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2 years ago

Insurance that pays all expenses generated by the insured activity is known as:

Business

1 answer:

maks197457 [2]2 years ago

7 0

Answer:

The answer is D. first-dollar insurance coverage.

Explanation:

First dollar insurance coverage is a kind of insurance policy that has no deductible or copay, where the insurance company starts covering costs on the first dollar claimed, and in which the insurer assumes payment the moment an insurable event happens.

While there is no deductible, the amount that the insurer will pay out is often lower when compared with similar plans which have a deductible, or the premiums for the first dollar plan will be higher.

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Moji Mont Company has a debt-equity ratio of .25. The required return on the company’s unlevered equity is 15 percent, and the p

Gala2k [10]

Answer:

The company's worth is $24,420,000 if it is financed entirely by equity

Explanation:

The value of the company if financed entirely by equity is the perpetual cash flows that can be derived from the company using the required rate of return on the company's un-levered equity at 15%.

Sales $18,500,000

Variable costs(70%*$18,500,000) ($12,950,000)

EBIT $5,550,000

tax at 34%(34%*$5,550,000) ($1,887,000)

Net income $3,663,000.

Company's worth= $3,663,000/15%

=$24,420,000

4 0

2 years ago

Use the following scenario to answer the next ten questions: Natasha can produce either 5,000 pounds of cheese or 20 houses per

andrew11 [14]

Answer:

Jameson’s opportunity cost of producing one pound of cheese is 0,002 house(s).

Explanation:

Opportunity costs represent the benefits an individual, investor or business misses out on when choosing one alternative over another. Resources are limited, therefore the decision to make a quantity of product A limits the amount of producing product B.

In this exercise, Jameson has the resources to produce 5000 pounds of cheese or 10 houses per year or a combination of both.

To calculate the opportunity cost you need to determine how much of a house is 1 pound of cheese.

Opportunity cost= 10house/5000pounds= 0,002

So to produce 1 pound of cheese you need 0,002 of a house.

4 0

3 years ago

Read 2 more answers

Discuss the Sarbanes-Oxley Act 2002 and how it helps curb accounting fraud.

Soloha48 [4]

The Sarbanes-Oxley Act of 2002 was used to curb accounting fraud by improving financial disclosure of corporations, and checking and fixing frauds if they were found.

hope this helps

4 0

3 years ago

Read 2 more answers

The Converting Department of Worley Company had 2,400 units in work in process at the beginning of the period, which were 35% co

irinina [24]

Answer:

Equivalent units

Materials = 12,700 units

Conversion cost = 11,940 units

Explanation:

Equivalent Units E.U) are notional whole units which represent incomplete work and are used to apportion costs between between work in progress and completed work.

Equivalent Units = Degree of completion (%) × units

We will use the weighted average method

Weighted average method

The weighted average method of valuation of work in progress does not separate opening work-in progress from the newly introduced.

Using the weighted average method

Equivalent unit for material cost

Since direct materials are added at the the beginning of the production process the equivalent unit of direct material

EU = (100% × 10,800) + (100% ×1900) = 12700

Note that 100% represent the degree of completion.

Equivalent unit for conversion cost

Item Equivalent unit

Transferred out 100%× 10,800 = 10,800

Closing inventory 60% ×1900 = 1140

Total equivalent unit = 11,940

5 0

2 years ago

If a one-year bond has a face value of $5,000 and is sold for $4,500, what is the interest rate on the bond?

Arada [10]

Answer:

11.1%

Explanation:

The face value is $5000

It is sold for $4,500

Therefore the interest rate of this bond can be calculated as follows

$5000-$4500

= 500

500/4500 × 100

= 0.111 × 100

= 11.1%

Hence the interest rate is 11.1%

6 0

2 years ago