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3 years ago

4.

Business

2 answers:

Setler79 [48]3 years ago

6 0

It is c. Because most banks don't offer letters of credit.

Zigmanuir [339]3 years ago

5 0

General banking services do NOT include letters of credit.

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You buy a lottery ticket to a lottery that costs $10 per ticket. There are only 100 tickets available to be sold in this lottery

Eduardwww [97]

Answer: The expected loss is $2.3

Explanation:

Total number of tickets to be sold = 100 tickets

one $450 prize, the expected gain = 450 x (1/100) = $4.5

two $110 prizes, the expected gain = 110 x (2/100) = $2.2

four $25 prizes. the expected gain = 25 x (4/100) = $1

Expected gain (loss) = Total expected gain - Cost of the ticket

= (4.5 + 2.2 + 1 ) - 10

= (2.3)

The expected loss is $2.3

5 0

3 years ago

Read 2 more answers

Benjamin Company had the following results of operations for the past year:Sales (16,000 units at $10.25) $164,000Direct materia

Mamont248 [21]

Answer:

Profit will increase by 5,975

Explanation:

From past year we can see that total variable cost will be:

Direct Material+Direct Labor+Variable Over head.

Total Variable Cost =100,000+20% of 20,000

Total Variable costs = 100,000+4000= 104,000

Per Unit Variable cost = Total Variable cost/Total Unit Produced

Per Unit Variable Cost = 104,000/16,000 = 6.5

If Benjamin accepts the offer results will be:

Sale (4,500*8.05) 36,225

Variable Cost (4,500*6.5) (29,250)

Incremental Fixed cost (650)

Incremental admin

and selling cost (350)

Operating Income 5,975

7 0

3 years ago

Read 2 more answers

Place the following obligations as a corporation (as identified by Archie B. Carroll) in order, starting with the highest-level

BabaBlast [244]

Explanation:

1. Being a good global corporate citizen

2. Being ethical in its practices

3. Obeying the law

4. Making a profit

According to Archie B. Carroll,

The first one is Being a good global corporate citizen: How a good citizen is important for the country, being a good global corporate citizen is equally important for the corporate world.

The second one is the ethical practices: This is very closely related to citizenship. There are some professional ethics to be maintained for a corporate world to grow.

The third is obeying the law: Definitely, employees have to adhere to the rules of the organization which is an important aspect for the growth of the organization and to the corporate world.

The last is making a profit: The final part is profit. According to my personal opinion if all the above are followed, profit will reach the organization.

3 0

3 years ago

Imogene loves to travel and communicate with other people. she is very patriotic and believes in helping and protecting others.

hammer [34]

The two career pathways that imogene is best suited for is: National Security and Governance.

<h3>What is National Security and Governance?</h3>

National Security and Governance can be defined as the ability of a person to help and defend their citizenry or others and to as well protect their citizenry.

Based on the scenario given Imogene should go choose National Security and Governance as her career as this will enable her to achieve her goal and to as well make her dream to come to pass.

Therefore The two career pathways that imogene is best suited for is: National Security and Governance.

Learn more about National Security and Governance here:brainly.com/question/25375059

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8 0

1 year ago

"Competition is always going to be fierce in business. The modern business now has many technology tools that can assist with fi

Tanya [424]

Answer:

Nowadays, many industries use data analysis to obtain good results and in this way determine what action plan should be implemented.

Explanation:

So is; With the data analysis models, the proposed objectives can be achieved more quickly and reliably, which is why descriptive statistics are very important since they allow us to analyze and evaluate information that we do not see with the naked eye.

3 0

3 years ago