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tekilochka [14]
2 years ago
12

In the event a terminated or ineligible employee dies during the conversion period from a group life plan, whether they were goi

ng to elect individual coverage or not, a death claim will be paid by the group policy, less the premium due for the benefit, which means that the conversion period is really:
Business
1 answer:
aksik [14]2 years ago
3 0

Answer:

i think it's A grace period

hope that helps if not i can change it

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When setting channel​ objectives, companies should state the objectives in terms of​ ________?
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Targeted levels of customer service
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During the​ year, ​, ​Inc., has in​ revenues, in​ expenses, and in dividend payments.​ Stockholders' equity changed by
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$198,000

Explanation:

Here is the full question used in answering this question :

During the year, Fast/Wash Inc., has $310,000 in revenues, $105,000 in expenses, and $7,000 in dividend payments. Stockholders equity changed by

Change in stockholders equity = +310,000 -  $105,000 -  $7,000 = $198,000

Income increases stockholders equity while, dividend payments and expenses reduce stockholders equity.

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Wages that have been earned by the employees of a governmental unit, but not paid at year-end, should be recorded in the General
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Expenditures

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Investors in middle management are most likely to be investing because they're nearing retirement or
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3 0
3 years ago
You have the following information for Crane Company for the month ended October 31, 2022. Crane uses a periodic method for inve
Mazyrski [523]

Answer:

Crane Company

1. Weighted average cost per unit = $25.032

2.                                       (1) LIFO         (2) FIFO          (3) Average-cost

Ending inventory                $1,580          $1,940                  $1,752

Cost of goods sold               6,180           5,820                   6,008

Sales revenue                    $9,150         $9,150                  $9,150

Gross profit                          2,970           3,330                    3,142

Gross profit rate                  32.5%          36.4%                   34.3%

Explanation:

a) Data and Calculations:

Date       Description              Units    Unit Cost or Selling Price         Total

Oct. 1      Beginning inventory  50            $22                           $1,100

Oct. 9     Purchase                   110              24                            2,640

Oct. 11    Sale                           (90)                                   $35               $3,150

Oct. 17    Purchase                   90              26                            2,340

Oct. 22  Sale                           (50)                                     40                2,000

Oct. 25  Purchase                   60              28                             1,680

Oct. 29  Sale                         (100)                                     40                4,000

Total                     310 (240) = 70                                             $7,760 $9,150

Weighted average cost per unit = $25.032

LIFO:

Ending inventory

= (50 * $22) + (20 * $24)

= $1,100 + $480

= $1,580

Cost of goods sold = $7,760 - $1,580 = $6,180

FIFO:l

Ending inventory:

= (60 * $28)  + (10 * $26)                  

= $1,680 + $260 = $1,940

Cost of goods sold = $7,760 - $1,940 = $5,820

Weighted-average costs:

Ending inventory = 70 * $25.032 = $1,752

Cost of goods sold = $7,760 = $1,752 = $6,008

6 0
3 years ago
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