1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Harrizon [31]
2 years ago
6

11. The Federal statute that was intended to reduce the number of repetitive NFIP claims while also reducing flood losses and co

sts associated with insurance claims is the:
Business
1 answer:
anastassius [24]2 years ago
3 0

he Flood Insurance Reform Act of 2004 is the statute that was intended to reduce the number of repetitive NFIP claims.

<h3>What was the Federal flood institute?</h3>

This was the institute that was started in the United States due to the havoc that was caused by floods.

The goal of this was to check the claims that people were making based on the situation.

Read more on the national flood program here:

brainly.com/question/17101345

#SPJ1

You might be interested in
How would an increase in the labor force affect the revenues collected by the federal government?
mafiozo [28]

Answer:

See explanation below for answer.

Explanation:

One way in which the federal government makes money is to impose a tax on the salaries and wages earned by workers. This tax is a particular percentage of the salaries and wages of workers, and it is collected by the government to be used for various purposes.

Therefore, if the labour force were to be increased, meaning an increase in the number of workers in the economy, this would lead to more people earning wages and salaries, thereby translating into more tax to be collected by the government.

Hence, an increase in the labour force has a positive effect on government revenue, because it will lead to an increase in revenue collected from taxes.

3 0
3 years ago
Stahl inc. produces three separate products from a common process costing $100,000. each of the products can be sold at the spli
BartSMP [9]

Answer:

a. Computation of total Net Income if all products are sold at split-off point

 Sales : Product 10               $60,000

              product 12                15,000

              product 14             <u>   55,000</u>

                                                130,000

Common processsing cost   <u> (100,000)</u>

Net income                              <u>  30,000</u>

<u />

b. Computation of Net Income if all produts are sold after proccessing further

 sales : Product 10                        $190,000

              product 12                         35,000

              product 14                         215,000

                                                     <u>  440,000</u>

Cost  :

Common cost        100,000

futher processing:

Product 10              100,000

product 12                30,000

product 14              <u>150,000  </u>         <u> (380,000)</u>

Net Income                                     <u>  60,000 </u>

<u />

c. Using Incremental Analysis

                                              prodcut 10            product 12             product 14

Increase in sales revenue   $130,000               $20,000                $160,000

further processing cost           <u> (100,000)</u>          <u>(30,000) </u>                <u>(150,000) </u>  

Incremental revenue              <u>  30,000 </u>            <u>  (10,000) </u>                 <u>10,000  </u><u>  </u>

<em>product 12 should not be processed further because it will bring  loss to the company. </em>

d.    <u>Computation of Net Income based on the "c" above result </u>

Sales : Product 10                                  $190,000

           product 12                                     15,000

         product 14                                     <u>215,000</u>

                                                               420,000

cost:

common cost                       100,000

further processing cost :

product 10                            100,000

product 14                             <u> 150,000 </u> <u>  350,000</u>

Net Income                                             <u>  70,000</u>

Explanation:

5 0
3 years ago
During her presentation to a prospective customer,Lea informed him about the new wallboard's superiority.She also brought a samp
snow_lady [41]

Answer:

A, multiple-sense approach

Explanation:

Multiple- sense approach can be simply defined as a marketing style that makes a product appeal to a consumer's sense of reasoning.

By multiple-sense or multi sense for short, Lea was able to involve the customer as well as the contractor on the project. This was to ensure the buyer understands and also by giving the contractor a feel of the product so as to be able to further convince the consumer.

Cheers..

4 0
3 years ago
As the owner of a business, you are responsible for making decisions on technological upgrades. A vendor of point of sales syste
Svetach [21]

Answer:

2 years

Explanation:

Payback can be calculated by identifying net savings of employing this new system.

Net savings = Savings from reduced labor costs - Annual license and maintenance fee

Net Savings = (35,000 * 3) - 25,000 = $80,000 saving / year

Initial outlay = $160,000

Payback = initial outlay / savings per year = 160000 / 80000 = 2 years

So it takes 2 years to recover the initial outlay.

Hope that helps.

7 0
4 years ago
Which of the following factors would be most likely to lead to an increase in interest rates in the economy? a. Households reduc
Xelga [282]

Answer:

C. Most businesses decide to modernize and expand their manufacturing capacity, and to install new equipments to reduce labor cost

Explanation:

Interest rate is the cost attached to borrowed money. It is also the return for the risk of lending.

Businesses borrow to make profit in the future. They also borrow to finance the purchase of equipments. The interest on these loan is what stimulate the economy which encourages people to borrow, lend and spend.

When businesses continue to expand their production capacity and also install new equipment, such will lead to an increase in interest rate in the economy because most industries often times raise credit to finance assets purchase. An increase in demand for money raises interest rate and vice versa.

Other causes of high interest rate in an economy are;

- Inflation, which is the consistent rise in the prices of goods and services as a result of too much money in circulation. The higher the rate of inflation, the higher the interest rate.

-Government, through central bank, issuing directives on the effect of monetary policy on interest rate. This is done through open market operation.

When there is lower interest rate in the economy, amount paid as interest by consumers will be less hence have money to spend. This will also affect business as they will be able to buy equipments and produce more with cheap funds.

5 0
3 years ago
Other questions:
  • Trans Globe Airlines has recently looked into a merger with Royal Blue Airlines, a financially troubled rival. The firms believe
    6·1 answer
  • Lawrence is a climatologist and was asked to participate in an informal group presentation with other scientists in which a mode
    5·1 answer
  • Sdfghjgfdsdfghyuytrewqaswerty
    14·2 answers
  • Bob is willing to pay $65 for a new pair of shoes. bill is willing to pay $50 for the same shoes. the shoes have a price of $45.
    9·1 answer
  • Skymont Company wants an ending inventory each month equal to 30% of that month's cost of goods sold. Cost of goods sold for Feb
    8·1 answer
  • Wonk is a unique furniture company that design, builds, and retails in Brooklyn, NY. You can customize your design with creative
    14·1 answer
  • 9. Search costs are
    9·1 answer
  • Learning Task 1. Provide what is asked. Write your answer on
    7·1 answer
  • Most businesses in the united states are concidered what type of entity
    13·1 answer
  • Please help, test due now
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!