Charles' human life value will be $249,200.
<h3>
What is the process of calculating life value?</h3>
The process of calculation of life value in an insurance is that first of all determine the current income and than subtract the expense, premiums of insurance, and payment of income tax. The third step is recall the number of years of earning which are remaining before the age of retirement .The life value is an economic value which is used to judge the benefit for the reason of avoiding the rate of fatality.
The third step is recall the number of years of earning which are remaining before the age of retirement and than find the discounting factor rate including inflation.The life value is an economic value which is used to judge the benefit for the reason of avoiding the rate of fatality.
Therefore, Charles' human life value will be $249,200.
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Answer:
It is to buy a call (A)
Explanation:
Entering a counter position to buy call option at an agreed price with the expectation of increase in stock price will better position the company to mitigate against unfavorable rises in the market share price . The gain realized from the call option will off-set the actual loss from increase in share price.
Answer:
C. Liabilities
Explanation:
Financial accounting can be defined as the field of accounting involving specific processes such as recording, summarizing, analysis and reporting of financial transactions with respect to business operations over a specific period of time.
Owner's equity is simply what a person owns outrightly and it is also referred to as net worth. It can be defined as the value of financial and non-financial assets owned by a person minus the total outstanding liabilities or debts of that person. Simply stated, owner's equity refers to the difference between the amount a person own (asset) and the amount owed (liability).
Mathematically, net worth is given by the formula;
Making liabilities the subject of formula, we have;
In Financial accounting, liability can be defined as the amount of money being owed by an individual or organization to another.
Simply stated, liability is a debt being owed and as such it usually has "payable" in its account title on the balance sheet.
Generally, liabilities are recorded on the right side of the balance sheet and it comprises of financial informations such as warranties, bonds, loans, deferred revenues, mortgages, account payable etc.
Hence, Assets minus Owner's Equity is equal to Liabilities.
Answer:
183.00%
449.15%
Explanation:
The computation of annual percentage rate and the effective annual rate shown below:
Annual percentage rate is
= Interest rate per month × Total Number of months in a year
= 15.25% × 12 months
= 183.00%
The effective annual rate is
= (1 + nominal interest rate ÷ periods)^ number of period - 1
= (1 + 15.25% ÷ 12)^12 - 1
= 449.15%
Demand function: Q = 48 - 2P
a) 2P = 48 - Q
Therefore the inverse Demand function is
P = 24 - Q/2
b) P = 24 - Q/2
Total Revenue = PQ = (24 - Q/2)*Q
TR = 24Q - Q2/2
MR = differentiating TR with respect to Q
MR = 24 - Q
We know a firm will maximize profit at MR = MC
TC = 6 + 3Q + Q2
MC = 3 + 2Q
Putting MR = MC, we have
24 - Q = 3 + 2Q
24 - 3 = 2Q + Q
21 = 3Q
Q = 21/3 = 7
Q = 7
Putting the value of Q in the equation P = 24 - Q/2
P = 24 - 7/2
P = 24 - 3.5
P = 20.5
Therefore the profit-maximizing output is 7 and the price is $20.5
c) TR = PQ = 20.5*7 = $143.5
TC = 6 + 3Q + Q2 = 6 + 3*7 + 7*7 = 6 + 21 + 49 = $76
Profit = TR - TC = 143.5 - 76 = $67.5
Therefore the firm's maximum profit is $67.5
d) a) entry will occur until profits are zero
In the long run, more and more firms will enter the market and the economic profit will be zero in the long run.
In economics, a Demand function is a graph depicting the connection between the price of a sure commodity and the amount of that commodity that is demanded at that fee. call for curves may be used both for the price-amount courting for a person client, or for all purchasers in a selected marketplace.
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