Answer:
It is an advance of the face amount of the policy
Explanation:
The life insurance policy with an added long-term care rider is a policy that suits people who prefers lifetime care benefits. This policy provides an amount (benefit) of the death benefit to pay for some long-term care expenses covered in the policy at any point in time the policyholder requires care. It is important to note that this benefit is simply an advance of the policy's face amount.
According to the given scenario, Miranda has discovered that her new business will definitely be successful. Thus, option first is correct.
<h3>What is Business?</h3>
A business is an organization or enterprising body that engages in commercial, industrial, or professional activities. Businesses can be nonprofit organizations or for-profit enterprises.
Among the various business structures are partnerships, corporations, limited liability companies, and sole proprietorship.
According to the above situation, Miranda has learned that the future of her new company is bright as he has taken certain important steps in order to grow her business.
Therefore, it can be concluded that first is correct.
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Answer:
12 bananas or 8 apples are needed to purchased
Explanation:
The computation of the number of bananas or the apples is shown below:
Since the income is $24
And, the price of an apple and the price of banana is $3 and $2 respectively
So, the number of bananas is
= $24 ÷ $2
= 12 bananas
And, the number of apples is
= $24 ÷ 3
= 8 apples
Therefore 12 bananas or 8 apples are need to purchased
Answer:
A. positive cash flow of $ 20 comma 900 from investing activities
Explanation:
book value - sales price = loss on sale
30,900 - sales price = 10,000
30,900 - 10,000 = sales price
sales price = 20,900
Assumming the purchase was on cash, it will be disclosure as cash generated from investing activities for 20,900
The reason is that cashflow do not focus on the gain or loss from the sale. It focus on the cash movements and this sale involve a cashinflow of 20,900
Answer:
a) A discount retailer
Explanation:
The formula to determine the cash conversion cycle is shown below:
Cash Conversion Cycle = days inventory outstanding + days sales outstanding - days payables outstanding.
So as per the given situation, the first option i.e. discount retailer should have the negative cash conversion cycle as in other options it created the positive impact
So the option a is correct