User Account

All Pages

Calculate the market potential for life insurance

Assignment Help Accounting Basics
Reference no: EM132240131

Question: The potential market represents all active duty military? members, all? veterans, and their families. Assume that according to the United States Department of? Defense, as of December? 31, 2014 there were 1,361,327 active duty personnel in all armed services. The veteran population totaled 21 million at the end of 2014. Assuming the average cost of life insurance is ?$750 per year and that potential customers purchase one policy per? year, use the chain ratio method to calculate the market potential for life insurance in the military market.

The number of buyers in the market can be estimated as (Round to the nearest whole? number.)

Reference no: EM132240131

Questions Cloud

Where do you see failures in corporate governance : In this Assignment, you will create an inquiry/action model of education that fosters research, discovery, and critical thinking.
Do BIG and WGC have contract for the bushels of wheat : Do BIG and WGC have a contract for the bushels of wheat? Why or why not? Analyze all issues.
Describe the audit objectives related to the revenue cycle : Describe the audit objectives related to the revenue cycle. Describe the control issues related to the revenue cycle.
Controlling HR costs-employee health care costs : Controlling HR costs. employee health care costs. changing employees with poor health habits more for benefits.
Calculate the market potential for life insurance : The potential market represents all active duty military? members, all? veterans, and their families. Assume that according to the United States Department.
Effective managers provide specific performance feedback : Effective managers provide specific performance feedback to employees in a way that elicits positive behavioral responses.
How does the given type of crime affect its victims : With all of your new found knowledge of Business Law, your community has called upon you to provide a presentation to educate your community about identity.
Three sources of wood and five markets to be supplied : Alabama Atlantic is a lumber company that has three sources of wood and five markets to be supplied.
Problem to maximize profit from making cakes and cookies : How many variables are there in a linear programming problem to maximize profit from making cakes and cookies?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Equipment on the balance sheet

At the time of purchase, the equipment had a list price of $20,000. When the balance sheet was prepared, the value of the equipment later rose to $22,000. What is the relevant amount at which to present the equipment on the balance sheet?

  Research on a australian case involving a taxation issue

Research on a Australian case (not more than 10 years old since the decision by the Court) involving a Taxation issue - Should be on GST more information

  What is adjusted cash balance based on bank reconciliation

What is the adjusted cash balance based on the completed bank reconciliation

  Compute garfield budgeted purchases for march

Compute Garfield's budgeted purchases for March.

  Why a company set up a business in least developed country

Setting up a business always involves risk. Briefly explain why a company would set up a business in a least developed country where consumers have a low income

  Gulf coast resins company processes a base chemical into

gulf coast resins company processes a base chemical into plastic. standard costs and actual cost for direct materials

  Compare foreign exchange brokers and foreign exchange dealer

Compare foreign exchange brokers and foreign exchange dealers

  Cost to prepare bottom-up estimates

The cost to prepare bottom-up estimates will typically run how much more than the costs to prepare the top-down estimates?

  At year-end the per-unit replacement cost of this tree is

prepare the journal entries required to adjust the inventory records at year-end assuming that marios uses the first-in

  How much cash was paid for salaries and wages during year

A company reported salaries and wages payable of $760 at the beginning of the year, How much cash was paid for Salaries and Wages during the year

  Define disadvantages of forming the business as partnership

Provide a summary to the partners, outlining the advantages and disadvantages of forming the business as a partnership and the advantages and disadvantages.

  Determine the present value of the debt

In transaction (a), determine the present value of the debt. (Round your answer to nearest whole dollar.) In transaction (c), determine the present value

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd