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4 years ago

Annuity payout option allows the policyowner to choose a pre-determined number of benefit payments?

1 answer:

3 0

The annuity payout option which allows the policyowner to choose a pre-determined number of benefit payments is known as an "Ă„nnuity Certain". A certain annuity is generally less expensive and provides a better return than a whole life annuity as there is some risk that the policy holder will outlive the payment stream, known as longevity risk.

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Tara Inc. is considering using stocks of an old raw material in a special project. The special project would require all 360 kil

frez [133]

Answer:

Relevant costs:

Selling price= 6.50

Delivery= $125

Explanation:

Giving the following information:

The special project would require all 360 kilograms of the raw material that are in stock and that originally cost the company $2,520 in total.

If the company were to buy new supplies of this raw material on the open market, it would cost $7.25 per kilogram. However, the company has no other use for this raw material and would sell it at the discounted price of $6.50 per kilogram if it were not used in the special project. The sale of the raw material would involve delivery to the purchaser at a total cost of $125 for all 360 kilograms.

The relevant costs are those that affect the decision moving forward. Costs that occurred in the past musn't be taken into account.

Relevant costs:

Selling price= 6.50

Delivery= $125

6 0

3 years ago

Wilson, Bart, and Susan Fields decide to set up a corporation together called Fields, Inc. They follow the correct procedures fo

LUCKY_DIMON [66]

Answer:c. pierce the corporate veil due to the failure to hold required corporation meetings.

Explanation:Corporation is a form of business operation that declares the business as a separate, legal entity guided by a group of officers known as the board of directors. A corporate structure is perhaps the most advantageous way to start a business because the corporation exists as a separate entity.

8 0

3 years ago

From the list below, select the items that are classified as a materials activity. (You may select more than one answer. Single

Sonbull [250]

Answer and Explanation:

The classification is as follows:

Under Materials activity

Opening balance of Raw materials inventory

Purchase of the Raw materials purchases

Under Production activity:

OPening balance of Work-in process inventory

Raw material used

Direct labor used

Factory overhead used

Under Sales activity:

Goods manufactured

In this way it should be categorized

Hence, the same should be relevant

4 0

3 years ago

The firm receives an average of $20,000 in checks per day. The weighted average delay in clearing the checks received is 3 days.

katrin [286]

Answer:

$26000

Explanation:

from the question;

check per day; 20000

delay: 3 days

checks to pay suppliers; 17000

clearing time 2 days

we first calculate collection flaot:

collection flaot = average amount of check x outstanding days

= 20000 x 3

= 60000

now we have to calculate disbursements float:

average amount of check x days to clear

= 17000 x 2

= 34000

with these two values we can get the net float

= collection flaot - disbursements float

= 60000 - 34000

= $26000

5 0

4 years ago

Samuel, a longtime employee of the ABCD Corporation, was injured when he fell off a ladder while stocking widgets at ABDC at the

ozzi

Answer:

Option B. He will win

Explanation:

If Samuel is desiring to sue his employer in a circuit court because he thinks that the employer was negligent then he will have to sue under negligence Act, which says that the employer is obliged to take all necessary precautions and if found negligent then the court may apply contributory negligent theory as well as comparative negligent theory. These two negligent theories means that the employer was partly responsible for injury, which means that this would result in compensation to Samuel.

Hence it is more likely that Samuel will win the case.

7 0

3 years ago