The distinction between fundamental and particular risks is important because a. normally only particular risks are insurable. b. whether a risk is fundamental or particular may determine how society will deal with it. c. none of the above. d. fudamental risks are a souce of gain to society.

Answers

Answer 1

Answer:

b. whether a risk is fundamental or particular may determine how society will deal with it.

Explanation:

The fundamental risk is the risk that impacts the larger number of people or we can say the population

While the particular risk is the risk that contains the losses of personal with respect to the origin and their effects. Here it impacts an individual or smaller number of people

So the distinction between both risk could be figured out by seeing how society would deal with it

Hence, the correct option is b.


Related Questions

The following information pertains to the Moonlight Company pension plan:Employer contribution.............. $2,800Project benefit obligation at 1/1 ....... $72,000Assumed discount rate.......... 10%Service cost for the year....... 18,000Pension benefits paid during the year.... 35,000If no change in actuarial estimates occurred during the year, Moonlight's projected benefit obligation at December 31 of the current year was:_________a. $62,200b. $65,000c. $79,200d. $82,200e. $59,400

Answers

Answer:

$62,200

Explanation:

Moonlight's projected benefit obligation can be calculated by deducting the Pension benefits paid by the sum of the estimate of projected benefit obligation and Service Cost and Discount Factor.

the estimate of projected benefit obligation       = $72,000

Discount Factor ( 10% of  72,000  )                       = $7,200

Service cost                                                            = $18,000

Total                                                                        = $97,200

Benefit paid                                                            = ( 35,000)

Projected benefit Obligation Dec 31                  = $62,200

In which of the following choices are both the stock and options positions on the same side of the market?
A. Long call/long stock
B. Short call/long stock
C. Long put/short stock
D. Short put/short stock

Answers

Answer:

A. Long call/long stock

C. Long put/short stock

Explanation:

These two stock options are beneficial in the bull markets also they are for the same side i.e. the upside. The short call is when profitable when the market declines while on the other hand the long call should be when the market boost

Like this, the short put and short stock dealed with

And, the long put is profitable when the market declines and the short stock is profitable when the market declines

Therefore the option A and C is correct

Prepare a​ multi-step income statement for Clarkston Motorsports for the fiscal year ended. Include earnings per share.
Selling expenses $125,000
Common stock, $10 par, 21,000 shares authorized and issued $210,000
General expenses 134,000
Income from discontinued operations 5,000
Preferred stock, $4, no-par 6,000 shares issued 240,000
Retained earnings, beginning 90,000
Cost of goods sold 430,000
Income tax expense: Continuing operations 70,000
Treasury stock, common (1,000 shares) 11,000
Income from discontinued operations 2,000
Net sales revenue 834,000
Complete the income statement in this step. and then identify and enter the applicable EPS amounts in the following step.
Clarkston Motorsports
Income statement
Year ended November 30,2016
Net Sales Revenue 863,000
Cost of Goods Sold 510,000
Gross Profit 35,3000
Selling Expenses
Administrative Expenses
Income Tax Expense
Income From Continuing Expense
Net Income

Answers

Answer:

Clarkston Motorsports

Income statement  Year ended November 30,2016

                                                              $                        $

Net Sales Revenue                                                 863,000

Cost of Goods Sold                                                (510,000 )

Gross Profit                                                              353,000

Selling Expenses

Selling expenses                              125,000

Administrative Expenses

General expenses                            134,000

Income Tax Expense                          70,000

Income From Continuing Expense                      (329,000)

Net Income                                                              24,000

Earnings Per Share (Continuing Operations)        $1.14

Earnings Per Share (Discontinued Operations)    $0.10

Explanation:

Continuing Operations

Earnings Per Share = Earnings Attributable to Holders of Common Stock ÷ Weighted Average Number of Common Stocks Outstanding

                                = $ 24,000 ÷  21,000

                                = $1.14

Discontinued Operations

Earnings Per Share = Earnings Attributable to Holders of Common Stock ÷ Weighted Average Number of Common Stocks Outstanding

                                = $ 2,000 ÷  21,000

                                = $0.10

Refer to the Zumba Corporation data above. Compute the current ratio: Then compute the quick ratio
.51
1.20
1.98
.98
The balance sheet at December 31, 20X1 for Zumba Corporation (in thousands of dollars) follows:
Current Assets:
Cash and Cash Equivalents$ 2
Accounts Receivable, net 4,800
Inventories 2,200
Prepaid Rent 898
Total Current Assets 7,900
Land, Buildings and Equipment, net 7,400
Investments 500
Total Assets $15,800
Current Liabilities:
Accounts Payable $ 500
Current Portion Long-Term Debt 2,500
Accrued Salaries Payable 1,000
Total Current Liabilities 4,000
Long-Term Debt 8,000
Total Liabilities 12,000
Stockholders' Equity:
Common Stock 2,800
Retained Earnings 1,000
Total Stockholders' Equity 3,800
Total Liabilities and Stockholders' Equity $15,800
Additional information follows:
* Net income for the year ended December 31, 20X1 is $2,020.
* Cost of goods sold for the year ended December 31, 20X1 is $4,400.
* Accounts Receivable, net on January 1, 20X1 are $4,400.
* Total assets on January 1, 2X17 are $20,000.
* Net credit sales for the year ended December 31, 20X1 are $14,600.

Answers

Answer:

B) 1.20

Explanation:

To find the current ratio we will divide current assets with current liabilities and find the quick ratio we just need to deduct inventory and prepaid expense from current assets in the same current ratio formula.

Data

Current assets = $7,900

Prepaid rent = $898

Inventory = $2,200

Current liabilities = $4,000

Solution

Current ratio = current asset/curremy liability

Current ratio = $7900/$4000  

Current ratio = 1.975

 

Quick ratio = current asset - Inventories -prepaid rent / current liability

Quick ratio=$7,900-$2,200-$898/$4,000

Quick ratio = 1.20  

In _____, information is structured to a tactical level focus, where information enables operations.

Answers

Answer:

traditional warfare

Explanation:

In traditional warfare information is structured to a tactical level focus, where information enables operations.

It should be noted that traditional warefare is about struggles for domination, and weapons that are convectional are been used in other to Target their opponent, and as a result of this information should be structured in tactical level so that much can be known about their opponents.

2. The Jasmine Tea Company purchased merchandise from a supplier for $43,338. Payment was a noninterest-bearing note requiring Jasmine to make six annual payments of $8,000 beginning one year from the date of purchase. What is the interest rate implicit in this agreement

Answers

Answer:

3%

Explanation:

Given the following :

Purchased merchandise = $43,338

Number of payments required = 6

Payment per period = $8,000

PV factor (PVIFA) = (purchased merchandise / payment per period)

PVIFA = (43,338 / 8000) = 5.41725

Using the PVIFA table, we locate the interest rate on PVIFA factor of 5.41725 for a period of 6 years.

For PVIFA of 5.4172, the interest rate is 3%

Hence the implicit Interest t rate = 3%

PVIFA = [1 - (1+r)^-n] ÷ r

Calculate the real deficit or surplus in the following cases: a. Inflation is 10 percent. Debt is $3 trillion. Nominal deficit is $220 billion.

Answers

The question is incomplete. Here is the complete question

Calculate the real deficit or surplus in the following cases:

a. Inflation is 10 percent. Debt is $3 trillion. Nominal deficit is $220 billion.

b. Inflation is 2 percent. Debt is $1 trillion. Nominal deficit is $50 billion.

c. Inflation is –4 percent. (Price levels are falling.) Debt is $500 billion. Nominal deficit is $30 billion.

d. Inflation is 3 percent. Debt is $2 trillion. Nominal surplus is $100 billion.

Answer:

(A) $80 billion surplus

(B) $30 billion deficit

(C) $50 billion deficit

(D) $160 billion surplus

Explanation:

(A) The inflation is 10%

= 10/100

= 0.1

Nominal deficit is $220 billion

Debt is $3 trillion

Therefore the real deficit can be calculated as follows

= Nominal deficit-(inflation × debt)

= $220 billion-(0.1×$3 trillion)

= $220 billion-$300 billion

= -$80 billion

= $80 billion surplus

(B) The inflation rate is 2%

= 2/100

= 0.02

The nominal deficit is $50 billion

The debt is $1 trillion

Therefore the real deficit can be calculated as follows

= $50 billion-(0.02×$1 trillion)

= $50 billion - $20 billion

= $30 billion deficit

(C) The inflation rate is 4%

= 4/100

= 0.04

The nominal deficit is $30 billion

The debt is $500 billion

Therefore the real deficit can be calculated as follows

= $30 billion-(-0.04×$500 billion)

=$30 billion-(-$20 billion)

= $30 billion + $20 billion

= $50 billion deficit

(D) The inflation rate is 3%

=3/100

= 0.03

The nominal deficit is $100 billion surplus

The debt is $2 trillion

Therefore the real deficit can be calculated as follows

= $100 billion + (0.03×$2 trillion)

= $100 billion + $60 billion

= $160 billion surplus

Clem Oatley could grow wheat and barley. He could grow 75 bushels of wheat or 125 bushels of barley using the same resources on an acre of his land. The price of wheat is $2.00 per bushel and the price of barley $ 0.80. What should he specialize in

Answers

Answer:

Clem should specialise in wheat production because he has higher profits there

Explanation:

Clem needs to make a decision on the product that will maximise his profits and not just the number of units of products he can manufacture.

If he produces only wheat he will have profit of 75 bushels * $2 = $150

If he produces only barley his profit will be 125 bushels * $0.80 = $100

This shows that wheat is more profitable for Clem. Even though he can produce more units of barley.

Answer: Wheat

Explanation:

If Clem produced only wheat he would have;

= 75 * 2

= $150

If he instead produced only barley he would have;

= 125 * 0.80

= $100

Clem should therefore specialize in wheat as it would bring in more returns.

Who Are Better Drivers? Do you consider yourself a "better" driver than most other drivers? Do you believe that men and women might answer this question differently? Discuss how you might collect information to test the following conjectures. For each conjecture, state specifically the null H0 and alternative HA hypotheses that would be of interest.
(a) Conjecture: More than 70% of male drivers think they are "better" drivers than most other drivers.
(b) Conjecture: Fewer than 70% of women drivers think they are "better" drivers than most other drivers.
(c) Conjecture: The percentage of male drivers who think they are "better" drivers than most other drivers is higher than the corresponding percentage for women drivers.

Answers

Answer:

Yes, men and women will answer this question differently.

Explanation:

The null and alternative hypothesis of interest for each conjecture would be:

(A) Conjecture: More than 70% of male drivers think they are "better" drivers than most other drivers.

H0: Less than 70% of male drivers are better drivers than most other drivers

HA: More than 70% of male drivers are better drivers than most other drivers

(B) Conjecture: Fewer than 70% of women drivers think they are "better" drivers than most other drivers.

H0: More than 70% of women are better drivers than most other drivers

HA: Fewer than 70% of women are better drivers than most other drivers

(C) Conjecture: The percentage of male drivers who think they are "better" drivers than most other drivers is higher than the corresponding percentage for women drivers.

H0: There is a lower % of male drivers who think they are better than most other drivers than the corresponding % for female drivers

HA: There is a higher % of male drivers who think they are better than most other drivers, than the corresponding % for female drivers

NOTE: In A and B, you measure the actual percentage of male and female drivers who are good at driving but in C, you measure the percentage of male drivers who think they are better than most other drivers and compare it to the percentage of female drivers who think they are better than most other drivers.

___________________ are contracts that enforce expectations and responsibilities between two parties. They usually require a service, such as 24 hour support, to be performed in a timely and reliable manner to allow for agreed actions to be taken.

Answers

Complete Question:

_________________ are contracts that enforce expectations and responsibilities between two parties. They usually require a service, such as 24 hour support, to be performed in a timely and reliable manner to allow for agreed actions to be taken.

Group of answer choices

A. Security measures

B. Incident Response Plans

C. Business Continuity Plans

D. Service Level Agreements

Answer:

D. Service Level Agreements.

Explanation:

Service Level Agreements are contracts that enforce expectations and responsibilities between two parties. They usually require a service, such as 24 hour support, to be performed in a timely and reliable manner to allow for agreed actions to be taken.

Generally, a service level agreement (SLA) is usually between a service provider and its customers (end users).

In order to define and provide satisfactory service, organizations that provide services are expected to implement a service level agreement and it should comprise of the following parameters; responsibilities, expectations, metrics, time and frequency.

An example of a service level agreement is the mean time between failures (MTBF), mean time to repair or mean time to recovery (MTTR) which is generally used by telecommunications firms and internet service providers (ISP) for their respective customers.

Betsy Parker wants to buy a house in next 10 years and decides to have a SMART goal of having $40,000 as down payment. With the investment that gives interest rate of 5%, how much money she needs to set aside now

Answers

Answer:

$24,556.53

Explanation:

We are to find the present value

PV = FV x (1 + r) ^-n

FV = Future value  

PV = Present value  

R = interest rate  

N = number of years  

$40,000 x(1.05)^-10 = $24,556.53

Sky invests $90,000 today and receives a future value 8 years from now of $120,000. Interest is compounded twice per year. Her stated annual interest rate is _____ for this twice-a-year compounded investment.

Answers

Answer:

Annual interest rate= 3.63%

Explanation:

The rate of return earned on the investment can be worked out using the Future value of a lump sum formula.

The future value of a lump sum is the amount lump would amount to if interest is earned and compounded at a certain interest rate.

The formula is

FV = PV × (1+r)^(n)  

PV = Present Value- 90,000

FV - Future Value, - 120,000

n- number of period- 8× 2 = 16 (note interest is compounded twice a year)

r- interest rate per period - ?

120,000 = 90,000× (1+r)^16

1+r)^16= 120.000/90,000= 1.333

(1+r)^16= 1.333

1+r= 1.333^(1/16)

r =1.333^(1/16) -1  = 0.01812

r =0.01812× 100= 1.812%

Bi-annual interest rate = 1.812%

Annual interest rate = Bi-annual rate × 2

Annual interest rate = 1.812% × 2 =3.63%

Annual interest rate= 3.63%

"I'll let you sell the Harley-Davidson designer clothes only if you'll also sell a new line of clothes designed by Paula Abdul, too." This statement made by a salesperson to a specialty retailer is potentially an example of _______ and may be in violation of the Clayton Act prohibition if the action substantially lessens competition.

Answers

Answer:

B)tie-in sales.

Explanation:

Theses are the options for the question;

A. misrepresentation.

B. tie-in sales.

C. reciprocity.

D. price discrimination.

E. kickbacks

From the question, we are informed about a statement ""I'll let you sell the Harley-Davidson designer clothes only if you'll also sell a new line of clothes designed by Paula Abdul, too."

This statement made by a salesperson to a specialty retailer is potentially an example of tie- sales and may be in violation of the Clayton Act prohibition if the action substantially lessens competition.

It should be noted that tie - in sales in finance means that when a cusumer buys a goods he/she must buy the other product, it simply means the products are tied, and this is opposite of Clayton Act which was set up to bring end to transactions that can lead to monopolies.

You can afford monthly payments of $3,100. Current mortgage rates are 3.45% for a 30-year fixed rate loan. You are required to make a 20% down payment and have the cash to do it. What price home can you afford? g

Answers

Answer:

$868,331.25

Explanation:

price of house = P

principal of loan = P x (1 - 20%) = 0.8P

using the present value of an annuity formula:

present value of the loan = monthly payment x annuity factor

monthly payment = $3,100

annuity factor (PV, 0.2875%, 360 periods) = 224.0854839

present value of the loan = $3,100 x 224.0854839 = $694,665 = 0.8P

total value of the house = P = $694,665 / 0.8 = $868,331.25

The new service development process cycle contains all but ____ of the following activities.a) engineeringb) analysisc) developmentd) full launch

Answers

Answer:

Option A, Engineering, is the right answer.

Explanation:

Option “A” Engineering is the correct answer because the new service development process includes four steps that are Design, analysis, development, and full launch. Moreover, the first step of this process is a design that contains the idea generation and formulation of the product. The analysis contains business analysis as well as the analysis of the project. The next step is development, which includes the modification and testing of a product. Finally, the last step is a full launch where a company launches a product in the market. Therefore, all the options follow except option A.

The most detail form of job analysis is a motion study, the study of the individual machine motions in a job or task.
a) true
b) false

Answers

Answer:

b) false

Explanation:

Job analysis is the process of gathering and analyzing information about the content and the human requirements of jobs, as well as, the context in which jobs are performed. This is because, aside motion study of machines in a given firm, there are other studies with details in job analysis.

Maggie and Nate enter into a contract for the sale of a 1967 Ford Mustang, but Nate later refuses to deliver the car. Maggie asks a court to order Nate to perform as promised. Ordering a party to perform what was promised is

Answers

Answer:

an equitable remedy

Explanation:

Ordering a party to perform what was promised is an equitable remedy. This term refers to when there is an absence of law or regulation for a certain scenario, thus granting the judge authority to make the decision of what the law should be in that particular scenario. Therefore in a scenario like this one the judge can decide for himself/herself if they will make Nate perform what was promised or not.

During periods when the yield curve has a "normal" shape, as market interest rates change, which statement is TRUE

Answers

Answer

B. Long term bond prices are more volatile than short term bond prices

Explanation:

These are the options for the above question;

A. Short term bond prices are more volatile than long term bond prices

B. Long term bond prices are more volatile than short term bond prices

C. Both short term and long term prices are equally volatile

D. No relationship exists between long term and short term bond price movements

In finance, yield curve is very useful in the measurement of the ideal or belief the bond investor has concerning risk. With the help of the yield curve ,we can know relationship between the rate of interest and maturity's time.

It should be noted that during a period when the yield curve has a normal ascending shape long term bond prices are more volatile than short term bond prices, and the normal yield curve shape is usually reffered to as ""positive yield curve"".

Hence only option B is true.

In measuring an impairment loss, the difference between the asset's book value and its fair value is

Answers

Answer:

"Recognized as an impairment loss"

Explanation:

In measuring an impairment loss, the difference between the asset's book value and its fair value is recognized as an impairment loss. Impairment loss is defined as a loss incurred due to a decrease in an asset's fair market value such that the fair market value of the asset falls below its carrying value.  When an asset's fair market value (the price at which the asset is being sold in the market) falls below its carrying value (acquisition cost when the asset was purchased minus accumulated depreciation), it is said to be impaired.

Service Cost Flows Number the following activities from 1 to 3 in the order corresponding to the typical flow of cost in a CPA firm. Order Activity Answer Record the time worked on a client project by professional staff. Answer Record the completion of a client project. Answer Record the application of office overhead.

Answers

Answer:

following are the answer to this question:

Explanation:

Following are the flows to this question:  

It records the consumer project for completion.   It records the time, which the professional staff had operated on such a client project.   It is the document for the office, which overheads the submission.  

It's the conventional flow, which operates after the research, that was ended, and the number of human hours and its cost for the individual customer was established.

During an election year, why would a senator want to determine a mode?

Answers

This is the answer from E D G E N U I T Y and it is A.to determine which issue is most important to the general public

Have a nice day or night! uwu

Answer:

to determine which issue is most important to the general public

Explanation: I took the test and I got help from my teachers!!

Step Number Step in the Process As your personal circumstances change, redefine your goals and revise your plans and strategies. Develop and use financial statements to evaluate the results of your plans and budgets. Develop and implement budgets to control your progress toward your goals. Implement your financial plans and strategies. Define your financial goals. Develop the financial plans and strategies needed to achieve those goals.

Answers

Explanation:

Here are the steps in chronological other:

(1) Define your financial goals.

(2) Develop the financial plans and strategies needed to achieve those goals.

(3)Develop and use financial statements to evaluate the results of your plans and budgets.

(4) Develop and implement budgets to control your progress toward your goals.

(5) Implement your financial plans and strategies.

(6) As your personal circumstances change, redefine your goals, and revise your plans and strategies.

Explain how the employer promotes the health and safety of employees to minimise the risk of contracting the corona virus

Answers

There are many ways the employer can do this. Here are some examples:

✰ - Forcing all employees to get tested

✰- Must wear masks

✰- If it is a doctors/dentists, or somewhere you can't social distance, have employees wear face shields

✰- Social Distance, if possible.

✰- Sanitize anywhere a patient/customer could have been

Why is it important to note the exact variety of fresh produce desired, instead of merely noting the type of item needed

Answers

Answer and Explanation:

There are various reasons to make it significant which are as follows

1. As there are many different varieties are provided in the fresh produce which enables the several options for the manufacturer

2. Now if the items that are on the demanded are to be noted down so this indicates that these are only supplied no innovation is there

3. As it deals in different varieties so there are chances of high varieties in the same kind of product

4. The customer same demand could be met out by providing varieties of products

5. Also if the company offered varieties in the products that attract the customer and the demand could rise

6. With the help pf noting down the company could maximize its sales that result in maximize in its profits

Explain how economic forces such as employment, income, prices, interest rates, and consumer confidence influence the purchasing decisions you make as a consumer.

Answers

Answer:

Economics forces are the factors which consumer willingness and ability to buy goods and services.eg. interest rate, employment,income ,prices,consumer confidence. let us discuss factors one by one

Employment:employment effect the purchasing power, because if you are employed then you have steady income and have much disposable income to spend and a vice a versa will happen if you are unemployed

INCOME: Income is most important factore to determine consumer purchasing decisions. if your income is high then consumer is ready to spend on everything and vice a versa will happen if income is low.

PRICES: Prices also effect the consumer decisions. because if prices of a commodity is high than consumer is not willing to buy that commodity . in simple if prices rises quantity demanded by consumer decreses and if prices decresing quantity demanded by consumer increses

INTEREST RATES:Interst rate influences the cost of borrowings, lower the interest rate ,people are willing to borrow more to spend. while increasing interst rates makes borrowing more costly then people are not willing to spend and move in favour of savings.

CONSUMER CONFIDENCE:If a consumer is confident for future risk and income effect consumer decision.high level of consumer confidence effect consumer willingness to make major purchases like cars laptop etc overall demaand for consumer goods are incresing.and a vice a versa will happen if consumer are not sure for future and income

'Economic Forces' are characterized as the factors that directly affect the demand and supply chain in the economy.

The rise or fall in employment opportunities directly determines the demand for a specific good. If the consumer is earning well, his purchasing power would increase and he will purchase more and vice versa happens if he doesn't have an employment opportunity.Similarly, a rise in income will cause a hike in demand and enhance the purchasing power while a fall in income may restrict it. The interest rates and prices of goods are inversely proportional to the demand for a specific good or service in the market. The lower the price, the higher the demand, and the higher the price, the lower the demand. Consumer Confidence is also an important aspect because if a consumer is assured of his/her financial lookouts, he/she would purchase more but if their confidence is low, they might opt to save and demand less.

Learn more about 'Economic Forces' here:

brainly.com/question/8963389

What is the after-tax cost of debt for a firm if it pays at 21% of tax rate, and pays 15% on its debt

Answers

Answer:

= 11.85%

Explanation:

After tax cost of debt = (1 - tax rate) x debt

(1 - 0.21) x 15%

0.79 x 15% = 11.85%

Assume Baldwin is producing 713 units of Beetle next year. What would Beetle's plant utilization be?

Answers

Please find attachment, question slightly varies but mostly only by different figures and product used

Answer:

95% for answer in figures in attachment, 84% for question using figures above

Explanation:

Using figures from attachments, assuming Baldwin's products are Beetles

The plant capacity is 850 units for next round

Plant utilization if 808 units of Beetles are produced =

808/850*100=0.9506(to four decimal places)

95%( option C)

Plant utilization if 713 units of Beetles are produced=

713/850*100=0.8388(to four decimal places)

84%(using values from above)

If policy-makers want gasoline to be produced from corn-based ethanol, why would they have to subsidize it?
a) because automobiles run better on gasoline produced from ethanol
b) because food prices are lower when gasoline is produced from corn-based ethanol
c) because gasoline would not be produced if it was not subsidized
d) because it is costlier to produce gasoline from corn-based ethanol than from petroleum

Answers

Answer:

d) because it is costlier to produce gasoline from corn-based ethanol than from petroleum

Explanation:

Government subsidize certain industries because they want to increase the production and consumption of specific goods or services. In this case, if the government wants to increase the production of gasoline produced from ethanol, it must enable ethanol producers to be able to make a profit while selling their product. Or the government might subsidize the consumers by lowering the selling price, which would encourage more consumers to use ethanol based gasoline.

The whole reasoning behind the government having to subsidize either the producers or consumers of ethanol based gasoline is that the costs of producing it are higher than the costs of producing oil based gasoline. If it wasn't so, there would be no reason to subsidize it, the market would act by itself.

Famous Farm's payables deferral period (PDP) is 50 days (on a 365-day basis), accounts payable are $100 million, and its balance sheet shows inventory of $125 million. What is the inventory turnover ratio

Answers

Answer:

5.84

Explanation:

The formula for inventory turnover is

= Cost of goods sold / Inventory

However, we need to calculate first sales, using PDP equation, which is given as;

PDP = Receivables / [ Cost of goods sold / 365 ],

Alternatively,

Cost of goods sold =

365 [Payables] / DSO

Where ;

Payable = $100m

DSO = 50 days

Inventory = $125m

= (365 * $100) / 50

= $730m

Recall inventory turnover = Cost of goods sold / Inventory

= $730m / $125m

= 5.84

The company is deciding whether to drop product line F because it has an operating loss. Assuming fixed costs are​ unavoidable, if Karlson drops product line F and rents the space formerly used to produce product F for per​ year, total operating income will be

Answers

Answer:

$65,000

Explanation:

a lot of information is missing, so I looked at a similar question to fill in the blanks:

                                         product D      product E      product F

Sales revenue                   $90,000        $50,000       $30,000

Variable costs                   (40,000 )        (10,000 )        (11,000 )

Contribution margin         $50,000        $40,000        $19,000

Fixed costs                        (10,000 )        (10,000 )       (24,000 )

Operating income (loss)   $40,000        $30,000       ($5,000 )

product F's facilities can be rented for $19,000

net unavoidable fixed costs = $19,000 - $24,000 = ($5,000)

                                         product D      product E      product F

Sales revenue                   $90,000        $50,000        

Variable costs                   (40,000 )        (10,000 )        

Contribution margin         $50,000        $40,000        

Fixed costs                        (10,000 )        (10,000 )      

Operating income (loss)   $40,000        $30,000       ($5,000 )

total income = $40,000 + $30,000 - $5,000 = $65,000

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