Which of the following colors is highly variable and can be either cool or slightly warm, depending on how it is used?

What kind of life insurance policy pays a specified monthly income to a beneficiary for 30 years and then pays a lump sum benefi

aleksandrvk [35]

Answer:

Family Maintenance Policy

Explanation:

A family maintenance policy refers to the policy in which it generates the income for a beneficiary for the particular period of time after considering the death of the insured person

After maturing the given period, the insurer provides the money to the beneficiary i.e. equal to the face value of the policy

Therefore according to the given situation, it represents the family maintenance policy

8 0

3 years ago

Acme, Inc.'s books show an ending cash balance of $10,500 before preparing the bank reconciliation. Given the bank reconciliatio

netineya [11]

Answer:

a. $ 10,410

Explanation:

Balance per books $ 10,500

Less: NSF Checks $ ( 110)

Add: Interest earned <u>$ 20</u>

Adjusted balance per books $ 10,410

The NSF checks is reduced from the book balance as the books would have included it as a positive balance.

The interest earned has to be added to the book balance as this information would have not been available with the book.

The outstanding checks represent checks issued by the company and thus would already have been recorded in the books.

the deposits in transit would also have been recorded in the books.

6 0

3 years ago

The mean household income in a country in a recent year was about $77 comma 044 and the standard deviation was about $84 comma

rusak2 [61]

Answer:

a) Income of $272,428 or more would be top 1%.

b) Skewed right

c) Not always normally distributed

Explanation:

We are given the following information in the question:

Mean, μ = $77,044

Standard Deviation, σ = $84,000

Median = $58,423

a) We follow a normal mode

Formula:

$z_{score} = \displaystyle\frac{x-\mu}{\sigma}$

We have to find the value of x such that the probability is 0.01

P(X > x)

$P( X > x) = P( z > \displaystyle\frac{x - 77044}{84000})=0.03$

$= 1 -P( z \leq \displaystyle\frac{x - 77044}{84000})=0.01$

$=P( z \leq \displaystyle\frac{x - 77044}{84000})=0.99$

Calculation the value from standard normal z table, we have,

$\displaystyle\frac{x - 77044}{84000} = 2.326\\\\x = 272428$

Thus, income of $272,428 or more would be top 1%.

b) We should not be confident as the median is not equal to the mean. Hence, it is not a normal distribution. It was just an assumption. Since the mean is greater than the median the distribution of income is skewed towards right.

c) Normal model not be a good one for incomes because the median may not always e equal to the mean and hence, they do not follow a normal distribution.

8 0

3 years ago

Campbell's soups maintain a low-level of advertising during the entire year, but it advertises heavily during the winter months

melomori [17]

Answer: Pulsing

Explanation:

Campbell's soup are making use of pulsing advertising strategy, where businesses which offer products affected by seasonal sales vary their advertising intensity: from low-level advertising at a low sale season to high level advertising at a season of expected higher sales.

7 0

3 years ago

On January 1, Novak Corp. had 62,000 shares of no-par common stock issued and outstanding. The stock has a stated value of $4 pe

Ludmilka [50]

Answer:

Retained Earnings 167,400 debit

common stock 55,800 credit

addtional paid-in 111,600 credit

----------

Dividends 121,520 debit

Div Payable 121,520 credit

------------

Div Payable 121,520 debit

Cash 121,520 credit

-------------

Retained Earnings 68,200 debit

common stock 24,800 credit

addtional paid-in 43,400 credit

----------

Div Payable 139,655 debit

Cash 139,655 credit

-------------

Explanation:

13,950 shares x $12 = 167,400

13,950 shares x $ 4 = 55,800

additional 111,600

cash dividedns

62,000 + 13,950 = 75,950 shares

75,950 shares x $ 1.60 = $121,520

6,200 shares x $11 = 68,200

6,200 shares x $ 4 =<u> 24,800 </u>

additional 43,400

cash dividends #2

75,950 + 6,200 = 82,150 shares

82,150 x $ 1.70 = 139,655

4 0

3 years ago