I believe the answer is: Variable Universal Life
Variable Universal Life is considered as a long-term policy because the clause could only be activated if the policy holder is deceased.
This type of insurance usually would separate the death policies account with the investment account in order to offer more flexibility for the holder.
Answer:
A career plan
Explanation:
A career plan is kinda like a road map for achieving your career goals!
Hope this helps and peace and love
Answer:
The correct general entry is,
Cash 1,600,000 Dr
Common Stock-$0.10 Par value 40000 Cr
Paid-ln Capital in Excess of Par—Common 1,560,000 Cr
Option c is the correct answer
Explanation:
The issuance of stock will mean an inflow of cash to the company as a result. The cash received will be equal to the number of shares issued multiplied by the value at which they are issued.
Thus, cash received will be = 400000 * 4 = $1600000
As the asset is increasing, the cash will be debited.
On the other side of the transaction, the issuance of stock is always recorded at the par value in the common stock account and any amount received in excess of par value is credited to the Paid-in-Capital in excess of par-Common Stock account.
Thus, Common stock will be credited by = 400000 * 0.1 = $40000
The remaining = 1600000 - 40000 = 1560000 will be credited to Paid-in-Capital in excess of par-Common Stock account.
The two ways that Ashley should engage in—in order to
increase the profits of her business are the following;
<span>·
</span>Cut back expenses – this will lessen the expense
that could contribute to her business as a way of saving up and using the money
when only needed
<span>·
</span>Increasing sales – this is a strategy used in
means of having product’s at high prices in a way of earning a lot more
