Answer:
is to share risk.
Explanation:
Insurance is a means by which individuals and businesses avoid the risk of a loss. It is a risk management strategy that is used to hedge against the risk of uncertain loss.
So risk is shared with other parties usually the insurance company in the event of a loss.
The insurance company collects a payment called premium to maintain this agreement. The premium acts as a financial cushion for the insurance firm, and also provides means of settling loss claims.
For example a company can buy insurance against fore loss and pay premiums. In the event of a fire the insurance company is liable to reimburse the company for losses incurred.
Unemployed people usually buy fewer things.
Unemployed people may not be able to repay their loans.
Unemployed people may have to change their financial goals.
Answer:
a. $50,000
b. 2.25 times
c. 0.75 times
Explanation:
a. The formula to compute the working capital is shown below:
Working capital = Current assets - current liabilities
where,
Current assets = Cash + accounts receivable + merchandise inventory
= $16,000 + $44,000 + $60,000
= $90,000
And, the current liabilities would be
= Wages payable + accounts payable
= $10,000 + $30,000
= $40,000
Now put these values to the above formula
So, the value would be equal to
= $90,000 - $40,000
= $50,000
b. Current ratio = Total Current assets ÷ total current liabilities
= $90,000 ÷ $40,000
= 2.25 times
c. Acid-test ratio = Total Current assets - merchandise inventory ÷ total current liabilities
= $90,000 - $60,000 ÷ $40,000
= 0.75 times
Explanation:
As most students discover, college is not the same as high school. For many students, college is the first time they are “on their own” in an environment filled with opportunity. And while this can be exciting, you may find that social opportunities conflict with academic expectations. For example, a free day before an exam, if not wisely spent, can spell trouble for doing well on the exam. It is easy to fall behind when there are so many choices and freedoms.
One of the main goals of a college education is learning how to learn. In this chapter we zoom in on learning how to skillfully manage your time. To be successful in college, it’s imperative to be able to effectively manage your time.
In the following Alleyoop Advice video, Alleyoop (Angel Aquino) discusses what many students discover about college: there is a lot of free time—and just as many challenges to balance free time with study time
