Answer:
Appropriate language, a cosmetologist can demonstrate this by always speaking in a tone and at a volume that is appropriate for the setting, and never using foul language no matter what.
Answer:
If C were disabled, his beneficiaries would receive $70,000, less any outstanding interest charges
Explanation:
Policy loans can generally amount up to 100% of the cash surrender value of the policy, in this case C only requested $10,000 (1/3 of the cash value). This type of loan is fully collateralized by the cash value of the policy and the borrower can even miss some payments or pay on a later date because interests keep adding.
This type of loan can carry a fixed or variable interest rate, depends on the insurer.
If C surrenders his policy, he will receive the total cash surrender value minus the loan amount = $30,000 - $10,000 = $20,000
If C dies, his beneficiaries would receive the full benefits minus the loan amount = $100,000 - $10,000 = $90,000
Answer:
False.
Explanation:
Wholesalers are used to sell consumer products.. but not business products.
Answer:
INCOME STATEMENT
Net sales $710
Cost of goods sold ($585)
Selling, gen & admin expenses ($39
)
Depreciation <u> ($13) </u>
EBIT $73
Interest expense <u> ($26
)</u>
Taxable income $47
Taxes <u> ($16
) </u>
Net income <u> $31 </u>
Balance Sheet
Property, plant, and equipment $525
Less accumulated depreciation <u>($121)</u>
Net fixed assets $404
Inventories $51
Cash $16
Receivables <u>$40
</u>
Total current assets <u>$107 </u>
Total Assets <u>$511</u>
Shareholders’ equity $94
Long-term debt $355
Payable $36
Debt due for repayment <u>$26
</u>
Total current liabilities <u>$62</u>
Total liabilities <u> $417 </u>
Total liabilities & shareholders’ equity <u>$511</u>
Explanation:
Sales and Expenses balances are included in Income statement. Assets, Equity and Liabilities balances are included in the balance sheet.
Answer:
D) = $3,927
Explanation:
<em>The cost of a product is the addition of direct material cost + direct labour cost + manufacturing overheads</em>
<em>Overhead absorption rate</em><em> = </em><em>Budgeted Overheads/ Budgeted machine hours</em>
= $45,000/100,000 hours
= $0.45
<em>Product cost</em><em> </em>= 2,000 + 400 + (0.45× 900)
= $2,805
<em>Bid price</em> = Product + ( mark up)
= 2,805 + (40% × 2,805)
= $3,927
<em>Bid price</em> = $3,927