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3 years ago

Which of the following statements about yearly renewable term insurance is (are) true?

Business

1 answer:

suter [353]3 years ago

4 0

Answer:

D) neither I nor II

Explanation:

Yearly or Annual renewable term insurance (ART) is a specific type of life insurance policy that offers the individual life insurance for a set amount of years following the signing of the insurance policy. Therefore based on this information it can be said that neither of the statements listed in the question are true.

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One way to recruit companies to a state is to offer tax incentives; another is to assure them that the workforce is prepared. Wh

Vika [28.1K]

Answer:

At will employment

Explanation:

At-will employment is a term used in U.S. labor law for contractual relationships in which an employee can be dismissed by an employer for any reason, and without warning, as long as the reason is not illegal.

Through at-will employment, both the employee and the employer are able to terminate employment at any time. The employment can end at the discretion of either party at any time, with or without cause, and with or without notice.

Hence the answer to this question is At will employment

5 0

3 years ago

Read 2 more answers

Agatha has worked for ten years in the public relations department of a large firm. she has been promoted to several higher payi

otez555 [7]

If Agatha has worked for ten years in the public relations department of a large firm. she has been promoted to several higher paying managerial positions, but never to an executive position, even though she has directed several successful projects for the firm, her lack of promotion most likely illustrates the glass ceiling. It is the barrier that keeps women and young people in achieving high positions.

5 0

3 years ago

Dirty Don's Bicycle Shop is current financed with 100% equity. The firm currently has 100,000 shares of common stock outstanding

Stella [2.4K]

Answer:

Number of bonds to raise = 2250

Explanation:

given data

current financed = 100% equity

common stock outstanding = 100,000 shares

selling = $50 per share

debt = 45%

equity =55%

par value of a bond = $1,000

to find out

How many bonds would Don have to sell at par value

solution

we get here first the value of equity that is express as

value of equity = Number of shares × Price per share .................1

put here value

value of equity = 100,000 × $50

value of equity = $5,000,000

and

financed with bonds = 45 % of value of equity

financed with bonds = 45 % × $5,000,000

financed with bonds = $2,250,000

Number of bonds to raise is express as

Number of bonds to raise = $\frac{2,250,000}{1000}$

Number of bonds to raise = 2250

6 0

3 years ago

Go Zone plans to introduce four tablet models over the next year. These models range from basic readers at $99 per unit, to more

Savatey [412]

Answer:

Product line Pricing

Explanation:

The reason is that when the manufacturer produces a number of quality range products and price them accordingly. This means that the customer who has different level of purchasing power can fulfill his needs and wants accordingly. So producing a single product limits the satisfying of needs and wants of small customer segment whereas producing multiple product range helps in targeting a range of customer segments. The different prices of tablets charged here for different products actually reflects the prices of the products.

7 0

3 years ago

On July 1, 2019, Montana Company has bonds with balances as shown below. Bonds Payable 66,000 Discount on Bonds Payable 3,800 I

Otrada [13]

Answer:

Loss on the retirement of $4,750

Explanation:

The following have the effect on the income statement which is a loss on the retirement and it amounts to $4,750

It is computed as:

Loss on retirement = Retirement value of the bonds - Issued price of the bonds

= $71,150 - $66,400

= $4,750

Working Note:

Issued Price of bonds = Face value - Discount on bonds payable

= $70,000 - $3,600

= $66,400

7 0

3 years ago