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Nataly_w [17]
3 years ago
13

One element in preparing a financial plan for a client is to determine the appropriate type and amount of life insurance. If a c

lient is conservative, 30 years old, and married with 2 young children, whose income is unpredictable, the IA may recommend what type of life insurance policy?
Business
1 answer:
Kruka [31]3 years ago
6 0

Answer:

Permanent Life Insurance Policy

Explanation:

Permanent Life Insurance Policy is a flexible insurance policy that allows policy holders to borrow from their insurance policy (policy loan). Furthermore, withdrawal up to the total premium amount paid into the policy is allowed.

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Is unemployment always bad for an economy? please explain lots if info​
tankabanditka [31]
Employment is the key factor for a country’s growth. For an example, if a person is unemployed and don’t have money to spend on his necessities. Such as, food, cloth, travelling etc. which means the companies who provide these goods and services will go in loss. because nobody has enough potential to buy it. which means goods demand will start to decline. Further, if we start import and export business than we have to pay extra money to get the same services. which will drop the value of currency.
8 0
3 years ago
The Business Auto Coverage Form is intended for which of the following businesses? Select all that apply.
Karolina [17]

Answer:

A) Owned private passenger autos

B) Mobile equipment registered to drive on public roads

D) Automobiles owned by employees used for business purposes

Explanation:

Business Auto Coverage Form  is used to cover a company's autos, trucks, trailers, semitrailers and mobile equipment that are owned or used by the company.

It also covers vehicles that are not owned by the company but are used by the company's employees while doing business related activities, e.g. automobiles owned by employees and used for business activities.

It only covers mobile equipment that is registered to drive on public roads, e.g. cranes, drills, shovels, tractors, etc.

4 0
3 years ago
McKinnon Enterprises owns a professional ice hockey team, the Rockford Penguins. The company sells season tickets for its upcomi
lesantik [10]

Answer:

$320,000

Explanation:

Since the season starts in January and lasts until June, by April 30 the balance of the deferred revenue (or unearned revenue account) would be =  $960,000 - {($960,000 / 6) x 4} = $960,000 - $640,000 = $320,000

The journal entries should be:

Accumulated tickets until December 31

Dr Cash 960,000

   Cr Deferred (Unearned) revenue 960,000

By April 30th, the adjusting entry should be:

Dr Deferred (Unearned) revenue 640,000

    Cr Ticket revenue 640,000

7 0
3 years ago
S corporation shareholders are subject to self-employment tax on business income allocations from the S corporation if they are
Mila [183]

Answer:

The statement is false

Explanation:

S corporations are pass through corporations, which means income earned is passed to the owners and they are taxed at individual level.

Shareholders of S corporation earns income in the form of wages and distributions. Wages are charged with payroll taxes. S corporation shareholders are not subject to self-employment taxes which is an advantage for them.

Therefore, the statement is false

3 0
4 years ago
Employees of a democratic leader feel like they have a
andreyandreev [35.5K]

B) voice because in the democracy it is for the people so the people's voice are heard

3 0
3 years ago
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