1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
rjkz [21]
2 years ago
7

Henry must make set premium payments on his insurance policy until he dies, and if he cancels the policy he will receive the cas

h value. his plan is a ____ life policy.
Business
1 answer:
lubasha [3.4K]2 years ago
5 0
<span>Henry must make set premium payments on his insurance policy until he dies, and if he cancels the policy he will receive the cash value. His plan is a whole life policy.</span>
You might be interested in
On September 1, Home Store sells a mower (that costs $200) for $500 cash with a one-year warranty that covers parts. Warranty ex
Makovka662 [10]

Answer and Explanation:

The journal entries are shown below:

On Sep 1

Cash $500  

          To Sales revenue $500

(Being the sale is recorded))  

On Sep 1

Cost of goods sold $200

         To Finished goods inventory  $200

(Being the the cost of mower sales is recorded)  

On Sep 1

Warranty expense (8% × $500) $40

         To Warranty liability  $40

(Being the estimated warranty expense is recorded)  

On Jan 24

Warranty liability $35

           To Repair parts inventory  $35

(being the cost of warranty repairs is recorded)  

6 0
3 years ago
TCost-908 Car Mechanic Inc. uses a job-order costing system. The company applies all of its overhead costs to jobs using a prede
oee [108]

Solution :

1.  Predetermined overhead rate

Fixed \text{overhead cost}    (253,000 / 22,000)    =  $ 11.5

Variable \text{overhead cost} per direct labor-hour  = $ 1

Predetermined overhead rate                          = $12.5

2.  Total job cost                  $

   Direct materials               703

  Direct labor cost               317

 Applied overhead (8 hours x $12.5 per direct labor hour)   = 100

 Total job cost                    = $ 1120

3. Charges     = $ 1120 x 140%

                      = $1568

 

8 0
2 years ago
Journal Entry
Contact [7]

Answer:

Explanation:

unearned rent         6000 (debit)

    Rent revenue.                       6000 (credit)

to record 2 months of realized rent revenue

4 0
2 years ago
A friend says, “i want to minimize my risks of organ damage and long-lasting mental change,” and then asks, “what kind of drug s
SSSSS [86.1K]
I would say all all of them that doctor don't recommend.
3 0
3 years ago
A house in the neighborhood has been well maintained. The seller has made sure that all the electrical systems are working to co
Greeley [361]

Answer:

utility power

Explanation:

In simple words, the location of the house has been said to be in a prominent region, it gives the house a competitive advantage over other units, also the house has been maintained and restructured bu the seller so that it looks more good and healthy.

The subject unit has been restructured in a way that it satisfied all the needs of the buyer, thus, it brings a lot of utility power to the market in respect of its value.

6 0
3 years ago
Other questions:
  • Steve Burton recently sold the bookstore he inherited from his mother because his income had fallen three years in a row. The ne
    11·2 answers
  • Economic analysis assumes "rational or purposeful behavior," which means that people will pursue decisions or actions rev:
    9·1 answer
  • Prompt What are three ways to increase productivity?
    14·1 answer
  • In order to raise revenue in the city of Hamlet, the city considered assessing a local tax on food served in restaurants. When f
    6·1 answer
  • You can expect that an investment could gain or lose as much as 20% in a year. Your investment is $5,000. What is the lowest val
    11·1 answer
  • You are considering to buy a $250,000 property with a 80% LTV ratio and have two mortgage choices: a FRM or a FRM with an IO per
    5·1 answer
  • The Japan-based multinational Sony engaged in _________ when it partnered with Shanghai Oriental Pearl Group. Together, the two
    9·1 answer
  • 3. Consider the following price indexes: 2 pts
    8·1 answer
  • The contrast between those with and those without Internet access is known as the __________ divide.
    7·1 answer
  • What determines the foreign exchange rate?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!