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Katen [24]
3 years ago
10

Which life insurance policy would be eligible to include an automatic premium loan provision? increasing term level term decreas

ing term whole life?
Business
1 answer:
Aleksandr [31]3 years ago
4 0

The answer is <u>"Whole life".</u>


Whole life insurance is for the most part utilized when the requirement for disaster protection is long lasting, or changeless. Also it has a worked in investment funds component since you will pay premiums and consequently develop a money esteem inside the arrangement. Also, Whole life insurance might be utilized as a piece of your bequest arranging.  

Premiums for entire disaster protection can be considerably higher than premiums you would pay at first for a similar measure of term protection, however they are littler than the premiums you would in the end pay if you somehow managed to continue reestablishing a term protection arrangement until the guaranteed's later years.  

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Materials purchased on account during the month amounted to $190,000. Materials requisitioned and placed in production totaled $
svetoff [14.1K]

The entry to record the transaction for materials requisitioned by the production department is to

Debit WIP $156,000

Credit Materials $156,000

Organization accountants should account for direct and indirect materials one after the other. The magazine entry for direct substances, this is, substances that can be without delay traced to merchandise, is a debit to the paintings in technique and a credit to the raw materials inventory accounts.

To file materials used in manufacturing, a debit for the value of raw substances is made to the WIP inventory account and a credit score is made to the raw substances account. Exertion fees are spilt between direct and indirect labor.

Learn more about transactions here brainly.com/question/1016861

#SPJ4

5 0
1 year ago
Lexigraphic Printing Company is considering replacing a machine that has been used in its factory for four years. Relevant data
jek_recluse [69]

Answer:

Lexigraphic Printing Company

1. Differential Analysis as of April 30:

                                                 Old Machine   New Machine    Difference

Annual revenue                              $74,200          $74,200

Annual depreciation (straight-line)    8,900             19,950  

Annual manufacturing

costs, excluding depreciation        23,600              6,900

Annual nonmanufacturing

operating expenses                         6,100                6,100

Total expenses                            $38,600           $32,950

Annual net income                      $35,600           $41,250         $5,650

Net income for 6 six years        $213,600        $247,500       $33,900

2. Other factors that should be considered are:

B. What effect does the federal income tax have on the decision?

C. What opportunities are available for the use of the $90,000 of funds ($119,700 less $29,700 proceeds from the old machine) that are required to purchase the new machine?

E. Are there any improvements in the quality of work turned out by the new machine?

Explanation:

a) Dat and Calculations:

Old Machine

Cost of machine, 10-year life $89,000

Annual depreciation (straight-line) 8,900

Annual manufacturing costs, excluding depreciation 23,600

Annual nonmanufacturing operating expenses 6,100

Annual revenue 74,200

Current estimated selling price of machine 29,700

New Machine

Purchase price of machine, six-year life $119,700

Annual depreciation (straight-line) 19,950

Estimated annual manufacturing costs, excluding depreciation 6,900

Annual nonmanufacturing operating expenses 6,100

Annual revenue 74,200

Differential Analysis as of April 30:

                                                 Old Machine   New Machine    Difference

Annual revenue                              $74,200          $74,200

Annual depreciation (straight-line)    8,900             19,950  

Annual manufacturing

costs, excluding depreciation        23,600              6,900

Annual nonmanufacturing

operating expenses                         6,100                6,100

Total expenses                            $38,600           $32,950

Annual net income                      $35,600           $41,250         $5,650

Net income for 6 six years        $213,600        $247,500       $33,900

4 0
2 years ago
What is a vision statement
FromTheMoon [43]
A Vision Statement is an aspirational description of what an organization would like to achieve or accomplish in the mid-term or long-term future.
8 0
3 years ago
Read 2 more answers
Genesis Scents has two divisions: the Cologne Division and the Bottle Division. The Bottle Division produces containers that can
vova2212 [387]

Answer: $4

Explanation:

The Bottle division is said to be able to meet all excess demand outside as well as that of the Cologne Division.

When this is the case in a company, individual divisions are allowed to transfer to each other at a rate equal to their Variable Costs. This is the general rule.

The Variable Costs for the containers is $4 so that is the transfer price as well.

6 0
3 years ago
Two hundred people were asked if they had read a book in the last month. The accompanying contingency table, cross-classified by
Rainbow [258]

<em>Question Continuation</em>

<em>The probability that a respondent read a book in the last month and is at least 30 years old is the closest to </em>

<em> A. 0.33 </em>

<em> B. 0.88 </em>

<em> C. 0.46 </em>

<em> D. 0.12 </em>

<em>See Attachment for complete question </em>

Answer:

A. 0.33

Explanation:

To solve this question, we need the intersecting cell of Yes and 30+

n(Yes\ n\ 30+) = 65

The probability is then calculated as follows:

P(Yes\ n\ 30+) = \frac{n(Yes\ n\ 30+)}{Total}

Where Total = 200

P(Yes\ n\ 30+) = \frac{65}{200}

P(Yes\ n\ 30+) = 0.325

From the list of given options; (A) is the closest to 0.325

Hence:

<em>Option A answers the question</em>

3 0
3 years ago
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