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2 years ago

Jeanne wants to purchase a life insurance policy with guaranteed premiums. What kind of policy would she want to purchase

1 answer:

6 0

If Jeanne wants to purchase a life insurance policy with guaranteed premiums, the kind of policy she would purchase is b. Nonparticipating policy.

<h3>What is a nonparticipating policy?</h3>

A non-participating policy is an insurance policy in which the policyholder does not receive dividends from the life insurance plan if the insurance company achieves a surplus or profit in a period.

Another attribute of a nonparticipating policy is that premiums are less than other policies and remain fixed from period to period.

Thus, if Jeanne wants to purchase a life insurance policy with guaranteed premiums, the kind of policy she would purchase is b. Nonparticipating policy.

Learn more about non-participating insurance policies at brainly.com/question/15427526

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<h3>Question Completion with Answer Options:</h3>

a. Dividend policy

b. Nonparticipating policy

c. Mutual policy

d. Participating policy

e. Stock policy

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In considering whether to accept a special order at a price less than the normal selling price of the product, but the additiona

dem82 [27]

Answer:

Depreciation of the manufacturing plant.

Explanation:

Depreciation is a fixed cost. The depreciation cost of an asset is an annual expense. Usually, it is the same amount throughout the useful life of the asset.

In considering the particular order, the depreciation cost of the plant should not be a factor. Whether the order is accepted or not, the depreciation cost of the plant will still be the same.

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3 years ago

"Which of the following statements are TRUE regarding the rights agent? I The rights agent usually handles the mechanics of a ri

nataly862011 [7]

Answer:

I, II, and III

I The rights agent usually handles the mechanics of a rights offering

II The rights agent is usually the existing transfer agent of the issuer

III The rights agent issues the additional shares upon presentation of the rights certificates with payment

Explanation:

Aright is defined as an offering to existing shareholders to purchase more shares. Usually there is a proportion of original shares the shareholder can now purchase. For example 1 to 5 shares means the shareholder can buy one share for every 5 old shares owned.

A rights agent is a person or entity that is responsible for maintaining records on behalf of rights holders.

When rights are issued, a rights agent is handles sales to shareholders, he is usually the initial transfer agent for the issuing company, and he issues the additional shares when payment and rights certificates are presented.

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3 years ago

When completed units are sold: Finished Goods Inventory account is debited. Cost of Goods Sold account is credited. Finished Goo

ankoles [38]

Answer:

C. Finished Goods Inventory account is credited.

Explanation:

In a perpetual system of inventory; which can be defined as a method of financial accounting, that involves the updating informations about an inventory on a continuous basis (in real-time) as the sales or purchases are being made by the customers, through the use of enterprise management software applications and a digitized point-of-sale equipment.

Under a perpetual system of inventory, updates of the journal entry for cost of goods sold or received would include debiting accounts receivable and crediting sales immediately as it is being made and Finished Goods Inventory account is also credited. The advantage of the perpetual system of inventory over the periodic system of inventory is that, it ensures the inventory account balance is always accurate provided there are no spoilage, theft etc.

Hence, when completed units are sold, Finished Goods Inventory account is credited.

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3 years ago

Calculate the amount of depreciation to report during the year ended December 31 for equipment that was purchased at a cost of $

Nostrana [21]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Calculate the amount of depreciation to report during the year ended December 31 for equipment that was purchased for $43,000 on October 1. The equipment has an estimated residual value of $3,000 and an estimated useful life of five years or 20,000 hours.

Assume the equipment was used for 1,000 hours from October 1 to December 31.

A) Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (43,000 - 3,000)/5=8,000

Year 1 depreciation= 8,000/12*3= 2,000

B) Annual depreciation= 2*[(original cost - residual value)/estimated life (years)]

Year 1= 16,000/12*3= 4,000

C) Annual depreciation= [(original cost - salvage value)/useful life of production in units]*units produced

Annual depreciation= 40,000/20,000= 2

Year 1= 2*1000hs= 2,000

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4 years ago

An earthquake in Japan destroys an automobile factory. In response, the United States exports more automobiles at a time when th

bija089 [108]

Government could adopt the unorthodox fiscal and monetary policies in order to reduce the inflationary pressures on the U.S.

<h3>What changes could be made by adopting the unorthodox fiscal and monetary policies?</h3>

Fiscal policy could bring the change in the spending of the government and taxation as well.

Monetary policy also impact the supply of the money in an economy, in the condition of the increased employment.

These two policy could be adopted by the government, as it influence the employment and household income.

Learn more about the fiscal and monetary policy here:-

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2 years ago