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vivado [14]
2 years ago
5

What's the key difference between term life insurance and straight-life insurance?

Business
1 answer:
Ket [755]2 years ago
4 0

Answer:

I don't understand this question

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An income statement for Sam's Bookstore for the first quarter of the year is presented below: Sam's Bookstore Income Statement F
nadezda [96]

Answer:

Contribution= $214,800

Explanation:

<em>Contribution margin ratio is the proportion of sales revenue that is earned as contribution. </em>

Unit sold = revenue / selling price = 880,000/55 = 16,000  units

Contribution = Sales revenue - variable cost

Variable  admin = 4% × 880,000= 35200

Variable selling = 5× 16,000 = 80,000

Contribution = Sales revenue - cost of goods sold - admin - selling

= 880,000 - 550,000- 35200 - 80,000=214,800

Contribution= $214,800

5 0
3 years ago
What is the purpose of this presentation? to persuade to instruct to inform to entertain
elena-s [515]

To give the audience more information or teach them about something ENTERTAIN. Keeps the audience's attention usually in an enjoyable way INFORM. Gets the audience to believe something or do what they are saying PERSUADE.

What is the purpose of this presentation to persuade?

In a persuasive speech, the goal is to change the attitudes, beliefs, values, or judgments of your audience.

If we look back at the idea of motive, in this speech the prosecuting attorney would try to convince the jury members that the defendant is guilty beyond reasonable doubt.

When an author's purpose is to inform, they usually wish to enlighten their readership about a real-world topic. Often, they will do this by providing lots of facts.

Learn more about purpose here:

brainly.com/question/16049281

#SPJ4

6 0
2 years ago
Individuals and business organizations that buy finished goods and resell them to make a profit without changing the physical ch
marysya [2.9K]

Answer: reseller markets

Explanation: In simple words, re-sellers refers to the buyers buying certain goods with the intention of selling them to anyone else. There are suppliers, retailers and distributors on the re-seller trade.

Re sellers can constrain their acquisitions to one product or company or offer a variety of brands and products.

These are the part of supply chain which makes their profit by adding value in the goods in form of providing any kind of service. For example the retailer provides commodities near the customer place hence charges extra for the time saving customer.

4 0
2 years ago
Western Bank &amp; Trust purchased land and a building for the lump sum of $3 million dollars. To get the maximum tax deduction,
leonid [27]

Answer:

Explanation:

Because land never depreciates, Western Bank & Trust wanted to distribute a higher percentage of the purchase price to the building, rather than the land. By allocating 90% of the purchase price to the building, rather than a more accurate 70%, Western Bank & Trust increases the depreciation amount of the building each year. For tax purposes, the IRS requires that the Modified Accelerated Cost Recovery System (MACRS) be used as the depreciation method used by companies. Under this method, the IRS specifies the useful life for a specific asset. MACRS also ignores residual value of an asset at the end of its useful life. By stating that the building was worth 90% of the total purchase price, Western Bank is attempting to increase its tax deduction from the IRS, because only the building depreciates, not the land. This improper allocation of the total purchase amount violates GAAP principles, which require that accounting information be “relevant and have faithful representation.” The information must be “complete, neutral, and free from error” (Nobles, Mattison, & Matsumura, 2014). For Western Bank to provide complete, neutral, and free from error information, it should record the transaction honestly: 70% to the building, 30% to the land. This dishonest representation is harmful to the federal government in that it is allowing Western Bank to take more money than what it is owed. If these kinds of situations happen on a large scale, it could have a huge impact on the economy in general. Source: Nobles, T., Mattison, B., & Matsumura, E. M. (2014). Horngren's Accounting, 10th Edition. Pearson Education, Inc. Student 2

3 0
2 years ago
Star software systems and henry orally agree for henry to write special accounting software. this software usually takes three y
ELEN [110]

There are 6 requirements for a verbal contract:

An offer. -- they had this

An acceptance. -- the contract was accepted

Competent parties who have the legal capacity to contract. - they both have the right to make this decision

Lawful subject matter. this is not an illegal operation

Mutuality of obligation. Both parties are obligated to do something in this case.

Consideration. if there were discussions of payment, then yes this is a legally enforceable contract.

4 0
3 years ago
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