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brilliants [131]
2 years ago
6

jacob owns a policy that pays a death benefit only if he dies within the 20-year policy period. if jacob dies anytime that the p

olicy is in force, his beneficiary will receive $100,000. the premium that jacob pays for this policy will be the same throughout the 20-year policy period. jacob owns:
Business
1 answer:
galina1969 [7]2 years ago
5 0

Jacob owns a policy that pays a death benefit only if he dies within the 20-year policy period. if jacob dies anytime that the policy is in force, his beneficiary will receive $100,000. the premium that jacob pays for this policy will be the same throughout the 20-year policy period. jacob owns A level term policy.

A purposeful set of rules designed to direct behavior and produce logical results is called a policy. A policy is a declaration of intent that is carried out through a method or protocol. Typically, a governance board inside a company adopts policies. Both subjective and objective decision-making can benefit from policies.

A government or other institution's policy may be a legislation, rule, process, administrative decision, inducement, or voluntary practice. Resource allocations frequently reflect policy decisions. Policies in many different industries can affect health.

Learn more about policy here

brainly.com/question/1578160

#SPJ4

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Firestone Tires recently paid an annual dividend of $2.00 on its common stock. This dividend increases at an average rate of 3.8
Darina [25.2K]

Answer:

Market rate of return = 12.45%

Explanation:

Below is the calculation of market rate of return.

D = Just pad dividend x (1 + growth rate)

D = 2 x (1 + 0.038)

D = 2.076

Now use the below formula to find the market rate of return.

Market rate of return = (D/current selling price) + Growth rate

Market rate of return = (2.076 / 24) + 0.038

Market rate of return = 12.45%

4 0
3 years ago
How does Wikipedia work? What is different about this operation from other encyclopedias?
Eddi Din [679]
It is different because people actually have the option of correcting the information or putting false things too.
7 0
3 years ago
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The year-end 2018 balance sheet of Brandex Inc. listed common stock and other paid-in capital at $1,400,000 and retained earning
DaniilM [7]

Answer:

The firm paid $630000 dividends in 2019

Explanation:

Retained earnings is the amount of net income that is not distributed to stockholders and is ploughed back into the business. It is a capital reserve account and appears in the equity section of the Balance Sheet. To determine the amount of Dividends, we will trace the change in Retained earnings and deduct the increase in retained earnings amount from the Net Income to arrive at dividends for the year.

Increase in Retained earnings = 4000000 - 3700000  =  $300000

Thus, out of the Net Income of $930000 earned in 2019, $300000 was transferred to retained earnings. The remaining was paid as dividends.

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8 0
3 years ago
Wildhorse Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be d
9966 [12]

Answer:

depreciation expense 2021 = $6,200

depreciation expense 2022 = $6,700

Explanation:

depreciable value = $29,000 - $200 = $28,800

depreciation expense per mile driven = $28,800 / 144,000 = $0.20

number of miles driven during 2021 = 31,000

depreciation expense 2021 = 31,000 x $0.20 = $6,200

number of miles driven during 2020 = 33,500

depreciation expense 2022 = 33,500 x $0.20 = $6,700

8 0
3 years ago
If a taxpayer does not have enough taxes withdrawn from her paychecks throughout the year to equal the total tax she is required
polet [3.4K]

Answer:

$209

Explanation:

Since Mary's estimated annual income taxes are $5,424, then to determine the amount that should be withheld every two weeks, all we need to do is divide her total estimated taxes by 26 weeks = $5,424 / 26 weeks = $208.62 ≈ $209. generally you do not include cents in tax filings or payments, you need to round up or down. In this case you need to round up, even software rounds the amounts to the nearest dollar.  

6 0
3 years ago
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