Claims that are payable to a Disability Income insured, even when the insured can continue to work, are the result of a: C. presumptive disability.
<h3>What is an insurance company?</h3>
An insurance company can be defined as a business firm that is establish to collect premium from all of the insured for losses which may or may not occur, so they can easily use this cash to compensate or indemnify for losses incurred by those having high risk.
<h3>What is a
Disability Income insurance?</h3>
Disability Income insurance can be defined as a type of insurance plan that is designed and developed to provide financial benefits for both non-occupational illnesses and injuries.
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Complete Question:
Claims payable to a Disability Income insured, even when the insured can continue to work, are the result of a
A. Total disability
B. Recurrent disability
C. Presumptive disability
D. Lengthy elimination period
Answer:
Cost of goods sold
Explanation:
The cost of goods sold is the cost that is directly incurred for producing the goods that are sold by the organization
Here the formula to compute the cost of goods sold is
Cost of goods sold = beginning balance of raw material + purchase made during the year - ending balance of raw material
Therefore the cost of goods sold is the right answer
Answer:
A) unit sales price 288.88
B) unit sales price 260.5
Explanation:
B)
return of 25% in a 1,000,000 investment: 250,000
fixed cost per unit + variable cost + required return
5,000,000/500,000 + 250 + 250,000/500,000 =
10 + 250 + 0.5 = 260.5
A)
10% of sales as return:
fixed cost + variable + 10% of sales = Sales
10 + 250 + 0.1 S = S
260 = 0.9S
260/0.9 = S = 288,88
Managers, this is symbolic of how business is run in U.S. culture.