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
JulsSmile [24]
3 years ago
10

Under one life insurance marketing system, agents conduct sales interviews at the workplace with the approval of the management

of the business. There are few direct costs to the employer, and this marketing system is especially appropriate for low-income and middle-income workers. This life insurance marketing system is called the___
Business
1 answer:
AlexFokin [52]3 years ago
8 0

Answer: Worksite Marketing

Explanation: Worksite marketing is described as distribution of financial service to employees of a company by the their employer. The employer facilitate and approved this marketing to his staff to patronized its product.

Worksite marketing have to be approved by management of a business before it is allow to take place in the business premise. Insurance company mostly practice this marketing, selling their life insurance policies to their staffs.

You might be interested in
The following is a condensed version of the comparative balance sheets for Sweet Corporation for the last two years at December
notsponge [240]

Answer:

Cash flow from operating activities

Net income                                                      $352,000

<u><em>Adjustment to reconcile net income to </em></u>

<u><em>net Cash flow from operating activities</em></u>

Depreciation expense                                    $26,350

Loss on investment sold                                 $15,500

Decrease account receivable                         $7,750

Decrease current liabilities                            <u>-$26,350</u>

Net cash flow from operating activities                              $348,250

Cash flow from investing activities

Sale of investment                                           $12,100

Purchase of equipment                                 -<u>$89,900</u>

Net cash used investing activities                                       -<u>$77,800</u>

Cash flow from financing activities

Dividend paid                                                  -$66,000  

Net cash used financing activities                                       -<u>$66,000</u>

Net cash increase (decrease)                                              $204,450

Beginning Cash                                                                     <u>$120,900</u>

Ending Cash                                                                          <u>$325,350</u>

6 0
3 years ago
Question 3: Sam’s Retails has the following data available as of 30 June 2019. Required: From the data, establish an income stat
sammy [17]

Answer:

Please refer explanation and attachment

Explanation:

The income statement has been provided in attachment 1 and balance sheet in attachment 2. Unfortunately, due to lack of information such as depreciation, lease details and mortgage payments, the balance could not be tallied. However, all information provided has been used to derive the results shown.

8 0
3 years ago
Scampini Technologies is expected to generate $175 million in free cash flow next year, and FCF is expected to grow at a constan
White raven [17]

Answer:

the stock value per share is $53

Explanation:

The computation of the stock value per share is shown below:

Value of operations = Free cash flows ÷ ( Capitalization Rate - growth rate )

= $175 Million ÷ ( (10% - 4%)

= $2,917  

Now stock value per share is

= $2,917 ÷  55 million shares

= $53 per share

Hence, the stock value per share is $53

8 0
3 years ago
2. In a recent large PowerBall lottery, the prize was reported to be worth $590 million, which could be taken in 25 equal annual
deff fn [24]

Answer:

5.5%

Explanation:

This is an Annuity Due question. In an annuity due, recurring payments occur at the beginning of the yearIt is asking for the RATE. Using a financial calculator(on BEG mode), input the following;

Duration; N = 25

Recurring payment; PMT = 23.6

Present value ; PV = -334

One-time future cashflow; FV = 0

Then compute the interest rate; CPT I/Y = 5.499%

Therefore, the lottery commission is using about 5.5% interest rate.

3 0
4 years ago
Given the following information, prepare in good form an income statement for the Dental Drilling Company. (Input all amounts as
7nadin3 [17]

Answer:

Dental Drilling Company's Income Statement for the year shows Net Income of $56,000.

Please note that:

  • figures in bracket represent negative values
  • solution in excel format is attached for your reference

Explanation:

                                            Dental Drilling Company

                                                Income Statement

Sales                                                                    $489,000  

Less: Cost of Goods Sold                                    $(156,000)

Gross Profit                                                             $333,000  

 

Less: Expenses  

Selling and Administrative Expenses                     $(112,000)

Depreciation Expenses                                             $(73,000)

 

Earnings before Interest and Tax                      $148,000  

 

Less: Interest Expense                                             $(45,000)

 

Earnings Before Tax                                              $103,000  

 

Taxes                                                                     $(47,000)

 

Net Income                                                              $56,000  

Download xlsx
7 0
3 years ago
Other questions:
  • Which of the following options has drastically reduced the costs of operating and transacting on a global​ scale?
    7·1 answer
  • Groundswell Industries, a U.S.-based large conglomerate, competes in the hospitality, education, telecommunications, entertainme
    12·1 answer
  • During a one-month promotional campaign, tiger films gave either a free dvd rental or a 12-serving box of microwave popcorn to n
    11·1 answer
  • The Fisher Company will produce 50,000 10-gallon aquariums next year. Variable costs will equal 40% of dollar sales, while fixed
    6·1 answer
  • What happens when a bond becomes due? AThe issuer will pay you back, minus interest. BYou pay it back to the issuer, minus inter
    10·1 answer
  • Jorge has $300 for work he performed. He expects to spend the money in the next few weeks to buy a new bike. Which type of accou
    12·2 answers
  • Individual visits to college campuses usually provide opportunities for all the following except
    13·2 answers
  • Lindsey Hunter Corporation is authorized to issue 50,000 shares of $5 par value common stock. During 2020, Lindsey Hunter took p
    15·2 answers
  • An automobile giant headquartered in the United States sells high-end bikes across the world. It wants to enter an emerging mark
    14·1 answer
  • A) What do you understand by the term qualitative research?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!