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jeka57 [31]
3 years ago
15

What is a living will?

Business
1 answer:
yarga [219]3 years ago
5 0
A Living Will is a legal document in which a person specifies what actions should be taken for their health if they are no longer able to make decisions for themselves because of illness or incapacity.
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Federal obligations usually issued for maturities in excess of five years are called: _______
valentinak56 [21]

Answer: b. Treasury Notes

Explanation:

The question is a bit confusing to answer unless a mistake has been made in it.

Treasury Notes are Federal obligations that mature between 2 - 10 years so would be the correct answer for this question as this would include bonds in excess of five years till the 10th year.

Treasury Bonds on the other hand mature after 10 years.

If there is a mistake in the question and you instead meant to write 10 years instead of 5, the answer would be Treasury Bonds.

If not, the answer is Treasury Notes.

5 0
3 years ago
Local Co. has sales of $ 10.7 million and cost of sales of $ 5.9 million. Its​ selling, general and administrative expenses are
storchak [24]

Explanation:

The computation is shown below:

a. The gross margin is

Gross margin = (Sales revenues - Cost of sales) ÷ (Sales revenues) × 100

= ($10.7 million - $5.9 million) ÷ ($10.7 million) × 100

= 45%

b. The local operating margin is

= (Operating income ÷ Sales) × 100

where,

Operating income is

= (Sales - cost of sales - selling, general & administrative expenses - research & development - Depreciation & Amortization) ÷ (Sales revenue) × 100

= ($10.7 million - $5.9 million - $0.55 million - $1.2 million - $1.4 million) ÷ ($10.7 million) × 100

= ($1.65 million)  ÷ ($10.7 million) × 100

= 15.42%

c. Net profit margin

= (Net profit ÷ Sales) × 100

where,

= (Sales - cost of sales - selling, general & administrative expenses - research & development - Depreciation & Amortization) × (1 - tax rate) ÷ (Sales revenue) × 100

= ($10.7 million - $5.9 million - $0.55 million - $1.2 million - $1.4 million) × (1 - 0.35) ÷ ($10.7 million) × 100

= ($1.0725 million)  ÷ ($10.7 million) × 100

= 10.02%

3 0
3 years ago
Organizing is the second basic managerial function; it follows planning and decision making. involves shaping the organization o
Norma-Jean [14]

Answer:

e. All of these choices

Explanation:

As we know that

The functions of management comprises of five functions i.e planning, organizing, staffing, directing and controlling

The planning is the way to plan the things so that the company could attain its goals and objectives within the prescribed time

The organizing is the second managerial function which helps to organizing the things of the company. It involves the way of doing the task and utilizing the resources efficiently and effectively so that the task could be completed at low cost and time

In addition, there should be a flexibility in a organization so that if an opportunity can comes then it would grab easily, it also consist of planning & decision making

8 0
3 years ago
Oriental Corporation has gathered the following data on a proposed investment project:
KIM [24]

Answer:

d. 4 years

Explanation:

The formula to compute the payback period is shown below:

= Initial investment ÷ Net cash flow

where,  

Initial investment is $200,000

And, the net cash flow = $50,000

Now put these values to the above formula  

So, the value would equal to

= ($200,000) ÷ ($50,000)

= 4 years

All other information which is given is not relevant. Hence, ignored it

6 0
3 years ago
While harry was intoxicated, he sold his car to ben for substantially less than its fair market value. this contract is consider
VMariaS [17]
The answer to this question is that the contract is voidable. A voidable contract specificallt means that the contract can still be implemented or affirmed or rejected by one of the parties due to valid reasons. A situation where in a contract can be voidable is when the other party is not in the capacity to enter into a contract.
7 0
3 years ago
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