When survivors or beneficiaries receive a set sum of money from insurance, it is from a life insurance policy. Many people pay into a life insurance policy for numerous years to leave money for their families future. There are several types of life insurance that can be purchased such as term life and permanent life insurance.
Answer:
Correct option is (D)
Explanation:
Total cost is a sum of Total fixed cost and total variable cost. Fixed cost does not change with the change in number of units produced. Variable cost on the other hand increases with the increase in production.
So, initially fixed cost is higher than variable cost at a certain production level. As production increases, fixed cost is spread across units and per unit fixed cost falls but variable cost keeps increasing, so total cost keep increasing with increase in production because of variable cost component.
Answer:
$39,000
Explanation:
This can be calculated as follows:
Charitable contribution to carry forward = Contribution to church + Contribution to qualified charities + Half of the fair market value of contributed religious artwork
Therefore, we have:
Charitable contribution carry forward = $6,000 + $3,000 + ($60,000 ÷ 2) = $39,000
Therefore, the amount of the charitable contribution carry forward beyond the current year for Gina Hestopolis is $39,000.
Answer:
insurance is important in that it helps you indemnity the losses occured after the risk occurrence
Explanation:
insurance ensures that you are covered from all period and hazards
Answer:
11.3%
Explanation:
Given that,
Growth rate of industrial production, IP = 4%
Inflation rate, IR = 3.0%
Beta = 1.1 on IP
Beta = 0.5 on IR
Rate of return = 7%
Before the changes in industrial production and inflation rate:
Rate of return = α + (Beta on IP) + (Beta on IR)
7% = α + (1.1 × 4%) + (0.5 × 3%)
7% = α + 4.4% + 1.5%
7% - 4.4% - 1.5% = α
1.1% = α
With the changes:
Rate of return:
= α + (Beta on IP) + (Beta on IR)
= 1.1% + (1.1 × 7%) + (0.5 × 5%)
= 1.1% + 7.7% + 2.5%
= 11.3%
Therefore, the revised estimate of the expected rate of return on the stock is 11.3%.
