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3 years ago

Which statement does not accurately describe a characteristic of cash value for whole life insurance?

1 answer:

3 0

If this question has the same list of choices as the ones posted before, the statement that does not accurately describe a characteristic of cash value for whole life insurance is:
"Policy that accumulates cash value is less expensive than a policy that does not accumulate cash value."

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You work in the economic-development department of your city. The mayor asks you to conduct an analysis of a plan to increase pa

a_sh-v [17]

Answer:

positive

Explanation:

Positive economics is that branch of economics which deals with the qualification, description and explanation of the economic phenomena. It mainly focuses on the fact based and objective that the statement are precise, clearly measurable and descriptive. It determines and analyzes the behavioral relationships of the cause and its effect on the economic theories.

In the context, the mayor of our city asks me conduct and make a plan to increase the parking fees to 2 dollar per hour. This project is a good example of the positive economics that will tell us whether this increase in the parking meter fee is a good idea or not.

3 0

3 years ago

Cost Behavior Prepare income statement in two formats Farnsworth Drycleaners has capacity to clean up to 7,500 garments per mont

Lemur [1.5K]

Answer:

(1)

Fees revenues 42,600

Total expenses 1.92 x 4260 = 8179.2

Net income 34,420.8

(2)

Fees revenues 42,600

Variable cost 2,982

Contribution Margin 39,618

Fixed Cost 14,400

Net Income 25,218

Explanation:

(1)

We multiply by the garment cleaned

10 x 4,260 = 42,600

0.7 x 4,260 = 2982

and distribute the fixed cost among the normal capacity

14,400 / 7,500 = 1.92 fixed cost per garment cleaned

.7 + 1.92 = 2.62 cost per garment

(2)

We do not include the fixed cost in the unit cost, we subtact them completely as an expense.

8 0

4 years ago

On January 1, Bramble Corp. has a beginning cash balance of $42000. During the year, the company expects cash disbursements of $

Natasha2012 [34]

Answer:

this question is confusing me

6 0

4 years ago

Bries Corporation is preparing its cash budget for January. The budgeted beginning cash balance is $18,700. Budgeted cash receip

tresset_1 [31]

Answer:

Cash borrow = $14,900.

Explanation:

Given,

The company budgeted ending cash balance is $30,700.

We know,

Budgeted ending cash balance = Budgeted beginning cash balance + Budgeted cash receipts - Budgeted cash disbursements + Budgeted cash borrow

Given,

Budgeted ending cash balance = $30,700.

Budgeted beginning cash balance = $18,700

Budgeted cash receipts = $186,500

Budgeted cash disbursements = $189,400

Budgeted cash borrow = ?

Putting the values into the formula, we can get

$30,700 = $18,700 + $186,500 - $189,400 + Cash borrow

Or, $30,700 - ($18,700 + $186,500 - $189,400) = Cash borrow

Or, $30,700 - $18,700 - $186,500 + $189,400 = Cash borrow

Or, $220,100 - $205,200 = Cash borrow

Or, $14,900 = Cash borrow

Or, Cash borrow = $14,900.

Therefore, cash borrow is $14,900.

3 0

3 years ago

A diversified company has a parenting advantage when it Multiple Choice results in supporting short-term economic shareholder va

bazaltina [42]

Answer: is more able than other companies to boost the combined performance of its individual businesses through its high-level guidance, general oversight, and other corporate-level contributions

Explanation: The parenting advantage is simply held by that company or organization who thrives more than it's competitors using strategic implementation and adding value to its individual operations in other to facilitate the performance of the company's businesses. Being able to outperform competitiors require high-level guidance and corporate strategy which involves the implementation of a well-defined blueprint designed through high level expertise capable aiding performance and value.

7 0

4 years ago