Answer:
The benefit cost ratio is 1.564
Explanation:
The benefit-cost ratio is the ratio of the present value of benefits to the present value of costs. It is thus calculated as follows.
Benefit-cost ratio = Present value of benefits / Present value of costs
Present value of costs = $20,000 + $2,500 (P/A, 10%, 10 years)
= $20,000 + $15,361
= $35,361
Present value of benefits = $9,000 (P/A, 10%, 10 years)
= $9,000 x 6.145
= $55,305
Benefit-cost ratio = $55,305 / $35,361
= 1.564
Answer:
C. conservatism
Explanation:
The lower of cost or market basis of valuing inventories is an example of conservatism. This term refers to trying to anticipate possible future losses, instead of gains and making certain decisions in order to limit those losses. Which some decisions may include lowering costs and/or prices in order to sell more and cover those potential losses.
Answer:
(B) Advice the production and purchasing department to produce or order smaller quantities of products.
Explanation:
According to my research on basic economics and business owning I can say that the best thing for Georgia to do in this situation in order to help her company become more value driven is to Advice the production and purchasing department to produce or order smaller quantities of products. This is because since product is not selling fast enough they should sell what they already have before producing more, otherwise they will be wasting money on products which will eventually cause them to be overflowing stock. Thus losing money.
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I personally don't like them AT all
<h3>Hello there!</h3>
Your question asks how much you would be paying for insurance with the information given.
<h3>Answer: $300</h3>
The reason why your answer would be $300 is because that's the premium that you would be paying for. The "premium" means the amount you're paying for coverage. The premium could have different coverages that make up the price. The insurance would cover the liabilities that you might have.
People tend to get confused with deductibles. You don't pay monthly for deductibles. Deductibles are a payment that someone needs to pay before an insurance company starts paying for your needs that your coverage provides. For example, if I brake a bone, I would first pay the $500 deductible before the Insurance company starts covering my costs. This is the ensure that the insurance company gets some type of money before they start helping you.
<h3>I hope this helped you out!</h3>
