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3 years ago

Which products are considered "covered products" by the Treasury Department and are subject to anti-money regulations?

Business

1 answer:

AURORKA [14]3 years ago

5 0

Answer:

B) C and D

C. Whole life insurance
D. Annuities

Explanation:

Anti-Money Laundering (AML) regulations identified the following insurance products as covered products:

Permanent life insurance policy, other than a group and term life insurance policy
An annuity contract, other than a group annuity contract
Any other insurance product with features of cash value or investment.

The AML's main goal is detect and stop terrorist financing.

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In a common-size income statement, each item is expressed as a percentage of total:.

GrogVix [38]

Answer: In a common size statement each item is expressed as a percentage of some common base.

Explanation:

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3 years ago

A metal fabricator produces connecting rods with an outer diameter that has a 1 ± 0.01 inch specification. A machine operator ta

ExtremeBDS [4]

Answer:

0.25

Explanation:

Process Capability measures the efficiency of a process

It is given by this equation

Cp = (USL-LSL)/6σ

Where USL is the upper Specification Limit = 1.003

and LSL is the Lower Specification Limit = 1 inch

σ is the standard deviation = 0.002 inches

Therefore

Cp = (1.003 - 1)/6 × 0.002

=0.003/0.012

Cp = 0.25

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4 years ago

Given some amount to be received several years in the future, if the interest rate increases, the present value of the future am

Delicious77 [7]

Answer:

B. be lower

Explanation:

the present value of the future amount will be lower

8 0

3 years ago

Lone Star Meat Packers is a major processor of beef and other meat products. The company has a large amount of T-bone steak on h

shusha [124]

1. The Lone Star Meat Packers' financial advantage of further processing one T-bone steak into Filet Mignon and New York cut steaks is $0.41 per pound.

Data and Calculations:

Selling price per pound of T-bone steaks = $2.40

Split-off costs = $1.60

Profit per pound =$0.80 ($2.40 - $1.60)

6-ounce filet mignon = 0.375 pounds (6/16)

8-ounce New York cut = 0.5 pounds (8/16)

Further processing costs = $0.19

New sales prices after further processing:

Filet Mignon = $1.35 ($3.60 x 0.375)

New York cuts = $1.65 ($3.30 x 0.5)

Total price per pound = $3.00

Total cost after further processing = $1.79 ($1.60 + $0.19)

Profit per pound after further processing = $1.21 ($3.00 - $1.79)

Financial advantage from further processing = $0.41 ($1.21 - $0.80)

Thus, the financial advantage of further processing one T-bone steak into Filet Mignon and New York cut steaks is $0.41 per pound.

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3 years ago

Peanut crops have been destroyed by a fungus. Consumers are substituting almond butter for peanut butter because they perceive i

vladimir2022 [97]

The prices of both peanut butter and almond butter are rising because of the demand and supply forces.

<h3>What is Demand and supply?</h3>

Demand and supply forces are the deriving forces of the market which influence the prices of the commodities. Demand refers to the willingness and ability to purchase the commodity.

Supply refers to the availability of the product and services in the market that to as per the requirement in the market. Thus both the terms are interrelated and interconnected to each other.

As per the above situation, the rise in the demand of the peanut butter is due the loss of the crop due to fungus with created shortage in the supply of the peanut in the market.

Thus people shifted to its substitute almond butter which rises the demand of the almond butter as well.

Therefore it increased the prices of the both the kinds of the butter available in the market.

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2 years ago