Answer:
annual profit per insurance policy 107.4 dollars
Explanation:
for every 1,000 insurance policy:
revenue 1,000 x 120 = 120,000
outpatient cost: 5 x 900 = 3,600
overnight cost: 3 x 3,000 = 9,000
Profit: 107,400
We now divide over 1,000 policies:
107,400 / 1,000 = 107.4
Each policy is expected to generate a gross profit of 107.4 dollars
Answer:
C. Estimated Warranty Payable for $15,900.
Explanation:
The journal entry to record the warranty expense is shown below:
Warranty expense A/c Dr $15,900
To Estimated Warranty Payable/ Liability A/c $15,900
(Being warranty expense is recorded)
The computation is shown below:
= Monthly sales × warranty estimated percentage
= $530,000 × 3%
= $15,900
It can be estimated warranty payable or estimated warranty liability
M1 does <u>not</u> include currency held inside bank vaults (non-circulating) as well as the checkable deposits of the federal reserve, the united states treasury, and correspondent banks.
M1 is the cash supply this is composed of foreign money, demand deposits, and other liquid deposits—which incorporate savings deposits. M1 consists of the most liquid quantities of the cash delivered as it carries currency and assets that both are or may be quickly converted to coins.
M1 is a slender degree of the money supply that consists of currency, demand deposits, and other liquid deposits, including savings deposits. M1 no longer includes financial property, which includes bonds.
The M1 money supply consists of Federal Reserve notes—otherwise known as payments or paper cash—and coins that might be in stream outdoor of the Federal Reserve Banks and the vaults of depository establishments. Paper cash is the most sizeable component of a nation's cash delivery.
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Answer:
c. selling
Explanation:
The concept of readiness is understood as the extent of the follower in exercising their ability and willingness to achieve certain provided tasks.
As per the question provided, Heather's group is unable to but highly willing to take on responsibility. It means that they are at the R2 stage of readiness level where they are facing difficulties in achieving the tasks provided to them. With the result of eagerness to work would be shifted to dissatisfaction due to unable to succeed it.
The best leadership style would be selling, where high consideration and initial structure is required, through which the leader would provide his/her support and encouragement to the employees in order to protect and maintain their level of confidence.
Answer:
The answer to this question is Option A. Dave's production function change
Explanation:
production function refers to the functional relationship between the quantity of a good produced (output) and factors of production (inputs).
The expansion of Dave's Dogs will cause its production function to change as a result of increase in the quantity of goods produced and an increase in the factors of production employed.
Hence the answer is A. Dave's production function change