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vaieri [72.5K]
3 years ago
13

Over the years Rianna paid $65,000 in premiums on a life insurance policy with a face value of $100,000. Upon reaching 65, while

still in good health, Rianna surrendered the policy and collected $95,000. In the year of collection, Rianna will report
Business
1 answer:
viktelen [127]3 years ago
6 0

Answer: $30,000 of taxable income

Explanation:

Rianna will pay $30,000 of taxable income.

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3 years ago
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Danny recently started revising his résumé after his managers failed to give him a pay raise that he felt would rightly compensa
Alekssandra [29.7K]

Answer: (E) Distributive Justice

Explanation:

 The distributive Justice is one of the type of concept that helps in illustrating the concept of distribution or allocation of the various type of goods and the services at equal amount in an organization.

 The importance of the distributive justice is to provide the equal and fair right among each employee in an organization so that the employees or any member of the company does not feel any type of discrimination.

According to the given question, Danny faced a pay discrimination in his company that hiss manager increase their workload but the salary is remain the same. So, his resentment is basically reflect the lack of distributive justice in an organization which is related to his pay.    

 Therefore, Option (E) is correct answer.

4 0
3 years ago
Madison Corporation sells three products (M, N, and O) in the following mix: 3:1:2. Unit price and cost data are: M N O Unit sal
Xelga [282]

Answer:

Madison Corporation

The contribution margin per composite unit for the current sales mix is:

= $26.

Explanation:

a) Data and Calculations:

Products                    M            N            O

Current sales mix      3             1             2

Unit sales price      $16         $11          $13

Unit variable costs   10            9            10

Unit contribution    $6          $2           $3

Contribution margin per

composite unit    $18          $2           $6

=                      ($6 * 3)   ($2 * 1)    ($3 * 2)

b) The contribution margin per composite unit is computed as the addition of the contribution margin per composite unit for each product.  Each product's contribution margin per composite unit is calculated as the contribution per unit multiplied by the sales mix for each product.

5 0
3 years ago
John, an American executive, learns that a foreign subsidiary hired a 12-year-old orphan girl to work on the factory floor. He k
tino4ka555 [31]

Answer: An ethical dilemma

Explanation:

An ethical dilemma is a situation where an individual is faced with making a decision between two options where if any option is chosen the individual might act against his/her moral principle. Like in the question, John is faced with the option of either complaining about child labor and then the child losses his/her source of income or allowing things to be as they already are.

4 0
3 years ago
Read 2 more answers
Kingsbury Manufacturing has net sales revenue of $850,000, cost of goods sold of $344,600, and all other expenses of $328,300. T
gladu [14]

Answer:

56.46%

Explanation:

The computation of the gross profit percentage is shown below

Gross profit percentage is

= (Sales - cost of goods sold) ÷ (Sales) × 100

where,

Sales is $850,000

And, the cost of goods sold is $344,600

Now placing these values to the above formula

So, the gross profit percentage is

= ($850,000 - $344,600) ÷ ($850,000) × 100

= $505,400  ÷ $850,000 × 100

= 56.46%

8 0
3 years ago
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