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puteri [66]
3 years ago
11

How would you set up Economic questions when it involves talking about insurance & percentages.

Business
1 answer:
xeze [42]3 years ago
6 0

Answer:

Simple, cool pfp btw. A story, first before the question. A short story like going into an accident or how expensive things are, or both.

Explanation:

You see, there is nothing I like more than a little story, short and sweet. If you can hook the readers into the story you can ask the question and get them thinking with the story you made. A clever trick I taught myself.

You might be interested in
produces a single product. for the most recent year, the company's net operating income computed by the absorption costing metho
STALIN [3.7K]

Answer:

Hi, your question is incomplete, i tried to look for it online but i could not find it.

However, here below are some explanations on how to solve the problem question.

We can find the beginning inventory by reconciling the operating income computed by the absorption costing to the operating income computed by the variable costing.

<u>The format of the Reconciliation is :</u>

Absorption costing  operating income

<em>Add</em> Fixed Manufacturing Costs in Opening Stock

<em>Less</em> Fixed Manufacturing Costs in Closing Stock

= Variable costing operating income

So the difference between operating income computed by the absorption costing and the operating income computed by the variable costing shows the change in inventory during the period.

Change in unit terms will be : Total Inventory Cost ÷ Unit Fixed Manufacturing Costs.

<u>Now, possible scenarios with your question </u>

<u>IF ENDING INVENTORY IS AVAILABLE</u>

We can add or subtract this change in units to the closing Inventory units to arrive to the beginning inventory units.

<u>IF ENDING INVENTORY IS </u><u>NOT</u><u> AVAILABLE</u>

The change in inventory units will be our only inventory during the period and this will also be the beginning inventory units.

5 0
3 years ago
Andrea, an enterprising individual, wants to open a store in her town. She wants her store to be of the same type as a popular c
uysha [10]

Answer:

D. Franchisee

Explanation:

A franchisee can be defined as an individual who is a small business owner who operates a franchise. A franchisee is given license by the franchisor to run a business under the franchisor's trade mark, trade name and method of operations. A franchise is a business in which the owners sell the rights to their business trade mark, trade name, logo and method of operations to a third party outlet or individuals owned separately by who we refer to as the franchisee. In this case, Andrea wants to become a franchisee by opening the same type of popular coffee chain in her town that is found in a nearby town.

6 0
3 years ago
All of the following will occur if the government places an effective price ceiling on candy bars except:
miskamm [114]

Answer:

c. there will be a surplus of candy bars. 

Explanation:

A price ceiling is when the government or an agency of the government sets the maximum price for a good or service.

If a price ceiling is effective, the price ceiling is set below equilibrium price.

If price is set below equilibrium price, the quantity supplied would fall and this would lead to an excess of demand over supply. Also, scarcity of the product for which a price ceiling has been set would occur.

A black market would occur. There would be a drop in the quality of product as sellers would be trying to maximise profits.

I hope my answer helps you

6 0
4 years ago
Golebiewski Corporation has provided the following contribution format income statement. Assume that the following information i
Andrews [41]

Answer:

Margin of safety= $9,000

Explanation:

<u>First, we need to calculate the selling price and unitary variable cost:</u>

Selling price= 150,000 / 5,000= $30

Unitary varaible cost= 112,500 / 5,000= $22.5

<u>Now, we need to determine the break-even point in dollars:</u>

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 35,250 / [(30 - 22.5) / 30]

Break-even point (dollars)= 35,250 / 0.25

Break-even point (dollars)= $141,000

<u>Finally, the margin of safety in dollars:</u>

Margin of safety= (current sales level - break-even point)

Margin of safety= 150,000 - 141,000

Margin of safety= $9,000

8 0
3 years ago
Consumers usually buy a(n) _____ only after comparing several brands or stores on style, practicality, price, and lifestyle comp
IgorC [24]

Consumers usually buy a shopping product only after comparing several brands or stores on style, practicality, price, and lifestyle compatibility

<h3>Who are consumers?</h3>

Consumer are individual or group of people who are willing to pay for a particular products or services they need.

Consumer often go around to compare prices and custom relations after which they decide who to buy from.

Therefore, Consumers usually buy a shopping product only after comparing several brands or stores on style, practicality, price, and lifestyle compatibility

Learn more on consumer below,

brainly.com/question/380037

#SPJ12

8 0
2 years ago
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