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Gre4nikov [31]
3 years ago
7

Which life insurance policy provision prohibits a beneficiary from "commuting, encumbering, withdrawing, or assigning" any porti

on of the proceeds prior to actual receipt from the company?
Business
1 answer:
kogti [31]3 years ago
7 0
The specific kind of insurance policy based on the description provided by the question would be the Spendthrift clause. By definition, a spendthrift provision is a term that is used mainly to describe a provision wherein the inheritance of the benefactor is protected from being given away to another individual.
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Dennisport Corporation has an acid-test ratio of 1.7. It has current liabilities of $56,000 and noncurrent assets of $87,000. Th
ra1l [238]

Answer: $33600

Explanation:

Current liabilities = $56,000

Noncurrent assets = $87,000

First and foremost, we should note that:

Acid-test ratio = Current Assets / Current liabilities

Therefore,

1.7 = Current Assets / $56,000

Current assets = $56000 × 1.7

= $95,200

Also,

Current ratio = Current Assets / Current liabilities

Therefore,

2.3 = Current Assets / $56,000

Current assets = $56,000 × 2.3

= $128,800

Then, the inventory and prepaid expenses will be:

= $128,800 - $95,200

= $33,600

3 0
3 years ago
Bubba is a shrimp fisherman who used $2,000 from his personal savings account to buy a boat and equipment for his shrimp busines
oee [108]
2040 I think because 2 percent of 2000 is 40 so you add 2000+40 and you get 2040
7 0
3 years ago
ason owns a small landscaping business called GreenScapes. When buying a new pickup truck for his landscaping business, Jason ne
Tomtit [17]

Answer: reciprocity

                       

Explanation: In simple words, reciprocity refers to the agreement in which two parties exchange goods or services in such a way that both of them will gain benefit from such agreement.

In business it can achieved in many ways, for example by combining the efforts and resources or by providing each other some service in exchange for service from the other side.

In the given case, Jason made a deal with dodge to provide service to him in exchange for service by him. Hence we can conclude that the given case depicts reciprocity.

4 0
3 years ago
O.J. Juice Company sells bags of oranges and cartons of orange juice. O.J. grades oranges on a scale of 1 (poor) to 10 (excellen
siniylev [52]

Answer:

max z = 0.3x_{1} + 0.45x_{2} + 0.3y_{1} + 0.45y_{2}

Constraints

x_{1} +  x_{2} \leq  100,000 (Grade 9 oranges)

y_{1} +  y_{2} \leq  120,000 (Grade 6 oranges)

2x_{1} - y_{1} \geq   0 (Avg oranges in bags)

x_{2}  - 2y_{2} \geq 0 (Avg oranges in juice)

x_{1}\geq  0, x_{2} \geq  0, y_{1}\geq 0, y_{2} \geq 0

Explanation:

Let the variables used be x and y

x representing oranges of grade 9

y representing oranges of grade 6

Now, let x_{1} be the oranges used in each bag in lbs, and x_{2} be oranges used in juice of grade 9 each.

Similarly let y_{1} will represent oranges of grade 6 in bags, and y_{2} will represent oranges in juice of grade 6

Now total oranges sold in bags

= x_{1} + y_{1}

And their revenue in $ = 0.5 revenue - 0.2 expense = 0.3

Total profit from bag shall be

0.3 (x_{1} + y_{1}) = 0.3 x_{1} + 0.3y_{1}

Similarly total oranges in juice shall be

= x_{2} + y_{2}

Profit shall be

$1.50 - $1.05 = $0.45

Total profit from juice shall be

$0.45 (x_{1} + y_{1}) = 0.45 x_{2} + 0.45 y_{2}

Profit shall maximise as

z = 0.3x_{1} + 0.45x_{2} + 0.3y_{1} + 0.45y_{2}

Further constraint 1 shall be

Total amount of  grade 9  oranges used shall be max 100,000 lb

x_{1} +  x_{2} \leq  100,000

Constraint 2

Total amount of  grade 6  oranges used shall be max 120,000 lb

y_{1} +  y_{2} \leq  120,000

Constraint 3

Average quality of oranges sold in bag shall be 7

\frac{9x_{1} + 6y_{1}  }{x_{1} + y_{1}  } \geq 7

Accordingly,

9x_{1} + 6y_{1} \geq   7x_{1} + 7y_{1}

Simplifying:

2x_{1} - y_{1} \geq   0

Constraint 4

Average quality of oranges sold as juice shall be 8

\frac{9x_{2} + 6y_{2}  }{x_{2} + y_{2}  } \geq  8

Accordingly,

9x_{2} + 6y_{2} \geq   8x_{2} + 8y_{2}

Simplifying:

x_{2}  - 2y_{2} \geq 0

Constraints shall be

x_{1}\geq  0\\x_{2} \geq  0\\y_{1}\geq  0\\y_{2} \geq 0

5 0
3 years ago
"gearup has established its new chain of gyms named gearon, that offer nutrition counseling as well as personal training, classe
Mazyrski [523]

If the gym is not performing as expected it could be because of the high competition occurring. The gym equipment and training may not be up-to standard. Maybe the service their offering is poorer compared to another gym.

3 0
3 years ago
Read 2 more answers
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