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3 years ago

What happens to the total amount of premium paid for an insurance policy when the payment frequency increases?

Business

1 answer:

Whitepunk [10]3 years ago

5 0

Answer:

C. Increases

Explanation:

When payment frequency increases, it results to lesser amount per payment which will lead to a higher total amount of premium paid. consider this general rule of thumb; the greater the number of payments, the higher the actual premium paid over the course of the year.

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Research and development costs should be: A. Expensed in the period incurred. B. Expensed in the period they are determined to b

Vladimir79 [104]

Answer:

The correct answer is letter "A": Expensed in the period incurred.

Explanation:

Research and Development (R&D) costs are spent on the development of new products that could or could not end up being commercially offered. These kinds of costs are usually expensed at the same time they are incurred. According to the U.S. Statement of Financial Accounting Standards, the R&D costs cannot be capitalized.

6 0

2 years ago

Gray Manufacturing is expected to pay a dividend of $1.25 per share at the end of the year (D1 = $1.25). The stock sells for $27

natali 33 [55]

Answer:

5.95%.

Explanation:

Expected dividend (D1) $1.25

Stock price $27.50

Required return 10.5%

Dividend yield 4.55%

Growth rate = rS - D1/P0 = 5.95%.

4 0

3 years ago

Department heads at St. Claire Machine Works, a $5 million metal fabricating company with operations in four states, are meeting

Zolol [24]

Answer:

a. planning

Explanation:

St. Claire heads of the department are involved in planning, there are no evidence for this.

Because planning is something to make a strategy to do some activity with a particular team or group.

They are just setting few goals and motivating there employees and workers and comparing the outcome with original goal that was set. So this is the proof that they were not involved in planning.

4 0

3 years ago

Laura is a billing clerk in a medium-sized manufacturing company. She reports to the Supervisor of Accounts Payable, who in tu

Firlakuza [10]

Answer: (C) Chain of command

Explanation:

The chain of command is basically refers to the organizational hierarchy and it helps company for establishing the authority line in an organization. It also helps in the decision making process and manage all the production activity in an organization.

According to the given situation, the chain of command is one of the element for the organizational design. As, the chain of command is one of the important element as it is one of the effective management in an organization.

Therefore, Option (C) is correct.

6 0

2 years ago

In 2018, Caterpillar Inc. had about 595 million shares outstanding. Their book value was $23.00 per share, and the market price

sashaice [31]

Answer and Explanation:

The computation is shown below;

(a)-Caterpillar’s book debt-to-value ratio

Caterpillar’s book debt-to-value ratio is

= Debt ÷ [Debt + Book Value of Equity]

= $24.80 Billion ÷ [$24.80 Billion + (0.595 Billion Shares × $23.00 per share)]

= $24.80 Billion ÷ [$24.80 Billion + $13.69 Billion]

= $24.80 Billion ÷ $38.49 Billion

= 0.64

(b)- Caterpillar’s market debt-to-value ratio

Caterpillar’s book Market debt-to-value ratio is

= Debt ÷ [Debt + Market Value of Equity]

= $24.80 Billion ÷ [$24.80 Billion + (0.595 Billion Shares × $154.80 per share)]

= $24.80 Billion ÷ [$24.80 Billion + $92.11 Billion]

= $24.80 Billion ÷ $116.91 Billion

= 0.21

(c)-Best measure to determine the company’s cost of capital is the market value

8 0

3 years ago