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2 years ago

ASAP Please help and thank you!

Business

1 answer:

valina [46]2 years ago

5 0

Charles' human life value will be $249,200.

<h3>What is the process of calculating life value?</h3>

The process of calculation of life value in an insurance is that first of all determine the current income and than subtract the expense, premiums of insurance, and payment of income tax. The third step is recall the number of years of earning which are remaining before the age of retirement .The life value is an economic value which is used to judge the benefit for the reason of avoiding the rate of fatality.

The third step is recall the number of years of earning which are remaining before the age of retirement and than find the discounting factor rate including inflation.The life value is an economic value which is used to judge the benefit for the reason of avoiding the rate of fatality.

Therefore, Charles' human life value will be $249,200.

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Answer:

b. In the short-run profits will be lower than normal.

Explanation:

a. An increase in demand means that customer desire for that good has increase. Thus, it is fair to infer that consumers have shown that they now consider the good to be more valuable.

b. It is actually quite the opposite, in the short-run, companies will be able to raise their prices and profits will be higher than normal.

c. The opportunity related to the increase in demand could be enough to attract resources from other industries into the market.

d. Since this is a perfectly competitive market, it tends to reach equilibrium and the market supply curve will shift right.

The false statement is alternative b.

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3 years ago

On March 1, Atlantic Co. issues 47,500 shares of $4 par value common stock for $312,500 cash. On April 1, OP Co. issues no-par v

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Common stock is a security that represents ownership in a corporation.

<h3>The Journal entries are as follows:</h3>

(i) On March 1,

Cash A/c Dr. $297,500

To common stock (42,500 × $4) $170,000

To paid in capital in excess of par value $127,500

(To record the issuance of common stock)

(ii) On April 1,

Cash A/c Dr. $70,000

To common stock $70,000

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(iii) On April 6,

Inventory A/c Dr. $45,000

Machinery A/c Dr. $145,000

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2 years ago

Angelina recently left her job at a large corporation to start her own business. She knows that her decision comes with risk, bu

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Answer: An entrepreneur

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Angelina is a typical example of an entrepreneur taking the risk of leaving her paid job to open a business from scratch, bearing all the risks involved in setting up a business.

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4 years ago

Fugazi City College sold season tickets for the 2015 football season for $240,000. A total of 8 games will be played during Sept

tamaranim1 [39]

Answer:

d. will include a debit to Unearned Ticket Revenue and a credit to Ticket Revenue for $90,000.

Explanation:

For tickets sold in advance, revenue is not recognized on those tickets until the matches have been played. As such, when payment was received for the tickets, the required entries were Debit Cash account and credit Deferred or unearned revenue.

When the matches are played, revenue is proportionately earned and recorded by crediting revenue and debiting deferred or unearned revenue.

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