<span>Disability income plans which require that the insurer can never change or alter premium rates are usually considered </span>noncancellable.
Noncancellable means an insurance policy that can not be canceled as long as the customer makes their premium payments. They can not cancel or change the service agreement for any reason if payments are made.
300 X $690 = $207,000
432 X $590 = $254,880
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STSN
Answer:
Find attached question with multiple choices
The third option ,72,000 shares, is the correct answer.
Explanation:
A stock split refers to redenomination of shares by increasing the number of shares and proportionately reducing the number par value per share.
A 3-1 share split means that one prior share now commands three shares while the price of one share is apportioned between the three shares
Robinson now 3/1*24,000 shares=72,000 shares
One previous share was $1 par value but the three new shares would $1/3=$0.33 per share instead of the previous $1 par value
If Baldwin currently pays his employees with $50/hour and he promised to give an additional performance bonus of 0.25% if the productivity goals are reached. Assuming that he has 500 employees, he needs to pay his employees:
$50 * (1+0.0025) = $50.125/hour will be the new rate of each employee,
if he has 500 employees:
500 * $50.125 = $25,062.50
He has to pay a total of $25,062.50 per hour in total.
