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Alisiya [41]
2 years ago
14

Maybepay Life Insurance Co. is selling a perpetual contract that pays $4,990/year. The contract currently sells for $143,012. Wh

at is the rate of return on this investment
Business
1 answer:
Pie2 years ago
4 0

Answer:

3.49%

Explanation:

Calculation to determine the rate of return on this investment

Using this formula

Rate of return=Monthly payment/Current value*100

Let plug in the formula

Rate of return = $4,990/$143,012 *100

Rate of return= 3.49%

Therefore the the rate of return on this investment is 3.49%

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Forms used by the medical practice should be updated __________ and the codes verified with the current year's diagnostic and pr
Paladinen [302]

 I believe the correct word to fill in the blank is:

“Annually”

 

Forms which are used in medical practice and the accompanying medical codes used must always be updated annually to make sure that they are accurate and precise with regards to the latest practice in the medical field. This is extremely important especially that we are dealing with life and death.

8 0
3 years ago
Frank has just completed a study in which he gave a survey to each of 7,000 employees and their supervisors in a large bank. His
vovikov84 [41]

Answer:

The declaration is mostly accurate or correct.

Explanation:

  • Task success can be induced by work satisfaction. But that could also be accurate the opposite way round, i.e. work success affects employee satisfaction.
  • The inference reached here does not specify which incident seems to be the reason and which one is the trigger's consequence. A significant direct connection between the two can not be identified. Other than that, there could be other variables that may control the two variables.
8 0
3 years ago
The management of Truelove Corporation is considering a project that would require an initial investment of $321,000 and would l
Art [367]

Answer:

2.6 years

The appropriate response to carry out the project if the payback period is within the acceptable payback period of the company

Explanation:

Payback period calculates the amount of the time it takes to recover the amount invested in a project from its cumulative cash flows.

Payback period = amount invested / cash flow

Cash flows is used in calculating the payback period.

To derive the payback period from net income, add depreciation to net income

$82,000 + $42,000 = $124,000

$321,000 / $124,000 = 2.6 years

I hope my answer helps you

4 0
3 years ago
Joan Demers launched a professional services firm on March 1. The firm will prepare financial statements at each month-end. In M
adell [148]

Answer:

the net operating income is $19,000

Explanation:

The computation of the net operating income is shown below:

As we know that

Net Operating Income = Revenue - Costs

= $10,000 + $20,000 - $5,000 -$6,000

= $19,000

Hence, the net operating income is $19,000

we simply deduct the cost from the revenue so that the net operating income could come

4 0
3 years ago
Juggernaut, Inc. makes large-size commercial appliances such as freezers and refrigerators. These items are bulky and the firms
-Dominant- [34]

Answer:

Regional Production

Explanation:

Juggernaut, Inc. can manufacture its bulk products by region, that way the distance to each selling point is less and the costs are lower.

7 0
3 years ago
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