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RideAnS [48]
3 years ago
15

Michael Glock was the policyowner-insured of a $50,000 participating whole life insurance policy with a $50,000 accidental death

benefit (ADB) rider. Mr. Glock’s $750 annual premium was due on March 13, 2015. On March 24, Mr. Glock was killed in an automobile accident. At the time of his death he had not yet paid his overdue premium. Also at the time of his death, his policy had $3,400 in accumulated policy dividends, including interest, left on deposit with the insurer, and a $2,500 outstanding policy loan. This information indicates that the total death benefit payable to the beneficiary of Mr. Glock’s policy wasa.$46,750
b.$50,150
c.$100,150
d.$96,750
Business
1 answer:
sveticcg [70]3 years ago
3 0

Answer:

B

Explanation:

50,000+3,400-750-2500

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Mixing lime green and scarlet red would result in what outcome?
xxTIMURxx [149]

Answer:

idk but mixing Quin red and Sap green will give you a hershey brown color

Explanation:

Hope this helps

7 0
4 years ago
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The management of Lanzilotta Corporation is considering a project that would require an investment of $280,000 and would last fo
Neko [114]

Answer:

3.37 years

Explanation:

Calculation to determine what The payback period of the project is closest to

First step is to calculate the Net Cash inflow for the year

Net Cash inflow for the year =$114,000-$31,000

Net Cash inflow for the year =83,000

Now let calculate the Payback period

Using this formula

Payback period=investment/Net Cash inflow for the year

Let plug in the formula

Payback period=$280,000/83,000

Payback period=3.37 years

Therefore The payback period of the project is closest to 3.37 years

5 0
3 years ago
Midwest Electric Company (MEC) uses only debt and common equity. It can borrow unlimited amounts at an interest rate of rd= 10%
Vlad [161]

Answer:

a.cost of common equity is 14.40%

b.WACC is 10.62%

c.Midwest Electric Company should accept project A since it has a rate of return higher than WACC of 10.62%

Explanation:

The cost of common equity can be ascertained using the stock price formula and changing the subject of the formula to r(cost of common equity)

Stock price=Do*(1+g)/(r-g)

stock price is $20

g is the dividend growth rate at 4%

Do is the dividend just paid $2

20=2*(1+4%)/(r-4%)

20=2.08/r-4%

20(r-4%)=2.08

r-4%=2.08/20

r=(2.08/20)+4%

r=14.40%

WACC=Ke*E/V+Kd*D/V*(1-t)

Ke is the cost of equity of 14.40%

E is the 55% or 0.55

D is 45% or 0.45

V=E+D=045+0.55=1

Kd is the cost of debt which is 10%

t is the tax rate at 40% or 0.40

WACC=14.40%*0.55/1+10%*0.45/1*(1-0.4)

WACC=(14.40%*0.55/1)+(10%*0.45/1*0.6)

WACC=10.62%

Midwest Electric Company should accept project A since it has a rate of return higher than WACC of 10.62%

6 0
3 years ago
What formula would you enter to find the difference between the two dates shown?
Pavlova-9 [17]

Answer:

Hello! Your answer is, Below!

Explanation:

I believe it could be =B2-C4

Hope I helped! Ask me anything if you have any questions! Brainiest plz! Hope you make an 100% and have a wonderful day! -Amelia♥

6 0
3 years ago
What private and federal help can you receive as a consumer?
larisa86 [58]
Right to safety
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Right to be heard
Right to redress
7 0
3 years ago
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