A possible cause of favourable material price is

What is the viability and relevancy of insurance products sold to businesses and individual

Anna11 [10]

The viability and relevance of insurance products usually cater the preference of the insurance buyer.
For example, some buyer want to make sure that they have a safe retirement so they tend to lean towards good individual retirement policy.
Some buyer want to make sure that his/her family is taken care of if something happens to them, so they tend to seek the product with highest life coverance, etc.

8 0

3 years ago

A couple advises a banker that their total income includes both salary and disability payments. How should disability payments,

Korolek [52]

The way that disability payments be analyzed in order to calculate the customer’s ability to pay are:

The use of SSA Notice of Award or any equivalent document “does not have a defined expiration date
The use of income from this source that qualifies income.

<h3>How do you calculate disabilities?</h3>

In the calculation of how much a person can receive as your disability benefit, there is the use of SSA via the use of the average amount a person have earned per month over the timeframe of their adult years, and one adjusted for inflation.

One can do so by entering your typical annual income. and this income will be adjusted to know the wage growth over a person's career.

Note that The way that disability payments be analyzed in order to calculate the customer’s ability to pay are:

The use of SSA Notice of Award or any equivalent document “does not have a defined expiration date
The use of income from this source that qualifies income.

Learn more about disability payments from

brainly.com/question/16810465

#SPJ1

5 0

1 year ago

Galaxy Products is comparing two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II). Under P

ankoles [38]

Answer:

break even EBIT is $717,240.13

Explanation:

given data

stock outstanding = 230000 shares

stock outstanding = 224478 shares

debt outstanding = $210000

interest rate = 8.2 percent

to find out

What is the break even EBIT

solution

we get break even EBIT is here express as

$\frac{EBIT}{230000} = \frac{EBIT-210000*0.082}{224478}$

EBIT × 224478 = 230000 × ( EBIT - 17220 )

solve it we get

EBIT = $717,240.13

so break even EBIT is $717,240.13

6 0

3 years ago

nuary 1, Campanella Inc. issued $4,000,000, 8% bonds for $3,756,000. The market rate of interest for these bonds is 10%. Interes

olasank [31]

Answer:

$188,400

Explanation:

Data provided in the question:

Value Bonds issued = $4,000,000

Amount for which bonds issued = $3,756,000

Thus,

Bond discount at the time of issue = $4,000,000 - $3,756,000

= $244,000

Interest = 8%

Interest payable = Value Bonds issued × Interest

= $4,000,000 × 8%

= $320,000

Market rate of interest = 10%

Therefore,

Interest expense = $3,756,000 × 10%

= $375,600

Thus,

Discount amortized = Interest expense - Interest payable

= $375,600 - $320,000

= $55,600

Therefore,

At the end of the first year, Campanella should report unamortized bond discount

= Bond discount at the time of issue - Discount amortized

= $244,000 - $55,600

= $188,400

3 0

3 years ago

The following income statements were drawn from the annual report of The Western Sales Company. Year 2 Year 1 Sales 40,000 40,00

aniked [119]

Answer:

$9,555

Explanation:

As for the trend provided, the year 3 Sales will also be $40,000

Cost of goods sold will be $25,000

gross margin = $15,000

Operating expenses are decreasing with time by $\frac{9,000 - 7,000}{9,000} = 0.22$

Thus, it will decrease with the same trend = $7,000 - 22.22% = $5,445

Rounded off

Therefore, net income = $15,000 - $5,445 = $9,555

Note: Gain on sale of land is one time event and not permanent, thus it will not be considered as part of trend.

3 0

3 years ago