and whether this share is in a slow or growing market. what type of strategic framework is she using?
Answers: 2
question
Business, 22.06.2019 20:00
An arithmetic progression involves the addition of the same quantity to each number.which might represent the arithmetic growth of agricultural production
Answers: 3
question
Business, 22.06.2019 20:30
Identify the level of the literature hierarchy for u.s. gaap to which each item belongs
Answers: 1
You know the right answer?
Sara purchased a life insurance policy as an investment from her neighbor, Angela. Angela, the origi...
Questions
question
Mathematics, 11.03.2021 23:40
question
Mathematics, 11.03.2021 23:40
question
English, 11.03.2021 23:40
question
English, 11.03.2021 23:40
question
Mathematics, 11.03.2021 23:40
question
Chemistry, 11.03.2021 23:40
question
Mathematics, 11.03.2021 23:40
Questions on the website: 13722363