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inn [45]
3 years ago
11

Congress adopted a law to provide insurance to protect wheat farmers. The agency in charge of the program adopted regulations to

govern applications for this insurance. These regulations were published in the Federal Register. Mary applied for insurance but his application did not comply with the regulations. She claimed she was not bound by the regulations because she never knew they had been adopted. Is she bound by the regulations?
Business
1 answer:
Zinaida [17]3 years ago
7 0

Answer:

She is bound by the regulations.

Explanation:

It is Mary's duty to know if the insurance regulations published in the Federal Register have been adopted by Congress.  The purpose of using the Federal Register is to inform US citizens of all pending legislations.  The publication in the Federal Register is, therefore, considered as a sufficient legal requirement for compliance with public notices.

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georgia has an investment portfolio of five stocks. two of the stocks are energy companies, and three are computer manufacturers
erica [24]

Georgia has an investment portfolio of five stocks. Types of risk is georgia's portfolio subject is <u>unsystematic risk</u><u>, because there are only five stocks </u><u>across two sectors</u><u>.</u>

Option D is correct.

<h3>What's an effective portfolio?</h3>

An effective portfolio is either a portfolio that offers the loftiest anticipated return for a given position of threat, or one with the smallest position of threat for a given anticipated return. The line that connects all these effective portfolios is the effective frontier.

<h3>What's unsystematic threat?</h3>

Unsystematic threat is also known as specific threat, meaning the troubles that are unique to a single company or assiduity. still, these pitfalls don't only do one establishment at a time. For illustration, a poor director might pose a specific threat to a single company's stock price.

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6 0
1 year ago
which of these line items appears on both the statement of stockholders' equity and the balance sheet?
Bad White [126]

Net income

What is net income?

Net income can either be added to retained earnings by the company or given as a dividend to ordinary stockholders. Net earnings and net profit are frequently used as synonyms for net income because profit and earnings are used interchangeably for income (depending on usage in the UK and the US as well). Net income is frequently substituted with the word income, but this is not preferred owing to potential ambiguity. Because net income is often located on the last line of a company's financial statement, it is colloquially known as the bottom line (a related term is top line, meaning revenue, which forms the first line of the account statement).

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5 0
1 year ago
If Jane Key invests $18,527.74 now and she will receive $40,000 at the end of 10 years, what annual rate of interest will she be
SSSSS [86.1K]

Answer:

C. 8%

Explanation:

Future value factor:

= $18527.74 / $40000

= 0.4631935

At 8% for 10 years the future value factor is 0.4631935

Note: Proof of calculation is attached below as picture

4 0
2 years ago
Your campus computer store reported Sales Revenue of $175,000. The company's gross profit percentage was 65 percent. What amount
vaieri [72.5K]

Answer:

The company reported $61,250 amount of Cost of Goods Sold

Explanation:

As gross profit percentage is the net percentage of sales revenue and cost of goods sold. We can find the cost of goods sold percentage as follow

Gross profit = Sales - Cost of Goods Sold

Placing the percentage

65% = 100 % - Cost of Goods sold

Cost of Goods sold = 100% - 65%

Cost of Goods sold = 35%

Now calculate the value of cost of goods sold using following formula

Cost of goods sold percentage = Cost of good sold / Sales Revenue

35% = Cost of Goods sold / $175,000

Cost of Goods sold = $175,000 x 35%

Cost of Goods sold = $61,250

6 0
3 years ago
Product Pricing: Single Product Presented is the 2017 contribution income statement of Grafton Products. GRAFTON PRODUCTS Contri
hodyreva [135]

Answer:

a)647,000

b)658,000 yes as increase net income

c) 2,480,000

Explanation:

a) current net income :                                               842,000

less 13,000 x 12 increce in variable manufacturing  (156,000)

less increase in fixed MO                                        <u>     (39,000)  </u>

                                                                                      647,000

b)

Sales        3,200,000    (16,000 x 200)

Variable   <u> (1,408,000)</u>  988,000x16,000/13,000 + 156,000

Contribution  1,792,000

Fixed MO (819,000)  

Fixed S&A<u> (315,000)   </u>

Net Income 658,000

c)

\frac{Fixed\:Cost + Target \: Profit}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}

\frac{Contribution \: Margin}{Sales \: Revenue} = Contribution \: Margin \: Ratio

1,792,000 / 3,200,000 = 0.56

\frac{1,134,000 + 254,800}{0.56} = Break\: Even\: Point_{dollars}

4 0
3 years ago
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