The "death benefit" associated with a variable annuity contract means that if the contract holder dies:__________.

Business

1 answer:

lesya692 [45]3 years ago

8 0

Answer:

<u>B. after annuitization, the amount invested in the contract is returned to a beneficiary</u>

Explanation:

<u>Annuitization: </u>In business, the term "annuitization" is described as a phenomenon which is responsible for converting an "annuity investment" into a stream or flow of regular payments. However, with an "annuity" any financial product that is responsible for making out regular payouts after a given time of an individual, his or her investment can pay off quickly.

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Which organization compiles data on individuals and businesses to report on their credit?

Tanya [424]

Answer:

Option A

Explanation:

There are primarily three credit bureaus to which the Lenders go namely -

a) TransUnion

b) Equifax

c) Experian

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Hence, option A is correct

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2 years ago

All of the following items should be considered when setting an export price except A. The tariff rate and value-added tax. B. T

velikii [3]

Answer: C.

Explanation:

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2 years ago

Adidas Corporation bases its selling and administrative expense budget on budgeted unit sales. The sales budget shows 3,600 unit

meriva

Answer:

The cash disbursements for selling and administrative expenses should be $45,520

Explanation:

The selling and administrative (S&A) expenses have two parts: a variable one and a fixed one.

The variable part depends on how many units have been sold. So, if the variable S&A expense per unit is $4.1, and 3,600 units are planned to be sold, the total variable S&A expense should be $3,600 * 4.1 = 14,760$
The fixed part does not depend on the units sold. It remains the same no matter how many units have been sold. Yet, it includes depreciation of $5,100. The depreciation does not represent an exit of money. It isn't part of the cash flow. So, the total fixed S&A expenses should be $35,860 - 5,100 = 30,760$
Finally, the total S&A expenses should be $14,760 + 30,760 = 45,520$