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3 years ago

When a policyowner cash surrenders a Universal Life insurance policy in it's early years, this may be considered a red flag for

1 answer:

3 0

When a policy owner cash surrenders a Universal Life insurance policy in its early years, this may be considered a red flag for the government. The pre – death distribution of an insurance policy is taxable. Therefore, when an owner surrenders his life insurance in its early years, he is trying to avoid the possible taxes.

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Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to

gladu [14]

Answer:

OASDI maximum amount in any financial do change but for the year 2020, the OASDI limit is $137,700

if Carson is getting $2,700 each week

Carson will hit the OASDI limit in ($137,700/$2,700) weeks = 51 weeks.

Explanation:

6 0

4 years ago

Except media what else can provide job information

kifflom [539]

Answer:

see below

Explanation:

Other sources of job information are

1. Trade or professional associations

They are organizations formed by professionals in the same career path. Members frequently meet to share information regarding developments in their profession.

2. Family and friends working in different organizations

Close friends and relatives are an important source of information for vacancies existing in different workplaces.

3. Educational institutions

In some cases, employers share information on their available job opportunities with schools and colleges.

4. Career or employment agencies

Employment agencies have updated information on various labor requirements for different employers

6 0

3 years ago

Myers Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead cos

Tju [1.3M]

Answer:

$\left[\begin{array}{cccc}-&Actual&Variance&Flexible Budget\\Indirect labor&10,760&240F&11,000\\Indirect Materials&7,520&180F&7,700\\Utilities&3,950&450F&4,400\\Supervision&4,200&0&4,200\\dep&1,800&0&1,800\\Prop.taxes&600&0&600\\\end{array}\right]$

Explanation:

Idirect labor 1

Indirect materials 0.7

Utilities 0.4

fixed per month

supervision 4,200

Dep 1,800

property taxes 600

Units produced

We multiply the variable components rate by the units produced. Then we calcualte the variances

8 0

3 years ago

calculating present values you need $85,000 in 10 years. if you can earn .65 percent per month, how much will you have to deposi

scoray [572]

Answer:

The correct answer is $39,062.98.

Explanation:

According to the scenario, the given data are as follows:

Future value (FV) = $85,000

Time period (t) = 12 months × 10 years = 120 months

Interest rate (r) = 0.65% per month

So, we can calculate the present value by using following formula:

Present value = Future Value ( 1 / (1+r))^t

= 85000 × (1 / (1+0.65%))^120

= $39,062.98

Hence the present value that has to be deposit today is $39,062.98

3 0

4 years ago

A manufacturer of fishing equipment conducted a test of its products by giving them to eight fishermen who used them with the fo

vampirchik [111]

The conclusion that the manufacturer can draw about the power of this equipment to catch fish is that the fishing equipment have different degree of catching fish.

<h3>What is conclusion?</h3>

Note that there are a lot of fishing equipment that was given by the manufacturer such as Trusty rod with a Husky reel, Trusty rod, monofilament line, and others.

Note that they will not all function at the same level as they all have the extent to which they can catch fishes. Some may be faster than the others why some may attract fishes quickly.

Conclusively, The conclusion is that the fishing equipment have different degree or extent to catching fish.

Learn more about conclusion from

brainly.com/question/24542637

#SPJ1

7 0

2 years ago