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Dmitrij [34]
3 years ago
6

When might term insurance be a better option than whole life insurance?

Business
2 answers:
Vedmedyk [2.9K]3 years ago
6 0
Maybe never because Term insurance isn't always there when you need it. Also you can only get term at certain points in your life. Whereas whole life is always available.  
jekas [21]3 years ago
4 0

Term insurance can be a better product if your time horizon is 10 years or less. Term insurance works best because it is a low cost and low commitment program. Also, term insurance is better than whole life insurance especially at younger ages.

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Look at the table price elasticity. what is the price elasticity of demand (using the midpoint formula) between $2.50 and $2.25?
hodyreva [135]
The difference is .25
8 0
3 years ago
At the beginning of the year, a firm had current assets of $121,306 and current liabilities of $124,509. At the end of the year,
Shtirlitz [24]

Answer:

change in net working capital = $21,903

Explanation:

given data

beginning current assets = $121,306

beginning current liabilities = $124,509

end of the year current assets = $122,418

end of the year current liabilities = $103,718

solution

we get here working capital at beginning that is express as

working capital = Current assets - current liabilities    ......................1

put here value we get

working capital = $121,306 - $124,509  

working capital = -$3203  

and now we get here working capital for end of year that is

working capital = Current assets - current liabilities    ......................2

working capital = $122,418 - $103,718

working capital =  $18,700

so now we can get change in net working capital that is difference between   beginning and ending working capital

change in net working capital = $18,700  - (-$3,203)

change in net working capital = $21,903

8 0
2 years ago
The managerial role that changes the most between middle and top managers is ________.
Harlamova29_29 [7]
It is controlling. It is characterized as a precise exertion by business administration to contrast execution with foreordained norms, plans, or targets keeping in mind the end goal to decide if execution is in accordance with these measures and apparently so as to make any therapeutic move required to see that human and other corporate assets are being utilized as a part of the best and effective path conceivable in accomplishing corporate destinations
6 0
3 years ago
Customers paying with credit consider the purchase a kind of
Anna35 [415]

Answer:

The answer is investment

Explanation:

4 0
2 years ago
Select the correct statement regarding the contribution margin ratio. Multiple Choice The contribution margin ratio equals contr
Art [367]

Answer:

The contribution margin ratio can be calculated using either total amounts or per unit amounts.

Explanation:

Contribution margin ratio = \frac{Contribution\:per\:unit}{Selling\:price\:per\:unit}

This can even be done by \frac{Total\:Contribution\:}{Total\:Sales}

This will calculate contribution as a percentage of Sales, with this margin ratio we get break even sales value, and not the units.

Whenever there is an increase in variable cost it decreases the contribution.

Therefore, correct statement is

The contribution margin ratio can be calculated using either total amounts or per unit amounts.

8 0
3 years ago
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