Answer:
Premium is likely to be $180.00
Explanation:
Two players have 40% chance of slipping
Equally,two players have 20% chance of slipping
bruise cost per slip is $150
Premium=40% chance of slipping*bruise cost*2 players +20% chance of slipping*bruise cost*2 players
Premium=40%*$150*2+20%*$150*2
Premium=0.4*$150*2+0.2*$150*2
premium=$60*2+$30*2
premium=$120+$60
premium=$180.00
If the insurance company offers bruise insurance to the players ,the premium is likely to be in the region of $180.00
Answer:
departmentalization
Explanation:
The departmentalization is a means to organize the activities of the company, in order to facilitate the achievement of its objectives, it consists in the coordination in the combination and / or adequate grouping of the activities necessary for the organization in specific departments.
Answer:
$93,500
Explanation:
Net Working Capital = Current Assets - Current Liabilities
Current Assets = Total Equity + Liability - Fixed Assets
= $218,700 + $141,000 - $209,800 = $149,900
Current Liability = $141,000 X 40% = $56,400
As out of total due 40% is payable within a year, which means it is current liability.
Net working capital = $149,900 (current assets) - $56,400 (current liability)
= $93,500
