Answer:
$444,444.44
Explanation:
Larry's life insurance corporation is trying to sell an investment policy that will pay you and your heirs a total amount of $32,000 per year
The required return on this investment is 7.2%
= 7.2/100
= 0.072
Since the cash flow is a perpetuity then, the amount that will be paid for the policy can be calculated as follows
PV= C/r
= $32,000/0.072
= $444,444.44
Hence the amount of money that will be paid for the policy is $444,444.44
Answer:
Market Access
Explanation:
Based on the information provided within the question it can be said that the aspect that is being mentioned is known formally as Market Access. This term refers to the process of making sure that anyone who may benefit has fast and easy access to the brands that are being sold and at the correct price, and that there are no unfair restrictions being imposed.
A concept in managerial accounting, responsibility centers are a method of measuring and evaluating the effectiveness of managers tasked with decision making for their business unit. Not all units of a business have the capacity to generate profit, but instead some support vital functions that incur costs for a business for example, the transportation department in a hospital. A cost center is a unit that does not generate revenue. A revenue center has responsibility for generating revenues, and in most cases will be the same as a profit center, as all units have some level of costs. An investment center is usually found at higher levels in an organization where a unit manager has the responsibility of generating returns on investment capital. I hope this might help you !
