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netineya [11]
2 years ago
13

T/F Some insurance usually has a higher price for younger people because younger people have more accident

Business
1 answer:
kondor19780726 [428]2 years ago
6 0
The answer to this question is true 
i hope this helps u 

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For the last several months, an employee stays late to finish up work. When
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Hardworking, a perfectionist, a bit of a loner, and maybe a bit of an over-achiver.

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3 years ago
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The Country Fields Retirement Community charges $6000/month for a single senior citizen to reside in an efficiency apartment wit
Karolina [17]

Answer:

a) 300

b) $100,000

Explanation:

Data provided in the question:

Charges by Country Fields Retirement Community per senior citizen = $6000/ month

Operating expenses = $600,000 per month

Cost for each person = $4000 per person per month.

Now,

a) Let the break even number of senior citizen residents be 'x'

Now,

At break even

Total revenue = Total cost

Thus,

$6000x = $600,000 + $4,000x

or

$2000x = $600,000

or

x = 300

b) Total profit or loss = Total revenue - Total cost

for 350 senior citizens

Total profit or loss = ($6,000 × 350 ) - ($600,000 + $4,000 × 350)

= $2,100,000 - $2,000,000

= $100,000         [Positive value means profit]

8 0
3 years ago
A sporting goods store is having a large sale event. Baseball bats are marked down by 42%, and hockey sticks are marked down by
Rina8888 [55]

The correct statement is   "Hockey sticks had their prices reduced by $0. 41 more than baseball bats."

Mark down refers to a reduction in price of an item or good. The reduction is generally done as a percentage of price of the item. The purpose behind mark down is to increase sales volume.

<h3>Calculation of reduction in price:</h3>

Given:

Markdown in price of baseball bats is 42%

Cost of baseball bats after markdown is $21.46

Markdown in price of hockey sticks is 29%

Cost of hockey sticks after markdown is $39.05

For calculating the amount of markdown, we need to find the original cost of baseball bats and hockey sticks.

Calculation of cost of baseball bats before markdown:

\begin{aligned} \rm Cost \:before\:markdown &= \dfrac{\rm Cost \:after \:Markdown}{100- \rm Markdown\%} \\&#10;\\&#10;&=\dfrac{21.46}{100-42\%}\\&#10;\\&#10;&=\dfrac{21.46}{58\%}\\&#10;\\&#10;&=\$37\end

Hence the markdown in price of baseball bats is \$37-\$21.46=\$15.54

Similarly, for hockey sticks:

\begin{aligned} \rm Cost \:before\:markdown &= \dfrac{\rm Cost \:after \:Markdown}{100- \rm Markdown\%} \\\\&=\dfrac{39.05}{100-29\%}\\\\&=\dfrac{39.05}{71\%}\\\\&=\$55\end

Markdown in the cost of hockey sticks is \$55-\$39.05=\$15.95.

Difference in markdown is:

\$15.95-\$15.54=\$0.41

Therefore it can be concluded that markdown in cost of hockey sticks is more as compared to baseball bats by $0.41

Hence the correct statement is "Hockey sticks had their prices reduced by $0. 41 more than baseball bats."

Learn more about markdown here:

brainly.com/question/3099549

7 0
2 years ago
18. Information gained by applying someone else's survey information to your business is called A. potential customer sourcing.
ivanzaharov [21]
C demographic research 
5 0
3 years ago
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Gremlin Industries will pay a dividend of $ 1.55 per share this year. It is expected that this dividend will grow by 7​% per yea
sasho [114]

Answer: 14%

Explanation:

We can calculate this using the Gordon Growth Model which looks like this,

P = D1 / r - g

P is the current stock price

D1 is the next dividend

r is the rate of return or the cost of capital

g is the growth rate.

We have all those figures except the cost of capital so making r the subject of the formula we can solve for it. Doing that will make the formula,

r = D/ P + g

r = 1.55 / 22.10 + 0.07

r = 0.1401

r = 14%

14% is the equity cost of capital.

If you need any clarification do react or comment.

3 0
3 years ago
Read 2 more answers
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