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allochka39001 [22]
3 years ago
9

Christian and Monica are married and are both in good health with reasonably secure careers. Christian and Monica have annual in

comes of $60,000 each. The family debts are a home mortgage of $120,000, car loans of $10,000, personal debts of $14,000, and credit card loans of $7,500. The estimated funeral cost is $6,000. Under the DINK Method, what is the amount of total insurance that Christian would need?
Business
1 answer:
scZoUnD [109]3 years ago
5 0

Answer:

$81,750

Explanation:

The computation of the amount of total insurance is shown below:

= (Home mortgage loan + car loans + personal debts + credit card loans) ÷ 2  + estimated funeral cost

= ($120,000 + $10,000 + $14,000 + $7,500) ÷ 2 + $6,000

= $75,750 + $6,000

= $81,750

Under the DINK method, we simply half of the items except funeral cost

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Answer:

c. both techs

Explanation:

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3 years ago
People's perception of ________ is their judgment that impartial methods were used to determine the consequences an employee obt
Eddi Din [679]

Answer:

Procedural justice.

Explanation:

Procedural justice: It is an act of legal process of checking fairness to resolve dispute. It focus on how authorities interact with common people and how authority´s behaviour are influencing people to follow law and order. It also a process to check crime rate.

There are four pillar to procedural justice:

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3 years ago
Real estate is a great investment for everyone, particularly since the money is more liquid than common stocks. true or false
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4 0
3 years ago
Read 2 more answers
When radio is used as an advertising medium, which of the following statements is usually true. a.Local customers embrace radio
devlian [24]

Answer:

a. Local customers embrace radio advertising.

Explanation:

Advertising is any paid form of non personal presentation and promotion of goods and services which is aimed at promoting immediate sales.

There are several forms of advertisements which are radio, television, news papers and magazines, direct mails, fairs and exhibition, window display, outdoor advertising etc.

Radio advertising is one of the important forms of advertising because it covers wider range and all listeners. Local customers also embrace radio advertisement because they might not have immediate access to other forms like newspaper and magazines.

However, one of the disadvantages of radio advertising is high advertising cost. The messages are also very short and one could barely hear those messages atimes.

7 0
3 years ago
Item 1Item 1 Narchie sells a single product for $50. Variable costs are 60% of the selling price, and the company has fixed cost
Katarina [22]

Answer:

$235,000

Explanation:

The computation fo the safety margin is shown below:

As we know that

Margin of safety = Expected sales - break even sales

where,

Expected sales is

= 29,000 units × $50

= $1,450,000

And, the break even sales is

= Fixed cost ÷ contribution margin per unit

= $486,000 ÷ ($50 - $50 × 0.60)

= $486,000 ÷ $20

= 24,300 units

And, the selling price is $50

So the break even sales is

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= $1,215,000

So, the safety margin is

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3 years ago
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