1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Oduvanchick [21]
3 years ago
10

South Beach Insurance is about to begin using a program that will change the way its adjusters settle insurance claims. Adjuster

s will be able to complete an adjustment and issue a check right at the scene of the accident. Although employees are uncertain that the new system will work, other insurance agencies have been successful with this approach. At South Beach Insurance, the new program represents ________ change.
Business
1 answer:
klasskru [66]3 years ago
4 0

Answer:

The correct answer is letter "A": innovative.

Explanation:

Innovative changes allow companies to use new strategies and technologies to improve the efficiency of their operations. Sometimes those changes are processes or technological devices created by the company itself while in other cases they are adopted from other entities with similar approaches and accomplish almost the same goal.

You might be interested in
Schreiber Industries estimates bad debts at 2% of sales. Schreiber began the year with $270,000 of accounts receivable and $38,6
lorasvet [3.4K]

Answer:

The total amount of account receivable it's $246.400

Explanation:

At the beginning the company had $270.000 in the account receivable and $38.600 of allowance for bad debt, when the company wrote off bad debt, it entry a credit in the Account Receivable and a Debit in hte Allowance for bad debt.

The new balance are $244.400 in the accounts receivables and $12.600 as credit in the allowance for bad debt, with the new sales the company generate an extra account receivable of $15.000, so the net value of Accounts Receivable it's $246.400.

7 0
3 years ago
The following lots of a particular commodity were available for sale during the year: Beginning inventory 10 units at $60 First
Rus_ich [418]

Answer:

The answer is: the amount of inventory at the end of the year was $1,583 using the average cost method.

Explanation:

The average cost method calculates the cost of inventory by dividing the total costs of goods by the total units.

  • 10 units x $60 = $600
  • 25 units x $65 = $1,300
  • 30 units x $68 = $2,040
  • 15 units x $75 = $1,125

The total cost of inventory is $5,065 ($600 + $1,300 + $2,040 + $1,125)

The total units in inventory are 80 (10 + 25 + 30 +15)

To find the average cost per unit = $5,065 / 80 units = $63.31

If 25 units were left at the end of the year, then the total cost of inventory is $63.31 x 25 = $1,582,81 or $1,583

3 0
3 years ago
Mitchell Corporation bought equipment on January 1, 2017. The equipment cost $300,000 and had an expected salvage value of $50,0
docker41 [41]

Answer:

$250,000

Explanation:

The depreciable cost of the equipment is the amount that will be used to provide for depreciation on the asset also known as Depreciable Amount.

<em>Depreciable Cost = Cost - Salvage Value</em>

therefore,

Depreciable Cost = $300,000 - $50,000 = $250,000

8 0
3 years ago
Shawn puts money into an account. One year later he sees that he has 6 percent more dollars and that his money will buy 5 percen
Paladinen [302]

Answer:

d. The nominal interest rate was 6 percent and the inflation rate was 1 percent.

Explanation:

Nominal interest rate = real interest rate + inflation rate

Real interest rate is nominal interest rate less inflation rate. The real interest rate represents the real purchasing power of interest paid.

If the interest rate buys 5 percent more goods ,it means that the purchasing power and the real interest rate is 5 percent.

The nominal interest rate is 6 %

Inflation rate = nominal interest rate - real interest rate

= 6% - 5% = 1%

I hope my answer helps you.

7 0
3 years ago
OHARA COMPANY
blondinia [14]

Answer:

Explanation:

From the given information, the ratio analysis for the year 2017 at OHARA Company can be computed as follows:

1. Working capital = Current (assets - liabilities)

Working capital = $458900 - $195500

Working capital = $263,400 (for 2017)

Given that the working capital for 2016 = $160,500

Thus, the % increase of 2017 over 2016 = 64.11% increase.

2. Current ratio = Current assets / Current liabilities

Current ratio = 458,900/195,500

Current ratio = 2.35 (for 2017)

Given that the Current ratio for 2016 = 1.65

Thus, the % increase of 2017 over 2016 = 42.43% increase

3. Free cash flows = Operating cash flows - Capital expenditure - dividends

Free cash flows = $190800 - $92000 - $31000

Free cash flows = $67,800

Given that the free cash flow for 2016 = $48,700

Thus, the % increase of 2017 over 2016 = 39.22%

4.

Debt to assets ratio = \dfrac{Total \ debt} { total  \ assets}

Debt to assets ratio = 395,500/10,34,200

Debt to assets ratio = 38.24%

Given that the debt to assets ratio for 2016 = 31%

Thus, the % increase of 2017 over 2016 = 23.35%

5.

Earnings per share = \dfrac{earnings \  available \  to \  equity  \ shares}{weighted  \ a verage  \  equity \ shares}

Earnings per share = \dfrac{153100}{50000}

Earnings per share = $3.06

Given that the earnings per share = $3.15

Thus, the % decrease of 2017 over 2016 = 2.86%

3 0
2 years ago
Other questions:
  • The focus of the Manufacturing career cluster is to make useful products. to use machines. to perform maintenance and installati
    9·1 answer
  • do you think that free enterprise encourage entrepreneurship? does entrepreneurship promote economic change? explain
    9·1 answer
  • Suppose that a worker in Country A can produce either 25 bananas or 5 tomatoes cach year. Country A has 200 workers. Suppose a w
    14·1 answer
  • When it comes to saving money, what is a good rule of thumb?
    11·1 answer
  • A property is purchased for $110,000. The lender provides a loan for $85,000. He offers a very attractive interest rate of 3% wi
    7·1 answer
  • Global Company sold merchandise to Montana Industries for cash, $3,450. The cost of merchandise sold was $1,850. Global Company
    10·1 answer
  • Which of the following is an example of a divisional organization structure?
    10·1 answer
  • Match the given terms to the appropriate statement relating to the various functions of money. Each term is used only once.
    15·1 answer
  • Samantha is maximizing total utility while consuming food and clothing. Her marginal utility from food is 50, and her marginal u
    9·1 answer
  • The project manager building a swimming pool and clubhouse at a retirement community is reviewing the chronological sequence of
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!