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3 years ago

Why do you need life insecure?

Business

2 answers:

kati45 [8]3 years ago

4 0

Answer:

You need life insurance so in case of a event such as death your family will not carry the burden of your debts and payments because they would automatically be paid off with a Life Insurance Policy

USPshnik [31]3 years ago

4 0

To providing income to cover everyday living expenses, your family needs insurance to cover any outstanding debts, like the mortgage, credit cards and car loans. Other expenses include funeral and burial costs that can easily run into the tens of thousands of dollars.

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Give me atleast 2 question about mice industry

kondor19780726 [428]

Answer:

1.How has the growing economy contributed to the growing mice industry?

2.Why does nobody know the size of mice market?

5 0

3 years ago

Read 2 more answers

Four financial statements are usually prepared for a business. The statement of cash flows is usually prepared last. The retaine

riadik2000 [5.3K]

Answer:

a) I, RES, B

Explanation:

Mainly there are four types of financial statements i.e Income statement, statement of retained earning, balance sheet and the cash flow statement

In the income statement, the total revenues and the total expenses are recorded.

If the total revenues are more than the total expenditure then the company earns net income .And, If the total revenues are less than the total expenditure then the company have a net loss

This net income or net loss would reflect in the statement of the retained earning account.

The statement of retained earning represent the beginning balance, net income or net loss and dividend amount. These items are used to calculate the ending balance of the retained earning account.

In the balance sheet, the assets, liabilities, and stockholder equity is recorded. In this the accounting equation is used which is shown below:

Total assets = Total liabilities + stockholder equity

The debit and credit side of the balance sheet should always be equal and balanced.

Moreover, it always is prepared on the specified date.

The cash flow statement involves three activities i.e operating, investing and the financing activities

1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.

2. Investing activities: It records those activities which include purchase and sale of the fixed assets

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.

Hence, option a is correct

4 0

3 years ago

Morgan is the manager of a local circuit city and has put up signs promoting the store's frequent shopper card program. morgan's

inessss [21]

That would be a programmed decision.

3 0

3 years ago

If the demand curve for coconut oil is expressed as Q=1200-10p+16p_p+0.2Y, where Q is the quantity of coconut oil demanded in th

lbvjy [14]

Answer:

$\frac{\Delta Q}{\Delta Y} \frac{Y}{Q}=0.2\frac{501}{1300}=0.077$

Explanation:

To find the income elasticity we first must recall the formula

$\eta_{q,y}=\frac{\Delta Q}{\Delta Y} \frac{Y}{Q}$

which is the percentage change in quantity when income increases in one percent.

From the demand curve we can find $\frac{\Delta Q}{\Delta Y}$ by taking derivative of Q with respect to Y: $\frac{\Delta Q}{\Delta Y} =0.2$

Next we need to know what is the income at the equilibrium quantity of 1300, which we can back out from the data given in the question

$Q=1200-10p+16p_p+0.2Y$

$1300=1200-10\times .50+16\times .30+0.2Y\\100+5-4.8=0.2Y\\Y=\frac{100.2}{0.2}=501$

Then

$\eta_{q,y}=\frac{\Delta Q}{\Delta Y} \frac{Y}{Q}=0.2\frac{501}{1300}=0.077$

8 0

3 years ago

Nick wants to buy a new car, and is planning to borrow the money for his purchase from a bank. He read in the newspapers that th

Anna [14]

Answer:

True

Explanation:

Economic stimulus refers to change in monetary or fiscal policies by the Federal Reserve with growth as an objective. One of the ways of implementing economic stimulus is lowering of interest rates by the Fed.

Lowering of interest rates by the Fed would have an effect on loans availed by the public. The quantity of loanable funds shall increase which would lead to lowering of interest rates charged by the banks.

In the given case, Nick stands to gain in the sense he can avail car loan at a lower rate of interest than currently offered, if he waits for Fed to implement it's new policies.

Thus, the given statement is true.

5 0

3 years ago