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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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Question 3 of 20
Mice21 [21]

Answer:

B) Your income will decrease, while your expenses will increase

Explanation:

You should start retirement planning early, because as you grow up you may become less skilled or not be able to perform heavy work. As you get older expenses will increase for various reasons, inflation, which will make goods more expensive, forcing you to spend more and also medical bills,  treatments, therapies, check-ups or preventive studies, can make you spend more in an older age.

6 0
2 years ago
Use the given financial data to indicate which firm has the higher degree of each type of risk. Which firm has more business ris
Bogdan [553]

Based on the given matrics, the firm with more business risk is Purple Panda.

<h3>Why does Purple Panda have more business risk?</h3>

A company is said to have more business risk if the standard deviation of its expected Net operating profit after tax (NOPAT) is high.

This is because there is a greater variation in the NOPAT which means that a company has a greater risk of making less as well as more returns. Purple Panda has a high NOPAT standard deviation and so is riskier.

Find out more on Business risk at brainly.com/question/713210.

3 0
2 years ago
The Homeowners policy on Dylan's $110,000 home is voided when he intentionally burns the house to the ground. Consequently, he d
Advocard [28]

Answer:

The insurer pays the mortgage lender $76,000.

Explanation:

As the total outstanding amount is only $76,000

Although that the value of home is $110,000. But only the outstanding balance which is yet not repaid on mortgage will be paid to mortgage lender.

This will be paid by the insurer as the house was insured, and even though if it is burned intentionally, the insurer can not run from his liability.

Accordingly the entire balance of mortgage lender, since amount outstanding is less than value of home will be paid by the insurer.

8 0
3 years ago
Consider the following saying: "If at first you don’t succeed, try, try again." According to cognitive dissonance theory, trying
bekas [8.4K]

Answer:

Increase

Explanation:

Within the specific department of psychology, cognitive dissonance transpires while a personality possesses pair or extra incongruous ideas, beliefs, or values, or engages under an activity that works against one of these three, also undergoes psychological pressure because concerning such things. When a couple of activities either view does not remain psychologically compatible among all others, somebody will produce all their strength to modify them till they enhance consistently. "If at prime, you do not succeed, attempt, attempt repeatedly." According to the cognitive dissonance approach, attempting once more should <u>increase</u> whence enough thou worth of specific consequence of your struggles.

6 0
3 years ago
I would just like the people who run this know that priyanka2003 gave an incorrect answer
BARSIC [14]

Answer:

Bruh thats mean smh

Explanation:

4 0
3 years ago
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