The answer to this question is Convertible Term Insurance.
Convertible Term Insurance is a type of insurance where in the policy holder
can change a term policy for a whole policy without doing the medical
examination that is required to new application of plans. Term insurances is an
insurance that has a limited coverage period but it can be renewed and can be
convertible to permanent life insurance when the plan is already matured.
Answer:
In control
Explanation:
Mean of bottle 1=(34.96+34.17+34.93+34.17+34.28)/5=34.502
Mean of bottle 2=(35.22+33.64+33.87+33.74+35.37)/5=34.368
Mean of bottle 3=(35.51+32.74+34.49+36.60+36.54)/5=35.18
X double bar=(34.502+34.368+35.176)/3=34.68
Since the literature claimed that the objective of the mutual fund is to be a single source investment for most equity investors, then, it would most likely be describing a short-term investment
Basically, the mutual fund is classified as a short-term investment because of its duration.
Since the literature claims mutual fund is a single source investment for most equity investors, it hows that it is a short-term investment because the fund are usually purchased for less than say 3 years.
In conclusion, the literature would most likely be describing the mutual-fund as a short-term investment
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Answer:
When FOB shipping point is used, buyer pays the freight. When FOB destination is used, the seller pays the freight.
a. Purchased merchandise with freight costs of $650. The merchandise was shipped FOB shipping point.
- the Box Company is responsible for paying the freight charges ($650) and they are classified as product costs.
b. Shipped merchandise to customers, freight terms FOB shipping point. The freight costs were $310.
c. Purchased inventory with freight costs of $1,500. The goods were shipped FOB destination.
d. Sold merchandise to a customer. Freight costs were $520. The goods were shipped FOB destination.
- the Box Company is responsible for paying the freight charges ($520) and they are classified as period costs.
