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3 years ago

The death benefit of a(n) _____ life insurance policy may go down because of poor investment returns.

1 answer:

6 0

The death benefit of a(n) variable and universal life insurance policy may go down because of poor investment returns.
Universal life insurance and variable life insurance are two types of permanent life insurance, in this case if the the person who insured dies any time as long as there is enough cash value to pay the costs of insurance in the policy, the death benefit will be paid.

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A tax on imported goods is called…

frutty [35]

Tariff C
Taxes took the test before

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3 years ago

For each error below, indicate:

patriot [66]

Answer:

1. Inventory account will be affected and assertions of accuracy and valuation will be violated.

2. Assets are overstated and assertion classification is violated.

3. Liability is understated and assertions of accuracy is violated.

4. No impact.

Explanation:

Assertions are certain claims of a business which a business must fulfill in order to make its financial statements reliable. A company has to record the expense when it is incurred in order to provide accuracy in valuation. In the given cases the assertions are violated which impact business accounts.

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3 years ago

Financial data for Joel de Paris, Inc., for last year follow:

suter [353]

Answer:

profit margin: 7.09%

Turnover:

Assets : 1.85

Account Receivable: 11.53

Inventory: 9.05

ROI: 28.94%

2.- residual income 91,395

Explanation:

sales 4,700,000

net income 333,000

profit margin:

net income / sales

333,000 / 4,700,000 = 0,070851 = 7.09%

Turnovers:

Will be sales over an asset account to calcualte how many times the assets converts to cash or rotate.

the average will be calcualte as (beginning + ending)/2

Assets turnover:

sales/average assets

sales 4,700,000

(2,505,000 + 2,585,000) / 2 = 2,545,000

Ratio: 1,8467 = 1.85

Account Receivable Turnover:

sales/ average turnover

sales 4,700,000

(344,000 +471,000)/2 = 407,500

Ratio: 11,5337 = 11.53

Inventory Turnover

Sales/ average inventory

Sales 4,700,000

(568,000 + 471,000)/2 = 519,500

Inventory turnover: 9,04716 = 9.05

ROI

net income / average equity

where:

average equity : (beginning + ending)/2

1,092,000 + 1,209,000 = 1,150,500

333,000/1,150,500 = 0,28943

Residual income:

net income - Equity x expected return

333,000 - 1,150,500 x 0.21 =

333,000 - 241,605‬ = 91,395

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3 years ago

All of the following are characteristics of perfect competition EXCEPT Group of answer choices many buyers and sellers. lack of

Greeley [361]

Answer:

The three primary characteristics of perfect competition are (1) no company holds a substantial market share, (2) the industry output is standardized, and (3) there is freedom of entry and exit. The efficient market equilibrium in a perfect competition is where marginal revenue equals marginal cost.

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2 years ago

The largest capital market security outstanding in 2019 measured by market value was:_______

yulyashka [42]

The largest capital market security outstanding in 2019 measured by market value was cooperate stocks.

<h3>What is cooperate stocks?</h3>

Corporate stock, can as well be described as the equity security, which serves as the instrument that is been utilized by corporations in order to raise capital.

However to purchase stock in the company, the buyer is entitled to voting rights , hence The largest capital market security outstanding in 2019 measured by market value was cooperate stocks.

Learn more about cooperate stocks at:

brainly.com/question/25818989

#SPJ1

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2 years ago