Answer: (4) Any form of life insurance
Explanation:
According to the given question, any type of the life insurance policy are used for purpose of funding the interest financially of deceased partner.
In this type of life insurance policy we made an agreement between the holder of life insurance policy and the insurer based on the critical or terminal illness of the person.
It is basically used into the form of two types that is whole life or for the short term contract basis. Therefore, Option (4) is correct.
Answer:
Specific Measurable Attainable Realistic Time-Bound
Answer:
$12,380
Explanation:
The beginning inventory is $9,150
The budgeted ending inventory is $10,420
The cost of goods sold is $11110
Therefore the budgeted purchases can be calculated as follows
= $10,420 + $11,110-$9,150
= $21,530 - $9,150
= $12,380
Hence the budgeted purchases is $12,380
Answer:
c. A new technology such as the Internet has just been introduced, and it increases investment opportunities.
Explanation:
Nominal interest rate is the sum of real interest rate and expected inflation rate.
If expected inflation rate falls, the nominal interest rate also falls.
During a recession, people are more unwilling to borrow funds ,this pushes interest rate down.
If investment opportunities increases, the demand for funds would increase and nominal interest rate would increase too.
I hope my answer helps you
Answer:
A) $1,050,000
Explanation:
Residual income
= Net operating income - (Total assets*Target rate of return)
= 1,250,000 - (20%*1,000,000)
= $1,050,000
Therefore, The division's Residual Income is $1,050,000.