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2 years ago

Boards and commissions, such as the ________ for example, are in charge of overseeing specific industries.

1 answer:

5 0

Independent Regulatory Boards and Commissions, Government organizations that direct different businesses, businesses or financial segments. They are shaped and concurred by power by Congress to control a particular industry, and there are 38 of these offices some of which includes the FCC and the FAA

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If you are in a car accident cause by someone else who also has insurance, which type of insurance plan will not require you to

max2010maxim [7]

If you are in a car accident cause by someone else who also has insurance, the type of insurance plan that will not require you to pay out of pocket costs is liability insurance. If the car accident was not your fault and the person who caused the accident is also insured the claim should be paid by him under his coverage and your pocket will be safe as well as your insurance will not be affected.

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3 years ago

Someone who likes building, designing, or creating things probably has a(n)

Afina-wow [57]

It is an architect because they love to build things and create things as well <span />

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3 years ago

Read 2 more answers

You are considering two mutually exclusive projects. Project A costs $3.6 million, has a required return of 14.5 percent, and an

sp2606 [1]

Answer:

Neither

Explanation:

The internal rate of return is a capital budgeting method that is used to determine the profitability of a project.

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

The decision rule when using the internal rate of return is to undertake the project if the internal rate of return is greater than the required return of the project. If this is not met, the project should be rejected.

If choosing between multiple projects, the decision rule is to choose the projects with the highest internal rate of return. This is because that project would be the most profitable.

Neither of the project should be selected because the IRR of both projects is less than their required returns

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2 years ago

Which products are considered "covered products" by the Treasury Department and are subject to anti-money regulations?

AURORKA [14]

Answer:

B) C and D

C. Whole life insurance
D. Annuities

Explanation:

Anti-Money Laundering (AML) regulations identified the following insurance products as covered products:

Permanent life insurance policy, other than a group and term life insurance policy
An annuity contract, other than a group annuity contract
Any other insurance product with features of cash value or investment.

The AML's main goal is detect and stop terrorist financing.

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3 years ago

Chromatics, Inc., produces novelty nail polishes. Each bottle sells for 3.60. Variable unit costs are as follows:

devlian [24]

Answer:

Margin of safety= 9,000 units

Explanation:

Giving the following information:

Each bottle sells for 3.60.

Variable unit costs are as follows:

Acrylic base- .75

Pigments- .38

Other ingredients- .35

Bottle, packing material- 1.15

Selling commission- .25

Fixed overhead costs are 12000 per year. Fixed selling and administrative costs are 6720 per year. Chromatics sold 35000 bottles last year.

First, we need to calculate the variable cost per unit and total fixed costs:

Unitary variable cost= 0.75 + 0.38 + 0.35 + 1.15 + 0.25= $2.88

Total fixed costs= fixed overhead + fixed selling and administrative= 12,000 + 6,720= 18,720

Now, we can calculate the break-even point in units:

Break-even point= fixed costs/ contribution margin

Break-even point= 18,720 / (3.6 - 2.88)= 26,000 units

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

Margin of safety ratio= 35,000 - 26,000= 9,000 units

8 0

2 years ago