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Oksi-84 [34.3K]
3 years ago
14

Will this health insurance plan help me save money if I'm healthy?

Business
1 answer:
riadik2000 [5.3K]3 years ago
5 0
Yes becuase what if something randomly happened to you and you had to go to the hospital and get surgery or some
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Your business partner has proposed you to join him (her) in investing $100000 each in a new enterprise. assume that you have tha
hjlf

Answer:

I wouldn't invest.

Risk preference at least 50-50 chance of gain and loose

Explanation:

case of success the return i get is $40000

case of failure i lose $20000.

My analysis shows P40=0.3 of success

And P-20=0.7 of failure.

The probability of a loose is much bigger than the probability of a gain.

So I can't bear the loose of loosing 7 times if about 20000 and gaining 3 times of about 40000 it doesn't balance.

My loose accumulating to 140000

While my gain is 120000.

I can't invest

7 0
4 years ago
7. A fast-food chain plans to expand by opening several new restaurants. The chain operates two types of
garri49 [273]

≤

Explanation:

                               Drive through                Full Service

Annual revenue          200,000                       500,000

Cost                               100,000                        150,000

Income                           100,000                        350,000

Employee                            5                                   15

Income / employee         20,000                        23,333.33

Using simultaneous equation ,

Let X represent the drive through service  ,and Y represent the full service restaurant

Budget = 100,000x + 150,000y ≤ 2,400,000  (equation 1)

Employer = 5x + 15y ≤ 210   (equation 2)

(Divide equation 1 by 10 ,000)

                     10x+ 15y ≤ 240 (equation 3)

Using elimination method, multiply equation 2 by -2

                      10x +15y ≤240

                      -10x - 30y ≤-420

                        -15y ≤ -180

                             y≤ -180/-15

y = 12

substitute y = 12 in equation 3

10x + 15y≤240

10x +180 ≤240

10x≤240-180

10x≤60

x≤6

                   

12         1,800,000      180

6           600,000         30

6 drive through services and 12 full services should be opened.

                           6 Drive through                12 full service            20

Cost                             600,000                      1,800,000           2,400,000

Employees                      30                                 180

Net income                     600,000                    4,200,000

6 0
3 years ago
Paolo is always coming up with new ideas and seeking funding to explore them. He sees opportunities in the marketplace and wants
frozen [14]

Answer:

Letter C is correct.<u> Proactive.</u>

Explanation:

In this case, it can be said that Paolo has a proactive personality.

This personality trait is highly valued in the business world. Usually a person with a proactive personality has a very positive business outlook.

They can stand out as entrepreneurs, for being able to anticipate a consumer need and achieve business success. It also has a chance to gain prominence in the corporate environment, due to the effort of planning and executing new tasks and ideas and the possibility of anticipating negative situations and creating opportunities.

5 0
4 years ago
[The following information applies to the questions displayed below.]
Orlov [11]

Answer:

Pose-for-Pics

Effects on the accounting equation:

            Assets                                                 = Liabilities + Equity

Aug 1   Cash +$9,000 Equipment +$38,700 =  M. Harris, Capital +$47,700

Aug 2  Cash  -$2,300 Prepaid Insurance +$2,300

Aug 5  Cash    -$1,710 Supplies +$1,710

Aug 20 Cash +$2,650                                        = Revenue +$2,650

Aug 31  Cash  -$870                                            = Utilities Expense -870

Total assets   $49,480                                        = Total equity $49,480                                                                                    

Explanation:

a) Data and Analysis based on the accounting equation:

August 1 Cash $9,000 Equipment $38,700 M. Harris, Capital $47,700

August 2 Prepaid Insurance $2,300 Cash ($2,300)

August 5 Supplies $1,710 Cash ($1,710)  

August 20 Cash $2,650 Service Revenue $2,650

August 31 Utilities ($870) Cash ($870)

8 0
3 years ago
Closing march 15, next payment due april 1. how many months of escrow can lender take for taxes
Naddika [18.5K]

It will be escrow of 3 months can the lender take for taxes. The closing statement is also known as settlement sheet. It is also similar into an opening statement in some ways but differs in other ways. It may also refer to closing argument or summation. The statement of each party may counsel in a court case.

6 0
3 years ago
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