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2 years ago

4. Malik's father recently died. His dad had an insurance

Business

1 answer:

Salsk061 [2.6K]2 years ago

7 0

The type of insurance money that Malik has received indicates life insurance and the correct option is D.

<h3>What is life insurance?</h3>

Life insurance is an agreement wherein a policyholder will pay everyday premiums in alternate for a lump-sum demise benefit that can be paid to the policyholder's beneficiaries. The lump-sum gain is paid while the policyholder passes away or a selected amount of time has passed.

Hence, The type of insurance money that Malik has received indicates life insurance and the correct option is D.

learn more about life insurance here:

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St. Jude Medical makes cardiovascular medical devices, including the world's most widely used mechanical heart valve. Its produc

DIA [1.3K]

Answer:

Advantage in competition. ( competitive advantage)

Explanation: Whenever a hospital is more equipped or fully equipped with tools, machines, and any other factor that favors the saving of lives, that hospital will mostly have the upper hand in competition against it's rivals. It is safe to say a heart patient who is facing a life threatening situation would rather be taken to such a hospital for quick response to save their lives. A hospital less equipped with these kind of machines , especially those needed in critical moments like defibrillating someone who is experiencing cardiac arrest, will less likely be a first choice to treating patients of these nature. In critical moments like these a hospital better equipped will always be the first choice, disregarding other factors like cost. Now distance could be critical, but again, almost always if the distance is not too long then the better equipped gets the patients.

8 0

3 years ago

Read 2 more answers

Selected transactions for Grouper’s Dog Care are as follows during the month of March.

SCORPION-xisa [38]

Answer and Explanation:

The Journal entries are shown below:-

1. Rent expense Dr, $1,030

To cash $1,030

(Being cash paid is recorded)

2. Account receivable $120

To service revenue $120

(Being service revenue is recorded)

3. Cash $120

To Service revenue $120

(Being cash received is recorded)

4. Equipment Dr, $515

Cash Dr, $70

To Accounts payable $445

(Being cash received is recorded)

5. Cash Dr $120

To account receivable $120

(Being cash received is recorded)

6. Wage expense $450

To cash $450

(Being cash paid is recorded)

7. Utility expense Dr, $62

To cash $62

(Being cash paid is recorded)

8. Cash Dr, $1,290

To notes payable $1,290

(Being cash received is recorded)

9. Repair & maintenance Dr, $190

To cash $190

(Being cash paid is recorded)

10. Accounts payable Dr, $445

To cash $445

(Being cash paid is recorded)

11. Prepaid Insurance Dr, $1,550

To cash $1,550

(Being cash paid is recorded)

3 0

3 years ago

Vandelay Industries stock has a 50% chance of producing a 20% return, a 30% chance of producing a 8% return, and a 20% chance of

Yanka [14]

Answer:

8.2%

Explanation:

Calculation to determine the expected rate of return

Expected rate of return= (.50 (.20)) +(.30(.08)) + (.20*(-.21)

Expected rate of return=0.1+0.024+(0.042)

Expected rate of return=.082*100

Expected rate of return=8.2%

Therefore the expected rate of return is 8.2%

3 0

3 years ago

Wheeler’s Bike Company manufactures custom racing bicycles. The company uses a job order cost system to determine the cost of ea

Elan Coil [88]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Estimated overhead costs:

Factory machinery depreciation 59,000

Factory supervisor salaries 140,500

Factory supplies 43,900

Factory property tax 27,750

Total overhead= 271,150

First, we need to determine the estimated direct labor hours for the period:

Factory direct labor= 215,558

Direct labor rate= $12.11

Direct labor hours= 215,558/ 12.11= 17,800 hours

Now, we can calculate the estimated overhead rate:

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 271,150/17,800= $15.23 per direct labor hour

2) To apply overhead, we need to use the following formula:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 15.23*18,900= $287,847

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4 years ago

What encourages people to buy shares in the ownership of a private limited company? (please if you can, give an explanation)

sertanlavr [38]

I think the main reason people buy shares of companies is to make money.
Explain:
their idea is to buy low value of things and sell high. for example, if i buy 100 shares of a company stock valued at 25$ each i will have made a total of 2,500$. if in the next few months the shares increase to $50, I can sell them for more, Like $5,000, This is doubling your investment.
Hope that helped

6 0

3 years ago