Answer:
The value of the policy assuming the proposed rates is 142,769.63
Explanation:
Time line:
<--/--/--/--/--/--/----------------------------------------------------------//-->
We have 6 payment and then, a lump sum capitalize until age 65
First we calculatethe value up to the end of the six year:
First year:
Amount 1,576.47
Second year:
Amount 1,446.31
Third Year:
Amount 1,468.04
Fourth year:
Amount 1,346.83
Fifth year:
Amount 1,354.43
Six year:
Amount 1,242.60
Sum at the end of the six year: 7,080.25
<u>Then this capitalize up to 65 birthday:</u>
from the seventh birthday up to the 65th birthday
65 - 7 = 58 years
Principal 8,426.68
time 58.00
rate 0.05000
Amount 142,769.63
Answer:
The classic explanation of the advantages of high retained profit is that they: increase stock value. assure corporate stability. provide funds for research and expansion without increasing corporate debt.The portion of profits not distributed among the shareholders but retained and used in business is called retained earnings. It is also referred to as ploughing back of profit. This is one of the important sources of internal financing used for fixed as well as working capital.
Answer:
It is convenient to make the changes.
Explanation:
Giving the following information:
Selling price= $57.60 per unit.
Direct materials= $22
Direct labor= $24
Variable overhead= $11.00
Fixed overhead= $11.00.
New costs:
Direct material cost= 22*1.2= $26.4
Direct labor cost= 24*1.2= $28.8
<u>I suppose that the selling price will increase by $40.</u>
To determine whether the changes increase profit or not, we need to calculate the unitary contribution margin per unit for both options:
Contribution margin= selling price - unitary variable cost
Actual Contribution margin:
Contribution margin= 57.6 - (22 - 24 - 11)= 0.6
New contribution margin:
Contribution margin= 97.60 - (26.4 - 28.8 - 11)= $31.4
Answer:
"GPS technology may accidentally leak confidential information about the location."
Explanation:
A good case in point was a watch tracking service that leaked classified GPS coordinates of our military servicemen and women's location. It jeopardized our ability to effectively operate in a foreign land without notice of occupied territory.
In this question, it places our military and journalists at risk because they know where they are at and so forth.
Answer and Explanation:
The computation of the reserve requirement is given below;
Required reserves is
= Deposits - loans - excess reserves
= $400 - $362 - $6
= 32 million
And,
Required reserve ratio is
= Required reserves ÷ Deposits
= 32 ÷ 400
= 8%
In this way, it should be determined so that the correct value & percentage could come
