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Sindrei [870]
3 years ago
15

An employer provides each of its employees with life insurance protection equal to three times the employee's annual salary. Ann

ette, who is 56, has an annual salary of $28,000. Is annette required to recognize income even though she is still alive at the end of the year and thus nothing has been collected on the life insurance policy?
Business
1 answer:
tino4ka555 [31]3 years ago
3 0

<u>Answer:</u>

On the off chance that you <em>kick the bucket</em> during the term, a passing advantage is paid out. On the off chance that you don't pass on during the term, the approach ends toward the finish of the term.

A noteworthy advantage of this sort of approach is that the excellent cash come back to you is <em>totally tax-exempt,</em> as it isn't viewed as salary yet just a discount of premiums.  

As you're looking into term <em>life coverage approach choices,</em> you may go over the expression yearly sustainable premium.

Be that as it may, for an every year <em>sustainable premium term approach</em>, the top notch will build every year. After some time it's conceivable to pay more in premiums than what might have been paid for a <em>level premium term approach.</em>

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On January​ 1, 2018​, Alaska Freight Airlines purchased a used airplane for $ 44 comma 000 comma 000. Alaska Freight Airlines ex
steposvetlana [31]

Answer:

The depreciation expense for the first year is $8,000,000

Explanation:

Depreciation: The depreciation is an expense which reduce the value of the fixed assets due to tear and wear, usage, obsolesce, etc. It is shown under the income statement in the debit side and the accumulated depreciation would be shown in the asset side of the balance sheet. It is deducted from the ending value of the fixed assets.

The formula to compute the depreciation expense under straight line method is shown below:

= \dfrac{(original\ cost-salvage\ value)}{(useful\ life)}

= \dfrac{(\$ 44,000,000-\$ 4,000,000)}{(4\ years)}

= $8,000,000

In straight line method, the depreciation expense would remain same over the useful life i.e 4 years.

And, we do not consider the miles so we ignored it.

6 0
3 years ago
The consideration of future consequences scale is intended to measure the extent to which an individual considers the future whe
Bingel [31]

If the scale of it were able to provide a more reliable measure, it is expected that the score of the person in the scale would have caused or resulted into a more relatively stable from his or her day to day life or daily life.

3 0
3 years ago
What is a speech given to another person or group of people to present information or research about a topic?
Aliun [14]

Answer: It would either be A or D.

Explanation:

because an oral presentation is a presentation that presents research and statistical information and a slide presentation could do the same but an oral presentation might show more statistical information and a slide might present more research, but if I had to choose one that might be the answer I would say Oral presentation since that's the most common way of presenting research of a topic

5 0
3 years ago
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F a taxpayer offers you a $20 bill because they were so happy about the quality service they received, what would be the appropr
BlackZzzverrR [31]
The appropriate action would be: C. <span>Thank the taxpayer, and explain that you cannot accept any payment for your services.
Government workers couldn't receive cash payment in any kind unless there is a necessary administrative purpose. 
They could on the other hand, receives Gifts that held the value less than $ 20</span>
6 0
3 years ago
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When a company expands by entering new business areas, it is called growth through __________?
garri49 [273]
When a company expands by entering a new business area, it is called growth through diversification. 

Diversity is the means of being different, new, exciting.. something not like another. When a business enters something new, it's called diversification because it's not like what they've done before. With this comes risk but huge growth potential.
7 0
3 years ago
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