Answer:you make an offer to buy your neighbor's house.
Explanation:
As seen from the aforementioned alternatives which all have insurable interest.Thus they are expantiated;
1)Firstly,a savings and loan company holding a mortgage on your home has an insurable interest on interest of the property on insurance premium.
2)Secondly,your lease makes you liable for fire damage to your rented premises makes for an insurable interest which is in form of mortagee/morgator contract,even if it isn't your property,it makes you liable for an insurable interest.
3)Thirdly,you have custody of a valuable painting when the owner is away also makes you eligible for an insurable interest.Though here as carrier,it still gives the right to an insurable interest courtesy of the fact that it is in your custody.
Finally,you make an offer to buy your neighbor's house doesn't make you eligible for an insurable interest because it's just a matter of a vocal agreement,thus no transaction has been carried out and therefore,no property transferred to your custody either way.
Answer:
- $ 80,000
Explanation:
The existing Power's profit margin is $0 ($41,700 - $41,700 + $0).
<u>Dropping Windsor division has the following effect :</u>
Increase in cost - opportunity cost of $ 80,000
<em>The opportunity is due to lost contribution </em>
Fixed costs are unavoidable thus, they are irrelevant when doing this calculation.
thus,
Power's profit margin will be - $ 80,000 if the Windsor division was dropped.
Answer:
Option (c) is correct.
Explanation:
Variable manufacturing costs = $30000
Variable selling and administrative costs = $14000
Fixed manufacturing costs = $160000
Fixed selling and administrative costs = $120000
Investment = $1700000
ROI = 50%
Planned production and sales = 5000 pairs
ROI = Investment Value × ROI Rate
= $1,700,000 × 50%
= $850,000
Desired ROI per Pair of Shoes :-
= ROI ÷ Planned production and sales
= $850,000 ÷ 5000 pairs
= $170
Answer: Tactical plan
Explanation: In simple words, tactical planning refers to the segmentation of strategic planning in shorter time periods. It focuses on determining the course of actions for departments of an organisation but for a short time period.
In the given case, Kyle is estimating various requirements of the organisation for next six months.
Hence from the above we can conclude that she is creating tactical plan.
Answer:
Money can easily be divided into smaller denominations is the correct answer.
Explanation:
