An incomplete life insurance application submitted to an insurer will result in which of these actions

An investment project provides cash inflows of $1,350 per year for eight years. a. What is the project payback period if the ini

sleet_krkn [62]

Answer:

It will take 3 years and 55 days to cover the initial investment.

Explanation:

Giving the following information:

Cash flows= $1,350

Initial investment= $4,250

The payback period is the time required to cover the initial investment:

Year 1= 1,350 - 4,250= -2,900

Year 2= 1,350 - 2,900= -1,550

Year 3= 1,350 - 1,550= -200

Year 4= 1,350 - 200= 1,150

To be more accurate:

(200 / 1,350)= 0.15*365= 55 days

It will take 3 years and 55 days to cover the initial investment.

6 0

3 years ago

Rick Alexander is a master builder who spent three decades running a successful home-restoration business in Connecticut. When h

enyata [817]

Answer:

a. Employed

(As he have a job)

b. Unemployed

(As he doesn't have a job but is looking for one)

c. not in labor force

(He neither have a job nor is looking for a job, so he is not a part of labor force)

d. Unemployed

(As he is looking fir a job)

e. Employed

(As he is working)

7 0

4 years ago

Students arrive at the Adminsitrative Office at an average of one every 24 minures, and their requests take on average 12 minute

larisa [96]

Solution and Explanation:

arrival time = 24 per minute, processing time = 12 minutes, number of servers = 1 ( work for 8 hours a days)

a. arrival rate = 60 divide 24 = 2.5 customer per hour, service rate = 60 divide 12 = 5 customers per hour

therefore, the probability that the operator will be busy = 2.5 divide 5 = 0.5

thus, the percentage of idle time = 1 minus 2.5 divide 5 = 0.50

Thus, the percenatge idle time is 50%

b. the average spent by a student waiting in a line = $2.5 / 5(5-2.5)$

= 0.20 hours.

Thus, on an average a student spent 0.20 hours waiting in line.

c. the average number in waiting line = 0.5 customers

d. the probability for the given condition to happen is 0.25, 25%

4 0

3 years ago

Raising taxes and increasing welfare payments a. proves that there is such a thing as a free lunch. b. reduces market power. c.

Citrus2011 [14]

Answer: Option(d) is correct

Explanation:

According to the question, increasing taxes along with increasing amount given to poor ,ill or other severe-conditioned people by government can impact the people by increment in equality state at the cost of efficiency. Efficiency of society will be at hold while equality through providing payment ,service and health care is raised in this situation.

Other options are incorrect because free lunch, reduction in power of market and increment in efficient at cost of equality will not take place if taxes are raised with pay of welfare.Thus, the correct option is option(d).

8 0

3 years ago

Read 2 more answers

Decision-making problems that could occur when using absorption costing include inappropriate ______ decisions, and decisions ma

Arte-miy333 [17]

Decision-making problems that could occur when using absorption costing include inappropriate __pricing____ decisions, and decisions made to ___drop___ products that are, in fact, profitable.

<h3>What is absorption costing?</h3>

Absorption costing is the costing method that includes both direct and indirect costs in the costs of a product.

It is the opposite of variable or marginal costing, which takes into account only the direct costs in determining the product cost.

Thus, the decision-making problems with absorption costing include pricing decisions and decisions involving whether to drop profitable products.

Learn more about absorption costing at brainly.com/question/26276034

4 0

2 years ago