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2 years ago

If you don't own a home or a car, your liability is

Business

1 answer:

muminat2 years ago

8 0

If you don't own a home or a car, your liability is b. lower than one who owns both.

<h3>What is a Liability?</h3>

This refers to the legal state of a person who is responsible for something that is put in his care.

Hence, we can see that for a person that owns a car and house, the liability that he has is far higher than someone that does not own any of them.

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Many customers have expressed a preference for local produce in season. Andy and Scott form partnerships with local farmers to e

FinnZ [79.3K]

The answer is a clout

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3 years ago

Coronado's Place recorded the following data:

Lorico [155]

Answer:

The weighted average unit cost of the inventory at January 31 is $496

Explanation:

Weighted Average unit cost the average cost of units on hand on each day. It is calculated by dividing total inventory value by total available units.

Date Unit Received / Sold On Hand Unit Cost Balance

1/1 Inventory 540 units at $2.80 540 $1,512 $1,512

1/8 Purchased 960 units at $2.3 1500 $2208 $3,720

1/12 Sold 1,300 at ($3,720/1500) 200 $3,224 $496

4 0

3 years ago

Chris has three options for settling an insurance claim. Option A will provide $1,500 a month for 6 years. Option B will pay $1,

Papessa [141]

Answer:

<u><em>Option B. $1,025 a month for 10 years.</em></u>

Explanation:

Calculate the present value of each option:

$\text{Monthly rate: } 6.8\%/12 = 0.068/12 = 0.005\overline 6$

Formula:

$PV=C\times \bigg[\dfrac{1}{r}-\dfrac{1}{r(1+r)^t}\bigg]$

Where:

PV is the present value of the constant monthly payments
r is the monthly rate
t is the number of moths

<u>1. Option A will provide $1,500 a month for 6 years. </u>

$PV=$\ 1,500\times \bigg[\dfrac{1}{(0.005\overline 6}-\dfrac{1}{0.005\overline 6(1+0.005\overline 6)^{(6\times12)}}\bigg]$

$PV=\$ 88,479.23$

<u>2. Option B will pay $1,025 a month for 10 years. </u>

$PV=$\ 1,025\times \bigg[\dfrac{1}{(0.005\overline 6}-\dfrac{1}{0.005\overline 6(1+0.005\overline 6)^{(10\times12)}}\bigg]$

$PV=\$ 89,068.22$

<u>3. Option C offers $85,000 as a lump sum payment today. </u>

<u></u>

PV = $85,000

<h2 /><h2> Conclusion:</h2>

The present value of the<em> option B, $1,025 a month for 10 years</em>, has a the greatest present value, thus since he is only concerned with the <em>financial aspects of the offier</em>, this is the one he should select.

3 0

3 years ago

The risk-free rate is 2.2 percent and the market expected return is 11.9 percent. What is the expected return of a stock that ha

zepelin [54]

Answer:

the expected return of a stock is 10.542%

Explanation:

The computation of the expected return on a stock is shown below:

Expected return on stock is

= Risk free rate + beta × (market rate of return - risk free rate)

= 2.2% + 0.86 × (11.9% - 2.2%)

= 2.2% + 0.86 × 9.7%

= 2.2% + 8.342

= 10.542%

hence, the expected return of a stock is 10.542%

We simply applied the above formula so that the correct value could come

And, the same is to be considered

5 0

3 years ago

The S&P 500 index delivered a return of 20%, -10%, 20%, and 5% over four successive years.

sladkih [1.3K]

Answer:

C) 8.75%

Explanation:

Number of periods = 4 years

Given return rates = 20%, -10%, 20%, and 5%

To obtain the arithmetic average annual return, add the return rates given for all periods and divide the sum by the number of periods.

$AAR = \frac{20-10+ 20+ 5}{4} \\AAR=8.75\%$

Over four years, the S&P 500 index delivered an arithmetic average annual return of 8.75%.

4 0

3 years ago