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4vir4ik [10]
3 years ago
13

All insurance companies charge the same rate for a given person. True False

Business
2 answers:
GaryK [48]3 years ago
7 0
The answer is false, the price varies between insurauance companies.
Anastasy [175]3 years ago
3 0
The answer is false, they differ
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Robert Solis is a salesman in a company that specializes in event management. He uses the Internet to identify potential compani
TiliK225 [7]

Answer:

B

Explanation:

4 0
3 years ago
A company assigns overhead using a plantwide rate. If total estimated manufacturing overhead is $900,000 and the total estimated
ozzi

Answer:

Overhead  application rate

= <u>Budgeted overhead</u>

  Budgeted machine hours

= <u>$900,000</u>

  30,000 hours

= $30 per machine hour

Overhead cost assigned to the product

= Overhead application rate x Actual machine hours  

= $30 x 12,000 hours

= $360,000                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                

Explanation:

In this case, there is need to determine the overhead application rate, which is the ratio of budgeted overhead to budgeted machine hours.

Then, we will obtain the overhead cost assigned to the product by multiplying the overhead application rate by actual machine hours.

3 0
3 years ago
Daphne, a victim of identity theft, can’t currently qualify for a loan but wants to buy her friend’s condo for $90,000. She coul
stiks02 [169]

Answer:

<em>an option agreement. </em>

Explanation:

The <em>option agreement</em> in the arena of financial derivatives <em>is a contract between two parties that gives one party the right, but not the obligation, to buy an asset from the other party or to sell an asset to the other</em>.

It outlines the agreed-upon price and the transaction's future date.

8 0
3 years ago
The market value of​ Fords' equity, preferred​ stock, and debt are $ 7 ​billion, $ 2 ​billion, and $ 15 ​billion, respectively.
Stolb23 [73]

Answer:

Ford's weighted average cost of capital is 8.22 %

Explanation:

Weighted Average Cost of Capital (WACC) is the minimum return that the company expect from a project. It shows the risk of the company.

Calculation of WACC

WACC = Cost of equity + Cost of preferred​ stock + Cost of debt

Capital Source       Market Values     Weight      Cost      Total Cost

equity                         $ 7 ​billion          29.17%      13.6%       3.97 %

preferred​ stock         $ 2 ​billion            8.33%      12%          1.00 %

debt                           $ 15 ​billion         62.50%     5.2 %       3.25%

Total                          $ 24 billion                                          8.22 %

Cost of equity = Risk free rate + Beta × Risk Premium

                       =  4% + 1.2 × 8%

                       =  13.6%

Cost of preferred​ stock = Dividend/Market Price

                                       = $ 3/ $ 25 × 100

                                       = 12%

Cost of debt = interest × (1- tax rate)

                    = 8% × (1-0.35)

                    = 5.2 %

7 0
3 years ago
Company A uses an accelerated depreciation method while Company B uses the straight-line method. All other things being equal, d
babymother [125]

Answer:

d. A larger fixed assets turnover ratio and a larger gain on asset disposal

Explanation:

Accelerated depreciation is a method of depreciation whereby the book value of an asset is rapidly depreciated or reduced i.e at an accelerated rate.

This method usually minimizes taxable income in the initial years as a higher amount of depreciation is claimed.

Fixed assets turnover ratio refers to what percentage of net sales is attributable to an entity's fixed assets. It is expressed as:

\frac{Net\ Sales}{Average\ Fixed\ Assets}

Gain on sale of asset disposal = Sale value - Book Value

Book Value =  Cost less accumulated depreciation till date

As can be seen, Average fixed assets balance would reduce thereby increasing fixed assets turnover ratio.

Similarly, due to higher depreciation charged, Book Value would be comparatively less, which would lead to larger gain on assets disposal in the initial years.

5 0
3 years ago
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