Answer:
Family Maintenance Policy
Explanation:
A family maintenance policy refers to the policy in which it generates the income for a beneficiary for the particular period of time after considering the death of the insured person
After maturing the given period, the insurer provides the money to the beneficiary i.e. equal to the face value of the policy
Therefore according to the given situation, it represents the family maintenance policy
Answer:
B. $2,554.37
Explanation:
In this question we use the Future value formula which is shown below:
Future value = Present value × (1 + rate)^number of years
where,
Present value = $2,400
Rate = 0.625 ÷ 12 = 0.0052083333
Number of years = 1 month × 12 months = 12
So, the future value
= $2,400 × (1 + 0.0052083333
)^12
= $,2,400 × 1.0643218146
= $2,554.37
Answer:
1. Manufacturing
2. Service
3. Merchandising
4. Manufacturing
5. Hybrid type of business
Explanation:
I'm not sure about my answers but- they are based on logic if you look closely at each picture
¯\_(ツ)_/¯
I think the answer is: a shift from ADI to AD2 and a movement to point B with a higher price level and higher output.
D
Answer:
$47,000
Explanation:
Cedar Grove Industries CVP Income Statement for Month Ending May, 2017
Total Per Unit
Sales ($49×7,600) $372,400 49
Less Variable Cost
($28×7,300) $204,400 28
Contribution Margin $168,000 21
Less Fixed Cost$121,000
Net Income (loss)$47,000
