Answer the following questions appropriately.
The human Ize approach will generally result in a larger need for life insurance for younger people as compared to older people. True False QUESTION 32 The needs approach for determining the appropriate amount of life insurance to purchase considers all of the relevant costs that a family will have after the death of the insured except an estale. O True False QUESTION 33 The owner of a term life insurance policy shifts the financial risk of death for the current year to the insurance company in return for the annual premium. True False QUESTION 34 The mortality risk of a term life insurance policy increases each year, TrueRequired information [The following information applies to the questions displayed below.] Henrich is a single taxpayer. In 2020, his taxable income is $450,000. What is his income tax and net investment income tax liability in each of the following alternative scenarios? Use Tax Rate Schedule, Dividends and Capital Gains Tax Rates for reference. (Do not round intermediate calculations. Leave no answer blank. Enter zero if applicable.) a. All of his income is salary from his employer. X Answer is not complete. Amount Income tax $ 132,295 Net investment income tax Total tax liability $ 132,295Required information {The following information applies to the questions displayed below] Henrich is a single taxpayer. In 2020, his taxable income is $450,000. What is his income tax and net investment income tax liability in each of the following alternative scenarios? Use Tax Rate Schedule, Dividends and Capital Gains Tax Rates for reference. {Do not round intermediate calculations. Leave no answer blank. Enter zero if applicable.) b. His $450,000 of taxable income includes $2,000 of longterm capital gain that is taxed at preferential rates. Income tax Net investment income tax Total tax liability 55 E] Question # 3 This is about Hypothesis Proportion Confidence Interval (Level of confidence) Saint Francis Hospital in Mott Haven believes the percentage of residents in the neighborhood who have Healthcare insurance is 60%. The General Manager for the Emergency Room believes this number is to be different. He said, he conducts his own survey of 200 people and found that 100 people respondent yes to owning Health insurance Questions? 1) State the Null and Alternative Hypothesis?Question Completion Status: Attach File Browse My Computer Browse Content Collection QUESTION 32 The following facts relate to Krung Thep Corporation: 15 points Save 1. Deferred tax liability, January 1, 2015, $40,000 2. Deferred tax asset, January 1, 2015, $0 3. Taxable income for 2015, $115,000 4. Pretax financial income for 2015, $200,000 5. Cumulative temporary difference at December 31, 2015, giving rise to future taxable amounts, $220,000 6. Cumulative temporary difference at December 31, 2015, giving rise to future deductible amounts, $35, 000 7. Tax rate for all years, 40% 8. The company is expected to operate profitably in the future. Instructions: a Compute income taxes payable for 2015. b. Prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2015. Prepare the income tax expense section of the income statement for 2015, beginning with the line "income before income taxes." Browse My Computer Browse Content Collection Attach File
