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3 years ago

Which type of life insurance policy combines term insurance and investment elements?

Business

2 answers:

zysi [14]3 years ago

7 0

Answer:

The correct answer is C: Universal Life

Explanation:

Universal life insurance is a type of cash value permanent life insurance with an investment savings elements. Most of them contains a flexible premium option. However, under the terms of the policy, the excess of premium payments above the regular cost of insurance is credited to the cash value of the policy every month plus an interest. Therefore that this type of life insurance combines both term insurance and invesment elements.

Ne4ueva [31]3 years ago

6 0

To answer the question above as to which type of life insurance policy combines term insurance and investment elements is letter C, Universal Life. Universal Life or in other term Permanent life Insurance is a type of insurance to which is flexible low-cost protection and term life insurance as well as the saving elements like the whole life insurance.

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Donovan Company incurred the following costs while producing 500 units: Direct Materials, $10 per unit; Direct Labor, $25 per un

Natali5045456 [20]

Answer:

Net operating income= 15,000

Explanation:

The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.

<u>In this case, there is no beginning nor ending inventory. Fixed overhead is incorporated into the cost of goods sold in full.</u>

Sales= 500*100= 50,000

COGS= (10 + 25 + 15)*500 + 10,000= (35,000)

Gross profit= 25,000

Total selling and administrative costs= (5*500) + 7,500= (10,000)

Net operating income= 15,000

8 0

3 years ago

Michael's Machine Shop reports the following information for the quarter.

Mandarinka [93]

Answer:

a. $26

b. $23

c. $34

d. $29

e. $21

f. $11

g. $14

h. $11

Explanation:

a. Variable cost per unit.

Variable cost per unit = Variable Manufacturing Costs + Variable Non - Manufacturing Costs

= $12 + $9 + $2 + $3

= $26

b. Variable production cost per unit.

Variable production cost per unit = Variable Manufacturing Cost

= $12 + $9 + $2

= $23

c. Full cost per unit.

Full cost per unit = Manufacturing and Non - Manufacturing (Variable and Fixed)

= $12 + $9 + $2 + $3 + $47,500/23,750 units + $142,500/23,750 units

= $12 + $9 + $2 + $3 + $2 + $6

= $34

d. Full absorption cost per unit.

Full absorption cost per unit = Variable Manufacturing Costs + Fixed Manufacturing Costs

= $12 + $9 + $2 + $6

= $29

e. Prime cost per unit.

Prime cost per unit = Direct Manufacturing Costs'

= $12 + $ 9

= $ 21

f. Conversion cost per unit.

Conversion cost per unit = Direct Labor Costs + Overheads Costs

= $9 + $2

= $11

g. Contribution margin per unit.

Contribution margin per unit = Sales - Variable Costs

= $ 40 - $26

= $ 14

h. Gross margin per unit.

Gross margin per unit = Sales - Full absorption cost per unit

= $40 - $29

= $11

3 0

3 years ago

Using Apple as the company, how can this organization benefit from the four business intelligence capabilities? Identify the spe

luda_lava [24]

The four capabilities of a business intelligence can be divided into:

data presentation
data analysis
data ingestion
data foundation.

<h3>What is a business intelligence?</h3>

This refers to the technology that allows analyzing of data and delivering of actionable information that can helps executives, managers and workers make informed business decisions.

The system of business intelligence is vital for business because it allows them to have an insight into what their competitors are doing and to allows informed & educated decisions for plans.

The business intelligence would improve Apple's Customer Service function because it helps to gain better understanding of customers. For instance, it help to predict the future buying behavior of a customer.

In conclusion, the system thus increases the overall customer satisfaction by improving interactions with your customers and understanding their needs.

Read more about business intelligence

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7 0

1 year ago

Reducing turnover by improving work conditions and improving benefits packages can reduce a projected labor shortage.

FinnZ [79.3K]

True.

A labor shortage is not enough qualified candidates available to fill jobs. One way to deal with that is to hang on to the qualified people you already have by making them happier so they won't leave.

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3 years ago

Noland bought a fancy new smartphone. it was a different brand of phone than his old phone, so he spent quite a few frustrating

kompoz [17]

Noland's problem was most likely due to PROACTIVE INTERFERENCE.
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4 years ago