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Gala2k [10]
3 years ago
8

Will Andrew's profession as an architect lower his tax liability? A. Yes; an employee's profession determines their tax bracket

B. No; an employee's profession has no bearing on the tax deductions C. Yes; he will be exempt from paying state tax D. No; he will gain no tax allowance, but will be exempt from
Business
1 answer:
vovangra [49]3 years ago
6 0

AAnswer:

Explanation:

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A potential customer for an $88,000 fire insurance policy possesses a home in an area that, according to experience, may sustain
Ksenya-84 [330]

Answer:

The answer is: In order for the company to break even on all the $88,000 policies in that area it must charge $528 per yearly policy.

Explanation:

In order to calculate what premium the insurance company should charge in order to break even, we must know how much money the company will have to pay during the year.

Fire insurance policy of $88,000

<u>Possible losses             Probability      Money paid by company    </u>  

total loss                              0.001              $88,000

50% loss                              0.01                $44,000

The company will have to pay $88 ($88,000 x 0.001) for a total loss and $440 ($44,000 x 0.01) for a 50% loss, we add them up and get $528.

In order for the company to break even on all the $88,000 policies in that area it must charge $528 per yearly policy.

8 0
3 years ago
2 10 n 30 r.o.g. means the cash discount period ends :what that's mean ???
yawa3891 [41]
The letters r.o.g means receipt of goods so ten days from that date. Basically it means a beginning date of invoice or 10 days after the good are received
4 0
4 years ago
Which theory would most likely explain why a commercial bank, which usually focuses on short-term securities, would switch to lo
den301095 [7]

Answer:

preferred habitat

Explanation:

According to the preferred habitat theory, if the expected returns from investment of a particular investment maturity is large enough, investors would shift from their preferred maturities.

In this question, there is a shift from the preferred maturity (short-term securities) to a long-term securities when interest rate changes

The pure expectations theory assumes that bonds of any maturity are perfect substitutes for each other. For example, if an investor buys a 10 year bond and holds it for 1 year, the return is the same as buying a 1 year bond. The theory also assumes that risk premium does not exist and a security only earns its risk free rate

Liquidity premium theory states that risk premium increases with the maturity of a bond. The theory predicts that the yield curve is upward sloping due to liquidity premium

According to the segmented market theory, each bond maturity segment can be thought of as a segment market in which yield are a function of the demand and supply for funds in that maturity.

5 0
3 years ago
Which of the following statements is true of a mission statement?
DerKrebs [107]
<span>The following statements is true of a mission statement:
</span><span>e. A well-developed mission statement, no matter what the industry or size of business, will answer five basic questions.
</span><span>d. A mission statement seeks to answer the question: "Why should you finance our business?"
</span><span>c. A good mission statement is a complex, detailed statement that explains how the organization will contribute to its specific industry.</span>
5 0
4 years ago
Read 2 more answers
Using the same amount of time and resources, Tomer can either write 100100100 lines of code or process 202020 reports, and Charl
Sindrei [870]

Answer:

Charlotte  should focus more in  writing lines of  code as an advantage while Tomer should focus more in reports.

Explanation:

<em>The two agent should concentrate in what  they tend to produce, and that they should take a good advantage of it.</em>

<em>Charlotte has a advantage that is related in writing code lines and Tomer has a have a  good advantage in report writing</em>

6 0
3 years ago
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