1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
damaskus [11]
2 years ago
11

Tim and Tammy are updating their financial plan and are concerned that they might not have enough life insurance coverage for th

eir family, which includes two children, ages 5 and 12. they have determined that their annual income is $60,000 and their net worth is now $150,000. What is the amount of life insurance they should carry using the Easy Method?
Business
1 answer:
ycow [4]2 years ago
7 0

Answer:

the amount of the life insurance when the easy method is used is $294,000

Explanation:

The computation of the amount of the life insurance when the easy method is used is given below:

= Annual gross income × 70% × 7 times

= $60,000 × 70% × 7 times

= $294,000

Hence, the amount of the life insurance when the easy method is used is $294,000

The same is to be considered and relevant

You might be interested in
is a structured approach used by decision makers to develop a sourcing strategy for a product or service, based on the value pot
kow [346]

Portfolio analysis is a structured approach used by decision makers to develop a sourcing strategy for a product or service, based on the value potential and the relative complexity or risk represented by a sourcing opportunity.

<h3><u>Explanation:</u></h3>

Portfolio analysis is an analysis of the elements incorporated in a mix of products to progress decisions that are demanded to develop overall return. Portfolio Analysis carried at frequent intervals benefits the investor to originate innovations in the portfolio allocation and modify them according to the developing market and several factors.

The analysis also assists in customary resource/asset allocation to various elements in the portfolio. It accommodates to estimate the company’s attractiveness. It aids to evaluate the competing strength of the company regarding market share, contribution margin.

4 0
3 years ago
Hester operates a hand car wash service and charges customers $10 per car wash. Based on her knowledge of operations, the 100th
kvv77 [185]

Answer: No. She turns away business when the cost of an additional unit exceeds the income from it.

Explanation:

In order to maximize production, the optimal point at which Hester should wash cars is the point where marginal revenue equals marginal cost. Marginal cost should not be above marginal revenue because it would mean that a marginal loss is being made.

At the 101st car, Hester would make a marginal loss of $0.05 because the cost of $10.05 to wash exceeds the revenue of $10.00 that she charges the customer. She should therefore not accept this or additional business because it will lead to her incurring losses.

4 0
3 years ago
Arbitration is a noncoercive method of resolving a dispute between employer and union.
xeze [42]
A. True is the answer

Hope I helped
4 0
3 years ago
Cynthia, a sole proprietor, was engaged in a service business and reported her income on the cash basis. On February 1, 2013, sh
Sunny_sXe [5.5K]

Answer:

<h3>Cynthia and Dove Corporation</h3>

Any profits generated by Dove Corporation will be taxed to the corporation and also taxed to Cynthia as a shareholder whenever Dove distributes the profits as dividends. Taxing Dove and Cynthia creates a double taxation burden for both Dove and Cynthia. Dove Corporation does not get a tax deduction when it distributes dividends to Cynthia.  Furthermore, Cynthia cannot deduct any corporation loss when incurred.  These are unlike when the business was only a sole proprietorship.

Explanation:

a) Data and Calculations:

Dove Corporation

Balance Sheet

February 1, 2013

Assets

                                                    Basis to Dove     Fair Market Value

Cash                                                 $ 80,000              $ 80,000

Accounts receivable                         0                           240,000

Equipment (cost $180,000;              120,000               320,000

depreciation previously claimed $60,000)

Building (straight-line depreciation) 160,000              400,000

Land                                                    40,000               160,000

Total                                               $400,000          $1,200,000

Liabilities and Stockholders' Equity

Liabilities:

Accounts payable—trade            $ 120,000

Notes payable—bank                    360,000

Stockholders' equity:

Common stock                              720,000

Total                                          $1,200,000

4 0
2 years ago
You are caring for a 69-year-old man with congestive heart failure. His breathing is profoundly labored, his oxygen saturation r
sertanlavr [38]

Answer:

B)

Explanation:

Based on the information provided within the question it can be said that in this scenario you should preoxygenate him with a bag-mask device and then perform blind nasotracheal intubation. This is the process of placing oxygen tubes into the individuals nasal track and down the throat to allow better airflow.

7 0
3 years ago
Other questions:
  • Assuming that diminishing marginal utility applies to both pomegranates and bananas, if Vanessa buys more pomegranates and fewer
    6·1 answer
  • If a hurricane hits central florida, the marginal benefit from visiting disney world ______, which​ ______ the incentive to visi
    7·1 answer
  • What is the economic problem
    8·1 answer
  • Which data model has the highest level of abstraction?
    7·1 answer
  • Monty Corp. receives $180,000 when it issues a $180,000, 10%, mortgage note payable to finance the construction of a building at
    12·1 answer
  • You have $22,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 11 percent and Stock Y with
    11·1 answer
  • Price Quantity Demanded Quantity Supplied $4 10 000 Tickets 8 000 Tickets $8 8 000 Tickets 8 000 Tickets $12 6 000 Tickets 8 000
    7·1 answer
  • Ticker IBS is traded on the Pacific, Gulf and Atlantic stock Exchanges. The sequence of bids in the consolidated record is:
    11·1 answer
  • Write in short about medical occupation. Enlist its importance.<br><br>​
    13·1 answer
  • A __________ is an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a co
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!