Using the Budget method. Your annual family expenses are $90,000 annually. You figured that you need to provide for your family for 25 years, or until your children are fully independent and your spouse reaches retirement age. If you passed away, then the life insurance can be placed in a safe long-term investment, which would yield 8% per year. You would also like to have $450,000 set aside to educate your 2 youngest children. Your current savings is $55,000. You currently earn $120,000 annually (after taxes). How much life insurance do you need using the Budget method

Which of the following statements is correct? a) due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u.s. businesses (in terms of number of businesses) are organized as corporationsb) most businesses (by number and total dollar sales) are organized as proprietorships or corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, primarily because corporations have important tax advantages over proprietorships and partnerships.c) due to legal considerations related to ownership transfers and limited liability, which affect the ability to attract capital, most business (measured by dollar sales) is conducted by corporations in spite of large corporations' less favorable tax treatmentd) large corporations are taxed more favorably than proprietorshipse) corporate stockholders are exposed to unlimited liability

Scenario: you have advised the owner of bond's gym that the best thing to do would be to raise the price of a monthly membership. the owner wants to know what may happen once this price increase goes into effect. what will most likely occur after the price of a monthly membership increases? check all that apply. current members will pay more per month. the quantity demanded for memberships will decrease. the number of available memberships will increase. the owner will make more money. bond's gym will receive more membership applications.

%of the world's population controls approximately % of the world's finances (the sum of gross domestic products)" quizlket