Answer:
$15.77
Explanation:
Net payment cost index is a term that defines a method of calculating the actual price of an insurance policy to an insured in a situation where death comes up at the expiration of a given duration. Thus, the time value of money is fully considered, and it is calculated as this:
The accumulated premiums - accumulated dividends =
= > $79,156 - $24,400 = $54,756
Hence, $54,756 ÷ 34.719 (accumulated interest rate) = $1,577.11
$1,577.21 ÷ 100 = $15.77
Therefore, the net payment cost is = $15.77
Answer:
Explanation: TVC is the total variable cost curve. It slopes upward left to right, as inverse S-shaped. This slope of TVC curve shows that the total variable cost increases initially at a decreasing rate as the total output increases and subsequently it increases at an increasing rate with the increase in the output.
Explanation:
Question Completion:
A building owned by Hopewell Company was recently valued at $850,000 by a real estate expert.
Answer:
Book Value and Fair Value
There is a difference between the book value and the fair value of an asset. The book value is based on the asset's historical cost. The fair value is the current market price of the asset. In reporting long-term assets, the acceptable basis is the historical cost or the cost of acquiring the asset. This cost is further reduced by annual depreciation charges. The fair value is not often the acceptable basis for reporting long-term assets unless the entity is no longer a going concern or the asset has suffered an impairment loss.
Explanation:
a) Data and Calculation:
Fair value by a real estate expert = $850,000
Book value (historical cost) = $550,000
Difference between fair value and book value = $300,000
To provide a place for people to trade goods and services
Answer:
B. We strive to be the worldwide leader in sharing delicious tastes and creating joyful memories
Explanation:
There are two concepts i.e mission and vision. The mission statement is the statement in which it talks about the company goals and objective that represent the present condition of which market should be targeted, its geographical location, etc
While on the other hand the vision statement refers to position of the company in the future. It is always for the long term as it is always thinking for the future where the company what to be.
Based on the above explanation, the option B is correct as it depicts the mission statement.