Answer:
$16,379.75
Explanation:
Calculation for the annual payments that should be made
Using financial calculator to find the PMT
FV = $100,000
Interest rate = 10%
N= 5 years
PMT?
Hence,
PMT = $16,379.75
Therefore the annual payments that should be made so that both forms of payment are equivalent will be $16,379.75
I really can’t find the answer.
Which of the following is a way in which business benefits society?
A. It provides competition to improve customer choice.
B. It discourages innovation.
O C. It forbids social bonds in the workplace.
O D. It prevents the creation of new jobs.
SUBMIT
Answer:
A. It provides competition to improve customer choice.
Explanation:
Businesses are established to offer solutions to society's problems. Entrepreneurs identify a need or a want in society and avail products or services that will meet that need. The reward to the entrepreneur is the profit they make by charging a higher price on products than the cost incurred in availing them.
Entrepreneurs are innovative people always seeking new ways of doing things. Business competition has made innovation and creativity a necessity. Entrepreneurs are developing new, efficient, and cost-friendly products to win more customers. The biggest beneficiary is the customer and society at large as they get quality products at fair prices.
Answer:
a. it provides competition to improve customer choice
Explanation:
Damon convinced his aunt to lend him $6,900 to purchase a plasma digital TV. She has agreed to charge only 12 percent simple interest, and he has agreed to repay the loan at the end of one year. How much interest will he pay for the year
Answer:
444
Explanation:
Simple Interest for a year can be calculated using
I = PRT/100
P= Principle amount
R= percent simple interest
T= time
(3700)(12)(1)/100 = 444
One of the founding principles of the ISO 9000 standard is that: a. the requirements are strictly the same, regardless of the organization b. it requires organizations to meet their own requirements as well as those of regulators c. the requirements are set and audited by the customers d. the requirements follow the Six Sigma methodology
Answer:
One of the founding principles of the ISO 9000 standard is that:
a. the requirements are strictly the same, regardless of the organization.
Explanation:
ISO 9000 standards describe the quality management standards that organizations can follow to increase business efficiency and customer satisfaction. ISO 9000 embeds a quality management system within an organization, increasing productivity, reducing unnecessary costs, and ensuring quality of processes and products. The IS0 9000 standards are not specific to any one industry and can be applied to organizations of any size.
Use the following items to prepare a balance sheet and a cash flow statement. Determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows.
Answer:
The answer is:
[tex]Total \ liabilities = \$2,395\\\\Net \ worth = \$15,855 \\\\Total\ cash \ outflows = \$1,950[/tex]
Explanation:
Please find the complete question in the attached file.
[tex]\text{Total assets} = (450 + 1,890 + 7,800 + 2,350 + 1,500 + 3,400 + 860)= \$18,250 \\\\\text{Total liabilities} = (\$235 + \$2,160)= \$2,395 \\\\\text{Net worth} = (\$18,250 - \$2,395)= \$15,855 \\\\\text{Total cash inflows} = \$1,950 \\\\\text{Total cash outflows} = (650+345+230+180+110+65+80+90+70+130) = \$1,950\\\\[/tex]
The 2019 balance sheet of Dyrdek’s Skate Shop, Inc., showed $530,000 in the common stock account and $2.3 million in the additional paid-in surplus account. The 2020 balance sheet showed $570,000 and $2.5 million in the same two accounts, respectively. If the company paid out $320,000 in cash dividends during 2020, what was the cash flow to stockholders for the year?
Answer:
$80,000
Explanation:
[tex]The \ expression \ for \ calculating \ cash \ flow \ to \ stockholders \ is:[/tex]
[tex]Cashflow \ = \ Dividend \ paid \ during \ the \ year \ - \ change \ in \ t he \ value \ of \ common \ stock \ during \ - \ change \ in \ value \ of \ stock \ in \ the \ previous \ year[/tex][tex]Here;[/tex]
[tex]Change \ in \ value \ of \ Common \ stock \ during \ the \ year \ =[/tex] [tex]\ Value \ of \ Common \ stock \ of \ the \ Curren t \ Year - Value\ of \ Common \ stock \ of \ the \ Previous \ Year[/tex]
[tex]Change \ in \ valu e \ of \ Additional \ paid \ in \ surplus \ account \ during \ the \ year =[/tex]
[tex]Value \ of \ Additional \ paid \ in \ surplus \ account \ o f \ the \ Current \ Year \ -[/tex] [tex]\ Value \ of \ Additional \ paid \ in \ surplus \ account \ of \ th e \ Previous \ Year[/tex]
From the information given:
[tex]Dividend \ Payment \ during \ the \ year[/tex] 2020 = $320000
[tex]Value \ of \ stock \ in \ current \ yr[/tex]= i.e. 2020 = $570000
[tex]Value \ of \ stock \ in \ previoius \ yr[/tex] = i.e. 2019 = $530000
Change = $570000 - $530000 = $40,000
[tex]Value \ of \ Ad ditional \ paid-in \ surplus \ acct \ of \ the \ current \ year[/tex] = $2,500,000
[tex]Value \ of \ Ad ditional \ paid-in \ surplus \ acct \ of \ the \ previous \ year[/tex] = $2,300,000
Change = $2,500,000 - $2,300,000 = $ 200000
∴
[tex]By \ using \ the \ above \ information \ in \ the \ formula \ for \ calculating \ the \ cash \ flow \ to[/tex]
[tex]\ stackholder, \ we \ get:[/tex]
= $320000 - $40,000 - $ 200000
= $80,000
Fran owns Consolidated Auto Parts, a company that got its start making auto parts related for hybrid vehicles, but her firm has had difficulty establishing itself as a maker of parts for the more-profitable internal combustion engine. What is most likely contributing to Consolidated's problem in this area?
Answer:
The answer is "Barriers to entry typically support incumbents in a lucrative industry".
Explanation:
Fran owns Integrated Car Parts, which started producing auto parts for electric vehicles, but it's been difficult for Fran to establish itself as just a part producer for a diesel engine which would be more lucrative. Barriers to entry usually shield established participants in such a profitable industry, which most probably contributes to the issue of Consolidation.
Assume an after-tax savings interest rate of 7 percent and a tax rate of 28 percent. (a) Calculate the total rental cost and total buying cost
Complete Question
Annual rent $ 7,380
Insurance 145
Security deposit 650
Annual mortgage payments $9,800 ($9,575 is interest)
Property taxes 1,780
Insurance/maintenance 1,050
Down payment/closing costs 4,500 Growth in equity 225
Estimated annual appreciation 1,700
Assume an after-tax savings interest rate of 7 percent and a tax rate of 28 percent.
(a) Calculate the total rental cost and total buying cost.
Answer:
Explanation:
(a)Rental Costs
Buying Costs $7,380
Rent $9,800
The following calculations were made:
Interest lost on security deposit
= Security deposit × 7%
= $650 × 0.07 = $45.5
Interest lost on down payment and closing cost
= Down payment × 7%
= $4,500 × 0.07 = $315
Tax savings for mortgage interest =
Interest × 28%
$9,575 × 0.28 = $2,681
Tax savings for property taxes =
= Property taxes × 28%
$1,780 × 0.28 = $498
What is a determinant of demand that would cause demand to increase?
Answer:
Increase in income
Increase in price of substitutes
Change in taste
Explanation:
If income increases, the demand for a good rises as the amount of disposable income increases,
A substitute good is a good that can be used in place of another good. e.g. pen and pencils. If the price of a substitute (e.g. pens) increases, it becomes more expensive. Consumers would shift to the demanding pencils. As a result the demand for pencils would increase
A change in taste. For example, if an individual prefers pencils to pens. he would demand more of pencils and less of pend. As a result, the demand for pencils would increase
United Airlines and Continental Airlines decided to merge, in part because the companies had little overlap in their domestic routes and hubs. This is an example of
Answer: Synergy
Explanation:
Synergy simply refers to an interaction or a cooperation that exists between two or more organizations, in order to have a greater combined effort which is vital for the achievement of organization goals.
When there is a combined effort of the organizations, the achievement of success would be possible. Therefore, United Airlines and Continental Airlines merging because the companies had little overlap in their domestic routes and hubs is an example of synergy.
the area of a rectangle is 600 cm2 and its breadth is two-third of its length find the length and breadth of the rectangle
Given:
Area of a rectangle is [tex]600 \text{cm}^2[/tex].
Breadth is two-third of its length.
To find:
The length and breadth of the rectangle .
Solution:
Let x cm be the length of the rectangle.
Then, Breadth or width of the rectangle = [tex]\dfrac{2}{3}x[/tex] cm
Area of a rectangle is
[tex]Area=Length \times Breadth[/tex]
[tex]600=x \times \dfrac{2}{3}x[/tex]
[tex]600=\dfrac{2}{3}x^2[/tex]
Multiply both sides by 3.
[tex]1800=2x^2[/tex]
Divide both sides by 2.
[tex]900=x^2[/tex]
Taking square root on both sides.
[tex]\pm \sqrt{900}=x[/tex]
[tex]\pm 30=x[/tex]
Length cannot be negative. So, x=30.
Now,
Length = [tex]30\text{ cm}[/tex]
Breadth = [tex]\dfrac{2}{3}\times 30\text{ cm}[/tex]
= [tex]2\times 10\text{ cm}[/tex]
= [tex]20\text{ cm}[/tex]
Therefore, the length of the rectangle is 30 cm and the breadth is 20 cm.
At a team meeting, your manager addresses some of the discord between your team members and suggests that your team should work individually instead of as a group. She asks if anyone has an opinion on the subject. You know that there are often tough times when working in a group, but in the end your team always produces great results. What could you say to convince your manager to keep your team working together
Answer: Diverse teams made up of people with different experiences are better able to create competitive advantages in the marketplace
Explanation:
Based on the scenario given in the question, what I would say to convince the manager to keep the team working together is that "diverse teams made up of people with different experiences are better able to create competitive advantages in the marketplace".
For the growth and development of every organization, teamwork is required and a diverse team that consult of people with different experience and skills will help achieve this. Everyone contributes his or her own quota on the achievement of organizational goals.
Identify each statement as true or false. 1. Process cost systems are used to apply costs to similar products that are mass-produced in a continuous fashion. select between True and False 2. A process cost system is used when each finished unit is indistinguishable from another. select between True and False 3. Companies that produce soft drinks, movies, and computer chips would all use process cost accounting. select between True and False 4. In a process cost system, costs are tracked by individual jobs. select between True and False 5. Job order costing and process costing track different manufacturing cost elements. select between True and False 6. Both job order costing and process costing account for direct materials, direct labor, and manufacturing overhead. select between True and False 7. Costs flow through the accounts in the same basic way for both job order costing and process costing. select between True and False 8. In a process cost system, only one work in process account is used. select between True and False 9. In a process cost system, costs are summarized in a job cost sheet. select between True and False 10. In a process cost system, the unit cost is total manufacturing costs for the period divided by the equivalent units produced during the period.
Answer:
1. True
2. True
3. False - movie companies will not.
4. False
5. False
6. True
7. True
8. False
9. False
10. True
I'm asking again because I legit need help on this. Best answer gets brainliest.
One of the biggest differences between a public sector business and a private sector business is the use of tax dollars. Public sectors businesses entirely run off of tax money, while private sector business depend on making money through selling goods or services.
1. What do you see as some of the POSITIVE aspects of depending on tax money to run a business?
2. What do you see as some of the NEGATIVE aspects of depending on tax money to run a business.
Answer:
1. the positively here is you are sure of the money need to run the business even without one doing much as long as taxes are paid and these business sectors under this category are non profit organization but for the betterment of the people
Explanation:
2. no profit is made so no gain, no specifiation on the goods to fit the requirements of the masses and mass production is mostly low quality.
Determine the present value of the following single amounts (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.):
Answer:
1. $15,406
2. $6,461
3. $2,118
4. $15,262
Explanation:
Calculation to Determine the present value
1. Calculation for the Present Value of $31,000, n= 12, i =6%
First step is to find the Present value of $1:
n= 12, i =6% (from PV of $1)
Where,
n represent the period for investment
i represent the interest rate
The Present value of $1:n= 12, i =6% (from PV of $1) is 0.49697
Now let Calculate the Present Value of $31,000,n= 12, i =6%
Present value=$31,000 *0.49697
Present value= $15,406
2. Calculation for the Present Value of $25,000, n= 20, i =7%
First step is to find the Present value of $1:
n= 20, i =7% (from PV of $1)
Where,
n represent the period for investment
i represent the interest rate
The Present value of $1:n= 20, i =7% (from PV of $1) is 0.25842
Now let Calculate the Present Value of $25,000, n= 20, i =7%
Present value=$25,000 *0.25842
Present value= $6,461
3. Calculation for the Present Value of $36,000, n= 25, i =12%
First step is to find the Present value of $1:
n= 25, i =12% (from PV of $1)
Where,
n represent the period for investment
i represent the interest rate
The Present value of $1:n= 25, i =12% (from PV of $1) is 0.05882
Now let Calculate the Present Value of $36,000, n= 25, i =12%
Present value=$36,000 *0.05882
Present value= $2,118
4.Calculation for the Present Value of $51,000, n= 14, i =9%
First step is to find the Present value of $1:
n= 14, i =9% (from PV of $1)
Where,
n represent the period for investment
i represent the interest rate
The Present value of $1:n= 14, i =9% (from PV of $1) is 0.29925
Now let Calculate the Present Value of $51,000, n= 14, i =9%
Present value=$51,000 *0.29925
Present value= $15,262
Therefore the PRESENT VALUE will be:
Future Amount i = n = Present Value
1 $31,000 6% 12 =$15,406
2 $25,000 7% 20 =$6,461
3 $36,000 12% 25 =$2,118
4 $51,000 9% 14 =$15,262
Land and Sea Incorporated would like your opinion about various countries as potential markets and investment sites. What general information can you share with them about assessing the overall attractiveness of a potential country as a market
Answer:
Land and Sea Incorporated
Country Attractiveness:
The following are general information that can be used to assess the overall attractiveness of a potential country as a market and investment destination:
1. Economic Factors: Some consideration should be paid to the foreign exchange practices, the economic competitiveness, and the fiscal policies, including taxation of the destination country.
2. Political/Legal Factors: An investment destination needs a stable political system with smooth regime-transitions. Investors should be able to secure their basic property and intellectual property rights.
3. Socio-Demographic Factors: The market potentials (market growth, entry and exit, and profit growth) and the ease of doing business in an environment are also important considerations.
4. Physical Infrastructure: It is very important to understand how the destination country is developing its physical infrastructure. Are power and energy resources readily available? Does the country possess good transportation networks that will enable the free movement of persons and goods? The security of life and property is an important factor that should never be overlooked when considering the physical infrastructure.
Explanation:
Country attractiveness is the measure of a country's readiness to welcome both domestic and international investors and provide the enabling environment for business activities. However, there should be a thorough evaluation of potential investments in a foreign country to determine the country’s suitability is in terms of its external business environments. The critical decision to invest should not be left to sentiments and political rhetorics. Some governments are experts in advertising the attractiveness of their countries. Some of them, with their investment campaigns, are not bankable.
For Wildhorse Company, variable costs are 68% of sales, and fixed costs are $199,000. Management’s net income goal is $77,800. Compute the required sales in dollars needed to achieve management’s target net income of $77,800. (Use the contribution margin approach.)
Answer: $865000
Explanation:
Contribution margin ratio would be gotten as:
= 100% - 68%
= 32%
= 0.32
Then, the desired sales would be:
= (Fixed cost + desired profit) / CM ratio
= (199,000 + 77800) / 0.32
= 276800 / 0.32
= $865000
Which statement is true according to the article?Choose one:A. Chilean companies aim to improve their wine distribution in China.B. Most wine consumed in China was imported from California.C. Despite the tariffs, the volume of wine exports from the United States to China has increased slightly.D. Only the United States has used tariffs in this trade dispute with China.
Answer:
The answer is "Option A".
Explanation:
In this question, the first choice is correct because the Chilean organizations continue to improve the existing wine business in the country of China, with Chile aiming to the advantage of the military conflict as well as expand its position in the Chinese beverage (wine) market though the wider optimization.
Drag the tiles to the correct boxes to complete the pairs.
Match the HR processes to the activities involved.
m
Answer:
Explanation:
HR processes involved to activities:
Employee leasing and outsourcing → Recruitment
Organizing orientation programs → Training
Expanding certain departments ans closing down others → right sizing
Providing paid vacation time to employee → designing compensation package
Explanation: Correct On Plato!!!
The following costs were for Optimal View Inc., a contact lens manufacturer: Output Fixed Cost Variable Cost Total Costs 270 $ 5,300 $ 10,000 $ 15,300 320 5,300 12,000 17,300 370 5,300 14,000 19,300 420 5,300 16,000 21,300 At an output level of 500 lenses, per unit total cost is projected to be:
Answer:
Per unit total cost $49.00
Explanation:
The per unit total cost is as follows;
Particulars Total Costs Output
High level $21,300 420
Low level $15,300 270
Difference $6,000 150
Unit variable cost 40 ($6000 ÷ 150)
Fixed cost $4,500 ($21,300 - (420 × 40) )
Total cost at 500 lenses $24,500 ($4,500 + (500*40))
Per unit total cost $49.00 ($24,500 ÷ 500)
A proposed new investment has projected sales of $850,000. Variable costs are 60 percent of sales, and fixed costs are $174,000; depreciation is $75,000. Prepare a pro forma income statement assuming a tax rate of 30 percent. What is the projected net income
Answer:
63,700Explanation:
Sales: 850,000
Variable Cost: (850,000*60%) = 510,000
Contribution Margin = 850k-510k= 340,000
Fixed cost = 174,000
Depreciation = 75,000
Earnings Before Taxes = 91,000
Taxes (30%) = (27,300)
Net Income 63,700The overall unemployment rate in Lebanon stands at 24 percent, and youth unemployment exceeds 35 percent. In the face of job crisis, Lebanon should introduce reforms in the education system to adapt to future labor market needs. At the same time, it is crucial to develop a viable information and communications technology sector and to speed up the process of finalizing the oil and gas exploration and production projects. Also essential to job creation are small- and medium-size enterprises.
Source: The Daily Star, December 24, 2014
a. On the basis of the news clip, what is the main type of unemployment that Lebanon should use
policies to control? Explain.
b. How might these policies impact Lebanon’s natural unemployment rate? Explain.
Answer:
a. Lebanon should address the structural unemployment issue in the economy to support the current labor force with the new methods and technologies of production. Policies would be aimed at boosting the productivity of labor and hence the demand for labor force. From the given scenario it is comprehensible that the major issue prevailing is lack of competency due to structural and technological changes.
b. Policies aimed at fighting structural unemployment would cause the natural rate of unemployment rate to fall. Natural rate of unemployment would change when there arises changes in factors such as technology, productivity etc.
Problems and Applications Q9 Indicate whether each of the following statements is true or false. Statement True False 1. There can be no gains from trade between two countries if one of them has an absolute advantage in the production of all goods. 2. Comparative advantage determines the gains from specialization and trade. 3. If a certain trade is good for one country, it can't be good for the other country. 4. Two individuals can benefit from specialization and trade if they agree upon a price that lies between their opportunity costs of producing the good. 5. When a country opens to trade, people working in industries producing goods that the country exports are harmed by the trade.
Answer:
1. FALSE
There can still be gains from trade if one country has an Absolute advantage in the production of all goods because having absolute advantage does not mean that it has comparative advantage. If they did have comparative advantage in all goods then there would be no gain.
2. TRUE
As shown in the explanation above, gains from trade are determined by comparative advantage. If a country has comparative advantage in a good, it can gain from trading for a good it does not have comparative advantage in.
3. FALSE
Trade can and should be mutually beneficial to both countries.
4. TRUE
If both parties agree to a price that lies between their opportunity costs, they can make gains because they would be making more than their opportunity costs.
5. FALSE
The country has opened up to trade which means that the good they export now has a larger market to sell to. This will be beneficial to the people in the exporting industry as they will sell more and thus make more money.
How companies can link their compensation and evaluations to organizational objectives?
Answer:
For a company’s compensation strategy to be effective, it must be linked to the overall business strategy. Because compensation accounts for 30-60% of business costs, it is essential for organizations to identify the drivers behind pay. For this reason, the foundational step of creating any solid compensation strategy is linking it to the business strategy.
Explanation:
1. _______ Allen was driving home when a deer jumped out. The deer damaged his truck.
2. _______ A lightning strike at Troy’s home damages his TV and DVD player.
3. _______ ABC Insurance Inc. advises Katie that she cannot take out a policy on Brad Pitt.
4. _______ Adam’s job is deciding if the insurer will accept a risk and what the cost will be.
5. _______ Amy decides not to purchase a new car because insurance is so expensive.
6. _______ Bill is paid for a collision claim based on the book value of his vehicle.
7. _______ Cheetum’s Body Shop padded the repair bill for Chris’s pick up.
8. _______ Janet hit a car and someone was hurt. This covers the medical expenses.
9. _______ Keith let the auto insurance policy lapse. Keith rear-ended Ann’s truck today.
10. _______ Missy owes for damage to John’s car because she hit him while talking on her cell.
11. _______ Monica’s life insurance costs more but includes a savings component.
12. _______ Pat insures his business partner, Chuck, with a $1 million life insurance policy.
13. _______ Rob gets a bill in the mail from ABC Insurance Company for $125.
14. _______ Ross contacted this business when he had an automobile accident.
15. _______ Tammy hit a telephone pole and did over $2000 damage to her car.
16. _______ This requires Joe to buy liability insurance prior to getting a license plate.
17. _______ Thomas shut the trunk on his thumb and went to the emergency room.
18. _______ Tony and Chris staged an auto accident to collect claim benefits.
19. _______ Wanda’s car was damaged by hail during a storm.
20. _______ An ambulance transported Melanie to the hospital after the other car crossed the center line and caused a wreck.
a. Actual Cash Value
b. Bodily Injury Liability
c. Collision
d. Comprehensive
e. Financial Responsibility Law
f. Homeowner’s
g. Insurable Interest
h. Insurance Company/Insurer
i. Insurance fraud
j. Insured
k. Joint Insurance
l. Medical Payments
m. Premium
n. Property Damage Liability
o. Renter’s
p. Risk management
q. Underwriter
r. Uninsured and Underinsured Motorist
s. Whole Life
Answer:
Matching Situation with appropriate term:
1. _c. Collision __ Allen was driving home when a deer jumped out. The deer damaged his truck.
2. _n. Property Damage Liability _ A lightning strike at Troy’s home damages his TV and DVD player.
3. _h. Insurance Company/Insurer _ ABC Insurance Inc. advises Katie that she cannot take out a policy on Brad Pitt.
4. _p. Risk management _ Adam’s job is deciding if the insurer will accept a risk and what the cost will be.
5. __o. Renter’s __ Amy decides not to purchase a new car because insurance is so expensive.
6. __m. Premium _ Bill is paid for a collision claim based on the book value of his vehicle.
7. __i. Insurance fraud _ Cheetum’s Body Shop padded the repair bill for Chris’s pick up.
8. _b. Bodily Injury Liability _ Janet hit a car and someone was hurt. This covers the medical expenses.
9. _r. Uninsured and Underinsured Motorist _ Keith let the auto insurance policy lapse. Keith rear-ended Ann’s truck today.
10. _d. Comprehensive _ Missy owes for damage to John’s car because she hit him while talking on her cell.
11. _m. Premium_ Monica’s life insurance costs more but includes a savings component.
12. _s. Whole Life__ Pat insures his business partner, Chuck, with a $1 million life insurance policy.
13. __m. Premium__ Rob gets a bill in the mail from ABC Insurance Company for $125.
14. __h. Insurance Company/Insurer _ Ross contacted this business when he had an automobile accident.
15. _n. Property Damage Liability _ Tammy hit a telephone pole and did over $2000 damage to her car.
16. _e. Financial Responsibility Law __ This requires Joe to buy liability insurance prior to getting a license plate.
17. __l. Medical Payments __ Thomas shut the trunk on his thumb and went to the emergency room.
18. __i. Insurance fraud_ Tony and Chris staged an auto accident to collect claim benefits.
19. _n. Property Damage Liability_ Wanda’s car was damaged by hail during a storm.
20. _b. Bodily Injury Liability_ An ambulance transported Melanie to the hospital after the other car crossed the center line and caused a wreck.
Explanation:
Appropriate terms:
a. Actual Cash Value
b. Bodily Injury Liability
c. Collision
d. Comprehensive
e. Financial Responsibility Law
f. Homeowner’s
g. Insurable Interest
h. Insurance Company/Insurer
i. Insurance fraud
j. Insured
k. Joint Insurance
l. Medical Payments
m. Premium
n. Property Damage Liability
o. Renter’s
p. Risk management
q. Underwriter
r. Uninsured and Underinsured Motorist
s. Whole Life
Identify each word that represent each situation
1. Collision is when Allen was driving home when a deer jumped out. The deer damaged his truck.
2. A lightning strike at Troy’s home damages his TV and DVD player is called Property Damage Liability
3. ABC Insurance Inc. advises Katie that she cannot take out a policy on Brad Pitt. This is called Insurance Company/Insurer
4. Risk management occurs when Adam’s job is deciding if the insurer will accept a risk and what the cost will be.
5. Amy decides not to purchase a new car because insurance is so expensive. This is called Renter’s
6. Premium is the Bill paid for a collision claim based on the book value of his vehicle.
7. Insurance fraud is when Cheetum’s Body Shop padded the repair bill for Chris’s pick up.
8. Janet hit a car and someone was hurt. This covers the medical expenses. This is refered to as Bodily Injury Liability
9. Uninsured and Underinsured Motorist is when Keith let the auto insurance policy lapse. Keith rear-ended Ann’s truck today.
10. Comprehensive : Missy owes for damage to John’s car because she hit him while talking on her cell.
11. Premium: Monica’s life insurance costs more but includes a savings component.
12. Whole Life: Pat insures his business partner, Chuck, with a $1 million life insurance policy.
13. Premium: Rob gets a bill in the mail from ABC Insurance Company for $125.
14. Insurance Company/Insurer: Ross contacted this business when he had an automobile accident.
15. Property Damage Liability: Tammy hit a telephone pole and did over $2000 damage to her car.
16. Financial Responsibility Law: This requires Joe to buy liability insurance prior to getting a license plate.
17. Medical Payments: Thomas shut the trunk on his thumb and went to the emergency room.
18. Insurance fraud: Tony and Chris staged an auto accident to collect claim benefits.
19. Property Damage Liability: Wanda’s car was damaged by hail during a storm.
20. Bodily Injury Liability: An ambulance transported Melanie to the hospital after the other car crossed the center line and caused a wreck.
Read more:
https://brainly.com/question/24997104
If the company allocates overhead based on direct labor cost, what are the total actual manufacturing overhead costs
Answer: $228,900
Explanation:
Manufacturing overheads = Factory depreciation + Factory utilities + Indirect labor + Factory rent + Factory property taxes + Indirect materials
= 65,600 + 30,900 + 22,600 + 47,800 + 28,700 + 33,300
= $228,900
Jesse wants to work as a public relations specialist. What academic requirements should he complete?
A.
a bachelor’s degree
B.
on-the-job training
C.
a technical program
D.
a doctorate degree
E.
high school
As part of the initial investment, Ray Blake contributes equipment that had originally cost $101,300 and on which accumulated depreciation of $75,975 has been recorded. If similar equipment would cost $158,400 to replace and the partners agree on a valuation of $51,500 for the contributed equipment, what amount should be debited to the equipment account
Answer:
This is a repeat question on Brainly but here you go.
$51,500Whether original cost or replacing cost is given in the question but we considered that cost in which the partner give their consent
So, the equipment amount should be debited at $51,500 instead of the original cost or the replacing cost
This is economics question
Answer:
I think "A & B are correct."
Explanation:
Risk*
The Jackson-Timberlake Wardrobe Co. just paid a dividend of $1.52 per share on its stock. The dividends are expected to grow at a constant rate of 7 percent per year indefinitely.
Required:
a. If investors require a 11 percent return on The Jackson-Timberlake Wardrobe Co. stock, what is the current price?
b. What will the price be in 8 years?
Answer:
A. $40.66
B. $69.86
Explanation:
A. Calculation for what is the current price
Using this formula
Current price=Dividend per share(1+Expected constant rate)/ (Require return percentage-Expected constant rate)
Let plug in the formula
Current price=1.52(1+.07) / (.11-.07)
Current price=1.52(1.07) / (.11-.07)
Current price=1.6264/0.04
Current price=$40.66
Therefore the Current price will be $40.66
b. Calculation for What will the price be in 8 years
Using this formula
Price=Dividend per share(1+Expected constant rate)^Numbes of years/ (Require return percentage-Expected constant rate)
Price=1.52(1+.07)^9/ (.11-.07)
Price=1.52(1.07)^9/ (.11-.07)
Price=2.7945/0.04
Price=$69.86
Therefore What will the price be in 8 years is $69.86
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