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qwelly [4]
3 years ago
15

What prohibited trade practice does an agent commit when he lies about policy terms in order to convince a policyholder to cance

l an existing policy in order to buy a new policy
Business
1 answer:
aksik [14]3 years ago
3 0

Answer:

Misrepresentation is the correct answer.

Explanation:

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The units of an item available for sale during the year were as follows:
Assoli18 [71]

Answer:

The ending inventory cost using FIFO is $1,880.

Explanation:

FIFO assumes that the first goods received by the business will be the first ones to be delivered to the final customer.

This means that, any remaining inventory will be valued as if they were the latest goods purchased.

<u>Ending inventory cost calculation :</u>

10 units × $58  =   $580

20 units × $65 = $1,300

Total                 = $1,880

Conclusion :

The ending inventory cost using FIFO is $1,880.

7 0
3 years ago
When the value of the dollar declines in relation to other currencies, it benefits u.s. marketers who?
horsena [70]
All the rest of the counties since when they do currency exchange their value of monewy is higher and they have to pay less

6 0
4 years ago
Kaiser Industries has bonds on the market making annual payments, with 14 years to maturity, and selling for $1,382.01. At this
insens350 [35]

Answer: 12%

Explanation:

A coupon payment on a bond is simply the annual interest payment which the bondholder will get from the bond's issue date till the bond matures. It should be noted that coupons are described in their coupon rate, and this is calculated when one adds the sum of the coupons that are paid per year and then divide it by the face value to f the bond.

Im this case, we are told that Kaiser Industries has bonds on the market making annual payments, with 14 years to maturity, and selling for $1,382.01 and that at this price, the bonds yield 7.5 percent.

Using Excel, the coupon payment will be $120. The coupon rate will now be:

= Coupon payment/Face value

= 120/1000

= 0.12

= 12%

Therefore, the coupon rate is 12%

4 0
3 years ago
Refer to the following selected financial information from Graphics, Inc. Compute the company's times interest earned.Interest e
Westkost [7]

Answer:

9.70 times

Explanation:

The formula and the calculation of the times interest earned ratio is computed below:

Times interest earned ratio = (Earnings before interest and taxes) ÷ (Interest expense)

where,  

Earnings before interest and taxes = Net income after tax + interest expense + income tax expense

=$56,500 + $9,100 + $22,700

= $88,300

And, the interest expense is $9,100

Now place these values in the formula above,

so the ratio would be equal to

= $88,300 ÷ $9,100

= 9.70 times

5 0
4 years ago
Renee contracts with Scott to pay him $25,000 for his work on Renee’s new album "Hip Pop." After Scott performs, they sign an ac
Misha Larkins [42]

Answer:

C) the accord or the original obligation.

Explanation:

Based on the scenario being described within the question it can be said that Scott can sue Renee on the accord or the original obligation. This is mainly due to the fact that Renee did not pay the newer arrangement within the three days, and therefore owes Scott the total amount of $25,000 as was agreed by both in the original contract, but since Scott also agreed on the $21,000 he can decide which he would want to sue for.

7 0
3 years ago
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