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Nadya [2.5K]
3 years ago
12

A customer buys a variable annuity and elects a payout option of Life Income with a 20 year period certain. This means that paym

ents will continue for:
Business
1 answer:
Finger [1]3 years ago
5 0

Answer:

the annuitant's life, but if he dies before 20 years elapse, payments continue to his heir(s)

Explanation:

An annuity life payment is a financial option that continues until the annuitant dies. a lump sum payment is made by this annuitant which he uses in securing a payout option of Life Income with a 20 year period certain . This annuity would continues for as long as the customer or annuitant is alive, but if he dies before that certain period, Someone else, that is a beneficiary or heir would be entitled to the payment until that period of 20 years elapses.

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Which of the following is most likely to be considered revenue, according to the Financial Accounting Standards Board’s definiti
sesenic [268]

Answer:

A web streaming company fulfills a 12-month service term paid by customers in advance.

Explanation:

Revenue is recognized from services rendered or goods delivered. It is recognized only when the risk and reward is transferred, further it relates to the normal business of company.

As in the first sentence the company makes scientific devices and it sales an agricultural land, that is sale of fixed asset.

In second case the pharmaceutical company receives donation which is anonymous.

All the things are not revenue for company.

It is only the web streaming company which shall recognize revenue as the services are rendered and revenue shall be recognized related to normal business of company.

8 0
3 years ago
everyday, pepsi products are delivered to grocery stores, gas stations, vending machines, and restaurants in the united states a
Elis [28]

Every day, Pepsi products are delivered to grocery stores, gas stations, vending machines, and restaurants in the united states and locations around the world. to accomplish this task, pepsi must have an expedient to get its products from its source to the consumer in the supply chain.

<h3>What is Pepsi?</h3>
  • PepsiCo produces the carbonated soft drink known as Pepsi.
  • Caleb Bradham first invented and introduced Brad's Drink in 1893. In 1898, it was renamed Pepsi-Cola, and in 1961, the name was abbreviated to Pepsi.
  • Caleb Bradham created Pepsi at his drugstore in New Bern, North Carolina, where it was first sold in 1893 under the name "Brad's Drink".
<h3>What stands for Pepsi?</h3>
  • In 1893, Caleb Bradham created the first Pepsi beverage at his drugstore in New Bern, North Carolina, and sold it under the name "Brad's Drink."
  • In 1898, the drink's name was changed to Pepsi Cola in honor of the recipe's inclusion of kola nuts and the digestive enzyme pepsin.

Learn more about Pepsi here:

brainly.com/question/13373374

#SPJ4

7 0
1 year ago
Back2Work is considering replacing the receptionist who answers the phone with an automated answering system. Back2Work should _
aleksandr82 [10.1K]

Answer:

involve the current receptionist in the decision process.

Explanation:

When changes are to be made that will affect an employee, the best way to reduce resistance to the change is to involve the employee in the decision-making process.

By involving the employee they will get to see the benefits of the new initiative and this will also convince them that it is for the good of the business and not a ploy to replace them.

Employees have a higher buying and will drive implementation more when they were part of the process for change.

8 0
3 years ago
Read 2 more answers
When might be the best time to start saving for retirement?
Delvig [45]
It would be d bc it not everyone does all of the things they are saying
7 0
3 years ago
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Money used to finance business activities is known as
nadya68 [22]
In the cash flow statement financing activities refer to the flow of cash between a business and its owners and creditors.
4 0
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