Maurice Tutor

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About Maurice Tutor

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Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 3 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 08 Aug 2017 My Price 4.00

Group-Term Life Insurance

Group-Term Life Insurance. (Obj. 2) Remix, Inc. provides group-term life insurance coverage for each of its employees. The amount of coverage is equal to one year’s salary. Remix pays 100% of the cost for the premiums. Tony and Ruth are employees of Remix. Tony is 46 years old; his salary for the year is $85,000. Ruth is 52 years old; her salary for the year is $120,000. Ruth is a key employee of Remix; Tony is not.

a. Discuss the consequences to Tony and Ruth if Remix’s plan does not favor key and highly paid employees.

b. Discuss the consequences to Tony and Ruth if Remix’s plan favors key or highly paid employees.

Answers

(5)
Status NEW Posted 08 Aug 2017 04:08 PM My Price 4.00

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