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N76 [4]
3 years ago
6

State any three examples of non-insurable risks??​

Business
1 answer:
elixir [45]3 years ago
8 0

Answer:

any three examples of non-insurable risks are:

Residential overland water

War.

Acts of a foreign enemy.

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The following costs were incurred in May: Direct materials Direct labor Manufacturing overhead Selling expenses Administrative e
Kaylis [27]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Direct materials= 33,000

Direct labor= 13,000

Manufacturing overhead= 23,000

The prime cost is the sum of total direct material and total direct labor. The conversion cost is the sum of direct labor and allocated overhead.

Prime cost= direct material + direct labor

Prime cost= 33,000 + 13,000= $46,000

6 0
3 years ago
How would you bookmark a web page using a GUI web browser?
Andrews [41]
The answer is D. Click on the star or favorites icon.
5 0
3 years ago
Burke tires just paid a dividend of $2.42. analysts expect the company's dividend to grow by 30% this year, 20% next year (year
Ivanshal [37]

Answer:

There is no correct answer is these options. But the correct answer is $113.41

Explanation:

The formula to solve this is:

Po = D1/r - g

Po is the Current price of the common stock

D1 is the future dividend payment

r is the rate of return

g is the growth rate.

This is quite different from the usual(single stage). This is Two-stage Dividend Discount Model. To solve this;

D1(Dividend in year 1) is $3.15( $2.42 x 1.3)

D2(Dividend in year 2) is $3.78(3.15 x 1.2)

D3(Dividend in year 3) is $4.15($3.78 x 1.1)

D in subsequent years is $4.36(4.15 x 1.05)

P3(price of stock in year 3) = $4.36/0.083 - 0.05

=$132.12

Now the stock's current market value is

$3.15/1.08 + $3.78/1.08^2 + $4.15/1.08^3 + $132.12^3

The price of the stock is $113.41

4 0
3 years ago
Absorption and Variable Costing Comparisons Red Arrow Blueberries manufactures blueberry jam. Because of bad weather, its bluebe
Morgarella [4.7K]

Answer:

Red Arrow Blueberries

RED ARROW BLUEBERRIES Functional (Absorption Costing) Income Statement For the Summer Quarter (Last Year)

Sales                                           $805,000

Cost of goods sold:

Variable costs              600,000

Fixed costs                   192,000

Goods available          792,000

Ending inventory          99,000   693,000

Gross profit                                    112,000

Operating expenses:

Variable selling & administrative  14,000

Fixed selling and administrative  38,000

Total operating expenses           52,000

Net income (loss)                        60,000

Explanation:

a) Data and Calculations:

Beginning inventory (cases)   0

Cases produced              8,000

Cases sold                       7,000

Ending inventory (cases) 1,000 (8,000 - 7,000)

Sales price per case $ 115

Direct materials per case $ 25

Direct labor per case $ 40

Variable manufacturing overhead per case $ 10

Total fixed manufacturing overhead $ 192,000

Variable selling and administrative cost per case $ 2

Fixed selling and administrative cost $ 38,000

Variable costs:

Direct materials per case         $ 25

Direct labor per case                $ 40

Variable manufacturing

 overhead per case                 $ 10

Total variable cost per case    $ 75

Total variable costs = $600,000 ($75 * 8,000)

Ending cost of

7 0
3 years ago
Vandy Corporation's balance sheet and income statement appear below: Comparative Balance Sheet Ending Balance Beginning Balance
Burka [1]

Answer:

See below the statement of Cash flow from Vandy Corporation.

Explanation:

Vandy Corporation

Statement of Cash Flow

CASH FLOW FROM OPERATING ACTIVITIES:

Net Income                                                                                     $104

Adjustments to reconcile net income to net cash provided by operating activities:

Depreciation on Fixed Assets ($349-$319+$12)                             $42

Gain on Sale of Equipment                                                              ($16)

(Increase) Decrease in Current Assets:

Accounts Receivables                                                                       $12

Inventory                                                                                             $2

Increase (Decrease) in Current Liabilities:

Accounts Payable                                                                              ($1)

Accrued Liabilities                                                                              ($1)

Income taxes payable                                                                        $4

Net Cash provided by Operating Activities                                $146

CASH FLOWS FROM INVESTING ACTIVITIES:

Proceeds from sale of Equipment                                                    $18

Purchase of Property, plant and equipment ($684-$550+$14)     ($148)

Net Cash Flow from Investing Activities                                      ($130)

CASH FLOWS FROM FINANCING ACTIVITIES:

Bonds Payable                                                                                       $13

Issuance of Common Stock                                                                   $1

Payment of Dividends                                                                       ($28)

Net Cash from Financing Activities                                                ($14)

Net Increase (Decrease) in Cash                                                        $2

Opening Cash Balance                                                                       $29

Ending Cash Balance                                                                           $31

6 0
3 years ago
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