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3 years ago

Insurance is a financial service that allows a

Business

2 answers:

Contact [7]3 years ago

5 0

Insurance is a financial service that allows a

A consumer to transfer all risk to a company.

B company to control finances for a consumer.

C consumer to share liability with a company.

D company to maximize risk for a consumer.

C THE ANSWER FOR EDG

astra-53 [7]3 years ago

4 0

Insurance is a financial service that allows a consumer to share liability with a company.

The answer is C

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Markets provide the efficient amount of a good or service when externalities are present. monopoly exists. public goods are pres

torisob [31]

Markets provide the efficient amount of a good or service when externalities and public goods are absent.
Externalities in this case refers to an unpredictable occurence such as natural disasters, and public goods refers to the goods that given from the government for lower or higher than the market price

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3 years ago

Down Under Boomerang, Inc., is considering a new 3-year expansion project that requires an initial fixed asset investment of $2.

Sedbober [7]

Answer:

Explanation: please refer to the explanation section

Initial fixed asset Investment = 2.33million = 2 330 000

Modified Accelerated Cost recovery System

The Fixed Asset Falls under the 3 year MACRS class the project the asset which states that Asset Depreciation range Midpoint is 4 years or less The period for this project is 3 years

Estimated annual sales = $1735000

costs = $640,000

Initial Net working Capital investment = $300,000

Residual Value (Value of the fixed asset at the end) = $255,000

a. Projected Cash flows

Year 0

Cash outflows = 2 330 000 - 300 000 - 255 000 = 2375000

year 1 year 2 year 3

Estimated sales 1735000 1735000 1735000

costs -640000 -640000 -640000

Depreciation -791666.67 -791666.67 -791666.67

Residual Value 255000

Net sales 303333.33 303333.33 558333.33

Tax 25% -75833.33 -75833.33 -139583.33

Net Cash flows 227500 227500 418750

Depreciation = (2330 00 + 300 000 -255000)/3= 791666.67

Tax = Net sales x 25%

b Net Present Value (Required rate Return = 9%)

PV = 227500/(1+0.09)^1 + 227500/(1 + 0.09)^2 + 418750/(1+0.09)^3

Present Value of cash flows = 723549.63

Net Present Value = 723549.63 - 2630 000 = -1906450.37

The net present Value is Negative indicating the project will not bring positive returns

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3 years ago

Courts Distributors needed two hundred compact refrigerators on a rush basis. It contacted Eastinghouse Corporation, a manufactu

Romashka [77]

Answer:

Courts Distributors and Eastinghouse Corporation

Dispute over Contract Price

The two parties have a legal contract. The contract was established when Courts requested Eastinghouse to send the refrigerators and bill later.

The exact price for the contract is in dispute. This dispute can be resolved between the parties. Reference to the market price will help resolve the dispute, otherwise, the parties may seek alternative dispute resolutions, like litigation, mediation, or arbitration.

Explanation:

a) Data and Analysis:

Eastinghouse's invoice price for the refrigerators = $140,000

Courts' adopted market price = $120,000

b) Since Courts' reference to the price is with regard to the wholesale market price, it may be that Eastinghouse quoted the retail price instead. Since Courts is a distributor, it has the right to be charged a wholesaler's price and not a retailer's. Therefore, we can conclude that after due reference to the prevailing market price of similar refrigerators, the two parties may agree to a price of $120,000 or a little higher.

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3 years ago

Jeff works as a computer repair technician

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The answer to the question above as to what types of income does Jeff have if he works as a computer repair technician and he has money in a savings account and he owns some stock as an investment, Jeff gains his income through salary from his job as a repair technician, interest in the savings account and dividend in the stocks.

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What are the paper bills and coins that a country actually circulates called?

AnnZ [28]

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