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natali 33 [55]
3 years ago
10

What common business mistake can cost you everything?

Business
2 answers:
disa [49]3 years ago
8 0

Answer:

Failure to buy adequate business insurance

Explanation:

velikii [3]3 years ago
5 0
<h3>Hello there!</h3>

Your question asks what is the common business mistake that can cost you everything.

<h3>Answer: Failure to buy adequate business insurance</h3>

The reason why "Failure to buy adequate business insurance" is the correct answer because anything can happen in a business, and if you don't have coverage for it, then you could lose the business and everything with it.

Owning and/or running a business is very time consuming and rough, and if you don't have the right coverage for the business, everything can go down the wrong path. From losing the building, to getting sued, a business could get shut down easily without insurance.

There are many different types of coverages/premiums that business owners could get for there business.

Coverages/Premiums:

  • Liability
  • Property Insurance
  • Compensation for workers
  • Etc.

Liability is a very important premium for a business, due to the fact that anyone in the business could cause some sort of damage to their or other's property. Therefore, they need coverage in order to be able to pay for those damages. If a business doesn't have this insurance, and someone damages something from someone else or their own, then that will be a huge financial cost for the business, and could possibly shut them down.

Property insurance is also another important thing for a business to have. This is important because you don't know if the property could one day burn down to the ground, and you would need insurance to cover those expenses. If you don't have this insurance, and something happens to the property, you could lose part of or the whole property, and that will cause a fortune for the business, maybe causing the business to shut down.

Compensation for workers is especially a very important premium for a business, since there might be a chance someone could get hurt while at work. If someone gets hurt at work, and you don't have insurance to cover their injuries, then they could sue the business for a lot of money due to the fact that they got hurt on the job, and it would be hard for the business to use their well-owned money to pay someone's hospital bill, and hospital bills are expensive, therefore it could lead the business to shutting down.

<h3>I hope this helps!</h3><h3>Best regards,</h3><h3>MasterInvestor</h3>
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Answer:

a. $24,000

Explanation:

60,000 fixed cost which, are allocated in the base of expected copies:

total expected copies: 600,000 + 400,000 = 1,000,000

Copy Center 2 represent 400,000 / 1,000,000 = 40% of the total copies volume for the period

Therefore from the 60,000 fixed cost the 40% was applied.

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3 years ago
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<h3>What an environment</h3>

An environment includes everything that makes up the earth. This include people, animals, plant, economy, business, culture etc. They all have a role to play in the day to day activities and how an individual act and react.

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5 0
2 years ago
Fundamental analysis shows that stock in Cedar Valley Furniture Corporation has a price that exceeds its present value. Group of
barxatty [35]

Answer:

The correct option is :

This stock is overvalued; you shouldn't consider adding it to your portfolio.

Explanation:

The stocks that are in cedar valley corporation has a price that exceedes its present value from this statement the first given option doesn't justify as the stocks rates are not undervalued.

Now, in the second option its again given that the stock will be overvalued which is true but it should be added to the portfolio is not correct. so, this option is not considered.

In the third option it mentions that stock is overvalued which is the correct option and also that it shouldn't be added in portfolio.

And the last one states that its undervalued which restricts the option at this point only.

So, third option is correct.

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3 years ago
The next dividend payment by Savitz, Inc., will be $2.34 per share. The dividends are anticipated to maintain a growth rate of 4
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Answer:

a. 10.8%

b. 6.32%

c. 4.5%

Explanation:

a. Required return= (Expected dividend payment/current stock price) + dividend growth rate

Required return= (2.34/37)+0.045

Required return= 0.108  ⇒ 10.8%

b. Dividend yield= dividend per share / price per share

Dividend yield= 2.34/37= 0.0632 ⇒ 6.32%

c. The capital gains yield refers to the rise in the price of the stock. In this case, the statement indicates that the dividends are anticipated to maintain a growth rate of 4.5 percent forever and according to the definition of capital gains yield that would be the answer for the expected capital gains yield.

3 0
3 years ago
ohn joined the military during his senior year in high school with a deferred reporting date. He heard about jobs within the mil
nirvana33 [79]

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This is the same for the military. When they send recruits to boot camps, they are doing their version of employee orientation because the recruit will learn what Uncle Sam expects from them and how they are to accomplish these tasks.

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