Answer:
"Why We've Been Hugely Underestimating the Overfishing of the Oceans"
Determining whether each statement is true or false:
a. False
b. True
c. False
d. True
Explanation:
The article "Why We've Been Hugely Underestimating the Overfishing of the Oceans," was published by the Washington Post on January 19, 2016. It was written by Chelsea Harvey. It tried to show how the world fish stock had been declining due to overfishing. This is why it provided a report contrary to the FAO report.
While the FAO report noted that the peak of worldwide catches was at 86 million tons in 1996, the contrary and independent report, using "catch reconstruction" showed that the peak was at 130 million tons in 1996. The reconstructed research also showed that worldwide fish catches had suffered declines ever since the 1996 peak, thereby threatening "world food security and marine ecosystems". The contrary report also suggested that all stakeholders must collaborate so that fish stocks can rebuild naturally.
Answer:
C. Underwriting experience.
Explanation:
Underwriters are known as evaluators in cases especially like that of mortgage etc, accessing the amount of risk that will involved in taking certain amount of loans. Therefore generally speaking, underwriting is simply explained as method through which an institution takes on financial risk for a fee. Risk of these such are mostly explained to be typically having dealings with loans, insurance, or investments. Certain contingencies are seen to helps to maintain certain borrowing policies for loans, establishes appropriate premiums to adequately cover the true cost of insuring policyholders, and creates a market for securities by accurately pricing investment risk.
Answer: Option (d) is correct.
Explanation:
Correct option: Only a perfectly competitive firm operates at its efficient scale.
In the perfectly competitive market and in the long run, the firms who are making losses will exit the market and those firms who are able produce at a point where price is equal to the average total cost will exist in the market.
However, monopolistic firms operates at a below efficient level of production and with an excess capacity.
Competitive firms are generally enjoys the productive efficiency in the long run because these firms have the capability to produce at a lower average total cost.
Answer:
The answer would be affirmative
Explanation:
The strategic vision of a company must always include values, mission, vision and these must undoubtedly go in the same direction to achieve the goals. It can have changes or adjustments but always be synchronized with the ideals of the entrepreneur.
Answer:
The amount of bad debt expenses for the year 2018 is $38,000
Explanation:
In the given question we have been told that the allowance for bad debts is $8,000 which the uptown travel, Inc has made and also another information that has been given in the question is that the uptown travel Inc uses the aging of account receivable method , this a method where we are calculating the amount of uncollectible bad debt expenses.
In this question it is been given that there is $17,000 of amount that is written off and there is $29,000 of amount which is uncollectible , so we will add these amount , which will give us the total amount which is uncollectible,
= $29,000 + $ 17,000
= $46,000
But in the question it has been given to us that the uptown travel Inc ahs made a allowance for the bad debts, so we will subtract this amount from the total amount which is uncollectible to get the amount of bad debt expenses.
Bad debt expenses = $46,000 - $8,000
= $38,000
