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algol13
3 years ago
14

An insured purchased an insurance policy 5 years ago. last year, she received a dividend check from the insurance company that w

as not taxable. this year, she did not receive a check from the insurer. from what type of insurer did the insured purchase the policy?
Business
1 answer:
grandymaker [24]3 years ago
7 0
Dang this question is pretty hard
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Your client has called for help with that bank fees in QuickBooks Online you began by asking them to open the bank and tab in th
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This doesn’t make sense :(
3 0
3 years ago
Bonita industries sells two types of computer hard drives. the sales mix is 30% (q-drive) and 70% (q-drive plus). q-drive has va
podryga [215]
3300 units of q - drive.

To get the break even units of  q drive you need to get the weighted average contribution margin of the two products

To get it, simply multiply the sales mix ratio to its contribution margin per product and add the two to get the wacm.

Q-drive cm=$120-60=60*30%
Q-drive plus cm= $165-75*70%

the wacm=$81
then divide the fixed cost by the wacm

$891000 / $81=11000 units

then to get the break even units of q-drive simply multiply the sales mix ratio to the break even units

11000 units*30% =3300 units.
5 0
3 years ago
On January 8, Lowrence Co. issued a $60,000, 120-day discounted note to Raines Bank. The discount rate is 8%. Assuming a 360-day
Salsk061 [2.6K]

Answer:

a. $58,400

Explanation:

A discounted note, will make the person receive a lesser amount than the amount due at maturity. This way the person who grants the note is receiving interest for borrowing.

<em><u>Calculations</u></em>

principal x discount rate x time = discount

<em><u>Where</u></em> rate and time should be expressed in the same metric IE if the rate is annual express time in portion of years if it is monthly, in months.

60,000 x 0.08 x 120/360 = 1,600

Now, we subtract this amount form the nominal:

nominal - discount = net

60,000 - 1,600 = <u>58,400</u>

6 0
3 years ago
Read 2 more answers
A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the lab
maw [93]

Answer:

The productivity increased from 0.89 carts pwe worker per hour to 0.93 arts per worker per hour.

Explanation:

5 worked make 80 carts per hour

Worker receive $10 dollar per hour = $50 dollars wages epxense

Machine cost  $40 dollar per hour

A worked is crow-out from factory and the equipment cost increased by $10

The total cost still is $90 dollars but the output now is 84 carts

Labor Productivity (before purchase of new equipment)  

80 carts

(5 wkrs .∗$ 10 per hr .)+$ 40

= 0.89 carts per worker per hour

Labor Productivity (after purchase of new equipment)

84 carts

(4 wkrs .∗$ 10 per hr .)+$ 50

= 0.93 carts per worker per hour

<u>Question missing:</u>

Compute labor productivity under each system (before and after the purchase of new equipment). <u>Use carts per worker per hour</u> as the measure of labor productivity.

7 0
3 years ago
Please help!
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