Answer:
The Actuarially Fair Premium that Tom have to pay for hid Health Insurance is $4,160
Explanation:
To compute the amount that Tom have to pay for Health Insurance is;
Actuarially Fair Premium = (Probability of actuality ill × Payments incurred) + (Probability of not actuality ill × Payments incurred)
Actuarially Fair Premium = (20% x $20,000) + (80% x $200)
Actuarially Fair Premium = $4,000 + $160
Actuarially Fair Premium = $4,160
Answer:
The correct answer is option A.
Explanation:
A perfectly competitive market has large number of sellers producing homogenous products. As a result, no single firm is able to affect the price level. So all the firms have their individual demand curves as a horizontal line at the price level.
This demand curve also represents marginal revenue. The firm is able to maximize profit when the price and marginal revenue is equal to the marginal cost.
Here, the revenue earned from the last unit of product is equal to the cot incurred in producing the last unit.
The form of media advertising that has seen the sharpest decline in the United States over the last 15 years is the Newspaper.
The Newspaper used to be very common in the past. It was the most common means of reaching the bigger audience. Apart from its use as a medium of carrying the happenings in the society, it also served as a means of advertising.
The decline in the use of the Newspaper today is partly due to the riser in the use of electronic media. People have moved on past the age of Newspaper. Most topics are now discussed electronically especially through the social media.
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Answer:
$45,800
Explanation:
Coronado Industries
Cost of Equipment $762,00
Accumulated Depreciation
( $762,000 - 45,000 ) /10*9 years
=$717,000/10×9 years
=71,700×9 years
=$645,300
Therefore Dec 31,2012 book value of equipment will be:
= $762,000 - $645,300
= $116,700
Equipment sold $162,500
The gain to be recognize will be
= $162,500 - $116,700
= $45,800
1 January ,2012 to 31 December,2020 will give us 9 years
Answer:
a. The process flowchart for the processes is shown in the attached file.
b. The flow time is 50 minutes.
c. It will increase the flow time to 57.5 minutes.
Explanation:
a. A process flowchart is used to show all the necessary steps and processes in an operation. The flowchart for the operation above is shown in the attached file.
b. Because F1 contains the critical path, the flow time is 50 minutes.
c. Because 50% of F1 is turned back to A, thus 100% of F1 will use approximately 15 mins in A and other 50% will use an additional 15 mins in A. Therefore:
On average F1 will use 15 + (50/100)*15 = 15 + 7.5 = 22.5 mins
This shows that Activity A will use an additional 7.5 mins. Because this is on the critical path, the flow time will change to 50 + 7.5 = 57.5 mins