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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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What’s the answer????
Nastasia [14]
1) Not sure but I think A
2) D
3) A
3 0
3 years ago
1. On March 1, a business paid $3,600 for a twelve month liability insurance policy. On April 1 the same business entered into a
babunello [35]

Answer:

a $300

b $3,300

c $750

d $17,250

Explanation:

The computation is shown below:

a. Insurance expense for march month:

= Total insurance expense ÷ total number of months in a year

= $3,600 ÷ 12 months

= $300

b. Prepaid insurance

= Total insurance expense - march insurance expense

= $3,600 - $300

= $3,300

c. Rent expense for equipment for April month

= Total rent cost ÷ total number of months in two year

= $18,000 ÷ 24 months

= $750

d. Prepaid rent expense

= Total rent cost - April rent expense

= $18,000 - $750

= $17,250

8 0
4 years ago
Suppose two factors are identified for the U.S. economy: the growth rate of industrial production, IP, and the inflation rate, I
Arisa [49]

Answer:

15.4%

Explanation:

Calculation to determine your best guess for the rate of return on the stock

The revised estimate on the rate of return on

the stock would be:

Before

14% = α +[4%*1] + [6%*0.4]

α = 14% - 6.4%

α = 7.6%

With the changes:

7.6% + [5%*1] + [7%*0.4]

= 7.6% + 5% + 2.8%

= 15.4%

Therefore your best guess for the rate of return on the stock will be 15.4%

3 0
3 years ago
An investor sold a stock short a year ago for $50 per share. The stock's price is currently $52 per share. If the investor is un
cupoosta [38]

Answer: The correct answer is "stop-buy order with a specified purchase price of $55 per share.".

Explanation: An investor sold a stock short a year ago for $50 per share. The stock's price is currently $52 per share. If the investor is unwilling to accept a loss of more than $5 per share on the short sale transaction, she could place a <u>stop-buy order with a specified purchase price of $55 per share.</u>

<u>In this way there would be a difference of $ 5 between $ 50 and the specific purchase price of $ 55 and placing a stop-buy order on that price per share so as not to lose more than $ 5 per share.</u>

<u />

4 0
3 years ago
________ are certificates that save buyers money while they purchase specified products.
DedPeter [7]
Hey there,
The answer is coupons.

Hope this helps :))

<em>~Top♥</em>
8 0
4 years ago
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