Answer:
$88,150
Explanation:
DINK method for insurance sums one half of all the debt plus funeral expenses. Thus,
Using DINK method
One half of mortgage, 140,000 = 70000
One half of car loan, 14000 = 7000
One half of personal debts, 4800 = 2400
One half of credit card loans, 3500 = 1750
Funeral expenses = 7000
Thus
Total insurance needed =
70000 + 7000 +2400 + 1750 + 7000
= $88,150
Note that, when using DINK method, what the spouse earn isn't used in calculating total insurance.
Answer:
The knowledge gap can be filled with a knowledge management strategy. It involves identifying the knowledge gap and vulnerabilities and setting strategies for each of these gaps. There are three types of gaps in strategic management: Knowledge gap, strategic gap, Relations gap. The knowledge gap occurs when the company doesn't know what it needs to know. similarly, David lacks the knowledge that the customers were staying away from his shop because of the lack of services.
Answer:
Cobra Inc.
The amount that Cobra should report for desks is $790.
Explanation:
a) Data and Calculations:
Purchases on March 3 = $330
Purchases on March 22 = $460
Payment on March 24 = ($460)
Amount unpaid = $330
b) The amount that Cobra Inc. should report as Accounts Payable at the end of March is $330. However, in reporting for the desks, it should report $790 in assets. This amount represents the value of desks that the company is possessing, which is financed by company cash and creditors.
Answer: 22; 7
Explanation;
A Recession refers to the economy of a country contracting for at least 2 quarters.
Since the the beginning of the twentieth century, the United States has experienced<u> 22 recessions </u>with the worst being the Great Depression of 1929 and the Great Recession of 2008.
Of those,<u> 7 have occurred since 1970</u> with the 7th ongoing as a result of the Corona virus pandemic.
I'm not sure I believe its mark up or supply and demand