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3 years ago

If your dad wanted to purchase a new life insurance policy, which would you recommend and why?

Business

1 answer:

pentagon [3]3 years ago

3 0

Answer:

I would recommend Ladder.

Explanation:

I would recommend Ladder because it is easy to apply. If they don't like it they have a 30 day cash back and can decrease or increase your coverage over time.

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Warwick's co., a women's clothing store, purchased $75,000 of merchandise from a sup- plier on account, terms fob destination, 2

Nostrana [21]

This question has a three part answer, with each part broken out below:

A. To record the purchase there is a debit to Purchases and a credit to Accounts Payable, each for $75,000.

B. To record the return there is a debit to Accounts Payable and a credit to Purchases Returns and Allowances, each for $9,000.

C. The amount of the payment is $75,000 - 9,000, which is $64,000. They are paying during the discount period, so will only be paying 98% of this amount, which is $62,720.

The entry is a debit to Accounts Payable for $64,000, a debit to Purchases Discounts for $1,280, and a credit to Cash for $62,720.

3 0

3 years ago

Krit Corp. is a US manufacturing company based in the Midwest. As an investor, Wilson bought 200 shares of stock in Krit Corp. T

Westkost [7]

Answer:

total wealth in Krit Corp is $5000

Explanation:

given data

stock = 200 shares

treading = $25 per share

to find out

total wealth in Krit Corp

solution

we know here investor bought 200 share at $25 per share current treading

so here

total wealth in Krit Corp wuill be = stock × treading ...............1

put here all these value we get in equation 1

total wealth in Krit Corp = stock × treading

total wealth in Krit Corp = 200 × 25

total wealth in Krit Corp = $5000

so total wealth in Krit Corp is $5000

3 0

3 years ago

acc 430 Firm B, a calendar year, cash basis taxpayer, leases lawn and garden equipment. During December, it received the followi

Greeley [361]

Answer: See explanation

Explanation:

a. Even though firm B received a cash of $522, only $22 which is the interest will be taxable as the $500 which is the principal isn't taxable.

b. Even though Firm B got $600 cash, there'll be no taxable income as the receipt brought about a liability. Hence, taxable income is 0.

c. Even though Firm B got $10000 cash, there'll be no taxable income as the receipt brought about a liability and the net worth wasn't increased. Hence, taxable income is 0.

d. The taxable income here will be $888.

5 0

3 years ago

Are entrepreneurs made

FrozenT [24]

Answer:

Yes.

Explanation:

Entrepreneurs are not born. They are made. Entrepreneurs are not like athletes; they don’t need a natural inherent body and muscles. An athlete’s child may grow up an athlete, but it would not happen in an entrepreneur’s family. Many businesses bankrupted every day, including some entrepreneur’s families. However, entrepreneurs are naturally made, and they own some unique qualities and need some training and experience as athletes.

8 0

3 years ago

Read 2 more answers

Ulla is a farmer who farms in California's Central Valley where water usage is being restricted due to prolonged drought. She se

lisov135 [29]

Answer:

The market price is determined by the combined actions of both the buyers and sellers

Explanation:

In other words, the market price is determined by the <em>clash of supply and demand</em>, which are the two basic economic determinants. Although Ulla is affected by a drought, she knows she cannot raise the sugar beet price, as her competitors would beat her. On the other hand, they could increase the price if all of the beet sellers throughout the US were affected by a drought.

6 0

3 years ago