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3 years ago

What is a similarity between a term life insurance policy and a whole life insurance policy?

Business

1 answer:

aleksandr82 [10.1K]3 years ago

5 0

Both provide financial compensation to the beneficiaries upon the policyholder’s death.

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If your license says you must wear corrective lenses, you ____________________________. A. should only wear them when you feel t

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You need to wear them when you are driving

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3 years ago

Lerner Co. had 200000 shares of common stock, 20000 shares of convertible preferred stock, and $600000 of 10% convertible bonds

mestny [16]

Answer:

Basic EPS=$1.08

Explanation:

Basic EPS= Net income after tax-preferred shares' dividend/Weighted average of outstanding shares

Net income after tax=$360,000*.7=$252,000

Dividend to preference shareholders=20,000*1.8=$36,000

Weighted average shares outstanding=200,000

Basic EPS=($252,000-$36,000)/200,000

Basic EPS=$1.08

7 0

3 years ago

Read 2 more answers

Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of the company’s products, a football helmet for the N

Alik [6]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

During the quarter ending June 30, the company manufactured 3,700 helmets, using 2,368 kilograms of plastic. The plastic cost the company $15,629. According to the standard cost card, each helmet should require 0.56 kilograms of plastic, for $7.00 per kilogram.

A) Standard quantity.

SQ= 0.56kg * 3,700 helmets= 2,072 kg el plastic.

B) Standard cost.

SC= 2,072 kg* $7= $14,504

C) Material spending variance.

MSvariance= real cost - estimated cost= 15,629 - 14,504= $1,125 unfavorable

Material price variance= (standard price - actual price)*actual quantity= [7 - (15,629/2,368)]*2,368= $947 unfavorable

Material quantity variance= (standard quantity - actual quantity)*standard price= (2,072 - 2,368)*7= $2,072 unfavorable

5 0

3 years ago

Direct Materials and Direct Labor Variance Analysis

ValentinkaMS [17]

Answer:

use socratic its in the app store

Explanation:

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3 years ago

Consider a $1200 investment for a new plant that is expected to have a Residual Value of $200 in five years. What is the Salvage

deff fn [24]

Answer:

$173

Explanation:

The computation of the salvage value at the end of year 5 is given below:

Cost of the asset $1,200

Multiply with the depreciation rate 5.76%

Book value at the 5 year end = $69

Resale value $200

gain on sales $131

Multiply with the Capital gain 21%

tax on gain $27

After tax gain on salvage value $173 ($200 - $27)

3 0

3 years ago