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klasskru [66]
3 years ago
15

Donald and Charlene are married and do not have any children. They plan to ensure that the other will not be unduly burdened by

debts in case one of them dies. Each plans to continue to work after the other one dies. Which method are they using to determine their life insurance needs?
Business
1 answer:
Bas_tet [7]3 years ago
8 0
They are using the Dual income and no kids method
You might be interested in
Sales revenue$ 4,000Purchases of direct materials$ 400Direct labor$ 450Manufacturing overhead$ 620Operating expenses$ 650Beginni
dlinn [17]

Answer:

The correct answer is D: $1900

Explanation:

Giving the following information:

Sales revenue$ 4,000

Purchases of direct materials$ 400

Direct labor$ 450

Manufacturing overhead $ 620

Operating expenses$ 650

Beginning raw materials inventory$ 200

Ending raw materials inventory$ 180

Beginning work in process inventory$ 320

Ending work in process inventory$ 410

Beginning finished goods inventory$ 250

Ending finished goods inventory$ 200

First, we need to calculate the cost of goods manufactured:

cost of goods manufactured= beginning work in process + direct materials + direct labor + manufacturing overhead - ending work in process

Direct materials= beginning inventory + purchase - ending inventory= 200 + 400 - 180= 420

cost of goods manufactured= 320 + 420 + 450 + 620 - 410= $1400

Now, we can calculate the cost of goods sold:

COGS= beginning finished inventory + cost of goods manufactured - ending finished goods

COGS= 250 + 1400 - 200= 1450

Operating income= sales  - COGS - operating expenses

Operating income= 4000 - 1450 - 650= $1900

3 0
3 years ago
Where is market equilibrium located
Lina20 [59]

Answer:

B. at the intersection of supply and demand

Explanation:

Equilibrium is a market condition where there no excess or shortage in demand and supply. It is when the quantity demanded matches the quantity supplied. At equilibrium, buyers and sellers are happy with the prevailing prices.

In a graph showing the demand and supply curve, the equilibrium point is the intersection of the supply and demand curve.  

8 0
2 years ago
I am a rational and risk-averse person, and I have an option of making the following bet: I receive $500 cash, after which I rol
Tamiku [17]

Answer:

I should not accept the bet; the precise level of risk aversion does matter.

Explanation:

Risk averse person is the one who is not willing to take the risk even if he is given high returns. Risk averse person will always avoid the risks. In the given scenario the person is risk averse. If he rolls out the dice he has to pay $200 times the dice number which means he just have two chance (dice rolls 1 or dice rolls 2) for getting return otherwise he will loose the bet and he will have to pay money from the pocket.

4 0
2 years ago
In june, an investor purchased 350 shares of oracle (an information technology company) stock at $20 per share. in august, she p
madreJ [45]
<span>In June, number of shares = 350; Stock Price = $20 Total Oracle share price in June = 350 x 20 = 7000 In August, additional number of shares = 420; Stock price = $24 Total Oracle share price in June = 420 x 24 = 10080 In November, additional number of shares = 470; Stock price = $33 Total Oracle share price in June = 470 x 33= 15510 Final total share price = 7000 + 10080 + 15510 = 32590 Final number of shares = 350 + 420 + 470 = 1240 Mean price per share = Final total share price / Final number of shares = 32590 / 1240 = $26.28</span>
8 0
3 years ago
Presented below is information available for Concord Corporation. Current Assets Cash $ 4500 Short-term investments 50500 Accoun
disa [49]

Answer:

2.42 times

Explanation:

The computation of the acid test ratio is shown below:

Acid test ratio = Quick Assets ÷ Current liabilities

where,

Quick Assets = Cash + short term investment + account receivable

                      = $4,500 + $50,500 + $66,000

                      = $121,000

And, the current liabilities is $50,000

So the acid test ratio is

= $121,000 ÷ 50,000

= 2.42 times

Basically we applied the above formula to find out the acid test ratio

3 0
3 years ago
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