k purchased a life insurance policy in 1986 which paid 10% interest in the early years of the policy. 20 years after the purchased, she received a notice from the insurer stating that the policy will soon terminate unless a much higher premium is paid because because of falling interest rates. this type of policy is known as a life policy

Answers

Answer 1

The above type of policy is known as a universal life insurance life policy.

What is universal life insurance?

Universal life insurance is a form of permanent insurance, which indicate that coverage can last throughout lifetime so long as premiums are paid. It is the cost of insurance that refers to the amount of money charged by the insurer to cover you.

The Universal Life Policy can be considered as a kind of permanent life insurance. Also, an individual is covered along with his/her life.

The universal life insurance policyholder can see the following:

The expense charges. The interest earned.Cost of insurance.

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Related Questions

An investor buys a call at a price of $4.50 with an exercise price of $40. At what stock price will the investor break even on the purchase of the call

Answers

Answer:

44.50

Explanation:

I think your just suppose to add the numbers together.

An investor buys a call at a price of $4.50 with an exercise price of $40. At 44.50, the stock price will the investor break even on the purchase of the call.

What is stock?

The term stock refers to the product are the ready to the sale for the bulk in the production. The stock is always in the bulk in items. The stock is the measured according to the quantity. The stock was ready to be delivered to the wholesaler.

According to the 44.50, the stock price will the investor break even on the purchase of the call.

The given amount was the based on the price of $4.50.

The exercise price of $40.

Determine was the stock:

Break even price: $44.50

40 +4.5 = 44.50

As a result, the 44.50 stock price will the investor break even on the purchase of the call.

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When did Lillie allow an external company access to her credit report specifically for an auto loan? 5/10/2015 6/5/2015 12/15/2016 5/10/2017

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The question is about when Lillie allowed an external company to its credit report.

Lillie received a request by Toyota Financials for her credit report access on 5/10/2015 for an auto loan approval.

She provided the access on 5/10/2017 since the date of removal for this inquiry is 5/10/2017. There is a delay in providing access to the financials of about 2 years.

Lillie allowed access to the external company, Toyota Financial to her credit reports in order to satisfy the company about her financial position and grant her an auto loan.

The correct answer is 5/10/2017.

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Anchor Resort and Casino surveils its customers and employees through a complex network of recorded video; undercover security agents; and weighing chips, cards, and coins for key transactions. What potential disadvantage of monitoring employees should Anchor managers consider

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The potential disadvantage of monitoring employees that Anchor Resort and Casino managers do is that extensive monitoring can make employees feel that Anchor Resort doesn't trust them.

In a Casino where there is a high currency circulation and whose games can be more susceptible to fraud, it is necessary to have more regulation and monitoring, but when it becomes an excessive practice it can encourage employee turnover and demotivation.

There must be a mutual trusting relationship between a company and an employee, as a positive relationship generates greater job satisfaction, greater motivation and generates an organizational culture focused on development.

Therefore, Anchor Resort and Casino can develop a strategy to increase trust in the relationship among employees through training, open communication, feedback and encouraging positive practices in the company.

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Fraudulent charities frequently collect donations in the following ways:
Group of answer choices

commercials, phone, door-to-door

fundraiser events, email, phone

email, phone, door-to-door

email, phone, commercials

Answers

Answer:

email, phone, door-to-door

Explanation:

Commercials and fundraiser events are too public for frauds

Calculate the total revenue if the firm produces 8 versus 7 units. Then, calculate the marginal revenue of the eighth unit produce

Answers

The total revenue at the 7th and 8th unit will be $1155 and $1280 respectively while the marginal revenue is $125.

From the complete information, the total revenue at the 7th unit will be:

= 165 × 7 = $1155

The total revenue at the 8th unit will be:

= 160 × 8 = $1280

The marginal revenue will be:

= $1280 - $1155 = $125

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Economists normally assume that the goal of a firm is to Group of answer choices maximize its total revenue. minimize its explicit costs. minimize its total cost. maximize its profit.

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Economists normally assume that the goal of a business firm is to: D. maximize its profit.

Profit can be defined as an amount of money that is generated by an individual or a business firm when the manufacturing cost is deducted (subtracted) from total revenue.

Generally, economists usually consider the maximization of profit as the goal of a business firm.

In this context, economists usually assume that the goal of a business firm is to earn:

Profits as large as possible, even if it has to reduce its level of production.Profits as large as possible, even if it has to incur a higher total manufacturing cost.

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The accountant recorded the adjusting entry for the depreciation of its long-lived assets with a debit to Depreciation Expense and a credit to Accumulated Depreciation. As a result of this entry, assets and stockholders' equity will be ______. Multiple choice question. unaffected by the entry understated decreased overstated

Answers

As a result of the entry that was made by the accountant, assets and stockholders' equity will be decreased.

From the information given, it should be noted that an accountant recorded the adjusting entry for the depreciation of its long-lived assets with a debit to depreciation expense and a credit to accumulated depreciation.

Since there's a credit to the accumulated depreciation, it should be noted that there will be a reduction in the assets and the stockholders equity.

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The ______ period rate of return is simply the rate of return over some arbitrary investment period.

Answers

Answer: holding

Explanation:

Marvin places his telephone number on the national do-not-call list. After six months, Marvin is still receiving telemarketing calls. Particularly annoying to Marvin are the robocalls - those autodialed, prerecorded commercial telemarketing messages! Marvin hates telemarketing calls anyway, and if a live person cannot take the time to actually place the call, Marvin sure has no use for them. Marvin files a complaint with the Federal Trade Commission (FTC) about the robocalls. Marvin could also sue the companies that placed the calls. If Marvin chooses to sue the companies that placed the calls:

Answers

If Marvin chooses to sue the companies that placed the calls, it is very likely that he could get between $500 to $1,500 as damages on every Text Message or Call that he got after he had placed his telephone number on the national do-not-call list.

This is so because the range of award in damages stipulated by the Telephone Consumer Protection Act (TCPA) falls right between that range. If it is established that the company intentionally continuously sent recorded calls or messages to its customers, against their wishes, then the maximum amount of $1,500 may be awarded.

The TCPA is a federal law. The Federal Communications Commission (FCC), help to enforce the TCPA.

Prohibited forms of Calls

There are several other types of communication that is prohibited by the TCPA. Marvin's case falls into the category of the National Do-Not-Call Registry. Any form of communication to numbers entered into such registry is deemed illegal.

Other categories are:

Making calls to mobile or residential phone lines using pre-recorded or artificially generated calls. This includes calls that enter in the voice mailbox of the recipient;Unsolicited adverts, which were sent to phones or faxes of the recipients.

It is important to note that not all the calls in the categories highlighted above are illegal. There are a few exceptions to the rule. They are, call from:

Public safety officialsSchools and CollegesNot-for-profit entitiesFinancial InstitutionsUtility Servicing companiesGovernment establishments etc.

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If the economy is experiencing an inflationary gap, the Fed should conduct ______ monetary policy to ______ aggregate demand.

Answers

The answer is Contractionary and Decrease

Can someone please reading this and tell me if it sounds good so far, thanks!

Answers

It sounds good so far! nice job

It actually isn't bad; I would take out the freshman year sentence though.

for the past twenty years, curtis purchased its jewelry-cleaning kit components from evans’ suppliers, a local company that recently went out of business. as a recent hire to curtis, you are excited about the opportunity to search for a supplier. what should be your first step?

Answers

As a new Curtis hire, the first step in looking for a supplier is to explore priorities within your own company and find out which Curtis stakeholders, such as manufacturing and marketing, need a supplier.

Every organizational action comes from planning, there needs to be analysis, gathering of relevant information, evaluation of alternatives and therefore decision-making.

Therefore, the choice of a new supplier must be based on the company's needs, and the one that offers the best opportunity cost, the best price, service and quality must be chosen.

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Dillards buys finished products and sells them for a profit to its customers. Dillards is a part of which type of market

Answers

Dillards is a part of the Reseller market

The market consisting of wholesalers and retailers who buy products for resale purposes.

Dillards is a part the Reseller market.

What type of business is a reseller?

A reseller business allows you to resell products bought from manufacturers to customers. The reseller dropship business model is affordable, making it a great option for new entrepreneurs. As a reseller, you're essentially the middleman between the manufacturer and customers.

What are resellers examples?

Most resellers are retail organizations. These include grocery stores, department stores and specialty stores, such as home improvement or pet supply stores. There are many different types of retailers, from Wal-Mart to Macy's to the boutique on Main Street.

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Shida has had such great success with his IT consulting company for the last five years that he was able to pay himself a competitive salary within the first 18 months of operation. According to the GEM study, Shida is a/an ______.

Answers

Shida is seen as potential entrepreneur according to the GEM study.

GEM study is conducted by Global Entrepreneurship Monitor that tracked rates of entrepreneurship.

The study conducted on Shisa as a IT Expert shows that the company tries to understand how his entrepreneur skills enables him to pay himself a competitive salary within the first 18 months.

Therefore, Shida is seen as potential entrepreneur according to the GEM study.

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intelligent industries recently purchased a $50,000, 10% 12-month bond. from intelligent’s point of view, this bond would be considered a

Answers

from Intelligent’s point of view, this bond would be considered a current asset, because it represents a resource that can easily be converted to cash within one year.

A bond is a debt instrument. A bondholder is entitled to regular predetermined interest rate payments and at the end of the bond's tenure, the bondholder would receive the amount invested.

Current assets are assets that are expected to be sold, used, or exhausted through standard business operations with one year.

Examples of current asset are:

cash cash equivalents accounts receivablestock inventorymarketable securities pre-paid liabilities

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each of the statements shown is characteristic of a phase in the development of a competitive market industry. please classify each statement as a cause of firms exiting the market, the number of firms in the market remaining stable, or firms entering the market.

Answers

Firms would exit the market in the following circumstances:

Price is less than average cost Firms post an economic loss.

The market would remain stable in the following circumstances:

No firms earn economic profit

Firms would enter the market in the following circumstances:

Price is greater than average cost.Firms earn both economic profit and accounting profit.

A competitive market industry is characterised by many buyers and sellers of identical goods and services. Market price is set by the forces of demand and supply.

In the long run, firms would earn only accounting profit. If a firm earns economics profit in the short run, firms would enter the industry in the long run. This would reduce economic profit to zero.

In the short run if firms earn economic loss, in the long run, firms would leave the market. As a result, economic profit would rise to zero.

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what document explains your rights and responsibilities as a federal student loan borrower? your master promissory note your billing statement your financial aid offer check answercheck answer previous

Answers

The master promissory note is a document that explains your rights and responsibilities as a federal student loan borrower.

The first option is correct. This document is one that is legally binding. Before a student agrees that they would want to take out loans as students, they first have to know what their rights and responsibilities are as a borrower and also to the lending facility.

There are a lot of available options that are in place to help with the management of student loans.

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cosy corner plc case study

Answers

Answer: https://www.igcsebusiness.co.uk/uploads/2/6/7/8/26787454/organisation_notes_final.pdf

Explanation:

why is it necessary to keep account or financial records while doing vegetable farming

Answers

Answer:

record keeping is a necessary element of good livestock business management.. if farmers have farm record they can tell how well they are managing their farm in comparison to other farmers. they can also see the strength and weakness in their farm operation...

Companies in European countries sometimes compete with imports of their own products at lower prices because of _____. Multiple choice question. different taxes and competitive price structures the flexibility in import quotas the decline of illegal imports and uniform prices lowered tariffs and similar tax benefits

Answers

The importing and exporting activity of a country can affect its GDP, its exchange rate, and interest rates. Companies in European countries sometimes compete with imports of their own products at lower prices because of different taxes and competitive price structures

 A weaker domestic currency often leads to exports and also makes imports more expensive and so therefore, a strong domestic currency boast exports and makes imports cheaper.

Pricing as an active instrument  is often used by firms to sets prices so as to achieve specific goals, including targeted returns on profit and targeted sales volumes.

Taxes that is placed on goods/services have a lot of ways that it influences the prices of that goods and services.

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under the direct write-off method of accounting for uncollectible accounts, bad debts expense is debited

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Bad Debts Expense is debited  when an account is determined to be uncollectible under the direct write-off method of accounting for uncollectible accounts,

Bad Debts Expense refers to the portion of  account receivables that a firm has assumes not be recoverable from the debtor.

In conclusion, the Bad Debts Expense is debited  when an account is determined to be uncollectible under the direct write-off method of accounting for uncollectible accounts,

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Which bank does not charge at all for using the ATM?


Bank A

Bank B

Bank C

Bank D


ANSWER : Bank A

Answers

Answer:

Bank A

Hope my answer helps

A(n) ____________________ is all the people and organizations that might purchase a product.

Answers

Consumers refers to a group of people, individuals, businesses that make use of a product.

A(n) consumer is all the people and organizations that might purchase a product

The consumers can also be refered to as the market for a product. They are people who have the ability, and willingness to buy a product at a particular time.

Consumers can either purchase a product to consume directly or buy with the purpose of using it for production of other items.

Therefore, consumers are purchasers and users of a product.

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A company's debt-to-assets ratio is 0.7 or 70%. If the company issues common stock for cash, then the debt-to-assets ratio will ______.

Answers

Answer:decrease

Explanation:

A company's debt-to-assets ratio is 0.7 or 70%. If the company issues common stock for cash, then the debt-to-assets ratio will be decreased.

What do you mean by debt-to-assets ratio?

The primary purpose of the debt-to-total assets ratio is to assess a company's capacity for borrowing additional funds. By comparing the ratio to other businesses in the same industry, that assessment is made.

Debt capacity measures a company's power to service its existing debt as well as its capacity to borrow money if necessary from additional sources of debt.

A corporation is said to be more leveraged the higher its debt-to-total assets ratio. If their revenues fall, highly leveraged businesses have a higher risk of missing loan payments, and it is more difficult to obtain additional debt to weather a slump.

Therefore, a company's debt-to-assets ratio is 0.7 or 70%. If the company issues common stock for cash, then the debt-to-assets ratio will be decreased.

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Major investments in either tangible long-term assets such as land, or intangible assets such as patents are considered to be ______ expenditures. Multiple choice question. master

Answers

Major investments in either tangible long-term assets such as land, or intangible assets such as patents are considered to be capital expenditures.

Capital expenditures is the amount spent on the purchases, repair or maintenance of fixed assets. capital expenditures are capitalised and recorded in the balance sheet.

Fixed assets are long term assets used in the production of goods and services. They can be tangible or intangible.

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Do you think the united states should adopt information-control regulations similar to britain's official secrets act? explain why or why not.

Answers

Answer:

no they should ent

The process of measuring marketing results and adjusting the marketing plan as needed is called marketing ________.

Answers

Answer:

a new Long income in market to get a new meal

The curve most economists use to follow the relationship between the interest rates and bonds' time to maturity is the:

Answers

The answer here is ‘yield curve’.

If you have a long position in a foreign currency, you can hedge with:_____.
a. a short position in a currency forward contract.
b. a short position in an exchange-traded futures option.
c. borrowing (not lending) in the domestic and foreign money markets.
d. a short position in foreign currency warrants.

Answers

In forex trading When someone is holding a long position in a foreign currency, then the person can hedge with a short position in a currency forward contract.

What do we mean by long position in a foreign currency?

Long can be explained as when someone buy with the expectation that the purchase will rise in term of value in the future.

At a long on a currency, one is try to bet the base currency, that it will strengthen compared with the quote currency.

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____ is the process of gathering, storing, accessing, and analyzing data about a company in order to make better business decisions.

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Every process that has to do with gathering, storing accessing and analyzing data for a company to make business decisions is referred to as: Business Intelligence.

The business world is faced with many vagaries such as risks and uncertainties. Every business intends to minimize cost and maximize profits. In order to do this, wise and better decisions must be made daily.

For business decisions to be made, predictive views, data mining, process analysis, descriptive analytics, and performance benching are all business intelligence entails.

Therefore, every process that has to do with gathering, storing accessing and analyzing data for a company to make business decisions is referred to as: Business Intelligence.

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