Lenny will generate $471,250 after-tax cash.
<h3>
What is an insurance policy?</h3>
- The insurance policy, which establishes the claims that the insurer is legally obligated to pay, is a contract between the insurer and the policyholder.
- The insurer guarantees to reimburse losses brought on by risks covered by the policy language in return for an upfront payment known as the premium.
<h3>What is a cash surrender value?</h3>
- If a policyholder or the owner of an annuity contract chooses to cancel their policy before it matures or an insured event occurs, the insurance company will give them the cash surrender value as compensation.
<h3>
Solution -</h3>
Money Lenny will get = $725,000.
Subtract the tax to find the money Lenny will get.
35% of 725,000 = $253,750.
Therefore, Lenny will generate $471,250 after-tax cash.
Know more about compensation here:
brainly.com/question/19646648
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Answer:
Gross Profit 714,000
Explanation:
Gross Proft: is the diference between the sales revenue and the cost of the goods sold.
Sales revenue 1,254,000
Cost of Goods Sold (540,000)
Gross Profit 714,000
note: All the other account and values are irrelevant to determinate the gross profit.
<u>Other way to calculate gross profit:</u>
(sale price per unit - cost per unit) x unit sold
I'm not going to lie to you I'm not really sure but I think the answer is B because from my standpoint I would wanna be bilingual and being bilingual can be a useful skill for different jobs and situations. For ex. pretend you are the only one that speaks Mandarin no one else you are able to communicate to that other individual in Mandarin. Sorry if I confused you. Recap: ANSWER IS B.
<span>One of the primary disadvantages of international cooperative development includes the clash of differing political ideologies. If people cannot agree on their citizens basic human rights, it is sometimes difficult to cooperate on any meaningful level. An example of this would be any country trying to cooperate with North Korea, or any totalitarian government.</span>
I'm gonna take an educated guess and say that your answer is Paragraph #2.