Yes, Jerry is likely to qualify, since his yearly income is below the median annual income of New Mexico.
Answer:
A title search is done to insure that there are no leans are owed on the property. Its to insure that the property is clean of any debt.
The available options are:
A) we see countries specializing completely in the production of automobiles.
B) the quality of imported automobiles is less than it could be.
C) different countries may each have a comparative advantage in producing different types of automobiles.
D) consumers of automobiles have difficulty deciding what type of imported automobile to buy.
Answer:
C) different countries may each have a comparative advantage in producing different types of automobiles.
Explanation:
According to the principle of comparative advantage, Automobiles and many other products are differentiated. As a result of "different countries may each have a comparative advantage in producing different types of automobiles."
This is evident in the fact that some countries may have a comparative advantage to produce Trucks than cars, while some may have a comparative advantage in producing caterpillar than Trucks.
This is also similar in a variety of other products. The comparative advantage could be based on raw materials, expertise, climates, etc.
<span>Numerator (Basic EPS): Net income = $650,000; Preferred dividends =
$40,000 [(10% x $100) x 4,000]. Because
the preferred stock is cumulative, dividends are included whether or not paid</span>
Denominator (Basic EPS):
Weighted average # shares common stock outstanding
1/1 – 12/31 440,000 x (12/12) = 440,000
10/1 – 12/31 16,000 x (3/12) = 4,000
Weighted average # shares 444,000
Basic EPS = ($650,000 - $40,000) ÷ 444,000 = $1.37
The annual premium for Zack's house would be <u>cheaper</u> through <em>AAA </em>than <em>Thompson’s Insurance. </em>
<h3>How to calculate the annual premium of two companies? </h3>
AAA company is offering $0.36 per $100 of value.
Thompson company is offering $3.63 per $1,000 of value;
Hence, <u>0.363</u> is higher than 0.36, which makes <em>AAA company </em>more beneficial for insurance.
Learn more about premium calculation here:
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