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
ycow [4]
3 years ago
6

Your variable annuity has a mortality and expense risk charge at an annual rate of 1.25 percent of account value. Your average a

ccount value during the year is $46,000. What are your mortality and expense risk charges for the year?
Business
1 answer:
tester [92]3 years ago
6 0

Answer:

$575

Explanation:

To determine the mortality and expense risk charges for the year all you have to do is multiply your average account value times the fee rate:

mortality and expense risk charges = $46,000 x 1.25% = $575

The same logic applies to calculate all the fees charged including administrative fees.

You might be interested in
Malden corporation has assets of $1,000,000 and liabilities of $400,000. What is its stockholder equity balance?
Mumz [18]

$600,00 is the Stakeholder Equity Balance.

Stakeholder Equity Balance  = Total Assets - Total Liabilities

                                                 = $1,000,000 - $400,000

                                                 = $600,000

<h3>What is Stakeholder Equity?</h3>

The balance sheet account for stockholders' equity, sometimes referred to as shareholders equity is made up of share capital plus retained earnings. It also symbolizes the difference between the value of assets and obligations. Assets = Liabilities + Stockholders Equity is the original accounting formula, however, it can also be written as

Stockholders Equity = Assets - Liabilities.

Components of the stakeholder Equity are:

  • Share Capital is the term used to describe funds that the reporting company receives from transactions with its owners.
  • Retained Earnings are income-derived quantities also known as Accumulated Other Comprehensive Income and Retained Earnings (for IFRS only).
  • Dividends and Net Income: Dividend payments lower retained profits while net income increases them.

Therefore, $600,000 is the stakeholder equity balance.

For more information on Stakeholder Equity balance, refer to the given link:

brainly.com/question/24601429

#SPJ4

5 0
2 years ago
One of the advantages of target costing is that it specifically considers the probable market price for the product.
dem82 [27]

Answer:

TRUE

Explanation:

This is because the goal of target costs is driven by the market price and customer satisfaction.

6 0
3 years ago
polska, incorporated, is obligated to pay its creditors $9,300 during the year. what is the value of the shareholders’ equity if
gizmo_the_mogwai [7]

Total assets=Total liabilities+ Total equity

=> Total equity= total asset - total liabilities

a. Share holders equity=(11100-9300)= $1800

b. Share holders equity=(8700-9300)= -600 ~ 0

Rounded -600 to nearest whole number, that is 0

<h3>What are shareholders?</h3>

A shareholder may be a individual or institution that has contributed cash in a enterprise in trade for a “share” of the possession. That proprietorship is spoken to by common or preferred offers issued by the company and held (i.e., claimed) by the shareholder. The shareholders are the proprietors of the company and give money related backing in return for potential profits over the lifetime of the company.

To learn more about shareholder, visit;

brainly.com/question/15186298

#SPJ4

6 0
1 year ago
Why would you want to limit your borrowing when making economic decisions ?
Yanka [14]

Answer:

so they can end up spending less on interest payments and credit card fees.

Explanation:

4 0
3 years ago
A cost that remains unchanged in total despite variations in volume of activity within a relevant range is a
4vir4ik [10]
A cost that remains unchanged in total despite variations in the volume of activity within a relevant range is a fixed cost. The fixed cost is a type of cost behavior which remains unchanged regardless of the unit or activity changes in a production process<span>. There are four types of cost behavior, which are the fixed cost, the variable cost, the mixed cost, and the step cost.</span>
8 0
3 years ago
Read 2 more answers
Other questions:
  • If a country suffers from inflation, changes in will reflect changes in the price level in addition to any changes in output and
    15·1 answer
  • Valuing assets at their fair value rather than at their cost is inconsistent with the: periodicity assumption. full disclosure p
    12·1 answer
  • Which type of employee is most likely to report ethical issues in the workplace? rank and file. middle managers. executives. tem
    6·1 answer
  • Many accounting professionals are skilled in financial analysis, but most are not skilled in manufacturing. This is especially t
    5·1 answer
  • Harris Inc. has EBIT of $1,500 and debt of $5,000 on which it pays 12% interest. Its EPS is currently $2.35 per share. Managemen
    12·1 answer
  • Suppose the Federal Reserve sets the reserve requirement at 12 percent, banks hold no excess reserves, and no additional currenc
    13·1 answer
  • Assume the following for the town of Boone: it has a total population of 40,000 people, of which 1,000 are under 16 years of age
    10·1 answer
  • Last year Lawn Corporation reported sales of $115,000 on its income statement. During the year, accounts receivable decreased by
    15·1 answer
  • Would workers' compensation cover a pizza delivery person who was injured in a car accident while delivering pizza? Explain your
    12·1 answer
  • Which method for counting gross domestic product focuses on the money paid for all the factors of production as well as profits
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!