Answer: Damage caused to a rented garage by the insured auto
Explanation:
Personal Auto insurance policy is a policy that's is bought by vehicle owners in order to mitigate the costs which results from one getting in an accident with the vehicle.
Under the Liability Coverage of the Personal Auto policy, the damage that would be covered will be damage caused to a rented garage by the insured auto.
Corporate parenting generates corporate strategy by focusing on:_____.
a) differentiating its activities into separate units and integrating these activities through complex integrating mechanisms.
b) the cash flow among its business units.
c) the core competencies of the parent corporation and on the value created from the relationship between the parent and its units.
d) whether a business unit should be growing, stabilizing, or retrenching.
e) acquiring distinctive competencies in the marketplace.
Answer: c) the core competencies of the parent corporation and on the value created from the relationship between the parent and its units.
Explanation:
T-bills are offered in what monetary increment? $1 $10 $100 $1000
Answer:
1,000 is the answer
Explanation:
Because it is
Answer:
The correct answer is $100
Explanation:
This information has come directly from the U.S department of treasury.
A company purchased merchandise to be resold at increasing costs during the year 2019. The purchases were made at the following costs. 1. What are the number of units and the cost of the goods available for sale? 2. Assuming the LIFO periodic cost flow assumption, what will be the company's cost of goods sold for the 110 items sold in 2019? 3. Assuming the FIFO periodic cost flow assumption, what will be the company's cost of goods sold for the 110 items sold in 2019? 4. Assuming the periodic weighted-average cost flow assumption, what is the company's cost of goods sold for the 120 items sold in 2019? 5. Assuming the LIFO perpetual cost flow assumption, what will be the company's cost of goods sold if 10 units were sold on the last day of each month during the year 2019? 6. Assuming the perpetual moving-average cost flow assumption, what is the company's cost of goods sold for the 110 items sold in 2019? 7. A company's inventory was destroyed in a fire on January 28, 2020. The company's December 31, 2019 inventory had a cost of $40,000. The company's gross profit has consistently been 30% of sales. During January the company purchased merchandise costing $36,000 and sales of $50,000 at regular selling prices. What is the estimated cost of the inventory that was destroyed on January 28, 2020?
Answer:
7. $41,000
Explanation:
7. The company has $40,000 of inventory on December, it further purchased $36,000 of inventory in January. The sales in January amounted to $50,000 out of which 30% is gross profit. The cost of goods sold will be $35,000. The inventory that is destroyed by fire $41,000 ($40,000 + $36,000 - $35,000 ).
Great Britain, Denmark, and Sweden have stayed out of the euro zone because of the Multiple Choice dollar peg advocated by some members of the European Union. implied loss of national sovereignty to the European Central Bank. volatility of the euro. reluctance to compete directly against the U.S. dollar. reluctance to be considered an optimal currency area.
Answer:
implied loss of national sovereignty to the European Central Bank
Explanation:
Unlike France, that has adopted the Euro as its currency, Great Britain, Denmark and Sweden have all decided to stay out of the Euro zone. This is because accepting the Euro as their currency will mean that the European Central Bank, through the Euro, has power over their economies as a result of exchange.
Also, staying away from the Euro zone means that the European central bank doesn't have control of their monies among other things.
Cheers
Which of the following scenarios best illustrates bundling? Cumulus Media Inc. sells its cloud computing network by having customers pay for the service as they use it. Fresh Seeds Inc. sells seed packages, in which a person can buy a package of three types of seeds at a discounted price compared to buying the seeds individually. Sharp Cable Inc. sells its basic TV channels for free but charges high prices for any channels that customers add on later. Clean Brush Inc. sells its electric toothbrushes for a low cost, but charges a high price for replacement brushes.
Answer:
The scenario that best illustrate BUNDLING is option B which state that:
Fresh Seeds Inc. sells seed packages, in which a person can buy a package of three types of seeds at a discounted price compared to buying the seeds individually
Explanation:
BUNDLING occur when a company or an organisation combine different product together as a package and than sell those product at a discounted amount or lower price instead of charging their customers to buy those product separately
For example, a customers may prefer iPhone 6 than iPhone 5 Instead of the company to sell iPhone 6 for $500 dollars and iPhone 5 for $400 dollars each, the company will then bundles or combined the two product and sells them at a discounted price or amount of $300.
What is the difference between a total and a subtotal?
Explanation:
SUB-TOTAL:
The total for a part of a list of numbers being summed.
TOTAL:
An amount obtained by addition of smaller amounts.
Answer:
subtotal is all the different parts being added together from different list.
total is the all items being added together plus tax.
Explanation:
For most producing firms:_______.
a. average total costs decline as output is carried to a certain level, and then begin to rise.
b. marginal cost rises as output is carried to a certain level, and then begins to decline.
c. average total costs rise as output is carried to a certain level, and then begin to decline.
d. total costs rise as output is carried to a certain level, and then begin to decline.
Answer:
letter a is the correct answer
Explanation:
Peggy andrews has a charge account at davis jewelers, which uses the unpaid-balance method of computing finance charges. the periodic rate is 1.75%. peggy's previous balance is $9,472.08. she had payments and credits of $250.00. her new purchase of $45.00 was not included in the finance charge calculation. what is the new account balance including the new purchase? (hint: calculate finance charge before adding $45.00 to the balance.) $9,428.47 $9,222.08 $9,267.08 $9,429.25
Answer: $9428.47
Explanation:
Given the following :
Periodic rate = 1.75% = 0.0175
Previous balance = $9472.08
Payments and credit = $250
New purchase = $45
Unpaid balance = previous balance - payments and credit
Unpaid balance = $9,472.08 - $250 = $9222.08
Finance charge = unpaid balance × periodic rate
Finance charge= $9222.08 × 0.0175 = $161.3864
New balance = (unpaid balance + finance charge + new purchase)
New balance = $(9222.08 + 161.3864 + 45)
New balance = $9428.4664
New balance = $9,428.47
What best describes the kinds of companies in which a socially responsible
investor would invest his or her money?
O A. Companies that rely on nonmonetary calculations when doing
cost-benefit analysis
B. Companies with a business model and social mission that the
investor supports
O C. Companies that put profit-maximization above all other
considerations
O D. Companies that work toward decreasing marginal utility for a
society
Answer: Companies with a business model and social mission that the
investor supports
Sal purchased a used toaster at a yard sale. The seller told Sal that although the toaster was more than 10 years old, she had not had any problems with it. Sal takes the toaster home and uses it for a few months. One day, however, as Sal was using the toaster, it malfunctioned and caused a small fire in Sal's kitchen along with significant smoke damage. Sal decides to sue the manufacturer of the toaster and will do so within one month of the fire. What would likely be the manufacturer's best defense in a strict liability in tort action brought by Sal?
Answer:
The manufacturer of the toaster would argue from the point of view of the warranty offered for the toaster. In most electronic products, the manufacturer offers warranty ranging from 1 year to 5 years.
For the toaster to have worked for more than 20 years without any problem shows that it was a good product. And, the warranty must have expired hence the need not to be held responsible for whatever happened to it.
Explanation:
Van and her brother Trung both own homes valued at $175,000. Both pay property taxes at 1.25% and pay annual taxes of $2,187.50. They live in different neighborhoods. Van’s property value is expected to increase by 5% next year.Trung’s property value is expected to increase by 3%. How will these changes affect their property taxes? Check all that apply.
Answer:
Van's property tax will increase.
Trung's property tax will be less than Van's.
Trung's property tax will increase.
Explanation:
Data provided in the question
Value of the home = $175,000
Property taxes = 1.25%
Annual taxes = $2,187.50
Increased percentage for Van = 5%
Increased percentage for Trung = 3%
based on the above information, the affect is as follows
Van's property tax would rise as he expects his home's value to rise more than Trung's property value. Since the value of Van 's property is rising and rising more than that of Trung, Trung's would be less than that of Van. Because of the rise in value Trung's property tax is rising.
The two most basic inventory questions answered by the typical inventory model are: Group of answer choices Order quantity and service level Timing and quantity of orders Quantity and cost of orders Ordering cost and carrying cost Timing and cost of orders
Answer:
timing of orders and order quantity.
Explanation:
The economic order quantity is the quantity at which the carrying cost and the ordering cost is equal to each other. It depicts the number of units that added in the inventory and it makes that number of units orders so that it can lowered the total inventory cost i.e purchase cost, carrying cost and the ordering cost
On the other hand, the reorder point is the point at which the firm holds the stock and when it reaches that point at which the firm is able to reorder the items
Therefore the order timings and the quantity orders are the two basic inventory questions i.e to be answered.
Information regarding income levels, education, occupation, and ethnic groups in your target market is called
A. product-based research
B. advertising information
C. demographics
D. secondary research
Answer:
Option C. Demographics
Explanation:
Demographics are a population section of a particular target market depending upon specific demographic information which differentiates this section from other section population. These demographics mostly includes location, family status, occupation, education level, etc.
In ______ cycle theory, fluctuations in both investment and consumption expenditure, driven by fluctuations in the growth rate of the quantity of money, are the main source of fluctuations in aggregate demand.
Answer: Monetarist
Explanation:
The monetarist theory is a theory which believes that the changes in the supply of money is the most important factor in the growth of an economy.
In this concept, economic stability can be fostered through targeting the money supply. The theory assume that the fluctuations in both the investment and consumption expenditure, which are s a result of the fluctuations in growth rate of the quantity of money, are the main source of fluctuations in aggregate demand.
Assume that we are in the MM world. Health and Wealth Company is financed entirely by common stock that is priced to offer a 12 percent expected return. If the company repurchases 20 percent of the common stock and substitutes an equal value of debt yielding 8 percent, what is the expected return on the common stock after refinancing
Answer:
13%
Explanation:
the new cost of equity = old cost of equity + [(debt / equity) x (old cost of equity - cost of debt)]
the new cost of equity = 12%+ [(20 / 80) x (12% - 8%)] = 12% + 1% = 13%
Since we are in the MM world, taxes do not exist, therefore they are not included in the equation.
You are the manager of a project that has an operating leverage rating of 2.8 and a required return of 14 percent. Due to the current state of the economy, he expects sales to decrease by 7 percent next year. What change should you expect in operating cash flows next year given your sales forecast?
Answer:
The change should you expect in operating cash flows next year would be 19.60%
Explanation:
In order to calculate the change should you expect in operating cash flows next year given your sales forecast we would have to make the following calculation:
change should you expect in operating cash flows=operating leverage rating*percentage of decrease sales next year
change should you expect in operating cash flows=2.8*0.07
change should you expect in operating cash flows=19.60%
The change should you expect in operating cash flows next year would be 19.60%
If you have a checking account and want to buy something online, which method of payment would be most convenient? (Select the best answer.) If you have a checking account and want to buy something online, which method of payment would be most convenient? (Select the best answer.) Writing a check Using an overdraft Using your checkbook register Using a debit card
Answer:
Using a Debit card
Explanation:
Online transaction and payments are transactions that are conducted virtually and electronically through the internet and computer network. One major attribute of this medium of payment is that physical method of payment are minimally used. An example of a medium of online payment is the use of a debit card
A debit card is a payment card issued by financial organization and linked to a customers checking account , which can be used to pay for purchases made through an online platform. It is a faster and saver means of payment.
Answer:
Debit Card (got it right on my test)
Explanation:
Group companies normally trade with each other and are involved in other forms of business relationships. Discuss the impact that this will have on group performance and tell how these transactions are dealt with in the books of the group as a whole
Answer:
Some of the impacts that will have on group performance:
Cost cutting due to transfer pricingRevenue increase due to internal tradingThe internal trading transactions will be separated from the reconciliation statements.
Explanation:
Exhibit 15-3 Potatoes and wheat output (tons per day) Country Potatoes Wheat United States 4 2 Ireland 3 1 In Exhibit 15-3, the United States has an absolute advantage in producing: Group of answer choices
Answer:
The answer is "Both potatoes and wheat"
Explanation:
The actual value of US production is a productivity gain, which is the value of potatoes and wheat, since it will yield more with a given day than in Ireland. Unless the country has it, otherwise nation A (USA) created the product more for country B (Ireland), the benefit between two commodities. Instead of the national comparative benefit, foreign trade is based on the concept of competitive advantage.Silas Company reported the following information for 2015: Sales revenue $500,000 Cost of goods sold 350,000 Operating expenses 55,000 Unrealized holding gain on available-for-sale securities 20,000 Cash dividends received on the securities 2,000 For 2015, Silas would report comprehensive income of
Answer:
$20,000
Explanation:
Since there are cash gains that have not been realized as a result of the goods not being sold complete;y. This means that there is still more cash for to be inputted into the account information when a comprehensive income review is done.
from the question, it shows that $20,000 is te unrealized gain and as such is the going to be part of comprehensive income when the books of Silas company are to be reckoned.
Cheers.
In a closed economy, the values for gdp, consumption spending, investment spending, transfer payments, and taxes are as follows: y = $11 trillion c = $8 trillion i = $2 trillion tr = $1 trillion t = $2 trillion using the information above, what is the value of private saving and public saving?
Answer:
Private saving = $2 trillion
Public saving = $1 trillion
Explanation:
Private saving = GDP - Taxes + Transfer payments - Consumption spending
= Y - T + TR - C
= $11 - $2 + $1 - $8
= $2 trillion
Public saving = Taxes - Government spending - Transfer payments
= T - G - TR
= $2 - $0 - $1
= $1 trillion
Therefore;
Private saving = $2 trillion, Public saving = $1 trillion
An activity-based costing system ______. requires substantial resources provides benefits of improved accuracy that always outweigh the costs produces different numbers than a traditional system is costly to maintain
Answer:
1. Requires substantial resources.
2. produces different numbers than a traditional system.
3. Is costly to maintain.
Explanation:
Activity-based costing (ABC) system is a method of accounting assigns the total cost of activities such as manufacturing overhead costs and indirect costs necessary to produce a product or provide a service.
Basically, an activity-based costing (ABC) system is focused on the cost drivers associated with the respective activities, which are responsible for cost to be incurred. The cost drivers are activities such as direct labor, purchase order, machine use etc.
Hence, an activity-based costing system requires substantial resources, produces different numbers than a traditional system and is costly to maintain.
An activity-based costing system Requires substantial resources, produces different numbers than a traditional system, and Is costly to maintain. Thus options A, C, and D are correct.
The ABC system (activity-based costing) is an accounting technique that determines the entire cost of activities like manufacturing overhead expenses and indirect costs required to create a good or deliver a service.
An activity-based costing (ABC) system basically focuses on the cost drivers connected to the corresponding actions that cause costs to be incurred. Activities including direct labor, purchase orders, equipment utilization, etc., are the cost drivers.
As a result, an activity-based costing system is expensive to run, takes significant resources, and generates data that differs from that of a typical system.
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Your question seems to be incomplete, but most probably the complete question was:
An activity-based costing system ______.
A. requires substantial resources provides
B. benefits of improved accuracy that always outweigh the costs
C. produces different numbers than a traditional system
D. is costly to maintain
Suppose that kyle and lisa are both in the public eye. they get offers to sell secrets of the other to tabloids. if both keep the secrets, they are both better off than if they get exposed. if only one is exposed, the other person is better off than if no one was exposed. thier payoffs from each option are given in the payoff matrix below.
Answer:
Give us more
Explanation:
No payoff matrix included, and no question present.
If the nominal interest rate is below the equilibrium value, then the quantity demanded of money is ______ than the quantity supplied of money, bond prices will ____, and the nominal interest rate will ____
Answer:greater ,rise,decrease
Explanation:
Good Price Year 1 Quantity of Goods Year 1 Price Year 2 Quantity of Goods Year 2 Quarts of ice cream $4.00 3 $4.00 5 Bottles of shampoo 3.00 1 3.00 2 Jars of peanut butter 2.00 3 2.00 2
Complete question :
Good Price Year 1 Quantity of Goods Year 1 Price Year 2 Quantity of Goods Year 2 Quarts of ice cream $4.00 3 $4.00 5 Bottles of shampoo 3.00 1 3.00 2 Jars of peanut butter 2.00 3 2.00 2.
What was nominal GDP in year 1? What was real GDP in year 1?What was nominal GDP in year 2? What was real GDP in year 2?
Answer: $21 ; $21 ; $30 ; $30
Explanation:
Given the following:
Goods, price YR 1; qty YR 1; price YR 2; qty YR 2
Quarts of ice cream; $4.00; 3; $4.00; 5
Bottles of shampoo; $3.00; 1; $3.00; 2
Jars of peanut butter; $2.00; 3; $2.00; 2
A.) Nominal GDP in year 1:
NOMINAL GDP = SUMMATION OF THE PRODUCT OF PRICE AND QUANTITY OF GOODS FOR A PARTICULAR YEAR
QUARTZ OF ICE CREAM = $4 × 3 = $12
BOTTLE OF SHAMPOO = $3 × 1 = $3
JARS OF PEANUT BUTTER = $2 × 3 = $6
NOMINAL GDP = $(12 + 3 + 6) = $21
B) REAL GDP YEAR 1
REAL GDP = SUMMATION OF THE PRODUCT OF PRICE OF BASE YEAR AND QUANTITY OF GOODS FOR A PARTICULAR YEAR
QUARTZ OF ICE CREAM = $4 × 3 = $12
BOTTLE OF SHAMPOO = $3 × 1 = $3
JARS OF PEANUT BUTTER = $2 × 3 = $6
REAL GDP = $(12 + 3 + 6) = $21
C) NOMINAL GDP YEAR 2
QUARTZ OF ICE CREAM = $4 × 5 = $20
BOTTLE OF SHAMPOO = $3 × 2 = $6
JARS OF PEANUT BUTTER = $2 × 2 = $4
NOMINAL GDP = $(20 + 6 + 4) = $30
D)REAL GDP YEAR 2
REAL GDP = SUMMATION OF THE PRODUCT OF PRICE OF BASE YEAR AND QUANTITY OF GOODS FOR A PARTICULAR YEAR
QUARTZ OF ICE CREAM = $4 × 5 = $20
BOTTLE OF SHAMPOO = $3 × 2 = $6
JARS OF PEANUT BUTTER = $2 × 2 = $4
REAL GDP = $(20 + 6 + 4) = $30
All of the following are assumptions of cost-volume-profit analysis except a.the sales mix is constant. b.costs can be divided into fixed and variable components. c.there is no change in inventory quantities during the period. d.within the relevant range of operating activity, the efficiency of operations can change.
Answer:
d. within the relevant range of operating activity, the efficiency of operations can change.
Explanation:
Cost-volume-profit analysis is also known as the break even analysis, it is an important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be earned is. It is used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.
Generally, to use the cost-volume-profit analysis, financial experts usually make some assumptions and these are;
1. Sales price per unit product is kept constant.
2. Variable costs per unit product are kept constant and the total fixed costs of production are kept constant i.e costs can be divided into fixed and variable components.
3. All the units produced are sold i.e there is no change in inventory quantities during the period.
5. The costs accrued are as a result of change in business activities.
6. A company selling more than a product should simply sell in the same mix i.e the sales mix is constant.
Hence, the aforementioned are assumptions of cost-volume-profit analysis except that, within the relevant range of operating activity, the efficiency of operations can change.
All of the following are assumptions of cost-volume-profit analysis except within the relevant range of operating activity, the efficiency of operations can change. Thus, option D is the correct option.
The break-even analysis, also known as cost-volume-profit analysis, is a crucial technique for forecasting the amount of activity, expenditures to be incurred, sales to be produced, and profits to be realized. It is employed to assess how variations in various activity levels, such as expenses and volume, impact an organization's operating income and net income.
Financial professionals typically utilize the cost-volume-profit analysis and base their decisions on the following assumptions:
The unit sales price of the product is constant.The overall fixed costs of production are maintained at a consistent level, allowing for the division of costs into fixed and variable components.Learn more about cost-volume-profit here:
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A coffee shop uses an online system to engage customers. After each transaction, customers receive a text asking them to rate their experience with either a smiley, neutral, or sad face emoji. This practice is an example of _______ control. behavioral concurrent bureaucratic feedforward feedback
Answer:
Feedback.
Explanation:
In this scenario, a coffee shop uses an online system to engage customers. After each transaction, customers receive a text asking them to rate their experience with either a smiley, neutral, or sad face emoji. This practice is an example of feedback control.
Feedback can be defined as the information acquired from customers or consumers about their reactions to a particular product bought or service taken. Business firms or entities use informations gathered through feedback to improve on the quality of their products or services being provided to consumers and to measure sales performance.
An investment adviser structured as a partnership lends money to a customer to buy recommended securities. Under NASAA's Model Rule on Unethical Business Practices of Investment Advisers, Investment Adviser Representatives, and Federal Covered Advisers, this activity is
A) acceptable, provided the securities are used as collateral for the loan and the loan conforms to the provisions of Regulation T.
B) acceptable, provided the loan is made under the provisions of Regulation T of the Federal Reserve.
C) unethical.
D) acceptable, provided the securities are used as collateral for the loan.
Answer: Unethical
Explanation: Based on the model and policy of the North America Securities Administrator's Association, the investment adviser cannot lend money to a customer to purchase recommended securities under the guise of being partners, such behavior is deemed UNETHICAL and in violation of the rule binding the practices and investment advisers and investment adviser representatives.
Customers can purchase securities by taking loans from recommended or regulated lender, broker or bank.
If I was gonna be a business person what would I be and why?
Answer:
peter druker and write about him and the stuff he did write that he is the person u look up for
Florida state saving bond can be converted to $1000 at maturity date of five year from purchase if the state bond are to be competitive with the USA saving bonds which pay 1% interest compounded annually at what price will the state bonds sell
Answer:
The price will the state bonds sell would be $951.46
Explanation:
In order to calculate the price will the state bonds sell we would have to make the following calculation:
price will the state bonds sell=price to be converted/(1+interest rate)∧n
According to given data we have the following:
price to be converted=can be converted to $1,000 at maturity date of five year from purchase
interest rate=1%
n=5
Therefore, price will the state bonds sell=$1,000/(1+1%)^5
price will the state bonds sell=$951.46
The price will the state bonds sell would be $951.46