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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
Business
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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Answer:

The answer is Letter C

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4 0
3 years ago
Gelb Company currently manufactures 49,500 units per year of a key component for its manufacturing process. Variable costs are $
kirill [66]

Answer:

Incremental cost= $61,875

Explanation:

Giving the following information:

Gelb Company currently manufactures 49,500 units per year of a key component for its manufacturing process. Variable costs are $5.15 per unit, fixed costs related to making this component are $75,000 per year, and allocated fixed costs are $70,500 per year. The allocated fixed costs are unavoidable whether the company makes or buys this component. The company is considering buying this component from a supplier for $3.90 per unit

We need to determine whether it is more convenient to produce the component or outsource it. We will only consider the relevant costs, therefore the fixed costs will not be taken into account.

Make in house:

Cost= 49,500*5.15= $254,925

Buy:

Cost= 49,500*3.90= $193,050

Incremental cost= 254,925 - 193,050= $61,875

8 0
3 years ago
On January 1, 2019, Eagle Company borrows $18,000 cash by signing a four-year, 9% installment note. The note requires four equal
sasho [114]

Answer:

I prepared the attached excel spreadsheet because there is not enough room here. The first payment is made on December 2019.

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The tragedy of the commons effect describes a condition within a shared-resource system where each user act freely according to their own self-interest, but their collective actions ends in the depletion or spoilage of that resource, thus having a negative impact on the common good of all users. In this case, commons is taken to refer to the clam resources.

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Jamie is 42 years old and received a $20,000 distribution for his roth ira established in 2009. at the time of distribution, the
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