Answer:
monthly insurance payments = $29.94
Explanation:
given data
hazard coverage = $98,000
annual premium = $0.44 per $100.00
cost of the policy = 2 ½ times annual rate for 3 year policy
solution
we get here first normal premium cost per year that is
normal premium cost per year = $98000 × 0.44 ×
normal premium cost per year = $431.2
and
insurance company is offering for new owner discount for purchasing a three year policy
so here the total cost for the three year is
total cost for the three = $431.2 × 2.5 = $1078
and now we get monthly insurance payments for 3 year is
monthly insurance payments =
monthly insurance payments = $29.94
Answer: $27.90
Explanation:
Discount the dividends and the price you will sell the stock at in 4 years at 12%.
The dividends are a constant and so can be treated as annuities.
= (5 * Present value factor of annuity, 4 years, 12%) + 20/(1 + 12%)⁴
= (5 * 3.0373) + 12.71036
= $27.90
Answer:
For Option 1:
Cost = $175
Variable Cost = $0.20
For Option 2:
Cost = $350
Variable Cost = $0.09
A).
Volume demand would be same at
175 + x × 0.20 = 350 + x × 0.09
175 + 0.20x = 350 + 0.09x
0.20x – 0.09x = 350 – 175
X = 175/0.11
X = $1590.9
B).
Total cost at this break-even volume is
For option 1:
= $175 +1590.9 × 0.20
= $493.18
For Option 2:
= $350 + 1590.9 × 0.09
= $493.18
Answer:
scenario planning and scenario analysis.
Explanation:
Planning can be defined as the process of developing organizational objectives and translating them into action plans or courses of action.
This ultimately implies that, planning is a strategic technique used by organizations to make an aggregate plan for its manufacturing (production) process typically ahead of time, in order to have an idea of the level of goods that are to be produced and what resources are required so as to reduce the total cost of production to its barest minimum.
Contingency planning is also known as scenario planning and scenario analysis.
Basically, a contingency planning is a type of plan that is typically designed by a business firm to take into account a possible future circumstance or event based on a forecast.