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3 years ago

11

jillian wishes to purchase an all-inclusive insurance policy for her new car. If an insurance company quotes her a price of $100

per month, she should

1 answer:

DerKrebs [107]3 years ago

6 0

Ask what <u>coverage </u>is included for $100.

A low cost policy may not be an all-inclusive policy- you always have to look at the details.

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Which career uses information technology?

Phoenix [80]

Answer:

computer programmers

computer system Analysts

database administrators

network and computer systems administrators

7 0

3 years ago

"Columbia Corp.'s required ROI is 10%. Its West Division has revenues of $6,000,000, asset turnover of 1, and ROI of 10%. Calcul

rosijanka [135]

Answer: $600,000

Explanation:

From the question, we are informed that Columbia Corp.'s required return on investment is 10%. Its West Division has revenues of $6,000,000, asset turnover of 1, and ROI of 10%. The the West Division's operating income goes thus:

Revenue= $6,000,000

Asset turnover = 1

It should be noted that assets turnover is calculated as revenue divided by total assets. This will be:

1 = 6,000,000/total asset

Total asset = 6,000,000/1

= 6,000,000

Since return on investment is 10%,

ROI = Operating income/total assets

10% = operating income/6,000,000

0.1 = operating income/6,000,000

Operating income= 6,000,000 × 0.1

Operating Income= $600,000

7 0

3 years ago

On July 1, 2013, a Japanese company enters into a forward contract to buy $1 million with yen on January 1, 2014. On September 1

Sav [38]

Answer:

Profit (loss) from the contract = (FER2 - FER1) million yen

Explanation:

Let FER1 represents the forward exchange rates for the contracts entered into by the company on July 1, 2013, and let FER2 represents the forward exchange rates for the contracts entered into by the company on September 1, 2013.

Also, let SPOT represents the spot rate on January 1, 2014.

Since all exchange rates are measured as yen per dollar, we therefore have:

First contract profit = (SPOT - FER1) million yen

Second contract profit = (FER2 - SPOT) million yen

Profit (loss) from the contract = First contract profit + Second contract profit

Removing the million yen first and later add to the final answer, we have:

Profit (loss) from the contract = (SPOT - FER1) + (FER2 - SPOT)

Profit (loss) from the contract = SPOT - FER1 + FER2 - SPOT

Profit (loss) from the contract = (FER2 - FER1) million yen

Therefore, the profit or loss the company will make in dollars as a function of the forward exchange rates on July 1, 2013 and September 1, 2013 is Profit (loss) from the contract = (FER2 - FER1) million yen.

4 0

3 years ago

On December 31, 2013, Stable Company sold a piece of equipment that was purchased on January 1, 2008. The equipment originally c

LiRa [457]

Answer:

The company should recognize a gain on disposal of $29500

Explanation:

The straight line depreciation method charges a constant depreciation expense per year through out the estimated useful life of the asset.

The straight line depreciation expense per year is,

(Cost - salvage value) / estimated useful life

Depreciation expense = (910000 - 0) / 8 = $113750

The number of years till 31 December 2013 = 6 years

The accumulated depreciation till December 31, 2013 = 113750 * 6 = $682500

The carrying value of the asset at 31 December 2013 = 910000 - 682500 = $227500

The gain/loss on sale = 257000 - 227500 = $29500 gain

6 0

3 years ago

If members of a project team report formally to a functional manager (not directly to the project manager) what type of organiza

m_a_m_a [10]

Answer:

Matrix organization

Explanation:

Hope this was helpful! Have a good day

7 0

3 years ago