Answer:
Explanation:
1. c. Return on total assets checked
d. Total asset turnover checked
2) b. Debt ratio
3) d. Working capital
4) c. Accounts receivable turnover checked
Answer:
It is very simple, if your house burns down, the evidence is there. All you need to do it look at a house that burnt down either completely or partially, but its easy to verify.
On the other hand, if you report that a necklace was stolen, it is really difficult to verify. Unless it is a unique jewel that is worth a ton of money, you could have simply given it away as a gift and then report it as stolen. The opportunities for insurance fraud are many when dealing with jewelry or other valuable objects that can be moved around easily.
The second question about different grants of authority refer to the organizational structure of a company. E.g. a salesperson in Best Buy is able to sell any item or items to regular customers. But sometimes a large order comes and the company must decide whether to discount the price or not, and then management kicks in and decides. The same happens to insurance agents. A company decides that some agents deal with policies that involve X amount of risk. If the level of risk is higher, they must work with other agents that are authorized to deal with high risk policies. It is basically a clearance level where employees are authorized up to this amount, and above that amount, other employees must be involved.
Answer:
Option C
Explanation:
C. There is a high degree of social consensus
Answer:
b. the marginal benefit of the sixth banana exceeds its price.
Explanation:
Consumer consumes a commodity only until: that commodity consumption yields him/ her more or at least equal satisfaction than the - dissatisfaction from loosing money (price) spent at that commodity.
Marginal Benefit is in terms of Marginal Utility i.e Additional Satisfaction that consumer gains from consuming an additional unit of a commodity.
So, Christine will purchase 6th Banana only if additional satisfaction from that additional banana's consumption > dissatisfaction owing to price cost paid for it.
If Marginal Value < Price, its satisfactory loss making for her & she will rather reduce banana consumption. Average & Total Values are not apt tools to analyse the case.
Answer:
1.15
Explanation:
The computation of the price in 2005 dollars is shown below:
= Price in 1979 × (CPI in 2005) ÷ (CPI in 1979)
= $0.43 × (100) ÷ (37.4)
= (43) ÷ (37.4)
= 1.1497 or 1.15
Simply we do the proportion based on the CPI in 2005 and Price in 1979 and then divide it by the CPI in 1979. Based on the given information, the price in 2005 dollars is 1.15
