The agent of Lisa would likely tell her about the process and the rules in regards of the disability buy and sell insurance. The agent would likely explain that if she acquired this type, the insured person would likely be protected when the person has exhibit a disability and that having this type of insurance have benefits and are likely to be tax free.
Answer:
Correct answer is b. relates to subunits ot the entity and may be very detailed.
Explanation
Managerial accounting involves collecting, storing, analyzing, and reporting information about the operations, activities and finances of a business. These reports are generally used by the managers of a business, rather than by any external entities, such as shareholders or lenders. The purpose of this accounting is to facilitate manager from senior to line level to make informed decision.
So in order to run the business smoothly this information/accounting is required to be very detail and covering each and every aspect of the entity.
Answer:
The statement is true
Explanation:
Tightening monetary policy or curbing money supply in an economy is a move by Federal Reserve to control inflation or bring down over-heated economic growth.
Money supply is curbed by increasing short-term interest rates, thereby increasing cost of borrowing and making borrowing less attractive to public. This increase in short-term rates, also called Federal fund rates are usually greater than long-term interest rates prevailing in the market.
Answer:
a. 9.43%
Explanation:
IRR is the rate of return that makes initial investment equal to present value of cash inflows
Initial investment = Annuity*[1 - 1 /(1 + r)^n] /r
1250 = 325 * [1 - 1 / (1 + r)^5] /r
Using trial and error method, i.e., after trying various values for R, lets try R as 9.43%
1250 = 325 * [1 - 1 / (1 + 0.0943)5] /0.0943
1250 = 325 * 3.846639
1250 = 1,250
Therefore, The project IRR is 9.43%
