Answer:
the net sales for the two months is $2,448
Explanation:
The computation of the net sales for the two months is shown below:
= Sale made on Jan 6 + sale made on Jan 6 + sales made on Feb 28 - discount on sale made on Jan 6
= $1,400 + $690 + $400 - ($1,400 × 3%)
= $2,490 - $42
= $2,448
hence, the net sales for the two months is $2,448
The same is to be considered
Answer:
The capitalized cost is $ 84,667.20
Explanation:
First of all please note that the cost of $ 75,000 is already the present cost.
The cost of $3200 which occurs every 3 years can be converted into a value using factor A/F for one life cycle.
The capitalized cost then can be calculated as follows
:
CC = $ 75,000 + $ 3200(A/F, 10%, 3 years)/interest
CC = $ 75,000 + $ 3,200(0.3021)/0.1
CC = $ 75,000 + $ 9,667.2
CC = $ 84,667.20
T applies for a life insurance policy and is told by the producer that the insurer is bound to the coverage as of the date.
The correct answer is "Conditional receipt". A conditional receipt binds the insurer to coverage as of the date of the application or medical exam, provided the proposed insured is determined to be an acceptable risk.
Under a conditional receipt, the applicant and the insurance agency shape a "conditional" settlement this is contingent upon the situations that existed when an utility or medication exam is finished. It provides that the applicant is included right now as long as they bypass the insurer's underwriting requirements.
How is a conditional receipt nice described?
A conditional receipt is a document given to someone who applies for an coverage contract and has provided the preliminary top rate payment. This receipt manner that the character can handiest be insured if she or he meets the standards of insurability and is given approval by the insurance company.
How does a conditional receipt vary?
The distinction among a conditional binding receipt and a straightforward binding receipt is that a straightforward binding receipt requires the insurance organization to pay the dying gain as soon as the primary premium receives paid, whether or not the applicant is in the end approved or no longer. Conditional binding receipts are common.
Learn more about conditional receipt here :- brainly.com/question/14332118
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Aww im truly sorry about that let me know if i can help
Answer: Donating food to needy communities, and clothes
Explanation: The fabric of society
