Answer: 9%
Explanation:
A variable life insurance policy is simply referred to as a contract between an individual and the insurance company. In the case of death to the individual, a certain amount would be paid to the family of the individual.
It should be noted that under current regulations, the maximum sales charge permitted over the life of the policy is 9% and this period should not be more than twenty years.
Engi Sola Corp. Manufactures solar engines for tractor trailers. Given the fuel savings available, new orders for 125 units have been made by customers requesting credit. The variable cost is $9,700 per unit, and the credit price is $11,100 each. Credit is extended for one period. The required return is 1.9% per period. If Engi Sola extends credit, it expects that 30% of the customers will be repeat customers and place the same order every period forever, and the remaining customers will be one-time orders.
Answer:
The net present value (NPV) of the decision to grant credit is $2,938,157.89.
Explanation:
Note: This question is not complete. The complete question is therefore provided before answering the question as follows:
Engi Sola Corp. Manufactures solar engines for tractor trailers. Given the fuel savings available, new orders for 125 units have been made by customers requesting credit. The variable cost is $9,700 per unit, and the credit price is $11,100 each. Credit is extended for one period. The required return is 1.9% per period. If Engi Sola extends credit, it expects that 30% of the customers will be repeat customers and place the same order every period forever, and the remaining customers will be one-time orders.
Calculate the NPV of the decision to grant credit.
The explanation of the answer is now given as follows:
Number of new orders = 125 units
Percentage of repeat order = 30%
Number of order that will be repeated forever = Number of new orders * Percentage of repeat order = 125 * 30% = 37.50 units
Credit price per unit = $11,100
Variable cost per unit = $9,700
Contribution margin per unit = Credit price per unit - Variable cost per unit = $11,100 - $9,700 = $1,400
Total contribution for all new order = Number of new orders * Contribution margin per unit = 125 * $1,400 = $175,000
Total contribution margin for order that will be repeated forever = Contribution margin per unit * Number of order that will be repeated forever = $1,400 * 37.50 = $52,500
Net present value (NPV) of total contribution margin for order that will be repeated forever = Total contribution margin for repeated order forever / Required return = $52,500 / 1.9% = 2,763,157.89
Net present value (NPV) of the decision to grant credit = Total contribution for all new order + NPV of total contribution margin for order that will be repeated forever = $175,000 + 2,763,157.89 = $2,938,157.89
Therefore, the net present value (NPV) of the decision to grant credit is $2,938,157.89.
Question 8
How much money will you need for retirement? Which answer is the most
correct answer?
My social security plus what I have put in a regular savings account will do
ОА.
it
OB. A good guidelines is 80% of your working income.
Three years income and the 25% I may receive from my company's
Oc.
pension plan
OD Enough money to last 20 year
Answer:
subject??
Explanation:
1. State TWO responsibilities performed by a treasurer at a
meeting
What should you expect to get from your insurance company in exchange for your premium?
Answer:
see below
Explanation:
Premiums are the regular payments the insured pays to the insurance company for insurance coverage. By paying premiums, the insurance company agrees to compensate the insured for any financial loss resulting from the risk covered by the insurance contract.
Premiums are the cost of insurance. The customer pays premiums while the insurances undertake the risk stated in the policy documents. Should the customer suffer damages, injuries, or financial loss, the insurance companies compensate the customer as per the terms stated in the insurance contract.
With your bill paid off and starting back at $0, the latest video game comes out and costs $60. You put it on your credit card and can’t afford to pay the whole bill all at once, so you make the minimum payment each month.
How much is that minimum payment?
Answer: 5 dollars per year
Which of the following are advantages of accrual basis
accounting? (Select two answers.)
It meets GAAP standards.
It is good at tracking cash flow.
olt records transactions only when cash changes har
It allows you to track money that is owed but not yet
It means you don't have to use receipts or invoices.
Answer:
My opinion is A It meets GAAP standards.
& D It allows you to track money that is owed but not yet
Explanation:
C It records all actions and E is required for a invoice if incase if it's over 100- 1000, to ensure it's possibly not being stolen or ensure they want this actions
After reading about primary and support activities in a firm's value chain, discuss how managers can create value by establishing important relationships among the value-chain activities both within their firm and between the firm and its customers and suppliers.
Answer and Explanation:
It is very significant for the managers to develop an important relationship in the value chain activities as it develop a positive impact on the company also it improves the employees morale.
The better the communication is, the better is the quality of the goods at the lowest cost
In the case of the inbound logistics and the suppliers, it would lead to decrease in the cost of inventory and at the same time it improve the quality of the products
Also when the customers have interacted with the manufacturing company so it would build trust and in return the company wants the loyal customers that ultimately increased the goodwill of the company
In order to achieve a balanced, rapid flow through a Lean system, disruptions must be minimized. What are some causes of disruptions in production
Answer:
- Quality problems
- Equipment breakdowns
- Late deliveries from suppliers
Explanation:
The key causes of disturbances in the production would include the 'issues associated with the quality,' 'breakdowns in the equipment,' and the 'delayed delivery of raw materials from the suppliers.' These disruptions will not only affect the effectiveness and efficacy of the process but also influence the timely achievement of desired outputs and goals. Thus, in order to ensure the effective accomplishment of targets, it becomes necessary to minimize these disruptions and follow a lean and smooth system.
"Who is responsible for filing a U-5 Form with IARD when an investment adviser representative is terminated and associates with another advisory firm?"
Answer: The investment adviser that is the former employer is responsible
Explanation:
U-5 is a security industry termination form filled by the employer that terminates an individuals employment.
When the individual relates with another advisory firm, the new employer now reactivates the individuals registration by filling a U-4 with IARD. The employee is not really notified when both forms are filled
Are Age, sex and race are the only characteristics in the protected class?
Answer:
Under federal law, employers cannot discriminate on the basis of race, color, national origin, religion, sex, age, or disability. The law is not, however, a blanket bar on employers taking into account a person's membership in one of these groups in all circumstances
Explanation:
can i get brainlist
The NASAA Statement of Policy on Dishonest or Unethical Business Practices of Broker-Dealers and Agents includes prohibitions against certain practices designed to manipulate market prices of securities. An activity that would fall within the spectrum of the prohibitions would be A) front running B) wash trades C) guaranteeing customers against loss D) churning customer accounts
Answer:
B) wash trades
Explanation:
In the case when the wash trades are performed so it consists the simultaneous or near-simultaneous i.e. selling and the repurchase of the similar security for the motive of producing the trading activity due to which price rise. This is the form of how the market manipulates. The other options i.e. given in the question is not considered the market manipulation
Therefore the option B is correct
A dealer in U.S. government securities quotes a 5-year Treasury note at 89.12-89.16. In dollars, that represents a spread of
Answer:
0.00125
Explanation:
In order to determine the spread of the dealer's quote, there is a need to undertstand that the first price quoted is known as bid price, which is the price the dealer is willing to purchase the securities while the second one is the ask price, the dealer's selling price.
From a conventional point of view(norm), the spread is the ask minus the bid price divided by 32 as shown thus:
spread=(89.16-89.12)/32=0.00125
NEED ASAP
What are the steps for properly carrying an item
Answer:
Do not twist or turn the body; instead, move your feet to turn. Your hips, shoulders, toes, and knees should stay facing the same direction. Keep the load as close to your body as possible with your elbows close to your sides. If you feel fatigued, set the load down and rest for a few minutes.
Explanation:
Prepare journal entries,On 25 September, you pay payroll for all employees, out of the company's bank account. Total gross salary was 5,750,000 and PAYE was 2,000,000. The salary is paid to the employees out of your company's bank account but PAYE payments will be made to the authorities in October.
Answer:
On 25 September, we have:
Debit Salary expenses for $5,750,000; Credit Bank for $3,750,000; and Credit PAYE payable for $2,000,000.
Explanation:
On 25 September, the journal entries will look as follows:
Date Account Title Dr ($) Cr ($)
Sep. 25 Salary expenses 5,750,000
Bank (w.1) 3,750,000
PAYE payable 2,000,000
(To record total gross salary.)
Note that when the PAYE is eventually paid to the authorities in October, let say on October 5, the journal entries will look as follows:
Date Account Title Dr ($) Cr ($)
Oct. 05 PAYE payable 2,000,000
Bank 2,000,000
(To record PAYE paid to the authorities.)
Workings:
w.1: Bank = Total gross salary - PAYE = $5,750,000 - $2,000,000 = $3,750,000
What is one major difference between income tax and sales tax?
A. Income tax is based on taxable income, while sales tax is based
on gross income.
B. Income tax is regressive, while sales tax is progressive.
C. Income tax is based on gross income, while sales tax is based on
taxable income.
D. Income tax is progressive, while sales tax is regressive.
Answer:
D. Income tax is progressive, while sales tax is regressive.
Explanation:
In a progressive tax system, the percentage of tax imposed increases as the taxable income rises. For income tax, progressive tax means an individual with a low income will be taxed using a lower rate compared to high earners. Progressive tax categorizes incomes into different income brackets depending on the level of income. The tax rate increases as one move from a low-income bracket to a higher one.
A regressive tax system charges a constant rate for everyone. Sales tax is a good example of a regressive tax. The tax on basic items, low-priced items, is at the same rate as expensive or high-end items. It means that low-income earners are taxed the same rate as high-income earners for all items purchased.
explain the difference between a peer to peer LAN server-based LAN
Answer:
In Client-Server Network, Centralized server is used to store the data. While in Peer-to-Peer Network, Each peer has its own data. ... In Client-Server Network, Server respond the services which is request by Client. While in Peer-to-Peer Network, Each and every node can do both request and respond for the services.
following info were supplied to you
a Cheque deposited in total of 10000
only to the extent of 4000.
required:bank bank reconciliation statement
Please help
Answer:
sorry I can't ans kygsstfzlfzlsrztlukyzkly
What is gross pay?
when the cost of living rises
salary before taxes
salary after taxes
legal payment for work completed
Employee benefits
(A) can be worth a great deal of money.
(B) include the salary that an employee is paid.
(C) should never be considered when trying to decide whether to accept a job.
(D) all of these
Answer:
(D) all of these
Explanation:
Employers offer attractive benefits to attract and retain the best talents in the industry. Employee benefits are offered over and above wages and salaries. They are also called fringe benefits or perks and include Medical insurance coverage, bonuses, overtime, and retirement benefits.
Employees are encouraged to compare the different benefits that employers offer before accepting a Job. Benefits are not standardized and may be costly to employers. Employees should analyze them carefully to select the employer providing the best.
Can somebody help me figure out what he means by this assignment. Don't actually do it but like explain it to me
Answer:
It seems like u have to see what companies did to help out like did they raise how much the get paid in hour I hope this helps.
Explanation:
The U.S. encourages domestic companies to export because _____________.
A.
It increases inflation.
B.
It increases the number of U.S. consumers who buy domestic products.
C.
It increases the value of a U.S. dollar.
D.
It improves the interest rate.
Please select the best answer from the choices provided
A
B
C
D
Answer: C; Ot increases the value of a U.S dollar.
Explanation: Just did the quiz
Answer:
c
Explanation:
jus did the quiz edg 2020
How can interest rate fluctuations impact a nation's economy?
Higher interest rates tend to attract foreign investors.
Lower interest rates limit credit availability for residents of a country.
Higher interest rates trigger intervention from the WTO and IMF.
Lower interest rates raise the value of a country's currency.
Answer:
A. Higher interest rates tend to attract foreign visitors.
Explanation:
I just took the test.
Select the correct answer.
Which legislation is the most recent piece of consumer protection legislation?
Consumer Bill of Rights
Fair Credit Reporting Act
Dodd-Frank Wall Street Reform and Consumer Protection Act
Credit CARD Act
Answer:
Consumer Bill of Rights
Explanation:
Explain how labor costs affect where multinational corporations choose to make their products.
Answer:
see below
Explanation:
Multinationals are large corporations that operate in multiple countries. They have their headquarter in their home country and at least one branch in a different country. Multinationals are motivated to operate in different countries because capital is relatively mobile compared to cheaper labor and materials.
Labor constitutes a huge percentage of the company's expenses. A high wage bill may cripple the growth of a business. To avoid huge wage bills, companies expand to countries with relatively cheaper labor. A business can operate profitably by manufacturing in a country with lower labor costs.
Multinationals are known to shift operations between countries. If labor conditions are not favorable in one country, they can move to other countries with better and lower labor costs.
Betty made a 20% profit on a residential lot she sold for $30,000. What did she pay for the property
Answer: $25000
Explanation:
From the question, we are informed that Betty made a 20% profit on a residential lot she sold for $30,000. Let the cost price of the property be represented by x.
Therefore, (100% + 20%) of x = $30000. This means that 120% of x = $30000.
120% × x = $30000
1.2x = $30000
x = $30000/1.2
x = $25000
Therefore, the amount paid for the property is $25000
Select two answers
Marcus is applying for a job as a guidance counselor at a high school. Which two details should he include in his résumé?
A. his ethnicity
B. his counselor certification
C. his country of origin
D. his years of teaching experience
E. his age
People need to have ____ in the economy to spend money.
A) less disposable income
B) confidence
C) purchasing power
Answer:
B) confidence
Explanation:
Consumer confidence represents the level of optimism that consumers have on the general state of the economy. Consumer confidence is an expression of sentiments that the population has on the economic prospects in the country. The consumer confidence indicator is the metric used to measure consumer confidence.
High consumer confidence indicates that consumers are very optimistic about the prospects of the economy. When confidence is high, consumers tend to spend and invest more. With low confidence, consumers save more.
what do you mean by pricing. In what situation price is reduced
Answer:
Explanation
Meaning that as they lower their prices, the cost per unit is lowered and therefore their profits remain the same. If the business is breaking into a new market, starting off with a very low market share, and have the financial backing and resources to offer a lower price than competitors.
How long would it take to double your money in an account that paid 6% per year
Answer:
depending on how much you put in there to start with but 5 to 10 years
Insurance sales, tax preparation, personal financial advising, and investment fund management are careers in which
workers can be self-employed. Which careers have the highest and lowest self-employment rates?
O Insurance sales has the highest rates, and tax preparation has the lowest rates.
O Personal financial advising has the highest rates, and investment fund management has the lowest rates.
O Investment fund management has the highest rates, and insurance sales has the lowest rates.
O Tax preparation has the highest rates, and personal financial advising has the lowest rates.
Answer:
Its A.
Explanation:
The correct option is A.
Which careers have the highest and lowest self-employment rates?Insurance sales have the highest rates, and tax preparation has the lowest rates. Personal financial advising has the highest rates, and investment fund manager has the lowest rates.
What do most careers in finance deal with?A person who plans, summarizes, analyzes, and interprets accounting information. Keeps an establishment for the deposit or loan of money, or for traffic in money, bills of exchange, etc.
Learn more about Insurance sales here https://brainly.com/question/25855858
#SPJ2