Answer: The correct answer is "B. lower".
Explanation: The insurance premium is one of the central elements of the contract since it is the price that the insured pays for the coverage he receives. Its value will depend on the type of risk insured and is always fixed in advance by the insurance company. It must be sufficient for the insurer to face the insured risk, calculating that not all the insured will need the coverage, that is, statistically, there is a probability that it will happen or not.
The premium is lower in a survivorship life policy as compared to the premium in a joint life policy.
Answer:
0.47
Explanation:
Debt service coverage ratio = Net Operating Income ÷ Total Debt Service
where,
Net Operating Income = Revenue - Certain Operating Expenses
Total Debt Service = Current Debt Obligations
therefore,
debt service coverage ratio = $32,000 ÷ $68,000 = 0.47
Answer:
<u>Financial Resources: Funding </u>
The most important element in starting a business is funding
<u>Human Resources: Employees</u>
The success of an organization is heavily reliant on the talent and strength of its employees
<u>Educational Resources: I</u>ndustry Know How
Perhaps the greatest thing an entrepreneur can do when establishing a new business is to gain as much education possible
<u>Physical Resources:</u> Premises and Equipment
Whether a small home business or a retail operation with multiple locations, every organization must have the appropriate physical resources to survive
<u>Emotional Resources: S</u>upport Systems
Starting a business can be an extremely stressful endeavor for an entrepreneur to undertake.
Answer:
There are two distinct performance obligations: the voice service and the data service
Explanation:
Answer:
$70,000 loss
Explanation:
the carrying value at December 31, Year 1 = 5,000 shares x $60 per share = $300,000
the fair market value at December 31, Year 1 = 5,000 shares x $46 per share = $230,000
realized loss/gain = fair market value - carrying value = $230,000 - $300,000 = -$70,000 or $70,000 loss
