Answer:
option (c) $875 per year
Explanation:
Given;
Average cost of collision claims for careful drivers = $500 per year
Average cost of collision claims for for poor drivers = $3000 per year
Poor drivers known by the company = 15%
thus,
Careful drivers = (100% - 15%) = 85%
Therefore,
Insurance company's breakeven price for the collision insurance
= (Poor drivers known × Average cost of collision for poor drivers ) +( Careful drivers × Average cost of collision claims for careful drivers)
= 0.15 × $3000 + 0.85 × $500
= $450 + $425
= $875 per year
Hence, the correct answer is option (c) $875 per year
Answer:
The correct answer is 'C'
Explanation:
The quantity demanded of physicals increases, and the quantity supplied of physicals decreases.
Answer:
Cost of goods manufactured
Explanation:
Cost of goods manufactured are reported on the face of income statement because it's a critical factor in arriving at the profit or loss position at the end of a period. Cost of goods manufactured takes cognizance of the material costs, labour and overhead costs involved in production. This determines the overall financial status of a company, and allow a decision maker to know if the business is doing good or not.
A significant international corporation with its headquarters in Switzerland is Nestle Bangladesh Ltd. The biggest food and beverage corporation in the world is Nestle.
What is Nestle, a swiss company:
The goal of Nestle is to raise standards of living and encourage a healthy future. They aim to contribute to creating a more favorable and healthy world. Nestle also hopes to motivate others to lead better lifestyles. This is how they give back to society and maintain the long-term prosperity of their business.
Yes, because the company is listed in Switzerland, Swiss company law applies to it. We publish our consolidated accounts in Swiss francs (CHF), have our corporate headquarters in Vevey, Switzerland, and approximately one-third of our shareholders are Swiss.
As a worldwide successful business, we are still devoted to Switzerland. Nestle invests billions of dollars in operations as well as in R&D in Switzerland and produces thousands of jobs there. We also purchase millions of francs' worth of raw materials from Swiss farmers. By market capitalization, Nestle was the biggest company in Switzerland as of November 15, 2022, with a market valuation of over 319 billion dollars. The biggest food corporation in the world was established in Switzerland in 1866 and is called Nestle SA.
Learn more about Nestle, a swiss company:
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