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3 years ago

Insurance is the way a person or business is protected from :

Business

1 answer:

nevsk [136]3 years ago

3 0

Answer:

losing money

Explanation:

Helps save you from the out of pocket expense if something bad were to happen.

For example if your roof was damaged by a natural disaster it could cost thousnads of dollars out of a persons pocket.

Insurance will pay the cost to repair it allowing you to be protected from losing money.

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a company has sales of $119,000; cost of goods sold of $74,870; and total direct expenses of $8,620. the department’ contributio

arsen [322]

The department’ contribution to overhead is $35510.

<h3>How to calculate the department contribution to overhead?</h3>

Given, sales= $119,000;

cost of goods sold= $74,870;

total direct expenses= $8,620.

Gross profit = Sales - (COGS + Direct expenses)

Gross profit = $119,000 - ($74870 + $8620)

Gross profit = $35,510.

<h3>What are direct expenses?</h3>

Direct costs, commonly referred to as costs of goods sold (COGS), are expenses that are entirely attributable to the creation of a particular commodity or service. These expenses cover the direct costs of the materials required to make the product as well as maybe any labor charges that are utilized only to make the product.

To know more about gross profit, visit:

brainly.com/question/18567528

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6 0

1 year ago

Dwayne's mortgage application was denied because the credit report noticed several late payments to his credit cards over a 2 ye

Irina-Kira [14]

Answer:

. No, he has not proven he is financially responsible with money previously borrowed.

Explanation:

Dwayne is a high-risk customer.

Most lenders will want to stay away for customers who are perceived as high-risk. A high-risk customer is one whose probability of defaulting on a loan is above the market average.

Dwayne has missed loan repayments in the recent past. Banks interplate this as an indicator that he is highly likely to default on future loan repayments.

For Dwayne to qualify for a loan, he has to improve his credit score. He can do that by prompt repayments of debts. He has to find out why he is missing or getting late in meeting his obligations. Most likely, he is taking loans for the wrong reasons.

4 0

3 years ago

A country redesigned its tax policy so that the tax rate was reduced for individuals earning larger amounts of money. For exampl

storchak [24]

Answer: B. regressive taxation

Explanation:

Regressive taxation is a form of taxation where people who earn higher income pay a less percentage of income as tax while those who earn less income pay a higher percentage of income as tax.

Progressive taxation is a form of taxation where people who earn higher income pay a higher percentage of income as tax and those who earn less income pay a lower percentage of income as tax.

6 0

3 years ago

Read 2 more answers

Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps bank

Mamont248 [21]

Complete Question: Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps the banks to ________.

A) reduce the rate of customer defection

B) make low-profit customers more profitable

C) enhance the growth potential for each customer through cross-selling

D) increase the longevity of the customer relationship

E) focus disproportionate effort on high-value customers

Answer:

B) make low-profit customers more profitable

Explanation:

Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps the banks to make low profit customers more profitable.

The basic logic behind this strategy is that when customers find something coming free, then they start taking it for granted, they don't pay much attention to it, therefore, when the some services are free, customers will not be spending much on them, like upgrading, monthly plan up-gradations, monthly or annual subscriptions. Consequently, to turn the those customers into highly valuable customers, companies charge for the services which were free of cost in the past.

3 0

3 years ago

Products are invented and revised by which department? marketing production research and development finance 2. what is the indu

Vanyuwa [196]

1. The answer is <u>"research and development".</u>

Research and development alludes to innovative exercises embraced by organizations or governments in growing new administrations or items, or enhancing existing administrations or products. Research and improvement constitutes the primary phase of advancement of a potential new administration or the creation procedure.

Research and development are exceptionally hard to oversee, since the characterizing highlight of research is that the analysts don't know ahead of time precisely how to achieve the coveted outcome.

2. The answer is <u>"capstone courier".</u>

Client buys and sensor organization money related outcomes are accounted for in an industry pamphlet called the Capstone Courier.

Successful organizations will think about the Courier to comprehend the commercial center and discover openings. As the reenactment advances and systems are executed, organization results will start to shift.

3. The answer is <u>"wage increases".</u>

Production department refers to a department that is straightforwardly associated with assembling items. Illustrations are the machining, completing, and collecting offices.

Production is the useful territory in charge of transforming contributions to completed yields through a progression of generation forms. The Production Manager is in charge of ensuring that crude materials are given and made into completed merchandise successfully. He or she should ensure that work is completed easily, and must manage methods for making work more productive and more charming.

4. The answer is <u>"Borrowing Long-term debt , Borrowing Short-term debt and Issuing Stock".</u>

Short-term debt alludes to any money related commitment that is either due inside a year time frame or due inside the current monetary year. The estimation of the transient obligation account is imperative while deciding an organization's execution.

Notwithstanding any short-term debts due inside a year, there might be a segment of long-term debt that is likewise incorporated into this record. This part relates to installments that must be made on any long-term debt throughout the year.

5. The answer is <u>"marketing department".</u>

The Marketing Department assumes a fundamental part in advancing the business and mission of an organization.A advertising division advances your business and drives offers of its items or administrations. It gives the important research to recognize your objective clients and different groups of onlookers. Contingent upon the organization's various leveled association, a promoting executive, director or VP of advertising may be in charge.

6. The answer is<u> "true".</u>

A proforma is being characterized as a standard record or proclamation in respects with back that could be alluded to as a technique utilized in methods for ascertaining the money related outcomes that are given.

Proforma financial statements are utilized for a full scope of budgetary examination and ought to be made toward the start of each money related arranging cycle or at whatever point an association is thinking about a stage that could have a huge monetary effect.

8 0

3 years ago