The traditional net cost per thousand per year is $- 1.92 is the traditional net cost of this policy, over the first 10 years the policy is in force of insurance policy.
What is the traditional net cost?The shortfall in the business between premium payments as well as the total of dividend plus the cash equivalent of the insurance constitutes the traditional net cost.
Total premium over 10 years
= 10 x Annual premium
= 10 x 1,278 = $12,780
Cash value = $13,740
Net over 10 year
= 12,780 - 13,740
= -960
Net cost per year
= - 960 / 10
= -96
$50,000 non-participating cost whole life insurance policy
Hence, the traditional net cost per thousand per year
= - 96 / 50,000 x 1,000
= - 1.92
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Government control of resources and centralized decision-making are characteristics of:
Answer:
Command economy
Explanation:
An economic system where the means of production are owned by the government and economic activity is managed by a central body that sets quantitative production targets and distributes raw materials to productive businesses
A meeting agenda should include the date and place of the meeting, start and end times, a brief description of each topic with its time allotment for each topic
Specify the ground rules. As the host of her first official business meeting, Antonia wants to conduct herself appropriately.
A virtual team is a collection of individuals who use technology to communicate and cooperate while working together toward a common goal across organizational, temporal, and spatial boundaries. Clear action items, an objective account of the business meeting, and all pertinent details including attendees, date, time, and place should be included in meeting minutes. The size of the group is typically too large when working in small groups. According to the research, the ideal group size is three or four—no more than five. Group members should give their entire attention to the arguments put forward by members who disagree with one another.
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Net Income (Loss)
The journal entry to close revenues and expenses would involve:
Oa. debits to the expense accounts and Retained Earnings and a credit to Fees Earned
Ob. debits to the expense accounts and credits to Retained Earnings and Fees Earned
Oc. a debit to Fees Earned and credits to the expense accounts and Retained Earnings
Od. debits to Fees Earned and Retained Earnings and credits to the expense accounts
4
The journal entry for net income (loss) is debits to Fees Earned and Retained Earnings and credits to the expense accounts (option d).
What is the journal entry for a loss in net income?Net income is the difference between the revenue and the total cost of a company. When the total cost is greater than the revenue, the firm earns a loss.
When the revenue is greater than the total cost, the firm earns a profit. It is necessary to close revenue and expenses because they are temporary accounts as their balance is not carried over to the next period.
When there is a loss, the expense account will increase in value. Thus, the expense account will be credited. When there is a loss, the fees earned and retained earnings account will decline in value. Thus, these accounts will be debited.
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Calculate the sample variance and sample standard deviation for the following frequency distribution of hourly wages for a sample of pharmacy assistants. If necessary, round to one more decimal place than the largest number of decimal places given in the data.
Hourly Wages (in Dollars)
Class Frequency
6.51 - 8.50 50
8.51 - 10.50 18
10.51 - 12.50 42
12.51 - 14.50 20
14.51 - 16.50 46
Sample standard deviation was 3.105, sample variance was 9.641
How do you calculate a frequency distribution's variance and standard deviation?discrete-factors
Determine the mean.
Take the mean out of every observation.
Each of the resulting observations must be squared.
These results should be squared.
Subtract this sum from the total number of observations (variance, S2).
Square the positive root (standard-deviation, S).
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write in detail about the programmes of the institute of agriculture and animal science
Answer:
The mission of the institute is to promote agricultural science and to train manpower for agricultural development focusing on teaching, research and extension.
Explanation:
The president of pepsi company is the keynote speaker at a retirement dinner for a long-time bottler. This is an example of which of the following roles
The president of Pepsi company is that the keynote speaker at a retirement dinner for a long-time manufacturer. This is an example of figurehead role.
What is figurehead role?A figurehead carries out social, legal, and ceremonial duties while also using these occasions to inspire other members of the organisation. A senator digging ground with a golden shovel or a top executive visiting an employee's family wedding are two instances of the figurehead management role.The role of the figurehead is ceremonial. Examples include welcoming dignitaries, attending a coworker's wedding, and taking a significant client out to lunch.Due to their formal authority and position of symbolic leadership inside their organizations, managers are required to take on the role of figureheads. Managers must balance the requirements of their subordinates with the needs of the organization they lead.Despite having little actual influence, if someone is the face of a group or movement, they are acknowledged as its leader. The President will merely serve as a symbolic leader.Learn more about figurehead role here:
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5 Points]
PREVIOUS ANSWERS BRECMBC9 4.11.004.
ou are looking for a bank in which to open a checking account for your new part-time business. You estimate that in the first year, you will be writing 30
ransactions per month. Your average daily balance is estimated to be $900 for the first six months and $2,400 for the next six months.
Use the following information to solve the problem.
DETAILS
Bank
Bank 1
Bank 2
Bank 3
Bank 4
Bank 1
Bank 2
Bank 3
$
Bank 4 $
Monthly Fees and Conditions
$16.00 with $1,000 min. daily balance
-or-
$25.00 under $1,000 min. daily balance
$
$4.50 plus $0.30 per check over 10 checks monthly
$1.00 per debit transaction
$5 plus $0.25 per check
$2.00 per debit transaction
(a) Calculate the cost (in $) of doing business with each bank for a year.
$
$8 plus $0.15 per check
$1.50 per debit transaction
(b) Which bank should you choose for your checking account?
MY NOTES
ASK
Answer:
5 Points]
PREVIOUS ANSWERS BRECMBC9 4.11.004.
ou are looking for a bank in which to open a checking account for your new part-time business. You estimate that in the first year, you will be writing 30
ransactions per month. Your average daily balance is estimated to be $900 for the first six months and $2,400 for the next six months.
Use the following information to solve the problem.
DETAILS
Bank
Bank 1
Bank 2
Bank 3
Bank 4
Bank 1
Bank 2
Bank 3
$
Bank 4 $
Monthly Fees and Conditions
$16.00 with $1,000 min. daily balance
-or-
$25.00 under $1,000 min. daily balance
$
$4.50 plus $0.30 per check over 10 checks monthly
$1.00 per debit transaction
$5 plus $0.25 per check
$2.00 per debit transaction
(a) Calculate the cost (in $) of doing business with each bank for a year.
$
$8 plus $0.15 per check
$1.50 per debit transaction
(b) Which bank should you choose for your checking account?
MY NOTES
ASK
Imagine yourself married with a spouse and two children. You and your spouse both work 08:00 to 17:00 every day, your kids go to school and you have a good normal life. Write an essay of 400 words wherein you explain and outline your monthly and yearly family budget. Make sure to detail the amounts you spend, the items you spend money on, how much you need for holidays in a year on top of the normal expenditures (house, car, etc) and particularly how you and your spouse share the responsibility equally.
To write a essay in which you explain and describe your monthly and annual family budget considering that you are married to a spouse and have two children, it is essential to analyze what the priorities are between that family's income and expenses.
What is personal budget?It corresponds to a technique where the objective is to assist in the allocation of financial resources effectively for each individual's need, through the listing of expenses to identify and understand the expenses in each category, providing subsidies for better decision-making in relation to the finance.
Therefore, a family with two children would probably have essential expenses such as food, house maintenance, children's education and fuel for the vehicle, for example, with the personal budget being a method of better visualization and control of expenses, for organizing long-term goals. for example, how to save for your kids' college.
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Jason works in a water bottling plant. The bottles have to hold exactly one liter of water each. Jason observed that the amount bottles varied about five milliliters above and below the one-liter mark. Which measurement phenomena should Jason use to variation?
Jason uses the metric system to calculate the water filled in the bottles.
What is metric system?All of the following statements apply to the metric system:
System: a group of cooperating or interconnected parts that together constitute a coherent whole.Anything that can be measured can be specified using a system of measurement, or set of units. Systems of measurement were initially established and governed historically to promote trade and internal business. Units were arbitrarily determined by the ruling bodies by fiat and were not always closely related to one another or self-consistent. Some quantities were recognized as basis units when they were later scientifically investigated, which meant that all other needed units of measure could be derived from them.To learn more about metric system visit:
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Question 1 (0.2 points)
Tempo Corp was dealing with an upset customer who had ordered a sofa bed and
was expecting it to arrive on the day before the customer was to have company over
for a visit. The sofa bed did not arrive until three days after the company had left
and the customer was upset since they paid extra to have the sofa bed delivered
early. The sales department stated that the request for early delivery was placed and
the shipping department did not notice the request before sending the item out for
shipment. The organization failed to:
1) Determine the hierarchy of authority
2) Coordinated effort
3) Divide the tasks and specialize
4) Centralize the decision making
Answer:
2
Explanation:
Question 1 (0.2 points)
Tempo Corp was dealing with an upset customer who had ordered a sofa bed and was expecting it to arrive on the day before the customer was to have company over for a visit. The sofa bed did not arrive until three days after the company had left and the customer was upset since they paid extra to have the sofa bed delivered early. The sales department stated that the request for early delivery was placed and the shipping department did not notice the request before sending the item out for
shipment.
The organization failed to:
1) Determine the hierarchy of authority
2) Coordinated effort
3) Divide the tasks and specialize
4) Centralize the decision making
Because the company was uncoordinated and didn't put enough effort (and wasn't paying attention), the sofa was shipped late.
The organization failed to Coordinated efforts. Therefore option B is correct.
What are Coordinated efforts?An institution's departments are all interconnected and dependent on one another. Consider a scenario in which you created a plan and assigned tasks to the managers of your various departments (such as marketing, production, sales, and finance), but it turns out that the tasks are incompatible. They are not interested in cooperating.
And you eventually discover that your idea was a complete failure. When you operate without good coordination, this is what happens.
The process of integrating all of an organization's elements—including its people, finances, resources, activities, machines, business divisions, departments, etc.—so that their combined efforts best achieve the established goals or objectives is known as coordination. It synchronizes everyone in the organization so that their behaviors are consistent.
Hence, The organization failed to Coordinated efforts.
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Please help :(
Economics principles and practices
Chapter 3
Are megamergers harmful
Analyzing the issue questions
xoxoxox
Economics: standards & Practices is the simplest application with full coverage of the new economic system and the impact of the virtual revolution.
Economics is the look at shortage and its implications for the usage of sources, production of goods and services, an increase of production and welfare through the years, and a remarkable form of other complicated problems of vital concern to society.
Economics is the social technology that studies the production, distribution, and intake of products and services. Economics focuses on the behavior and interactions of economic retailers and how economies work.
Economics, at its very coronary heart, is the examination of people. It seeks to explain what drives human behaviour, choices, and reactions whilst faced with difficulties or successes. Economics is a subject that combines politics, sociology, psychology, and history.
Economics seeks to solve the problem of shortage, that is whilst human wants for goods and offerings exceed the to-be-had supply. A cutting-edge financial system displays a department of labor, wherein human beings earn profits by way of specializing in what they produce after which use that profits to purchase the goods they want or want.
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ASAP Please
Shelly purchased a $50,000 nonparticipating whole life insurance policy. The annual premium was $1,278. The cash value of the policy after 10 years will be $13,740. Assuming 5 percent interest, what is the net payment cost of this policy, per thousand per year, over the first 10 years the policy is in force?
Shelly purchased a $50,000 non participating whole her life insurance policy. The annual premium was $1,278. The cash value of the life insurance policy of shelly after 10 years will be $13,740. Assuming 5 percent interest. Therefore, the Per a thousand surrender cost is $4.75.
What does the surrender cost?The surrender cost means the price that is being paid on the customer, this is because the policy holder is canceling their policy.
Annual Premium = $1278
Cash Value = $13,740
Interest rate = 1.3127%
The future value of $1 deposited at the start of the year at 5% is $13.207
Let the future value = $13,740
Amount to be deposited per annum
= $13,740/13.207 = $1,040.36
Difference between the premium paid and derived annual payment
= $1,278 - $1,040.36 = $237.64
The difference per thousand per annum of, 50,000 = $ 237.64/50
= $4.7528 or $4.75
Per a thousand surrender cost of the policy = $4.75
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Which of the following is NOT a part of a report?
answer?
Findings are not part of report. Thus, option C is correct.
What is a report?A report is a written document that organizes information for a particular audience and use. Complete reports are nearly always supplied in the form of written papers, despite the fact that summaries of reports may be given verbally.
Reports employ elements like tables, graphics, photographs, voiceovers, and specific jargon to enlighten readers about a topic or encourage a target audience to take a particular action. Reports frequently have headings to assist readers rapidly discover pertinent information, as well as graphic components like charts, tables, and figures that can help break up lengthy passages of text and make difficult topics more understandable.
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Imagine you manage a bookstore. The store sells both fiction and nonfiction titles, but because your store is located in a beachside town, it has a very large selection of beach and sea-themed books.
Answer:
i think that your current answer is good, but before that you should add "since the bookstore is selling sea-themed books, that is what they specialize in."
Explanation:
this sounds right because it is what they specialize in.
Which of the following best describes the concept of "opportunity cost?"
A. Opportunity cost is what you give up when making your choice.
B. Opportunity cost is the amount of time it took for you to make the decision.
C. Opportunity cost is the cost of the item minus the sale price.
D. Opportunity cost is what you gain from making the choice.
Answer:
hrefurdghffugdddffffd
Question 1
Enterprinal quality and explaining how these qualities contributed in a business
Enterprise quality contributed to a business, As entrepreneurs, we tend to continually have a full plate and experience that we will take on any challenge. In fact, if we maintain adding to the already-full plate its miles eventually going to crumble and create a multitude.
As entrepreneurs, we tend to continually have a full plate and experience that we will take on any challenge. In fact, if we maintain adding to the already-full plate its miles eventually going to crumble and create a multitude. do not be afraid to delegate responsibilities to an experienced member of your agency that has the potential to get duties completed.
Right time management is necessary to differentiate between extraordinarily pressing obligations and those which can wait. Use a pocketbook or whiteboard to prioritize your responsibilities via writing them down.
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The selling price of office furniture at Staples is $6,000, percent markup on cost is 40%. Calculate the actual cost.
Based on the selling price of the office furniture and the percentage markup on cost, the actual cost is $4,285.71
What is the actual cost?The actual cost can be found by the formula:
= Selling price / (1 + markup percentage)
Solving will then give:
= 6,000 / (1 + 40%)
= 6,000 / 1.4
= $4,285.71
In conclusion, the actual cost is $4,285.71 .
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state 2 sources of income from sales for a pizzeria
Two sources of income from sales for pizzerias include:
Sales of pizzas and other pastries Sales of drinks and refreshments How do pizzerias make money?Pizzerias as the term implies, are places that make and sell pizzas. This means that their chief source of income from sales would be the sale of pizzas. They also make sales of other pastries such as calzones and bread on occasion.
Pizzerias also sell drinks and liquid refreshments for customers to consume when eating the pizzas so this is another source of income from sales for pizzerias.
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Select the correct answer.
What is the best method for modern businesses to authorize the use of workplace resources to its employees?
OA
Assign
a them a user authentication and password.
a O B. Maintain a log to record their use of workplace resources.
O c.
Monitor their activities using security cameras.
© D. Restrict them to use resources only during specific hours.
E. Allow them to use certain resources only during lunch time
Answer:
They should be given a user password and password protected account.
(hope this helps)
38:38
Mark is a college student and frequently needs to either rent a car or borrow his friend's car. Although he doesn't own a car of his own,
he wants to buy himself some liability coverage that would apply whenever he drives someone else's car. Which coverage should Mark get?
Mark is a college student and frequently needs to either rent a car or borrow his friend's car, Mark should get Non-owner coverage.
Non-owner coverage is non-public vehicles that your business would not own, rent, or lease. Non-owned automobile coverage helps provide legal responsibility and safety if a car you haven't leased, hired, or rented is pushed on your business and is a coincidence.
In case you drive often but do not own an automobile, a non-proprietor insurance policy provides legal responsibility coverage for bodily harm and property harm, which means that it'll cover you if you're answerable for damages or injuries in a coincidence.
Non-owner vehicle coverage is for individuals who sometimes drive an automobile they don't own but need to prove insurance. It affords liability coverage that will pay for accidents and assets that harm our purpose to other humans in a twist of fate. but, it doesn't cowl damage to the automobile you have rented or borrowed, nor for any accidents.
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Who represents the State in a jury trial?
OA. The judge
OB. The prosecutor
C. The jury
OD. The defense attorney
The defense attorney represents the State in a jury trial.
An attorney is a someone who has the constitutional authority to act on behalf of another person. Lawyers are individuals who have completed law school and, in many cases, have taken and passed the bar test. Attorney derives from a French word that means "to act on behalf of another." Attorney is an abbreviation for the professional title "attorney at law."A jury trial, often known as a trial by jury, is a legal proceeding in which a jury makes a decision or factual findings. It differs from a bench trial in which all judgments are made by a single judge or panel of judges.In many, but not all, common law judicial systems, jury trials are utilized in a considerable proportion of important criminal cases. The majority of Asian common law nations have abolished jury trials on the basis that juries are biased.Thus this is the meaning of Jury trial.
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Answer: the prosecutor
Explanation: i just took the quiz
Complete the text with words or phrases from the box.
as well as but also
finally
for example retenty
the first one
the second one
WELCOME TO RFC GROUP
FC Group ple is one of the largest
financial services companies in the
country. It has branches.not.only.
in the capital,
. 2 in four
other cities. FC is rapidly expanding
overseas.
.3, it already has
operations in Brazil, Poland and Turkey.
FC has two main divisions.
" is its Financial
This division provides independent
financial advice to start-up companies.
s, the Internet
Technology Division, provides secure
e-mail services ....................
6 access
to online databases.
it also has a unit helping small
companies design their own websites.
Services Division.
Answer:
can you say about this financial group?
it's mean what is the main aim of this group.
Why is the effective handling of negative information of such importance to a company?
The effective handling of negative information of such importance to a company because the purpose of negative or crisis information messages is to arm staff members with the information they need to act wisely in an emergency or crisis.
What is crisis management?An organization's approach to identifying and dealing with a threat, an unexpected incident, or any negative interruption that has the potential to hurt people, property, or business processes is called crisis management.With the help of crisis management, managers can devise strategies for getting out of ambiguous situations and deciding on their next course of action. With the use of crisis management, managers may spot crises in the making, warn personnel of potential repercussions, and take the necessary preventative action.Every workplace negative or crisis information strategy's primary objective is to promote effective internal communication during times of crisis. The ability to quickly distribute information and maintain a consistent message across all organizational platforms is the most critical benefit of a crisis communication plan. That message mostly depends on what the crisis entails and how it affects all parties.Learn more about crisis management here:
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The correct question is:
Why is the effective handling of negative or crisis information of such importance to a company?
QUESTION TWO
The following data relates to the economy of a country over a one-year period.
K’B
Subsidies ………………………………………… 1 000
Gross domestic fixed capital formation……………. 2 400
Exports of goods and services ……………………. 2 000
Government final consumption ……………………. 3 000
Property income from abroad …………………… 300
Imports of goods and services ……………………. 2 500
Value of physical decrease in stocks …………… 10
Consumer’s expenditure ……………………. 8 000
Capital consumption/Depreciation ………………… 1 500
Taxes on expenditure……………………………... 1 750
Property income paid abroad ……………………. 500
Taxes on income…………………………………………1200
Required
Calculate the following from the above data:
(a) Gross domestic product at market prices (5 marks)
(b) Gross domestic product at factor cost (5 marks)
(c) Gross national product at factor cost (5 marks)
(d) Net national product at factor cost (5 mar
Answer: i wouldnt know
Explanation: i seriously wouldnt know
what are the importance of technical education in nepal?
Answer:
Nepal is a developing country that constitutes major population as youth so technical education makes youth skillfull, productive and self reliant.
Explanation:
Improving the wellbeing of youths and communities.It increases productivity. It makes individual to become self reliant.It builds entrepreneurship and create better avenues for investment.
Thus technical education in nepal makes youth skillfull, productive and self reliant.
David recently purchased a chain of dry cleaners. Although the business is making a modest profit now. David suspects that if he invests in a new press, he could recognize a substantial increase in profits. The new press costs $15.400 to purchase and install and can press 40 shirts an hout (or 320 per day) David estimates that with the new press, it will cost 50.25 to launder and press each shirt. Customers are charged $1.10 6 Marks a How many shirts will David have to press to break even? 6. Soft, David's workload has varied from 50 to 200 shirts a day How long would it take to break even on the new press at the low-demand estimate at the high demand estimate? c. If David cuts his price to 50.99 a shirt, he expects to be able to stabilize his customer base at 250 shirts per day How long would take to break even at the reduced price of So 997 Should David cut his price and buy the new press?
Yes, David must lower his pricing and get the new press because it has the quickest breakeven time in this construction.
Qa:
F = $15400 in fixed cost
V = $0.25 for variable costs
P=$1.1, the selling price.
Contribution margin (C) = P-V (1.1-0.25) = $0.85
F/C=15400/0.85 is the breakeven point.
= 18117.65
= 18118 tops
Qb:
Low demand prediction:
50 shirts per day/18118
= 362.36
~ 363 days
high estimate of demand of breakeven:
daily 18118/200 shirts
= 90.59
~ 91 days
Qc:
New contribution margin: 0.99 minus 0.25 equals $0.74
F/C=15400/0.74=20811 shirts as the new breakeven quantity.
250 shirts per day are the new estimates for demand.
Time to break even is equal to 20811/250.
= 83.24 days
Yes, David must lower his pricing and get the new press because it has the quickest breakeven time in this construction.
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The company acquired a machine on January 1 at an original cost of $ 81,000. The machine’s estimated residual value is $ 15,000, and its estimated life is 20,000 service hours. The actual usage of the machine was as follows:
Year 1 9,000 hours
Year 2 5,000 hours
Year 3 4,000 hours
Year 4 2,000 hours
Explanation:
The company acquired a machine on January 1 at an original cost of $ 81,000. The machine’s estimated residual value is $ 15,000, and its estimated life is 20,000 service hours. The actual usage of the machine was as follows:
Year 1 9,000 hours
Year 2 5,000 hours
Year 3 4,000 hours
Year 4 2,000 hours
The original draft of the Declaration of Independence condemned
O slavery
O the slave trade
O emancipation
The original draft of the Declaration of Independence condemned
O slavery
Question 10 of 10
How does the practice of fractional reserve banking affect banks?
A. It allows banks to keep only a small percentage of their deposits in
reserve.
B. It ensures that banks always have cash reserves equal to their
total deposits.
C. It gives banks the freedom to change interest rates on loans at any
time.
D. It prevents banks from profiting off loans they provide with
deposited funds.
Answer:
A. It allows banks to keep only a small percentage of their deposits in
reserve.
Explanation:
Fractional reserve banking allows banks to only hold fraction deposits as reserve and use most of it to gain interests as loans.
What is the first step you will take with your new business partners to plan your business?
Conducting market research will be the initial stage in our company planning process with my new business partners. Market research will reveal whether there is a chance for your idea to become a lucrative business.
What steps are involved in starting a business?Planning, important financial decisions, and several legal procedures must all be completed before a firm may be launched.
Conduct market research to learn more about possible clients and local companies that are currently up and running.Create a business plan. Your business plan serves as the cornerstone of your enterprise. It serves as a guide for organizing, managing, and expanding your new company.Finance your firm. Your business plan will assist you in determining how much cash you'll need to launch your venture.Select the location of your business. Whether you're opening a brick-and-mortar establishment or an online shop, the decisions you make could have an impact on your taxes, regulatory obligations, and earnings.Select a business structure. Your choice of business structure will influence your liability, tax obligations, and business registration procedures.Pick a name for your firm. Choosing the ideal name is difficult. You'll want one that embodies your personality and your brand.Register your firm. After choosing the ideal company name, it's time to make it official and safeguard your brand.Obtain federal and state tax identification numbers. You'll need your employer identification number (EIN) to establish and run your firm, such as to open a bank account and pay taxes.Obtain licenses and permits—Keep your company operating effectively by adhering to legal requirements.Open a business bank account. A checking account for your small business will assist you to deal with daily, tax, and legal difficulties.Learn more about business plan: https://brainly.com/question/15173276
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I will write an business plan/government summary. This is the first web page of your business plan. Think of it as your elevator pitch.
It ought to include a mission statement, a short description of the products or services offered, and a vast precis of your monetary increase plans.
What is a perfect business plan?Good enterprise plans should consist of all monetary information. Write up important points about all loans and when they will be paid off. Moreover, summarize details about capital gear that will be used and how it will be depreciated. Conduct a break-even evaluation that estimates when your corporation will possibly turn a profit.
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