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Andreyy89
3 years ago
12

Kiara filled out a life insurance application and was given a policy illustration that showed future premiums being paid out of

nonguaranteed values. This illustration must disclose that
Business
1 answer:
maria [59]3 years ago
7 0

Answer: The illustration must show that the policy owner (Kiara)<em> </em><em>may need to resume paying the premium payments depending on actual results. </em>

The policy owner will need to determine if this is the right policy for her and her family. The illustration should be truthful about how the policy will perform for the buyers lifetime. The illustration should also show the financial projections for each year so the buyer can determine if the plan fits their budget.

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If these patterns hold for decreases as well as for increases, by how much would the value of the financial securities decline i
Ratling [72]

Answer:

$115.20

Explanation:

Missing part is <em>"Assume that securitization combined with borrowing and irrational exuberance in Hyperville have driven up the value of existing financial securities at a geometric rate, specifically from $4 to $8 to $16 to $32 to $64 to $128 over a six-year time period. Over the same period, the value of the assets underlying the securities rose at an arithmetic rate from $4 to $6 to $8 to $10 to $12 to $14."</em>

<em />

If the underlying assets price fall by $10, then the securities value will fall by a ratio of $10

Value of securities = $128/$10 = $12.80

Decline in value of securities = $128 - $12.80 = $115.20. Thus, the Decline in value of the financial securities is $115.20

5 0
3 years ago
The ABC Auto Supply Company of Burlington, Vermont, uses an e-commerce software program on its website to allow customers such a
timama [110]

Answer: B2B ( Business to business)    

Explanation:

The Business to business (B2B) is one of the marketing process in which the products are promoted to the other organization or any business by using the various types of business operations or functions.

The business to business marketing plays an important role as it allow various types of organization for expanding the business in the market.

According to the given question, the ABC auto supply is one of the firm that are basically using the E commerce software that allow the users or consumers for ordering their auto parts.

Therefore, The ABC company is basically follows the B2B business model.

4 0
2 years ago
Current liabilities are obligations that are reasonably expected to be paid from Existing Creation of Other Current Assets Curre
Alex73 [517]

Answer:

The answer is option C) Yes No

Explanation:

Current liabilities are obligations that are reasonably expected to be paid from Existing Creation of Other Current Assets and not current liabilities.

This is because, Current liabilities are short term liabilities due within a year. They include accounts payable, short term debt and overdraft. This means that payment can only be generated by current assets.

Current assets are also short term assets with a life span of on year. They include accounts receivable an cash.

Therefore, Yes, Current liabilities are obligations that are reasonably expected to be paid from Existing Creation of Other Current Assets.

And No, Current liabilities are obligations that are not expected to be paid from Existing Creation of Other Current Liabilities.

5 0
3 years ago
List the order number and order date for each order placed by the customer named johnson s department store. (hint: to enter an
iris [78.8K]

Answer:

Explanation:

To obtain the needed detail of order table and order date for each order place by customer, has to be filtered with "John's Department Store"

select ORDER_NUM, ORDER_DATE frome orders as o

inner join customer as c on c.CUSTOMER_NUM=o.CUSTOMER_NUM

where c.CUSTOMER_NAME = "Johnson's Department Store"

8 0
3 years ago
Clampett, Incorporated, converted to an S corporation on January 1, 2020. At that time, Clampett, Incorporated, had cash ($40,00
lana [24]

Answer:

$2,100

Explanation:

Particulars                     Fair market value      Basis        Differences

Inventory                             $60,000              $30,000       $30,000

Account receivables           $40,000              $40,000       $0

Equipment                           $60,000              $80,000      <u> ($20,000)</u>

Taxable gain                                                                           $10,000

Tax rate                                                                                   <u>   21%    </u>

Built in gains tax                                                                     <u>$2,100  </u>

So therefore, the built-in-gains tax that Clampett (Incorporated) will pay in 2021 is $2,100.

3 0
2 years ago
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