Answer:
$800 = $750 (base policy) + $50 (rider)
Explanation:
An insurance policy rider is a clause (or provision) that changes the terms of an insurance policy. Usually riders increase the benefits of an insurance policy, e.g. additional coverage. But they can also set limits on policy coverage. Insurance policy riders that provide additional benefits or coverage usually carry an additional charge.
Final answer:
If the policyowner cancels the waiver of premium rider, the total annual premium to be paid to keep the policy in force will be $750, which is the cost of the base policy.
Explanation:
The subject of this question is a mix of Business and Mathematics, focusing on insurance premiums and riders associated with a life insurance policy. The student asks what the total annual premium will be if they decide to cancel a waiver of premium rider on a $100,000 policy that has a $30,000 cash value. The base policy costs $750 annually, and the rider costs an additional $50. Without the rider, the policyholder must pay the cost of the base policy only, which amounts to $750 per year.
Ellen Ortiz works as a sales manager at a telecom firm. The company has recently launched a new product in the market. Her work in the next few weeks involves sharing knowledge about the product with her team members. She will also need to inspire them to reach their sales targets and clarify any doubts about the new product. Which of the following roles is Ortiz playing?A) leaderB) liaisonC) disseminatorD) spokespersonE) negotiator
Answer:
correct option is A) leader
Explanation:
solution
As Ellen Ortiz work as a sales manager and inspire to team so they reach their sales target and clarify all doubts about new product so we can say she play team leader role
because team Team Leader Duties and Responsibilities that is
keep all information about product and clear all doubts about product motivate their team for reach their goal with providing training Recruit and provide training to sales Teamand prepare sales Report etcso here correct option is A) leader
On December 15, 2019, a company receives an order from a customer for services to be performed on December 28, 2019. Due to a backlog of orders, the company does not perform the services until January 3, 2020. The customer pays for the services on January 6, 2020. The revenue principle requires the revenue to be recorded by the company on:
Answer:
The revenue principle requires the revenue to be recorded by the company on January 3, 2020.
Explanation:
Revenue recognition principle states that income is recorded when it is earned irrespective of when the cash is received.
Earning of Income neither means receiving of order as on December 15, 2019 nor commitment of completing the order as on December 28, 2019.
The customer pays for the services on January 6, 2020. This date will not be considered as the date of income earning.
Date of Income earning is when the services are rendered that is on January 3, 2020.
Final answer:
The revenue should be recorded on the date the service is performed.
Explanation:
Revenue recognition is an accounting principle outlining when and how to recognize revenue from sales. It involves determining the amount, timing, and certainty of revenue earned. Adhering to standards like ASC 606, businesses recognize revenue when goods or services are transferred to customers in amounts that reflect the consideration the business expects to receive.
The revenue principle requires the revenue to be recorded by the company on the date the service is performed. In this case, the company did not perform the services until January 3, 2020, so the revenue should be recorded on that date. It doesn't matter when the customer paid for the services, the revenue recognition should match the performance of the service.
Investors tend not to consider social responsibility when evaluating a company, provided the company has a strong bottom line.
Answer:
TRUE
Explanation:
The investors in a company will primarily look at FIGURES when they want to invest because the primary aim of investment is to make profit.
So primarily the focus is the financial performance of the company and not social responsibility. The expectation is to have a return on investment over time. Hence investors rather ask 'does the company make money?' rather than 'how does the company make money?'
The direct materials budget is prepared using information from the ________ budget.
Answer: Production budget
Explanation:
The production budget is basically permit the organization for tracking the cost and all the production details that is required for the inventory necessary requirement of an organization.
The production budget is also known as the financial plan of the company for estimating the overall production budget by proper scheduling.
The one of the main factor of the production budget is the sales target as it basically calculated the total number of products that are manufactured in an organization.
Therefore, Production budget is the correct answer.
Trendy Appliances has introduced a new product, Minute Yogurt, into the yogurt maker appliance market. Minute Yogurt differs from competitive offerings because it takes a minute to blend and a minute to clean. Which type of advertising would be best for promoting Minute Yogurt?
A) informative advertising
B) reminder advertising
C) classified advertising
D) comparative advertising
E) personalized advertising
Answer: Informative Advertising
Explanation:
Informative Advertising is a form of advertising where a company gives some details about the benefits of using a product and somethings they do differently from their competitors in the market.
Minute Yoghurt needs to inform their market of the special steps of blending and cleaning they applying when producing their product.
Compared to the other states, where did Texas fall in the SPI policy liberalism ranking in 2012?
Answer:
Ranked 34th
Explanation:
Texas fall in the SPI Policy liberalism ranking at number 34th in year 2012 which was ranked 36th in year 2008.
Texas ranks as one of the more conservative states as it oppose gun control, are more often pro-life/ anti-abortion, and favor regressive consumer taxes
The states which are ranked near or below Texas are either Western or Southern states
We must see that policy liberalism rankings are not critiques; they provide insight into the kinds of policies that can be expected to be supported
Vertical integration is defined as one company controlling every phase of the business from raw materials to transportation, manufacturing, and distribution.
a) true
b) false
Answer:
a) true
Explanation:
There are basically two types of integration which are categorized below:
1. Horizontal integration
2. Vertical integration
In horizontal integration, the company acquired another company that is doing the same type of business whereas, in the vertical integration, the company acquires another company supply chain i.e from raw material, manufacturing, distribution, retail and after-sale services.
One of the largest automobile dealers in the city advertises a 3-year-old car for sale as follows: Cash price $3575, or a down payment of $375 with 45 monthly payments of $93.41. Susan DeVaux bought the car and made a down payment of $800. The dealer charged her the same interest rate used in his advertised offer. How much will Susan pay each month for 45 months? What effective interest rate is being charged?
Answer:
monthly payment = $81interest rate = 15%Explanation:
You can use a loan calculator to determine the the effective interest rate of the loan:
loan's principal = $3,575 - $375 = $3,200number of monthly payments = 45 or 3.75 yearsmonthly payment = $93.41interest rate = 15%
Now we can calculate Susan's monthly payment:
loan's principal = $3,575 - $800 = $2,775number of monthly payments = 45 or 3.75 yearsinterest rate = 15%monthly payment = $81
Adam was in the fifth grade when he was adopted by the Smith's. Because his school used a centralized database, all of his teachers had his correct name on their grade reports. This is an example of how a centralized database can help improve data ___ .
Answer: Integrity
Explanation:
The data integrity is the term which refers to the data quality and the data integrity is one of the important factor can be improved as it maintains the accuracy and also consistency of the data in system.
According to the given example, the centralized database can helps in improving the data integrity in the system as we can easily update the records in the database system and we can also retrieves the given data from the system.
Therefore, Data integrity is the correct answer.
Orlando Perez, president of a local information systems company, volunteered his time to help develop software for Best Friends, a local no-kill pet shelter. The software will allow the organization to track intake, placement, and statistics of animals in its three locations. Without Mr. Perez’s assistance, Best Friends would have needed to hire someone to develop this software. Best Friends should record the value of Mr. Perez’s time as:___________A) Program revenue and supporting servises expense.B) Contribution revenue and supporting servises expense.C) Program revenue and program expense.D) Contribution revenue and a program expense.
Answer:
D) Contribution revenue and a program expense.
Explanation:
If a contributor does not indicate a cap on his or her donation, the amount the non-profit receives is reported as an expenditure and contribution revenue. Unrestricted contribution revenues (recorded on the operation statement) also lead to an increase in the amount of net assets without donor limitations.
Program expenses (or expenditures for system services) are the sums paid directly by the non-profit in carrying out its services. For example, if a non-profit has three main programs, each of the three programs will be listed together with the expenses of each program.
In this example of a Keynesian driven recovery, Government Spending increases to a level of $__________ billion in order to start an upward multiplier process..
Answer:
$100 billion
Explanation:
The Keynesian Multiplier is a theory that states that if spending on private consumption increases and the net expenditure by the government leads to an increase in the total GDP by more than the value of the increase. From the Keynesian example, the answer is 100 billion dollars.
A negotiable certificate of deposit A. is a bearer instrument, meaning whoever holds the certificate at maturity receives the principal and interest. B. can be bought and sold until maturity. C. is a term security because it has a specified maturity date. D. all of the above.
Answer: Option D
Explanation: A Negotiable Deposit Certificate refers to a $100,000 initial face value deposit contract. These are lent by a bank and therefore can typically be offered on a highly liquid resale market,although before completion of maturity period they can not be cashed in.
An NCD is brief-term, varying from two weeks and a year. Cost will be charged at completion or the unit will be bought at a discount over its face value. Rates of interest are trad-able, and an NCD's yielding depends on the circumstances of the stock market.
Thus, from the above we can conclude that the correct option is D.
which of the following is not allowed by scrum refactoring velocity tracking relaease planning hardening sprints
a. Using Story Points
b. Hardening Sprints
c. Release Planning
d. Using Planning Poker
Answer:
(B) Hardening sprints
Explanation:
Hardening Sprints are not allowed because the subject of hardening should be continuously address throughout normal Sprints.
Or if the question has the following options:
Which of the following is not allowed in Scrum?
a. Using Story Points
b. Hardening Sprints
c. Release Planning
d. Using Planning Poker
Answer:
(B) Hardening sprints
Explanation:
Using Story Points, Release Planning, Using Planning Poker are not mandatory but allowed. Only hardening sprints are not allowed.
Hardening Sprints is the method not promoted in Scrum among the given options because it suggests a failure in the development process. Other options like Using Story Points, Release Planning, and Using Planning Poker are used in Scrum for productivity measurement, release management, and decision-making.
Explanation:The question is asking for the technique out of the given options that are not promoted or typically used in Scrum, a popular framework for agile project management. The correct answer is (b) Hardening Sprints. Scrum encourages continuous integration and high-quality output throughout the project lifecycle. As such, hardening sprints, which are essentially buffers used to fix issues and stabilize the project at the end of the product increment, usually suggest a failure in the development process and are thus not supported by Scrum.
Other options such as Using Story Points (a), Release Planning (c), and Using Planning Poker (d) are all methods encouraged and utilized in Scrum to measure productivity, manage release schedules effectively, and make team decisions, respectively.
Learn more about Scrum methodology here:https://brainly.com/question/33059464
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What is the efficient markets hypothesis, and how does it relate to random walks?
Answer: Answer is in Explanation below
Explanation: The efficient market hypothesis expresses that assets such as share prices are set to reflect all the information available. This means that the prices found in the markets only respond to new information.
A random walk states that share market prices change randomly. This means that the prices cannot be forecasted. This financial theory makes it consistent with the efficient market hypothesis, as these prices are set based on available information, and only change when new info is introduced into the market. Investors do not have a say in what the price should be, and cannot claim that the share price is over or undervalued.
The multiplier process is limited by _________ of cash as individuals may "keep out" some of the cash from their loan..
°injections
°leaks (correct)
°burning
°none of the above
Answer: Leaks
Explanation: Multiplier process is the term used to describe the series of actions put in place to ensure a quick fix to certain economic issues. It may require a high level spending by Government in infrastructures or through individual investments in order to improve the overall performance of the economy,their well-being or by implementation of some economic policies by Government.
The main limitations to the Multiplier process is Leaks.
Leaks are caused when certain amount of cash or other economic resources are diverted or withheld preventing it from impacting the system. In this case the "keep out" of some of the cash from their loan is actually a leak.
_________ typically involves researching a specific market to determine its size, trends and potential.
Answer:
correct fill up is marketing research
Explanation:
solution
marketing research is typically involves researching because marketing research basic reason is for carrying out research to findout change in consumer behavior due to change in element of the marketing mix
like product , prize , size, tread and potential etc
and it involves 2 types of data
Primary informationSecondary informationMarket research always provide relevant data to help you for solve marketing challenges
so here correct fillup is marketing research
Which of the following is an example of a firm’s derived demand? a. Workers with higher levels of education earn more, on average, than workers with lower levels of education. b. Factors that decrease the demand for labor will decrease the equilibrium wage. c. A tractor manufacturer’s demand for assembly-line workers is inseparably linked to the supply of tractors. d. All of the above are correct.
Answer:
c. A tractor manufacturer’s demand for assembly-line workers is inseparably linked to the supply of tractors
Explanation:
Derived demand is when the demand for a good, service or labour is as a result of demand for another good or service.
The demand for assembly line workers is as a result of demand for tractors. If there was no demand for tractors ,there would be no need to employ assembly line workers.
I hope my answer helps you.
Which of the following statements reflects the transferability of ownership rights in a corporation? a) A stockholder must obtain permission from at least three other stockholders before selling shares. b) A stockholder may dispose of part or all of his shares. c) If a stockholder decides to transfer ownership, he must transfer all of his shares. d) A stockholder must obtain permission from the board of directors before selling shares.
Answer: Option B
Explanation: In simple words, a corporation refers to an entity which has its own separate legal identity from its owners. Generally these entities works on a very large scale and the ownership rights of such companies is divided into many shares which are hold by several different individuals.
The holders of stock of such entities gets return in form of dividend and can resell their shares for capital gain in an open market of securities. As the owner and the company are two different entities the owner is not liable to report for the action of selling shares to the company.
The correct answer is b) A stockholder may dispose of part or all of his shares. Corporate stock ownership allows easy and flexible transfer of shares without needing permission, unlike partnerships or sole proprietorships.
When dealing with corporate stock ownership, one key benefit is the ease of transferability of shares.
Unlike a sole proprietorship or partnership, where selling interests can be complicated and require approval from other partners or the sale of the entire business, corporate stockholders can buy and sell shares without needing permission from the corporation's board or other stockholders. This flexible transfer system encourages more investors, as it allows them to sell part or all of their shares easily, depending on their financial needs.
A division of a corporation regularly renders investment advice for a fee to its clients. The corporation also regularly performs securities transactions for the clients of its advisory service. Under the Uniform Securities Act, the corporation is:___________.A) a broker/dealer onlyB) an investment adviser onlyC) Both a broker/dealer and an investment adviserD) Neither a broker/dealer nor an investment adviser
Answer:
C). Both a broker/dealer and an investment adviser
Explanation:
The USA defines a broker/dealer as any person who is in the business of executing transactions in securities for the accounts of others or for its own account. The USA defines an investment adviser as any person who provides advice about securities as a business for compensation.
A carbon tax would be an efficient method of addressing the problem of global warming because:a. it eliminates the positive externalities associated with global warming.b. it forces firms to internalize the external cost of emissions.c. carbon taxes are an external cost.d. it is less likely than the cap-and-trade policy to result in rising prices.e. fims are likely to prefer the carbon tax over the cap-and-trade policy
Answer:
.b. it forces firms to internalize the external cost of emissions
Explanation:
A carbon tax is a fee imposed by the government on any firm that burns fossil fuels. Fossils most used by firms include gasoline, coal, oil, and natural gases. Burning of these fossils emits greenhouses gases such as carbon dioxide and methane, which creates global warming by heating the atmosphere.
A carbon tax forces enterprises to pay for the harsh effects of global warming on society. If the tax is set at a high rate, it deters firms from burning fossils. Companies adopt environmentally friendly production processes to avoid the carbon tax.
Explain the several processes by which the Federal Reserve can increase or decrease the money supply.
Answer:
Monetary policy instruments:
(a) Reserve requirements:
It is the part or portion of the deposits with the banks that have to be kept with the fed. If this reserve ratio increases then as a result money supply decreases because now banks have to keep more funds with the fed.
(b) Open market operations:
It is a monetary policy instrument used by the Federal reserve for controlling the money supply in an economy. When there is a need to increase the money supply then fed purchases the government securities from the public and vice versa.
(c) Discount rate:
It is the interest rate at which federal reserve lends money to the banks. If there is an increase in this rate then banks have to pay higher interest to the fed. This will reduce lending capability of the banks and hence, decreases the money supply.
Organic Produce, Inc. has 43 comma 000 shares of common stock outstanding and 5 comma 000 shares of preferred stock outstanding. The common stock is $ 0.02 par value; the preferred stock is 7% noncumulative with a $ 100.00 par value. On October 15, 2019, the company declares a total dividend payment of $ 47 comma 000. How much dividend will be paid to the preferred stockholders?
Answer:
$49,000
Explanation:
Data provided in the question:
common stock outstanding = 43,000
Preferred stock outstanding = 5,000
Value common stock = $0.02 par value
Value preferred stock = 7% noncumulative with a $ 100.00 par value
Total dividend payment declared = $47,000
Now,
Dividend paid to the preferred stockholders will be
= Preferred stock outstanding × Value preferred stock
= 7,000 × $100 × 7%
= 7,000 × $100 × 0.07
= $49,000
What is the maximum period that an insurer would pay benefits in accordance with an Additional Monthly Benefit rider?
Answer:
One year
Explanation:
A rider refers to an additional benefit that is added to an insurance policy. These are options that a policy holder can include in their policy. The Additional Monthly Benefit rider gives additional benefits to a person that has a disability income policy in the first year of a claim while he/she waits for the Social Security benefits. According to this, the maximum period that an insurer would pay benefits in accordance with an Additional Monthly Benefit rider is 1 year.
Falcon Co. produces a single product. Its normal selling price is $28 per unit. The variable costs are $18 per unit. Fixed costs are $21,200 for a normal production run of 5,000 units per month. Falcon received a request for a special order that would not interfere with normal sales. The order was for 1,680 units with a special price of $19 per unit. Falcon has the capacity to handle the special order, and for this order, a variable selling cost of $2 per unit would be eliminated.
If the order is accepted, what would be the impact on net income?
increase of $6,552
increase of $5,040
decrease of $3,024
increase of $4,032
Answer:
increase of $5,040
Explanation:
Since there is excess capacity, we will not factor in Fixed costs in this special order.
Incremental profits than would be = Selling price - Variable and incremental costs.
We also eliminate any cost savings.
Per unit Profit = 19 - (18 - 2) = $3
Total impact on profits = $3 * 1680 = $5,040
If the order is undertaken a net positive impact of $5,040 will be added to the profit stream of the company.
Hope that helps.
Consider a bank balance sheet, with "Assets" on the left and "Liabilities" on the right side. Identify where the following items belong. I. Deposits this bank holds in an account with another private bank Deposits this bank holds in an account with another private bank. II. Borrowings from another bank in the interbank loan market Borrowings from another bank in the inter bank loan market. A. Both liabilities. B. Both assets. C. I: assets; II: liabilities. D. I: liabilities; II: assets.
Answer:
C. I: assets; II: liabilities.
Explanation:
Assets are the physical and intangible properties of business or individual. They are resources used in generating revenues or profits for a business. Assets add value or increase the capital of a company. Examples of assets include cash, inventory, investments, office equipment, and plant and machinery.
Liabilities are debts or obligations that a firm or individual owe to other entities or individuals. Liabilities decrease the net value of a company. Examples of liabilities include Bank debt, money owed to suppliers (accounts payable), Wages owed, and Mortgage debt.
Cash belonging to a bank but held in another bank account is, therefore, an asset, while money borrowed is a debt, hence a liability.
The United States trade deficit first became a problem in the 1970s because?a. The prices of imports from Japan increased dramatically.b. The prices of imports from China increased dramatically.c. The price of foreign oil was raised by APEC.d. The price of foreign oil was raised by OPEC.
Answer:
The price of foreign oil was raised by OPEC.
Explanation:
By the end of 1960s the foundation of OPEC (Oil producers and exporter countries) defined the collusion of some oil producer countries to increase their power over the oil market. With the political crisis in the Arab world, the OPEC to advantage of shortage in oil world supply and increase the price of oil. Being the US a net importer of oil, the increment in oil prices turned into a trade deficit in a short time.
Which investment should be made today to have $25,000 in an account if it is invested at 2.15% compounded monthly for 25 years.
Answer:
14,619.88
Explanation:
The investment today amount shall be calculated using the following formula:
F=P(1+i/n)^nt
F= total future amount which include interest+principal=$25,000
P=Amount that should be invested today
i=interest rate per year=2.15%
n=number of months in a year=12
t=time involved in investment in years=25
F=P(1+i/n)^nt
25,000=P(1+2.15%/12)^12*25
25,000=P(1.71)
P=14,619.88
Mayweather reports net income of $340,000 for the year ended December 31. It also reports $111,900 depreciation expense and a $12,100 loss on the sale of equipment. Its comparative balance sheet reveals a $48,600 increase in accounts receivable, a $12,300 decrease in prepaid expenses, a $18,700 increase in accounts payable, a $15,300 decrease in wages payable, a $90,400 increase in equipment, and a $121,000 decrease in notes payable. Calculate the net increase in cash for the year.
Final answer:
Mayweather's net increase in cash for the year is calculated by making adjustments to the net income for non-cash transactions and changes in working capital, resulting in a net increase of $421,100.
Explanation:
Calculation of Net Increase in Cash
To calculate the net increase in cash for Mayweather for the year, we must consider the net income and adjustments for non-cash transactions and changes in working capital based on the information provided.
Firstly, we start with the net income of $340,000. We then add back the non-cash expenses, which include depreciation expense of $111,900 and the loss on sale of equipment of $12,100, since these do not affect cash. We also consider changes in working capital: an increase in accounts receivable decreases cash, so we subtract $48,600, while a decrease in prepaid expenses increases cash, so we add back $12,300. An increase in accounts payable implies more cash, so we add $18,700; a decrease in wages payable means less cash, so we subtract $15,300.
Now, even though we have information about changes in equipment and notes payable (an increase of $90,400 and a decrease of $121,000, respectively), these typically relate to investing and financing activities and are not part of operating cash flow without further information. Therefore, we exclude these figures from this calculation.
The net cash provided by operating activities is:
Net Income: $340,000
Add: Depreciation Expense: $111,900
Add: Loss on Sale of Equipment: $12,100
Less: Increase in Accounts Receivable: $48,600
Add: Decrease in Prepaid Expenses: $12,300
Add: Increase in Accounts Payable: $18,700
Less: Decrease in Wages Payable: $15,300
Adding and subtracting these figures:
$340,000 + $111,900 + $12,100 - $48,600 + $12,300 + $18,700 - $15,300 = $421,100 net increase in cash for the year.
Who is responsible for maintaining property records and issuing marriage licenses?
A. county tax assessor
B. county clerk
C. county treasurer
D. county auditor
Answer:
B. county clerk is the correct answer.
Explanation:
County clerk is responsible for maintaining property records and issuing marriage licenses.A County Clerk responsible for maintaining records and filing birth certificates, notary bonds, death and marriage certificates of a country's population.The County Clerk maintains documents of all regulatory body transactions, statutes and resolutions.County Clerk Responsibilities is to scan the documents, helping with telephone queries, making election administration assignments, obtaining election data, creating and managing files, and preparing and filing different documents.Answer:
B
Explanation:
Monetarist Theory states that:
A. increased government spending will stimulate the economy
B. tax rate reductions and lower government spending will stimulate the economy
C. the actions of the Federal Reserve control the level of economic output
D. tax rate increases and increased transfer payments will stimulate the economy
Answer:
The correct answer is (c)
Explanation:
Monetary economists believe that Federal Reserve controls the economic output. The policy Federal Reserve Bank applies determines the economic situation of a country. The Federal Reserve is liable to apply the monetary policy, and that monetary policy moves the country's output. If money supply increases in the economy it can lead to inflation and lower interest rate.