Answer:
The correct answer is number (1): double indemnity provision.
Explanation:
A double indemnity provision is added in life insurance to double the amount the beneficiaries of the policyholder receive in front of his or her death in an accident. Double indemnity provision does not cover events in which the policyholder dies because of natural reasons or when those individuals had hazardous jobs. Premiums are higher with a double indemnity provision.
Answer: The process of leading.
Explanation: The process of leading, administrating and directing a company. Business tasks often performed by corporate management might include strategic planning, as well as managing company resources and applying them toward attaining the company's objectives.
Answer:
B. Switching
Explanation:
Based on the information provided within the question it can be said that the term that would best describe Carla's behavior would be Switching. This is when a customer changes from one product or service provider to another completely different one within the same industry. Usually because of a bad experience or they are overall displeased with the service provided, which seems to be the case with Carla's first haircut.
Answer:
Ranking 10% interest rate:
1) 5 years
2) 10 years
3) 1 year
Raking 2% interest rate:
1) 10 years
2) 5 years
3) 1 year
Raking 18% interest rate:
1) 1 year
2) 5 years
3) 10 years
Explanation:
You have to apply to bring the amount of money to present value, according with the information, the formula is the next:
Present Value = Future Value/((1+ interest rate)^(n))
Where n is the number of years that you have to wait to receive the money.
You have to calculate every situation with the respective amount of time and interest rate, the result must be money. and when you get the 9 results, you have to compare every situation and chose the higher amount of money according to the interest rate, for example:
Present value = 140/ ((1+10%)^(1))= 127
= 140/ ((1+10%)^(5))= 149
= 140/ ((1+10%)^(5))= 135
So the answer for the first scenario with an interest rate of 10% is:
Ranking 10% interest rate:
1) 5 years
2) 10 years
3) 1 year
Answer:
Mapleleaf Industries
Journal Entry
Debit Cash Dividend $40,800
Credit Dividends Payable $40,800
To record the declaration of $0.85 per share cash dividend.
Explanation:
This journal entry shows the two accounts involved and how they are recorded when a cash dividend is declared (declaration date).
Calculation of cash dividends is based on 48,000 shares of common stock outstanding and not on the issued shares nor the authorized. Usually, dividends are only payable to shareholders of record, who appear on the register of the company as holders of the shares on the specified date (date of records).
So, the divided equals $40,800 (48,000 x $0.85).
