Answer:
Expected loss without insurance = $850
Explanation:
Given:
Probability to got injured or killed = 1 / 1000
Law suit average cost = $850,000
Deductible insurance = $100,000
Expected loss without insurance = ?
Computation of Expected loss without insurance:
Expected loss without insurance = Lawsuit average cost × Probability to get injured or killed
Expected loss without insurance = $850,000 × (1 / 1000)
Expected loss without insurance = $850
The purpose of the Federal Reserve cutting interest rates during a recession is to encourage borrowing (borrowing becomes cheaper) and in this way especially for companies they may spend more money then on improvements, new products etc so the economy theoretically will be stimulated to counteract the recession.
Answer:
The one-day rate of return on the index is 3.43%
Explanation:
Given that the shares were priced at;
$30 for 710,000 shares
$38 for 610,000 shares
$90 for 310,000 shares
Changes in prices of shares
$34-$30=4
$36-$38= -2
$92-$90=2
Return=change in price of shares/initial price of shares *100
The return will be;
4/30*100 =13.33
-2/38*100= -5.26
2/90*100 = 2.22
Total = 13.33+2.22 - 5.26 =10.29
10.29/3 =3.43
Answer:
A. Their home country and exporting them to other countries.
Explanation:
A global market channel generally explains the production of commodities by a certain or group of firms and goods by a home country and exporting them to other countries. This is seen generally in the production of phones, laptops, tv brands refrigerators and a whole lot of products amongst tier 1 or tier 2 countries and are been shipped to lowest their countries and other tier countries. This is seen to boost the economy and international trade friendship of either countries though the country at the recieving end is loosing per capital but at the end, we need each other to grow and live.
Answer:
Truman has a higher inventory turnover ratio and Stapleton has a higher gross profit ratio ( D )
Explanation:
Truman sell a large number of common household items ( assuming 100 unit )
while Stapleton sells a small number of expensive items ( assuming 20 units )
lets assume : Truman sells at $5 per unit and Stapleton sells at $50 per unit
with the above assumptions
Truman gross profit ratio = $5 * 100 units = $500
Stapleton gross profit ratio = $50 * 20 units = $1000
from the above assumptions you can deduce that the gross profit made by Stapleton is higher although he sells a smaller amount of goods while Truman has a higher Turnover because of its higher number of sold units