Apple Pay, Stripe, or Due
Answer: All business cannot be insured, some business that involved gambling ,speculation loss of profit through competition and through fall in demand cannot be insured
Explanation:
Insurance is a pool of risk, it is a wise choice made by a business organizations against unforeseen circumstances. The business is said to be full of risk, having said that not all the risk of business can be insured. The following risk cannot be insured
Gambling : This is a game of chance in which the winner takes all, based on these it is difficult for insurance company to properly calculate the premium in which losses incurred on gambling business can be based.
Speculation : This is the business which involved buying and selling of shares with the hope of making huge profit when the price is higher. Such a business has a high chance of risk which cannot be correctly calculated which made such business difficult to insure.
Loss of profit through competition : Competition in business is inevitable but insurance company cannot insure loss of profit through competition because business can rely on this to involved in careless competition in a bid to make profit.
Loss of profit through fall in demand : The demand in the goods and services produced by a business may fall due to certain factors. Insurance do not insure loss of profit through fall in demand due to the fact that it is difficult to calculate the premium that the business will pay to the insurance company to insure such loss of profit through fall in demand.
Answer:
8.04%
Explanation:
Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested
IRR can be calculated with a financial calculator
Cash flow in year 0 = $-118,400
Cash flow in year 1 = $37,200
Cash flow in year 2 = $54,600
Cash flow in year 3 = $46,900
I = 8.04%
To find the IRR using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the IRR button and then press the compute button.
Answer:
COGS= $176,800
Explanation:
Giving the following information:
Direct materials costs are $2.00
Direct manufacturing labor is $6.00
Manufacturing overhead is $0.84 per pool cue.
Direct materials:
Beginning inventory= 26,000
Ending inventory= 26,000
Finished goods inventory
Beginning inventory= 1,700
Ending inventory= 3,500
First, we need to calculate the units produced:
Production= sales + desired ending inventory - beginning inventory
Production= 20,000 + 3,500 - 1,700
Production= 21,800
Now, the cost of goods sold:
COGS= (2 + 6 + 0.84)*20,000= $176,800