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
Veseljchak [2.6K]
3 years ago
7

You and your spouse each earn $50,000 and have no kids. You and your spouse have the following debts: Mortgage = $190,000; Auto

loan = $10,000; Credit card balance = $2,000, and other debts of $4,000. Further, you estimate that your funeral will cost $6,000. Your spouse expects to continue to work after your death. Using the DINK Method, what should be your need for life insurance for each of you? (The death benefit for one of the policies)
Business
1 answer:
laila [671]3 years ago
6 0

Answer:

DINK Method

This method has you adding half of all your debts plus funeral expenses. DINK stands for double income, no kids.

190.000/2=95.000

10.000/2=5.000

2.000/2=1.000

4.000/2=2.000

6.000

95.000+5.000+1.000+2.000+6.000=109.000

109.000 will be your need for life insurance

You might be interested in
There may be more than one critical path in a project network.
hichkok12 [17]
The answer is c, the critical path is the sequence of activities between a projects start and finish that takes the shortest time to complete.
4 0
3 years ago
Laguna Print makes advertising hangers that are placed on doorknobs. It charges $0.04 and estimates its variable cost to be $0.0
tankabanditka [31]

Answer:

Break-even point= 150,000 hangers

Explanation:

Giving the following information:

It charges $0.04 and estimates its variable cost to be $0.01 per hanger. Laguna’s total fixed cost is $4,500 per month.

To calculate the number of hangers we need to use the following formula:

Break-even point= fixed costs/ contribution margin

Break-even point= 4,500 / (0.04 - 0.01)= 150,000 hangers

3 0
3 years ago
1. Why are individuals so important to the NASA project teams? 2. What is the Lessons Learned Program and how might it relate to
Nikolay [14]

Answer: The answers are provided below.

Explanation:

1. NASA is an acronym for the National Aeronautics and Space Administration, which is a federal agency in charge of aerospace research, aeronautics, and also the civilian space program.

People are key to everything done at NASA. People mean more than astronauts, but everyone that go into completing a project. People are so vutal because they are the ones that make up the teams which ultimately help NASA reach its goals.

2. The Lessons Learned Program is a database that is established so that NASA workers can input their experience, findings, errors, successes, trials, recommendations and case analyses.

The NASA Lessons Learned Program is a database that contains official reviews, and the learned lessons from NASA projects, programs, and astronauts. Project management is risk management and this enables the project management team to better assess and reduce risk by not making same mistake twice

3. The team bears the responsibility for the achievement of success but it must be done by individual cooperation. Cooperation as a team is vital at NASA. Therefore, it is important for the individuals to hold themselves accountable so as to ensure that risk is avoided as much as possible.

4. NASA believes characteristics of a good project manager should include passionate about the task at hand, being optimistic, possessing the ability to surround yourself with people who are competent, communicating effectively with others, knowing your job, ensuring your team knows their job, working well with others, and integrity.

5. Leadership integrity has all to do with project success. Integrity is what one does when no one is watching. As a leader, one must always maintain integrity in order to ensure ones actions are always in the team's best interest.

6 0
3 years ago
Joker stock has a sustainable growth rate of 7 percent, ROE of 10 percent, and dividends per share of $1.20. If the P/E ratio is
belka [17]

Answer:

P/E ratio = <u>Market price per share</u>

                Earnings per share

15 = <u>Market price per share</u>

       $4

Market price per share = 15 x $4 = $60

Growth rate = Retention rate x ROE

0.07 = Retention rate x  0.10

<u>0.07</u> = Retention rate

0.10

Retention rate = 0.7 = 70%

Dividend pay-out ratio = 100% - 70%

Dividend pay-out ratio = 30%

Earnings per share = 100/30 x $1.20 = $4

Explanation:

In this case,  we will apply the formula of price-earnings ratio, which is market price per share divided by earnings per share. The P/E ratio was given while the earnings per share is derived. The market price per share becomes the subject of the formula.

In order to determine the earnings per share, we need to obtain the retention ratio by applying the formula of growth rate. In this case, growth rate and ROE were provided in the question with the exception of retention rate. Thus,  the retention rate is made the subject of the formula.  Having obtained the retention rate, we will now obtain the dividend payout ratio which is 100% minus retention rate.

Then, we will obtain the earnings per share by dividing 100 by the pay-out ratio multiplied by the dividend per share.

8 0
3 years ago
Tom lives in an apartment where he pays $8,000 a year in rent. Sarah lives in a house that could be rented for $10,000 a year. H
Misha Larkins [42]

Answer:

these housing services contribute to GDP =   $18000

Explanation:

given data

Tom pay rent = $8000

Sarah house  rented = $10,000

solution

housing services contribute to GDP is express as

housing services contribute to GDP = Tom pay rent + Sarah house rented ............1

As GDP include both rent and estimate rent owner occupy home

put here value in equation 1 we get

housing services contribute to GDP =  $8000 + $10000

housing services contribute to GDP =   $18000

5 0
3 years ago
Other questions:
  • During finals week, students arrive randomly at the help desk of the computer lab. There is only one technician due to budget cu
    5·1 answer
  • Which of the following statements includes the most useful guidance for practicing accountants concerning the FASB Accounting St
    14·1 answer
  • The first broad scan of all potential world markets should result in the firm being able to ________.
    7·1 answer
  • Relational integrity constraints enforce business rules vital to an organization's success and often require more insight and kn
    9·1 answer
  • Ana Carillo and Associates is a medium-sized company located near a large metropolitan area in the Midwest. The company manufact
    7·1 answer
  • Lenders consider loans made with a down payment to have less risk because the down payment gives the borrower some equity, or ow
    9·2 answers
  • A small company heats its building and spends ​$8 comma 000 per year on natural gas for this purpose. Cost increases of natural
    6·1 answer
  • What would you say to some who said that citizens had no right to know where their federal income tax money goes?
    6·1 answer
  • Conlon Enterprises reports the following information about resources. Cost Driver Rate Cost Driver Volume Resources used Setups
    14·1 answer
  • The adjusting entry to record revenue for services the seller has performed but not yet collected requires ______.
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!