On January 2, 2017, You Invest $100,000 in Righteous, a Load

question 78

Multiple Choice

On January 2, 2017, you invest $100,000 in Righteous, a load fund that charges a fee of 7 percent. The fund's returns were 12.8 percent in 2017, 13.9 percent in 2018, and 7.9 percent in 2019. On December 31, 2019, you redeem all your Righteous shares. The dollar value is

• A) $12,800.00.
• B) $12,892.50.
• C) $100,000.00.
• D) $128,925.00.
• E) $10,000.00.

Be aware of proper techniques and considerations in providing oral care, especially for unconscious or special needs patients.

Learn the importance of preventing skin impairment through appropriate hygiene care and regular assessments.

Understand that personal, cultural, and familial influences affect patient hygiene practices.

Know the correct methods for handling specific hygiene-related conditions, such as lice or ticks removal, to prevent further health issues.

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Definitions:

Book Depreciation

The allocation of the cost of a tangible asset over its useful life for accounting and tax purposes.

Tax Rate

The percentage at which an individual or corporation is taxed, or the government's claim on earnings.

Income Tax Expense

The amount of income taxes a company expects to pay for the current tax year, accounting for deferred taxes.

Book Income Before Income Tax

The income that a company reports on its financial statements before the deduction of income tax expenses.