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vekshin1
3 years ago
11

1. Your best friend says they don’t think insurance is important. Explain to them why it is important to have insurance. How is

having insurance important for successful financial management?
2. A sick relative has decided to create a living will. Based on your knowledge of living wills, what type of information do you think will be written in the will? Do you think this is a good idea? Why or why not?
Business
1 answer:
olasank [31]3 years ago
3 0
Insurance is very important and acential it helps you when something big has happend it is your life support figurtivly speaking

well a will usually includes priceless items or valuable family airloms which is given to a relative or friend yes it is a great idea because people have something to rember you by and you thing have a great owner
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[Maggie] called her insurance agent after estimating the damages. She had already spent $2,000 on pumping out the water and repa
Nina [5.8K]

Answer:

A,D,E

Explanation:

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7 0
3 years ago
Yard Tools manufactures lawnmowers, weed-trimmers, and chainsaws. Its sales mix and unit contribution margin are as follows. Sal
Damm [24]

Answer:

Total Break even sales = 154,000  units

Lawnmowers ($154,000 × 20%) = 30,800 Units

Weed-trimmers ($154,000 × 50%) =  77,000 units

Chainsaws ($154,000 × 30%) = 46,200 Units

Explanation:

As per the data given in the question,  the computation is shown below:

Weighted contribution margin = Contribution margin × Sales mix

= (0.2 × 30) + (0.5 × $21) + (0.3 × $39)

= $28.2

Now, Total break even sales = Fixed cost  ÷ Weighted contribution margin

= $4,342,800 ÷ $28.2

= 154,000  units

So classifications are as follows

Lawnmowers ($154,000 × 20%) = 30,800 Units

Weed-trimmers ($154,000 × 50%) =  77,000 units

Chainsaws ($154,000 × 30%) = 46,200 Units

We simply multiplied the total break even sales with each sales mix

7 0
3 years ago
What would happen to the equilibrium price and quantity for llama sculptures as a result of the price decrease of the porcelain
chubhunter [2.5K]

The equilibrium price and quantity for llama sculptures would fall as a result of the price decrease of the porcelain sloths. Being that they are substitute goods, a fall in price of the sloths would lead to a decrease in the demand for the llama sculptures.

An equilibrium price, additionally known as a market-clearing charge, is the consumer price assigned to some product or service such that deliver and call for are equal, or close to identical. The manufacturer or vendor can promote all the devices they want to transport and the consumer can get right of entry to all the units they need to shop for.

What's equilibrium price and demand?

The equilibrium price is in which the supply of goods fits call for. when a chief index stories a duration of consolidation or sideways momentum, it may be said that the forces of deliver and call for are fantastically equal and the market is in a nation of equilibrium.

What's particular approximately an equilibrium price?

An equilibrium price is particular due to the fact it's far the only charge at which amount demanded and quantity furnished are same. it's miles the price that corresponds with the intersection of the supply and call for curves.

What's the maximum essential characteristic of the equilibrium price?

The most critical function of the equilibrium price is that it: clears the market, leaving neither a surplus nor a scarcity.

Learn more about equilibrium price here:- brainly.com/question/22569960

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5 0
2 years ago
The following accounts have normal credit balances? a. liabilities b. revenues c. assets d. all of the listed accounts have a no
Mademuasel [1]

So the correct option is D, Because increases in any account are often bigger than losses, accounts with normal balances are on the side where increases go. As a result, the owner's drawing, spending, and asset accounts typically have negative balances. Accounts for liabilities, income, and owner capital typically have credit balances.

What is Financial Statement?
Financial statements are written documents that convey the business activities and the financial performance of a corporation. The balance sheet, income statement, statement of cash flow, and statement of changes in equity are the four primary financial statements for for-profit entities. Nonprofit organizations employ a comparable but different set of financial statements.

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7 0
2 years ago
The bureau of labor statistics produces data on unemployment and other aspects of the labor market from a regular survey of hous
ad-work [718]

The answer to this question is the Current Population Survey. The Current population survey or CPS is a survey on the United States households that primarily about 60,000 people that is done on a monthly basis. This survey is done by the United States Census Bureau. The data that is being gathered are to be used by the Bureau of Labor Statistics that surveys about the employment status of the people. 

3 0
3 years ago
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