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Answer:
Your answer would be FALSE
Explanation:
The reason why your answer would be FALSE is because Insurance underwriters are NOT the ones that sell insurance to customers. The person that sells insurance to people are Insurance Agents.
What an insurance underwriter does is decide which types of insurance a company should have and which types of insurances the company shouldn't have. They're specifically not the ones that you call or see when you get insurance.
For example, when you call an insurance company, the person that picks up the phone is an Insurance Agent for the company. Insurance underwriters don't necessarily deal with customers because that is not their job task.
Answer:
Explanation:
Since in the question the shares are repurchased which impact the accounting equation in a negative manner
Accounting equation would be
Total assets = Total liabilities + Stockholder equity
The assets are decreased as it reduces the balance of cash account as well as it reduced the stockholder equity also by the same amount
The more firms get from obligation as opposed to issuing stocks, the more it can diminish the aggregate cost of capital in light of the fact that the enthusiasm from obligation is duty deductible which will help reduce the aggregate cost of capital. In any case, no firm can get from obligation everlastingly in light of the fact that, at one point in time, extra obligation financing will make the aggregate cost of capital increment rather than decline. So firms will get in view of their own enhanced capital structure to limit the aggregate cost of capital however much as could reasonably be expected. Also, in light of this upgraded capital structure, there is a point of confinement to how much a firm can keep getting from obligation.
Answer:
Designs by Candice
Her costs include:
Costs of materials, labor, overheads.
Then in charging her customers she would include the profit target of $7,623 (representing 11% of her capital investment).
Explanation:
As a graphic design studio, Design by Candice would buy stationery and design materials, including 3D printers and other software. Candice would also incur labor costs on those doing the design proper. There are also manufacturing overheads, including rent, utilities, etc. and not to forget other indirect costs like selling and marketing and administrative expenses.
Answer:
C) breaks even.
Explanation:
Cost-volume-profit analysis is also known as the break even analysis, it is an important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be earned is. It is used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.
Hence, if revenues are greater than total variable costs of production but less than total costs, a firm breaks even because the amount of money being generated is greater than the cost of running the business.
