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SOVA2 [1]
3 years ago
12

Beck Inc. and Bryant Inc. have the following operating data:__________.

Business
1 answer:
DiKsa [7]3 years ago
7 0

Answer:

a. Beck Inc. = 5.00  and Bryant Inc. = 2.50

b. Beck Inc. =  $100,000 and 100%  : Bryant Inc. =  $150,000 and 50 %

c. True.

Explanation:

Degree of Operating Leverage shows,  the times Earnings Before Interest and Tax (EBIT) would change as a result of a change in Sales contribution.

Degree of Operating Leverage = Contribution ÷ EBIT

Thus,

Beck Inc = $500,000 ÷ $100,000

              = 5.00

Bryant Inc. = $750,000 ÷ $300,000

                 = 2.50

<em>If Sales increased by 20% the effects on Incomes would be :</em>

Beck Inc = 20% × 5.00

              = 100%

              = $100,000 × 100%

              = $100,000

Bryant Inc.=  20% × 2.50

              =  50 %

              =  $300,000 × 50 %

              =  $150,000

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Final Exam Review Explain the Risk Management Process (4 tasks) and explain the 4 ways to respond to risk and provide an example
alex41 [277]

Identification, evaluation, and control of financial, legal, strategic, and security threats to an organization's assets and profits are done through risk management.

<h3>What is the risk management process?</h3>

A strategy for evaluating risks and opportunities, how they could impact a project or organization, and how to deal with them is known as the risk management process.

The 4 essential steps of the Risk Management Process are:

Identify the risk: Finding all the occurrences that could potentially have a negative (risk) or good (opportunity) impact on the project's goals is the first stage in the risk management process.

Assess the risk: Assessments of risk and opportunity might be qualitative or quantitative. Based on the likelihood and significance of the event, a qualitative assessment examines the level of criticality. In a quantitative analysis, the event's financial impact or benefit are examined.

Risk treatment: An organization must first prepare a treatment plan that details its strategy for managing hazards. The goal of the risk treatment strategy is to lessen the likelihood that the risk will materialize (preventive action) and/or to lessen the impact of the risk (mitigation action). The goal of a treatment plan for an opportunity is to boost the chance that it will materialize and/or to boost its advantages. A response strategy is established for the project based on the type of risk or opportunity.

Monitor and Report on the risk: It is important to monitor and report on risks, opportunities, and their management strategies. The severity of the risk or opportunity will determine how frequently this occurs. Creating a monitoring and reporting framework will guarantee that the right venues for escalation exist and that the right risk responses are being implemented.

<h3>What are the four ways to respond to risk?</h3>

Risk reduction

This method typically entails creating a different plan of action with a higher chance of success but a larger price tag.

A project team can minimize the danger of working with a new supplier whose reliability is unknown by selecting a supplier with a track record instead of a new provider who provides considerable price incentives.

Accepting and sharing risks

This strategy entails taking the risk and working with others to share accountability for risky behaviors.

By creating a joint venture with a business established in a particular country, for instance, many companies working on foreign projects will lower the political, legal, and employment risks connected with overseas ventures.

Risk mitigation

Risk mitigation entails making an investment to lower the risk associated with a project.

For instance, businesses frequently purchase a fixed exchange rate while working on overseas projects to lessen the risk posed by exchange rate swings.

Risk transfer

Risk transfer is a risk management technique that transfers project risk to a third party.

The purchase of insurance is a well-known example of risk transfer. The insurance provider assumes the risk instead of the project.

Learn more about risk management here:

brainly.com/question/4680937

#SPJ4

3 0
1 year ago
Automobile repair costs continue to rise with the average cost now at $367 per repair.† Assume that the cost for an automobile r
vovikov84 [41]

Answer:

a)  0.1728

b)  0.09183

c) 0.7354

d) $ 222.25

Explanation:

Given

mean = \mu = $367

Standard deviation = \sigma =$88

Cost of automobile repair is normally distributed.

a) We have to find P( x > 450 )

P( x > 450 ) = 1 - P( x <= 450 )

Using excel function,   P( x <= x ) = NORMDIST (x,  \mu, \sigma, 1 )

P( x > 450 )   = 1 - NORMDIST( 450 , 367, 88, 1 )

= 1 - 0.8272 = 0.1728

P( x > 450 ) = 0.1728

b)  P( x < 250 ) = NORMDIST( 250 , 367, 88, 1 ) = 0.09183

P( x < 250 ) = 0.09183

c) P( 250 < x < 450 ) = P( x <450 ) - P( x < 250 )

P( x <450 ) = NORMDIST( 450 , 367, 88, 1 ) = 0.8272

P( x < 250 ) = NORMDIST( 250 , 367, 88, 1 ) = 0.09183

P( 250 < x < 450 ) = 0.8272 - 0.09183 = 0.7354

P( 250 < x < 450 ) = 0.7354

d) We have P( X < a ) = 0.05

We have to find a.

Using Excel, = NORMINV ( Probability, \mu, \sigma )

a = NORMINV ( 0.05 , 367, 88 ) = 222.2529

Cost = $ 222.25

8 0
3 years ago
The table below shows the expenditure components for the United States in 2015. Expenditures in the United States Expenditure Co
AlladinOne [14]

Answer:

a. $12,332.2 billion

b. $3218.9  billion

c. $3093.5 billion

d.  $18120.5 billion

Explanation:

a. The value of Consumption Expenditure = Sum of consumption expenditure on all goods and services

= $1,367.1 billion + $2,666 billion + $8,299.1 billion

= $12,332.2 billion

b. The value of Government Expenditure = Sum of expenditure by federal Government and State & Local government

= $1224.0 billion + $1994.9 billion

= $3218.9  billion

c. Gross Investment = Sum of investment and inventories

=Non-residential fixed investment +  Residential fixed investment + Change in private inventories

= $2336.2 billion + $645.4 billion + $111.9 billion

= $3093.5 billion

d. Nominal GDP = C + I + G + (X-M)

= $12332.2 billion + $3093.5 billion + $3218.9 billion + ($2264.9 billion - $2789 billion)

= $18120.5 billion

8 0
3 years ago
Suppose that the price of a money clip increases from $0.75 to $0.90 and quantity supplied rises from 8,000 units to 10,000 unit
Sloan [31]

Answer:

The price elasticity of supply is 1.22

Explanation:

Please refer to the attached file

8 0
3 years ago
When Sandra and Charles Givens were divorced, the court ordered a division of property and awarded Sandra $65,000. The award was
taurus [48]

Answer:

Yes, it is a binding contract.

Explanation:

A contract is a legal binding agreement between two or more parties at the court of law. The agreement could be in terms of money, services, right or duties between the parties involved.

Since a consent has been reached between the two parties before the judge, Charles would pay the sum in the stipulated manner. The acceptance of the offer of payment by Sandra made it a binding contract for Charles, so he is bound by this service until he pays the full amount to Sandra.

3 0
3 years ago
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