Only pure risks<span> are </span>insurable<span> because they involve only the chance of loss. They are pure in the sense that they do </span>not<span> mix both profits and losses. ... Both </span>speculative risk<span> and pure </span>risk<span> involve the possibility of loss. However, </span>speculative risk<span> also involves the possibility of gain as well - even if there is </span>no<span> loss.</span>
Sales account is least likely to have a subsidiary ledger, so the correct answer is (a).
All sales transactions are documented in a sales account. Both credit and cash sales are included in this. The net sales amount that appears at the forefront of the income statement is determined by adding the account total to the sales returns and allowances accounts. A current client could also be referred as a sales account. A customer becomes a marketing account once a sale has been made to them. In order to arrive at a number referred to as net sales, the achieve business is typically merged with the returns and allowances account.
Learn more about sales account here:
brainly.com/question/29222039
#SPJ4
If your company increases its market penetration it means more people in the target market are buying the <span>company's product and it growing the business</span>
Answer:
a. Plan I is better is we drive 300 miles in a day.
b. 150 miles.
Explanation:
a. if mileage is 300 then rental charges will be,
Plan I : $36 + 17 cents * miles
$36 + 0.17 * 300 = $41.10.
Plan II : $24 + 25 cents * miles
$24 + 0.25 * 300 = $99.00
Plan I total cost for 300 miles is $41.10 whereas Plan II total cost for 300 miles is $99.00. Plan I is better plan and cost effective.
b. For mileage (m) calculation we will use equation;
Plan I = Plan II
$36 + 0.17m = $24 +0.25m
0.25m - 0.17m = $36 - $24
m = $12 / 0.08
m = 150 miles.
Set savings and debt payoff goals
