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3 years ago

14

When people who buy insurance change their behavior after the purchase because they are protected from loss by the insurance, t

he insurance market is said to face the problem of?

1 answer:

coldgirl [10]3 years ago

5 0

u get money back from what u brake or what is stolen that is the meaning

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Tiger, Inc., a calendar year S corporation, is owned equally by four shareholders: Ann, Becky, Chris, and David. Tiger owns inve

erik [133]

Answer: $50,000

Explanation:

To calculate David's basis in S corporation we subtract the value of the land at it's current value from his basis in S corporation stock of $270,000 on the distribution date.

We will then add his portion of the capital gain on the land because all shareholders shared it equally and as such it should increase his basis as it did theirs.

Calculating then we have,

= 270,000 - 240,000 + 20,000

= $50,000

David's basis in the S corporation becomes $50,000.

5 0

3 years ago

Medoc Company provides the following information about its single product Targeted operating income 54 comma 790 Selling price p

insens350 [35]

Answer:

Option C) Medoc Company's Break Even Point is 34,100 Units

Explanation:

Break Even point is defined as the level of activity or production at which the company's Total Sales Revenue is equal to its total expenses. In other words, Break Even Point is No Profit, No Loss Point.

Break Even Point in Units = Total Fixed Costs ÷ Contribution Per Unit

where:

Contribution per unit = Selling Price per unit - Variable Costs per Unit

<u></u>

<u>Calculations:</u>

Contribution per Unit = $6.30 - $4.55 = $1.75

Break Even Point in Units = $59,675 ÷ $1.75

Break Even Point in Units = 34,100 Units

8 0

3 years ago

Lamar has just gotten a new job and is attending a company party where he will meet his colleagues for the first time. His boss

a_sh-v [17]

Lamar's experience demonstrates retroactive interference.

<h3><u>Explanation:</u></h3>

When a person tries to recall some information that are older in nature and comes to know about some recent information it refers to Retroactive interference. For instance you may call the name of your grandmother with the name of your mom. There will be a retroactive interference with the two names.

This happens when you forget some tasks that are learnt in past because of the learning of new tasks. In the given example, Lamar only rememnbers the names of the people in the first group and remebers the profession of the last women met by him. His experience demonstrates retroactive interference.

3 0

2 years ago

Night Shades, Inc. (NSI), manufactures biotech sunglasses. The variable materials cost is $11.13 per unit, and the variable labo

dolphi86 [110]

Answer:

Part a. What is the variable cost per unit?

Variable Cost per Unit is $ 11.13+ $ 7.29 = $18.42

Part b. What are the total costs for the year?

Production for the year is 190000 units

Calculation of Total Production = Variable costs + Fixed Costs

= 190000 units × $18.42 + $875,000

=$ 4,374,800

Part c. If the selling price is $44.99 per unit, does the company break even on a cash basis?

The Company Breaks Even when

Total Sales Revenue = Total Production Costs

Total Sales Revenue = $44.99 × 190000

= $ 8,548,100

Total Sales Revenue $ 8,548,100 > Total Production Costs $ 4,374,800

Therefore Company does break even on a cash basis

Part c. If depreciation is $435,000 per year, what is the accounting break-even point?

Total Production Costs = $4,374,800+$435000

= $4,809,800

Therefore accounting break-even point is $4,809,800 Sales

Explanation:

Part a. What is the variable cost per unit?

Variable Cost are costs which Vary with the level of Activity.

Part b. What are the total costs for the year?

Calculation of Total Production Costs= Variable costs + Fixed Costs

Part c. If the selling price is $44.99 per unit, does the company break even on a cash basis?

Break-Even Point is the Point when the company neither makes a profit or a loss

Total Sales Revenue $ 8,548,100 > Total Production Costs $ 4,374,800

Therefore Company does break even on a cash basis

Part c. If depreciation is $435,000 per year, what is the accounting break-even point?

In simple terms the break even point in Sales Revenue is equal to all Variable plus fixed costs

5 0

3 years ago

explain on how the media can influence public opinion of sports personalities in both a positive and a negative way...

BabaBlast [244]

It can influence public opinion in a positive way by showing classic stories of kids who come from poor families and how it motivated them to stay in school and perhaps even go to college. It can influence public opinion in a negative way by highlighting the use of dangerous performance enhancing drugs (steroids) as well as a hyper-macho culture which has sometimes been seen to encourage bullying or sexual assault.

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3 years ago