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
Zinaida [17]
4 years ago
9

What is insurance? ANSWER PLSSS

Business
1 answer:
MissTica4 years ago
6 0

Answer:

What is insurance? A: Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier or underwriter.

You might be interested in
The marginal social benefit received from pollution is equal to its marginal social cost in the market for highly polished glass
Natasha_Volkova [10]

Answer:

. firms in the market produce the socially optimal level of pollution

Explanation:

Externality is when the activities of economic agents affect third parties not involved in production or consumption.

Negative externality is when the marginal social cost is greater than the marginal social benefit. In this case, firms in the market produce too much pollution and society's well-being can be improved if the quantity of pollution decreases.

Postive externality is when the marginal social benefit is greater than the marginal social cost. In this case, firms in the market produce too little pollution. 

I hope my answer helps you

4 0
4 years ago
Read 2 more answers
Jewelry Company has a sales budget for next month of $450,000. Cost of goods sold is expected to be 45 percent of sales. All goo
lukranit [14]

Answer:

The cost of goods sold for next month is expected to be $202,500

Explanation:

Given that,

Sales budget = $450,000

Cost of Good sold = 45% of sales

Opening inventory = $20,000

Ending inventory = $24,000

Beginning accounts payable = $206,500

Since, in the given question, it is mentioned that the cost of good sold is 45% of sales.

So,

Cost of Goods Sold (COGS) = 0.45 × $450,000

                                              = $202,500

Hence, the cost of goods sold for next month is expected to be $202,500

Note: we don't considered other things which is mentioned in the question.

7 0
3 years ago
Suppose your firm just issued a 20-year, $1000 par value bond with semiannual coupons. The coupon interest rate is 9%. The bonds
sergiy2304 [10]

Answer:

<em>4.78%</em>

Explanation:

<em>From the question given, we solve the issue</em>

<em>the calculation of he bond price is:</em>

<em>Price of bond = per value * (1- flotation cost)</em>

<em>$1000 *  (1- 0.05)</em>

<em>= $950</em>

<em>For the calculation of semi-annual coupon payments, </em>

<em>Semi -annual coupon payment  = Par value * Interest/2</em>

<em> $1000 * 0.09/2 = $45</em>

<em>Calculation of semi- annual yield to maturity</em>

<em>Let recall the following</em>

<em>YTM = yield to maturity</em>

<em>C = The semi-annual coupon payment</em>

<em>FV= Face value or par value </em>

<em>PV= Price of a bond </em>

<em>n = Maturity years of the bond </em>

<em>Therefore,</em>

<em> YTM= C + FV - PV/n/ FV + PV/2</em>

<em>which is</em>

<em>$45 + $1000 - $950/40/$1000 + $950 / 2 = 4.78%</em>

4 0
3 years ago
On average, someone with a Bachelor's degree is estimated to earn ____ times more than someone with a high school diploma.
Alex

Answering the question, someone with a bachelor’s degree earns <u>1.6</u> times more than someone with a high school diploma

The figures analyzed by the US Department of Education’s National Center for Education every two years show that someone with a bachelor’s degree earn more than a person that possess a high school diploma.

<h2>Further Explanation</h2>

The NCES analysis in 2015, shows that adults with bachelor’s degree <u>$48,000</u> in a year while those with high school diploma earns <u>$23,900</u> yearly.

This analysis also shows that in the last 20 years the salary of someone with a bachelor’s degree has significantly increased while the salary of those with a high school diploma has also reduced significantly.

<u>A bachelor’s degree</u> is an undergraduate degree that is offered by four-year schools such as public, private, online colleges or universities.

Anyone that has a bachelor’s degree clearly shows they have fully and dully completed a general education in a certain major. To earn a bachelor’s degree, you must have fully completed 120 or 128 credit hours

On the other hand, a person will be awarded <u>a high school diploma</u> after graduation from high school. The certificate is mainly awarded by school and it is based on government rules or requirements. The high school diploma is an academic school leaving certificate.

LEARN MORE:

  • difference between 1st bachelor degree and 2nd bachelor degree brainly.com/question/5709442
  • Bachelor's degree brainly.com/question/2725985

KEYWORDS:

  • earn
  • salary
  • education
  • high school diploma
  • bachelor's degree
5 0
3 years ago
Read 2 more answers
PB2.
olga55 [171]

Answer:

The contribution margin per unit for the 18-inch blade.

Break even in units = Fixed cost/Contribution per unit

                                = 85,000/11 (15-4)

                                = 7,728 unit (round off)

The contribution margin ratio of the 18-inch blade.

Total contribution margin (CM) is calculated by subtracting total variable costs TVC from total sales TSP. Contribution margin per unit equals sales price per unit SP minus variable costs per unit VC . It is used in calculating a break even point of a business. Contribution margin ratio tells us how much contribution towards fixed cost is generate by selling a unit.

CM ratio = $ 11/ $ 15 *100= 73.33%

(Variable cost = 15 -4 = 11 )

Contribution margin income statement for the month of January.

Sales                              $ 180,000

Variable cost                 ($ 48,000)

Gross profit                    $ 132,000

Fixed Cost                      ($ 85,000)

Net Profit                         $ 47,000

        

5 0
3 years ago
Other questions:
  • Burns Industries currently manufactures and sells 23,000 power saws per month, although it has the capacity to produce 38,000 un
    8·1 answer
  • One end item A requires three component parts: B, C, and D. The bill of material indicates that for each completed A, 3 units of
    5·1 answer
  • It is rare that client-side marketing researchers who are planning to conduct research on behalf of their own companies are requ
    13·1 answer
  • Pine Street Inc. makes unfinished bookcases that it sells for $58.10. Production costs are $37.49 variable and $10.50 fixed. Bec
    6·1 answer
  • Last year, Sams swimming pool cleaning had a gross profit of $105,355 and net income of $72,010. Calculate sams operating expens
    9·1 answer
  • Write out 2 hundred thirty thousands dollars
    10·2 answers
  • A system used to record, classify, summarize and report the financial position of a business is known as which of the following?
    12·1 answer
  • Assume real per capita GDP in West Springfield is $8,000 while in East Quippanova it is $2,000. The annual growth rate in West S
    8·1 answer
  • What happens if you make a mistake on your tax return?.
    15·1 answer
  • Diagnostic perfomance measures can be defined as being...
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!