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Len [333]
2 years ago
12

Bill Blum insured his hardware store with a fire insurance policy for $88,000 at a cost of $0.84 per $100. Ten months later his

insurance company canceled his policy as a result of failure to correct a fire hazard. The cost of the policy to Bill was:
Business
1 answer:
Dovator [93]2 years ago
4 0

Answer:$616

Explanation:

The insurance policy is a policy on an annual basis in which premium are paid in advance to enable the insurance firm to provide cover for the clients.

Cost of insurance

$0.84* ($88000/100)

= $732.92 per annum

However since the insurance was cancelled after 10 months he will only be responsible for 10 months.

$739.2/12*10

=$616

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Which of the following is NOT one of the managerial considerations in determining how to compete successfully? How should a comp
hodyreva [135]

Answer:

 Strategy of company concerns are explained as the action plan management,and organisational objectives.

Explanation:      

A.  A more appealing product needs to be offered to rivals for new product.

B. planning of money.

C.  action plan for management function for achieving superior profitability.

D. The company should pursue, the long-term direction management.

E. conservative defense to project

    The action plan management of the company is taking to:

A.  role out a market position,  to attract and satisfy customers, successfully,

perform the operations, and achieve all objectives.

B. conduct a sustainable competitive method and compete against rivals.

C. make your product offering more different and appealing for buyers.

D. conduct the operations.

Organizational objectives are achieved by the following methods:

A. strategic intent

B. statement of the mission.

C. plan of action.

D. business module.

E. strategic vision.

The objectives requires well groomed management to strive to:

A. match your rival businesses products and quality dimensions.

B. short-term success and build profit.

C. realignment in the market.

D. developing lasting success.

E. re-create the bussiness models.

To improve performance, for different avenues:

A. lowering the operating profit margins than rivals to drive sales

growth.

B. achieving analogous of the products.

C. pursing similar personalized customer service or quality dimensions as rivals.

D. Confination of operations to the markets.

4 0
3 years ago
Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the
Eduardwww [97]

Answer:

Split-off point:

The split-off point is the point at which products from the joint process appear and are identified.  The costs which are incurred up to the split-off point are called joint costs and the costs that are incurred after the split-off point are called as

Separable costs. Some joint products which emerge from joint process can be sold at the split-off point or some products can be put to further processing.

Compute the profit or loss from the three products as shown below'

Description                                                              A               B               C

Selling price after further processing                    20              13              32

Selling price at the split off point                            16               8        25

Incremental revenue per pound or gallon             4               5         7

Total quarterly output in pounds or gallons     $15,000    $20,000    $4,000

Total incremental revenue                              $60,000   $100,000  $28,000

Total incremental processing costs              $63,000   $80,000  $36,000

Total incremental profit or (loss)                       ($3,000) $20,000  ($8,000)

Therefore the products A and C are need to be sold at the split off point and he product B should be processed further to earn good profits.  

3 0
3 years ago
The number of shares that a corporation's incorporation document allows it to sell is referred to as
SashulF [63]

The number of shares that a corporation's incorporation document allows it to sell is referred to as authorized shares.

<h3>What is a Corporation?</h3>

This refers to a business entity that has a group of members who acts together for a set goal.

Hence, we can see that when it comes to the selling of stocks by the corporation, there is a limit of shares to sell and this is known as authorized shares.

Read more about stocks here:

brainly.com/question/25572872

6 0
2 years ago
Suppose Cute Camel Woodcraft Company is evaluating a proposed capital budgeting project (project Alpha) that will require an ini
UNO [17]

Answer:

$996,267.41

Explanation:

The Net Present Value of Alpha`s project can be determined by using the CFj Function of a Financial Calculator as follows :

<em>- $400,000  CF0</em>

<em>$325,000     CF1</em>

<em>$500,000    CF2</em>

<em>$400,000    CF3</em>

<em>$475,000    CF4</em>

<em>I/YR = 8%</em>

<em>Then, SHIFT NPV gives $996,267.41</em>

Thus, Alpha's net present value (NPV) is $996,267.41.

8 0
2 years ago
The marketing team of a regional airline company plans to launch a new marketing campaign to draw more customers to its flights.
MrMuchimi

Explanation:

<em><u>1</u></em><em><u>.</u></em><em><u> </u></em><em><u>advertising</u></em><em><u> </u></em>

<em><u>2</u></em><em><u>.</u></em><em><u> </u></em><em><u>distribution</u></em><em><u> </u></em>

<em><u>3</u></em><em><u>.</u></em><em><u> </u></em><em><u>well</u></em><em><u> </u></em><em><u>crafted</u></em>

4 0
2 years ago
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