<span>In dermining how much life insurance coverage
is needed for an individual , you have to consider first, to determine annual
income needs of your family if you were to die today. Because you have to
consider any lifestyle changes that might happen after te death and include
current expenses such as mortgage, rent, groceries, clothing, utility bills,
entainment, travel, transportation and child care. Next, you have to subtract
available income from annual income needs. Then, determine the principal needed
to generate income to be replaced (annual income to be replaced) devided by
(rate of return) = amount of principal needed. Next, Add one-time expenses of
your survivors will have to pay including funeral expenses. Lastly you have to subtract
one-time gains such as the total amount of money or profit that is made from
other life insurance policies, assets from selling a business or other payouts.</span>
Answer:
iii
Explanation:
Most of the time hotels will charge more when more rooms are booked, so when you book your hotel room, and many rooms are booked, most people do get charged more.
Complete Question:
Cesar was being recruited by a competitor due to his success at his current company in getting several new patents. This is an example of ________ capital.
Group of answer choices
A) social
B) customer
C) human
D) intellectual
E) financial
Answer:
D) intellectual
Explanation:
In this scenario, Cesar was being recruited by a competitor due to his success at his current company in getting several new patents. Therefore, this is an example of intellectual capital because he was recruited based on his intangible assets which made him excel or succeed.
An intellectual capital can be defined as the value or intangible assets such as skills, copyright, trademarks, experience, patents, knowledge provided by the employees working in an organization and thus, giving the organization a competitive advantage over their rivals in the same industry, as well as earn more profits, increase their customer base and creation of quality products.
Answer and Explanation:
The computation is shown below;
The net profit margin is
= Net income ÷ sales revenue
= $184,000 ÷ $574,000
= 32%
The asset turnover is
= Sales revenue ÷ average of assets
= $574,000 ÷ ($2,142,000 + $1,998,000) ÷ 2
= $574,000 ÷ $2,070,000
= 0.28 times
c. The return on assets is
= Net income ÷ average of assets
= $184,000 ÷ $2,070,000
= 0.089
= 8.89%
Revenue in a business transaction is recognized <u>When </u><u>goods </u><u>or </u><u>services </u><u>are </u><u>provided </u><u>to </u><u>customers </u><u>and at the </u><u>amount expected </u><u>to be </u><u>received </u><u>from the customer. </u>
<u />
<h3>What is revenue?</h3>
- Refers to the amount paid to a company for the provision of goods and services.
- Can only be recognized when that good or service has been provided to the customer.
Until a good or service is provided to the customer who bought it, revenue should not be recognized because it has not been earned by a company.
In conclusion, option C is correct.
Find out more on revenue recognition at brainly.com/question/1380073.
