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elena-s [515]
3 years ago
12

An individual has been making periodic premium payments on an annuity. The annuity income payments are scheduled to begin after

1 year since the annuity was purchased. What type of annuity is it
Business
1 answer:
3241004551 [841]3 years ago
5 0

Answer: Deferred

Explanation:

The deffered is one of the type of annuity that helps in making the various types of insurance related contracts for the purpose of long time savings.

A deferred annuity is one of the type of contract where they pay some amount of their profit to the owner on the regular basis and it also used by various types of investors for profit purpose.

According to the question, the deffered annuity is making the various types of periodic payments that helps in scheduling the annuity after one year. Therefore, Deferred is the correct answer.

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The $1,000 par value bonds of uptown tours have a coupon rate of 6.5 and a current price quote of 101.23. what is the current yi
Paul [167]

Hello, to get the current yield of the bond, determine first the<span> annual interest payment which is calculated as stated interest rate times the face value of the bond. In this question, the bond’s value is $1,000 and the stated interest rate is 6.5 percent, therefore, the annual interest payment is 65. Finally, the annual interest payment of 65 is divided by the current market price quote of 101.23 to get the current yield of 64.21%. Hope this helps.</span>

4 0
4 years ago
During its most recent fiscal year, Dover, Inc. had total sales of $3,200,000. Contribution margin amounted to $1,500,000 and pr
ANEK [815]

Answer:

Fixed costs= 1,100,000

Explanation:

Giving the following information:

During its most recent fiscal year, Dover, Inc. had total sales of $3,200,000. Contribution margin amounted to $1,500,000 and pretax income was $400,000.

We need to reverse engineer the income statement to determine the total fixed costs. We know that the pretax income is the difference between the total contribution margin and the fixed costs.

Pretax= total contribution margin - fixed costs

400,000= 1,500,000 - FC

Fixed costs= 1,500,000 - 400,000

Fixed costs= 1,100,000

5 0
3 years ago
Zoe's Dog Biscuits, inc, has net cash flows from operating activities for the last year of $226 million. The income statement sh
Zigmanuir [339]

Answer:

D. $65 million

Explanation:

The computation of the  end of year balance for accounts receivable is shown below:

Cash flows from operating activities $226

net income $150

Add: depreciation $85

Less: increase in inventory -$14

Add: increase in wages and taxes $15

Add: increase in account payable $10

Total $246

Change in account receivable -$20

Opening account receivable $45

Ending account receivable $65

5 0
3 years ago
Imagine that a small manufacturing company decides to invest in a materials resources planning (MRP) system. This is a computeri
klio [65]

The correct answer to this open question is the following.

Although there are no options attached, we can say the following,

The human resource functions that are likely to be affected by this change are Resource Management, Personal Data Management, Training, and Performance Management.

Human Resource Management helps the organization carry out this change successfully, explaining how these modifications can benefit the employees and the entire organization. HR has to use the proper means of internal communication to explain in advance the kinds of oof changes that are coming. This will prevent fear and anxiety, and eliminate rumors about the situation of the employees in the organization.

HR has to be careful in confirming that nobody is going to be fired by the arrival of new technologies. Then, HR has to explain in detail the many benefits in planning, scheduling, organizing, inventory, and many other benefits for each department. If employees do not feel threatened by this new technology they would welcome changes that allow them to do their work more productively.

5 0
3 years ago
Which of the following is NOT a reason to complete the Free Application for Federal Student Aid (FAFSA)?
Veseljchak [2.6K]

Answer:

its no obligadp

Explanation:

5 0
3 years ago
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