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uysha [10]
3 years ago
10

When a business owner is asked how the business is doing and she replies,

Business
1 answer:
Rama09 [41]3 years ago
5 0

Answer:

That we are no profit and loss position.

Explanation:

Breakeven point is the point at which the company is at no profit no loss position. If the lady is saying that we are breaking even, its one explanation is that all that we have earned has covered all of our costs. The second explanation is dependant on the fixed cost considered. If the fixed cost considered is for whole of the year and we are breaking even at the 8th month then the contribution in the next four months would be 100% profit.

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Mel is thinking of going on a cruise. Mel values a cruise in nice weather at $2,000 and values a cruise in bad weather at $50. T
Vinvika [58]

Answer:

Mel

If Mel is risk-neutral, then in the absence of trip insurance, the most she will be willing to pay for the cruise is _______.

c. $1,220

Explanation:

a) Data and Calculations:

Mel's value of a cruise in nice weather = $2,000

Mel's value of a cruise in bad weather = $50

Probability of nice weather = 60%

Probability of bad weather = 40%

Expected value:

Weather              Outcome Probability    Expected Value

Nice weather      $2,000          60%           $1,200

Bad weather            $50           40%               $20

Total expected value of a cruise               $1,220

6 0
3 years ago
A government's Statement of Revenues, Expenditures, and Changes in Fund Balances reported proceeds of bonds in the amount of $2,
vesna_86 [32]

Answer:

The reconciliation from the governmental funds' changes in fund balances to the governmental activities change in net position would reflect a decrease of   1,500,000 as the payments.

Explanation:

The change in net position  = Amount of bond proceeds - Amount of bond principal.

The change in net position = $2,000,000 - $500,000 = 1,500,000

There would be a decrease of  1,500,000 as the payments.

The reconciliation from the governmental funds' changes in fund balances to the governmental activities change in net position would reflect a decrease of   1,500,000 as the payments.

6 0
3 years ago
Yield to Maturity and Call with Semiannual Payments Thatcher Corporation's bonds will mature in 12 years. The bonds have a face
Dovator [93]

Answer:

rounding to two decimal places: 11.11%

Explanation:

we can se the approximate formula for YTM

YTM = \frac{C + \frac{F-P}{n }}{\frac{F+P}{2}}

C=  57.5 (1,000 x 11.5%/2)

Face value = 1000

P= 1050 (market value)

n= 24 (12 years x 2 payment per year)

YTM = \frac{57.5 + \frac{1,00 - 1,050}{24}}{\frac{1,000+1,050}{2}}

semiannual YTM =  5.4065041%

This is a semiannual rate as we consider semiannula payment.

We need to convert into annual rate:

(1 + 0.054065041)^{2}  - 1

YTM 11.1053109921343000%

rounding to two decimal places: 11.11%

8 0
3 years ago
Bdjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjj
Mashutka [201]

Answer:

nice lol

Explanation:

5 0
3 years ago
Which of the following would be considered a situation of legal employment discrimination? A. Rene, who has a disability, is rej
Leya [2.2K]

Answer: The correct answer is "A. Rene, who has a disability, is rejected from a job position because another candidate did not have a disability.".

Explanation: Disability discrimination occurs when an employer treats a qualified person with a disability, who is an employee or job applicant, unfavorably because he has a disability.

While in the case of option B, the law requires an employer to provide reasonable accommodation to an employee or job applicant with a disability, this is not mandatory if doing so will generate significant difficulties or expenses for the employer.

Therefore the case of option A would be considered a situation of legal employment discrimination.

5 0
3 years ago
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