1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kogti [31]
4 years ago
11

Buying the beneficiary position on a life insurance policy of someone who is dying

Business
1 answer:
MaRussiya [10]4 years ago
6 0

Buying the beneficiary position on a life insurance policy of someone who is dying is referred to as <u>Viatical Settlement</u>

Explanation:

  • <u>Viatical settlement</u> refers to the sale of a life insurance policy by the owner to a third party for a amount which is more than its surrender value but less than its net death benefit.
  • Viatical settlement provides the policy owner with a lump some amount of money.
  • The <u>viatical settlement </u>is tax-free as per the Health Insurance Portability and Accountability Act (HIPAA) 1996

You might be interested in
To verify the quality and integrity of completed visuals ask yourself all of the following questions, except
kupik [55]

In order to verify the quality and integrity of completes visuals, you should NOT ask yourself the question “Is the visual doing the job?”

<span>One needs to ensure visual and textual flow in order to have successful integration with text involves for decisions.</span>

7 0
3 years ago
Read 2 more answers
. El Capitan Foods has a capital structure of 36% debt and 64% equity, its tax rate is 35%, and its beta (leveraged) is 1.4. Bas
almond37 [142]

Answer:

The firm's unleveraged beta is 1.0251

Explanation:

Hamada's equation  is used to separate the financial risk of a levered firm from its business risk.

The Hamada equation:

Bu= Bl/(1 + (1 − T)(D/E))

Bl = 1.4

wd = 0.36

Tax rate = 35%

D/E = wd / (1 – wd) = 0.5625 = 56.25%

= 1.4/ (1+(1-0.35)(0.5625))

=1.4/ 1 + (0.65)(0.5625)

=1.4/1.36

= 1.0251

5 0
4 years ago
Prepare a narrated PowerPoint presentation that will highlight the following items.
vladimir2022 [97]

Answer:

I don't know

Explanation:

Prepare a narrated PowerPoint presentation that will highlight the following items.

a. Your calculations for the amount of property, plant, and equipment and the annual depreciation for the project

b. Your calculations that convert the project's EBIT to free cash flow for the 12 years of the project.

c. The following capital budgeting results for the project:

1. Net present value

2. Internal rate of return

3. Discounted payback period.

6 0
3 years ago
A bank loans money at an annual rate of 20 percent. Interest is compounded daily. What is the actual rate the bank is charging?
NeX [460]

Answer:

22.13%

Explanation:

The effective annual rate formula below can be used to determine the actual rate charged by the bank as follows:

Effective annual rate=(1+APR/n)^n-1

APR=20%

n=number of times interest is computed yearly=365

Effective annual rate=(1+20%/365)^365-1

Effective annual rate=1.221335858 -1

Effective annual rate=22.13%

The actual rate of interest on bank loan is 22.13%

8 0
3 years ago
Intentionally reporting product sales in the financial statements for the period prior to when they actually occurred is a viola
SSSSS [86.1K]

Answer:

d. Revenue recognition

Explanation:

The principle of revenue recognition occurs when the revenue is recognized or earned whether cash is obtained or not and it also meets the accounting accrual basis. Realizable here implies that the customer receives the product but the payment was made afterward.

Since the given scenario reflects the violation of the revenue recognition principle.

6 0
3 years ago
Other questions:
  • In the past, how have you approached problems that you received with little or inadequate instruction/guidance?
    8·2 answers
  • An insurance policy written after 1988 that fails to pass the seven-pay test is known as
    14·1 answer
  • Which of the following is the formal process of measuring performance and comparing this performance to marketing​ objectives? A
    9·1 answer
  • Suppose the reserve requirement is 10%.
    5·1 answer
  • In 2016 Whitney's Cafe had a total revenue of $136,900. In 2017 Whitney's Cafe had a total revenue of $175,200. Complete the fol
    13·1 answer
  • Hane Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: Activit
    7·1 answer
  • Where should a company undergoing reorganization report the gains and losses resulting from the reorganization? Select one: a. o
    12·1 answer
  • Where do most banks get the text to explain their calculations of interest?
    10·1 answer
  • Consider each of the transactions below. All of the expenditures were made in cash.
    13·1 answer
  • Whispering Winds Corp. purchased a delivery truck for $34,000 on January 1, 2022. The truck has an expected salvage value of $5,
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!