Given a cash value policy with the following characteristics: face value = $200,000, cash value = $50,000, outstanding loans = $10,000 and surrender charges = $1,000, the amount of death protection is

A)

$200,000.
B)

$190,000.
C)

$150,000.
D)

$140,000.

C

Business

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Indicate whether the statement is true or false

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A company has a break-even point of 1,000 units, and sold 750 units. Did the company cover its expenses?

A) no, it sold 75% of the amount required to cover expenses B) no, it needs to sell 250 more units to cover expenses C) no, it needs to sell 500 more units to cover expenses D) yes, because the sales equal $1,000

Business