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
arlik [135]
3 years ago
7

Explain how people manage financial risk through transfer.

Business
1 answer:
Alex Ar [27]3 years ago
3 0

There is always risk of fraudulent behaviors.

Hope this helped! :)

You might be interested in
The Digby Company has just purchased $40,900,000 of plant and equipment that has an estimated useful life of 15 years. The expec
Igoryamba

Answer:

$4,908,000

Explanation:

The computation of accumulated depreciation expense for this purchase is shown below:-

Depreciation expense = ((Cost of machine - Salvage) ÷ Estimated useful life of machine)

= (($40,900,000 - $4,090,000) ÷ 15) × 2

= $36,810,000 ÷ 15 × 2

= $4,908,000

Therefore for computing the depreciation expense we simply applied the above formula.

6 0
3 years ago
The following transactions occurred during May, the first month of operations for Hunter Products, Incorporated: Issued 50,000 s
NemiM [27]

Answer:

$247,000

Explanation:

Calculation to determine the total of Hunter Products' liabilities at the end of May

Total of Hunter Products' liabilities=(400,000-150,000) - 60,000 + 63,000

Total of Hunter Products' liabilities=250,000 - 60,000 + 63,000

Total of Hunter Products' liabilities=$247,000

Therefore the total of Hunter Products' liabilities at the end of May will be $247,000

8 0
2 years ago
Identify the detective control below.
Darina [25.2K]

Answer:

Reconciling the bank statement to the cash control account.

Explanation:

The reason is that the detective approach is the one which helps in identification of the errors in recording the facts and figure in a control system is the detective control. In this case, bank reconciliation helps in accessing the errors and entries that are not recorded in the books of accounts hence it is a detective control.

7 0
3 years ago
Is rental income <br> a. Investment <br> b. Cash
barxatty [35]

Answer:

Investment, you buy a property to rent in hope to make your money back over time.  So it would be considered an investment

Explanation:

4 0
3 years ago
Read 2 more answers
You recently purchased a stock that is expected to earn 22 percent in a booming economy, 11 percent in a normal economy, and los
UkoKoshka [18]

Answer:

Return on stock will be 12.65%

So option (c) will be the correct option

Explanation:

We have given expected return in booming economy = 22 %

Expected return in normal economy = 11 %

Expected return in recessionary economy = 4%

Probability of boom = 24% = 0.24

probability of normal economy = 67%=0.67

Probability of recession = 9 % =0.09

So  Expected return on stock = (Return in boom economy x Probability of boom economy) + (Return in normal economy x Probability of normal economy) +(Return in recessionary economy x Probability of recessionary economy)

Expected return on stock = (0.22 x 0.24) + (0.11 x 0.67) + (-0.04 x 0.09)

= 0.0528 + 0.0737 = 0.1265 = 12.6%

So option (c) will be the correct option

3 0
3 years ago
Other questions:
  • What does it mean for a credit to transfer
    14·2 answers
  • g: have an annual coupon rate of 8 percent and a par value of $1,000 and will mature in 20 years. If you require a 7 percent ret
    9·1 answer
  • A 6% pay increase to your current $62,900 annual salary. "thanks, i look forward to the additional __________ per month."
    9·1 answer
  • Dean, the president of Billing &amp; Credit Company, promises to pay his employee Ewing, who is dangerously obese, $10 for every
    5·1 answer
  • Scott says, Weve gotten better because weve brought in more brain power, more creativity, and weve allowed people to use it, ind
    6·1 answer
  • Fred is starting a software writing company. He is the owner and has only three employees. He wants a simple, inexpensive form o
    11·1 answer
  • What is the minimum value of the box-and-whisker plot?
    14·1 answer
  • Which of the following is NOT one of the five groups in the diffusion of innovation curve
    6·1 answer
  • Calculate the interest for a loan of $10,000 with an interest
    9·1 answer
  • Lunker Lures makes ten different models of fishing lures. All ten models are completely crafted by hand using the same basic mat
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!