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Alenkasestr [34]
3 years ago
10

Jenna opened a successful restaurant. One night, after the restaurant had closed, a fire started when the electrical system malf

unctioned. In addition to the physical damage to the restaurant, Jenna also lost profits that could have been earned while the restaurant was closed for repairs. The lost profits are an example of
Business
1 answer:
Vinvika [58]3 years ago
6 0

Answer:

Indirect loss

Explanation:

The lost profits are an example of indirect loss.

Indirect loss also known as consequential loss is a loss sustained by a business owner when it is unable to use its assets for the intended purpose. Indirect loss is as a result of damage caused by fire, flood, earthquake etc.

An insured business is able to recover part of indirect loss but if the business is not insured, then it will bear the consequences alone.

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Sami nguyen is responsible for two departments that continually set conflicting goals. sami must get involved in ____ to achieve
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<span>Sami must get involved in communicating between departments. He needs to set meetings so they can reach a joint goal and plan to get there. He needs to foster teamwork.</span>
6 0
3 years ago
TL Company has expected earnings of $75 in one year if it does well and $25 if it does poorly. The firm has outstanding debt of
Juliette [100K]

Answer:$27.78

Explanation:

Expected value of debt after one year = (40* .60)+(15*.40)

= 24 + 6

=$ 30

Current value of debt = Value at 1year / (1+r)^n

= 30/ (1+.08)^1

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=$ 27.78

3 0
3 years ago
Indicate the proper accounting treatment for a change in the rate used to compute warranty costs.
Lana71 [14]

Answer:

a. Accounted for prospectively

Explanation:

Warranty cost is an expense i.e. to be incurred for the repair or replacement of the goods comes under the warranty given by the company.

Here if there is a change in the rate i.e. used for determining the warranty cost so it would be accounted in prospectively manner i.e. it would be changed in the current period and also the amount should be estimated or predicted

Hence, the correct option is a.

7 0
3 years ago
Suppose all stocks in Cheyenne’s portfolio were equally weighted. Which of these stocks would contribute the least market risk t
Finger [1]

Answer:

Least Market Risk - Fitcom Corp. as it has the lowest beta.

Explanation:

According to the given table, as we can see that there are 4 types of stock, 4 investment, 4 beta, and 4 standard deviations. Now, as per the requirement of the question the least market risk to the portfolio of the stock is Fitcom Corp. as it has the lowest beta that is 0.50.

Therefore the right answer is Fitcom Corp.

7 0
3 years ago
What is the slope of the line represented by the equation y=-2/3<br>- 5x?​
iren [92.7K]

Answer:

the slope is -5 or -5/1

Explanation:

7 0
3 years ago
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