<span>This is a modified premium life insurance policy. In this case, the premium (the price paid for the insurance during each time period) is fixed for a specific frame (at rates that are usually lower than average), but then (usually) increases after a certain number of months or years to a rate greater than the average.</span>
Answer:
$2,435
Explanation:
Data provided in the question:
Number of shares sold = 100
Price of Lowe's stock = $24.50 per share
Dividend paid = $3.20
Price of buying stock = $20.00 per share
Commission paid = 15 cents per share = $0.15 per share
Now,
Total cost of selling the shares = $24.50 × 100
= $2,450
Total commission = $0.15 × 100
= $15
Therefore,
Proceeds from the short sale = $2,450 - $15
= $2,435
Answer:
hazard risk.
Explanation:
When someone buys risk insurance, they aim to protect themselves against disaster risk. The insurance protects against risks of natural disasters, landslides, fires, and others that are provided for in policies. Through insurance, the individual will receive a financial amount to cover any damage provided for in the contract.
Answer:
Darla's amount realized on the sale is $800
Adjusted basis in the assets sold is $300
Producing a realized gain on the sale of $500
Explanation:
Amount realized = cash received + FMV of other property + buyer’s assumption of seller’s liabilities – seller’s expenses
Amount realized = 600 + 200 + 0 -0
= $800
Adjusted basis = initial basis – cost recovery deductions
Adjusted basis = 2500-2200 = $300
Gain or loss realized = amount realized – adjusted basis = 800-300
= $500
Therefore Darla's amount realized on the sale is $800 and the adjusted basis in the assets sold is $300, producing a realized gain on the sale of $500
This involves bookkeeper obligation, carelessness – or neglecting to distinguish material oversights, and the treatment of bookkeepers acting in compliance with common decency and following the sound accounting standards. The essential inquiry is regardless of whether Shuebke can be held subject expecting she had acted in compliance with common decency and adjusted to the sound accounting standards. To start, sound accounting standards can be characterized as the traditions, guidelines, and methodology used to depict what the worthy bookkeeping standards are at a particular time. They likewise diagram the level of aptitude expected of bookkeepers and the level of care that they should practice in playing out their administrations.