A survivorship joint life policy pays out at
A)
the first death among the named insureds.
B)
the last death among the named insureds.
C)
each of the deaths among the named insureds.
D)
at only the first and the last deaths among the named insureds.
B
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When the smoothing constant (?) is set to 1, then exponential smoothing is equivalent to ______.
A. naive approach B. weighted moving average C. moving average D. factor rating method
Specialty Blades designs precision cutting devices for varied applications
A recent project involved the company working closely with a medical device company to develop a combination scalpel and stapler that makes precise cuts on the tissue and staples closely, which results in less traumatic procedures and quicker patient recoveries. This is an example of which of the eight critical processes performed by supply chain managers? a. Supplier relationship management b. Returns management c. Product development and commercialization d. Order fulfillment
Answer the following statement(s) true (T) or false (F)
1. Wholesalers are normally the only marketing intermediaries that link the producer and the consumer. 2. Retailers specialize in selling products to consumers. 3. Eliminating marketing intermediaries eliminates the need for their services, such as storage and delivery. 4. Without intermediaries, products probably would cost more, not less. 5. An income tax preparation service would normally use Channel A, the direct marketing channel.
Colorful Cat Company uses the direct method to prepare its statement of cash flows
Refer to the following financial statement information for the year ending December 31, 2017: Colorful Cat Company Comparative Balance Sheet December 31, 2017 and 2016 2017 2016 Increase (Decrease) Cash $33,000 $13,000 $20,000 Accounts Receivable 29,000 36,000 (7,000 ) Merchandise Inventory 56,000 29,000 27,000 Plant and Equipment, net 126,000 92,000 34,000 Total Assets $244,000 $170,000 $74,000 Accounts Payable $9,000 $13,000 $(4,000 ) Accrued Liabilities 7,000 3,000 4,000 Long-term Notes Payable 70,000 79,000 (9,000 ) Total Liabilities $86,000 $95,000 $(9,000 ) Common Stock $55,000 $3,000 $52,000 Retained Earnings 115,000 78,000 37,000 Treasury Stock (12,000 ) (6,000 ) (6,000 ) Total Stockholders' Equity $158,000 $75,000 $83,000 Total Liabilities and Stockholders' Equity $244,000 $170,000 $74,000 Colorful Cat Company Income Statement Year Ended December 31, 2017 Sales Revenue $291,300 Interest Revenue 1,000 Gain on Sale of Plant Assets 6,000 Total Revenues and Gains $298,300 Cost of Goods Sold 145,000 Salaries and Wages Expense 49,000 Depreciation Expense-Plant Assets 16,000 Other Operating Expense 25,000 Interest Expense 3,500 Income Tax Expense 7,800 Total Expenses 246,300 Net Income $52,000 â€Æ' Colorful Cat Company Statement of Retained Earnings Year Ended December 31, 2017 Retained Earnings, January 1, 2017 $78,000 Add: Net income 52,000 Less: Dividends 15,000 Retained Earnings, December 31, 2017 $115,000 Prepare the operating activities section of the statement of cash flows, using the direct method. What will be an ideal response