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2 years ago

Which annuity payout option allows the policyowner to choose a pre-determined number of benefit payments?

1 answer:

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The annuity payout option that allows the policyowner to choose a pre-determined number of benefit payments is known as an Annuity Certain. Which is a financial instrument that provides a stream of payments, for a predetermined number of years. If the annuitant dies before the payment term ends, an annuity certain will continue a stream of payments remitted to the annuitant's beneficiary or estate.

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Cox Co. accounts for its inventory using the LIFO cost method. An inventory loss from a permanent market decline of $360,000 occ

kirill115 [55]

Answer:

$360,000

Explanation:

Last in first out (LIFO) is a method used in inventory where the cost of most recently purchased goods is the one to be expensed first. Also current losses are the first to be reported.

An inventory loss incurred in a quarter must not be deferred, but recorded as items within an interim must be reported in the same period they were incurred, unless it can be redeemed before the end of the fiscal year. It is not considered a temporary item.

The loss reported in May will be reported for that quarter in June.

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2 years ago

What will affect the amount of net pay you earn on your paycheck

photoshop1234 [79]

How much taxes they take off

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2 years ago

Problem 9-52 Part-b (Static) b. $800 of interest on a short-term loan incurred in September and repaid in November. Half of the

bazaltina [42]

Answer:

After-tax cost $652

Explanation:

$652 = $800 [1 − (0.5 × 0.370)]. Half of the interest is not deductible because it was used to purchase tax-exempt securities.

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2 years ago

Foley Foods is a mid-size food processing facility that has had a significant increase in business lately. The firm needs to hir

pishuonlain [190]

Answer:

As a government contractor, Foley Food must have an employee assistance program.

Explanation:

For Foley foods to increase its productivity need, the firm will have to hire new workers to assist other workers for the night shift, as to improve its productivity needs.

With not having more workers to assist in the night, their employees are faced with a potential stress and burnout which are synonymous to employee exhaustion and disillusionment. And since the firms had been able to recognize their limitations, its advisable to hire more workers.

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2 years ago

A company operating under an EOQ policy enjoys rising annual demand for their products for three consecutive years. During this

Oduvanchick [21]

Answer:

Their order quantity will rise but the time between orders will fall.

Explanation:

Let's analyse the EOQ formula:

$Q_{opt} = \sqrt{\frac{2DS}{H}}$

If Demand increases

The dividend increase, so the quotient increase.

EOQ will rise.

Only options b and c are correct on that statment.

Now let's check the time between order:

$\frac{EOQ}{Demand} \times 365$

If we analyze the increase in demand:

√(2xΔDxS/H)/ ΔD

everything else is keep constant so we have:

√(CxΔD)/ ΔDx

If we use L'Hopital we can conclude this function limit is zero.

Anyway a more easy way to do it will be calculate with a demand of 1000

and then with a demand of 50,000 to notice how much the time between order decrease.

√(1000) / 1000 = 0.031622776

√(51000)/ 51000 = 0.004428074

so we have EOQ increase and days between order decrease.

Now only option B is correct !

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2 years ago