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Kisachek [45]
3 years ago
11

What does purchasing insurance for a business reveal about the business owner’s attitude toward financial risk?

Business
1 answer:
Simora [160]3 years ago
8 0

It shows that the owner acknowledges the financial risks and is willing to pay every month to transfer the risk to an insurance company.

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Principles of law that reflect the customs and usages of society and are found in judicial decisions are called:_____
grandymaker [24]

Answer:

The correct answer is letter "C": common law.

Explanation:

Common laws are legal precedents set by courts that are necessarily written but can be taken into consideration at the moment of coming up with the decision of a case. These legal precedents are based on the lifestyle of society and attempt to follow the rules established by the legislature or official statutes.

7 0
3 years ago
Andy deposited $3,000 this morning into an account that pays 5 percent interest, compounded annually. Barb also deposited $3,000
iogann1982 [59]

Answer:

The correct answer is Barb will earn more interest the second year then Andy.

Explanation:

Bank interest is the money that is obtained or paid for the temporary transfer of capital. Its classification is by remunerative interest, or by default interest. And as for its operation, it is important to mention that the economic amount of interest, to be paid or collected, is given by market rules, since there is no legal limitation on them.

The interest rate will be conditioned by the market itself. For example, the interest we pay to our bank for any loan or credit operation is determined by the market interest rates taken as a reference, for example the Euribor and by the guarantees provided in our loan. A fully secured loan (mortgage for example) is much cheaper than another that has few guarantees.

3 0
4 years ago
Owen is considering giving a large charitable contribution to an organization in the current year. Owen's adjusted gross income
oee [108]

Answer:

Explanation:

There is a limit on the amount of charitable contribution that a taxpayer can claim as deduction and it depends on the type of property that a taxpayer donates and nature of charity organization. A taxpayer can deduct up to 60% of adjusted gross income (AGI) in the case of cash contributions to public charity. When he contributes capital gain property, he can deduct up to 30% of adjusted gross income in the case of public charity. When he contributes capital gain property to private non operating foundation, he can deduct up to 20% adjusted gross income.

Calculate the maximum amount of deduction as follows

Download xlsx
4 0
4 years ago
If ap sells the toaster ovens for $16 each, how many units will it have to sell to make a profit of $60,000 before taxes?
kifflom [539]
If $60,000.00 is the total sales from selling toaster ovens at $16.00 each, then the total units of toaster ovens sold would be 3,750.00 units. If expenses where given, say for example, 40% of the sales, with a profit before tax of $60,000.00, then total sales should be $84,000.00 equivalent to 5,250 units of toaster ovens.
8 0
3 years ago
Read 2 more answers
Which growth strategy is designed to increase sales of existing products to current customers, non-users, and users of competiti
s2008m [1.1K]

Answer:

market penetration:

Explanation:

Market penetration refers to the approach of selling the service and product in the market that is specified for a particular product.

it is calculated by determining the total amount of product sales in the market compared to goal of selling products in the market.

it involves all process that is needed to promote or to grow the market percentage in a particular business.

it is calculated as

market penetration= \frac{market\ covered}{target\ market} \times 100

7 0
4 years ago
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