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3 years ago

What are adjustable rates for life policy loans in florida based on?

1 answer:

8 0

The adjustable rates for life policy loans in Florida are based on Moody's Corporate Bond Index. These bonds have a maturity life of 30 years and are highly rated to earn more value and money as time progresses. The Moody Corporate Bond Index is also know as Moody's Seasoned Corporate Bond Yield.

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Brainliest! What three institutions influence economics the most? Explain how each influences economics and provide examples of

Mandarinka [93]

Hiya!
The answer would be political, legal and social institutions.
1.) Political: Political institutions create and enforce laws, which help the growth of economics.

2.)Legal: Legal institutions is human behavior, which helps the economics have humanly effects.

3.)Social: Social institutions consists of a group of people who come together for a common purpose
Goodluck! c:

5 0

2 years ago

Read 2 more answers

Galaxy Products is comparing two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II). Under P

ankoles [38]

Answer:

break even EBIT is $717,240.13

Explanation:

given data

stock outstanding = 230000 shares

stock outstanding = 224478 shares

debt outstanding = $210000

interest rate = 8.2 percent

to find out

What is the break even EBIT

solution

we get break even EBIT is here express as

$\frac{EBIT}{230000} = \frac{EBIT-210000*0.082}{224478}$

EBIT × 224478 = 230000 × ( EBIT - 17220 )

solve it we get

EBIT = $717,240.13

so break even EBIT is $717,240.13

6 0

3 years ago

Riverwood Properties bought three lots in a subdivision for a? lump-sum price. An independent appraiser valued the lots as?

Law Incorporation [45]

Answer:

Explanation:

The cost allocation of each lot is presented below:

(A) (B) (A × B)

Lot Appraised Value Percentage Purchase value Allocated cost

Lot 1 $76,500 15% $355,000 $53,250

Lot 2 $229,500 45% $355,000 $159,750

Lot 3 $204,000 40% $355,000 $142,000

Total $510,000 100% $355,000

Now the journal entry would be

Land - Lot 1 $53,250

Land - Lot 2 $159,750

Land - Lot 3 $142,000

To Cash A/c $355,000

(Being the lots are purchased for cash)

8 0

3 years ago

Gridiron Merchandising anticipated selling 30,000 units of a major product and paying sales commissions of $8 per unit. Actual s

madam [21]

Answer:

C. $13,100U.

Explanation:

The cost variance is given by the difference between the actual cost of commissions and the projected cost of commissions of 30,000 units at $8 each:

$V = \$253,100-(\$8*30,000)\\V=\$ 13,100\ U$