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3 years ago

What is an advantage of permanent life insurance policy

Business

1 answer:

jolli1 [7]3 years ago

5 0

The advantage is the fact that there would not be much issue if one gets an illness anytime in life.

Explanation:

Often, insurance companies do not give insurance to the people who are already in old age or have some serious ailments.

This is because they understand the cost in keeping that insurance is more than that they would be able to recover.

This can be done away with if the person takes lifelong insurance.

Then the company will have to pay for the expenses that come any time in the life of the person no matter any time until they live.

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Wise Company estimates the following unit sales. 1st quarter - 20,000 units 2nd quarter - 26,000 units 3rd quarter - 30,000 unit

KonstantinChe [14]

Answer:

Since 20% of the goods of the next quarter need to be produced beforehand in the second quarters start there will already be a starting inventory of (0.2*26,000)=5,200

This means that in the second quarter to meet the the sales (26,000-5,200)=20,800 need to be produced

Also 20% of next quarters unit sales also needs to be produced in the second quarter so (0.2*30,000)=6000

Budgeted production in the 2nd quarter= 20,800+6,000=34,000

Explanation:

3 0

3 years ago

Elliot wants to open a checking account.

Paraphin [41]

Answer:

The common differences in benefits and or fees include :

1. Minimum opening amount

2. Withdrawal limitation - maximum spending or withdrawal depending on age

3. Cost of notification on transaction and monthly statement or hard copy statement fee.

4. Return deposit charge - fee charged on a bounced cheque

5.Overdraft charge - fee charge on unfulfilled commitment

Explanation: The benefits attached and the charges or fees incurred in managing a checking account may differ depending on the policy and business process of the financial establishment.

5 0

3 years ago

Read 2 more answers

Hi i needa gf im 16 im a kind loving caring person anyone 13 through 17

Bingel [31]

Shoot ur shot on ur crush instead

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2 years ago

You are given the following information for Lightning Power Co. Assume the company's tax rate is 35 percent.

olga55 [171]

Answer:

The company's WACC is 9.14%

Explanation:

cost of preferred stock

= (dividend on preferred stock)/(current market price)

= [$100*4%]/$72

= 5.56%

total finance = debt + equity + preferred stock

= (8,000*$1,060) + (310,000*$57) + (15,000*$72)

= $8,480,000 + $17,670,000 + $1,080,000

= $27,230,000

weight of debt = debt/total finance

= $8,480,000/$27,230,000

= 0.31

weight on equity = equity/total finace

= $1.080.000/$27,230,000

= 0.04

WACC

= (weight of debt*after tax cost of debt) + (weight on equity*cost of equity)

= (0.31*0.0393) + (0.65-0.1185) + (0.04*0.0556)

= 9.14%

Therefore, The company's WACC is 9.14%

5 0

3 years ago

cash transactions involving the purchase and sale of long-term assets and current investments are classified on the statement of

ivanzaharov [21]

Answer: Investing Activities

Explanation: The investing activities lists all of the purchases and sales of long-term fixed assets, such as equipment, building, land, and the purchase of shares.

Hope this helps.

7 0

2 years ago