1 which of the following statements is correcta common law, Ask an Expert

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1. Which of the following statements is correct?

A. common law employee who is age 55 can receive a distribution after becoming disabled even it he or she keeps working

B. If a physiclan expects that with reasonable effort a patient can resume substantial gainful activity within two years, a distribution from th for LSD treatment

C. The regulations under Regulation Section 1.72-17A list impairments that automatically quality a person as disabled

D. There are cases where a practitioner shouid advise the client to to whether a planned distribution qualifies as a lump-sum distribution seek a private ietter ruling as to whether a planned distrubtion qualfies as a lump sum distrubtion.

2. Profitability Ratios PJ's Ice Cream Parlor has asked you to help piece together financial information on the firm for the most current year. Managers give you the following information: sales = $56 million, total debt = $26 million, debt ratio = 44%, ROE = 12.6%. Using this information, what is PJ's ROA? (Do not round intermediate steps.)

A. 11.44

B. 7.06

C. 4.38

D. 12.60

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92781714

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