I think that getting the faster one would be better even though it's $750 but for all they kmow there could be something else wrong with the other computer that will cost you over $750
Answer:
D. Cash 8,000 Accounts Receivable 8,000
Explanation:
The insured is the person whose life is being covered against the risk under the policy.
Answer:
The company's expected value of each warranty sold = $45.55
Explanation:
x = Resulting value for the company of replacing a failed product = Price two-year-extended warranty - Replacement cost = $48 - $350 = -$302
y = Resulting value for selling extended warranty to a product that does not fail = Price two-year-extended warranty = $48
Px = Probability of X occurring = 0.7%
Py = Probability of y occurring = 100% - Px = 100% - 0.7% = 99.30%
Therefore, we have:
The company's expected value of each warranty sold = (x * Px) + (y * Py) = ((-$302) * 0.7%) + ($48 * 99.30%) = $45.55
Answer:
The financial disadvantage for the company is 3,500
Explanation:
Computation is Shown Below;
Sales Value at split-off Point = 24000
Subtract: Allocated joint Cost =<u> 16800</u>
Profit if sold at split-off point = 7200
Sales Value after processing = 35500
Subtract: Allocated joint Cost = 16800
Sub: Cost of further processing <u>= 15000 </u>
Profit if Processing further = 3700
Financial Disadvantage = 3700 - 7200 = (3500)
