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3 years ago

Which of the following statements about group insurance is true?

Business

1 answer:

Kruka [31]3 years ago

4 0

Answer:

it b i promise it is the right answer i know

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Bramble Inc. issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump sum of

Ket [755]

Answer:

(A)

cash 110,000 debit

common stock 5,000 credit

additional paid-in CS 81,086 credit

preferred stock 10,000 credit

additional paid-in PS 13, 914 credit

(B)

cash 110,000 debit

common stock 5,000 credit

additional paid-in CS 90,000 credit

preferred stock 10,000 credit

additional paid-in PS 5,000 credit

Explanation:

Market Value

500 x 180 = 90,000 0,7826 CS

100 x 225 = 25,000 0, 2174 Preferred

total 115,000

Issuance: 110,000

Preferred: 21.74% of 110,000 = 23,914

face value: 100 x100 10,000

additional paid-in 13,914

Common: 78.26% of 110,000 = 86,086

face value: 500 x 10 = 5,000

additional paid-in 81,086

If we can only determinate the common stock:

total issuance - common stock = preferred stock

110,000 - 190 x 500 = 110,000 - 95,000 = 15,000 preferred stock

additional paid-in CS: 110,000 - 5,000 = 105,000

additional paid-in PS: 15,000 - 10,000 = 5,000

5 0

3 years ago

How do we know our current money has value?

Andreyy89

If you can use it to get stuff then it has value

8 0

3 years ago

In statistical discrimination,

MakcuM [25]

Answer:D. Workers are given preferential treatment if they help fulfill a quota for particular type of characteristics.

Explanation:

Statiscal discrimenation is a preferential treatment of workers based on racial or gender inequality.

e.g restrictions of employment to singles because they have less responsibilities compared to the married.

5 0

3 years ago

Select the correct answer.

Gre4nikov [31]

Answer:

Prices increase, C

Explanation:

Inflation is when the value of a dollar, or other currency type, drops. This happens most commonly when more money is being printed. The more there is, the less it is worth. This causes prices to increase.

Hope this helps

4 0

3 years ago

Read 2 more answers

Suppose that $2500 is placed in a savings account at an annual rate of 5%, compounded quarterly. Assuming that no withdrawals ar

babymother [125]

Answer:

number of periods = 8 years.

Explanation:

We know,

Future Value = Present value × $(1 + r)^{n}$

Here,

Present value = PV = $2,500

Future value = FV = $3,500

Interest rate (Compounding) = 5% = 0.05

We have to determine how many years (Periods) it will take, n = ?

Putting the values into the above formula,

$3,500 = $2,500 × $(1 + 0.05)^{n}$

or, $(1 + 0.05)^{n}$ = $3,500 ÷ $2,500

or, n log 1.05 = 1.4

or, n × 0.17609 = 1.4

or, n = 1.4 ÷ 0.17609

Therefore, number of years = 7.95 or 8 years.

5 0

2 years ago