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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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This problem has been solved!
love history [14]

Answer:

Planning responsibility

Explanation:

According to my research on the different management responsibilities, I can say that based on the information provided within the question the managerial accountant is using the Planning responsibility. This mainly focuses on setting goals and objectives for the organization as well as determining different strategies in order to achieve the goals that were set. Which is what the accountant is doing in this situation.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
There is often litter along highways but rarely in people's yards. Which of the following statements help explain this observati
Shtirlitz [24]

Answer:

b

c

Explanation:

A good has negative externality if the costs to third parties not involved in production is greater than the benefits. an example of an activity that generates negative externality is pollution. Pollution can be generated at little or no cost, so they are usually overproduced. Government can discourage the production of activities that generate negative externality by taxation. Taxation increases the cost of production and therefore discourages overproduction. Tax levied on externality is known as Pigouvian tax.

Government can regulate the amount of externality produced by placing an upper limit on the amount of negative externality permissible

Coase theorem has been proposed as a solution to externality. According to this theory, when there are conflicting property rights, bargaining between parties involved can lead to an efficient outcome only if the bargaining cost is low

Another solution to negative externality is through the activities of charities. Charities can raise donations to limit or regulate the activities of firms that constitutes a negative externality.

5 0
3 years ago
use the accounting equation to solve for the missing information. 2. did jacob's overhead doors report net income or net​ loss?
vichka [17]

Total assets 44900    

Less: Liablities 14,550

Total Owner's equity 30,350    

Less: Owner's capital 30,670

Add: Drawings 7,500    

Less: Revenues 8,850

Expense  1,670

Assets   =Liabilities +Owner's-Drawings+Revenues-Expense capital

               44,900 = 14,550 + 30,670- 7,500 + 8,850 - 1,670
2. Jacob states a profit of $7,180

Net Income = Revenues – Expenses
= 8850–1670 = 7180

  • Equipment, real estate, raw materials, and inventories are examples of tangible assets. Intangible assets include things like royalties, patents, and other intellectual property.
  • The amount earned by an individual or corporation after costs, allowances, and taxes is referred to as net income. Net income in company is the amount that remains after all costs, such as salaries and wages, the cost of goods or raw materials, and taxes, have been paid.

To know more info about Assets visit:
https://brainly.in/question/18283902
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7 0
1 year ago
Last year Easton Corporation reported sales of $480,000, a contribution margin ratio of 25% and a net loss of $16,000. Based on
Debora [2.8K]

Answer:

B. $544,000

Explanation:

Given: Sales: $480000.

           Contribution margin ratio= 25%

           net loss= $16000.

Break even point: It is point in business where profit is equal to expenses of the business.

Now, finding the fixed expense.

Fixed expense= loss+ (contribution\ margin\times sales)

⇒ Fixed expense= 16000+ (0.25\times 480000)

⇒ Fixed expense= 16000+ 120000

∴ Fixed expense=  \$ 136000

Next, computing the break even point

Sales to Break even point= \frac{Fixed\ expense}{Contribution\ margin\ ratio}

⇒ Break even point= \frac{136000}{0.25}

∴ Break even point= \$ 544000

Hence, the break even point was $544000

8 0
3 years ago
In order to make sure that a creditor of the insured is not paid more than the outstanding loan at time of claim, the policyowne
Harman [31]

So one can make sure that a creditor of the insured isn't paid more than the exquisite mortgage at the time of declaration, the coverage proprietor should: Convertible insurance

A creditor is an entity, a business enterprise, or someone of a felony nature that has provided items, offerings, or a financial loan to a debtor. as soon as a creditor has given a loan, the fee is expected at a later date, generally agreed upon in advance.

A creditor is a man or woman or institution that extends credit to any other celebration to borrow cash normally by way of a mortgage agreement or contract. lenders including banks can repossess collateral like homes and automobiles on secured loans, and take borrowers to the courtroom over unsecured money owed.

For instance, a debtor/creditor relationship is if you take out a mortgage to shop for your house. then you as the property owner are a debtor, while the bank that holds your loan is the creditor. In trendy, if someone or entity has loaned cash then they are a creditor.

Learn more about creditors here:

brainly.com/question/27705637

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7 0
1 year ago
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