1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ivanzaharov [21]
3 years ago
14

HELP! ASAP!! Ben helps people choose the right insurance policy and sets up their policies. He is:

Business
1 answer:
wlad13 [49]3 years ago
6 0

Answer:

The correct answer would be A, An Insurance Agent.

Explanation:

An Insurance agent is an agent who helps people choose the right insurance policy and sets up their policies. Insurance Agent can be an independent person selling Insurance policies for commission or can be an employee of the insurer company. This person acts as an agent and help people in deciding which policy to choose according to their needs and wants. He also sets up their policies. For example, if a person is married and has children, the insurance agent may ask him to choose the education insurance for his children. He may also ask him to pick the life insurance policy to get him family secured after his demise. So an insurance agent not only helps people choose their policies but also helps them set up.

You might be interested in
On December 31, 2020, Wayne, Inc. sold $4,000,000 (face value) of bonds. The bonds are dated December 30, 2020, pay interest ann
Andreas93 [3]

Answer:

Wayne, Inc.

1. The stated interest rate for this bond issue is:

= 8%.

2. The market interest rate for this bond issue is:

= 9%.

3. The selling price of the bonds as a percentage of the face value is 97.5% ($3,900,000/$4,000,000 * 100)

4. Journal Entry to record the sale of the bond issue on December 31, 2020:

December 31, 2020:

Debit Cash $3,900,000

Debit Bonds Discounts $100,000

Credit Bonds Payable $4,000,000

To record the bonds proceeds, discounts, and liability.

5. December 31, 2021:

Debit Bonds Interest Expense $351,000

Credit Bonds Amortization $31,000

Credit Cash $320,000

To record the first payment of interest and amortization.

Explanation:

a) Data and Calculations:

Face value of bonds = $4,000,000

Bonds price = $3,900,000

Discount =   $100,000

December 31, 2021:

Interest expense = $351,000

Market interest rate = $351,000/$3,900,000 * 100 = 9%

Cash payment =     $320,000

Coupon interest rate = $320,000/$4,000,000 * 100 = 8%

7 0
3 years ago
The phs regulations about financial conflict of interests require which party to disclose significant financial conflicts of int
nikitadnepr [17]
The PHS regulations about financial conflict of interest require INVESTIGATORS to disclose significant financial conflict of interest.  
The PHS requires that for each proposal submitted to that agency, the principal investigator and any other person regardless of their positions and titles, who are responsible for the conduct and the design of the experiment should certify that appropriate significant financial disclosure has been made.
8 0
3 years ago
Read 2 more answers
Which of the following pieces of information is NOT commonly collected on a job application?
laila [671]

Answer:

The answer to this question is A

8 0
3 years ago
Pension plan assets were $1,200 million at the beginning of the year and $1,252 million at the end of the year. At the end of th
FromTheMoon [43]

Answer: 4%

Explanation:

From the question, we are informed that Pension plan assets were $1,200 million at the beginning of the year and $1,252 million at the end of the year and that at the end of the year, retiree benefits paid by the trustee were $28 million and cash invested in the pension fund was $32 million.

Based on the above scenario, the percentage rate of return on plan assets goes thus:

Opening balance of plan assets 1200

Add:- Actual return = 48

Add:- contributions = 32

Less :- retiree benefits = -28

Closing balance of plan assets = 1252

It should be noted that the actual return is the balancing figure which is calculated as:

= 1252 + 28 - 1200 - 32

= 48

The percentage rate of return on plan assets will now be:

= 48/1200

=0.04

= 4%

4 0
3 years ago
It is NOT ethical to refer clients: Group of answer choices when the client's issue is out of the counselor's scope of work. whe
Virty [35]

Answer:

Based solely on a difference of values between the counselor and the client.

Explanation:

Referral is defined as the situation were counselors make recommendations of where else a client might seek treatment. This can happen if counselors cannot accept the client for some reason or if the client's needs have changed. Something that must be said is that the reasons must be appropriate, and a difference in values is not.

3 0
3 years ago
Other questions:
  • Which of the following types of accounts have a normal credit balance? a.Capital and drawing b.Assets and liabilities c.Revenues
    13·1 answer
  • Jones Company purchased a piece of equipment for $12,000. It has accumulated depreciation at the end of three years of $4,000. W
    13·1 answer
  • The reserve maintenance fund consists of: A monies to pay for extraordinary maintenance or replacement costs B monies to pay for
    6·1 answer
  • An individual owns a bicycle repair business as a sole proprietorship. He does not make a lot of money, but he does have $5,000
    14·1 answer
  • The Maybe Pay Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $25,000 per year fo
    12·1 answer
  • Fluno Corporation has 1 million shares outstanding at the end of fiscal 2005. Its stock is trading at $15 per share. It issued $
    9·1 answer
  • Using the information below for Sundar Company; determine the total manufacturing costs added during the current year:
    6·1 answer
  • The best cooling methods include all the following except
    15·2 answers
  • Sole Purpose Shoe Company is owned and operated by Sarah Charles. The company manufactures casual shoes, with manufacturing faci
    7·1 answer
  • Van Hookie, Inc. issued bonds with a maturity amount of $200,000 and a maturity ten years from the date of issue. If the bonds w
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!