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
Jlenok [28]
3 years ago
14

59. What is a contingency? a. An existing situation where certainty exists as to a gain or loss that will be resolved when one o

r more future events occur or fail to occur. b. An existing situation where uncertainty exists as to possible loss that will be resolved when one or more future events occur. c. An existing situation where uncertainty exists as to possible gain or loss that will not be resolved in the foreseeable future. d. An existing situation where uncertainty exists as to possible gain or loss that will be resolved when one or more future events occur or fail to occur.
Business
1 answer:
Vera_Pavlovna [14]3 years ago
6 0

Answer:

Correct option is D.

Explanation: A contingency is an existing situation where uncertainty exists as to possible gain or loss that will be resolved when one or more future events occur or fail to occur.

In business, a contingency plan is a plan or course of action a company would implement if an unexpected event occurs. Basically, what this means is that a company is preparing for any outcome.

You might be interested in
On february 28th of 1986, _____________ starts her first solo world tour, starpeace, planning both u.s. and european dates. due
Monica [59]
Yoko Ono is the answer
5 0
3 years ago
The ​short-run effect of consumers becoming more pessimistic will be for the
Bogdan [553]

Answer:

The correct answer is option A.

Explanation:

In case the consumers have a pessimistic tendency towards the future, they would expect the economy to face a downturn. They will, as a result, save their income and wealth for the future.  

This would cause a decline in consumer spending and the aggregate demand curve will move down to the left.  

An increase in consumer confidence, on the other hand, would cause consumer spending and aggregate demand to increase.

7 0
3 years ago
On January 1, Year 1. a company issues $100.000 of 8% bonds maturing in 10 years when the market rate of interest is 9%. The bon
Margarita [4]

Answer:

b) The company will incur a loss

Explanation:

The market rate at the time of issue = 9%, while coupon rate = 8%, it says bonds provide lesser return when compared to the market rate.  

At end of year 2 market rate drops to 6% which is lower than the Bond's coupon rate. Which means the bond's providing high return when compared to the market. So, company to retire the bonds need to pay more than the par value.

As company should retire these bonds more than par value, the company incur a loss.

Option 'B is correct

The company incur a loss

5 0
3 years ago
Resources tend to be allocated inefficiently when goods
tensa zangetsu [6.8K]

Answer:

when good are free of charge

Explanation:

8 0
3 years ago
A company's board of directors votes to declare a cash dividend of $1.00 per share of common stock. The company has 20,000 share
matrenka [14]

Answer:

$14,500

Explanation:

From the above, the below details are given;

Authorized share capital , which represent maximum number of shares that a company is allowed to issue.

Issued shares, which is the number of shares issued by a company including shares purchased and backed by a company(treasury stock).

There is also outstanding shares which is treasury stock less issued shares.

We do also know that treasury stock does not have any right of dividend because the shares are held by the company hence cannot pay dividend to itself.

Therefore, the total amount of the cash dividend is = 14,500 × $1.00

= $14,500

7 0
3 years ago
Other questions:
  • Manuel, a supervisor, is known by his managers to be sharp in his decisions and has a good track record of meeting his goals. Ma
    6·1 answer
  • What drivers for unethical behavior are evident in reviewing the actions of Bernard Madoff and the managers of the Stanford Fina
    7·1 answer
  • During the year, belyk paving co. had sales of $2,384,000. cost of goods sold, administrative and selling expenses, and deprecia
    9·1 answer
  • Which of the following might vary in on online purchase depending on where the purchaser lives?
    14·2 answers
  • 1. On a $375,000 home loan, you can either finance at 5.6% for 20 or 30 years. Find the monthly payment and the total paid over
    6·1 answer
  • Compute the asset turnover ratio using the following information: net sales is $100,000 for the year, last year's assets in plac
    9·1 answer
  • The Club Auto Parts Company has just recently been organized. It is expected to experience no growth for the next 2 years as it
    15·1 answer
  • How would you pay taxes on a earned income?
    7·1 answer
  • Match the example with the business structure that makes sense for it. To match the items, click the example, and then click the
    15·1 answer
  • 3. Do you agree with Graeter’s decision to stop franchising?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!