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Bezzdna [24]
3 years ago
7

todd plans to purchase a life insurance policy from a stock life insurance company. What kind of policy is he planning to purcha

se? Multiple Choice Nonparticipating policy Mutual policy Participating policy Stock policy Dividend policy
Business
1 answer:
Tpy6a [65]3 years ago
6 0

Answer:

The correct answer is B. Nonparticipating policy

Explanation:

It refers to the implementation of initiatives where the comments or considerations of the employees are not taken into account. In this type of actions, it is based on the utility for the totality of the persons of a company, and their acceptance by them is understood.

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The Rogers Corporation has a gross profit of $704,000 and $333,000 in depreciation expense. The Evans Corporation also has $704,
Reil [10]

Answer:

a. Cash Flow Rogers =  $441,000

Cash Flow Evans = $327,520

b. $113,480

Explanation:

The computation of the cash flow for both companies are shown below:

a. For Cash Flow Rogers

= Gross profit - Selling and administrative expense - income tax expense + depreciation expense × tax rate

where,  

Income tax expense = (Gross profit - Selling and administrative expense) × income tax rate  

= ($704,000 - $191,000) × 40%  

= $205,200

And, the other items values would remain the same

Now put these values to the above formula  

So, the value would equal to

= $704,000 - $191,000 - $205,200 + $333,000 × 40%

= $307,800 + $133,200

= $441,000

For Cash Flow Evans

= Gross profit - Selling and administrative expense - income tax expense + depreciation expense × tax rate

where,  

Income tax expense = (Gross profit - Selling and administrative expense) × income tax rate  

= ($704,000 - $191,000) × 40%  

= $205,200

And, the other items values would remain the same

Now put these values to the above formula  

So, the value would equal to

= $704,000 - $191,000 - $205,200 + $49,300 × 40%

= $307,800 + $19,720

= $327,520

b. The computation of the difference in cash flow between the two firms are shown below:

= Cash Flow Rogers - Cash Flow Evans

= $441,000 -  $327,520

= $113,480

5 0
3 years ago
Which of the following is not included in the heading of a cover letter
eduard
Since no choices are presented, I'll just list down the parts of a cover letter.

A cover letter is a one page document that is attached to a resume. It has 5 parts.

1) The Salutation : Dear Hiring Manager,
2) The Grab - Opening Paragraph - introduction about yourself and your immediate qualification on the position you are applying
3) The Hook - Second Paragraph - examples of work performed and its results
4) Paragraph of Knowledge - Third Paragraph - knowledge you have about the company and its needs in connection with your application.
5) The Close - Fourth Paragraph - quick summary of what you are offering and how they can contact you.
3 0
3 years ago
Read 2 more answers
You have no health insurance and you are unemployed. where can you go in your state, county, or city for medical services?
Gemiola [76]
<span>It is not important to always have a health insurance or to be employed in order to see the doctor.

There are many free clinics and Medicaids in many different cities and states, which could help people to avail medical treatment at considerably cheaper prices.

In case, the person is unemployed, they can also avail food stamps for a period of time from the clinics after completing the necessary formalities.

The Free clinics and Medicaids can be searched for on the websites and an online appointment can also be booked.</span>
3 0
3 years ago
Define ATS and describe its use.. Why would large companies<br> use an ATS ?
elena55 [62]

Answer:

An applicant tracking system (ATS) is a human resources software that acts as a database for job applicants.

7 0
2 years ago
If reserves in the banking system increase by $100, then checkable deposits will increase by $500 in the model of multiple depos
const2013 [10]

Answer:

d. 0.2

Explanation:

D = 500

R = 100

D*rr = R

500*rr = 100

rr = 100/500

   = 0.2

Therefore, The required reserve ratio is a 0.2

6 0
3 years ago
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