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EleoNora [17]
3 years ago
8

CHRISTIE IS THINKING ABOUT GETTING A TERM LIFE insurance policy. She currently makes $75,000 a year. Her husband, Chip, is a sta

y at home dad. He takes care of their 6 year child who has autism. Based on a conversation Christie had with her dad, she estimates that she'll need $750,000 in life insurance. What method did Christie most likely use to calculate her life insurance needs
Business
1 answer:
garri49 [273]3 years ago
5 0

Answer: c. Complex Needs Analysis

Explanation:

The Complex needs analysis method is the most probable assessment method used by Christie on account of her dependents. Christie has a child who has Autism which means that she has to factor in the various costs associated with with managing the condition as the child grows.

These are complex needs which is why the complex needs approach is best. The other approaches do not take into account (at least not adequately), the needs of the child so aren't the best fit.

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Carla and John enter into a partnership and form a business. Under the partnership agreement, Carla is directly responsible for
Cloud [144]

Answer:

limited liability partnership

Explanation:

From the question, we are informed about Carla and John who enter into a partnership and form a business. Under the partnership agreement, Carla is directly responsible for the management of the firm and its liabilities. John has a minor financial stake in the firm and works there, but he is not held responsible for the taxes and debts owed by the firm. In this case, under context of the legal forms of business, Carla and John have formed a limited liability partnership. limited liability partnership can be regarded as flexible legal as well as tax entity which give room for

partners to benefit from economies of scale through their working together as with this there would be reduction in their liability for the actions of other partners. As regards any legal entity, the law of

should be checked before one get too excited.

.

4 0
3 years ago
Beginning Work in Process Inventory was 10,000 units that were 20% complete and 40,000 units started, with ending Work in Proces
lesya692 [45]

Answer:

Material EUP = 5000

Conversion Costs EUP = 51,200

Explanation:

Under weighted average method

Beginning Work in Process Inventory            10,000

Units Started                                                 <u>  = 40,000</u>

Units to account for                                           <u>50,000</u>

<em><u>In the Work In Process for Conversion Costs</u></em>

Beginning Work In Process (10,000*20 %)   = 2000 were complete

Work done on beginning inventory = 10,000- 2,000= 8,000

Units Started                                                   = 40,000

Add Ending Inventory (8000*40%)                 <u> 3200</u>

Units to account for =                                     <u>51,200</u>

5 0
4 years ago
Cash dividend payments were $25,000. Long-term investments were sold for $79,000 cash. A building costing $198,000 was purchased
gladu [14]

Answer:

$4,200

Explanation:

Data provided in the question:

Cash dividend payments = $25,000.

Cash from selling of Long-term investments = $79,000.

Cash used for purchasing a building costing $198,000 = $19,800

Sale of equipment = $37,000

Long term note payable = $92,000 cash

Now,

The net cash from investing activities will be

= sale of long term investments - purchase of building + sale of equipment  - purchase of investments

= $79,000  - $19,800 + $37,000 - $92000

= $4,200.

5 0
4 years ago
Capitalism is an economic system in which private property, markets, and firms play an important role. Based on this definition,
Nataly [62]

Answer:

Correct Answer:

A. An economic system is a way of organizing the production and distribution of goods and services in an entire economy.

Explanation:

Capitalism, which is an economic system  in which a country's trade and industry are controlled by private owners for profit, rather than by the state helps in ensuring the adequate running of the country. <em>It is a method whereby goods and services are organized in an entire economy through private investments and firms.</em>

4 0
4 years ago
The yield to maturity is always equal to the interest payment of a bond. <br> a. True <br> b. False
ella [17]
A. True, Yield to Maturity or called YTM is a measure of your annualized return if a bond, or all the bonds in a fund, are held to maturity.
3 0
4 years ago
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