Lucas had a life insurance policy on his own life for $200,000 with a cash value of $24,000 . The $1,687 premium was due annually on June 1 . However, Lucas was in the hospital from May 16 through June 3, and the life insurance premiums were not paid. Lucas's brother realized that the premium had not been paid and sent the funds to the insurance company on June 11 . Lucas died on June 24 . Which of the following statements is true?
a. Lucas's beneficiary will receive nothing from this policy.
b. Lucas's beneficiary will receive only the $24,000 cash value from this policy.
c. Lucas's beneficiary will receive $200,000.
d. Lucas's beneficiary will receive $224,000.

University hero is considering expanding operations beyond its healthy sandwiches. jim axelrod, vice president of marketing, would like to add a line of smoothies with a similar health emphasis. each smoothie would include two free health supplements such as vitamins, antioxidants, and protein. jim believes smoothie sales should fill the slow mid-afternoon period. adding the line of smoothies would require purchasing additional freezer space, machinery, and equipment. jim provides the following projections of net sales, net income, and average total assets in support of his proposal. sandwichesonly sandwiches and smoothies net sales $ 750,000 $ 1,350,000 net income 120,000 210,000 average total assets 350,000 750,000 return on assetschoose numerator ÷ choose denominator = return on assets÷ = return on assets÷ = profit margin÷ = profit margin÷ = asset turnover÷ = asset turnover÷ = times