1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Setler79 [48]
3 years ago
11

Bob Shockey borrowed $25,000 from his $250,000 cash value life insurance policy to send his daughter to private college. Assumin

g he pays interest as in accrues, if Bob dies before the debt is repaid his beneficiary will receivea. $275,000.b. Taxable income.c. $250,000.d. S 25,000.e. $225,000.
Business
1 answer:
MissTica3 years ago
3 0

Answer:

e. $225,000.

Explanation:

Since Bob Shockey pays interest as in accrues, the amount the  beneficiary will receive if he dies before the debt is repaid will be the cash value of his life insurance policy minus amount borrowed to send his daughter to private college. This can be calculated as follows:

Amount to receive by beneficiary = $250,000 - $25,000 = $225,000

Therefore, his beneficiary will receive $225,000.

You might be interested in
Suppose a publisher faces the following costs of producing 10,000 newspapers each month: $5,500 cost of labor; $2,200 monthly mo
HACTEHA [7]

Answer:

Variable cost = $6,550

Explanation:

Variable cost is the cost incurred during the production process that changes with quantity of goods produced. For example labor, machine operating cost, and raw materials.

The other type of cost is variable cost that does not change with volume of production, but rather remains constant. For example rent, tax, and so on.

In the given instance the costs that are variable are cost of labor, cost of electricity to run printing presses, and cost of ink for paper.

Monthly mortgage and property tax are fixed cost that must be paid regardless of production volume.

variable cost = $5,500 + $800 + $250

Variable cost = $6,550

3 0
3 years ago
No im tired of doing the work lol
Yanka [14]

Answer:

watch funny video

Explanation:

4 0
3 years ago
In​ 2011, Kendall​ Ford, an automobile​ dealership, spent​ $20,000 on a new car lift for its repair​ shop, $2,000 on a
Lilit [14]

Answer:

$522,000

Explanation:

The computation of the Kendall Ford's total investment spending in 2018 is shown below:

= Dealership spent + repairing cost + unsold cars and trucks were valued i.e closing cost - unsold cars and trucks were valued i.e opening cost

= $20,000 + $2,000 + $900,000 - $400,000

= $522,000

The $600,000 would be ignored and the rest cost are taken for the computation

4 0
3 years ago
Getting the listener’s full attention, questioning him or her, and asking him or her to paraphrase the message are all technique
timama [110]

Answer:

poor listening

Explanation:

Based on the information provided within the question it can be said that this is done in order to overcome poor listening. This refers to individuals who get distracted when listening and hear/understand very little to nothing of what they were supposed to be listening to. By making sure their attention is on you and asking them to repeat what you just said allows the individual to pay more attention to what you are saying and helps the information stick.

3 0
3 years ago
Management of a close corporation often resembles that of a______, but a corporation must meet the statutory requirements to rem
Reika [66]

Answer:

Explanation:

The statement in the question is not complete and should be the following with each of the answers provided being part of the statement like so,

Management of a close corporation often resembles that of a Partnership , but a corporation must meet the statutory requirements to remain a corporation. Often, shareholders in a close corporation restrict the transferability of shares. If a majority shareholder misappropriates company funds, the normal remedy for the other shareholders is to have their shares appraised to determine value and then receive that value.

8 0
3 years ago
Other questions:
  • Nielsen purchases scanner data from retail transactions to compile, analyze, and resell to consumer packaged-goods firms so they
    9·1 answer
  • Score skateboard company is a small firm that designs and manufactures skateboards for high school and collage students who want
    6·1 answer
  • A stock person at the local grocery store has a job consisting of the following five segments: (1) picking up boxes of tomatoes
    12·1 answer
  • Which of the following provides for a reduction in the employer's state unemployment tax rate based on the employer's experience
    13·1 answer
  • During the year, a company's inventory decreased by $20,000. if the company's cost of goods sold for the year was $400,000, find
    14·1 answer
  • Explain how IT (Information Technology) impacts your career and the positive outlook for IS (Information Systems) management car
    8·1 answer
  • On January 1, Year 1, Samuel Company leases equipment from Lease Corp. The lease agreement specifies five annual payments of $50
    13·1 answer
  • Here are some important figures from the budget of Crenshaw, Inc., for the second quarter of 2019:
    8·1 answer
  • Which 4 sections of the Overview screen can be used to perform a high-level review?
    10·1 answer
  • Explain how banks have transformed their commercial lending business from asset transformation to brokerage services
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!