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2 years ago

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A licensed insurance producer that transacts business on behalf of an insurer must be?

1 answer:

Simora [160]2 years ago

8 0

A licensed insurance producer that transacts business on behalf of an Insurance Agent. Every state requires a business insurance license. To market life and health insurance, casualty or property insurance, an agent will need a separate license. A clean pre-licensing training and excellent state examinations are required for an agent to earn the license.

Outside of the financial services business, only a few industries provide the opportunity for relatively inexperienced people to earn large money in their first year of employment. And few occupations in the financial services business provide newbies with the ability to make as much as a life insurance agent does straight away.

To learn more about insurance, click here.

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Villalpando Winery wants to raise $35 million from the sale of preferred stock. If the winery wants to sell one million shares

statuscvo [17]

Answer:

(a) $4.2

(b) $5.6

(c) $2.8

(d) $2.45

(e) $2.1

(f) $1.05

Explanation:

Given that,

Total amount of capital raised from the sale of preferred stock = $35 million

Number of shares = 1 million

Price per share = Total capital raised ÷ Number of shares

= $35 million ÷ 1 million

= $35 per share

(a) If a Expected rate of return = 12 percent

Annual dividend = Price per share × Expected Rate of return

= $35 per share × 0.12

= $4.2

(b) If a Expected rate of return = 16 percent

Annual dividend = Price per share × Expected Rate of return

= $35 per share × 0.16

= $5.6

(c) If a Expected rate of return = 8 percent

Annual dividend = Price per share × Expected Rate of return

= $35 per share × 0.08

= $2.8

(d) If a Expected rate of return = 7 percent

Annual dividend = Price per share × Expected Rate of return

= $35 per share × 0.07

= $2.45

(e) If a Expected rate of return = 6 percent

Annual dividend = Price per share × Expected Rate of return

= $35 per share × 0.06

= $2.1

(f) If a Expected rate of return = 3 percent

Annual dividend = Price per share × Expected Rate of return

= $35 per share × 0.03

= $1.05

8 0

3 years ago

Had columbus's voyage acquired wealth for spain, he was supposed to keep what amount?

kotegsom [21]

He was supposed to keep 10%.
The 10% share was one of the columbus demand' when both columbus and the crown agreed to the terms for his voyage fundinsg.
But, since <span>he had been relieved of his duties as governor, the Crown no longer feel obligated to honour the term of the contract.</span>

5 0

3 years ago

Delivering health care goods and services requires several inputs, in economic terms. These inputs can be classified as either Q

Elina [12.6K]

Delivering healthcare goods and services requires several inputs in economic terms these inputs can be classified as either <u>labor</u><u> </u>or non-labor.

<h3>What are non-labor inputs?</h3>

Speaking from the perspective of the factors of production, on one hand, non-labor inputs refers to such inputs as:

Energy
Land
Capital
Information etc.

The amount of labor input is calculated as either the number of employees or the number of hours they put in during a specific time period, such a year.

The majority of nations gather information on the number of employees and are able to compute labor productivity as output per employee.

Learn more about labor inputs:
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6 0

2 years ago

1. A speculative attack on a currency occurs when:

Shalnov [3]

Answer:

B. Investors´ perceptions change, making a fixed exchange rate untenable.

Explanation:

A speculative attack happens when a lot of untrustworthy assets are sold by many investors and with that sale, they buy valuable assets.

In currency, it occurs when the national currency is sold massively and suddenly by national and foreign investors. These types of speculative attacks are seen especially on currencies that use a fixed exchange rate. They have the value of it tightened to a foreign currency.

I hope this answer helps you.

8 0

3 years ago

Company A uses an accelerated depreciation method while Company B uses the straight-line method. All other things being equal, d

babymother [125]

Answer:

d. A larger fixed assets turnover ratio and a larger gain on asset disposal

Explanation:

Accelerated depreciation is a method of depreciation whereby the book value of an asset is rapidly depreciated or reduced i.e at an accelerated rate.

This method usually minimizes taxable income in the initial years as a higher amount of depreciation is claimed.

Fixed assets turnover ratio refers to what percentage of net sales is attributable to an entity's fixed assets. It is expressed as:

$\frac{Net\ Sales}{Average\ Fixed\ Assets}$

Gain on sale of asset disposal = Sale value - Book Value

Book Value = Cost less accumulated depreciation till date

As can be seen, Average fixed assets balance would reduce thereby increasing fixed assets turnover ratio.

Similarly, due to higher depreciation charged, Book Value would be comparatively less, which would lead to larger gain on assets disposal in the initial years.

5 0

3 years ago