A life insurance company sells term insurance polices. These policies pay $ 100,000 if the policyholder dies
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (17 reviews)
P aliv...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Question Posted:
Students also viewed these Statistics questions
-
A life insurance company sells a $100,000 one-year term life insurance policy to a 35-year-old male for $200. According to the National Vital Statistics Report, 56(9), the probability the male...
-
A life insurance company sells a $250,000 1-year term life insurance policy to a 20-year-old female for $200. According to the National Vital Statistics Report, 58(21), the probability that the...
-
A life insurance company sells a $250,000 1-year term life insurance policy to a 20-year-old male for $350. According to the National Vital Statistics Report, 58(21), the probability that the male...
-
The data below provides weekly sales for the past 12 weeks (weeks 21-32). Week Sales 21 4,000 22 3,655 23 3,958 24 3,983 25 4,538 26 4,120 27 4,692 28 4,421 29 4,859 30 5,030 31 5,540 32 5,670 Use a...
-
McDonald, owner of Sports Craft, a sporting goods store, contracted to purchase 200 footballs for $ 2,000 from the Pro Manufacturing Co. With no explanation, Pro Manufacturing shipped 100 footballs...
-
75. Yuki (age 45 at year-end) has been contributing to a traditional IRA for years (all deductible contributions), and her IRA is now worth $50,000. She is trying to decide whether she should roll...
-
PR 5-2 Does noncontrolling interest represent a liability or an equity in the consolidated balance sheet?
-
Ann and Jack have been partners for several years. Their firm, A & J Tax Preparation, has been very successful, as the pair agree on most business-related questions. One disagreement, however,...
-
Chapter 24 Homework eBook 1. PR.24.10A Ratio Analysis of Comparative Financial Statements A comparative income statement and balance sheet of Miller Electronics Corporation for the last two years are...
-
CBC-Pad is a block cipher mode of operation used in the RC5 block cipher, but it could be used in any block cipher. CBC-Pad handles plaintext of any length. The ciphertext is longer then the...
-
Which is more probable, that a person aged 20 is still alive at age 50, or that a person aged 50 is still alive at age 60?
-
Which are distributions? Which of the following tables represent probhility distributions? 3 0.35 4 0.20 5 0.18 6 0.09 7 0.18 5 0.27 6 0.45 7 -0.06 8 0.44 0 0.02 1 0.34 02 3 001 4 0.43 5 0.14 2. 0.10...
-
Recognize the importance and nature of online buying in industrial, reseller, and government organizational markets.
-
Research a company that declared a 100% stock dividend or a two-for-one split Contrast the differences between a stock dividend and a stock split. Imagine that you are a stockholder in a company....
-
What are your ideas for Implementation and Assessing the Solution? How did you implement and assess the success? What should the time frame look like? What resources will be needed? What criteria...
-
What is an aesthetic question a viewer might ask about a work of art? 1 . What principles of design were used to make this work? 2 . What qualifies a functional object like this as a work of art? 3 ....
-
2. A phase diagram is shown below for an allotropic metal. Sketch and label possible Gibbs free energy curves for the 3 phases, as a function of temperature for the pressure indicated. Does the a or...
-
Recommend at least one (1) way a business with which you are familiar could use social media / buzz marketing to increase sales and awareness (e.g., social media awareness) of your...
-
Should she implement an interview training program for her managers, and if so, specifically what should be the content of such a training program? In other words, if she did decide to start training...
-
According to a New York Times columnist, The estate tax affects a surprisingly small number of people. In 2003, . . . just 1.25 percent of all deaths resulted in taxable estates, with most of them...
-
We wish to distill \(80.0 \mathrm{~mol} / \mathrm{s}\) of a saturated vapor feed at \(15.0 \mathrm{~atm}\). The feed is \(10.0 \mathrm{~mol} \%\) ethane, \(30.0 \mathrm{~mol} \%\) propane, \(50.0...
-
The following chart reports the number of cell phones sold at Radio Shack for the last 26 days. a. What are the maximum and the minimum numbers of cell phones sold in a day? b. What is a typical...
-
The first row of a stem-and-leaf chart appears as follows: 62 1 3 3 7 9. Assume whole number values. a. What is the possible range of the values in this row? b. How many data values are in this row?...
-
The third row of a stem-and-leaf chart appears as follows: 21 0 1 3 5 7 9. Assume whole number values. a. What is the possible range of the values in this row? b. How many data values are in this...
-
Which of the following statements regarding traditional cost accounting systems is false? a. Products are often over or under cost in traditional cost accounting systems. b. Most traditional cost...
-
Bart is a college student. Since his plan is to get a job immediately after graduation, he determines that he will need about $250,000 in life insurance to provide for his future wife and children...
-
Reporting Financial Statement Effects of Bond Transactions (please show me how you got the answers) Lundholm, Inc., which reports financial statements each December 31, is authorized to issue...
Study smarter with the SolutionInn App