Identify two examples of suitable places Sarah could advertise vacancies

Which of the following is the correct minimum coverage that you must have for Property Damage Liability?

In-s [12.5K]

Property damage liablity is a type of coverage that incurred if you damage other people's vehicle.The amount of minimum coverage that you must have for property damage liablity (PDL) would be differ depending on which state where you lived in.
But on average, the amount of minimum coverage is around $10,000.

3 0

4 years ago

Experience surveys differ from surveys conducted as part of ________ in that there is usually no formal attempt to ensure that t

Oksana_A [137]

Experience surveys differ from surveys conducted as part of descriptive research in that there is usually no formal attempt to ensure that the survey results are representative of any defined group of subjects.

Explanation:

Descriptive research is classified as a form of analysis documenting the characteristics of the studied population or phenomenon. This approach relies primarily on the "what" of the topic instead of the "if" of the topic.

For example, in the periodical table explanations of the elements scientists were allowed to describe chemical reactions and predict when the elements were mixed. Descriptive work can not however identify the causes of a case.

5 0

4 years ago

A firm's profit function is pi (q) = R(q) = C(q) = 40q - (110 + 20q + 10q^2). What is the positive output level that maximizes t

Lena [83]

Answer:

Therefore the output level at which the firm's profit is maximized is = -100.it indicates a loss

Explanation:

Given that,

the firm's profit function,

(q) = 40q - (110 +20q +10q^2)

The Profit is maximised by taking the first formula of the profit function with respect to. q and putting it equal to 0, (first order condition). This gives us,

dπ (q)/dq = 40 - 20 - 20q = 0

The variable cos of the firm's average is , AVC= 20 +10q. At q=1, AVC= 30.

Since AVC is less the price, then the firm will function in the short run.

(since TR= 40q and q=1, therefore p=40).

It gives q=1

At q=1, revenue = 40, total cost= 140, therefore maximum profit = -

7 0

3 years ago

The financial statement that provides a snapshot view of the financial condition of a business at a point in time is the:

Scilla [17]

Answer:

balance sheet

Explanation:

Balance sheet can be regarded as financial statement which gives reports of the liabilities, equity of shareholders as well as assets of the company at a specific point in time, It provides a basis that can be used in computing rates of return as well as evaluating its capital structure.

It should be noted that balance sheet is

financial statement that provides a snapshot view of the financial condition of a business at a point in time

4 0

3 years ago

The beginning inventory at Midnight Supplies and data on purchases and sales for a three-month period ending March 31, are as fo

AnnZ [28]

Answer:

Ending Inventory FIFO = 1010,625

Total Sales =$ 19,650,000

Cost Of Goods Sold 18639,375

Explanation:

Date Transaction Number of Units Per Unit Total

Jan. 1 Inventory 7,500 $75.00 $562,500

10 Jan Purchase 22,500 85.00 1,912,500

Total 30,000

28 Jan Sale 11,250 150.00 1,687,500

30 Jan Sale 3,750 150.00 562,500

Inventory Ending 15,000

Feb. 5 Sale 1,500 150.00 225,000

13,500

10 Feb Purchase 54,000 87.50 4,725,000

67,500

16 Feb Sale 27,000 160.00 4,320,000

28 Feb Sale 25,500 160.00 4,080,000

Inventory Ending 15,000 

Mar. 5 Purchase 45,000 89.50 4,027,500

14 Mar Sale 30,000 160.00 4,800,000

25 Mar Purchase 7,500 90.00 675,000

30 Mar Sale 26,250 160.00 4,200,000

Ending Units 11250 

Ending Inventory FIFO = 1010,625

7,500 units at $ 90.00 = $ 675,000

3750 units at $ 89.50 = $ 335,625

Total Sales = Sales In Jan + Sales in Feb + Sales In Mar

= 1,687,500 +562,500 +4,320,000 + 4,080,000 +4,800,000+4,200,000 = $ 19,650,000

Cost Of Goods Sold= Sales Less Ending Inventory

Cost Of Goods Sold= $ 19,650,000- 1010,625= 18639,375

3. Journal Entries

Account Receivable $ 19,650,000 Dr.

Sales $ 19,650,000 Cr.

Cost Of Goods Sold 18639,375 Dr.

Merchandise Inventory 18639,375 Cr.

4. Ending Inventory FIFO = 1010,625

5. LIFO Ending inventory would be lower as price is increasing.

7 0

3 years ago