Answer:
The answer is D. first-dollar insurance coverage.
Explanation:
First dollar insurance coverage is a kind of insurance policy that has no deductible or copay, where the insurance company starts covering costs on the first dollar claimed, and in which the insurer assumes payment the moment an insurable event happens.
While there is no deductible, the amount that the insurer will pay out is often lower when compared with similar plans which have a deductible, or the premiums for the first dollar plan will be higher.
Gross profits is defined as the total profit generated minus the costs of goods sold, that is, gross profit = sales - costs of goods sold.
From the question given,
Net sale = $ 100,000
Costs of goods sold = $ 70,000
Gross profit = $100,000 - $70,000 = $30,000.
Thus, the gross profit is $30,000.
Operating expenses is not directly involved in the production process that is why it is not used in the calculation of gross profit. But the operating cost will be involved in the calculation if we are asked to calculate the NET PROFIT.
The BEST way to handle the situation is to work with central warehouse to arrange a predictable delivery time. Whereas, the WORST way to handle the situation is to change the delivery system so that goods are delivered only once a month.
So, if you are the manager of a retail store, and the shipments of the products you sell arrive once a week from the central warehouse you need to pull a couple of your workers from inside the store who can unload the shipments. As the truck arrives any time in a day, this creates problem as the workers are not availabe whenever the shipment arrives.
The best way through which one can handle the situation is by working with central warehouse to get appropriate information on the delivery date and so that the workers are made available accordingly. Whereas, the worst way to handle this situation is by changing the delivery system.
Hence, options 2 and 3 are correct.
To learn more about delivery system here:
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Answer:
Casey can buy 50 pound of fish and 30 pounds of shrimp.
Explanation:
you divide 150 by 3 and you get 50. For shrimp you divide 150 by 5 and you get 30.
Answer: The answer is JOINT TENANCY
Explanation: What is joint tenancy?
This is a legal arrangement whereby two or more people jointly own a property, in this arrangement, all owners have equal rights and obligations to the property. When one of the owners die, that owner's stake in the property goes to the surviving owners without having to pass through the court, because of the right of survivorship.
So the type ownership between Sam and Bridget above is a Joint Tenancy.