Not exact matches
There are various percentage handicaps which are applied to the working capital figure (to account for obsolescence of inventory and uncollectability in receivables as well as the nebulous
benefit of some
other current assets like pre-paid
insurance and rent) to arrive at the sum used to
deduct liabilities from and arrive at the proper current asset figure used in the equation.
Payroll Deduction A convenient method of purchasing
insurance and
other benefits through work by having premiums
deducted by the employer and forwarded to the
insurance company.
Deduction Amount A monthly charge in a universal life policy,
deducted from the accumulation value on each deduction day, which is comprised of the cost of
insurance charge and any
other expense charge shown on the policy summary and any charge for supplemental
benefits.
A monthly charge in a universal life policy,
deducted from the accumulation value on each deduction day, which is comprised of the cost of
insurance charge and any
other expense charge shown on the policy summary and any charge for supplemental
benefits.
When you complete a life
insurance needs analysis / calculation you can
deduct this
benefit along with
other assets from your life
insurance need.