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sergeinik [125]

3 years ago

14

A universal life policy has a death benefit of $125,000 and a cash accumulation value of $15,000. Generally, what will happen to

the policy if there is a $5,000 partial withdrawal

1 answer:

GrogVix [38]3 years ago

7 0

Answer:

The death benefit or cash accumulation will be reduced by the partial withdrawal.

Explanation:

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Your Company makes and sells a single product. Each unit sells for $32 dollars and has a unit variable cost of $20. The company

andre [41]

Answer:

Your Company

The cash that must be borrowed to cover all cash disbursements and to obtain the required November 30 cash balance is:

= $18,000.

Explanation:

a) Data and Calculations:

Selling price per unit = $32

Variable cost per unit = $20

Contribution margin per unit = $12 ($32 - $20)

Beginning cash balance on November 1 = $45,000

Cash disbursements = $1460,000

Depreciation expense = $35,000

Minimum required cash balance on November 30 = $75,000

Budgeted sales units for November = 46,000

Sales revenue (cash) = $1,472,000 (46,000 * $32)

Variable costs = 920,000 (46,000 * $20)

Contribution margin = $552,000 (46,000 * $12)

Cash Budget

For the month of November

Beginning cash balance $45,000

Total cash collections = 1,472,000

Cash available $1,517,000

Cash disbursements (1,460,000)

Cash balance $57,000

Cash to borrow 18,000 ($75,000 - $57,000)

Minimum cash balance $75,000

3 0

3 years ago

Cassie is going to join a gym because new membership is very cheap. When she gets there, she discovers that there are added cost

siniylev [52]

Available options are:

a. Normative influence

b. Door-in-the-face

c. Foot-in-the-door

d. Lowballing

Answer:

Option D. Lowballing Strategy

Explanation:

Lowballing strategy is when an organization advertises its low cost product or service and doesn't advertises the hidden costs to attract customers. The customer when interacts the company the sales team most likely make sales due to their experience. Such type of marketing products is common in printers whose cost is kept low whereas the tuner price is kept high which helps them to earn profit.

8 0

3 years ago

In a proposal, where should you introduce the problem, need, or opportunity you'll address?

natita [175]

In the opening as the introduction is the place where introduce the problem, need, or opportunity that will address by the person, in a proposal.

<h3>What does it mean to write a proposal?</h3>

A proposal is a document that, technically speaking, tries to persuade the reader to adopt a plan or project that is being provided. For their operations to be successful and to land new contracts, the majority of firms rely on persuasive proposal writing.

A person can observe that a proposal frequently contains the following: a brief explanation of the problem, the suggested solution, the costs involved, and the benefits.

Thus, In the opening as the introduction is the place.

For more details about write a proposal, click here:

brainly.com/question/1341280

#SPJ4

5 0

2 years ago

Primare Corporation has provided the following data concerning last month’s manufacturing operations.

musickatia [10]

Explanation:

Primare Corporation

Cost of Goods Manufactured

Beginning work-in-process inventory $56,000

Manufacturing costs:

Direct materials:

Beginning inventory $12,000

Purchases $30,000

Materials available $42,000

Less: Ending inventory -$18,000

Direct materials used $24,000

Less:Indirect materials included in manufacturing overhead -$5,000

Other manufacturing costs

Direct labor $58,0000

Manufacturing overhead applied to work in process $87,000

Less: Ending work-in-process $65,000

Cost of goods manufactured $155,000

b. Primare Corporation

Cost of Goods Sold

Beginning finished goods inventory $35,000

Add: Cost of goods manufactured $155,000

Finished goods available for sale $190,000

Less: Ending finished goods inventory -$42,000

Unadjusted cost of goods sold $148,000

Add: Under applied overhead $4,000

Cost of goods sold $152,000

5 0

3 years ago

There are five basic steps to personal financial planning and their related tasks. Arrange these steps and examples of related t

svp [43]

Answer:

B. Evaluate your financial health. Record all expenses for a month to compare income and expenses.

D. Define your financial goals. Pay off credit card(s) by the end of this school term.

A. Develop a plan of action. Develop a budget matching income and projected expenses for the remainder of this academic year.

E. Implement the plan. Reduce expenses in problem areas so amounts do not exceed budgeted projections.

C. Review progress on the plan, reevaluate the plan, and revise the plan or start over with a new one. Based on this year, develop a revised budget for next year based on projected income and expenses.

Explanation:

The five basic steps of financial planning are evaluate, define, develop, implement, and review, or EDDIR for short. It basically by knowing your current position and defining how you want to be in the future. Then you must develop a plan and try to implement that plan. After some prudent time, you should go back and review if the plan was successful or not.

5 0

4 years ago