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Rama09 [41]
3 years ago
7

After getting married, Joe, 32, and Melinda, 29, decide to take out life insurance policies. Joe would like a 15-year term polic

y and Melinda would like a 20-year term policy. They each want a $300,000 policy. How much can Joe and Melinda expect to pay in premiums the first year?.
Business
1 answer:
polet [3.4K]3 years ago
6 0
It should be Joe and ISADORA and it should be ISADORA 37 and Joe 48
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Suppose your firm develops a new pharmaceutical product that may be used to reduce blood cholesterol levels, so the firm is the
Troyanec [42]

Answer:

The markup calculated as a result of information about the elasticity of demand

Explanation:

As a monopoly seller of pharmaceutical products the price set as markup would be above our marginal cost.

There are three facts about markup:

1. The Markup is not to be a price below marginal cost of the pharmaceutical product.

2. Markup is smaller when demand is more elastic. Remember if the price elasticity of demand is lower than 1, (negative) a rise in price causes an

increase in revenue for the seller.

Therefore having a -4 elasticity of demand could imply more profits for the firm.

5 0
3 years ago
Social media objectives should: Choose only ONE best answer. A Be independent of competing marketing and organizational goals. B
olya-2409 [2.1K]

Answer:

B is the best answer for this question.

Explanation:

It uses the smart goal which helps you make an achievable and realistic goal

7 0
3 years ago
Fast Auto Service provides a lubrication service for cars. It is known that the mean time taken for this
strojnjashka [21]

Answer:

The answer is below

Explanation:

The z core is used to determine by how many standard deviations the raw score is above or below the mean. The z score is given by:

z=\frac{x-\mu}{\sigma}\\\\where\ \mu=mean,\sigma=standard\ deviation, x = raw score

Given that mean (μ) = 15 minutes per car, standard deviation (σ) = 2.4 minutes.

1) For x > 18:

z=\frac{x-\mu}{\sigma} =\frac{18-15}{2.4} =1.25

From normal distribution table, P(x > 18) = P(z > 1.25) = 1 - P(z < 1.25) = 1 - 0.8944 = 0.1056

2) For x < 10:

z=\frac{x-\mu}{\sigma} =\frac{10-15}{2.4} =-2.08

From normal distribution table, P(x < 10) = P(z < -2.08) = 0.0188

3) For x > 12:

z=\frac{x-\mu}{\sigma} =\frac{12-15}{2.4} =-1.25

For x < 16:

z=\frac{x-\mu}{\sigma} =\frac{16-15}{2.4} =0.42

From normal distribution table, P(12 < x < 16) = P(z < 0.42) - P(z < -1.25) = 0.6628 - 0.1056 = 0.5572

6 0
3 years ago
Which of the following should be added to the net income in calculating net cash flow from operating activities using the indire
liubo4ka [24]

Answer:

a.

Explanation:

Operating Activities records the cash transactions involved in the operations of the business are recorded under ‘operating activities’ in the cash flow statement.  

Examples: Revenue earned, expenses incurred etc.  

There are two methods to prepare the cash flow statement. The only difference between both the methods is the way of presenting cash flow from operating activities.  

The two methods of presenting cash flow statement are:  

  1. Direct method: Operating activities section under direct method reports the amount of cash received and paid by the company during the period.  
  2. Indirect method: Operating activities section under indirect method reports the net income and later adjusts the transactions to convert it to cash basis of accounting.  

Depreciation expense is a non-cash operating expense. Thus, it is added back to the net income to derive net cash inflow from operating activities section of the cash flow statement.

4 0
3 years ago
if the fixed cost for the Job Shop were changed to $305,000, what would the new break-even point in numbers of units
elena55 [62]

Answer:

The question you have provided is missing important information needed for the calculation of break even point.

However step by step approach for the calculation of the break even point is given below :

Understand what break even point is :

Break even point is the level of operation where a Company neither makes a profit nor a loss.

Break even point in units calculation :

<em>Break even point in units calculation = Fixed Costs for the Period ÷ Contribution per unit</em>

Where, <em>Contribution per unit = Selling Price per Unit less Variable Cost (Manufacturing and Non Manufacturing) per unit</em>

Conclusion :

At Break Even Point level,Total Contribution will equal Total Fixed Cost (thus no profit nor loss)

The only data the question provided is :

Fixec Cost - $305,000

7 0
3 years ago
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