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seropon [69]
3 years ago
7

6. A company estimates that .6% of its products will fail after the original warranty period but within a 5-year warranty period

, with a replacement of $450. If they offer a 5-year extended warranty for $60, what is the company’s expected value for each policy sold? (round to the penny)
Business
1 answer:
Nitella [24]3 years ago
4 0

Answer:

The answer is: $57.30

Explanation:

To determine the expected value of each warranty policy that was sold, we can use the following formula:

expected value = policy price - (probability of failure x cost of replacement)

expected value = $60 - (0.6% x $450)

expected value = $60 - $2.70 = $57.30

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which strategy for merging two distinct cultures is most effective when the two companies have relatively weak cultureswith over
nata0808 [166]

Answer:              

integration strategy                      

Explanation:

In simple words, integration strategy can be defined as a set of activities that are implemented by organisations for combining the activities and operations of the business without making any conflict or chaos during the merger.

In such a strategy both the companies that are merging their business tries to control several different aspects both quantitative and qualitative for example integrating the sully chain management and taking care of work place ethics and codes that run in both the organisations.

7 0
3 years ago
1. In what ways do you think the debt of your country influences the life of ordinary citizens? 2. Discuss with reference to a n
inn [45]

higher debt crowds out investment in capital goods and thereby reduces output relative to what would otherwise occur

<h3>What is debt ?</h3>

Debt is an obligation that forces one party, the debtor, to pay another party, the creditor, money or other agreed-upon value. Debt is a delayed payment or series of payments that differs from an immediate purchase.

Student loans, mortgages, and company loans are examples of "good" debt, which is defined as money due for things that can help develop wealth or boost income over time. "Bad" debt is defined as credit card or other consumer debt that does little to help your financial situation. These are overstatements.

Debt refers to the amount of money that must be repaid, whereas financing refers to the provision of funds for use in commercial activities.

To know more about debt follow the link:

brainly.com/question/1957305

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5 0
1 year ago
If you own 15 comma 000 shares of stock of Nike and it pays a dividend of $ 0.21 per​ share, then what is the total dividend you
DanielleElmas [232]

Answer:

$3,150

Explanation:

Data provided in the question

Number of shares owned = 15,000 shares

Dividend per share = $0.21

So, the total dividend received is

= Number of shares owned × Dividend per share

= 15,000 shares × $0.21 per share

= $3,150

We simply multiplied the number of shares owed with the dividend per share so that the total dividend could come

8 0
3 years ago
During 2020, $830000 of raw materials were purchased, direct labor costs amounted to $670000, and manufacturing overhead incurre
Schach [20]

Answer:

Waterway Industries's total manufacturing costs incurred in 2020 amounted to $2,140,000

Explanation:

The computation of the total manufacturing cost is shown below:

= Raw material + Direct labor cost + Manufactured overhead cost

= $830,000 + $670,000 + $640,000

= $2,140,000

Thus, the total manufacturing cost is comprised of direct raw material, direct labor cost, and the manufacturing overhead cost. That's why we add these three costs.

4 0
3 years ago
A loss is when what happens?
alukav5142 [94]
You lose something or lose a bet, or a video game
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3 years ago
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