Answer: $500,000
Explanation:
Firstly, we should note that the annualized loss expectancy will be 10% of the estimated damage.
Since we are informed that Jack estimated that a flood would cause $5M of damage to his $40M facility, then the annualized loss expectancy will be:
= 10% × $5 million
= $500,000
Answer:
d. being undecided whether or not to concentrate operations on local versus global markets
Explanation:
A company's strategy entails management's concised plan of action for outperforming competitors and achieving success and superior profitability. They are plan of action by companies to grow the business, stake out a market position, attract and please customers, compete successfully, conduct operations, and achieve performance objectives. It is formally called a competitive moves and business approaches used by most company's management.
To improve performance and outgrow rivals, companies must confine their operations to local or regional markets or developing product superiority or even concentrating on a narrow product lineup. Chosing out of the three options and concentrating on it will help the company grow e.g local market. Your rivals not knowing your next move will help you a lot to outgrow rivals.
Answer:
Explanation:
To calculate, the binomial distribution formula can be applied
P(X)= nCx * Px * (1 - P)^(n - x)
Random sample of 6 adults:
P(X≥3) = P(X=3) + P(X=4) + P(X=5) + P(X=6)
(6 C 3)0.30^3 * 0.7(6-3) + (6 C 4)0.30^4* 0.7^(6-4) +(6 C 5)0.30^5* 0.7^(6-5) + (6 C 6)0.30^6* 0.7^(6-6) =
0.1852+0.0595+0.0102+0.0007
= 0.2556
[6 C 3 = 6!/(6-3)!3! = 1*2*3*4*5*6/1*2*3*1*2*3, and to calculate others apply to this formula]
Answer:
The company's after-tax cost of debt is
Explanation:
Please find the below for detailed calculation and explanations:
The company's after-tax cost of debt is equal to: Bond's yield to maturity (YTM) x ( 1- tax rate). As tax rate is given, we need to calculate the YTM.
Bond's YTM is the discount rate which brings net present value of all cash flows from the bond, which are 15 annual interest payments of $60 each ( $1,000 x 6%) and face value repayment of $1,000 at maturity, equal to its current market price of $1,075. So, it is calculated as below:
( 60/ YTM) x [ 1 - (1+YTM)^-15 ] + 1,000/ (1+YTM)^15 = 1,075 <=> YTM = 5.26%.
=> The company's after-tax cost of debt is equal to: Bond's YTM x ( 1- tax rate) = 5.26% x ( 1 - 32%) = 3.58%.
Answer:
The correct answer is letter "C": senator B.
Explanation:
Aggregate data is information obtained out of different variables that are compiled into a single study to give an idea of what the change was in the matter involving those variables throughout a period. Aggregate data aims to portrait information of interest to the general public which is usually expressed in numeric values or rates.
Thus, <em>by talking about the inflation rate change, Senator B is using aggregate data.</em>
