Ricardo paid an annual premium of $1,200 in total liability coverage for his car, including up to $200,000 in bodily injury coverage and $100,000 in property damage coverage. Ten years into his policy, Ricardo caused an accident that resulted in the other driver claiming $40,000 in medical costs and $20,000 in car damage. Did the cost of the annual premiums outweigh the benefit of transferring the risk to the insurance company
Answer:
No, the cost of the annual premium for 10 years was less than the accident claims
Explanation:
Since in the question it is mentioned that the annual premium is $1,200, $200,000 is the bodily injury coverage and $100,000 should be the property damage coverage
Also the $40,000 and $20,000 represent the medical cost and the car damage
So here the cost should not outweight the benefit of the transferring the risk as the annual premium cost for ten years should be lower than the accident claims
Answer:no it is less then
Explanation:
:3
causes of corruption?
Answer:
Personal greed, Decline of personal ethical sensitivity, the size and structure of governments, economic freedom/openness of economy, Cultural environments that condone corruption, Lack of transparency, Slow judicial processes, etc.
Explanation:
Answer:
MAIN CAUSE OF CORRUPTION ATE
1)GREATER NUMBER OF POPULATION.
2) WEAKNESS OF THE SOCIETY
3) THERE BE LESS AWARNESS.
4)SELF DESTRUCTIVE MINDED PERSON.
5) MAKING MUCH RICH AND LIVING COMFORTABLE
hired by a firm to get legal, though not necessarily ethical, information about competitive firms. hired by a firm's management to prove to the courts that competitors are using unfair pricing practices. hired by a customer to report on illegal or unethical practices that are regularly taking place at a particular establishment. who pose as customers to check on availability and pricing of a firm's products or services and on the quality of the customer service. hired by law firms to check on the safety of their clients' products and the credibility of their advertising
Answer: who pose as customers to check on availability and pricing of a firm's products or services and on the quality of the customer service.
Explanation:
Mystery shoppers are hired by a company as a form of self-evaluation in order to check things like the availability of goods and services as well as the quality of their customer service. They also check to see if their employees are sticking to the codes of conduct of both the company and the regulatory bodies.
Mystery shoppers can also be hired by a company to check out the affairs of another company the same way they would the company hiring them. They would then be paid for their services.
What are the two biggest enemies of coffee that affect the freshness of the beans (for my biggby job pls)
Select all the correct answers. Which two research options are examples of secondary sources? Select all the correct answers.
Answer:
Research studies, Case studies, Books, Information from organization's database.
Explanation:
The secondary sources are defined as the sources that is used to describe or summarize or discuss the information and the details which is originally presented in the other sources. It provides a good overview of the topic or the subject that we are studying or doing a research.
Some of the secondary researches during a research process are :
Research studies, Case studies, Books, Information from organization's database.
Which of the following is a disadvantage of the balanced-scorecard approach? Question 8 options: It fails to link the strategic vision to responsible parties within the organization. It fails to translate the vision into measureable operational goals. It provides limited guidance for designing and planning business processes. It provides limited guidance about which metrics to choose.
Answer:
It provides limited guidance about which metrics to choose.
Explanation:
A balance scorecard can be defined as a performance metrics used for measuring and assessing the quality of performance of a company.
In Business management, the four (4) performance metrics of a balance scorecard includes the following; customer, learning and growth, internal business processes, and financial.
Thus, it should be used to determine whether or not the operations of a business is in synchronization with its vision statement and values.
However, a disadvantage of the balanced-scorecard approach is that it provides limited guidance about which performance metrics to choose.
In reality, different situations or issues that are experienced by a business firm require the use of different metrics and techniques to solve them. As a result, a balance scorecard can't give a direct solution to a problem and as such it's highly dependent on the effectiveness and ability of a manager.
Your network contains certain servers that typically fail once every five years. The total cost of one of these servers is $1000. Server technicians are paid $40 per hour, and a typical replacement requires two hours. Ten employees, earning an average of $20 per hour, rely on these servers, and even one of them going down puts the whole group in a wait state until it’s brought back up. Which of the following represents the ARO for a server?
A. $296
B. $1480
C. $1000
D. 0.20
Answer: D. 0.20
Explanation:
The Annualized Rate of Occurrence (ARO) shows the chances that an event would occur in a year.
Formula:
= Number of times event occurs / Number of years it occurs in
= Number of times server fails / Number of years
= 1 / 5
= 0.20
PLS HELPPPP FASTTTT!!!!!! Kevin has a utility function U=W^1/2, where W is his wealth in millions of dollars and U is the utility he obtains from that wealth. In the final stage of a game show, the host offers Kevin a choice between (A) $9 million for sure, or (B) a gamble that pays $1 million with probability 0.4 and $16 million with probability 0.6.
Use the blue curve (circle points) to graph Kevin's utility function at wealth levels of $0, $1 million, $4 million, $9 million, and $16 million.
1. True or False: Kevin is risk averse.
2. Choice (A/B) offers Kevin a higher expected prize. (Hint: The expected value of a random variable is the weighted average of the possible outcomes, where the probabilities are the weights.)
3. Choice (A/B) offers Kevin a higher expected utility.
4. Kevin should pick choice (A/B) .
How do I view my work schedule Six Flags?
Answer:
you should have an username and password and just log in with six flag . try going to https://six.flag.team
Explanation:
I hope that help you
Gilberto Company currently manufactures 84,000 units per year of one of its crucial parts. Variable costs are $2.90 per unit, fixed costs related to making this part are $94,000 per year, and allocated fixed costs are $81,000 per year. Allocated fixed costs are unavoidable whether the company makes or buys the part. Gilberto is considering buying the part from a supplier for a quoted price of $4.10 per unit guaranteed for a three-year period. Calculate the total incremental cost of making 84,000 and buying 84,000 units. Should the company continue to manufacture the part, or should it buy the part from the outside supplier
Answer:
Cost to make $337,600
Cost to make $344,400
The company should make the product
Explanation:
Calculation to determine the total incremental cost of making 84,000 and buying 84,000 units
COST TO MAKE
Relevant per unit Relevant fixed cost Total relevant cost
Variable cost per unit $2.90 - $243,600(84000*$2.90)
Fixed manufacturing costs - $94,000 $94,000
Cost to make $337,600
($243,600+$94,000)
COST TO BUY
Relevant per unit Relevant fixed cost Total relevant cost
purchase per unit $4.10 - $344,400[$4.10*84000]
Cost to make $344,400
Based on the above calculation the cost of buying is higher than the cost of making therefore the company should MAKE the product.
If you will be given enough capital or resources, what processed food would you like to manufacture? What techniques you will apply to ensure the safety of the general public?
Answer:
CAKE products
Explanation:
Food processing can simply be defined as “a variety of operations carried out on raw materials or raw foodstuffs/ingredients in order to make it edible for cooking, consumption and storage."
If given enough capital, the processed food that I will love to manufacture is cake. This is due to my interest in food processing, especially when dealing with cake. I have undergone several pieces of training on how to bake a cake of different flavours and have been taught its method of preservation. Hence to ensure the safety of the general populace, I will ensure the cake is properly preserved and kept away from anything that may cause food contamination. I will also ensure its handling is minimal to some extent to avoid cross-contamination that may cause food hazards.
Karen has been asked to head a team at work that is charged with finding new ways to develop products for their marketing group. She has asked her team members to begin exploring approaches that have worked in the past and to identify approaches that have not worked before. Karen wants her team members to start the process of Group of answer choices
Answer:
C. adopting a questioning attitude.
Explanation:
Since in the question it is mentioned that they have to develop the products for the marketing group so for this they started to exploring the approaches that worked on the past and identified those approaches that does not worked before so here she wants that the process should be begins by adopting the questioning attitude that means they are capable to identify the errors facing in a activities they perfomed
Therefore the option c is correct
Joe owns a stock with a beta of 1.5 and a standard deviation of 12%. The stock returned 16%. Ella owns a stock with a beta of 1.34 and a standard deviation of 16.4%. The stock has a total return of 14.8%. The risk free rate is 2.5%. Using the Sharpe ratio, which portfolio performed better
Answer: Joe's portfolio performed better.
Explanation:
The Sharpe ratio provides a risk adjusted return to allow for easier comparison across securities with different risks.
Sharpe ratio = (Return - Risk free rate) / Standard deviation
Joe:
= (16% - 2.5%) /12%
= 1.125
Ella:
= (14.8% - 2.5%) / 16.4%
= 0.75
Joe's portfolio performed better.
Suppose the economy is self-regulating, the price level is 210, the quantity demanded of Real GDP and the quantity supplied of Real GDP in the short run both equal $9.7 trillion, and the quantity supplied of Real GDP in the long run is $10.2 trillion. Given all of this information, we can conclude the economy ________________ in short run equilibrium and that the price level in the long run equilibrium will be ______________ than 210.
Answer: is; less than
Explanation:
An economy is said to be in short-run equilibrium in a scenario whereby the aggregate amount of output that is demanded is equal to the aggregate amount of output that is supplied. In this situation, the quantity demanded of Real GDP and the quantity supplied of Real GDP in the short run both equal $9.7 trillion, therefore, the economy is in short run equilibrium.
Since the quantity supplied of Real GDP in the long run is $10.2 trillion which is higher than the $9.7 trillion supplied in the short run, then there'll be a reduction in the price level in the long run equilibrium as thus will be less than 210.
Richard agrees to supply Henry with all his needs of specially made shampoo for Henry's beauty salon. Henry believes that Richard is a representative of a famous hair products company, but he finds a letter to a competitor written by Richard two days before the agreement is signed proving that Richard is a fraud. Richard says that this letter may not be admitted to court since the contract is wholly integrated. Is he correct?
Answer: No. Richard is wrong as the letter may be admitted to court.
Explanation:
Based on the information given, Richard is wrong as the letter may be admitted to court.
It should be noted that prior evidence as well as contemporary evidence is excludable, but only in a situation whereby it alters the contract terms. In this case, the evidence is admitted in order to prove that Richard is fraudulent in the inducement.
Lucia wants to use a safe deposit box. What will this process MOST likely include? A. visiting a bank and paying a fee B. uploading documents to a computer C. getting someone to cosign for his box D. applying for a loan
Answer: Answer is A,,,,,,,,,,
Lucia wants to use a safe deposit box. The process MOST likely include is visiting a bank and paying a fee. Thus the correct option is A.
What is a Bank?A bank is referred to as a financial institution that allows an individual to deposit and withdraw cash and allow them to borrow funds with a fixed interest rate for investment.
The bank provides you with a key when you rent a deposit box from them, and you must apply it in combination with a second "guard key" kept by a bank employee to open the box.
In the given case, it is explained that Lucia wants to use a safe deposit box. Banks are referred to as financial institutions that are connected or authorized by Government due to which they are considered as safe.
Therefore, option A is appropriate.
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All else equal, long-term bonds have less price risk than short-term bonds. b. All else equal, low-coupon bonds have less price risk than high-coupon bonds. c. All else equal, long-term bonds have less reinvestment risk than short-term bonds. d. All else equal, short-term bonds have less reinvestment risk than long-term bonds. e. All else equal, high-coupon bonds have less reinvestment risk than low-coupon bonds.
Answer:
c. All else equal, long-term bonds have less reinvestment risk than short-term bonds.
Explanation:
Bond is a financial obligation that runs for at least five and much longer time peroid. They can be fixed, floating and exchangeable bonds.Which of the following is not one of the methods used for applying overhead?u
a.activity-based costing application method
b.multiple production department rates
c.single plantwide application rate
d.single investment application rate
Answer:
d. single investment application rate
Explanation:
Manufacturing costs can be defined as the overall costs associated with the acquisition of resources such as materials and the cost of converting these raw materials into finished goods. Manufacturing costs include direct labor costs, direct materials cost and manufacturing overhead costs.
An overhead allocation that is typically based on volume alone, will systematically overcost the high-volume products that are also complex and undercost low-volume products that are simple in nature.
Some of the methods used for applying overhead are;
a. Activity-based costing application method.
An activity-based costing (ABC) can be defined as a method of costing that identifies the numerous activities in a business firm and assigns the cost of each activity to their respective drivers based on their consumptions.
b. Multiple production department rates.
c. Single plantwide application rate.
A plant-wide rate can be defined as a single overhead rate used by business firms or companies to allocate the manufacturing overhead costs to the level of output or productivity.
Answer:
d. single investment application rate
Explanation:
Hope this helps
Match each concept in Column A with an example in Column B. Column A Column B a. Substitute goods 1. Price and quantity along the supply curve b. A nonprice determinant of demand 2. Tea and coffee c. A nonprice determinant of supply 3. A change in technology d. Mark-up pricing 4. Hunger e. Positive relationship 5. Shoes and shoelaces f. Negative relationship 6. Consumer income g. Inadequacy 7. Price and quantity along the demand curve 24 h. Complementary goods 8. Setting price equal to cost plus 20 percent
Answer:
a. Substitute goods - Tea and coffee
b. A nonprice determinant of demand - Consumer income
C. A nonprice determinant of supply - A change in technology
D. Mark-up pricing - Setting price equal to cost plus 20 percent
E. Positive relationship - Price and quantity along the supply curve
F. Negative relationship - Price and quantity along the demand curve
G. Inadequacy - Hunger
H Complementary goods - Shoes and shoelaces
Explanation:
Substitute goods are goods that can be used in place of another good.
if the price of a good increases, the demand for the substitute increases and if the price of the good reduces, the demand for the substitute increases.
Complementary goods are goods that are consumed together
The demand curve is a curve that shows the relationship between price and quantity demanded. The demand curve is negatively sloped because the higher the price, the lower the quantity demanded. This is in line with the law of demand.
Only a change in the price of a good leads to a movement along the demand curve of that good. Also, only a change in the price of the good would lead to an increase or decrease in the quantity demanded of that good.
Other factors other than the change in the price of the good would lead to a shift of the demand curve. Some of those factors include :
1. a change in consumers' expectation
2. a change in the taste of consumers
3. a change in income
There is a positive relationship between price and the quantity supplied. This accounts for why the supply curve is positively sloped.
A change in price of a good leads to a movement along the supply curve and not a shift of the supply curve.
Other factors other than a change in the price of the good would lead to a shift of the supply curve. Such factors include :
1. A change in the price of input
2. A change in the number of suppliers
3. Government regulations
4. Technological changes
Within all demographics in the United States, motorists between the ages of 17 and 22 incur the highest percentages of motor vehicle infractions. When an insurance company levies very high insurance rates to customers within the aforementioned age group, what is the best categorization for the type of risk is being taken
Answer:
speculative risk
Explanation:
the risk is categorized under their age bracket since they tend to be more careless as compared to older motorists engaging in more accidents
L.L. Bean, the founder of the company that bears his name, left a company legacy that consists of three fundamental core values: test a product to make sure it delivers what is promised, advertise honestly, and keep customers satisfied at all costs. These three core values serve to guide the __________.
Answer:somethings
Explanation:
Suzanne has purchased a car with a list price of $23,860. She traded in her previous car, which was a Dodge in good condition, and financed the rest of the cost for five years at a rate of 11.62%, compounded monthly. The dealer gave her 85% of the listed trade-in price for her car. She was also responsible for 8.11% sales tax, a $1,695 vehicle registration fee, and a $228 documentation fee. If Suzanne makes a monthly payment of $455.96, which of the following was her original car?
a. 2004 Intrepid
b. 2008 Neon
c. 2005 Viper
d. 2007 Dakota
Answer:
its a
Explanation:
The market for fertilizer is perfectly competitive. Firms in the market are producing output but are currently making economic losses. Which of the following statements is true about the price of fertilizer? Check all that apply. The price of fertilizer must be greater than average total cost. The price of fertilizer must be greater than average variable cost. The price of fertilizer must be greater than marginal cost.
Answer:
The price of fertilizer must be greater than average variable cost.
Explanation:
Being a perfectly competitive market the prices of the fertilizers will rise. As the forms are making economic losses the prices must be greater the average variable costs.a woman sells her home for $450 000. she had purchased it for $300 000 and has lived there for 3 years. how much will she owe to IRS due to the gain on the sale?
Answer: $0
Explanation:
As a single homeowner, you are allowed to sell your house and get a $250,000 exemption on capital gains tax so long as you had stayed in the house for 2 years or more out of the last 5 years.
The woman in question has stayed in her home for 3 years when she sold it so she qualifies for the exemption.
Her capital gain is:
= Selling price - cost price
= 450,000 - 300,000
= $150,000
This is less than the exemption of $250,000 so the woman will be totally exempted from capital gains tax.
No amount will be gained by the woman
The amount that every house owner is exempted to gain is $250,000
The woman sold her house for $450,000
She purchased the house for $300,000
The gain can be calculated as follows;
$450,000-$300,000
= $150,000
This amount is less than $250,000 hence there is no gain
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On January 1, year 1, Eber Co. leased equipment under a four-year capital lease. The present value of minimum lease payments is $348,680. The equipment had a five-year economic life and a $20,000 guaranteed residual value. The equipment reverted to the lessor at the end of the lease. What amount should Eber report as depreciation expense at December 31, year 1?
Answer:
$87,170
Explanation:
Calculation to determine What amount should Eber report as depreciation expense at December 31, year 1
Using this formula
Depreciation expense at December 31, year 1=Present value of minimum lease payments /Capital lease years
Let plug in the morning
Depreciation expense at December 31, year 1= $348,680 / 4 years
Depreciation expense at December 31, year 1= $87,170
Therefore Depreciation expense at December 31, year 1 is $87,170
One of the following must be used as a starting point in order to perform an analysis that will determine what the connections between imbalances of trade in goods and services and the flows of international financial capital are. Which one is it?
A. sketch patterns of trade deficits
B. sketch patterns of trade surpluses
C. define the level of trade
D. define the balance of trade
Answer:
Option d: Define the balance of trade
Explanation:
Balance of trade
This is simply known as the difference in terms of value between the import and exports of a particular country. It is known as one of the starting point in order to perform an analysis that will determine what the connections between imbalances of trade in goods and services and the flows of international financial capital.
The Factors that can affect the balance of trade
1. Cost of production
2. Cost and availability of raw exchange rate movements
Zhang Industries sells a product for $700 per unit. Unit sales for May were 700 and each month's unit sales are expected to grow by 3%. Zhang pays a sales manager a monthly salary of $4,500 and a commission of 2% of sales. Compute the budgeted selling expense for the manager for the month ended June 30.
Answer: $14594
Explanation:
The budgeted selling expense for the manager for the month ended June 30 will be calculated thus:
The unit sales for June will be:
= [700 × (1 + 3%)]
= 700 × (1 + 0.03)
= 700 × 1.03
= 721 units
Commission will be:
= 2% × (721 × 700)
= $10,094
Therefore, the selling expenses to be reported will be:
= $10,094 + $4500
= $14594
AmeriSource is a distributor of pharmaceutical products and related health-care services. It merged with Bergen in 2001 to become AmerisourceBergen. It provides a wide assortment of pharmaceutical products to health-care institutions such as hospitals. It also provides technical advice, equipment, and support for health-care institutions throughout the United States. AmerisourceBergen is best classified as a
Answer:
full-service wholesaler.
Explanation:
Based on the description in the question, AmerisourceBergen is best classified as a FULL-SERVICE WHOLESALER.
A full-service wholesaler or full function wholesaler is defined as a wholesaler who offers various forms of services such as buying, selling, storing, transporting, sorting, financing, providing market feedback, and risk-taking activities while serving the industry to which it belongs.
Hence, in this case, the right answer is A FULL-SERVICE WHOLESALER
(a) Find the present and future value of an income stream of per year for a period of years if the interest rate, compounded continuously, is . Round your answers to two decimal places. Present value Enter your answer; Present value = $ 70825 Future value Enter your answer; Future value = $ 70825 (b) How much of the future value is from the income stream? How much is from interest? Round your answers to two decimal places. The amount from the income stream is Enter your answer; The amount from the income stream is $ 90000 . The amount from the interest is Enter your answer; The amount from the interest is $ 116769.6 .
The question is incomplete. The complete question is :
(a) Find the present and future value of an income stream of $8000 per year for a period of 10 years if the interest rate, compounded continuously, is . Round your answers to two decimal places.
Present value ___
Future value ___
b). How much of the future value is from the income stream? How much is from interest? Round your answers to two decimal places.
The amount from the income stream is __
The amount from the interest is ___
Solution :
Since the interest is compounded continuously, the formula used is :
[tex]$P=\int_0^{m} s(t)\ e^{-rt}\ dt$[/tex]
P = present value, B = future value
[tex]$B=Pe^{rt}$[/tex]
Given :
S = $ 8000, r = 4% = 0.04, m = 10
[tex]$P=\int_0^m \ 8000. e^{-0.04t} \ dt$[/tex]
[tex]$P=\int_0^{10} \ 8000. e^{-0.04t} \ dt$[/tex]
According to the fundamental theorem of calculus,
[tex]$\int_a^b f(x) = F(b) -F(a)$[/tex]
[tex]$\int e^{ax}\ dx = \frac{e^{ax}}{a}$[/tex]
[tex]$P=\int_0^{10} \ 8000. e^{-0.04t} \ dt$[/tex]
[tex]$P=8000 \times \left[ \frac{e^{-0.04t}}{-0.04}\right]^{10}_0$[/tex]
Uploading the limits,
[tex]$P=\frac{8000}{-0.04} \times \left[ e^{-0.04 \times 10} - e^{-0.04 \times 0} \right]$[/tex]
P = -200000 [-0.32967]
P = 65935.99
Therefore, Present value, P = $65936
[tex]$B=Pe^{rt}$[/tex]
[tex]$B=65936 \times e^{10 \times 0.04}$[/tex]
[tex]B= 98364.9[/tex]
So, future value , B = $ 98365
Amount of the future value from the income stream,
[tex]$=\int_0^m s(t) \ dt$[/tex]
[tex]$=\int_0^{10} 8000 \ dt$[/tex]
[tex]$=8000 \times [t]_0^{10}$[/tex]
= 8000 x 10
= $ 80000
Simply, S(t) x t = 8000 x 10 = $ 80,000
The difference between the future value and the value of future value from the income stream provides the future value from the interest.
B - 80,000 = 98,365 - 80,000
So, the future value from the interest = $ 18,365
MC Qu. 01 Darius is considering buying new bedroom... Darius is considering buying new bedroom furniture. Naturally, he compares several types of beds, dressers, and bedside tables, but he also is evaluating each product's reputation, warranty, his own experience with the brand and, of course, the price. All of the components that Darius is evaluating make up Multiple Choice the total product offering. his product mix. his brand awareness. the core product evaluation.
Answer:
the total product offering.
Explanation:
A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, furniture, computer, soft drinks, motorcycles, shoes, clothes, etc.
A total product offering can be defined as all of the features and attributes of a product that a consumer evaluates when he or she is deciding whether or not to buy a particular product. Some of the important elements of a total product offering are price, convenience, guarantee, warranty, producer's reputation, buyers' past experience, speed of delivery, brand name, package, etc.
In this scenario, Darius wants to buy a new bedroom furniture. Naturally, he compares the various attributes of a product which include types, warranty, reputation, price, product experience, etc.
Hence, all of the components that Darius is evaluating make up the total product offering.
