All categories

2 years ago

B was 42 when the life insurance policy was issued. 42 is referred to as the ______ age of the policy.

1 answer:

7 0

Because the assured is 42 when the life policy was issued, such age will be called an <u>original age</u> of the policy.

<h3>What is an original age?</h3>

In a life policy, an original age refers to the age of an insured at the inception of a life insurance policy.

Therefore, as the the assured is 42 when the life policy was issued, such age will be called an original age of the policy.

You might be interested in

Corporation produces a semiconductor chip used on communications. The direct materials are added at the start of the production

iren2701 [21]

Answer:

Equivalents Units Of Production Materials= 475,000

Conversion Costs 450,000

Cost of Completed Units =$ 5138250

Cost of Units in the Ending Inventory $ 604,500

Explanation:

Direct materials costs of $ 935,750

Conversion costs of $ 4,554,000

Total Manufacturing Costs $ 5489,750

Units % of Completion EUP

D.M C.C D.M C.C

Units completed 425,000 100 100 425,000 425,000

Ending Inventory 50,000 100 50 50,000 25000

Total Units Of Production 475,000 450,000

Direct Materials= $ 935,750/ 475000= $ 1.97

Conversion Costs = $ 4,554,000/ 450,000= $ 10.12

Cost of Completed Units =$ 5138250

Direct Materials = 425,000 * 1.97= $ 837250

Conversion Costs = 425,000 *10.12= $ 4301,000

Total Cost of Manufacturing Units= $ 5138250

Cost of Units in the Ending Inventory $ 604,500

Direct Materials = 50,000 * 1.97= $ 98,500

Conversion Costs = 50,000 * 10.12= 506000

Total Costs $ 604,500

7 0

3 years ago

Stan’s Sporting Goods is a competitor that can manufacture seven soccer balls out of a possible ten, if it makes one soccer net.

Shkiper50 [21]

Answer:

Sabrina’s Soccer has a comparative advantage over Stan’s Sporting Goods because Sabrina’s Soccer has a lower opportunity cost.

8 0

3 years ago

casey deesel is a sports agent negotiating a contract for titus johnston, an athlete in the national football league (nfl). an i

anastassius [24]

Based on the available data for a player of Titus Johnston's profile, his guaranteed amount would be $32.74 million.

<h3>Calculations and Parameters</h3>

Given that Casey Deeselis a sports agent negotiating a contract for Titus Johnston, an athlete in the National Football League

He has generated data on 506 NFL athletes who have recently signed new contracts and who get paid a percentage of his team's plays that the athlete is on the field.

With this, each award they get, each minute they spend on the field, each game missed, and then guaranteed money are all accounted for which is displayed in the attached image below.

If we observe the best-pruned tree given below, based on the arrows and circles,

For Snap percent = 96

Awards = 7

Games missed = 3

The conclusion is that with the profile of Titus Johnston, he would receive a guaranteed amount of $32.74 million.

Read more about regression tree here:

brainly.com/question/28465511

#SPJ1

8 0

1 year ago

Are real people answering these questions? Do u get paid?

Yuki888 [10]

Answer:

Yes real people answer these questions. No, at least I don't get paid. (although that would be awesome!!!)

4 0

3 years ago

Suppose an unlevered firm issues $1000 in debt at a cost of debt of 10%. If the corporate tax rate is 20%, what is the change in

Strike441 [17]

Suppose an unlevered firm issues $1000 in debt at a cost of debt of 10%. If the corporate tax rate is 20%, $200 t is the change in the firm's value.

Due to the issue of the corporate tax rate is entitled to Interest Tax Shield assuming Debt issued by the firm is perpetual and ignoring financial distress costs

Change in Value of firm

=Net Effect of Debt Financing

=Present Value of Interest Tax Shield (financial distress costs ignored)

= DebtValue * Cost of Debt * Tax Rate Interest Rate

= $1,000 * 10% * 20% 10%

=$200,

corporate tax rate, also known as corporate income tax or corporate tax, is a direct tax levied on the income or capital of a corporation or similar corporation. Many countries impose such taxes at the national level, and similar taxes may be levied at the state or local level.

Learn more about tax rate here: brainly.com/question/25791968

#SPJ4

3 0

2 years ago