1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
omeli [17]
3 years ago
14

True or False: Homeowners in states like Texas or Florida may have to purchase special insurance based on their home's geographi

c location.
Business
2 answers:
zlopas [31]3 years ago
3 0
True, it’s a good idea because it helps protect your home and other assets
damaskus [11]3 years ago
3 0

Answer: true

Explanation:

You might be interested in
Someone please help me.
Elanso [62]
In my understanding, this assignment wants you to evaluate the decision made by the management officer, in her attempt to improve the business position.

First of all, net profit figure shows the profitability of the business. Net profit figure means the total profit earned minus all the costs incurred in running the business. Higher net profit figure in year 1 might indicate a favourable position, as it could be that higher profit is generated from using whatever method/machine they use in year 1, or running this machine incurred less cost. In year 2, they didn't necessarily earn lower profit, but running the new machine might be more costly.

Next, rate of productivity growth refers to the growth in quantity of output produced. If more output can be produced, this means higher efficiency. This means that the efficiency of production in year 2 is more than in year 1.

Thirdly, the number of customer's complaints is important in evaluating the business' goodwill, in this case, its position in the society. Without good relationship with the public, a company may lose its customer. It is always important to keep clients satisfied since they're the source of income to the business. This means that the management decision in year 2 is more favourable than in year 1.

Last but not least, rate of absenteeism can be evaluated in terms of productivity . Higher absenteeism means lower productivity, lower output but higher cost to the business since they're paying salaries to workers who don't produce output to sell. Less output to sell means less income can be earned. In year 1, the business productivity is higher than in year 2.

In year 2, the business has a boost in their efficiency & reputation. Although less profit earned, it is likely that this will grow in the future. Staff attendance can be improved by encouragement such as giving incentives for example, provision of more holidays.

I hope this is helpful!
6 0
3 years ago
On January 1, 2012, Gucci Brothers Inc. started the year with a $492,000 balance in Retained Earnings and a $605,000 balance in
dsp73

Answer:

option (C) $1,201,300

Explanation:

Data provided in the question:

Balance in retained earnings = $492,000

Balance in Common Stock = $605,000

Net income earned = $92,000

Dividend paid = $15,200

Common stocks issued = $27,500

Now,

Common Stock

= Balance in Common Stock + Common stocks issued

= $605,000 + $27,500

= $632,500

Retained Earnings

= Balance in retained earnings + Net income earned - Dividend paid

= $492,000 + $92,000 - $15,200

= $568,800

Total Stock Holders Equity on Dec 31,2012

= Common Stock + Retained Earnings

= $632,500 + $568,800

= $1,201,300

Hence,

The answer is option (C) $1,201,300

4 0
3 years ago
Suppose the dollar interest rate and the pound sterling interest rate are the same, 5 percent per year. What is the relation bet
Len [333]

Answer:

1.6

Explanation:

Please see attachment .

Download pdf
8 0
3 years ago
To generate leads for new business, Gustin Investment Services offers free financial planning seminars at major hotels in Southw
larisa86 [58]

Answer:

See Explanation section

Explanation:

We know,

Profit = Sales - Expenses

To find the total seminar profit, we have to determine the number of newly opened accounts. As it is binomial distribution, we have to make an equation to reach out the seminar profit -

Therefore, the profit equation = (new opened account × Sales commission) - Fixed seminar costs

Since we do not know how many attended open account, the profit equation of seminar = (New open account × $5,300) - $3,700

6 0
3 years ago
Reedy Company reports the following information for 2012:
asambeis [7]

Answer:

Ending WIP= $13,500

Explanation:

<u>First, we need to calculate the factory overhead:</u>

Factory overhead= 25,000*0.75= $18,750

<u>Now, the ending WIP inventory:</u>

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

68,250 = 11,000 + 27,000 + 25,000 + 18,750 - Ending WIP

Ending WIP= $13,500

4 0
3 years ago
Other questions:
  • The study done by the Committee of Sponsoring Organizations (COSO) on financial statement frauds that occurred during the period
    5·1 answer
  • During 2018, Colorado Company stock was sold for $9,400. The fair value of the stock on December 31, 2018, was Clemson Corp. sto
    13·1 answer
  • In a contract what is a consideration?
    10·2 answers
  • Portside Watercraft uses a job order costing system. During one month Portside purchased $173,000 of raw materials on credit; is
    8·1 answer
  • If a union succeeds in rasing the wages of its members above the equilibrium, what is a likley outcome?a. unemployment.b. deflat
    15·1 answer
  • Under a program called the Emissions Trading​ Scheme, the governments of European Union member nations establish overall targets
    11·1 answer
  • Jemimah was having problems with the tight scheduling and timelines given to her for one of her technical writing projects. She
    6·1 answer
  • How much do actors make in a year?
    13·2 answers
  • Drag the tiles to the correct boxes to complete the pairs.
    13·1 answer
  • A professional identity or brand name used by a salesperson and at least one or more other licensees, to provide real estate lic
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!