In the year 2000, the US census showed that 9.1% of those over 75 had not married so the percentage is relatively low and from 75-84 yrs old, about 50% were still married, 40% were widowed and 5.4 % were divorced.
Explanation:
Refers to how well a product or service meets the customer's needs
The two basic types of life insurance policies are B. Term and Permanent Whole Life.
A life insurance policy is a contract that someone gets with an insurance company. The purchaser makes payment to the company and if the person passes away, the insurance company will pay a large lump-sum payment known as a death benefit. Life insurance policies vary based on the purchaser. Whole and Term are two different types of life insurance policies. Whole life insurance coverage covers you your entire life whereas term life insurance only pays if needed during a certain term in life.
<span>lower-of-cost-or-market
It is inconsistent because losses are recognized but not gains.
b. It usually understates assets.
c. It can increase future income.
"market" in the lower-of-cost-or-market rule be more than
estimated selling price in the ordinary course of business less reasonably predictable costs of completion and disposal.
Designated market value
is always the middle value of replacement cost, net realizable value, and net realizable value less a normal profit margin
Lower-of-cost-or-market is most conservative if applied to individual items of inventory.
the rationale behind the ceiling when applying the lower-of-cost-or-market method to inventory is to prevent overstatement of the value of obsolete or damaged inventories.</span>
Answer:
56.67%
Explanation:
Purchase cost = 30 dollars
Margin x price = 0.60x30 = $18
30-18 = $12
Profit = $47 - $30 - 0.07(12)
= 16.16
Percentage earned = (16.16 /18) * 100
= 89.78%
Profit from the trade
= 47-30
= 17
Percentage earned = 17/30 * 100
= 56.67%
The return would have been 56 67% if the investor had not done this.
