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Aloiza [94]
3 years ago
15

Live Forever Life Insurance Co. is selling a perpetuity contract that pays $1,600 monthly. The contract currently sells for $117

,000. a. What is the monthly return on this investment vehicle?
Business
1 answer:
Tanzania [10]3 years ago
4 0

Answer:

The monthly return on this investment vehicle is 1.37%

Explanation:

A perpetuity contract is one which lasts forever, It does not any time limit. Live Forever Life Insurance Co will pay $1,600 for indefinite time on today's investment of #117,000.

Monthly return will be calculated using following formula:

Present value of Perpetuity = Perpetuity Received / Interest rate

$117,000 = $1,600 / r

r = $1,600 / $117,000

r = 1.37%

Monthly return on the perpetuity is 1.37% for this perpetuity.

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Bruce, a first-line supervisor at Lou’s Market, regularly uses abusive and derogatory words when dealing with his subordinates.
Burka [1]

Answer:

The correct answer is Interpersonal.

Explanation:

Interpersonal justice refers to the perception of justice of employees in the interpersonal treatment they receive from those who have the power and the power to distribute the results (usually managers and managers). It is important for managers to be courteous and polite and treat employees with dignity and respect to promote interpersonal justice. In addition, managers and managers must refrain from making derogatory comments or belittling their subordinates.

4 0
3 years ago
For each of the following:
Mama L [17]

Answer and Explanation:

As we know that

The assets, expenses contains debit balance while the liabilities, revenues and stockholder equity contains credit balance

So based on this, the classifications are as follows

Particulars    Type of account    Normal balance    Debit or credit     Reason

a. Land            Asset                      debit                       debit            resources on the owners hand        

b. Cash            Asset                      debit                       debit            resources on the owners hand

c. Legal Expense  = expense        debit                        debit         consumption of cost

d. Accounts Receivable      Asset                      debit                       debit      resources on the owners hand

e. Dividends    =     Equity                debit                          debit   distribution made to owners

g. Notes Payable =   Liability            credit                          credit    obligation made to creditors

h. Common Stock = Equity               credit                         credit    investment done by the owners

8 0
3 years ago
Company ABC operates a nail salon that specializes in artificial nails. It has two primary __________, women who get their nails
sladkih [1.3K]

Answer:

Company ABC has two primary segments.

Explanation:

Market segmentation involves splitting up an organization's clients into groups  by putting people with similar characteristics in one group.

Similar characteristics could be age,sex,level of income and even level of literacy.

By segmenting markets,an organization is able to identify the customers who contribute most to its bottom line and decide on how to deal with them so as to keep them satisfied and ensured their repeat business

7 0
3 years ago
Pigot Corporation uses job costing and has two production departments, M and A. Budgeted manufacturing costs for the year are as
zlopas [31]

Answer:

Correct option is D.

<u> $200,500 </u>

Explanation:

Manufacturing overhead = [($651,000/217,000) × $25,000] + [($417,000/834,000) × $29,000] = $89,500

Total cost associated with Job. No. 432 = $57,000 + $54,000 + $89,500 = $200,500

7 0
3 years ago
A Bathtub model of the start of the Great Depression would show the water level becoming lower with Investment inflow being less
Aneli [31]

Answer:

LESSER THAN

Explanation:

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4 0
3 years ago
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