Answer:
Liabilities = 331,100
Explanation:
Using the accounting equation we can solve for liabilities
assets = liabilities + equity
<u>We have to solve for Equity first:</u>
SE 13,500
net income 10,000
dividends (3,500)
Total Equity 20,000
assets 351,100
Next we post this know value on the formula and solve for liab:
Assets = Liablities + Equity
351,100 = Liab + 20,000
351,100 - 20,000 = Liab
Liabilities = 331,100
Lenny will generate $471,250 after-tax cash.
<h3>
What is an insurance policy?</h3>
- The insurance policy, which establishes the claims that the insurer is legally obligated to pay, is a contract between the insurer and the policyholder.
- The insurer guarantees to reimburse losses brought on by risks covered by the policy language in return for an upfront payment known as the premium.
<h3>What is a cash surrender value?</h3>
- If a policyholder or the owner of an annuity contract chooses to cancel their policy before it matures or an insured event occurs, the insurance company will give them the cash surrender value as compensation.
<h3>
Solution -</h3>
Money Lenny will get = $725,000.
Subtract the tax to find the money Lenny will get.
35% of 725,000 = $253,750.
Therefore, Lenny will generate $471,250 after-tax cash.
Know more about compensation here:
brainly.com/question/19646648
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It’s the value of the next best alternative when a decision is made, so not the first desired choice, but the second one
True.
However, the question should be clear it is a free market where market forces rule, therefore a shortage will cause some consumers to be willing to pay higher prices and producers will see benefit and revenue, thus producing more and resolving the shortage.
Answer:
The correct answer is brand community.
Explanation:
A brand community can be defined as a community formed on the basis of attachment to a product or a brand. The consumers that belong in a brand community generally share the same tastes, cultures, and values.
The main characteristics of a brand community are
- Shared consciousness
- Sense of moral responsibility
- Rituals and traditions
A number of companies show brand communities, for instance, Jeep, Harley Davidson motorcycles, Barbie, Lego, Royal Enfield motorcycles, etc.
