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3 years ago

What's the difference between life insurance and business insurance

Business

1 answer:

Pavlova-9 [17]3 years ago

8 0

Answer:

response

Explanation:

Health insurance protects you and your health. pays hospitals and whatnot. Business insurance protects your business and assets under it.

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Journalize the following transactions of Trapper Jonâ€™s Productions. Assume 360 days in a year.

Sindrei [870]

Answer:

Explanation:

To record note received

On June 23. Debit Credit

Notes Receivable $48,000

Accounts receivable for Radon ExpressCo $48,000

interest revenue = $48,000 x 8%x 90/360

To record dishonored note

On September 21st Debit Credit

Accounts receivable for Radon Co $48,960

Notes Receivable $48,000

Interest Revenue $960

Interest Revenue $48,960 x 10%x 30/360 = $408

Journal to record Cash Received

October 21 Debit Credit

Cash $49,368

Accounts Receivable for Radon Express Co $48,960

Interest $408

4 0

2 years ago

The Up and Coming Corporation's common stock has a beta of 0.9. If the risk-free rate is 4 percent and the expected return on th

Mashutka [201]

Answer:

r = 0.139 or 13.9%

Option e is the correct answer

Explanation:

Using the CAPM, we can calculate the required/expected rate of return on a stock. This is the minimum return required by the investors to invest in a stock based on its systematic risk, the market's risk premium and the risk free rate.

The formula for required rate of return under CAPM is,

r = rRF + Beta * (rM - rRF)

Where,

rRF is the risk free rate

rM is the market return

r = 0.04 + 0.9 * (0.15 - 0.04)

r = 0.139 or 13.9%

8 0

2 years ago

_______ consumers in the united states have increasing influences on mainstream u. S. Culture, and the buying power of this grou

Murljashka [212]

Hispanic consumers in the U.s. have an increasing influence on mainstream U. S. Culture.

<h3>What is the Hispanic consumer?</h3>

Hispanic customers are more probable to encounter unique shopping actions, such as shopping online for the first time or buying from new retailers. Categories such as home furnishings and décor and apparel and accessories have moved Hispanics online for the first time to shop for these articles.

Successful Hispanic marketing movements take proper planning, rehearsal, and a profound understanding of the Hispanic market. By factoring in language choices, cultural values, compelling creative messaging, and target audience into account, your company can effectively position itself within the Hispanic market.

To learn more about Hispanic consumers visit the link-

brainly.com/question/13652548

#SPJ4

8 0

2 years ago

Suppose Stark Ltd. just issued a dividend of $2.24 per share on its common stock. The company paid dividends of $1.80, $1.98, $2

Sergeu [11.5K]

Answer:

Ans, The cost of the company’s cost of equity capital using the arithmetic average growth rate is 10.63% and using the geometric average of the growth rate is 10.60%

Explanation:

Hi, this is the equation we need to solve in order to find the company’s cost of equity capital.

$r=\frac{Dividend}{Price} +g$

As you can see, we almost have everything, the only problem here is "g", its growth rate, so let´s find "g" using the arithmetic average, but first, we need to find the growth rate for every period, the formula is

$g=\frac{(FinalDividend-PastDividend}{PastDividend}$

Therefore, we need to find 4 g´s, let´s call them g1, g2, g3 and g4:

$g1=\frac{(1.98-1.80)}{1.80} =0.10$

$g2=\frac{(2.05-1.98)}{1.98} =0.0354$

$g3=\frac{(2.16-2.05)}{2.05} =0.0537$

$g4=\frac{(2.24-2.16)}{2.16} =0.0370$

So the average is:

$Average(g)=\frac{0.10+0.0354+0.0537+0.0370}{4} =0.0565$

Therefore, the average growth rate is 5.65%

And the company’s cost of equity is:

$r=\frac{2.24}{45} +0.0565=0.1063$

so, if the average growth rate is found by using the arithmetic average is 10.63%.

Now, let´s find the geometric average

$g(average)=\sqrt[4]{(1+0.10)(1+0.0354)(1+0.0537)(1+0.0370)} -1=0.0562$

therefore, using the geometric average to find the growth rate, the company’s cost of equity is:

$r=\frac{2.24}{45} +0.0562=0.1060$

using the geometric average, the company’s cost of equity is 10.60%

Best of luck.

7 0

2 years ago

33) Tony is offering two repayment plans to Phil for a long overdue loan. Offer 1 is to receive a visit from an enforcer and the

UkoKoshka [18]

Answer:

The answer is 8 years.

Explanation:

In Offer 2, we apply the present value formular for annuity to calculate the number of repayment, thus number of year payback because repayment is made once a year.

We have the formular to calculate present value of annuity as followed:

PV = (C/i) x [1-(1+i)^(-n)].

apply to the question, we have:

PV = the owed principal amount = $15,000;

i = annual interest rate compounded once a year = 20%;

C = number of equal annual repayment = $3,900;

n: number of repayment made thus number of year payback.

As we need to find n, we have:

15,000 = (3,900/20%) x [ 1- 1.20^(-n)] <=> 1-1.2^(-n) = 0.769 <=> 1.2(^-n) = 0.231 <=> n = -(the base 1.2 logarithm of 0.231) = 8

3 0

3 years ago